Statistics of CIM Banque votes

CIM Banque reviews

CIM Banque_logo CIM Banque 6/10 (votes 2374)

On-line since: 1990
Country of origin: Switzerland
Regulation: Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC)
Payment options: bank transfer, Neteller, and Skrill
Minimum account size: $100
Minimum lot size: -
Leverage: -
Spreads: -

Forex broker CIM Bank is a private Swiss bank. Along with traditional banking and depository activity, CIM Bank also provides access to online assets trading in various international financial markets. CIM Bank was established in 1990 under the name of Unibank. Three years later, the name was changed to CIM Banque. The bank offers different types of accounts including private, commercial, and deposit accounts. Its official website www.cimbanque.com is available in 7 languages, namely French, English, Italian, Russian, Spanish, Portuguese, and German. The bank’s offices are based in Geneva, Wollerau, and Lugano.

Trading conditions

CIM Bank clients can trade various financial instruments such as bonds, exchange traded funds, and stocks. In addition, with CIM Bank’s partner Interactive Broker, customers can get access to trading currency pairs, options, and futures. Novice traders have an option to start trading on a demo account. There are no promotions and bonuses available. The minimum deposit is $100.

Trading platforms

With CIM Bank, traders can choose between two trading platforms: MetaTrader4 and FX System.

Customer support service

CIM Bank customer support is available from Monday to Friday with business hours from 09.00 am to 06:30 pm. Its website features addresses and contact numbers of representative offices. Customers can also fill in a contact form.

Deposit and withdrawal of funds

It is possible to withdraw and deposit funds at CIM Bank only through a bank transfer or Neteller and Skrill services.

Traders’ review

A few positive reviews about CIM Bank can be found on the network. However, this is not enough to get a full picture of what traders think about this broker.

Advantages and disadvantages

Advantages:

  • regulated broker
  • vast experience
  • affordable minimum deposit
  • demo account available

Disadvantages:

  • insufficient information on the website
  • limited methods of funds deposit and withdrawal
  • no detailed information about customer support service
  • no bonus programs available

Conclusion

CIM Bank offers its clients favorable conditions to trade on Forex and provides access to a wide variety of trading instruments. It also provides an affordable minimum deposit and convenient trading platforms. CIM Bank is regulated by several supervisory authorities which proves the reliability of the broker and ensures the safety of client funds. However, with a limited number of traders’ reviews on the Internet, it is difficult to draw a valid conclusion about the broker’s activity.

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