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

Ibex Markets Reviews – Whats The Advantage trading with them?

Advantages of Trading with Ibex Markets

iBex Markets is a Forex and CFD broker offering a variety of live account types and multiple assets to trade from their cTrader platform. If you’re thinking about opening a live account with iBex Markets, be sure to read this.

ibex markets reviews

iBex Markets regulation

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.

We checked iBex Markets’  terms and conditions, and we’ve seen 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.

Their leverage is up to 1:1000

Having a higher leverage definitely helps traders score a higher profit. But nevertheless you should keep in mind that a higher leverage also equals a higher risk of losing funds faster. Professional traders and brokers are well aware of the risk and seldom trade with a leverage exceeding of 1:100.

The basic and bronze accounts have a leverage of 1:100, which you can start on as a beginner. Their silver account is 1:200, while their Gold Account is about 1:400 and lastly their Platinum is around 1:500.

They have competitive spreads

iBex Markets mentions in their website that their spreads can start at 0.1 pip with all account types, which is promising. Upon testing on this, we tried to make a demo account. We chose the EUR/USD spread which started at about 0.2 pip – which is almost close and we’ve noticed that there were no commissions taken on the trade.

Trade Bitcoin and Pay Bitcoin

Since the popularity of this digital coin,it is definitely advantageous for a trader if their brokerage offers this digital currency. Bex Markets let their crypto traders deposit and/or withdraw funds using credit or debit cards like MasterCard, Visa, e-wallets like EPAY and Paypal, bank wire and even with Bitcoin.

 Choose from a variety of crypto currencies

Since opening a demo account, we’ve encountered a good variety of crypto CFDs including Bitcoin and other coins like Litecoin, Ethereum, Ripple, Bitcoin and Dash. This brokerage also offers an option of a special crypto currency account with a minimum deposit of 500 USD.

iBex Markets’ Disadvantages

A huge minimum deposit for basic live account

When opening an account with iBex Markets, you have to invest at about 500 EUR, which is a bit too much as most Forex and CFD brokerages can offer a starting account with a few hundred dollars or less. This can be a bit of an disadvantage for starting traders who have a specific budget.

Support for other Trading Platforms

Although iBex Markets offer the cTrader platform – which is a well-known and highly renowned trading platform, suitable for even for beginner or experienced traders, there are some traders that prefer other platforms like MetaTrader4.

Still, trading with a cTrader platform is quite a good stepping stone since it supports automated trading and has a variety of in-build market indicators. Not to mention, it’s available for iOS and Android users, who are typically on the go.

Conclusion

Trading with iBex Markets can be an excellent trading brokerage for people who have a general knowledge of Forex trading. Nevertheless it is always important to read and understand any brokerage you are planning to open an account to.

Practice risk management and trade responsibly. For more information regarding the website, you can visit them at www.ibexmarkets.com

Is iBex Markets a good broker to start an account?

IBex Markets seems to be a Forex broker offering Forex trading services and to other assets such as Indices, Cryptocurrencies, CFDs and other commodities. This company appears to be registered in the United Kingdom which acts as a local agent and might be approached for a future FCA regulation.

ibex markets reviews

This broker appears to hold a broker license from Dominica under TBC International Markets. You can check out more of this information on their Terms and Conditions found on their website. We always recommend you to review legal information regarding your chosen broker before opening a trading account.

When it comes to their leverages, they offer up to 1:1000 which is available on their Diamond Account. You may think this may be a bit high but the advantage of securing a high leverage is that it helps you to score higher profits with relatively small deposits. But also keep in mind that the higher your leverage the higher the risk you might lose your funds faster if not managed properly. They also offer 1:100 for Basic Accounts which you can start with if you’re planning to open an account with iBex Markets. It has almost the same exclusive offers and features you can get from other accounts minus other perks of course.

IBex Markets also hold a competitive spread that starts from 0.1 pip for all their account types which also includes that no commissions on your trade will ever be taken. Still you can try and compare other brokers that offer the same tight spreads for a better understanding of what you want.

iBex Markets also holds a variety of  cryptocurrency CFDs to choose from which includes Litecoin, Bitcoin, Ethereum, Ripple, and Dash. This broker has an option of a special crypto currency account with a minimum of 500 USD deposit.

