CBCX: Is This Broker Safe?
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Written by : Robert J. Williams Robert J. Williams Reviewed by: Sikirty Chatterjee Sikirty Chatterjee Published Date: November 13, 2025 Categories:
Forex Brokers

CBCX: Is This Broker Safe?

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3/10 (Expert Score)
This score is provisional. The full broker review is still in progress.
Product is rated as #61

CBCX Overview & Company Background

CBCX: Is This Broker Safe?

CBCX is a globally regulated forex broker offering access to over 500 trading instruments, fast order execution with average spreads as low as 0.20 pips, and robust support for both algorithmic and manual traders via MT4/MT5. With headquarters in London and regulation by the FSCA (South Africa) and FSC (Mauritius), CBCX aims to deliver secure, multilingual service for retail and institutional clients.

📋 Broker Overview
Broker Name
CBCX
Year Established
—
Headquarters
1st Floor Cradock Square offices, 169 Oxford Road, Johannesburg
Regulation
FSCA (South Africa)
Countries Supported
—
🏦 Account Details
Account Types
Brokerage Margin, Direct Trading, Demo
Minimum Deposit
—
Max Leverage
—
Negative Balance Protection
—
💻 Trading Platforms & Assets
Trading Platforms
FIX API, XCORE, WEB GUI
Mobile App
Yes
Assets Available
Major FX pairs
💳 Deposits & Withdrawals
Deposit Methods
—
Deposit Fees
—
Withdrawal Methods
—
Withdrawal Fees
—
💰 Costs
Average Spread
0.2
Commission
Spread only
🎧 Customer Support
Support Channels
Phone, Email
Support Hours
—

Pros & Cons Analysis

PROS
  • Regulated across South Africa (FSCA) and Mauritius (FSC).
  • Super-fast average order execution of 448 ms.
  • Supports automated trading with MetaTrader 4 & MetaTrader 5.
  • Over 500 tradable assets including major FX pairs.
  • Multilingual customer support serving English, Arabic, Chinese & more.
CONS
  • Staged withdrawals require a $100 verification fee.
  • Withdrawal processes include activity requirements before release.
  • Mobile app functionality may be discontinued or unavailable.
  • Asset details on commodities/indices are not comprehensively disclosed publicly.
  • Not accessible for users from US, Belgium, Israel, Iran or North Korea.

Frequently Asked Questions

Is CBCX safe to use?


Yes. CBCX is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Mauritius Financial Services Commission (FSC). Users should always verify the latest license status directly through official regulatory websites before depositing funds.

What trading platforms does CBCX support?


CBCX provides FIX API, XCORE, and WEB GUI interfaces, along with integration for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms support advanced charting tools and Expert Advisors for automated trading strategies.

Which markets are available at CBCX?


CBCX offers access to forex pairs, precious metals, commodities, indices, and CFDs—covering more than 500 instruments. Specific contract details should be confirmed prior to trading.

Does CBCX offer demo accounts?


Yes. CBCX provides a “TRY DEMO ACCOUNT” option that lets users explore trading conditions and platform features risk-free before committing to a live account.

How transparent are CBCX’s fees?


CBCX uses a spread-only pricing model with spreads starting from approximately 0.20 pips. No fixed commissions are listed, though standard bank processing charges may apply. Withdrawals require a $100 verification/reactivation fee as per policy terms.

Does CBCX provide multilingual customer support?


Yes. Customer support is available in multiple languages including English, Arabic, Chinese, Bahasa Indonesia, and Vietnamese. Assistance is offered via phone, email, and the website’s chat form.

Are there any country restrictions at CBCX?


Yes. CBCX does not accept clients from the United States, Belgium, Israel, Iran, or North Korea due to compliance restrictions.

Is mobile trading supported by CBCX?


Mobile apps were previously provided for Android and iOS. Due to policy updates after April, users should confirm current mobile app availability directly on the CBCX website.

What unique features stand out when using MT4/MT5 with CBCX?


MT4/MT5 users gain full EA (Expert Advisor) compatibility for automated strategies, supported by CBCX’s fast infrastructure delivering transaction speeds averaging under half a second.


About Author

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Robert J. Williams

Robert J. Williams, an MBA graduate from the University of Southern California with a significant background in finance. Extensive professional experience with top investment firms such as Balt Investment and Globe Investments, enhancing venture capital portfolios and developing sophisticated investment strategies. Contributing expert at PipPenguin, where he simplifies complex financial topics and online brokers for a broad audience, empowering them with the knowledge to succeed in trading.
Our Methodology
At BrokerInspect, we base our broker reviews on verified data from each broker's official website, supplemented by public regulatory disclosures. Using a structured scoring system, we evaluate key aspects like regulation, fees, platforms, and customer support. Each metric is individually rated and contributes to a broker's final score, which is reviewed by our editorial team. Reviews are regularly updated to ensure accuracy, transparency, and relevance.
Disclaimer
The information provided in this broker review is for educational and informational purposes only and does not constitute financial advice. Trading financial instruments involves substantial risk and may not be suitable for all investors. Readers should conduct their own research and consult with a licensed financial advisor before making investment decisions.

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Disclaimer: Trading forex, CFDs, cryptocurrencies, and other derivatives involves substantial risk and is not suitable for all investors. Leverage can amplify both gains and losses. Market volatility, system failures, and third-party service risks can result in significant financial loss. Past performance does not guarantee future results. This content is for informational purposes only and does not constitute investment advice. Seek professional guidance before making any financial decisions. For a full overview of associated risks and our disclaimers, click here.

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