Abstract：CDG Global EU is a broker that has been around a while – since 2003. CDG is licensed with the Cyprus Securities and Exchanges Commission (CySEC), with regulatory license number: 332/17. Besides, this broker is also regulated by Labuanan Financial Service Authority, with license number LL16154.
General Information & Regulation
CDG Global EU is a broker that has been around a while – since 2003. CDG is licensed with the Cyprus Securities and Exchanges Commission (CySEC), with Regulatory License No.332/17. Besides, this broker is also regulated by Labuanan Financial Service Authority (LFSA), with license number LL16154.
Tradable financial instruments available on the CDG platform include forex, metals commodities, indices, energy, crypto currency and stocks.
A total of five trading accounts available with CDG brokerage platform: Standard, ECN Gold, ECN Platinum, ECN Diamond and Islamic accounts. Standard account is more suitable for novice traders, with starting deposit as low as $50, while ECN accounts are designed for scalpers and professional traders who pursue deep liquidity and trade at large volume. Three ECN account requires initial deposit of $500, $20,000 and $50,000, respectively. Islamic accounts are also available with this brokerage platform, which exclusively are designed for Muslim traders or who follow Muslim laws.
As a Cryprus based forex broker under the jurisdiction of the CySEC, there is a maximum leverage cap of 1:30 for retail traders to protect their fund safety. This was put in place because trading with higher leverages can incur higher losses too.
Spreads & Commissions
Spreads and commissions are determined by trading accounts you are holding. Standard accounts offer a zero-commission trading environment, accompanied by wider spreads. While ECN accounts offers extremely spreads as low as 0.0 pips, plus with a low commission of $10 per lot for ECN Gold, $7 per lot for ECN Platinum and $4 per lot for ECN Diamond, respectively.
Trading Platform Available
CDG offers its clients access to the leading Metatrader 5. This platform, developed in CDG Global EUs birthplace of Cyprus has established itself as the industry standard within the past couple of years, replacing its predecessor Metatrader 4. The platform has a distinct amount of features while at the same time not compromising on ease of use, which makes it a valuable asset for traders of all skill levels.
CDG Global EU accepts payments via credit cards, the Skrill E-wallet and wire transfer. However, there are some things to keep in mind – first off, stay away from wire transfer – there are delays on the deposits and no chargeback policy. In fact, it is recommended to use a credit card for your payment – MasterCard and Visa both have increased the amount of time in which a chargeback can be filed substantially – to 540 days from the date of the transaction.
CDG provides a top-notch customer service crew that gets the job done in a jiffy. Customers can reach customer care by phone, live chat, call back service, or email with any trading-related issues.
There is also a web form for you to fill out your queries and then waiting to be connected.