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CFD Global Forex Broker provides real users with * positive reviews, 2 neutral reviews and * exposure review!

CFD Global Broker Review

1.55

WikiFX monitor

Business

Influence E

License

CYSEC Suspicious Clone

CFD Global Review 2

Latest All(2) Neutral(2)
Neutral

Good spreads and execution on forex pairs. But the margin requirement for indices is too high and makes it too risky to trade, would be better if micro-lots are introduced for indices as well. Also integration with tradingview would be great, since that is where majority of traders do their charting, with all the top brokers over there.

Seven Young
2024-08-26
Neutral

Hey friends, the CFD Global website is no longer valid.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.

Wong Ha Leong
2023-02-20

  

CFD Global 2025 Review: Everything You Need to Know

  CFD Global has garnered a mixed reputation in the trading community, with various sources providing insights into its operations, user experiences, and regulatory standing. Overall, the consensus indicates that while CFD Global offers a range of trading options, potential users should exercise caution due to concerns about regulatory credibility and customer service issues. Key findings suggest that the broker has competitive trading conditions but is marred by high spreads and limited payment options.

  Note: Its important to recognize that CFD Global operates under different entities in various regions, which may affect the level of service and regulatory oversight. This review aims to present a balanced perspective based on multiple sources.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 5
Customer Service and Support 4
Trading Setup (Experience) 6
Trustworthiness 5
User Experience 5
Additional Features 4

  How We Rate Brokers: Our ratings are based on comprehensive research and analysis of user experiences, expert opinions, and factual data regarding broker operations.

  

Broker Overview

  Founded in 2016, CFD Global is operated by Key Way Investments Ltd, a company based in Cyprus. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), which is a notable regulatory body within the European Union. CFD Global offers trading on popular platforms such as MetaTrader 5 (MT5) and WebTrader, providing access to a variety of asset classes, including forex, commodities, indices, and cryptocurrencies. However, it is essential to note that the broker does not accept clients from certain jurisdictions, including the USA, Canada, and Japan.

  

Detailed Information

  • Regulated Regions: CFD Global is primarily regulated in Cyprus under CySEC, which allows it to operate across the European Economic Area.
  • Deposit/Withdrawal Currencies: The broker supports multiple currencies, including USD, EUR, and GBP, but lacks support for popular e-wallets like Skrill and Neteller.
  • Minimum Deposit: The minimum deposit requirement is reported to be $1,000, which is relatively high compared to other brokers in the market.
  • Bonuses/Promotions: There are no significant bonuses or promotional offers highlighted in the reviews, which may limit the appeal for new traders looking for incentives.
  • Asset Classes: CFD Global provides access to over 55 currency pairs, indices, commodities, and cryptocurrencies, appealing to a diverse range of trading strategies.
  • Costs: The spreads are reported to be relatively high, averaging around 3 pips for major pairs, which can impact profitability.
  • Leverage: The maximum leverage offered is up to 1:300, which is considered high but may increase risk for retail traders.
  • Allowed Trading Platforms: The main platforms available for trading are MetaTrader 5 and WebTrader, both of which are widely used in the industry for their comprehensive features.
  • Restricted Regions: CFD Global does not accept clients from Japan, Canada, and the USA, which may limit its global reach.
  • Customer Service Languages: Customer support is available in multiple languages, including English and German, but reviews indicate that response times can be slow.

  

Rating Breakdown

  

Account Conditions: 6/10

  CFD Global offers a single account type with a minimum deposit of $1,000, which is relatively high compared to other brokers. However, the absence of tiered accounts may be a drawback for traders looking for more flexibility in trading conditions.

  

Tools and Resources: 5/10

  While the broker provides access to trading tools and resources, the overall offering is limited. Expert analysis and educational materials are not prominently featured, which may hinder the learning experience for novice traders.

  

Customer Service and Support: 4/10

  User reviews highlight significant issues with customer service, particularly regarding response times and the quality of support provided. This raises concerns about the overall reliability of the broker when issues arise.

  

Trading Setup (Experience): 6/10

  The trading experience on platforms like MT5 is generally well-received, with users appreciating the extensive tools available. However, the high spreads can detract from the overall trading experience, especially for day traders.

  

Trustworthiness: 5/10

  Despite being regulated by CySEC, there are mixed reviews about CFD Global's reliability. Some sources have flagged concerns about withdrawal issues and the overall transparency of the broker, which could affect user trust.

  

User Experience: 5/10

  Overall user experiences vary significantly, with some traders reporting satisfactory service while others express frustration with the platform and customer support. This inconsistency can be a deterrent for potential clients.

  

Additional Features: 4/10

  CFD Global lacks additional features such as comprehensive educational resources or advanced trading tools that are often found with other brokers. This could limit its appeal to more experienced traders looking for a robust trading environment.

  In conclusion, while CFD Global offers a range of trading opportunities, potential users should carefully consider the mixed reviews and regulatory concerns before committing their capital. Always conduct thorough research and consider alternative brokers that may offer better conditions and support.