CyberFX Review (2020)

Cyber FX Brokers Logo

CyberFX is an unlicensed Foreign currency trading Forex Broker in South Africa, that opened in August 2018.

Cyber-FX is formally owned by CyberFX PTY LTD, which is situated at: Enterprise Alternate 38,150 Rivonia Street, Morningside, South Africa. Important contact cellphone quantity in SA is; +27 (0)11 589 9047. Buyer assist e-mail tackle is: [email protected], and the official web site is at: https://www.Cyber-FX.com/.

For Forex Broker complaints or issues with withdrawals, learn this.

CyberFX Critiques

Foreign exchange Traders and Day Merchants on the Forex Broker Cyber FX, can use the usual MetaTrader four Desktop, Pill or Cellular buying and selling platforms. Their listing of accessible underlying belongings for buying and selling is formally over 300 belongings.

CyberFX has CFD buying and selling on Foreign exchange / Forex pairs, Gold, Oil, Particular person Shares, Inventory Market Indexes and Crypto Currencies. Within the demo model we might solely see traditional Foreign exchange pairs.

Minimal deposit begins at $100, relying in your account kind. Spreads and margin varies relying on account sorts and time of day. As an area firm in South Africa, you’ll be able to fund your buying and selling account with an EFT to FirstRand or ABSA. On-line transfers could be made by way of: MyGate, iPay and Zapper.

You will note that bonus cash in supplied to new traders. It is very important learn the phrases and situations earlier than accepting a bonus in your account.

Cyber FX Official Broker Review

Copy Buying and selling & Alerts

Any on-line Forex Broker that makes use of the MT4 buying and selling platform, has the choice of including on a free Knowledgeable Advisor plugin. At Cyber FX, they provide shoppers copy buying and selling from their inside shoppers. Cyber Alerts is a paid service, which prices R1,000 a month. It says that you’re going to get 2 indicators per week making certain 300 pips, however that doesn’t sound believable.

Evaluate that with another automated buying and selling robots, see right here.

CyberFX License & Regulation

When the Rip-off Broker Investigator opinions a Forex Broker, we verify if they’re reputable or a possible scam by verifying that they’ve a license to function. The very best Foreign exchange Forex Brokers are legally registered and authorised by FCA in United Kingdom or FSB in South Africa. A licensed on-line Forex Broker, gives their traders added safety and security of their funds.

CyberFX isn’t a licensed Forex Broker.

Skilled merchants and traders perceive the significance of solely buying and selling with a licensed and controlled Foreign exchange Forex Broker.

Best Forex Brokers

Evaluate The Finest Brokers

You’ve got many licensed Forex Brokers to check and select from on-line. Begin by studying the opinions of Prime Rated Foreign exchange Forex Brokers right here.

ForTrade is the quickest rising CFD Forex Broker in 2019. They’re a legit Forex Broker that’s licensed in Australia and England, see right here.

Register a Free Demo Account, on their superior buying and selling platform, signup right here.

 

If you’re at present investing with this Forex Broker, Please share your expertise within the feedback part beneath.

COMMENTS

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  • comment-avatar
    Lucy Madison 2 months ago

    Please everyone should be careful and stop being deceived by all these brokers and account managers, they scammed me over $50,000 of my investment capital, they kept on requesting for extra funds before a withdrawal request can be accepted and processed, in the end, I lost all my money. All efforts to reach out to their customer support desk had declined, I found it very hard to move on. God so kind I followed a broadcast that teaches on how scammed victims can recover their fund, I contacted the email provided for consultation, [email protected] and I got feedback after 48hours and I was asked to provide all legal details concerning my investment, I did exactly what they instructed me to do without delay, to my greatest surprise I was able to recover my money back including my profit which my capital generated. I said I will not hold this to myself but share it to the public so that all scammed victims can get their funds back. I expose this broker as much as I can, so I can help other victims or intending victims out there, kindly contact him and he will guild you on step how to recovery all your funds within 7 working day. Do not trust them! Beware of Scammers!!