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CFD Global FX Review and Tutorial 2021

We do not recommend this Broker.
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Facts & Figures

CFD Global FX is an offshore broker offering trading on multiple financial markets.

Awards

N/A

Bonus None
Instruments Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account Yes
Min. Deposit $500
Pay Methods Credit Card, Visa, Wire Transfer
Min. Trade 0.01 lots
Regulated By None
MetaTrader 4 No
MetaTrader 5 No
cTrader No
ECN Account No
DMA Account No
Mobile Apps Yes
Auto Trading Yes
Social Trading No
Copy Trading No
Trade Signals No
Islamic Account No
CFD
FTSE Spread Floating
GBPUSD Spread Floating
Oil Spread Floating
Stocks Spread N/A
Leverage 1:500
Forex

Buy and sell major, minor and exotic FX pairs.

GBPUSD Spread Floating
EURUSD Spread Floating
EURGBP Spread Floating
Assets 44
Cryptocurrency

Trade on crypto cross pairs with leverage.

Spread Floating
Coins BTC
Risk Warning – Your capital is at risk

CFD Global FX is a broker contribution trading on a few markets, including forex, indices and commodities. This review takes a gander at the organization’s trading application and expenses, just as guidelines and installment strategies. See whether you ought to log in with a CFD Global FX account today.

CFD Global FX Ltd Details 

CFD Global FX is an unregulated STP broker professing to offer available record types with cutthroat trading conditions. Regardless of this, the broker isn’t straightforward about their organization subtleties, with no clearness on enlisted area or history. 

The broker offers a scope of assets, including FX, digital forms of money, commodities and indices, utilizing their restrictive trading stage.

CFD Global FX Client Terminal 

The supplier’s foundation is accessible for download or available directly from an internet browser. The product offers a customizable interface, with particular trading highlights, including 23 dialects, live statements and upgraded graphing usefulness. There’s likewise a full scope of request the board devices, trading history, in addition to pre-customized scientific instruments. 

Likewise, the stage upholds algorithmic trading systems utilizing trading robots, which permit you to trade the markets 24/5 without mediation.

Markets 

CFD Global FX offers more than 70 trading assets, which incorporates 44 FX sets, four valuable metals, in addition to a choice of commodities, digital forms of money and indices. While a nice blend of assets, customers need to open a record before seeing item explicit subtleties.

Spreads & Commission 

Spreads are not severe at CFD Global FX, going from 1.4 to 1.8 pips with the Standard record. ECN spreads from 0.0 pips are accessible with the Premium record. However, you would require a $10,000 beginning store to get to these. 

Luckily, there are no commissions with the Micro and Standard records. In the Premium ECN account, commissions are $10 per round turn. 

The broker isn’t straightforward with trading conditions as a rule, so it merits reaching the client service group for additional subtleties on charges.

Leverage Review

The most significant leverage accessible is 1:500 in the Micro record. As far as possible in the Standard and Premium records are 1:400 and 1:100 individually. These are high rates and permit clients to take huge situations with insignificant money expenses. Be that as it may, while an enticing suggestion, such high leverage can likewise expand possible misfortunes.

Mobile Trading

CFD Global FX offers the mobile variant of its foundation, which is viable with both Android and Apple gadgets. The application accompanies more than 20 markers, a wide range of requests, continuous trading from the live tick outline and full record the board highlights. The application is not difficult to download from the Play Store or App Store. 

Payment Methods 

CFD Global FX offers subsidizing through bank transfers and credit/charge cards. Handling times for withdrawals will, in general, take 2 – 5 workdays. The broker professes to offer free stores and withdrawals. However, traders should check for any extra charges with their bank or card supplier. 

Stores and withdrawals can be mentioned from inside the customer region. Traders should finish a printable structure for withdrawals which this review was frustrated to see.

Demo Account 

CFD Global FX offers a training account with $1,000 pre-stacked virtual assets, accessible for a limitless time frame. Novices can exploit the demo account on the off chance that they need to get comfortable with the trading stage. Demo accounts are additionally extraordinary for experienced traders who need to rehearse their abilities.

