No sign that CBFX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.

Severe risk

Scam Risk Scoremonitored · 2026-07-28

Lower riskHigher risk

Listed as “Clone Firm” in industry watchdog records
Identified as a clone / impersonator firm
No verifiable website or social-media presence

How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

Factor	Score	Weight
Regulation & licensing	97	35%
Company age	22	15%
Clone / impersonation	100	12%
Withdrawal & exposure complaints	0	12%
Offshore registration	10	8%
Transparency (site/info/social)	75	10%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company

Legal nameCBFX Global Options Group Ltd

Headquarters🇨🇾 Cyprus

Founded2019-09-16

Years operating5-10 years

Employees0

Official websitecbfxglobaloptions.com

Trading conditions

Avg execution speed0 ms

Avg slippage0

Swap rating—

Trading cost rating—

Monitored traders0

Monitored orders0

Funding & instruments

Deposit methods—

Withdrawal methods—

Instruments—

Regulation & licenses · 1

Regulator	License type	License No.	Region	Status
CYSEC	Derivatives Trading License (MM)	150/11	Cyprus	—

Review analysis AI

CBFX presents a high-risk profile with a severe scam risk score of 85/100. The broker's regulatory claims remain unverified, and no independent web information is available to corroborate its operations. Given these factors, FXCanary strongly advises against any trading activity with this broker until clear, independently confirmed details are provided.

Not for

All traders due to severe scam risk and lack of verifiable information

Period:

Real user reviews

Where CBFX operates

Based on its licenses and complaint records.

🇨🇾 Cyprus Licensed

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

CMTrading

Cyprus · TP 4

Guarded ⇄ Compare with CBFX

Cyprus · TP 2.3

Guarded ⇄ Compare with CBFX

Exness

Cyprus · TP 4.7

Low risk ⇄ Compare with CBFX

MultiBank Group

Cyprus · TP 4.3

Low risk ⇄ Compare with CBFX

What CBFX says about itself as stated by the broker · not independently verified by FXCanary

Overview

According to its official website and company materials, CBFX Global Options Group Ltd presents itself as a broker based in Cyprus, licensed by the Cyprus Securities and Exchange Commission (CySEC) and also authorised by the Financial Conduct Authority (FCA) in the United Kingdom and BaFin in Germany. The company states that it provides trading services in forex, commodities, indices, and other derivatives.

Regulatory Status

The broker claims to hold a CySEC licence as well as regulatory approval from major European regulators. It emphasises that such oversight ensures client fund security and compliance with strict financial standards.

Trading Instruments

CBFX states that it offers a wide range of CFD instruments including major and minor currency pairs, precious metals, energy commodities, and global stock indices. It also mentions providing advanced trading tools and competitive spreads.

Account Types

The broker claims to offer multiple account tiers tailored to different trader levels, from beginner to professional. Each account is said to come with varying leverage, spreads, and additional features such as dedicated account managers.

About CBFX

Company Overview

CBFX (operating as CBFX Global Options Group Ltd) is a Cyprus-registered broker established in September 2019. The company presents itself as a forex and CFD brokerage catering to retail and institutional clients. Its official website, cbfxglobaloptions.com, is the primary source of information available, though independent verification of its operations is limited.

Regulation and Licensing

According to public records, CBFX holds a CySEC licence for derivatives trading (Market Maker). However, the status of this licence is noted as blank in regulatory databases, raising questions about its current validity. Additionally, the company claims authorisation from the FCA and BaFin, but no independent confirmation of these registrations could be established. Traders are advised to verify regulatory standing directly with the respective authorities.

Trading Offerings

The broker claims to offer a broad selection of instruments, including forex, commodities, indices, and other CFDs. No specific details about trading platforms, spreads, or leverage are available from independent sources. The absence of verifiable trading conditions is a notable gap for potential clients.

Account Types and Client Segments

CBFX markets itself to both novice and experienced traders, with purported account tiers that vary in features. However, concrete information on minimum deposits, spreads, or trading platforms is not publicly accessible. This lack of transparency is a significant concern for traders evaluating the broker.

Risk Considerations

FXCanary's internal assessment has assigned a severe scam risk score of 85/100 to CBFX. This high score reflects the combination of limited public information, unclear regulatory status, and unverifiable claims. Traders should exercise extreme caution and consider thoroughly investigating the broker before any engagement.

Overview compiled by FXCanary from regulatory records and public data. full CBFX review