When you are thinking of entering the trading market, you have to find a broker to begin. Selecting a good broker can be very difficult in this day and age. While technology has advanced significantly to help make it easy for people to do their search, it has also assisted a lot of individuals and websites to come up with very smart and tricky scams. Therefore, it is of the utmost importance that when you are choosing a broker, you make this decision based on research and not rely on technology or anyone else to help you make a decision. When you are looking at a broker, don’t be afraid of asking bold questions like whether they are a scam or not.
The best way to go about choosing a broker is to regard every broker you come across as a scam until proven otherwise. CFD Global FX is one of the brokers that you will find during your search. To decide whether the broker is a good choice for you or not, consider CFD Global FX scam from the get go and then look for features that prove otherwise.
Introduction to CFDGlobalFX
CFD Global FX is a rapidly growing broker that is dedicated to providing traders the necessary expertise and resources for an optimal trading experience. The doubts about CFD Global FX scam can be cleared right away when you discover that this is a CySEC (Cyprus Securities and Exchange Commission) regulated broker and is also registered with BAFIN (DE), FCA (UK) and KNF (PL).
The core aim of the European broker is to provide their clients with a secure and sophisticated trading environment that can serve their needs. They have also incorporated the latest technologies for providing a secure and impeccable trading experience.
As a matter of fact, one of the major priorities of the broker is to provide their traders with complete pricing transparency while also offering them with competitive trading conditions like fast execution and tight spreads. CFD Global FX has built a strong reputation as it has aligned its services and offerings to the demands of its customers and offering a huge range of CFD (Contracts for Difference) instruments for trading, along with Education Resources, avant-garde platforms and a dedicated multilingual customer support team.
Is CFDGlobalFX Scam? The best way to find the answer to this question is by considering the different features of the broker. Let’s have a look at what it has to offer:
- A horde of assets to select from
CFD Global FX provides traders with a complete trading experience by offering them the ability of trading a horde of assets. There are more than 2,100 instruments available and they are all spread across a range of markets. These include forex, ETFs, indices, bonds, shares and commodities.
If you decide to invest in the forex market, there are more than 50 currency pairs available with high liquidity and low spreads and trading can be done 24 hours a day. The trading conditions for the assets may vary, but the market hours are the same for them. The best thing about this broker is that it offers tight spreads and doesn’t charge any commission on deposits and withdrawals.
- Multifunctional and cutting-edge trading platforms
When you opt for CFD Global FX, every trader will be able to choose from 2 trading platforms and they are both available on tablet, desktop and mobile. These two trading platforms include Web Trader and MetaTrader 5.
WebTrader is a multifunctional and high-powered trading platform that allows traders to trade a multitude of instruments and gives them access to Trading Central, technical and analytical tools and lots more. You don’t have to worry about CFD Global FX scam because it offers negative balance protection, which means you will not lose more funds than what you have invested. Trading Central is a technical analysis tool that provides indicators for numerous assets. There are third party tools that are also provided via this trading platform like financial bloggers, hedge fund activity, daily analyst updates and active stocks by ‘Insiders’.
As for the MetaTrader 5, it is undoubtedly a popular platform amongst all traders because it enables them to keep connected to all markets through a customer-friendly user interface. Plus, it also gives them access to advanced analytics along with powerful features like real-time symbol quotes, 2000 free custom indicators, innovative customization tools, 9 timeframes, market watchlist and 30 built-in indicators.
- A wide range of account types
There is a dedicated page on CFDGlobalFX’s website regarding the account types they offer and each of them have their own characteristics. There are a total of three account options that you will find with the broker, which are Essential, Original and Signature. The deposit requirements for these three accounts are $1,000, $5,000 and $25,000, respectively. These accounts offer you daily analyst recommendations, daily market review and financial research, demo accounts, access to dual trading platforms and round the clock customer support.
Other than these accounts, traders also have the option of opening a regular account with CFD Global FX and this requires a $250 deposit.
- A multilingual and dedicated support team
One of the most important things to know about CFD Global FX is that they have a multilingual customer support team for assisting their clients 24/5. Any trader who has a problem or a question can get in touch with their team through email, Live Chat or phone. Since the broker follows a customer-centric approach, they have also provided clients with toll-free numbers in a number of European countries.
If you are worried about CFDGlobalFX scam, then you don’t need to be concerned because it is a regulated and trusted broker that has committed to ESMA’s (European Securities and Markets Authority) regulations. The broker is also dedicated to meeting the highest standards of transparency and ethical trading and to ensure that client funds are kept safe, making it the best option for any trader. If you feel that you have been scammed by the broker nonetheless then you are welcome to visit our Investment and Trading Scams page, for more information or visit our contact page to get help.