CFD Global FX Bonuses 

At the hour of composing, CFD Global FX doesn’t offer any rewards or special arrangements. Traders should check the broker’s site for any forthcoming offers.

Licensing Review 

CFD Global FX isn’t authorized with an administrative position, which raises a few worries around security. The broker is likewise not straightforward about their organization history or enlisted area. With this secrecy and absence of straightforwardness, we would caution traders to be cautious if considering this supplier as it very well might be a scam.

Additional Features 

Other than a financial schedule, CFD Global FX doesn’t offer any extra devices or instructive assets. Traders searching for a particular choice of assets are in an ideal situation joining somewhere else.

CFD Global FX Accounts 

There are three record types accessible at CFD Global FX: Micro, Standard, and Premium. 

The introductory base store in the Micro record is $500, which is genuinely steep for novices. The base trade size for the Micro and Standard records is 0.01 parts. There is sans commission trading with these two records, which offer the most significant leverage up to 1:500. 

The Premium record offers the tightest spreads, in addition to a Free VPS and a record administrator. Be that as it may, customers should store $10,000 to use the record’s advantages.

Pros 

Benefits of picking this broker include: 

  • Leverage up to 1:500 
  • Limitless demo account 
  • Without commission trading

Cons 

There are a few impediments to picking CFD Global FX: 

  • Unregulated 
  • No schooling or apparatuses 
  • No selection of stages 
  • Absence of straightforwardness on the site

Trading Hours 

General trading hours are 24 hours from Sunday at 23:00 GMT to Friday. You can discover only asset trading times inside the broker’s foundation.

Customer Support 

Lamentably, the best way to reach out to CFD Global FX is through email at support@cfdglobalfx.com. This is a worry, as veritable and dependable brokers typically offer some quick strategies for contact, for example, a live visit administration. Except if you’re willing to join with a broker that offers no phone backing or constant visits, it’s ideal to think about different suppliers.

Security 

The broker professes to follow global security conventions, utilizing 128-bit encryption on its foundation just as on the site. Clients won’t profit with negative equilibrium security, nonetheless.

CFD Global FX Verdict 

CFD Global FX professes to esteem quality, dependability and straightforwardness. In any case, our review has uncovered a remarkable inverse, with no straightforwardness around trading conditions and guidelines. This could indicate a phony organization, so we would suggest practicing alert on the off chance that you’re considering enlisting for a record.

Accepted Countries 

CFD Global FX acknowledges traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most different nations. 

Traders can not utilize CFD Global FX from United States, Japan.

Alternatives to CFD Global FX 

On the off chance that you are searching for options in contrast to CFD Global FX, we have arranged a rundown of the five leading brokers that are like CFD Global FX underneath. This rundown of brokers like CFD Global FX is set by similitude and incorporates organizations that acknowledge traders from your area. 

  1. Global Prime – Global Prime is a multi-managed trading broker contributing 100+ markets. 
  2. LegacyFX – LegacyFX is a multi-asset broker contributing an MT5 download and free signals. 
  3. Videforex – Forex broker Videforex acknowledges stores in the scope of cryptographic forms of money. Payouts reach 95% per trade. 
  4. FP Markets – FP Markets is a multi-asset broker contribution a decision of trading stages. 
  5. EagleFX – EagleFX is a famous trading broker contributing forex, stocks, cryptos and commodities.

FAQ

Is CFD Global FX a scam? 

The broker isn’t straightforward with their organization subtleties or enrolled address and subsequently could be a scam. Traders should check online reviews and client discussions for scam alarms. 

Is CFD Global FX controlled? 

CFD Global FX is an unregulated broker and thusly won’t furnish you with similar nature of insurance, also referred to specialists, like the Cyprus Securities and Exchange Commission (CySEC). 

What are record types offered at CFD Global FX? 

CFD Global FX offers three record types: Micro, Standard, and Premium ECN. The Micro and Standard records are sans commission. 

What amount of capital do I have to trade at CFD Global FX? 

You will require $500 to open a Micro record and up to $10,000 to open a Premium ECN account. 

How might I contact CFD Global FX? 

The best way to reach out to the broker is by messaging support@cfdglobalfx.com. Live visit and phone support aren’t advertised.

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