Rating Index
Pros
Regulated by ASIC, providing a level of credibility and safety for clients' funds.
Competitive trading conditions with low minimum deposit requirements and high leverage options.
Supports the widely used MetaTrader 4 platform, offering robust trading tools and features.
Cons
Lacks transparency regarding spreads and commissions, which can lead to confusion for traders.
Limited range of tradable assets, with no CFDs on stocks or cryptocurrencies available.
Customer support has been reported as inconsistent, with some users experiencing delays in response times.
Cardiff broker Accounts
Cardiff Global Markets Account Type
Cardiff Global Markets offers three types of trading accounts to cater to different trader needs:
- Standard Account:
- Minimum Deposit: $1
- Leverage: Up to 1:400
- Spread: Starts from 1.6 pips
- Commission: None
- Minimum Trade Size: 0.01 lots
- Pro Account:
- Minimum Deposit: $1
- Leverage: Up to 1:200
- Spread: Starts from 0.0 pips (typically around 0.1 pips in practice)
- Commission: $3 per lot
- Minimum Trade Size: 0.01 lots
- Prime Account:
- Minimum Deposit: $50,000
- Leverage: Up to 1:50
- Spread: Starts from 0.0 pips
- Commission: $1.5 per lot
- Minimum Trade Size: 0.5 lots
- Visit the Website: Go to the Cardiff Global Markets official website.
- Choose Account Type: Select the account type that suits your trading needs (Standard, Pro, or Prime).
- Fill Out Application: Complete the online application form with personal details, including identification documents as required by regulations.
- Initial Deposit: Fund your account with the minimum deposit required for your chosen account type.
- Trading Platform Access: Once your application is approved, you will receive access to the trading platform, typically MetaTrader 4.
- Start Trading: Begin trading by selecting your preferred financial instruments and executing trades.
Each account type has its unique features tailored for different trading strategies and capital levels.
Cardiff Global Markets Broker Account Opening Process
To open a trading account with Cardiff Global Markets, follow these steps:
For more details, consult the Cardiff Global Markets website or contact their customer support.
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