Score

1.47 /10
Danger

CRG

New Zealand

2-5 years

Suspicious Regulatory License

Suspicious Overrun

High potential risk

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Score

Regulatory Index0.00

Business Index6.67

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFSPR regulation (license number: 15103) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

CRG · Company summary
CRGBasic Information
Founded in2-5 years
Registered inNew Zealand
RegulationSuspicious Clone
Tradable Assetsexchanges,metals,indices,energies,options
Trading PlatformMT4
Offical websiteInaccessible

Overview of CRG

CRG, founded between 2 to 5 years ago, is registered in New Zealand. It is noted for its suspicious regulatory status as a clone entity. The platform offers a range of tradable assets including exchanges, metals, indices, energies, and options, all accessible via the MT4 trading platform. However, its official website is currently inaccessible.

Overview of CRG

Pros and Cons

CRG offers several advantages, including a diverse range of tradable assets and the use of the popular MT4 trading platform. It is registered in New Zealand, which can provide certain regulatory benefits. However, the platform is relatively new, raising concerns about its track record. More importantly, CRG is flagged as a suspicious clone, indicating potential regulatory and legitimacy issues. Additionally, its official website is currently inaccessible, which further undermines transparency and trust.

Pros Cons
  • Diverse Tradable Assets
  • Suspicious Regulation
  • MT4 Trading Platform
  • Inaccessible Official Website
  • New Zealand Registration
  • Relatively New

Regulation: Is CRG legit?

CRG's regulatory status raises significant concerns, as it appears to operate as a suspicious clone. CRG holds a license issued by Financial Service Providers Register with License No. 15103.

Regulation: Is CRG legit?

Market Instruments

CRG offers a comprehensive range of market instruments, including forex, precious metals, indices, equities, and commodities. This broad selection ensures that traders have access to various asset classes, allowing for diversified investment strategies.

Market Instruments

Trading Platform

CRG utilizes the MT4 trading platform, renowned globally for its comprehensive features and user-friendly interface. MT4 integrates charting tools, technical analysis, and trade operations, allowing users to place orders, set stop losses, and take profits efficiently. The platform supports a wide range of trading instruments, including forex, precious metals, and commodities, and is used by 90% of traders worldwide. It offers robust chart analysis with 18 drawing tools, 9 trading timeframes, and 31 analytical tools. Additionally, MT4 provides exceptional trade execution capabilities, including one-click trading and partial position closing. The platform is available on PC, iPhone, and Android, ensuring accessibility and convenience for all users.

Trading Platform

Conclusion

CRG is a relatively new trading platform registered in New Zealand, offering a diverse range of tradable assets and utilizing the widely respected MT4 platform. Despite its robust trading features and broad asset selection, CRG's legitimacy is questionable due to its designation as a suspicious clone and the inaccessibility of its official website. Potential users should approach with caution, thoroughly vetting the platform to mitigate the risk of fraudulent activities.

FAQs

What types of assets can I trade on CRG?

CRG offers a diverse range of tradable assets including forex, precious metals, indices, equities, and commodities. This allows traders to diversify their investment portfolios effectively.

What trading platform does CRG use?

CRG utilizes the MT4 trading platform, which is globally renowned for its comprehensive charting tools, technical analysis features, and efficient trade execution capabilities. The platform is accessible on PC, iPhone, and Android devices.

Is CRG a regulated and trustworthy trading platform?

CRG's regulatory status is concerning as it is identified as a suspicious clone. This suggests potential issues with legitimacy and regulatory oversight. Users should exercise caution and conduct thorough due diligence before engaging with the platform.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

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