Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

CDG

Saint Vincent and the Grenadines|5-10 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

http://www.cdgglobalfx.com/

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

CDGGlobal-Demo

Hong Kong
MT4
3

Influence

D

Influence index NO.1

Indonesia 2.51
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

White Label

3
Server Name
CDGGlobal-Demo MT4
Server Location Hong Kong

Influence

Influence

D

Influence index NO.1

Indonesia 2.51

Surpassed 37.33% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+60 087504154
cs@cdgglobalfx.com
http://www.cdgglobalfx.com/
Office 11, Jamie Robin Business Centre 1, Unit F10, 1st Floor, Paragon Labuan, Jalan Tun Mustapha, 87000 Labuan F.T.

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

MY SCM
2022-01-01
INVESTOR ALERT LIST
CDG
CDG Global

Contact number

English

+60 087504154

Broker Information

More

Company Name

CDG Global LLC

Company Abbreviation

CDG

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Twitter
Facebook
Instagram
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 49 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Users who viewed CDG also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

Sway Markets

7.69
Score
1-2 yearsRegulated in AustraliaAppointed Representative(AR)Self-developed
Official website

Exness

8.37
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

Decode Global

8.35
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website
Pyramid scheme complaint
Expose
Unable to withdraw

Horrible service and market manipulation

I have traded on CDG scalping on Gold until they have placed a plugin on my account that when i enter on the market takes more than 1 second to open operations and close. Plugins to manipulate the market should be illegal under any circumstances!!!!I have placed a withdraw 1 month ago the money is not in my account via crypto and support keeps saying that i will receive it soon!!! For me the broker i would give 0 starts since nothing is working properly!!!Better brokers on market, stay away...

2021-09-28 10:44
Others

Request CDG pay me volkswagen dividends

I put money in CDG from december 9, 2022 with a total amount of 342.700.000 vnd (nearly 15,000 usd), mt4 number is 862384, on december 15, 2022 i bought 3,000 volkswagen shares to receive dividends on december 19, 2022 (dividend is 19.06 euros per share, buy 3,000 shares my dividend is $61,000) , but as of 19/12/2022 CDG did not pay me dividends (while all exchanges in the world paid volkswagen dividends on the morning of december 19, 2022) then at 15:00 hrs the volkswagen stock price fell dramatically, making my account my account was burned (account after burning balance automatically adjusted to 0) then 22g CDG email me and tell me the dividend will be paid on 9/1/2023 . then to january 13, 2022 CDG withdraw from my account -31,172$ and add to 22,800$, now my account is -8,372$ so my capital and profit are lost i send an email to CDG asked me to pay volkswagen dividends many times but they did not respond, i have been trading in this market for almost 10 years, first time seeing such a broker. if CDG if you don't pay me dividends and transaction money, i will report it to the police, tell the person to knock down the website of the exchange, i will go to the company at: b01-b8, boutique offces 1, menara 2, kl eco city, no3, jalan bangsar, 59200 kuala lumpur malaixia , to find you CDG ! because this amount is huge for me . i am very angry and sad , CDG locked my money for more than 2 months now.

2023-02-11 16:31
Unable to withdraw

Very bad platform! !

I traded gold and other transactions on , and they placed a plug-in on my account. When I entered the market, it took more than 1 second to open and close the operation. In any case, plug-ins that manipulate the market should be illegal!!!!, I made a withdrawal 1 month ago, but the money did not enter my account through cryptocurrency, and the customer service department insisted that I would receive it! ! But I didn't receive the money! ! ! At that time, the customer service had already ignored me! keep away...

2021-09-28 21:59
Others

Hi CDG!

