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Pros

Well-regulated by the Hong Kong SFC, providing a level of trust and security for clients.
Offers a variety of trading instruments, including forex, CFDs, commodities, and indices.
Good customer support and execution speed, contributing to a positive trading experience.

Cons

Does not support popular trading platforms like MT4 or MT5, which may limit some traders' preferences.
No client insurance is provided, which could pose a risk in the event of broker insolvency.
Mixed reviews regarding the overall reputation, with some concerns about exposure to scams and inconsistent performance.

CL Group broker Accounts

CL Group Account Type

CL Group offers a single type of trading account, which provides access to various financial instruments including forex, contracts for difference (CFDs), commodities, and indices. The account is characterized by the following features:

  • Minimum Deposit: Not specified
  • Leverage: Up to 1:500
  • Spreads: Average spread of 5.3 pips
  • Execution Type: Market execution
  • Commission: No commission fees
  • Inactivity Fees: None
  • Micro Lot Trading: Yes (minimum position of 0.01 lots)
  • Available Base Currencies: USD, GBP, EUR
  • Trading Platform: Not available on MT4/MT5

This account is suitable for both beginner and experienced traders looking for a straightforward trading experience without complex fee structures.

CL Group Broker Account Opening Process

Opening an account with CL Group involves the following steps:

  • Visit the Website: Navigate to the official CL Group website.
  • Registration: Click on the "Open Account" or similar button to access the registration form.
  • Fill in Personal Information: Provide necessary personal details such as your name, email address, and country of residence.
  • Submit the Form: After completing the form, submit it for processing.
  • Account Verification: Wait for the verification process, which may require you to confirm your email and provide additional documentation if necessary.
  • Deposit Funds: Once your account is verified, you can fund your trading account using various payment methods.
  • Start Trading: After funding, you can log in to your trading account and start trading.
  • For more specific inquiries or assistance, you can contact CL Group customer support at +852 34262664 or via email at clsec@cheonglee sec.com.hk.

CL Group accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
CL Group Account