CBF

Current Rating

1.11

Industry Tier

E

Profile

Country

New Zealand

Market Categories

Forex

Organization Categories

Broker

Services

Foreign exchange, precious metals, contracts for difference, futures.

Supported Languages

Simplified Chinese, English, Vietnamese

Domain Registration

2022-09-20

Status

Suspected Fraud

CBF is a company established on September 20, 2022, specializing in providing Forex, precious metals, contract for difference (CFD), and futures trading services. To cater to the language needs of different customers, CBF supports Simplified Chinese, English, and Vietnamese. For detailed information and service introductions about the company, you can visit the official website: CBF Official Website.

Corporate Background and Regulatory Information:

CBF's official website does not provide information about the company's registered address or registration details. When trying to learn about the company through its online customer service, the representative claimed that CBF is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). However, further verification and investigation showed that this information is not true. This lack of transparency is uncommon in the financial services industry, where legitimate financial institutions usually publicly disclose their registration and regulatory information on their official websites. These details are essential for enhancing customer trust and ensuring transaction safety. Therefore, CBF's failure to provide this basic information may indicate certain operational risks, and customers should consider carefully when choosing to use its services. When dealing with financial investments and transactions, it is advisable for customers to prioritize those companies that are transparent and have a clear regulatory record to ensure the safety of their funds and the protection of their rights.

Opening an Account:

To open a real account with CBF, first visit the official website homepage. On the homepage, users can find and click on the option for a "REAL ACCOUNT." Then, follow the on-screen instructions to fill in the necessary basic information, such as name, contact information, and email. After completing these steps, you can successfully register for a real account.

In addition, CBF also provides a demo account service, which is a good option for beginners or those who wish to test strategies before actual investment. With a demo account, users can experience the platform's features and trading processes without any real financial risk, thus getting a better understanding of the trading market's operation.

However, it should be noted that despite the seemingly straightforward account opening process, users should still do thorough research and consider carefully before registering and making investment decisions. Given that CBF has not provided a registered address and detailed registration information on its official website, and the authenticity of its claimed regulation is questionable, potential customers should remain cautious when choosing to use its services. It is recommended to verify the platform's legitimacy and credibility before making any investment decisions to ensure the safety of funds.

Account Types:

CBF's official website does not provide specific information about account types. This lack of detailed introduction could be a significant issue for potential customers, as understanding the different account types and their features is very important for investors to choose the most suitable account type for their needs. The absence of this basic information on CBF's official website might increase the uncertainty and risks for potential customers when choosing. In the field of financial investment, transparency and sufficient information disclosure are very important, especially when choosing the right trading platform and account types.

Trading Products:

CBF offers a variety of trading products that cover different market segments, including:

Forex Trading: CBF provides trading for a range of currency pairs in the Forex market. These include major currency pairs such as Euro to US Dollar (EURUSD), Australian Dollar to US Dollar (AUDUSD), US Dollar to Japanese Yen (USDJPY), British Pound to US Dollar (GBPUSD), and New Zealand Dollar to US Dollar (NZDUSD). These are some of the most active and popular currency pairs on the international Forex market, involving the currencies of the world's major economies.

Precious Metals Trading: Although CBF offers precious metals trading, it is not clearly stated on the website which metals (like gold, silver, etc.) are involved.

Contract For Difference (CFD) Trading: CBF appears to also offer contract for difference trading, but no detailed introduction is provided on the website about the specific types of assets (like stocks, indices, commodities, etc.) included.

Futures Trading: For futures trading, CBF does not provide specific futures product information on its website.

Overall, CBF offers a range of trading products but lacks detailed information about certain product categories (such as precious metals, CFDs, and futures) on its official website. This could inconvenience potential investors who wish to learn more about and utilize these markets. When selecting trading products and services, understanding the specific products offered by the provider is very important, so investors are advised to consult CBF directly or look for other more transparent and detailed sources of information before making any trading decisions.

Trading Platform:

The trading platform used by CBF is the widely popular MT4 (MetaTrader 4). MT4 is known for its user-friendly interface, powerful trading capabilities, and flexible customization options. It offers advanced charting tools, supports automated trading strategies, allows for extensive user customization, and has mobile trading capabilities and advanced security measures. Although MT4 is a powerful platform, given CBF's deficiency in other areas such as information transparency, users should carefully assess the risks when choosing to use its services.

Deposit and Withdrawal Information:

Regarding CBF's deposit and withdrawal information, it is worth noting that its official website does not provide these details. Such a lack of information is uncommon in the financial services industry, as a transparent deposit and withdrawal policy and procedures are crucial for establishing customer trust.

Summary:

Overall, CBF shows significant deficiencies in the transparency and disclosure of key information. Despite offering Forex, precious metals, CFDs, and futures trading services, the company lacks clear information on its registration, regulatory status, types of accounts, and deposit and withdrawal policies on its official website. Especially concerning is the false regulatory claim and the lack of detailed deposit information, which are unusual in the financial service sector and may suggest operational risks. Therefore, before using CBF's services, potential customers should carefully evaluate and verify its legality and credibility to avoid potential risks. Currently, CBF is marked as "Suspected Fraud" on Traderknows.

