CBFX

Based on its comprehensive profile, CBFX exhibits an extremely high-risk profile and cannot be considered a safe or reliable broker for retail trading. Its WikiFX SkyEye score is 1.57, which reflects severe deficiencies in key operational areas. The most critical risk factor is its designation as a Clone Firm for a purported Cyprus Securities and Exchange Commission (CySEC) license. This means the broker falsely represents itself as a regulated entity, JFD GROUP LTD, which presents a significant lack of integrity. Trading with such an entity offers no credible financial oversight, fund segregation, or investor protection mechanisms.

According to WikiFX data, CBFX Global Options Group Ltd currently holds no valid retail forex or derivatives trading licenses. It is specifically flagged as a Clone Firm, meaning it falsely claims to be licensed by the Cyprus Securities and Exchange Commission (CySEC) under a license number belonging to JFD GROUP LTD. There is no evidence of genuine authorization from CySEC or any other reputable global financial regulator for CBFX as an independent entity.

Specific information regarding CBFX's account minimum deposit requirements is not currently publicly disclosed. Brokerage terms, including initial funding requirements, are typically detailed in client agreements or on the trading platform. The lack of transparent disclosure on this foundational commercial term is noteworthy.

Information on the specific trading platforms offered by CBFX is not publicly available. Operational details, including whether it provides access to industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), are not clearly stated. This absence of key operational data prevents a full technical evaluation of its services.