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/10

CFD Global

Cyprus|5-10 years|
Suspicious Scope of Business|High potential risk|

https://cfdglobal.com/

Website

Rating Index

Contact

+357 22 009 029
support@cfdglobal.com
https://cfdglobal.com/
https://www.facebook.com/checkpoint/block/?next=https%3A%2F%2Fwww.facebook.com%2FCFDGlobalDeutschland

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+357 22 009 029

German

+357 22 000 358

Other ways of contact

Broker Information

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Warning: Low score, please stay away! 3
Previous Detection : 2024-07-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 292/16) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

CFD Global · WikiFX Survey

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CFD Global · Company Summary

Note: CFD Global is to operate via the website - https://cfdglobal.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

The Cyprus CYSEC regulation (license number: 292/16) claimed by CFD Global is suspected to be a clone. Please be aware of the risk!

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

General Information & Regulation

CFD Global is allegedly a forex and CFD broker established in 2017 and registered in Cyprus. It claims to provide its clients with various tradable financial instruments with leverage up to 1:300, fixed or floating spreads and no commissions on the industry‘s standard MetaTrader5 and WebTrader trading platforms via three different live account types, as well as 24/5 customer support services. Here is the home page of this broker’s official site:

General Information & Regulation

As for regulation, it has been verified that CFD Global holds a suspicious clone Cyprus Securities and Exchange Commission (CYSEC) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.44/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

CFD Global advertises that it offers access to a wide range of trading instruments across six asset classes, including forex, indices, commodities, stocks, bonds and cryptocurrencies.

Market Instruments

Account Types

Apart from free demo accounts, CFD Global claims to offer three types of live trading accounts - Essential, Original and Signature, with minimum initial deposit requirements of $1,000, $5,000 and $25,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Account Types

Leverage

CFD Global gives traders two choices of leverage ratio - 1:30 or 1:300. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

All spreads with CFD Global are fixed or floating. The spread on the EUR/USD currency pair is 2 pips, while the industrys average spread is only 1.5 pips. There are no commissions charged.

Trading Platform Available

The platform available for trading at CFD Global is one of the most notable and preferred trading platforms the market offers - MetaTrader5 and WebTrader, both are available as desktop and mobile versions. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

CFD Global says to work with numerous means of deposit and withdrawal choices, consisting of credit/debit cards and bank wire transfers, as well as e-wallets like Neteller and Skrill. The minimum initial deposit requirement is said to be $250 while opening an account requires a minimum deposit amount of $1,000. Withdrawal requests are said to be processed within 24 business hours (excluding weekends).

Customer Support

CFD Global‘s customer support can be reached by telephone: +357 22 009 029, +357 22 000 358, email: support@cfdglobal.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

Pros & Cons

Pros & Cons

User Reviews

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4

Comments

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Chandeller Bang0000
more than one year
They never answer the phone or reply to emails, leaving you in the dark when you need assistance. When I tried to withdraw my funds, they made it very difficult for me and delayed the process for weeks, giving me excuses and asking for more and more documentation.
2023-04-06 10:14
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0
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Chandeller Bang0000
more than one year
Stay away from CFD Global! Their promises of high returns are nothing but lies. I was foolish enough to fall for their scam and ended up losing a lot of money. Even when the platform is working, the execution is slow and there are frequent delays in opening and closing positions. This has led to huge losses for me.Their customer service is virtually non-existent. Plus, they have no regulation, so there's no one to hold them accountable for their fraudulent behavior.
2023-04-06 10:14
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0
0
Wong Ha Leong
more than one year
Hey friends, the CFD Global website is no longer valid. There is no need to waste time here, it is better to find a bigger and more reliable forex broker.
2023-02-20 18:48
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0
0
舢人
more than one year
CFD Global is a terrible platform, your url can't be opened anymore. But on the plus side, I don't see any reports or complaints about this company on wikifx... maybe that means not many people get scammed. I hope so.
2022-12-05 16:29
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