Pibexa Review

About Pibexa

According to the official website, the broker operates under the domain pibexa.com and offers various account types and trading instruments, including forex, commodities, indices, and cryptocurrencies. The site indicates that trading is conducted via the MetaTrader 4 and MetaTrader 5 platforms. Minimum deposit levels start from USD 100. Maximum leverage reaches up to 1:500. Base currencies include USD and EUR. The broker provides swap-free (Islamic) accounts and permits the use of Expert Advisors (EAs); hedging and scalping are allowed. Spreads begin from 0.1 pips on major currency pairs. Withdrawal and deposit methods listed include bank wire transfers, credit/debit cards, and popular e-wallets.

Regarding regulation, no information on licenses or regulatory oversight is visible on the site. Searches of major regulator databases—including the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the U.S. National Futures Association (NFA), and the Australian Securities and Investments Commission (ASIC)—did not reveal any authorization, registration or warning related to this broker. Without confirmed regulatory credentials, the broker appears to operate without formal licensing or oversight.

Pros and cons

Pros

• Offers both MT4 and MT5 platforms.
• Supports swap-free (Islamic) accounts.
• High maximum leverage of up to 1:500.
• Multiple asset classes, including forex, commodities, indices, and cryptocurrencies.

Cons

• No confirmed regulatory status or license information available.
• No regulatory oversight confirmed, which may affect client protections.
• Key corporate details (e.g., registered address, company name, foundation date) not disclosed.