Me: Nguyen Thi Xuan Lan, customer number CU33135, MT4: 862384, email: nguyenthixuanlantv@yahoo.com. I have deposited money into my MT4 account since September 12, 2022 with a total amount of $14,100. On December 15, 2022, I bought 3,000 shares of Volkswagen AG VZO O.N to receive dividends on December 19, 2022, but on that day, CDG did not pay me Volkswagen dividends (while all exchanges did not pay me dividends). All over the world pay Volkswagen dividends on the morning of December 19, 2022. At 15:00 on December 19, 2022, the European session opened, and Volkswagen shares dropped dramatically, causing my account liquated with a balance of $31,172. Then at 10:00 pm on December 19, 2022, CDG emailed me and informed me that Volkswagen would pay dividends on January 9, 2023. I look forward every day to receive dividend, but on 13/1/2023 CDG only pay me $22,800 (while my dividend is $61,000) for Volkswagen dividend, far not enough to cover the negative balance, now my account is negative $8.372. So I ask CDG to double check and pay in full (about $61,000) of Volkswagen dividends to me, so that I can continue to invest and earn profits. CDG has held my dividend from December 19, 2022 to now for more than 1 month. I am very worried and miserable. Thanks ! I emailed CDG many times, but no reply ! The support person in Vietnam is Tran Chi Bao. I called Bao and he didn't answer the phone and texted and didn't reply. Vietnam, January 26, 2023

2023-01-26 15:53

    CDG · Company Summary

    Aspect Information
    Registered Country/Area Malaysia (Labuan Financial Services Authority jurisdiction)
    Company Name CDG Global (Labuan) Limited
    Regulation Regulated by Labuan Financial Services Authority (Labuan FSA)
    Minimum Deposit Varies by account type
    Maximum Leverage Up to 1:1000
    Spreads Competitive; vary by account type
    Trading Platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
    Tradable Assets Forex, Metals, Commodities, Indices, Energy, Cryptocurrencies, Stocks
    Account Types ECN Diamond, Islamic Account, Standard Account, ECN Platinum, ECN Gold
    Demo Account Available
    Islamic Account Available
    Customer Support Email, Phone
    Payment Methods AliPay, Bank Wire, Cards, Crypto, Fasapay, Skrill, and more
    Educational Tools Limited; Market Insights, Economic Calendar, Events

    General Information

    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.

    Regulation

    CDG Global (Labuan) Limited is a regulated financial institution operating in Malaysia under the jurisdiction of the Labuan Financial Services Authority (Labuan FSA). The institution holds License No. LL16154 and operates with a “Straight Through Processing (STP)” license type, which does not permit sharing. Their address is Office 11, Jamie Robin Business Centre 1, Unit F10, 1st Floor, Paragon Labuan, Jalan Tun Mustapha, 87000 Labuan F.T, and they can be reached at 087-504 154 or via email at zhilong.lin@cdgglobalfx.com. While specific dates such as the effective date and expiry date are not provided, CDG Global (Labuan) Limited's regulatory status and licensing details are subject to oversight by the Labuan FSA in Malaysia.

    regulation

    However,the regulatory status of HTFX (EU) Ltd, formerly known as CDG Global (EU) Ltd, under the jurisdiction of the Cyprus Securities and Exchange Commission, is labeled as a “Suspicious Clone.” The company operates with a “Straight Through Processing (STP)” license type, which does not permit sharing. Its license number is 332/17, and it became effective on August 7, 2017. While specific contact details such as email and phone number are not provided, the institution's address is 6 Eftychidi, 3048 Limassol, Cyprus. Certified documents related to this licensed institution, including Annex1, Annex2, and Annex3, are available. For more information, you can visit their website at https://htfx.eu/.

    regulation

    Pros and Cons

    CDG Global offers a regulated trading environment with a diverse range of market instruments and account types. Traders can access high leverage and utilize popular MetaTrader platforms for their trading needs. The broker's customer support is responsive, and limited educational resources are available. However, there is room for improvement in providing comprehensive regulatory information, and traders are advised to exercise caution regarding the “Suspicious Clone” status of HTFX (EU) Ltd. Additionally, fee structures vary among account types, requiring careful consideration.