References

Profile

CBF is a company established on September 20, 2022, specializing in providing Forex, precious metals, contract for difference (CFD), and futures trading services. To cater to the language needs of different customers, CBF supports Simplified Chinese, English, and Vietnamese. For detailed information and service introductions about the company, you can visit the official website: CBF Official Website.

Corporate Background and Regulatory Information:

CBF's official website does not provide information about the company's registered address or registration details. When trying to learn about the company through its online customer service, the representative claimed that CBF is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). However, further verification and investigation showed that this information is not true. This lack of transparency is uncommon in the financial services industry, where legitimate financial institutions usually publicly disclose their registration and regulatory information on their official websites. These details are essential for enhancing customer trust and ensuring transaction safety. Therefore, CBF's failure to provide this basic information may indicate certain operational risks, and customers should consider carefully when choosing to use its services. When dealing with financial investments and transactions, it is advisable for customers to prioritize those companies that are transparent and have a clear regulatory record to ensure the safety of their funds and the protection of their rights.

Opening an Account:

To open a real account with CBF, first visit the official website homepage. On the homepage, users can find and click on the option for a "REAL ACCOUNT." Then, follow the on-screen instructions to fill in the necessary basic information, such as name, contact information, and email. After completing these steps, you can successfully register for a real account.

In addition, CBF also provides a demo account service, which is a good option for beginners or those who wish to test strategies before actual investment. With a demo account, users can experience the platform's features and trading processes without any real financial risk, thus getting a better understanding of the trading market's operation.

However, it should be noted that despite the seemingly straightforward account opening process, users should still do thorough research and consider carefully before registering and making investment decisions. Given that CBF has not provided a registered address and detailed registration information on its official website, and the authenticity of its claimed regulation is questionable, potential customers should remain cautious when choosing to use its services. It is recommended to verify the platform's legitimacy and credibility before making any investment decisions to ensure the safety of funds.

Account Types:

CBF's official website does not provide specific information about account types. This lack of detailed introduction could be a significant issue for potential customers, as understanding the different account types and their features is very important for investors to choose the most suitable account type for their needs. The absence of this basic information on CBF's official website might increase the uncertainty and risks for potential customers when choosing. In the field of financial investment, transparency and sufficient information disclosure are very important, especially when choosing the right trading platform and account types.

Trading Products:

CBF offers a variety of trading products that cover different market segments, including:

Forex Trading: CBF provides trading for a range of currency pairs in the Forex market. These include major currency pairs such as Euro to US Dollar (EURUSD), Australian Dollar to US Dollar (AUDUSD), US Dollar to Japanese Yen (USDJPY), British Pound to US Dollar (GBPUSD), and New Zealand Dollar to US Dollar (NZDUSD). These are some of the most active and popular currency pairs on the international Forex market, involving the currencies of the world's major economies.

Precious Metals Trading: Although CBF offers precious metals trading, it is not clearly stated on the website which metals (like gold, silver, etc.) are involved.

Contract For Difference (CFD) Trading: CBF appears to also offer contract for difference trading, but no detailed introduction is provided on the website about the specific types of assets (like stocks, indices, commodities, etc.) included.

Futures Trading: For futures trading, CBF does not provide specific futures product information on its website.

Overall, CBF offers a range of trading products but lacks detailed information about certain product categories (such as precious metals, CFDs, and futures) on its official website. This could inconvenience potential investors who wish to learn more about and utilize these markets. When selecting trading products and services, understanding the specific products offered by the provider is very important, so investors are advised to consult CBF directly or look for other more transparent and detailed sources of information before making any trading decisions.

Trading Platform:

The trading platform used by CBF is the widely popular MT4 (MetaTrader 4). MT4 is known for its user-friendly interface, powerful trading capabilities, and flexible customization options. It offers advanced charting tools, supports automated trading strategies, allows for extensive user customization, and has mobile trading capabilities and advanced security measures. Although MT4 is a powerful platform, given CBF's deficiency in other areas such as information transparency, users should carefully assess the risks when choosing to use its services.

Deposit and Withdrawal Information:

Regarding CBF's deposit and withdrawal information, it is worth noting that its official website does not provide these details. Such a lack of information is uncommon in the financial services industry, as a transparent deposit and withdrawal policy and procedures are crucial for establishing customer trust.

Summary:

Overall, CBF shows significant deficiencies in the transparency and disclosure of key information. Despite offering Forex, precious metals, CFDs, and futures trading services, the company lacks clear information on its registration, regulatory status, types of accounts, and deposit and withdrawal policies on its official website. Especially concerning is the false regulatory claim and the lack of detailed deposit information, which are unusual in the financial service sector and may suggest operational risks. Therefore, before using CBF's services, potential customers should carefully evaluate and verify its legality and credibility to avoid potential risks. Currently, CBF is marked as "Suspected Fraud" on Traderknows.

References