Cfxdtrade

Cfxdtrade demonstrates a high-risk profile and lacks reliability by conventional standards for safety. According to WikiFX data, its overall score is exceptionally low at 1.51 out of 10. The broker operates without any recognized regulatory oversight and its business scope is flagged as suspicious, which presents significant inherent risks regarding the security of client funds and operational transparency. Prospective clients should exercise extreme caution.

No. Cfxdtrade is not regulated. The firm holds no valid licenses from any financial regulatory authorities, which is confirmed by its regulatory index score of zero on WikiFX. Operating as an unregulated entity is a critical point of risk assessment for any trader.

The required minimum deposit varies by account type. For its entry-level CLASSIC account, the initial capital requirement is €500. Higher-tier accounts, such as the GOLD, PRIME, and ECN GOLD accounts, require minimums of €5,000, €10,000, and €20,000 respectively. Entry for the ECN VIP account requires contacting the broker directly.

WikiFX data indicates the broker does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. Its software index score is 4.0 out of 10, suggesting limited platform options compared to industry standards. Clients should verify the specific proprietary or third-party platforms available directly with the broker.