Let’s check if iBex Markets is really a scam or not

iBex Markets is another emerging Forex and CFD brokerage based in the UK. With this review we take in some key information regarding this broker and the features it advertises online. We will also be discussing whether they are licensed and regulated, their account types and leverages they offer.

Note: Forex trading is a risk itself. You should always be mindful and careful when deciding on the brokerage and broker you wish to trade with. Research sources and reviews for their credibility.

iBex Markets cTrader Platform

Although this brokerage does not seem to support MT4 or MT5, iBex Markets’ offer their clients a trading platform – iBex Markets’ cTrader. This offers assets for Forex with leverages of up to 1:100, CFDs, Indices, Stocks, Precious Metals and even popular cryptocurrencies such as Bitcoin. This platform can be helpful for traders who wish to build and start their financial portfolio.

iBex Markets Account Types

Now we take a look at the various  trading live accounts iBex Markets has and see if you are interested with your current financial status and preferences. As we can see from their Basic account, the lowest deposit balance is somewhat in the higher range starting at 500 Euro. This includes exclusive offers and features like one-on-one trading seminars and assistance with your broker, access to educational resources, and more. This can be advantageous for traders who are starting and want to expand their trading portfolio.

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?

In order to be protected from potential scammers and more  risk of losing your profits from sketchy brokerages, you have to note the importance and awareness if the brokerage you are pursuing is licensed and regulated.

According to their Terms and Conditions, iBex Markets is deemed to hold a broker license from Dominica under TBC International Markets. Education to trading from your broker can only be provided to clients under a few licenses, which includes Dominica. They also claim that they have a registered company in the UK which acts as a local agent and might be approached for a future FCA regulation.

For their leverages, they offer options of up to 1:1000 which can be advantageous as long as you acquire the basic knowledge and experience. This powerful tool is offered by iBex  and can be found in a few jurisdictions. iBex Markets also offers trading in cryptocurrencies.

Conclusion

When fact-checking this broker, we may have found that a few of their claims may be unverifiable. If you wish to know more about them you can send a message through their LIVE CHAT which is responsive 24/7. Trading is a risk and should not be taken lightly. Losses are a common occurrence that affects even professional brokers and traders worldwide.

Only trade with the many money you are prepared to lose.

Still doubting if iBex Markets is a Scam? You can visit their website at www.ibexmarkets.com