CIM Banque Guide – Read our In-Depth CIM Banque Review
This CIM Banque review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this CIM Banque review does not apply to US users.
If you are a new entrant in the realm of trading and brokerage, so many facts will be perplexing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You'll acquire adept at all the concepts of brokerage since you continue trading. For starters, you have to choose the ideal agent who'll be clear with you always.
Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan will create hefty returns. CIM Banque is one such platform which will take you along with your investment into great heights. It is important to understand all about CIM Banque until you trust them with your cash.
Our entire CIM Banque Review covers all you need to learn about trading with CIM Banque. A fantastic agent can multiply your first investments and give you favorable profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire way to ensure profits; thus, you must carefully analyze your agent before you choose them. It's a frequent misconception that all agents will be the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
CIM Banque is a broker that has paved its way successfully to the brokerage world. Within this review, we have tried to collate a number of the vital aspects of CIM Banque. This review can allow you to know whether CIM Banque is a fantastic fit for your own investments or not. We've attempted to breakdown all of the features and fees for your advantage.
CIM Banque Review, Table Of Contents
- Who are CIM Banque?
- Benefits Of Trading With CIM Banque
- Everything you should know about trading with CIM Banque
- Is CIM Banque Safe To Trade With?
- Pro's & Con's Of Trading With CIM Banque?
- Compare Brokers Similar To CIM Banque
- Regulation And Licencing In More Detail
- CIM Banque Awards
- Minimum Deposit Required For A Live Account With CIM Banque
- CIM Banque Commission And Fees Explained
- Compare broker fees against CIM Banque
- CIM Banque Withdrawal Fees Explained
- CIM Banque Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With CIM Banque?
- Alternatives To CIM Banque
- Frequently Asked Questions About CIM Banque
Who are CIM Banque?
CIM Banque is a foreign exchange broker headquartered in Geneva and provides a variety of instruments for trading. Since its beginning in 1995, CIM Banque has emerged as a top player in the field of online brokerage. CIM Banque has a highly competitive and full-featured trading site that's focused on currency, indices, metals, stocks and commodities.
Over the past 26 years, CIM Banque has grown into one of the leading online brokers.
After launching in 1995, their consumer base is becoming as large as 10,000+ clients.
CIM Banque is the favorite for many traders.. Our CIM Banque review found that they are an excellent choice for automated trading options. It's most appropriate for investors that are looking for an assortment of assets. Social and automated trading solutions are the core at CIM Banque.
Technology plays a substantial role at CIM Banque. CIM Banque features trading on Android ,iPhone,Mac,iPade. CIM Banque is honest, transparent, and also a well-regulated broker by the Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC). Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also supply in-house research.
The trader resource section at CIM Banque is quite enlightening for new dealers since it permits them to have a closer look at the financial markets. CIM Banque caters to all types of traders and are a must-have broker for any well-diversified approach to online trading.
If you feel that CIM Banque is not right for you then at the bottom of this CIM Banque review you wil find a lot of alternatives to CIM Banque.
What you should know about trading using CIM Banque
CIM Banque is a lively platform that provides various techniques of trading. These instruments cover the financial markets considerably. Most of the brokerage platforms provide fewer approaches than CIM Banque
If you would like to trade with CIM Banque, you will require a minimum deposit of $100. This deposit is required if you would like to start trading using CIM Banque. This 2021 CIM Banque review will guide you clearly about trading with them.
CIM Banque is as flexible as another broker platform. CIM Banque is great for traders that want a manageable array of low-cost services. The platforms provided by CIM Banque are third-party, white-label offerings. All traders may select out of Android ,iPhone,Mac,iPade.
Along with everything, CIM Banque has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a trade must be kept available. The agents offer premium customer service which rewards customers with advantages.
Many less reputable brokers try to pressurise consumers into bigger financing for superior services. CIM Banque, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the greater advantages will come along.
CIM Banque accounts are available globally and provides quality service wherever they have clients. There are only a select few countries where CIM Banque accounts are not available. Traders in the following countries cannot open or use a CIM Banque account:
Is CIM Banque Safe To Trade With?
