✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker CfgTrades (also called cfgtrades.com), is a Forex and CFD broker. Is CfgTrades really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we review CfgTrades. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Inter Media Ltd.
As to its location, the broker mentions being based in: Saint Vincent and the Grenadines.
If we analyze the regulation of the broker: they do not mention being regulated. We believe that CfgTrades is an unregulated broker.
If now we go on to analyze account types offered by CfgTrades, we noticed that they offer 4 different types of account / plans: the Standard Account, the Standard Account (2), the Gold Account and the Premium Account. We leave an image with a little information about each type of account.
Standard Account- Minimum initial deposit of $ 250.
Standard Account (2): Minimum initial deposit of $ 2.500, live chat, access to all the functions of the financial platform.
Gold Account: minimum initial deposit of $ 20.000, live chat, access to all functions of the financial platform, more information on autochartist, SMS signals, VIP manager and individual hotline.
Premium account: minimum initial deposit of $ 50.000, live chat, access to all the functions of the financial platform, more information on autochartist, SMS signals, VIP manager and individual hotline, one-to-one special promotions, personal reports on the market of values.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that CfgTrades offers are: CfgTrades platform.
We will now analyze the different resources and aids for the trader that CfgTrades provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
CfgTrades provides the following aids or resources to traders or interested parties: some live charts, some news about financial events (albeit in English), really not much more than this.
| Other information about CfgTrades |
Some more information in case you want to contact the company, or see its website for yourself.
Website: cfgtrades.com
Telephone+ 44 203 7695067
Email: [email protected] and cfgtrades.com (Skype)
>>> Assessment on CfgTrades <<
Ending with this section, in our opinion Do we believe that the CfgTrades company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in unsafe countries, when looking for reviews about CfgTrades we really did not find any other reviews, which makes us think that it is a broker without a track record. We suggest using caution. The CNMV (Spanish financial regulator) has added CfgTrades to its black list of unauthorized brokers.
Attention XNUMX-hour: in September 2020 CONSOB added to CfgTrades to your list of fraudulent financial companies, for acting without authorization.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”435 ″]
CFG trades is a scam. You will never be able to recover the money invested, when you have invested an amount and they see that you no longer increase, you will not be able to access your account, nor will you be able to contact the support, nor will they respond to the mail and you will not have any phone number to call them and also , the web will disappear. I say it from experience
IT IS A WEB DESIGNED TO COLLECT AND DECEIVE, DOES NOT MAKE ANY INVESTMENT IN THE STOCK MARKET
Hi Santiago, thanks for asking about CfgTrades. The CfgTrades broker is a SCAM, they keep your money and do not return it. Do not send money, what they say is a lie. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our CHAT or this link: CLAIM YOUR MONEY, WE HELP YOU
Timing is important, the less you wait the better.
regards
Hello Jessica, your information and the decalogue about the most common traps and tactics of the Brokers that SCAM is very interesting, it should be learned by each investor and become a STANDARD, that is why we are convinced that your contribution when shared with All our readers will help avoid many frauds, scams and deceptions by brokers.
For this reason we think it is of the utmost importance that all those affected by these brokers report it through our portal and expose the brokers who have scammed them by writing their experiences, whether good or bad and that in this way it can be uncovered from where the deceptions are committed, who is involved and that everyone knows about it.
As you well know, we offer on our website the option of being able to RECOVER ALL or PART OF THE MONEY with a company that is specialized in it and that has proven to be very effective, those affected can speak in the CHAT that we have on the web or by reviewing this link: CLAIM YOUR MONEY, WE HELP YOU.
Greetings.
I have an open account with CFGTrades with an accumulated deposit but they do not allow me to access the account to withdraw money. When I request it, they tell me that I have to do it through the assigned agent but both this agent and customer service do not contact me for this purpose.
Hello Juan Manuel, send the broker CfgTrades an email telling them that you do not want any more operations to be carried out on your account and that they give you the money back.
I know it is difficult for them to pay attention but you have to try.
Cheers,.