The Official Website Of CFD Merchants Cannot Be Accessed Normally At This Time. The Company Appears To Have Closed Down. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-03-24 We Have Reviewed And Confirmed That CFD Merchants Is An Unregulated Foreign Exchange Dealer
CFD Merchants Claims That Its Company Is Headquartered In Gde-Duchesse Charlotte, Luxembourg And Is Licensed To Operate By The Financial Supervisory Commission (CSSF). However, We Have Not Found Any Results In The CSSF That Match CFD Merchants. Obviously, CFD Merchants Is Not Regulated By Any Regulatory Authority. This Means That Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
2022-07-08 We Found That The CFD Merchants Webpage Has Expired
On July 8, 2022, We Found That: Https://cfdmerchants.com/This Domain Name Has Expired, It Is Very Likely That The Domain Name Has Been Suspended, Which Is A Bad Sign.
Since We Cannot Access The Broker's Website Now, We Cannot Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That CFD Merchants Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: CFD Merchants, As A, Unregulated Broker, Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
