CED Capital Ltd foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.cedcapitalltd.com/real, about the company's legal and temporary regulatory information, the company's address 47/48 Piccadilly, London, United Kingdom, W1J 0DT.
CED Capital Ltd Forex Broker
Basic Information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Rating Index
Ced Capital Ltd Forex Broker - Complete Information Guide
1. Broker Overview
Ced Capital Ltd, established in 2022, operates as a financial services provider specializing in forex trading, commodities, indices, and stocks. The company's headquarters is reportedly located in the United Kingdom, although specific addresses have been described as unverified or potentially misleading. Ced Capital Ltd is a privately held company, aiming to serve both retail and institutional clients in the global trading market.
The broker claims to provide a range of trading opportunities, including various forex pairs and CFDs on commodities and stocks. However, the company has faced scrutiny regarding its operational legitimacy, with numerous user reviews indicating dissatisfaction and allegations of fraudulent activities. The development of Ced Capital Ltd has been marked by rapid growth in its client base, but it has also encountered significant challenges regarding its regulatory status and customer trust.
Ced Capital Ltd operates primarily in the retail forex market, offering services to individual traders looking to engage in speculative trading. The company presents itself as a platform for both novice and experienced traders, although the lack of transparency around its operations raises concerns.
Ced Capital Ltd broker operates under a business model that emphasizes accessibility to trading tools and educational resources, yet it has been flagged in various reports for potential scams, making it a contentious player in the forex brokerage space.
2. Regulatory and Compliance Information
Ced Capital Ltd operates without any valid regulatory oversight, which is a significant red flag for potential investors. The primary regulatory authority in the UK, the Financial Conduct Authority (FCA), has issued warnings against Ced Capital Ltd, identifying it as a clone firm that misuses the credentials of a legitimate broker. The FCA has not assigned any regulatory number to Ced Capital Ltd, and it has not been registered as a legitimate financial services provider.
The lack of regulation means that clients do not enjoy the protections typically afforded by regulatory bodies, such as the Financial Services Compensation Scheme (FSCS), which protects client funds in the event of a broker's insolvency. Furthermore, there is no evidence of customer funds being held in segregated accounts, which increases the risk for investors.
Ced Capital Ltd has also been criticized for its inadequate Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. The absence of proper verification processes during account registration raises concerns about the security and legitimacy of its operations.
3. Trading Products and Services
Ced Capital Ltd offers a variety of trading products, primarily focusing on forex trading. The broker claims to provide access to numerous currency pairs, including major, minor, and exotic pairs. Additionally, it offers CFDs on various asset classes, including:
- Indices: Major global indices such as the FTSE 100 and DAX 30.
- Commodities: Trading options on gold, silver, and agricultural products.
- Stocks: Access to CFDs on popular stocks like Amazon and Alibaba.
- Cryptocurrencies: Limited offerings in digital currencies, although the legality of such products in the UK is questionable.
While the broker claims to have a comprehensive list of trading instruments, user reviews suggest that the actual product range may be limited and not as diverse as advertised. The frequency of product updates and the introduction of new trading instruments have not been clearly communicated to clients, leading to further skepticism about the broker's offerings.
The retail trading services provided by Ced Capital Ltd cater to individual traders looking to capitalize on market movements, while any institutional services or white-label solutions have not been explicitly mentioned in available documentation.
4. Trading Platform and Technology
Ced Capital Ltd utilizes a web-based trading platform known as WebTrader, which lacks the advanced features commonly found in industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The platform offers basic functionalities for placing trades and monitoring market conditions but does not support algorithmic trading or extensive customization options.
There is no indication that Ced Capital Ltd supports MetaTrader 4 or 5, which are widely regarded as essential tools for serious traders due to their comprehensive analytical capabilities and user-friendly interfaces. The absence of mobile trading applications for both iOS and Android further limits the accessibility of trading for clients who prefer to manage their investments on-the-go.
The execution model employed by the broker remains unclear, with no specific mention of whether it operates as an ECN (Electronic Communication Network), STP (Straight Through Processing), or market maker. The lack of transparency regarding server locations and technical infrastructure raises concerns about the reliability and speed of trade executions.
5. Account Types and Trading Conditions
Ced Capital Ltd offers several account types, each with varying conditions:
- Starter Account: Requires a minimum deposit of €1,000, with spreads starting from 0.8 pips and leverage up to 1:200.
- Light Account: Requires a deposit of €5,000, offering leverage up to 1:300 and lower spreads.
- Medium Account: Requires a deposit of €10,000, with leverage up to 1:400 and spreads starting from 0.5 pips.
- VIP Account: Tailored to individual needs, but specific details are not disclosed.
The minimum trade size and overnight fees are not clearly defined, which may lead to unexpected costs for traders. The absence of a demo account for practice trading is another drawback, as it prevents new traders from familiarizing themselves with the platform before committing real funds.
6. Fund Management
Ced Capital Ltd supports several deposit methods, including bank transfers, credit cards, and cryptocurrency deposits. The minimum deposit requirement varies by account type, starting at €1,000 for the starter account.
Processing times for deposits range from instant for credit cards to 2-5 business days for bank transfers. However, specific details regarding deposit fees and withdrawal methods remain vague. User reviews indicate that clients often face challenges when attempting to withdraw funds, with reports of delays and potential fees that could be as high as 30% of the withdrawn amount.
Withdrawals are claimed to be processed within 5 business days, but many users have reported difficulties in accessing their funds, raising concerns about the broker's reliability in handling client money.
7. Customer Support and Educational Resources
Ced Capital Ltd offers customer support through various channels, including phone, email, and an online contact form. The support operates 24/7, catering to a global client base. However, the quality and responsiveness of customer service have been questioned in user reviews.
The broker provides limited educational resources, with claims of offering webinars, tutorials, and market analysis. However, detailed information about the types of educational content available is scarce, leading to skepticism about the actual support provided to traders.
8. Regional Coverage and Restrictions
Ced Capital Ltd primarily targets clients in the European and Asian markets, although specific details about its operational regions remain unclear. The broker has not explicitly stated which countries it does not accept clients from, but the lack of regulatory oversight may deter clients from certain jurisdictions.
Overall, potential investors should exercise caution when considering Ced Capital Ltd as their trading partner. The numerous reports of fraudulent activities and the absence of regulatory protection highlight the risks associated with trading through this broker.
In conclusion, while Ced Capital Ltd offers a range of trading products and services, the lack of regulation and negative user feedback suggest that it may not be a reliable choice for traders seeking a secure and trustworthy trading environment. Always consider opting for regulated brokers with a proven track record to ensure the safety of your investments.
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Riley Phillips
Morocco
Starting with the spreads, they were far higher than what I'd expected, particularly when it came to indices like NASDAQ and S&P500. While other brokers typically offer spreads around 1 to 2 points for these indices, with CED Capital Ltd, I was confronted with a staggering spread of up to 7 points. It was as if I had signed up for a sprint but unknowingly ended up in a marathon, draining more of my resources than anticipated. As the wall of complications built up, I reached out to their customer support services, hoping for some rescue. But alas, I was met with responses that were as slow as the evolution of geological formations. More often than not, I was left waiting for days, feeling increasingly stranded on a deserted island of technical glitches and confounding spreads. Speaking of glitches, the trading platform was an arena of its own issues. Frequent lags and disruptions were as common as speed bumps on a countryside road, interrupting smooth trading sessions. It was like working on a faulty computer that freezes just when you are about to save an important document.
37130
2023-10-12