Is iBex Market a Scam or a Good Broker for Beginners?

Will iBex Market Scam you or is it a user friendly platform?

Forex trading has always been referred to as a form of financial investment that has become common in today’s digital economy. If you’re looking to trade for the first time then exploring various brokerages can help you get the boost you need to start trading. Not only will you learn from professional brokers but you will be able to make your own trading strategies and modify it according to your financial preferences and lifestyle.

One brokerage we will take a look at is iBex Markets. In this review we will tackle some key points that can help you determine if iBex Markets is the right brokerage for you.

Note: Forex trading is a risk that most traders experience and are well known of. Proceed with caution and trade responsibly.

ibex market scam

When determining the brokerage you want to register on, you will be given the choices of different live accounts that brokerage offers from their website.

As you can see from the image above, iBex Markets offers a variety of at least six live accounts that you can choose from and with it comes exclusive features, trading tools and training depending on the live account you prefer.

One setback that we can take here is that their opening balance size is quite large – with the smallest and basic account going for 500 Euros – compared to other brokerages. Nevertheless, despite the large amount, you are guaranteed to receive full exclusive features and maybe bonus offers as well as access to educational programs and one-on-one training and assistance with your very own broker. With this, it also includes an introduction of their website, their services, the trading platform – cTrader introduction, as well as trading advice that you can use.

These accounts are also entrusted with a feature that includes a negative balance protection. This certifies that your money won’t suffer too much loss that what is deposited from your trading account. These accounts also give you the option to receive weekly market analysis and major market alerts that are happening in the financial markets.

ibex market scam

We’ve mentioned that these live accounts offer educational programs and tools to help even first time traders to learn and get an introduction on Forex and CFD trading.

These educational tools can be found on their iBex Academy website page that has various learning resources (e.g. FAQs, Glossary, terminologies, etc.) that are mostly used in the financial industry. This page also includes an introduction to Fundamental and Technical Analysis.

Aside from trading on Forex and CFDs they also offer to trade with cryptocurrencies such as Bitcoin, Litecoin, Ethereum and more. This can all be done with their cTrader trading platform. Crypto Trading with iBex Markets is offered with zero commissions, variable spreads from 0.0 pip and with competitive swap rates. You can trade on the price changes of these digital currencies with the assistance of live quotes and charts. These pairs can be shorted which allows you to profit from either falling and/or rising prices.

From this, it may seem that iBex Markets can be a good brokerage that can help you in the long run towards your financial goals. Given that the starting deposit may seem quite high you can look into more alternative brokers that provide the same basic account features.  If you wish to trade with this broker you can simply visit their website at www.ibexmarkets.com and check to see more of the services and tools they offer.

Before trading, always remember to trade only with the money you can afford to lose. Trading is a risk and should be done responsibly.

Is iBex Markets Scam or Not?

Will iBex Markets Scam your hard earned money?

Should you trade with this broker? Our review will let you know if this brokerage is reliable or just another online scam.

Online brokerage scams are quite popular and occur almost every year that is why we have to take responsibility for ourselves to counter check and establish safety precautions before opening a trade with them.

Things You Should Know About IBex Markets

According to their website, iBex Markets is a Forex and CFD brokerage claiming to be registered in the United Kingdom. They also offer a wide range of trading products and flexible leverage.

ibex markets scam

Is iBex Markets is a Scam, why do they have license?

Safety of our funds is an important thing that we should look out for before making trades or opening accounts with a broker. This ensures the safety of our money and security of our profits. Now, is iBex Markets regulated? Do they have any license?

Their terms and conditions claim that iBex Markets holds a broker license from Dominica under TBC International Markets.When opening an account with them, you have the option to choose between a semi-managed account or on a fully managed account. Education to trading from a broker can only be provided to clients under a few licenses, in which Dominica is one of them.

Legitimate brokers based in the UK have to abide on the strict rules and regulations laid down by the FCA. If iBex Market is a scam, they wouldn’t get the approval for their license.

iBex Markets Trading Platform

Most average traders these days utilize the MetaTrader- which is a widely used trading platform. Unfortunately for iBex Markets, this platform is not supported. Rather than the MT4 or MT5 they make use of the cTrader.

Their cTrader includes features such as Level II pricing, detachable charts, automated trading, charting techniques, extensive back testing facilities and more. Traders also have an access to a full range of liquidity providers which entails traders in receiving the lowest spreads and best prices in the market. cMirror and cAlgo are also present on the platform – this allows traders and brokers to deploy algorithmic trading from their account.

Their cTrader is a good quality platform offered not just web downloads but also for mobile users of Android and iOS – perfect for those always on-the-go or simply wants an easier access to their account.

Conclusion

Making money by trading in Forex or commodities is a good investment for those who wish to start their financial journey in the market. Especially now that we are still in the middle of the pandemic, it is important to create opportunities for people to still earn while keeping safe.

