Forex Broker Review – How Effective is IBex Markets?

ibex markets reviews

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