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South Africa|1-2 years|
Regulated in South Africa|Financial Service Corporate|MT4/5 full license|Regional Brokers|Suspicious Overrun|Medium potential risk|


Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

Server Name
CBCXMarkets-Demo MT4
Server Location Singapore


+27 (0) 311000682
AMR Building 3, 9 Concorde East Road, Bedfordview, 2007, South Africa


VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



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Contact number


+27 (0) 311000682


+44 (0) 2037288999

Broker Information


Company Name


Company Abbreviation


Platform registered country and region

South Africa

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away!
Previous Detection : 2023-12-11
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 49700)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

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CBCX · Company Summary

CBCX Review Summary
Founded 2010
Registered Country/Region South Africa
Regulation FSCA (Exceeded)
Market Instruments Forex, Precious metals, commodities, indices, futures and more
Leverage N/A
EUR/ USD Spread floating around 1.0 pips
Trading Platforms MT4 and MT5
Minimum Deposit N/A
Customer Support 24/7 Phone, email, Facebook, Twitter, Instagram and Linkedin

What is CBCX?

The CBCX Group, founded in 2010, is an award-winning multi-asset online broker with headquarters in London and offices in South Africa and Singapore. CBCX MARKETS LIMITED, offers quick and easy access to a wide range of markets such as Forex, Precious metals, commodities, indices, futures, and more.

With support for over 20 languages, CBCX caters to traders of all levels and offers superior technology, low-cost spreads, and a choice between MT4 and MT5 platforms. The broker offers two live account types: Brokerage Margin accounts and Direct Trading accounts. However, it is noted that CBCX's FSCA has been exceeded.

CBCX's home page

We would like to invite you to read the article that follows, where we will assess the broker from multiple perspectives and present organized and concise information. At the end of the article, we will offer a brief summary that will give you a complete understanding of the broker's essential traits.

Pros & Cons

Pros Cons
  • MT4 and MT5 supported
  • FSCA (Exceeded)
  • Tight spreads
  • Regional restrictions
  • Social media presence
  • Limited research selection
Pros of CBCX:

- MT4 and MT5 Supported: CBCX supports popular trading platforms like MT4 and MT5, providing traders with access to a wide range of tools and indicators for efficient trading.

- Tight Spreads: CBCX offers competitive spreads, which can help traders maximize their profits by reducing trading costs.

- Social Media Presence: CBCX maintains an active presence on social media platforms, allowing traders to stay updated with market news, educational content, and promotions.

Cons of CBCX:

- Regional Restrictions: CBCX has restrictions on certain jurisdictions, limiting access to their services for traders from specific regions.

- Limited Research Selection: CBCX has a limited selection of research materials and market analysis tools, which could be a drawback for traders who rely heavily on comprehensive research for their trading decisions.

- FSCA (Exceeded): This broker exceeds the business scope regulated by South Africa FSCA (license number: 49700).

Is CBCX Safe or Scam?

CBCX claims to offer UK Bank Account for client deposit. However, Financial Sector Conduct Authority - FSCA (license number: 49700), permits CBCX to exceed its business scope. It is essential for traders to bear in mind that investing comes with risks. Therefore, it is advisable to conduct comprehensive research and exercise caution while selecting the investment options that suit their unique needs.

exceeded FSCA license

Market Instruments

CBCX provides a diverse range of trading instruments across multiple asset classes, including:

- Forex: CBCX offers trading in major and minor currency pairs, including USD, EUR, JPY, GBP, AUD, NZD, and CAD, among others.

- Precious Metals: The broker enables trading of precious metals like gold, silver, platinum, and palladium, which are often used as safe-haven assets in times of economic uncertainty.

- Commodities: CBCX provides access to a range of commodities, such as crude oil, natural gas, coffee, sugar, corn, wheat, and soybeans, among others.

- Indices: The broker offers trading in a diverse range of global stock indices, including S&P500, NASDAQ, Dow Jones, FTSE, DAX, Nikkei, and more.

- Futures: CBCX provides Futures trading on a variety of underlying assets, including currencies, commodities, stock indices, and more.

Market Instruments


CBCX offers two live account types: Brokerage Margin accounts and Direct Trading accounts.

  • Brokerage Margin Accounts:

- FX & CFD Liquidity: CBCX provides access to liquidity for trading in foreign exchange (FX) markets and contracts for difference (CFDs). Traders can take advantage of price fluctuations in these markets without actually owning the underlying assets.