We recommend that you only trade with reputable and reliable brokers. Always do you research and create a financial plan that you can easily execute as trading Forex is a risk.

Doubting if iBex Markets Scam? Check out their live account options, you can simply visit their website at www.ibexmarkets.com or come chat through their LIVE CHAT option.

How is the Customer Service of iBex Markets

Customer Service can either make or break a company by standard. As such most companies do try to make it their mission to provide a high quality service towards their clients – which is one of the sole goals of iBex Markets, one of today’s emerging Forex and CFD brokerages in the world.

Forex Trading includes a lot of investment opportunities as well as risks that most brokers and traders try to study and learn from from their past experiences. That is why it is essential for all to have a close communication and fast connection between broker and traders when it comes to answering basic inquiries and/or important questions that need a detailed explanation.

Here we take a chance to look and examine the customer service and support system iBex Markets currently has.

ibex markets reviews

To give a brief background of iBex Markets, this is a brokerage that offers Forex and CFD trading services as well as provide an innovative platform – cTrader – that consists of financial tools and updated features. They also have an academic program on their website which can be beneficial for first time traders.

As mentioned on their website, iBex Markets follows a Client-Centered Approach. This ensures clients of the highest standard quality of customer and support services once they open an account with them. These accounts also hold an exclusive and unlimited access on various trading platforms and tools, account management and educational programs.

iBex Markets seems to have a team of ready professional brokers that can help and encourage their clients in investing with the use of top trading strategies taking into consideration the client’s preferences and financial needs and capabilities.

This brokerage offers ways to communicate with them with the use of a LIVECHAT option that can be visible once you visit their website. This LIVECHAT feature lets clients interact with iBex Markets support/representative in order to convey inquiries and questions with efficiency.

Other than their LIVECHAT option they also have other mediums and platforms on how you can reach their team better.

ibex markets reviews

As seen on their website, you can send a message on their Contact page as well reach them through the phone numbers listed, support email and even through their official social media platforms like Facebook, Twitter and Instagram. FAQs are also available on their website in case you have questions regarding how to open an account and manage your cTrader platform.

As most company’s customer and support services, they are usually available 24/5 days a week – especially with Forex brokerages as the market is mostly active during workdays.

As such when you decide on a brokerage to trade from, you must also consider the level of assistance this brokerage offers. Trading in the financial market can be difficult and if you’re diving into it without the proper knowledge and support, you may suffer greater losses than necessary.

iBex Markets definitely has an advantage when it comes to accessibility and reach as seen from their website. Not to mention response time is considered amicable (depending on the inquiry you request for)

As much we still recommend you read the following regulations and terms of conditions iBex Markets has before entrusting your funds to this broker or to any brokerage you choose.

Trading is a risk that most experienced traders often lose. You must keep in mind to only trade with the money you can afford to lose. Always trade responsibly.

For more information regarding this website, you can visit them at www.ibexmarkets.com

Ibex Market Review – is IBex Markets Regulated or a Scam?

IBex Markets is a Forex broker offering Forex trading services as well as CFDs via their cTrader Desktop, Mobile and web trading platforms. They also offer trading currencies, indices, cryptocurrencies, CFDs and commodities.

Is it regulated?

IBex Markets seems to have a registered company in the United Kingdom which acts as a local agent, this also might be an approach for a future FCA regulation.

Upon checking Ibex terms and conditions, we can see that IBex holds a broker license from Dominica  under TBC International Markets. When we opened an account with IBex Markets, we received the option to choose between a semi managed account or a fully managed account. Naturally, education from a broker can only be provided to clients under a few licenses, Dominica is one of them.

Advantages of trading with Ibex Markets

Leverage options of up to 1:1000 are also advantages you can only find in a few jurisdictions, IBex Markets seems to offer this as well, but don’t be mistaken, leverage is a powerful tool, yet requires knowledge and experience. Lastly, Ibex Markets offer trading in Cryptocurrencies, which is another advantage that is offered by few jurisdictions only!

Easy Manageable Trading Services

iBex Markets manages to continue to evolve with the times and in an ever-changing, ever-expanding industry of finance. They have continuously refined their services to cater and adhere to the needs of every trader worldwide.

Those points include:

  • An ultra-fast trade execution with no-dealing-desk intervention
  • Aggregation of prices from multiple LPs and access to a deep liquidity pool.
  • Full investment and passion towards technology and research

Ctrader Software for both Desktop and Mobile Users

iBex Markets offers their cTrader to their clients from any other trading platforms. With their cTrader available for both mobile and desktop users, there’s a wide range of how you can manage your trades easily anywhere, anytime.

With this, traders get access to more than 250 financial instruments spanning Forex and CFDs in indices, metals, energy and cryptocurrencies. It is also highly customizable and is renowned for its enhanced order management systems and advanced charting capabilities.

