Basic Information
Registered Region 
Cyprus
CyprusOperating Period
5-10 years
Company Name
Goldenburg Group Limited
Customer Service Email Address
info@cfdworld.com
Contact Number
+35725349815
Company Website
Global Broker Regulation Inquiry App
WikiFX
Unverified
Score
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/10
CFD World
Cyprus
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://cfdworld.com
Website
Rating Index
Contact
+357 25349815
info@cfdworld.com
https://cfdworld.com
46 Ayiou Athanasiou Ayios Athanasios Interlink Hermes Plaza 4102 Limassol, Cyprus
LicensesLicensed Entity：Goldenburg Group Ltd
License No. 242/14
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3
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Company Summary
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Comment
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Website
cfdworld.com
104.40.231.124Server LocationICP registration--Most visited countries/areas--Domain Effective Date2013-05-29WebsiteWHOIS.101DOMAIN.COMCompany101DOMAIN GRS LIMITED
Company Summary
| CFD WorldReview Summary | |
| Founded | 2012 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC (Cyprus Securities and Exchange Commission) |
| Market Instruments | Forex, Indices, Commodities, Cryptocurrencies |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:500 |
| Spread | Variable |
| Trading Platform | MetaTrader 5 |
| Min Deposit | $100 |
| Customer Support | 24/5 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
| Pros | Cons |
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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.
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 Instruments | Supported |
| 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.
| Feature | Standard Account | Islamic Account |
| Account Type | Standard | Islamic |
| 24/7 Live video chat support | Yes | Yes |
| Withdrawals | Yes | Yes |
| Demo account | No | No |
| Copy Trading tool | Yes | Yes |
| Bonus | No | No |
| Other features | Variable spreads | Interest-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 Class | Maximum Leverage | Typical Spread | Swap Fees |
| Forex | 1:500 | 3.4 pips - 4.4 pips | Yes |
| Indices | 1:20 | 10 pips - 20 pips | Yes |
| Commodities | 1:20 | 30 pips - 50 pips | Yes |
| Cryptocurrencies | 1:20 | 0.5% - 1.0% | Yes |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC and mobile | Investors 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 Method | Deposit Fee | Withdrawal Fee | Processing Time |
| Bank Transfer | Free | Free | 1-5 business days |
| Credit/Debit Card | Free | Free | 1-3 business days |
| Skrill | Free | Free | Instant |
| Neteller | Free | Free | Instant |
Customer Service
You can reach out to CFD Worldby email atinfo@cfdworld.comor by phone call at +357 25349815.
| Contact Options | Details |
| Phone | +357 25349815 |
| info@cfdworld.com | |
| Support Ticket System | ❌ |
| Online Chat | ✔ |
| Social Media | Facebook, Instagram, Twitter, YouTube, etc |
| Supported Language | English |
| Website Language | English |
| Physical Address | 46 Ayiou Athanasiou Ayios Athanasios Interlink Hermes Plaza 4102 Limassol, Cyprus |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News
News WIKIFX REPORT: FX broker operator Goldenburg Group fined €270K by CySEC
Cyprus financial regulator CySEC has issued its latest six figure fine to the operator of a Retail FX broker, hitting CIF licensed Goldenburg Group Ltd with a fine settlement of €270,000.
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