Established in 1995, CIM Banque has been operating for 26 years, they have a head office in Geneva.
CIM Banque is regulated by Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC). These figures have rules that ensure that trading platforms have ploicies in place to keep investor's resources secured. This means that CIM Banque users do not need to be worried about their money as it's segregated and safely kept in banks that are established. SSL encryption simplifies each user's personal information as well.
You are able to make use of an option for Two Factor Authentications (2FA) with CIM Banque for heightened security. An SMS for the confirmation code will be sent to a phone. You will be asked to enter this code to log in to your account.
Another concern with fiscal brokers with respect to safety may be manipulation of trading. This is highly disadvantageous for users on these platforms. However, this is more widespread in the case of Market Maker agents who compete with users on the stage.
Pro's & Con's Of Trading With CIM Banque
Every online trading platform has a few ups and downs, and no CIM Banque review would be complete without having a balanced approach. This CIM Banque review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
CIM Banque Pro's
- CIM Banque is trusted by 10,000+ clients
- CIM Banque doesn't charge inactivity fees
- CIM Banque doesn't charge deposit fees
- CIM Banque doesn't charge CFD fees
- CIM Banque offer trading on Android ,iPhone,Mac,iPade
- CIM Banque offer 74 trading instruments
- CIM Banque can communicate in
CIM Banque Con's
- CIM Banque does not offer Negative Balance Protection
- CIM Banque does not offer Guaranteed Stop Loss
- CIM Banque charge withdrawal fees
- CIM Banque doesn't trade major forex pairs
- CIM Banque doesn't trade minor forex pairs
- CIM Banque doesn't trade exotic forex pairs
- CIM Banque doesn't offer trading on cryptocurrencies
CIM Banque Review - Compare Brokers Similar To CIM Banque
|CIM Banque||WIT Invest||Binary Mate||Admiral Markets|
|Headquarters||Geneva||Saint Vincent and the Grenadines||Malaysia||UK|
|Regulated By||Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC)||Unregulated||Cyprus Securities and Exchange Commission (CySEC)||Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Losses can exceed deposits|
CIM Banque Review - Regulation And Licencing In More Detail
CIM Banque is regulated by Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC).
CIM Banque, as a company, has a powerful set of rules for ensuring honest trading onto its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
CIM Banque Review - Awards
- At the time of writing this CIM Banque review, they had not received any awards.
CIM Banque Review - Minimum Deposit Required
The minimum deposit that you must deposit to begin on CIM Banque is $100. This is a decent amount for those just starting out. You can make more complex residue as you cooperate. But, make certain that you understand how to make the most of your money before investing larger sums.
CIM Banque Review - Commission And Fees Explained
CIM Banque is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the amount of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three different types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such instances, you're paying a spread, financing rate, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are those that are charged when you hold a leveraged position for longer than daily.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, CIM Banque does not charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by CIM Banque are relatively greater. Consequently, you are billed more for non-trading actions on your trading account, such as deposits and withdrawal. These are not about the sale and purchase of resources.
This CIM Banque review breaks down every one of the relevant non-trading charges for you in detail.
Compare broker fees against CIM Banque
|CIM Banque||WIT Invest||Binary Mate||Admiral Markets|
CIM Banque Review - Withdrawal Fees Explained
CIM Banque charges a withdrawal fee when you make a bank transfer. Every time you move money back into your bank accounts, these withdrawal fees become applicable.
Withdrawal of money is possible at any time from your CIM Banque account. You can draw sums up to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don't always have to have any money on your account.
In addition, the withdrawn money will be moved directly to the account you use to make deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn cash will be sent to the card. CIM Banque will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you are choosing to draw in.
CIM Banque Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions which run through your mind when open an account with CIM Banque. An inactivity fee is an amount charged to registered traders who have not engaged in purchasing or selling for a while. The period considered inactive is determined by the agent.
The inactivity fee also differs from one broker to another and is not standardized. If a traders account doesn't have a purchasing or selling transaction, it is maintained by the agent as an inactivity charge. The traders have to pay this fee under terms and conditions that they had agreed while enrolling.
