CFD Capital
Basic Information
Pros and Cons
Pros
- User-friendly MetaTrader 5 platform
- Responsive customer support
- Demo account available for practice
- Access to Forex, commodities, indices, and CFDs
Cons
- Lacks valid forex licenses
- Withdrawal process complexity reported
- Limited customer support options
- Concerns about regulatory compliance
Is CFD Capital Safe and Legit?
CFD Capital, founded in 2020 and registered in Cambodia, operates within the financial trading sector, specializing in Forex, commodities, indices, and CFD trading. The firm utilizes the MetaTrader 5 platform, providing a user-friendly experience with a competitive trading environment. Its offerings include limited leverage and spreads, catering to a diverse clientele with different trading needs.
CFD Capital claims to be regulated by SERC; however, it currently lacks valid forex licenses, raising concerns about its regulatory status. Consequently, the broker is considered to present a higher risk and may not be fully compliant with industry standards, warranting caution from potential clients.
In the market, CFD Capital has received mixed reviews from users. While some praise its responsive customer support and ease of use, others point out issues with the complexity of its platform and withdrawal processes. Overall, the broker’s reputation appears to be hampered by frequent complaints regarding transparency and regulatory legitimacy, with users urging prospective traders to exercise caution before engaging with the platform.
Is CFD Capital a Regulated Broker?
What Are the Regulatory Licenses Held by CFD Capital?
CFD Capital claims to be regulated by SERC; however, it currently lacks valid forex licenses. Therefore, it does not hold any mainstream or offshore licenses, raising concerns about its regulatory status and compliance with industry standards. Potential clients should be aware of the higher risks associated with trading through this broker due to its lack of regulatory oversight.
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
CFD Capital does not provide specific information regarding the protection of client funds or the use of independently regulated bank accounts. As the broker lacks valid regulatory licenses, details about any investor compensation funds or insurance schemes are also not available, raising concerns for traders about the security of their investments.
CFD Capital Leverage
CFD Capital does not disclose maximum leverage multiples by product category or any distinctions between account configurations. Due to its lack of valid regulatory oversight, it is unclear whether the leverage offered complies with local legal limits or the applicable client classifications of retail and professional traders.
CFD Capital Withdrawal Review
How to Contact CFD Capital?
CFD Capital has received mixed user reviews, particularly concerning withdrawal issues. Many complaints focus on the complexity of the withdrawal process, with users reporting delays and difficulties in accessing their funds. Credible sources of complaints include various online trading forums and review platforms where users share their experiences. While the broker has responsive customer support, the resolution times for withdrawal complaints appear to be inconsistent. There are repetitive issues reported, particularly regarding transparency in the withdrawal process. The broker’s lack of regulatory oversight raises concerns about its legitimacy and compliance, prompting users to exercise caution.
Frequently Asked Questions
A1: CFD Capital claims to be regulated by SERC; however, it currently lacks valid forex licenses. This raises concerns regarding its legitimacy and compliance with industry standards, warranting caution from potential clients.
A2: CFD Capital does not provide specific information about the protection of client funds or the use of independently regulated bank accounts. Due to its lack of regulatory licenses, details about any investor compensation funds or insurance schemes are also unavailable.
A3: CFD Capital has received mixed reviews concerning its withdrawal process, with many users reporting delays and difficulties in accessing their funds. Complaints regarding transparency in the withdrawal process are also common.
A4: You can contact CFD Capital’s customer support via email at info@cfdcaps.com.kh for general inquiries and admin@cfdcaps.com.kh for administrative concerns. The broker operates from its physical location in Phnom Penh, Cambodia.
A5: CFD Capital offers a variety of trading products, including Forex, commodities, indices, and CFD trading. However, it does not support stock or cryptocurrency trading.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.