CIS Brokers
Description of the “CIS Brokers” brokerage company
The brokerage firm known as CISBrokers was established in 2015 and has garnered the trust of more than 50,000 traders to date. The company’s website is accessible in both Russian and English languages.
Key advantages of this broker include ultra-low spreads, zero commissions, and a straightforward, rapid registration process.
Contact information
The company lists its address in London on its website. However, further verification is necessary regarding its actual legal status, as official documentation remains outstanding.
Clients have the option to contact company representatives via an international phone number, email, or by reaching out to the 24/5 operational support service.
Trading tools and platforms
For managing trading activities, the broker provides the cTrader platform in various versions: cTrader Desktop, cTrader Web, and cTrader Android. Moreover, traders can choose from a selection of over 100 financial instruments, including currency pairs, CFD contracts, stocks, commodities, and cryptocurrencies. The broker also offers complimentary educational resources through video tutorials, webinars, and training sessions.
Trading accounts
The company has crafted four types of trading accounts tailored to traders with varying needs and levels of experience. A demo account featuring virtual funds amounting to $50,000 is at traders’ disposal for testing the terminal’s functionality and trading strategies.
To commence trading, traders are required to complete the registration process on the website, submit necessary documents, and fund their accounts.
Account funding and withdrawals
Details regarding the transaction process are not disclosed. The broker highlights available payment services for depositing and withdrawing funds on the website.
Minimum and maximum withdrawal amounts have not been specified. There is no mention of commission fees or the application processing procedure. The withdrawal deposit algorithm has not been provided.
Conclusion
Despite the broker’s appealing reputation, concerns arise from the limited information available regarding the company’s registration and licensing. Anonymity and the absence of details on financial policies also give rise to questions. Reviews about the company can serve as valuable resources to gain insight into its operations and aid in making an informed decision regarding potential collaboration.
This review has been prepared by the specialists at ExpertsReview.