IBN

IBN is a retail forex and CFD broker headquartered in Dubai, United Arab Emirates. According to its official registration, the company was founded on 18 July 2019 and lists its address as Suite 208, 51 Tower, Business Bay, Dubai.

The broker operates under the domain ibnpro.com and offers two account tiers: IBN Classic and IBN Pro. While the broker maintains a social media presence on Facebook, LinkedIn, and Twitter/X, it does not hold any recognised financial services licence or regulatory authorisation from any known regulator. This absence of regulation is a significant consideration for potential traders.

IBN provides two distinct account options designed to accommodate different trading preferences. The IBN Classic account requires a minimum deposit of $2,000, making it accessible primarily to traders with substantial starting capital. The IBN Pro account carries a lower entry barrier at $500, but still represents a relatively high minimum compared to many industry peers.

The available instruments, maximum leverage, spreads, and commissions for these accounts are not disclosed on the broker's public materials. As a result, traders must contact IBN directly to obtain full details about trading conditions and costs.

Our review could not identify any financial services licence for IBN from a reputable regulatory body such as the UAE's Securities and Commodities Authority (SCA) or the Dubai Financial Services Authority (DFSA). The broker's registration in the UAE does not equate to regulatory oversight for forex trading activities.

Trading with an unregulated broker exposes clients to elevated risks including lack of investor protection, no dispute resolution mechanism, and no assurance of segregated client funds. The FXCanary Scam Risk Score of 45/100 reflects these concerns and categorises IBN as guarded from a risk perspective.

Information about the trading platforms offered by IBN is not publicly available. It is unknown whether the broker provides industry-standard platforms like MetaTrader 4 or 5, or its own proprietary software. Similarly, the range of tradeable instruments—whether forex, commodities, indices, or cryptocurrencies—remains undisclosed.

Prospective traders should seek clarity on these crucial details before committing funds, as platform usability and asset selection are fundamental to the trading experience. Without transparency, it is difficult to assess whether the broker meets the needs of various trading styles.

IBN appears to target experienced traders willing to make sizeable initial deposits, given the high minimum for the Classic account. The lack of regulatory oversight means that this broker is best suited only for traders who fully understand and accept the risks of dealing with an unregulated entity.

Beginners or those prioritising fund safety should avoid IBN until it obtains credible regulation. For experienced traders, the absence of information on leverage, spreads, and execution practices makes it challenging to evaluate competitiveness. We advise extreme caution and thorough due diligence before any engagement.