Introduction
ColibriTrader is an online broker that provides access to the global financial markets. It offers a wide range of trading instruments and platforms for its clients. The company is headquartered in Estonia and is regulated by the Financial Supervisory Authority (FSA). ColibriTrader has been in business since 2016 and has gained a good reputation in the industry. The broker offers various types of accounts, including ECN, STP, Crypto, and Swap-Free accounts. It also offers a variety of tradable assets, including Forex, Indices, Stocks, Metals, Energies, and Cryptocurrencies. In this review, we will take a look at the regulation of ColibriTrader, the platforms offered by the broker, the account types available, the tradable assets offered, and the pros and cons of using the broker.
About ColibriTrader
Colibri Trader is an online CFD and Forex broker that offers its clients the ability to trade a wide range of financial instruments on the MetaTrader 4 and WebTrader platforms. The company is headquartered in Limassol, Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC).
The broker offers its clients a selection of over 100 forex pairs, as well as CFDs on indices, metals, energies and cryptocurrencies. Colibri Trader also provides access to the global equity markets with shares from major exchanges such as the NYSE, NASDAQ and London Stock Exchange.
The minimum deposit required to open an account with Colibri Trader is $500, which is relatively low when compared to other brokers. However, it should be noted that the maximum leverage offered by the broker is 1:30, which is relatively low when compared to other brokers that offer higher levels of leverage.
One of the main advantages of trading with Colibri Trader is that they offer negative balance protection to their clients, which means that you will never lose more than your initial investment. The company also has a very good customer support team that is available 24/5 via live chat, email or telephone.
Regulations
The first thing we need to discuss when it comes to ColibriTrader.com is their regulation. The website is owned and operated by Goldfinger Investments Ltd, a company registered in the Seychelles. The site is not regulated by any financial authority, which means that there is no protection for traders if something goes wrong.
The company does seem to have a good reputation online, with most people saying that they are happy with the service. There are a few complaints, but nothing major. Overall, it seems that ColibriTrader is a reliable broker.
Now let’s take a look at the trading platforms and instruments offered by ColibriTrader.com. The broker offers two different platforms: MetaTrader 4 (MT4) and WebTrader. MT4 is the most popular trading platform in the world and is available on PC, Mac, and mobile devices. WebTrader is a web-based platform that can be accessed from any internet browser.
Both platforms offer a variety of assets to trade including forex pairs, stocks, indices, commodities, and cryptocurrencies. The spreads on ColibriTrader’s MT4 platform start at 0.0 pips for major forex pairs like EUR/USD and go up to 1 pip for exotic currency pairs like USD/SEK. The spreads on WebTrader start at 1 pip for all assets except cryptocurrency CFDs which have a spread of 2%.
Trading Platforms and instruments
ColibriTrader.com is a regulated broker offering a variety of trading platforms and instruments to its clients. The broker is licensed by the Cyprus Securities and Exchange Commission (CySEC) and offers its services to clients from all over the world.
ColibriTrader.com offers the MetaTrader4 (MT4) trading platform, which is one of the most popular platforms among retail traders. The broker also offers the Webtrader platform for those who prefer to trade online without installing any software. In addition, ColibriTrader.com also provides mobile trading apps for iOS and Android devices.
The broker offers a wide range of tradable instruments, including major, minor and exotic currency pairs, precious metals, energies and equity indices. All of these instruments are available for trading on the MT4 platform.
Pros:
– Regulated by CySEC
– Offers multiple trading platforms
– Wide range of tradable instruments
– Competitive spreads
Pros and Cons
The ColibriTrader.com website is a forex trading platform that provides its users with access to the foreign exchange market. The company is based in the United Kingdom and is regulated by the Financial Conduct Authority (FCA). The website offers two types of accounts, a standard account and a VIP account. The standard account requires a minimum deposit of $250 and gives users access to the ColibriTrader web-based platform, mobile apps, and customer support. The VIP account requires a minimum deposit of $10,000 and gives users access to the MetaTrader 4 platform, customer support, and exclusive market research.
The ColibriTrader website offers a variety of features and benefits for its users. Some of the pros of using ColibriTrader include:
-Access to the foreign exchange market: Users of ColibriTrader have access to the foreign exchange market 24 hours a day, 5 days a week. This allows them to take advantage of opportunities in the market as they arise.
-A variety of account types: As mentioned above, ColibriTrader offers both standard and VIP accounts. This allows users to choose an account type that best suits their needs and budget.
-MetaTrader 4 platform: The VIP account gives users access to the MetaTrader 4 platform. This is a well-known and respected trading platform that is used by many professional traders around the world.
-Customer
Conclusion
Overall, ColibriTrader is a reliable broker that offers a great trading experience. The regulation by the top-tier financial authorities provides good coverage for clients’ funds. A wide range of tradable assets, advanced trading platforms and useful tools make it a good choice for both beginner and experienced traders. The only notable downside is the lack of customer support services.