Calliber broker Review
Founded in 2021 by a team of industry professionals, Calliber is a financial service provider that enables its clients to trade forex and CFDs via software platforms. Operating from St. Vincent and the Grenadines, Calliber offers more than 200 trading instruments; forex, commodities, stocks CFDs, indices and cryptocurrencies; for trading on its platforms. Adequate measures have been put in place to engender speedy trade executions, competitive spreads and general trader security.
Calliber is the trading name of ‘Beggins Group LLC’; a company that is incorporated in St. Vincent and the Grenadines.
The broker states that when it receives clients’ deposit, it is kept in segregated bank accounts which it maintains with only the multinational banks that are financially stable. Also, firewalls and secured socket layer (SSL) technology have been installed to ward off internet hackers who are desperate to intercept user data and steal client identities, credit card details, etc.
Calliber Account opening
To start trading with Calliber, visit its official website and register for a new account. Fill the online form and you will be logged into the clients’ personal area. Immediately a new account is created for you but you will need to fund the account to commence trading. Also, Calliber is committed to its Anti Money Laundering (AML) policy, so, all clients are required to upload KYC documents. From your personal area, you can upload your ‘proof of identity’ and ‘proof of residence’ documents.
Calliber Trading instruments
Calliber offers multiple tradable assets on its platforms. They are as follows.
- 50 forex pairs
- 120 stock CFDs
- 8 indices
- 70 crypto CFDs
- 5 commodities
Calliber Account types
Calliber did not state a minimum deposit before you could open an account with its brokerage. The account currencies available are EUR, USD and GBP. All accounts have negative balance protection and every account holder is assigned a personal account manager.
Beginner traders can open the Mini account and trade with a leverage of 1:100. But with a deposit of $5,000 to $50,000, you will own a Gold account and trade with a maximum leverage of 1:200. Clients who trade huge volumes can open the Black account which comes with a dedicated personal account manager and a leverage of 1:300. You need a deposit above $50,000 to open a black account.
Islamic accounts are available on request by Muslim traders who cannot receive or pay interests by reason of their faith. So, Islamic accounts do not incur swap fees even when open positions are left overnight.
Calliber.io Trading platform
The Calliber trading platform is available for all clients’ trades. You can choose to download and install the desktop trader if you have a windows PC. If you want to trade on the go; you can download the android version or iOS version of the mobile app. But for all other operating systems; you can use the WebTrader version which runs on web browsers.
The platform is fast, light and user friendly. You can easily use ‘favourites’ to arrange your favourite assets in one place. When placing orders, you can choose pending orders or use risk management tools like stop loss and take profit. The charting package comes with 4 chart styles, 9 timeframes and up to 50 technical indicators.
Calliber.io Payment options
To fund your Calliber account, you can use bank wire transfer which entails transferring your trading capital from your local bank account to Calliber bank accounts. This method takes about 2-7 business days before the transfer process is completed.
If you want to fund your account and start trading immediately, then your best option is to use a debit or credit card. The most popular card such as Visa or Mastercard may be used. Additionally, you can fund your account using Bitcoin. Calliber charges no commission on both deposits and withdrawals.
New traders may benefit from the training resources provided by Calliber on its website.
Daily analysis is provided to all traders irrespective of account type. Also, there are free articles teaching traders about fundamental and technical analysis, leverage and margin as well as forex trading strategies.
Customer support of Calliber
Calliber is a customer focused broker and so has a support team that is available on a 24/7 basis to help its traders or prospective clients with whatever challenges they may have. You can contact the team via email or phone call.
Conclusion of this Calliber review
Calliber is a broker with a difference. It was founded by experts whose aim is to curb clients’ risk and provide an excellent trading environment. With advanced technological implementations, modern platform, affordable fees and a dedicated client support team, the broker is poised to assume the status of a top rated broker in the near future.