About iBex Markets
Company Overview
iBex Markets is a retail forex and CFD broker registered in the United Kingdom, with a registered address at 25 Old Broad St Cornhill, London. The company was founded on July 8, 2020, and operates as a limited company. However, our review found that iBex Markets does not hold any regulatory licence from the Financial Conduct Authority (FCA) or any other known financial regulator.
This lack of regulatory oversight is a significant concern for traders, as it means the broker is not subject to standard financial conduct rules, client money segregation requirements, or dispute resolution mechanisms. Traders considering iBex Markets should be aware that they would not benefit from the protections typically afforded by regulated brokers.
Account Types and Trading Conditions
iBex Markets offers seven distinct account tiers, ranging from the BASIC account with a minimum deposit of €500 to the DIAMOND account requiring a minimum deposit of €150,000. Leverage varies across accounts: BASIC and STARTER accounts offer maximum leverage of 1:100, while the DIAMOND account provides up to 1:1000 leverage. Other tiers include SILVER (€25,000, 1:200), GOLD (€50,000, 1:400), PLATINUM (€100,000, 1:500), and BRONZE (€5,000, 1:100).
The high leverage offered, particularly the 1:1000 available on the DIAMOND account, is exceptionally risky and is rarely permitted by regulated brokers. Such leverage can amplify both gains and losses dramatically. The high minimum deposits for the upper tiers suggest the broker may be targeting high-net-worth individuals, but the lack of regulation raises questions about the safety of these funds.
Instruments and Platforms
Known facts do not specify the trading instruments or platform offerings of iBex Markets. Typically, retail brokers offer forex, indices, commodities, and CFDs on shares. Without official website information, we cannot confirm which instruments are available or what trading platforms are supported.
Traders should exercise caution and seek clarity from the broker directly regarding these details. The absence of publicly available information on such fundamental aspects is a red flag.
Social Media and Presence
iBex Markets maintains a presence on Facebook, Instagram, and Twitter/X. Social media can be a useful channel for client communication and marketing, but it does not substitute for regulatory oversight or a verifiable trading record.
Potential clients should be wary of brokers that rely heavily on social media without providing transparent regulatory or operational details. We recommend independent verification of any claims made on these platforms.
Registered Address and Jurisdiction
The broker lists its registered address as 25 Old Broad St Cornhill, London, United Kingdom. This location is in the financial district of London. However, having a UK address does not imply FCA regulation. Many unregulated firms use prestigious addresses to create a false sense of legitimacy.
Our cross-check of the address against public records confirms it is a valid business address, but it is shared with numerous other companies. Traders should not assume any regulatory connection based solely on the location.
Deposits and Withdrawals
Known facts do not detail the deposit or withdrawal methods accepted by iBex Markets. Retail brokers typically offer bank transfers, credit/debit cards, and e-wallets. Without clear information, traders should be cautious about funding their accounts.
We strongly advise traders to confirm the available payment methods and any associated fees before depositing. The lack of transparent information on funding is another cause for concern.
Target Audience and Suitability
Based on the account structure, iBex Markets appears to target both retail traders with modest capital (starting at €500) and high-net-worth individuals (with accounts up to €150,000). The varying leverage tiers cater to different risk appetites.
However, given the absence of regulation and the high-risk nature of the products, this broker is not suitable for beginners or risk-averse traders. Only experienced traders who fully understand the risks of leveraged trading and are willing to accept the lack of regulatory protection should consider iBex Markets.
Overview compiled by FXCanary from regulatory records and public data. full iBex Markets review