CBXI Markets Limited

Overview of CBXI

CBXI Markets Limited is a forex and commodities broker based in India. It was founded within the last year and operates without regulation. The company offers a variety of trading services, such as forex, metals, indices, energies, stocks, and commodities.

Traders can choose from multiple account types and benefit from the use of the MetaTrader5 (MT5) trading platform, known for its advanced charting tools and technical indicators. The company provides customer support through phone and email channels, and various deposit methods are available for funding trading accounts.

It's important to note that CBXI Markets Limited is not regulated, which may raise concerns for some traders regarding investor protection and oversight.

Is CBXI legit or a scam？

CBXI is not regulated by any regulatory authority for the moment. This raises concerns as it indicates a lack of oversight, potential for fraudulent activities, and limited investor protection.

Traders are advised to be cautious and consider regulated brokers that operate within authorized boundaries to ensure fund safety and access to investor safeguards. Thorough research and due diligence are essential for mitigating risks and protecting investments.

Pros and Cons

CBXI Markets Limited offers several advantages for traders. Firstly, it has a low minimum deposit requirement of $0, allowing individuals with limited funds to participate in trading. Additionally, the company provides high leverage of up to 1:300, enabling traders to amplify their positions and potentially increase their profits. Competitive spreads starting from 0 pips are also offered, ensuring favorable pricing for traders. Moreover, CBXI Markets Limited provides access to a wide range of tradable assets, including forex, metals, indices, energies, stocks, and commodities. This diverse selection allows traders to diversify their portfolios and explore various market opportunities.

However, there are some drawbacks to consider. One significant concern is that CBXI Markets Limited operates without regulation, which can raise questions about the company's oversight and potential lack of investor protection. Additionally, the absence of educational resources is a disadvantage, as it may limit the availability of learning materials and guidance for traders. Furthermore, specific account types are not mentioned, making it unclear what options are available for traders in terms of customization and features.

Market Instruments

CBXI offers a wide range of market instruments for traders to diversify their trading portfolio. The available instruments include:

1. Forex: Trade over 60 currency pairs, including major, minor, and exotic pairs. Benefit from ultra-low spreads and fast execution.

2. Metals: Speculate on the price movements of Gold and Silver against the US dollar. This allows traders to diversify their portfolio and take advantage of potential opportunities in the precious metals market.

3. Indices: Access major international stock indices without commissions, requotes, or hidden mark-ups. This enables traders to participate in the performance of global stock markets.

4. Energies: Gain access to the Oil and Natural Gas markets without commissions, requotes, or hidden mark-ups. This allows traders to capitalize on price movements in these energy markets.

5. Stocks: Trade CFD stocks of top-class companies without commissions. This provides traders with exposure to the stock market and the opportunity to profit from the performance of individual stocks.

6. Commodities: Access over 50 highly demanded instruments through the latest trading platform. This includes a variety of commodities, allowing traders to trade in markets such as agriculture, metals, and energy.

With this diverse range of market instruments, CBXI provides traders with ample opportunities to explore different markets, implement various trading strategies, and potentially profit from market movements.

How to Open an Account？

To open an account with CBXI, please follow the steps below:

1. Visit the official website of CBXI at https://www.cbximarkets.com/.

2. Click on the “Open Account” or “Sign Up” button, usually located prominently on the homepage.

3. You will be directed to the account registration page. Fill in the required information accurately and completely. This typically includes personal details such as your name, email address, contact number, and country of residence.

4. Choose the type of account you wish to open. CBXI may offer different account options tailored to various trading needs, such as a standard account or a premium account.

5. Agree to the terms and conditions of CBXI. Then complete the verification process, which may involve providing necessary identification documents to verify your identity and comply with regulatory requirements. The specific documents required may vary depending on your jurisdiction and the regulations in place.

6. Proceed to fund your trading account. CBXI usually provides multiple deposit methods, such as bank transfers, credit/debit cards, or e-wallets. Select the preferred method and follow the instructions to deposit funds into your account.

Once your account is successfully opened and funded, you will receive login credentials. You can then log in to your trading account using the provided credentials and start trading in the financial markets through CBXI's trading platform.

Minimum Deposit

CBXI offers a minimum deposit requirement of just $0. No minimum deposit requirement allows traders to start their trading activities with a relatively small amount of capital. It provides accessibility to individuals with limited funds and enables them to participate in the financial markets, test strategies, and gain experience. Traders can effectively manage their risk and gradually increase their position sizes as they become more confident and proficient in trading.

Commission & Spreads

At CBXI, traders can enjoy the benefit of zero commission and ultra-low spreads. This means that traders can trade without having to pay any additional fees or charges on their transactions. The ultra-low spreads ensure that traders can enter and exit positions at competitive prices, maximizing their potential for profits. With no commissions and tight spreads, CBXI aims to provide a cost-effective trading environment that allows traders to leverage their growth and pursue success in the financial markets.

