Review of CFD Global Online Trading Broker
Established in 2016, CFD Global is a Cypriot based broker that is managed by a company called Key Way Investments Limited. The broker’s operations are regulated by the Cyprus Securities & Exchange Commission under the CIF license number 292/16. The head office of CFD Global is located at #2 Sofouli Street, Chanteclair Building, 6th Floor, Office 602, Nicosia, Cyprus.
As a CySEC-regulated broker, traders at CFD Global are covered under the Investor Compensation Fund (ICF) in the event that the broker is rendered insolvent. And, despite being a newly established broker, CFD Global is already earning a positive reputation for being a reliable and trustworthy online trading broker.
- Minimum deposit: $100
- Max Leverage: 1:30
- Spread: Fixed
- Forex Licenses: CySEC
Forex Account Types at CFD Global Broker
CFD Global offers three main types of trading accounts, namely CFD Global Essential, CFD Global Original, and CFD Global Signature.
The CFD Global Essential trading account is geared towards beginner traders. It requires a minimum deposit of $1000 to open and offers access to the CFD Global WebTrader and MT5 trading platform. The account also allows you to access a demo account. Other features of this trading platform include free daily market reviews and research, limited access to the video library, and third-party daily market recommendations. Account holders will also be attended to twice a week by a dedicated account representative.
To open a CFD Global Original trading account, you’ll need a minimum deposit of $5,000. Features of the account include free daily market reviews and researches, personal attention by a dedicated account representative three times a week, limited access to the video library, daily market recommendations from third parties, and open access to research. The account also offers more attractive trading conditions.
Lastly, the CFD Global Signature account is the premium account for traders who want more than the standard offering. It requires a minimum deposit of $25,000 and comes with all the benefits of the CFD Global Original trading account and more. Additional benefits of the CFD Global Signature account include access to Trading Central, SMS notification from Trading Central, and face-to-face interaction with a dedicated account rep.
All the above-mentioned accounts offer CFD Global traders access to more than 2000+ types of instruments. They cover different asset classes such as Bonds, Commodities, Cryptocurrencies, ETFs, Forex, Indices, and Shares.
What’s On Offer at CFD Global?
CFD Global specializes in offering its clients trading opportunities with just CFDs. The broker does not offer spot market trading. With the CFDs offering, traders at CFD Global have access to 50+ forex pairs, 4 types of bonds, 19 types of commodities, 6 types of cryptos, 2000+ stocks, 30+ ETFs, and 26 international indices.
What Trading Platforms Are Available at CFD Global?
The trading platforms at CFD Global comprise the WebTrader and MetaTrader 5 trading platforms. With the WebTrader, CFD Global’s traders can access the financial markets immediately without having to download any proprietary software to install onto their desktop computers. Instead, they just access the WebTrader with any normal web browser. The WebTrader is designed for ease of use and requires no formal training to operate. Features of the trading platform include the following:
- Advanced charts
- Customizable layouts
- Negative balance protection
- Risk management tools
- Sophisticated analytical tools
- Trading Central
- User-friendly interface
The second trading platform offered by CFD Global is the MetaTrader 5 (MT5) trading platform. The MT5 platform was designed specifically to cater to CFD trading. Developed by MetaQuotes Software, the MT5 offers:
- 30 built-in indicators
- 9 timeframes
- Access to 2,000 free custom indicators
- Customizable tools
- Easy-to-access control panels
- Instant execution
- Intuitive navigation interface
- Multi-window views
- Watch list
Both versions of the trading platforms provided by CFD Global come with Android and iOS mobile apps. In other words, CFD Global traders can trade from anywhere in the world where they have internet access.
News and Education at CFD Global
In the areas of news and trader education, most brokers find it difficult to stand out unless they can tap into the kind of resources which the big players in the industry have access to. It is fair to say that the content of CFD Global’s educational academy is pretty modest. The educational content of the academy consists of 1 ebook, 14 beginner-level training videos, and 24 advanced training videos.
For the news section, the coverage is pretty impressive though. Traders are given a daily summary of what has been happening in markets around the world. The news section also has feature articles which provide traders with better insights into the developments in the financial markets.
From our observation, CFD Global has managed to deliver what it has set out to do. One of the primary goals of the broker has been to equip its traders with all the tools they need to trade the financial markets. In this department, the broker has succeeded with its provision of the powerful MT5 trading platform and its advanced proprietary WebTrader. Another goal of CFD Global has been to provide traders with an “optimal trading environment”. Again, the broker has been successful in this regard as the broker is well regulated by CySEC.
Can I trust CFD Global?
Yes, CFD Global can be trusted as it is regulated by CySEC, a MiFID-compliant regulatory agency.
How do I open a CFD Global account?
To open a trading account at CFD Global, click on the green “Start Trading” button located at the top right-hand corner of CFD Global’s homepage. Next, fill out all the required fields in the registration form and then click “Create Account”.
Is CFD Global a scam?
No, CFD Global is not a scam broker. It is a bona fide CFD broker that is regulated by CySEC, one of the top-tier financial regulators in Europe. In addition, the broker has won many awards that bear testimonials to the high-quality services it provides.
How do I get a premium account at CFD Global?
To obtain a premium account at CFD Global, you need to first meet the minimum deposit requirement for the CFD Global Signature account, which is $25,000.
|Languages||English, Italian, Spanish, German, Russian, Polish, Czech, Arabic|
|Deposit Methods||Visa, Mastercard, Neteller, Skrill, Maestro, Trustly|