CilFX review. Another scam broker or a good one?

CilFX review. This article will be about a company providing services for trading cryptocurrency, Forex, and CFDs.

The broker is global and has earned a good reputation among traders. These are the reasons why:

• A wide choice of trading assets
• No hidden commissions, low spreads
• An excellent trading platform
• Helpful trading tools
• Excellent support
• Safety of funds
• Fast deposit and withdrawal
• Several types of trading accounts
• Educational information
• Positive reviews

Those who open trading accounts with CilFX must verify their identity and address because the broker follows the Know Your Client rules. So, if you refuse to send the required documents, CilFX will not give you access to the market.

Trading assets 

CilFX offers a wide choice of trading assets to its traders:

• Cryptocurrency
• Forex
• Stocks
• Indices
• Commodities
• Metals

When you have many assets to choose from, you will always find great opportunities to make a profit.

CilFX review. Commissions and fees

CilFX is a very transparent broker. It makes money through the spreads. After we compared similar brokers in the industry, we found that CilFX is one of the best at spreads there. So, you have much more chances to make money with this broker than with others because their spreads are higher.

Trading platforms

CilFX offers its traders a web platform for trading on the stock market. This platform is advanced and easy to use. It has everything traders need to make a profit. You can be sure you will never miss the opportunity to place a deal because you can use this platform on your smartphone.

Trading tools

CilFX clients get access to many helpful trading tools. These are just a few of them you could use to improve your trading: 

• MACD.
• Relative Strength Index.
• Stochastic Oscillator.
• On-Balance Volume.
• Accumulation/Distribution Line.
• Average Directional Index.

Using them, traders have much more chances to grow their deposits. 

Support

If you asked any CilFX trader about the support team, they would tell you the people on this team are highly professional. CilFX clients never stay without support. The broker provides its traders with personal account managers. We have asked CilFX clients whether their managers were helpful, and all the answers were positive.

CilFX review. Safety of funds

CilFX review. Every experienced trader knows that one of the most crucial things for any trader is whether your money is safe in your trading account. We must say that all the information that goes through the CilFX site is encrypted. It means nobody will be able to steal your data. 

Privacy protection

CilFX protects your privacy. All the information you share with CilFX is confidential. The broker only collects personal information from clients to comply with the regulations. CilFX doesn’t share your data with any outside parties.

Know Your Client

CilFX follows KYC Policy. It’s a mandatory requirement used for the client identification process. 

KYC has two components – Identity and Address. Everyone wishing to open a trading account must submit documents confirming their identity and residential address.

The required documents are:

• National Identity Card or Passport
• Recent Utility Bill or Bank statement (no older than six months for the verification of the address)
• Copies of your credit card used to make the deposit

Traders can scan the documents or use their smartphone digital camera to send them. Then save the images as jpegs and send these images via mail to CilFX. Or upload the documents during the registration through the website: https://cilfxpro.com/.

CilFX review. Funding and withdrawal

CilFX offers safe ways to make a deposit or withdrawal: wire transfers, credit or debit cards, cryptocurrency, online payment systems, etc. 

All the detailed information about funding and withdrawal is on the CilFX website. We must mention that not many brokers offer so many options to make a deposit and withdraw funds. It makes CilFX one of the best. Experienced traders know that sometimes it can be crucial to have options for funding and withdrawal that work instantly.

Trading accounts

The broker offers four types of trading accounts: Bronze, Silver, Gold, and VIP Platinum. 

If you want to know all the differences between these accounts, you can find all this information on the CilFX site. Those who have more money in their trading accounts get better conditions. They get access to better leverage, lower spreads, more options for trading, etc.

Educational materials

CilFX offers a lot of educational materials. Traders get access to interactive trading courses with explanations of different trading strategies and how to use them. There are also online trading webinars and e-books.

Traders about CilFX

As we already mentioned, CilFX has earned a good reputation among traders. They say they like this company because they make money using its services. Here are just a few examples of what traders say: 

“If you want to make money by trading on the stock market, you should choose CilFX. This broker doesn’t play against its clients and offers a lot of assets and tools to make a profit.”- Samuel N.

“I’ve heard about this broker from my friend. He started trading a few months ago and taught me how to make money using MetaTrader 4 on my smartphone.”- Anne B.

“When I decided to start trading and told about it to my colleagues, they said I was going to lose my money. But in three weeks, I grew my deposit by almost 30%. So, guys, don’t listen to what others say, and always use your brain. This broker doesn’t play against its clients. That is why you can use its services and grow your trading deposit.”- Ashley S.

CilFX review. The conclusion

So, what can we conclude about CilFX?

We have discussed all the essential information about this company, and we can say now that CilFX is not a scam but a reliable broker. This company is an excellent choice if you want to make money on the stock market. We highly recommend this broker. You can open a CilFX trading account, verify it, and start growing your deposit. Here is the link: https://cilfxpro.com/.

Good luck in trading!