CIM Banque doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees have been indicated by CIM Banque, it is better that you close the account if you're inactive. Inactivity fees aren't only charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you've selected. The inactivity fee is subjected to many conditions and should be revealed clearly by the agent beforehand.
CIM Banque Review - Deposit Fees Explained
When you move money in your trading account from your bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this operation.
CIM Banque doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the CIM Banque trading platform is simple. You just have to complete a single-user profile questionnaire to start depositing money into your trading account. You will need to provide an identity evidence and proof of residency to deposit large sums.
CIM Banque Review - Compare Broker Deposit Methods
|CIM Banque||WIT Invest||Binary Mate||Admiral Markets|
What Can You trade With CIM Banque?
Note: CIM Banque offers many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may differ depending on the country of residence of the client.
CIM Banque has a wide variety of over 74 instruments available for you to trade with.
If trading currency pairs is of interest to you then CIM Banque offer over forex pairs.
Compare CIM Banque, WIT Invest, Binary Mate & Admiral Markets below.
Alternatives To CIM Banque
If, after studying this CIM Banque review, CIM Banque doesn't quite meet your needs check out these CIM Banque alternatives.
We've scoured the web to find the best alternatives to CIM Banque. Click on the hyperlinks below to learn more.
Frequently Asked Questions about CIM Banque
Can I try CIM Banque before I buy?
Yes, you can most definitely try CIM Banque before you buy. CIM Banque offers demo accounts for the ease of beginner traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you sign up for a demonstration account on CIM Banque, you may set out with a decent amount of virtual currency. It is to establish a sense of security and confidence in you before you choose to invest your own money.
With this virtual CIM Banquedemo account, you are able to experiment in any way, to whatever period you desire. You might even open positions, test different trading strategies, and much more.
CIM Banque specifies on its official site which you are able to exchange real time stocks in a demo account.
Is CIM Banque safe?
It is possible to drop all your worries since we believe that CIM Banque is perfectly safe to use. It is in compliance with all the rules of Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC).
Nevertheless, CIM Banque does not provide assured stop-loss protection.
Why does CIM Banque ask for my passport?
The reason that CIM Banque asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, CIM Banque has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, CIM Banque must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with CIM Banque?
The process to start trading withCIM Banque is perhaps simple enough to be a cakewalk. You need to begin by signing up on the CIM Banque website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with CIM Banque is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with CIM Banque.
The best way to kickstart your trading career with CIM Banque is to open a demo account facility before risking any real money
What funding methods do CIM Banque accept?
There are multiple ways to fund your accounts with CIM Banque. The process is effortless and quick, with various payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must keep in mind that PayPal isn't available in every place. The monies CIM Banque
Is my money safe with CIM Banque?
Yes, your cash is safe and secure with CIM Banque. As you know, CIM Banque works with good conformation to. It has established lots of measures to guard all its investors.
CIM Banque protects its customers' private and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, it is possible to enable Two-Step Verification as well. It takes an SMS confirmation for you to get your accounts.
Is CIM Banque trading good?
Yes, trading via CIM Banque is a nice and decent experience indeed. It's an excellent and intuitive platform with helpful features for your simplicity. Moreover, you can also obtain access to a vast collection of educational tools and assistive material to kickstart your trading expertise.
If you are still skeptical, it is possible to start a eToro demo account and assess the credibility of the platform on your own.
Which Countries does CIM Banque support?
CIM Banque operates around the world. However, due to regulations there are some countries that CIM Banque do accept clients resident in
Is CIM Banque legit?
CIM Banque is a legit company headquarted in Geneva since 1995. They are regulated by Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC). CIM Banque is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is CIM Banque a good broker?
CIM Banque is a great agent, and its users may vouch for it. The highlight of the platform is its quick order execution on transactions.
You'll find the clean design of the platform and the commendable features a pleasure to work with.
Is CIM Banque a trustworthy broker?
Yes, CIM Banque is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for CIM Banque?
The minimum deposit to open a live account with CIM Banque is $100
How long do CIM Banque withdrawals take?
Normally, withdrawal of money from CIM Banque is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from CIM Banque to show in your bank account.