Leverage

CBXI offers leverage of up to 1:300, allowing traders to magnify their trading positions and potentially increase their profits or losses by 300 times. This high leverage ratio provides experienced traders with the opportunity to capitalize on small price movements and diversify their trading strategies. However, it's important to note that trading with high leverage carries significant risks. Traders should carefully consider their risk tolerance, financial resources, and trading experience before utilizing high leverage. Implementing effective risk management strategies and having a well-defined trading plan are crucial to mitigate the potential downsides of leveraged trading.

Security of Funds

Here at CBXI Markets Limited, we adhere strictly is the protection of our clients investment. Therefore, we have taken specific measures to provide all of our clients with a safe and secure trading environment.

Reliable Financial Safety

Pioneer in online trading, CBXI Markets Limited specializes in forex trading, derivatives on US and UK Stocks, Commodities, Spot Metals, and Indices. Protection for Client funds has been a prominent aspect of our companys policy alongside unmatched trading conditions & customer support.

Market Leading Insurance

The Company has taken extensive efforts to protect its obligations against investors and has introduced a €5,000,000 Civil Liability Insurance policy that provides leading protections against errors, omissions, negligence, fraud and any other threats that may contribute to financial damage.

Segregation of Funds

The investors funds are segregated completely from the account that is operated by the company & are deposited into a separate bank account. The saved funds are not used in any operation & are off the balance sheet, which ensures their protection at all times.

Negative Balance Protection

Forex trading is subjected to higher volatility in the market. Our policy of negative balance protection states that during uneventful times like these when margin calls and stop-outs do not function accurately, the company will ensure no client is held accountable for paying back a negative balance thus guaranteeing the safety of the funds invested.

Trading Platform

CBXI offers the popular MetaTrader5 (MT5) platform, which is widely used in the industry. It provides advanced charting tools, technical indicators, and order types for traders to analyze markets and execute trades. The platform supports automated trading through Expert Advisors, allowing for round-the-clock trading. Traders can access the platform on desktop and mobile devices, ensuring a seamless trading experience. CBXI aims to provide a powerful and user-friendly platform that meets the diverse needs of traders.

Deposit & Withdrawal

CBXI does not have any specific minimum deposit requirements. This means that traders have the flexibility to deposit any amount they are comfortable with, based on their individual trading preferences and financial capabilities. Whether you are a beginner starting with a small investment or an experienced trader looking to allocate larger funds, CBXI accommodates a wide range of deposit sizes. This lack of a minimum deposit requirement allows traders to have greater control over their trading capital and tailor their investment strategies according to their personal goals and risk tolerance.

Customer Support

CBXI offers customer support through various channels. Here are the available options:

Website: CBXI has an official website, www.cbximarkets.com, where you can access support and services. You can visit the website to explore CBXI's products and services, find answers to frequently asked questions, browse the knowledge base, or access help documentation.

Phone: You can contact CBXI's customer support team by phone. The phone number for customer support is +91 2782224141. You can call this number to speak directly with a customer support representative and seek assistance regarding any queries or issues you may have.

Email: CBXI can be reached via email for customer support. The email address for support inquiries is support@cbximarkets.com. You can send an email to this address to communicate your concerns, ask questions, or request assistance from the CBXI support team.

In addition to these channels, CBXI also provides a physical address for correspondence:

Physical Address: S-203(A), Keshrinandan Complex, OPP. Bhidbhanjan, Bhavnagar, Gujarat, India.

Conclusion

Overall, CBXI Markets Limited offers a potentially accessible trading experience with a low minimum deposit requirement of $0 and high leverage of up to 1:300. The spreads start from 0 pips, indicating competitive pricing. The availability of a demo account allows traders to practice and test their strategies before committing real funds. However, it's worth considering that the lack of regulation may impact the level of trust and transparency in the company's operations. Traders are advised to exercise caution, conduct thorough research, and consider regulated brokers with established track records to ensure the safety of their funds and access to investor protections.

FAQs

Q: What is the minimum deposit required to open an account with CBXI Markets Limited？

A: CBXI Markets Limited does not have a specific minimum deposit requirement.

Q: Is CBXI Markets Limited a regulated broker？

A: No, CBXI Markets Limited is not regulated.

Q: What trading platforms are available at CBXI Markets Limited？

A: CBXI Markets Limited offers the MetaTrader5 (MT5) platform.

Q: Does CBXI Markets Limited offer educational resources for traders？

A: CBXI Markets Limited does not mention specific educational resources.

Q: How can I contact the customer support of CBXI Markets Limited？

A: CBXI Markets Limited can be contacted through phone and email.