CFD1000 Review
CFD1000 has opened its door for the retail market. By offering all trading services including Algo trading CFD1000 aims to supply its clients with the best trading experience and support in the industry.
Typical Spread on Majors
EUR/USD | 1.5 |
GBP/USD | 3 |
USD/JPY | 4 |
- Company Info
Headquarters | London, United Kindom |
Type of Broker | Market Maker & STP |
Founded | 2012 |
Regulated By | Regulated By None |
Offices In | United Kingdom, Japan |
Supported Languages | English, Arabic, Japanese, Dutch, German, Swedish, Spanish, Italian |
ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | USD, GBP, EUR, JPY |
Minimum Deposit | $200 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | No |
Islamic Accounts | Yes |
Islamic Account Restrictions | Anyone |
ECN / STP Accounts Offered | No |
Commission on STP or ECN | 0 |
VIP Accounts Offered | Yes |
VIP Account Requirements | $25,000 Minimum Deposit |
Mini Accounts Offered | Yes |
PAMM / MAM Solutions | Yes |
API Solutions | No |
Mobile Trading | Yes |
Web Based Trading | Yes |
Funding Methods | Credit/Debit Cards, Wire Transfer, Sofort, WebMoney, GiroPay, iDeal, Mistercash, DineroMail, TrustPay, GluePay, Boleto, ABAQOOS, CashU, Bitcoin |
Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Sofort, WebMoney, GiroPay, iDeal, Mistercash, DineroMail, TrustPay, GluePay, Boleto, ABAQOOS, CashU, Bitcoin |
- Platform Details
Platforms Offered | MetaTrader 4, Sirix Station, Sirix Webtrader, Sirix Mobile, Sirix Tablet |
NO of Pairs | 48 |
Pricing Digits | 4 and 5 |
Trade off Charts | Yes |
One-click Execution | Yes |
Email Alerts | Yes |
Mobile Alerts | Yes |
Trading Server Time | GMT + 0 |
Demo Account Expiry | Non-Expiring |
VPS Offered | Yes |
Free VPS Conditions | Free with Accounts overr $10,000 |
- Trading Details
Dealing Desk | Yes |
Maximum Leverage | 400:1 |
Minimum Contract Size | 0.01 |
Execution | Instant Execution (Micro and Standard Accounts), Market Execution (STP Accounts) |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | Yes |
Option of OCO | Yes |
Option of FIFO | No |
Liquidity Providers | 15+ |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Binary Options | Yes |
Oil | Yes |
Stocks | Yes |
Indices | Yes |
CFD1000 Reviews
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Emelie White, Ray Davis, Mike Wilson. Be carefull of them. They will promise the world and give you a lemon to suck on. ray@cfd1000.com website : https://cfd1000.com/ Tel : + 44.203.808.9684 Exp (129) Skype: rayd.cfd EmilieWhT@touchtrades.com MikeWiT@touchtrades.com SKYPE: mike.wilson.fx Be warned!! You will not get your money from them. I have asked anonymous to expose them. Youtube: https://www.youtube.com/user/AnonymousWorldvoce
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I personally know four people that were trading with them and they are also still waiting for their withdrawal (one of them is Alex P, review below). CFD1000 is not regulated, have no offices (I have been to 88 Wood Street, London EC2V 7AJ , United Kingdom and there is no CFD1000 office), not registered anywhere, are from Israel(in theory), funds are not segregated,(CFD1000 has your deposited funds with their own funds) and do not process withdrawals. If you still want to trade with this broker check other CFD1000 reviews on internet. Best of luck.
I requested a withdrawal of €6,000 on May 25, 2015 (nearly 3 months ago). On the 25 June 2015 I only received €1,000 out of the requested €6,000 withdrawal. I am still waiting for the remaining €5.000 withdrawal and do not know why they only processed €1,000. I placed two EUR/TRY trades since I opened my CFD1000 account. For the last 3 months I have been trying to contact CFD1000 and it has been near to impossible to contact anyone. They do not contact me back (I have tried via email, live chat, phone, skype). When I have managed to reach someone they never give me a solution or an explanation. Their Bussines Model is a pure market maker. This means that they create their own market prices (do not have to be the same as official market prices) and they take the other side of your position. When you win they lose and vice-versa. As you can imagine, no one but the broker can win with this type of business model. PURE SCAM. Stay away.
I have been cheated by this broker and would like to keep the fellow forex community members aware of this scam. Read the complete story below: http://www.forexpeacearmy.com/community/threads/cfd1000-com-algo-trading.39414/ I will share more information about them in near future so that other investors are not cheated. I urge all the investors of CFD1000.com to withdraw your funds before its too late.