BrokersView
Search
Download
English
Sign In

Broker Cfd

Save

Operating status: SCAM

Website: https://mst1.brokercfd.xyz/index

Broker violations and abnormal records
  • 2023-09-05 BrokersView has Reviewed that Broker Cfd is an Unregulated Broker

    According to its website, Broker Cfd claims to be regulated by the Australian Securities & Investment Commision (ASIC). However,there is no matching information was found in the ASIC.

    The truth is that Broker Cfd is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, Broker Cfd is a scam.

    According to its website, Broker Cfd claims to be regulated by the Australian Securities & Investment Commision (ASIC). However,there is no matching information was found in the ASIC.The truth is that Broker Cfd is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, Broker Cfd is a scam.

Related Complaints

Q&A

Will Broker Cfd put clients' funds in a segregated bank account?

Ross Goldsmith
Tahiti
2023-10-12
ANSWER Broker Cfd is a fraudulent trading platform and its goal is to steal money from investors. So it couldn't provide such protections as holding customers' funds in segregated accounts.Broker Cfd's false statement about its regulatory status is a testament to its fraudulent nature. It claims that it is operated by the company Index Cfd Global Pty Ltd which is regulated by the Australian Securities and Investments Commission (ASIC). However, no matching records exist in the register of the ASIC. Therefore, it falsely claims to be licensed by a governing body and operates without the required authorization.Therefore, we strongly suggest investors stay away from Broker Cfd. Entrusting the platform with funds and personal information is dangerous. Without regulatory oversight, individuals dealing with Broker Cfd are exposed to fraud and identity theft, which could be financially and personally devastating. To mitigate such risks, it is advisable to choose a fully regulated broker instead.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.