    Pros Cons
    • Diverse Market Instruments
    • Limited Educational Resources
    • Varied Account Types
    • Incomplete Regulatory Information
    • Leverage
    • Suspicious Clone Status (HTFX EU Ltd)
    • MetaTrader Platforms
    • Varying Fees
    • Customer Support
    • Limited Contact Information (HTFX EU Ltd)
    • Educational Resources

    Markets Instruments

    Tradable financial instruments available on the CDG platform include forex, metals commodities, indices, energy, crypto currency and stocks.

    1. Forex (Foreign Exchange): CDG provides access to the forex market, allowing traders to trade currency pairs. This includes major, minor, and exotic currency pairs, providing opportunities for speculation on the value of one currency relative to another.

    2. Metals: Traders can trade precious metals such as gold and silver. These commodities are often seen as safe-haven assets and are commonly traded for hedging and investment purposes.

    3. Commodities: CDG offers a range of commodity trading opportunities, which may include agricultural products (e.g., wheat, corn), energy commodities (e.g., oil, natural gas), and industrial metals (e.g., copper, aluminum). Commodity trading can be used for both speculation and risk management.

    4. Indices: The platform provides access to stock market indices from various regions around the world. Traders can speculate on the performance of these indices without directly trading individual stocks.

    5. Energy: Energy commodities such as crude oil and natural gas are available for trading. These are essential components of the global economy and offer opportunities for speculation based on supply and demand dynamics.

    6. Cryptocurrencies: CDG allows traders to access the cryptocurrency market. This includes popular digital currencies like Bitcoin (BTC), Ethereum (ETH), and other altcoins. Cryptocurrencies are known for their volatility and can be traded 24/7.

    7. Stocks: CDG offers access to equity mCDG, enabling traders to buy and sell shares of publicly listed companies. This allows for participation in the ownership and potential profits of these companies.

    market-instruments

    Minimum Deposit

    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.

    Minimum

    Here's a table summarizing the key features of each account type:

    Account Type Starting Deposit Tradable Instruments Overnight Swap Fees EAs Supported Minimum Lot Size Margin Call / Stop Out Max Leverage Managed Accounts Commission
    ECN DIAMOND $50,000 FX, Metals, Commodities, Indices, Energy, Cryptocurrencies, Stocks Yes Yes 0.01 lots FX 100% / 60% Up to 1:200 Yes $4 per Lot
    ISLAMIC ACCOUNT $50 FX, Metals, Commodities, Indices, Energy, Cryptocurrencies, Stocks No Yes 0.01 lots FX 100% / 60% Up to 1:1000 Yes No
    STANDARD ACCOUNT $50 FX, Metals, Commodities, Indices, Energy, Cryptocurrencies, Stocks Yes Yes 0.01 lots FX 100% / 30% Up to 1:1000 Yes No
    ECN PLATINUM $20,000 FX, Metals, Commodities, Indices, Energy, Cryptocurrencies, Stocks Yes Yes 0.01 lots FX 100% / 60% Up to 1:500 Yes $7 per Lot
    ECN GOLD $500 FX, Metals, Commodities, Indices, Energy, Cryptocurrencies, Stocks Yes Yes 0.01 lots FX 100% / 60% Up to 1:500 Yes $10 per Lot

    Leverage

    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 the popular MetaTrader trading platforms, including both MT4 (MetaTrader 4) and MT5 (MetaTrader 5). Here's a refined description:

    CDG provides traders with access to the MetaTrader suite of trading platforms, encompassing both MT4 (MetaTrader 4) and MT5 (MetaTrader 5). These platforms are renowned in the industry for their robust features and user-friendly interfaces, making them preferred choices among traders worldwide. MT4 offers a comprehensive trading experience with advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs). On the other hand, MT5 builds upon MT4's foundation, enhancing it with additional timeframes, more technical indicators, economic calendar integration, and support for a wider range of asset classes. Traders can choose between MT4 and MT5 based on their specific trading preferences and strategies, ensuring a powerful and customizable trading experience tailored to their needs.

    trading-platform

    Deposit& Withdrawal

    CDG Global EU accepts payments via credit cards, the Skrill E-wallet and wire transfer.

