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No Regulation
Score
1.50 /10
Danger
CentDesk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.89
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-12
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
General Information & Regulation
Centdesk Forex is a CFD broker based in London, UK, and owned by Centdesk Capital UK Limited. Currently, Centdesk Forex is not subject to any effective regulation.
Market Instruments
Centdesk Forex offers investors access to popular financial trading instruments, including Forex currency pairs, commodities, cryptocurrencies, stocks, and futures.
Minimum Deposit
Centdesk Forex offers investors four different accounts: Micro, Plus, Premium, and ECN Accounts. However, there is no indication on a minimum deposit.
Leverage
Trading leverage varies depending on different trading accounts. The Micro Account offers trading leverage of up to 1:100, 1:300 for the Plus Account, 1:500 for the Premium Account, and ECN account has trading leverage of 1:1000. Please note that the leverage set by Centdesk Forex is higher than many other Forex brokers. High leverage may maximize returns, but it also maximizes risks, so investors should use leverage carefully.
Spreads & Commissions
The spreads start from 1.4 pips for Micro accounts, 1.3 pips for Plus Accounts, 1.2 pips for Premium Accounts, and 1.0 pips for ECN Accounts. The trading commissions remained undisclosed on the official website of Centdesk Forex.
Trading platform
Centdesk Forex provides traders with a web-based trading terminal, not an MT4/MT5 trading platform.
Deposit & Withdrawal
Centdesk only supports Bitcoin and Ether for potential clients to deposit and withdraw funds. Standard deposit and withdrawal methods such as VISA, MASTERCARD, wire transfer are missing. Popular e-wallet payment methods such as Skrill, NETELLER are also not available. The official website of Centdesk Forex does not show any information about the deposit and withdrawal fees.
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