Cardiff Markets-Overview of Min. Deposit, Spreads & Leverage

Who is the Cardiff Global Markets？

Cardiff Global Markets is an Australian forex and CFD broker, licensed by the Australian Securities and Investments Commission (registration number 439907) and offering a selection of currency pairs, as well as CFDs on various assets, including precious metals, 13 world indices and oil on the MetaTrader4 platform. Tradable financial instruments on offer at Cardiff Global Markets including currency pairs, precious metals, indices, oil. Unfortunately, there are no CFDs on stocks and cryptocurrencies available.

Minimum Deposit & Leverage

Cardiff Global Markets offer investors three types of account, namely the Standard account (the minimum deposit of $1), the Pro account (the minimum deposit of $1) and the Prime account (the minimum deposit of $50,000). The fact that Cardiff Global Markets has not set an entry threshold is quite a good news for regular traders. The maximum leverage set by the brokerage is up to 1:400.

Spreads & Commissions

The benchmark EURUSD spread, as tested with a demo account, floated about 1.2 pips, which can be attractive, if the Demo account mirrors the Standard account. Have in mind that spreads are considered competitive only if they start below 1.5 pips. Wide spreads means high transaction fees.

Deposit & Withdrawal

Cardiff Global Markets accepts payments with major credit and debit cards like VISA and MasterCard, as well as bank transfers. Unfortunately there is no information on the website if they accept payments with popular e-wallets like Neteller, Skrill and PayPal.