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CFD World Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-12 11:13

Abstract:C.W. CFD World (CFD World) is a registered brand name of Goldenburg Group Limited, a Cyprus Investment Firm (CIF) supervised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence No 242/14.

CFD WorldReview Summary
Founded2012
Registered Country/RegionCyprus
RegulationCySEC (Cyprus Securities and Exchange Commission)
Market InstrumentsForex, Indices, Commodities, Cryptocurrencies
Demo AccountNot Mentioned
LeverageUp to 1:500
SpreadVariable
Trading PlatformMetaTrader 5
Min Deposit$100
Customer Support24/5 Live chat
+357 25349815
info@cfdworld.com

CFD World Information

  CFD World, regulated by CySEC, is a Cyprus-based online forex and CFD broker founded in 2012. It offers many tradable assets, including forex, indices, commodities, and cryptocurrencies. CFD World also offers a standard account and an Islamic account, with a minimum deposit of $100 and a maximum leverage of up to 1:500, apart from variable spreads and educational resources. But CFD World's customer support is only available 24/5.

Pros and Cons

ProsCons
  • Regulated by CySEC
  • Customer support is not available 24/7
  • Offers Standard and Islamic account types
  • Maximum leverage of 1:500
  • Educational resources available

Is CFD World Legit?

  CFD World is a straight-through processing (STP) regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and it has a license number of 242/14.

Is CFD World Legit?

What Can I Trade on CFD World?

  CFD World is an online forex and CFD broker, offering many tradable assets including forex, indices, commodities, and cryptocurrencies.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Stock✔
Indices✔
Cryptocurrency❌
Shares❌
Metals❌

Account Type

  CFD World offers two main account types, Standard and Islamic. It has a minimum deposit of $100 and a maximum leverage of 1:500 for Forex and 1:20 for other CFDs.

FeatureStandard AccountIslamic Account
Account TypeStandardIslamic
24/7 Live video chat supportYesYes
WithdrawalsYesYes
Demo accountNoNo
Copy Trading toolYesYes
BonusNoNo
Other featuresVariable spreadsInterest-free

CFD World Fees

  CFD World offers maximum leverage of up to 1:500 for Forex pairs and 1:20 for other CFDs. Spreads are also variable, typically from 3.4 pips to 4.4 pips for Forex pairs. In addition, CFD World does not charge any commissions.

Asset ClassMaximum LeverageTypical SpreadSwap Fees
Forex1:5003.4 pips - 4.4 pipsYes
Indices1:2010 pips - 20 pipsYes
Commodities1:2030 pips - 50 pipsYes
Cryptocurrencies1:200.5% - 1.0%Yes

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT5✔PC and mobileInvestors of all experience levels

Deposit and Withdrawal

  CFD World offers different payment methods for depositing and withdrawing funds, including bank transfers, Credit/Debit Card, and E-wallets. The platform does not charge any fees for deposits or withdrawals.

Payment MethodDeposit FeeWithdrawal FeeProcessing Time
Bank TransferFreeFree1-5 business days
Credit/Debit CardFreeFree1-3 business days
SkrillFreeFreeInstant
NetellerFreeFreeInstant

Customer Service

  You can reach out to CFD Worldby email atinfo@cfdworld.comor by phone call at +357 25349815.

Contact OptionsDetails
Phone+357 25349815
Emailinfo@cfdworld.com
Support Ticket System❌
Online Chat✔
Social MediaFacebook, Instagram, Twitter, YouTube, etc
Supported LanguageEnglish
Website LanguageEnglish
Physical Address46 Ayiou Athanasiou Ayios Athanasios Interlink Hermes Plaza 4102 Limassol, Cyprus

Related broker

Suspicious Clone
CFD World
Company name:Goldenburg Group Limited
Score
1.53
Website:https://cfdworld.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.53

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