Are CIM Banque regulated?
CIM Banque are regulated by Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC)
Is CIM Banque a market leading broker?
CIM Banque is indisputably among the business leaders. It supports over 10,000+ registered customers and over 26 years of expertise on its record. They are one of the world's top trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this standing to its incredible platform and wide selection of resources plus tools so that you may invest in capital markets.
Is CIM Banque a con?
No, CIM Banque is not a con. They are regulated by Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC) and must adhere to their rules. Thus, it is safe to say that CIM Banque is not a scam.
Can you make money with CIM Banque?
Through CIM Banque, several traders earn a great deal of cash. But on average, through continual trading, you also can create between 2% - 10% profit a month.
This may seem like a little number, but over the entire year, this adds to a significant number of gains. While CIM Banque provide you all of the tools to earn money, they can't guarantee that you will gain.
Does CIM Banque have fees?
Yes. To begin trading using CIM Banque, you have to deposit $100. Particular commissions while trading also apply. Any processing fees from your bank will need to be incurred by you.
When was CIM Banque founded?
CIM Banque was founded in 1995 in Geneva. CIM Banque is regulated by Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC).
How many people use CIM Banque?
CIM Banque is a globally recognised agent with 10,000+ clients.
Where is the CIM Banque head office?
CIM Banque has its head office in Geneva
Does CIM Banque offer negative balance protection?
No. CIM Banque doesn't provide negative balance protection. If your balance is negative, CIM Banque suggests that you contact customer services. For this, you can fix any imbalances within your account.
Does CIM Banque offer guaranteed stop loss?CIM Banque unfortunately, does not provide guaranteed stop loss. CIM Banque gives an opportunity for its traders to close their trade at their given price. Apart from this, CIM Banque does not offer guaranteed stop loss.
Does CIM Banque allow scalping?Yes, CIM Banque do permit scalping. Several traders across the world choose CIM Banque due to their scalping services. They offer trading on Android ,iPhone,Mac,iPade which let this.
Does CIM Banque allow hedging?
Yes, CIM Banque does allow hedging.
Can you trade energies with CIM Banque?
No, unfortunately you cannot trade energy stock with CIM Banque
Can you trade agricultural shares with CIM Banque?
No, unfortunately you cannot trade agricultural stock with CIM Banque
Can you trade cryptocurrency with CIM Banque?
No, unfortunately you cannot trade cryptocurrency with CIM Banque
Can you trade metals with CIM Banque?
No, unfortunately you cannot trade metals with CIM Banque
Can you trade UK Shares with CIM Banque?
No, unfortunately you cannot trade UK shares with CIM Banque
Can you trade US Shares with CIM Banque?
No, unfortunately you cannot trade US shares with CIM Banque
Can you trade Japanese Shares with CIM Banque?
No, unfortunately you cannot trade Japanese shares with CIM Banque
Can you trade German Shares with CIM Banque?
No, unfortunately you cannot trade German shares with CIM Banque
Does CIM Banque accept bank transfers?
No, CIM Banque does not accept bank transfers.
Does CIM Banque accept credit cards?
No, CIM Banque does not accept credit cards.
Does CIM Banque accept PayPal?
No, CIM Banque does not accept PayPal.
Does CIM Banque accept Skrill?
No, CIM Banque does not accept Skrill.
Does CIM Banque accept Payoneer?
No, CIM Banque does not accept Payoneer.
Does CIM Banque accept Neteller?
No, CIM Banque does not accept Neteller.
Does CIM Banque offer Live Chat customer support?
No, CIM Banque does not offer customer support through live chat.
Does CIM Banque offer phone customer support?
No, CIM Banque does not offer customer support over the telephone.
Does CIM Banque offer email customer support?
No, CIM Banque does not offer customer support through email.
What languages can CIM Banque communicate in?
CIM Banque has the ability to communicate and support customers who speak:
Does CIM Banque have a wikipedia page?
No, CIM Banque does not have an official wikipedia page.
Does CIM Banque offer demo accounts?
Yes, CIM Banque offers demo accounts so you can learn their systems before risking any real money.