Video Tutorials and Basic Trading Education

(iBex Markets’ Youtube page)

Notably, every platform type has a tutorial video explaining the platform functionality. Ibex Markets does not usually charge trading fees and commissions but gets revenue from the spread of each transaction. You can view their video tutorials on their official Youtube page (@iBexMarkets).

Ibex Markets also showcases their basic educational resources for trading Forex and commodities that is featured in their “iBex Academy Page”. There you can access FAQs, glossaries and even common terms and commodities used in the financial market today.

Conclusion:

Should you decide on trading with IBex Markets, always remember to proceed with caution. Forex trading is not a sure-win and instant profit kind of investment. So one should be aware of the risks and consequences of their every move in the market.

For more information on the website, you can visit their page at www.ibexmarkets.com today.

Forex Broker Review – How Effective is IBex Markets?

As we can see, IBex Markets is another forex and CFD brokerage that plays fast and meticulous in regards to the information and process they use to execute trades.

Here we take an in-depth review at the features and trading platform iBex Markets advertises as well as if this broker is legitimate and regulated. This review also includes aspects of its licensing, account types, and leverage.

Note: Always be careful when deciding on the brokerage you want to deposit your money to trade into. Check valuable resources and reviews before taking the risks.

Now let’s take a look at what iBex Markets is all about.

iBex Markets cTrader Platform

As we can see, iBex Markets offers their cTrader platform that offer assets such as Forex, with leverages of up to 1:100, CFDs, Indices, Stocks, Precious Metals and even popular Cryptocurrencies.

Sad to say this brokerage does not seem to support either MT4 and MT5 trading platform which is widely used by trading professionals. Even so, for beginners, their cTrader platform can be a good starting point when you want to build your financial portfolio.

iBex Markets Account Types

Here we take an in depth exploration of their different trading live accounts offered on their website. This is to let you choose an account type fit for your financial lifestyle and preferences.

Although the starting deposit amount is somewhat high, starting on $500 for basic accounts, this ensures you have access on exclusive offers and features included with your account. This is exceptionally advantageous for beginners since it also includes a one-on-one consultation with your assigned broker.

Now let’s take a look at the different account types iBex Markets has.

ibex markets reviews

For BASIC 500 Euro

  • Basic Financial Market Education
  • 1 month One-on-One Trading Sessions
  • 0.1 pip
  • 1:100 Maximum Leverage
  • Basic Financial Portfolio Structuring

For BRONZE 5,000 Euros

  • Beginner Financial Market Education
  • 2 month One-on-One Trading Sessions
  • 0.1 pip
  • 1:100 Maximum Leverage
  • Basic Financial Portfolio Structuring

For SILVER 25,000 Euros

  • Intermediate Financial Market Education
  • 3 month One-on-One Trading Sessions
  • 0.1 pip
  • 1:200 Maximum Leverage
  • Extensive Financial Portfolio Structuring

For GOLD 50,000 Euros

  • Advanced Financial Market Education
  • 4 month One-on-One Trading Sessions
  • 0.1 pip
  • 1:400 Maximum Leverage
  • Extensive Financial Portfolio Structuring

For PLATINUM 100,000 Euros

  • Expert Financial Market Education
  • Unlimited One-on-One Trading Sessions
  • 0.1 pip
  • 1:500 Maximum Leverage
  • Extensive Financial Portfolio Structuring

For DIAMOND 150,000 Euros

  • Professional Financial Market Education
  • Unlimited One-on-One Trading Sessions
  • 0.1 pip
  • 1:1000 Maximum Leverage
  • Extensive Financial Portfolio Structuring
Is Ibex Markets Licensed?
It is important to take note if the brokerage you are pursuing is licensed and regulated. This will protect you from scammers and potential external risk you might encounter when you start trading.

Upon checking Ibex terms and conditions, we can see that Ibex holds a broker license from Dominica under TBC International Markets. When opening an account with IBex Markets, you’ll receive the option to choose between a semi managed account or a fully managed account. Naturally, education from a broker can only be provided to clients under a few licenses, Dominica is one of them.

Leverage options of up to 1:1000 are also advantages you can only find in a few jurisdictions, IBex Markets seem to offer this as well as leverage is a powerful tool, yet requires knowledge and experience.

Lastly, IBex Markets offer trading in Cryptocurrencies, which is another advantage that is offered by few jurisdictions only!

IBex Markets seems to have a registered company in the United Kingdom which acts as a local agent, this also might be an approach for a future FCA regulation

Conclusion

In fact-checking this broker, we found that many of its claims may either be unverifiable. If you wish to discuss further you can send a message on their LIVE CHAT which seems to be responsive 24/7 for inquiries.

Please always note that trading is a risk and should not be taken lightly. Losses are a common thing that affects even professional traders and brokers worldwide. You should only be able to trade what you’re willing to lose.

For more information regarding this broker, you can visit their website at www.ibexmarkets.com