CIM Banque Review & User Rating 2021
CIM Bank is a Swiss Private Bank based in Geneva, Wollerau and Lugano. We offer our clientele tailored services along with a deep understanding of each client’s needs. Benefit from our experts knowledge & advice – either in private banking or in corporate banking – and enjoy a smooth banking experience.
|Regulated : Swiss Federal Banking Commission|
|Min. Deposit : 100 USD|
|Max. Leverage : 200:1|
|Headquarters : Switzerland|
Founded in 1995, CIM Banque has been successfully operating for over 24 years now. Based in Geneva (Switzerland), the firm is regulated by the Swiss Federal Banking Commission as well as the Financial Industry Regulatory Authority, Securities Investor Protection Corporation, and the Securities and Exchange Commission. This indicates that you can trust the firm with your funds and even for accessing their trading services. The trader funds are essentially held in segregated banking accounts, and for additional security, CIM Banque relies on tier-1 banks, which means that your funds are always secure and safe with the firm.
CIM Banque Regulation
For twenty-six years, CIM Bank operations has repeatedly proved its reliability inherent in Swiss banks as financial institutions. License of the Federal Administration for the control of financial markets FINMA is additional confirmation of the regulation of the company’s products and services.
CIM Banque Trading Conditions and Platform
At CIM Banque, traders have the option of trading numerous financial instruments (around 74 to be precise). The firm offers the MT4 platform for trading through the web as well as mobile devices. CIM Banque has mobile apps for both iOS and Android users, and thus you can place your trades while on the go.
One of the advantages of trading with CIM Banque is that the broker allows you to trade with a very low minimum deposit amount. Based on your requirements, you can create a Standard or Islamic account with CIM Banque. Besides, beginner traders can set up a demo trading account to practice trading before entering the live market conditions. The minimum amount required for opening an account with the broker is 100$. The broker offers a maximum leverage of 200:1, and the minimum spread is 0.5.
CIM Banque Funding
To deposit funds with CIM Banque, traders can resort to numerous methods such as Bank Wire Transfer, Neteller, Skrill, UnionPay, Cashu, MasterCard, Visa Card, Moneybookers, and WebMoney. Withdrawals, on the other hand, are processed through Moneybookers, WebMoney, Cashu, Neteller, MasterCard, VisaCard, and Bank Transfers.