- API Connectivity: CBCX offers API connectivity, allowing traders to integrate their own trading systems or algorithms directly with the CBCX trading infrastructure.

- Equinix Matching Engine: CBCX utilizes the Equinix Matching Engine, a robust technology solution that ensures fast and reliable execution of trades.

  • Direct Trading Accounts:

- Web GUI: CBCX offers a web-based graphical user interface (GUI), allowing traders to access and manage their accounts directly from a web browser. This eliminates the need for downloading or installing additional software.

- Institutional Trading GUI: CBCX also provides an institutional-grade GUI tailored for professional traders or institutions. This GUI offers advanced features and functionality to meet the specific trading needs of institutional clients.

Both account types offer competitive pricing, reliable trade execution, and access to a wide range of trading instruments across various asset classes. Traders can choose the account type that aligns with their trading preferences and requirements.


Spreads & Commissions

CBCX offers competitive spreads starting from 0.0 pips. The spread is the difference between the bid and ask price of a financial instrument, and a lower spread generally indicates better trading conditions for traders.

EUR/USD Spread

Regarding commissions, CBCX does not provide specific information about commissions on their website. This suggests that they may operate on a spread-only pricing model, where the cost of trading is embedded within the spread itself, and no separate commission is charged per trade. This type of pricing model can be beneficial for traders, as it simplifies the cost structure and allows for more transparency in trading expenses.

Trading Platforms

CBCX offers its clients access to both the MetaTrader 4 (MT4) and the MetaTrader 5 (MT5) platforms. Both platforms are widely used throughout the industry and offer a range of features designed to support traders in their strategies.

  • MT4

The MT4 platform is a popular choice among forex traders as it offers advanced charting and analysis tools alongside an intuitive user interface. Traders can customize and save chart templates, set alerts for certain price levels, and access a range of technical indicators. Additionally, the platform supports automated trading through the use of expert advisors, allowing traders to automate trades based on specific criteria.

  • MT5

The MT5 platform, on the other hand, offers even more features and functionality than its predecessor. In addition to the charting tools and technical indicators available on MT4, MT5 offers more advanced market analysis tools, a greater range of timeframes, and support for both traditional netting and hedging order accounting systems. Additionally, MT5 supports trading in a wider range of asset classes, including stocks and futures, making it a more versatile platform overall.


Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +44(0) 2037288999

+27(0) 311000682 (24/7)


Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram and Linkedin.

contact details

CBCX provides an online messaging feature within their trading platform, enabling traders to communicate directly with customer support or other traders. This functionality offers a convenient means to receive real-time assistance or engage in discussions with fellow traders.

online messaging


In conclusion, CBCX is an online broker that offers a diverse range of trading options and services to clients worldwide. CBCX provides access to a wide range of markets. The broker supports popular trading platforms such as MT4 and MT5, catering to traders of all levels.

However, its license of FSCA has been exceeded. Therefore, traders should verify the regulatory status of CBCX or any broker they choose to work with to ensure compliance with industry standards and regulatory requirements.

Frequently Asked Questions (FAQs)

Q 1: Is CBCX regulated?
A 1: No. Its license has been exceeded.
Q 2: How can I contact the customer support team at CBCX?
A 2: You can contact via telephone: +44(0) 2037288999 and +27(0) 311000682 and email:
Q 3: Does CBCX offer the industry leading MT4 & MT5?
A 3: Yes. It offers MT4 and MT5.
Q 4: At CBCX, are there any regional restrictions for traders?
A 4: Yes. The information on CBCX is not directed at residents of the United States, Belgium, Israel, Iran and North Korea, officially the Democratic People's Republic of Korea or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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I tried trading on CBCX and it turned out to be safer than several existing brokers. Some brokers previously had SPIKE candles in gold up to 1913, but on CBCX it was safe, only 1933. I can recommend this CBCX
2023-11-16 18:09
Trading in cbcx markets very fast when deposit Stable Secure and withdraw under 1x24 Recomended
2023-10-30 16:56
I've withdrawn 30 times at CBCX, the process is fast and deposits are also instant, the 24x7 help center is friendly and very helpful, lots of promos on offer
2023-10-26 21:37
CBCX its best platform trading in Asia. Good service and fast withdraw. 100% Trusted for me
2023-08-11 17:31
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