IbericaPlus Review

About IbericaPlus

IbericaPlus (using the domain iberica-plus.com) offers online trading services including forex, cryptocurrencies, commodities and stocks. Claims of regulation by Portugal’s CMVM appear on its website, but no corresponding records exist in the CMVM registry. The Comisión Nacional del Mercado de Valores (CNMV) issued an explicit warning on 14 July 2025 stating that IbericaPlus is not authorised to provide investment services, including foreign currency transactions, under the Securities Markets and Investment Services Act (Law 6/2023, of 17 March) (). The company is included in the CNMV’s blacklist of unregistered firms ().

No legitimate regulatory authorisations are found in official registries of major authorities such as the FCA, ASIC, CySEC, SEC, or similar. IbericaPlus lacks a valid licence and oversight, representing a significant legal and financial risk for clients ().

Independent investigations highlight multiple red flags: high leverage offers (up to 1:1000), vague promotional language promising ultra-low latency and competitive spreads, lack of clarity about ownership (CP Investments, SCR. SA is named, but with no transparency or verifiable details), and geographical restrictions including exclusion of U.S. residents. These factors, combined with opaque deposit/withdrawal procedures and the domain’s recent registration, contribute to a low trust score and raise significant concerns regarding credibility ().

Pros and cons

Cons

• Not authorised to provide investment services; listed on CNMV’s blacklist of unregistered firms ().
• No record of regulation with any known financial authority (FCA, ASIC, CySEC, SEC) ().
• Multiple risk indicators: high leverage, hidden ownership, unrealistic marketing, limited transparency and recent domain age ().