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Cloud-Deck FX was established on March 25, 2023, as an online trading platform that offers a range of financial services, primarily focused on forex and CFD trading. The company aims to provide a transparent and user-friendly trading environment for both experienced and novice traders.
Cloud-Deck FX operates under the ownership of CDF of Stock Group Limited. The companys structure is not fully disclosed, which raises questions about its operational transparency.
The headquarters of Cloud-Deck FX is located at 21 Discovery Dock Apartments West, 2 South Quay Square, London, England, E14 9RT. This location places it in a prominent financial hub, although the company lacks regulation from UK authorities.
Cloud-Deck FX primarily serves clients in various regions, focusing on providing trading services in forex, indices, commodities, and shares. However, the lack of regulatory oversight limits its global reach and credibility.
As of now, Cloud-Deck FX does not hold any licenses from recognized financial regulatory bodies, such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC). This absence of regulation is a significant concern for potential investors.
Since its inception in 2023, Cloud-Deck FX has aimed to establish itself as a competitive player in the online trading market. However, it has faced scrutiny due to its lack of regulatory compliance.
The company has aggressively marketed its services, claiming to offer over 15,000 trading instruments across various asset classes. Despite this, its actual business growth has been hindered by regulatory issues and negative reviews from users.
While specific figures regarding customer growth are not publicly available, the company has attracted attention due to its marketing efforts. Nevertheless, the lack of regulation and negative feedback may impact its ability to retain and grow its customer base.
Cloud-Deck FX offers trading on popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). However, the platform's development history lacks transparency, and there are concerns regarding the reliability of its trading conditions.
As of now, Cloud-Deck FX has not received any notable awards or recognitions that would enhance its credibility in the trading industry.
Cloud-Deck FX claims to provide access to over 60 currency pairs for forex trading. The platform offers high leverage of up to 1:500, which can be appealing to traders looking for significant exposure.
The company allows trading on over 15,000 shares, enabling clients to go long or short on top global stocks. However, the absence of regulatory oversight raises concerns about the security and legitimacy of these offerings.
Cloud-Deck FX specializes in Contracts for Difference (CFDs), offering a range of products including forex, indices, commodities, and shares. This variety allows traders to diversify their portfolios, although the risks associated with CFDs should be carefully considered.
In addition to traditional trading options, Cloud-Deck FX purportedly offers trading in precious metals like gold and silver, as well as spot energies such as Brent Oil and WTI. However, there is no mention of cryptocurrency trading on their platform.
The platform claims to provide unique advantages such as no commission on trades, instant deposits, and fast withdrawals. However, user reviews indicate that withdrawal issues may be prevalent, undermining these claims.
Cloud-Deck FX operates without any regulatory oversight, which is a significant red flag for potential investors. The absence of licenses from respected bodies like the FCA or ASIC raises concerns about the platform's legitimacy.
The company is registered as CDF of Stock Group Limited, but its operational structure is not clearly defined, leading to questions about accountability and transparency.
Cloud-Deck FX claims to hold client funds in tier 1 banks; however, without regulation, there are no guarantees regarding the safety of these funds. This lack of investor protection is a significant risk.
The platform appears to target a global audience but primarily operates in regions where regulatory scrutiny is less stringent. This approach may attract clients looking for higher leverage but exposes them to potential risks.
Cloud-Deck FX has not provided any information regarding compliance history, and the absence of regulatory oversight means there is little accountability for its operations.
Cloud-Deck FX positions itself as a low-cost alternative for traders seeking high leverage and diverse trading options. However, its lack of regulation and negative user feedback significantly hampers its competitive positioning.
The primary differentiation factor for Cloud-Deck FX is its claim of offering ultra-low spreads and a wide range of trading instruments. However, the actual execution and reliability of these claims are questionable due to the lack of regulatory oversight and negative reviews from users.
In conclusion, while Cloud-Deck FX presents itself as a promising trading platform with a wide array of services, significant concerns regarding its lack of regulatory oversight, transparency, and user feedback must be carefully considered. Potential investors are advised to conduct thorough research and consider safer, regulated alternatives before committing funds.
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