The Official Website Of CGFX - Https://www.cg-fx.co.uk/is Currently Unavailable. Therefore, We Can Only Collect Relevant Information From The Internet To Present A General Picture Of This Broker.
CGFX Information
CGFX Holds A Suspicious Clone License From The Financial Conduct Authority (FCA) In The UK, Which Allows Clients To Trade Accounts Using Different Features, Such As Standard And VIP Accounts, Requiring A Minimum Deposit Of $500 And $20,000 Respectively. The Brokerage Offers Competitive Leverage Options, As Well As Fixed And Floating Spreads From 1.7 Pips And 0.5 Pips Depending On The Account Type. In Addition, CGFX Uses The MetaTrader 4 (MT4) Platform.
Pros And Cons
Pros:
Competitive Leverage Options: CGFX Offers High Leverage Options (up To 1:400 For Standard Accounts And 1:200 For VIP Accounts) That Can Amplify Trading Gains And Are Attractive To Both Experienced Traders And Large Investors.
Multiple Account Types: CGFX Offers Both Standard And VIP Accounts That Cater To Different Levels Of Traders, With Different Minimum Deposit Requirements ($500 For Standard Accounts And $20,000 For VIP Accounts), Providing Flexibility Based On Trading Experience And Investment Size.
MetaTrader 4 Platform: CGFX Uses The Well-known MetaTrader 4 (MT4) Platform, Known For Its User-friendly Interface, Comprehensive Charting Tools, And Security Features.
Convenient Customer Support: CGFX Provides Customer Support Through Multiple Channels (phone, Email, QQ), Ensuring That Customers Can Conveniently Access Assistance.
Cons:
Regulatory Issues: CGFX Operates Under The FCA's Suspect Clone License, Raising Questions About Its Legality And Regulatory Compliance. The Previous Revocation Of Its FSPR License Has Further Increased Concerns About Regulatory Oversight And Customer Protection.
Website Not Functioning Properly: Website Not Functioning Properly Indicates A Lack Of Professionalism Or Operational Problems With The Company.
Account
For Standard Account Accounts, The Minimum Deposit Requirement Is 500 Dollars, Suitable For Novice Traders And Those Looking To Start With A Modest Investment. This Account Type Offers Competitive Trading Conditions And A Variety Of Financial Instruments.
In Contrast, CGFX's VIP Account Option Requires A Minimum Deposit Of $20,000 And Caters To Both Experienced Traders And High Net Worth Individuals, Offering Value-added Benefits Such As A Higher Leverage Ratio Of Up To 1:200, Personalized Support Services And Advanced Trading Tools.
Leverage Ratio
CGFX Offers A Competitive Maximum Leverage Ratio Option. For Standard Account Accounts, Clients Can Access Leverage Ratios Of Up To 1:400, Providing Enhanced Trading Potential By Amplifying Capital Efficiency. For VIP Account Accounts, Jiehui Offers Leverage Ratio Options Of Up To 1:200, Allowing Experienced Traders And High Volume Investors To Optimize Their Strategies With Greater Flexibility And Margin Control.
Spreads
For Standard Account Accounts, CGFX Offers Fixed Spreads Starting At 1.7 Pips, Ensuring Transparency And Predictability Of Trading Costs, Which Is Very Beneficial For Traders Who Put Stability In Their Trading Methods. On The Other Hand, CGFX's VIP Account Features Floating Spreads Starting At 0.5 Pips, Ideal For Experienced Traders And Institutions Seeking Tighter Spreads And Lower Trading Costs In Volatile Market Conditions.
Trading Platform
CGFX Enhances Its Trading Experience With The Acclaimed MetaTrader 4 (MT4) Platform. MT4 Is Known For Its User-friendly Interface, Powerful Charting Tools And Customizable Features For Seamless Trading In The Forex, Commodities, Indices And Precious Metals Markets. In Addition, MT4's Robust Security Measures Ensure The Security Of Client Transactions And Data, Providing Peace Of Mind For Fast-paced Financial Marekts.
Client Server
CGFX Offers A Comprehensive And Convenient Customer Support Network. Their Support Team Can Be Contacted Through Different Channels For Ultimate Convenience.
Tel: 85237579521
QQ: 1763359635
Email: Support@cg-fx.co.uk
