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Updated on January 29, 2024

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Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding CFD Corporate due to the issues we've identified.


Is CFD Corporate Scam or Legit Broker? ▲

Upon thorough investigation, CFD Corporate has been flagged as a potentially fraudulent broker. The lack of registration and authorization raises significant concerns, casting doubt on the legitimacy of their operations. Our inquiries have revealed that the company's provided address is unverified, suggesting that CFD Corporate may be conducting its business from an undisclosed location. Such obscurity and lack of transparency are alarming indicators that suggest the potential for scam activities.


What is CFD Corporate? ▲

CFD Corporate presents itself as a broker specializing in Forex and CFDs, claiming to operate out of Switzerland. However, it lacks regulation by the Swiss Financial Market Supervisory Authority, which is a critical red flag. The broker is purportedly run by Mpower Technologies Ltd, a firm based in Cyprus that also lacks proper regulatory oversight. Despite the allure of Cyprus for brokerage firms due to favorable tax treatments and relatively low operational requirements, CFD Corporate has not secured the necessary CySec license, further undermining its credibility. The absence of such regulation not only questions the broker's legality but also its commitment to protecting investor interests.


Conclusion ▲

Our exhaustive review, part of a broader analysis of over 1000 brokers, has led us to strongly discourage trading with CFD Corporate. The absence of regulatory oversight by reputable authorities such as the FCA in the UK or ASIC in Australia is a glaring issue that cannot be overlooked. Traders are urged to deal only with brokers that adhere to stringent regulatory standards, ensuring a secure and transparent trading environment. In light of the recent discovery that CFD Corporate's operations have ceased, and its website is unreachable, the recommendation to avoid offshore-based brokers due to their regulatory instability and questionable practices becomes even more pertinent.


When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.

CFD Corporate

IG

Swissquote

Ranking

Is it safe?

Advantages

None

No

Low Fees

Yes

⭐⭐⭐⭐⭐

Education

Yes

⭐⭐⭐⭐⭐

Compare CFD Corporate with its peers

CFD Corporate

IG

Swissquote

Ranking

Is it safe?

Advantages

None

No

Low Fees

Yes

⭐⭐⭐⭐⭐

Education

Yes

⭐⭐⭐⭐⭐

Compare CFD Corporate with its peers

CFD Corporate
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In a Snapshot

Name: CFD Corporate

Website: www.cfdcorporate.com

Reason to avoid: No license

Date: June 28, 2018

⚠️Caution: CFD Corporate operates as an unregulated broker, making it UNSAFE for trading activities.⚠️

CFD Corporate Review 2024

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