Conclusion

With competitive spreads, and a wide array of trading accounts as well as for Crypto, you can definitely try and sign up a demo account with iBex Markets. We always advise our traders to proceed with caution and to carefully read information this broker provides on their website.

Should you trade with iBex Markets? In-depth Review

What you should know about iBex Markets

iBex Markets is a regulated Forex and CFD broker, providing financial services to traders in almost 100 countries.

iBex Markets offers direct STP access to international currency markets on the powerful cTrader platforms with instant order execution.

Accounts start from 500 Euros and provide wide ranging opportunities, including extensive cryptocurrency trading, automated trading with robots and mirror trading. Interestingly, iBex Markets also accepts deposits in Bitcoin and sells the Bitcoin digital currency to registered customers.

Is IBex Markets 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.

When checking iBex Markets’  terms and conditions, you can see that IBex holds a broker license from Dominica  under TBC International Markets.

Account Features and Prices

The six live trading accounts at iBex Markets are designed for different types of traders, and operate in a true ECN marketplace. Based on the size of the opening balance available – as mentioned on their webpage, these live accounts provide more exclusive access to tools, information and resources.

When you do sign up for iBex Markets, all live account holders are assigned an account manager and are eligible to receive a one-on-on introduction to iBex Markets’ trading platform and the tutorial videos. All trading accounts feature negative balance protection. This helps ensure that traders won’t lose more money than is deposited in their trading accounts. 24/5 support and a trading suite seminar are available to all 31FX customers irrespective of account type.

Trading Softwares and Platforms

As mentioned on their webpage of trading platforms, traders can have an access to more than 250 financial instruments spanning Forex and CFDs in indices, metals, energy and cryptocurrencies. Not only that but their cTrader platform suite is widely-known for its enhanced order management systems and advanced charting capabilities.

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.

Client-Centric Approach

iBex Markets boasts to provide excellence in the area of client service and compliance through steadfast commitment to high quality customer service and support while continuously improving on their  Forex and CFD trading operations.

They manage 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

So if you’re thinking of trading with iBex Markets, you can simply visit their website at www.ibexmarkets.com to know more. Please do note to be wary of the risks that trading can bring.

You should only trade the amount you are willing to lose as almost 80% of traders are at risk to lose despite having a trusted broker.

Reviewing iBex Markets’ cTrader Platform

Most traders these days make use of the Meta Trader as it is a widely used trading platform by mainstream traders. In this review, we take a look at iBex Markets’ trading platform – cTrader – and why it is recommended by iBex traders themselves.

The cTrader platform has always been very unique and quite the versatile trading platform that’s been used by beginners and professionals alike. iBex Markets seems to vow the great quality this trading platform provides as it is offered not just for web downloads but also for mobile users who wish to keep track of their trades while on-the-go. cMirror and cAlgo seems to also be included on the application which allows traders to deploy algorithmic trading from their account.

iBex Markets’ cTrader offers a unique and friendly-interface that is both easy to use and customizable according to different presets and detachable charts. It also incorporates an very enhanced charting ability and order management system that allows traders an efficient management of their positions in a volatile market movement.

Traders can also have full access to a full range of liquidity from its providers – which then guarantees traders in receiving the lowest spreads and the best prices in the market.

Some other features include: Level II pricing, Detachable Charts, Automated trading, Charting Techniques, Extensive Back Testing Facilities, and more.

iBex Markets’ cTrader Mobile Version

Their cTrader is available for both Android and iOS mobile users and can be downloaded from their respective Online Play Store. This is extremely helpful for traders who have a busy lifestyle. They’ll be able to receive push notifications on any market event as well as emails that contain the latest market updates in the financial market.

Just by logging in to your account, you’re able to access a complete range of Order Types, advanced Technical Analysis tools, Price Alerts, Trade Statistics, Advanced Order Management Settings, Symbol Watchlists and a variety of settings to customize the platform according to your preferences.

If you wish to know more about this product and services you can check out more details from their website here at https://ibexmarkets.com/trading-platform/

Conclusion

cTrader trading platform has always been a reliable and useful platform for professional traders and friendly towards beginners. So you can be rest assured that this platform can perform well and easily execute the trades you perform.

We highly recommend that you proceed with caution before trading, as most traders experience losses most of the time. You should only trade with the money you are willing to lose.