CBOEX Review

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Know Your Options and Recover Your Funds

Should You Trade with CBOEX? 

CBOEX is legitimate—the fund NOT the broker. CBOEX stands for the Intermediate Bond Fund of America. This is a fine fund to invest in and is actually a conservative investment since it deals with bonds. However, CBOEX is a broker that is not licensed and is using the CBOEX to trick prospective investors with a false face of legitimacy. In fact, the CBOEX trading desk has warned investors not to fall for the imposter and to stick with the actual fund.

We Have Found Some Problems with CBOEX

The problem of CBOEX is a clone broker scam, which is one of the most pernicious frauds because it is entirely underhanded. It exploits the strong reputation and regulations of a legitimate financial service and tries to trip up traders and confuse them. One way to avoid a clone broker is to visit the website, check that the web address is the same as the one that appears on the regulator’s site. 

Here Are Some CBOEX Red Flags:

  • Clone broker
  • Subject of a warning
  • No contact information
  • Not regulated
  • Bad reviews

What Should You Do If You Have an Account with CBOEX?

We do not recommend opening an account with CBOEX. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to BCR professionals right away. We will investigate the matter, track down the broker and your funds and will help you prepare your claim.