    Deposit Methods:

    1. AliPay:

      1. Currencies: RMB

      2. Processing Time: Instant

      3. Commission: None

      4. Minimum Amount: 50 USD equivalent

      5. Notes: Alipay deposits are processed instantly in RMB.

    2. Bank Wire:

      1. Currencies: USD

      2. Processing Time: 2-5 Working Days

      3. Commission: None

      4. Minimum Amount: 1000 USD

      5. Notes: Bank wire transfers allow larger deposits but take longer to process.

    3. Cards:

      1. Currencies: USD

      2. Processing Time: Instant

      3. Commission: 3%

      4. Minimum Amount: 50 USD equivalent

      5. Notes: Card deposits are processed instantly with a 3% commission.

    4. Crypto:

      1. Currencies: BTC, USDT, VNDC

      2. Processing Time: 1-2 Working Days

      3. Commission: None

      4. Minimum Amount: 50 USD equivalent

      5. Notes: Crypto deposits are processed within 1-2 working days.

    5. Fasapay:

      1. Currencies: USD, IDR

      2. Processing Time: Instant

      3. Commission: None

      4. Minimum Amount: 50 USD equivalent

      5. Notes: Fasapay allows instant deposits in USD and IDR.

    Withdrawal Methods:

    1. Bank Wire:

      1. Currencies: USD

      2. Processing Time: 2-5 Working Days

      3. Commission: None

      4. Minimum Amount: 1000 USD

      5. Notes: Bank wire withdrawals typically take 2-5 working days to process.

    2. Cards:

      1. Currencies: USD

      2. Processing Time: 1-2 Working Days

      3. Commission: None

      4. Minimum Amount: 50 USD equivalent

      5. Notes: Card withdrawals are processed within 1-2 working days.

    3. Crypto:

      1. Currencies: BTC, USDT, VNDC

      2. Processing Time: 1-2 Working Days

      3. Commission: None

      4. Minimum Amount: 50 USD equivalent

      5. Notes: Crypto withdrawals are processed within 1-2 working days.

    4. Fasapay:

      1. Currencies: USD, IDR

      2. Processing Time: 1-2 Working Days

      3. Commission: None

      4. Minimum Amount: 50 USD equivalent

      5. Notes: Fasapay allows withdrawals in USD and IDR.

    5. Skrill:

      1. Currencies: USD

      2. Processing Time: 1-2 Working Days

      3. Commission: 1%

      4. Minimum Amount: 50 USD equivalent

      5. Notes: Skrill withdrawals are processed within 1-2 working days with a 1% commission.

    6. Other Methods: CDG offers additional withdrawal methods, such as AliPay, Help2pay, Neteller, Nganluong, Paytrust88, ThunderXPay, and ZotaPay, each with its own processing times, commissions, and minimum amounts.

    Please note that the processing times, minimum amounts, and commissions can vary between payment service providers, and it's essential to refer to your Client Portal for up-to-date information on each payment method and its operating hours, as these details may change. Additionally, CDG may charge withdrawal fees if there is no trading activity in the account or for excessive withdrawal requests beyond the first three each month.

    deposit-withdrawal

    Customer Support

    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.

    Email: cs@cdgglobalfx.com

    There is also a web form for you to fill out your queries and then waiting to be connected.

    Educational Resources

    CDG offers a “Learn to Trade” section, which provides traders with limited educational resources. These include:

    Events: This section likely features occasional events, such as webinars or seminars, offering traders insights into market trends and trading strategies.

    Market Insights: CDG offers concise market insights, providing brief summaries of market trends and news. However, these insights may be limited in depth and scope.

    Economic Calendar: The economic calendar helps traders track upcoming economic events and announcements that can impact financial markets.

    While these resources serve as a starting point, traders are encouraged to seek more comprehensive education from diverse sources, such as online courses, trading literature, and webinars, to build a robust foundation for successful trading.

    educational-resources

    Summary

    CDG Global offers a comprehensive trading experience with a range of account types tailored to different trader preferences, from the high-capital ECN Diamond account to the accessible Islamic account. The broker is regulated by the Labuan Financial Services Authority in Malaysia, ensuring a level of oversight. CDG provides access to various financial instruments, including forex, metals, commodities, indices, energy, cryptocurrencies, and stocks, giving traders diverse opportunities. The broker offers the popular MetaTrader platforms, MT4 and MT5, known for their versatility and features. While CDG provides some educational resources and robust customer support, traders are encouraged to seek additional education from various sources for a well-rounded trading experience.

    FAQs

    Q1: Is CDG Global regulated?

    A1: Yes, CDG Global (Labuan) Limited is a regulated financial institution operating under the oversight of the Labuan Financial Services Authority (Labuan FSA) in Malaysia.

    Q2: What is the maximum leverage offered by CDG?

    A2: CDG offers a maximum trading leverage of up to 1:1000, allowing traders to control positions up to 1000 times their invested capital.

    Q3: What account types does CDG provide?

    A3: CDG offers various account types, including ECN Diamond, Islamic Account, Standard Account, ECN Platinum, and ECN Gold, each designed to cater to different trading preferences and budgets.

    Q4: What trading platforms are available with CDG?

    A4: CDG provides access to the MetaTrader trading platforms, including both MT4 and MT5, known for their powerful features and user-friendly interfaces.

    Q5: Does CDG offer educational resources for traders?

    A5: Yes, CDG offers limited educational resources, including market insights, an economic calendar, and events. However, traders are encouraged to seek additional education from various sources to enhance their trading knowledge.

    News

    Is CDG Global Trustworthy?

    ExposureIs CDG Global Trustworthy?

    2023-03-17 16:53

    In today's article, WikiFX will take you on an in-depth review of CDG Global, a broker established in 2003.

    WikiFX
    2023-03-17 16:53
    Exposure
    Is CDG Global Trustworthy?

    User Reviews

    Sort by content

    • Sort by content
    • Sort by time

    User comment

    7

    Comments

    Write a review

    Kindom
    more than one year
    My experience with CDG so far has been terrible. Trying to get things done through customer service is extremely time-consuming. They hold onto a significant amount of my funds and have been preventing me from depositing them into my bank. It's costing me money.
    2024-03-08 14:22
    Reply
    0
    0
    Mr. Rolex
    more than one year
    SCAM SCAM SCAM!!!! BEAWARE!!!! WITHDRAWALS BLOCKED FOR MORE THAN A YEAR!!!!! STAY AWAY
    2023-10-22 17:25
    Reply
    0
    0
    FX1230127948
    more than one year
    CDG is quite the option for trading. The Platform is not difficult at all, even for beginners, and is easy to use. The trading options are amazing and allow you to learn by trading the real thing without risking large amounts right away.
    2023-02-20 18:09
    Reply
    0
    0
    Andrew5023
    more than one year
    Do not trust this company, they have been blacklisted. I wish i knew and saw it earlier before depositing with them and fighting them for withdrawal. They will ignore you. I was only able to get back my money through wealthwatchs, c0m and glad it was a success
    2023-02-20 12:29
    Reply
    0
    0
    Trang4059
    more than one year
    CDG scam takes investors' money, those who are in this scam ring, will be retribution. Everyone should stay away from CDG. I was scammed by CDG more than 30,000$
    2023-01-26 18:06
    1
    0
    0
    Charles.T
    more than one year
    Do not trade here, don't you see that so many people have been scammed? CDG seems to be reliable, but in fact it is an out-and-out scam company.
    2022-12-20 11:17
    Reply
    0
    0
    64
    TOP
    Select Country/District
    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com