Score

1.52 /10
Danger

CFGLOBAL

Australia

2-5 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

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Score

Regulatory Index0.00

Business Index6.25

Risk Management Index0.00

Software Index4.74

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

CFGLOBAL PTY LTD

Company Abbreviation

CFGLOBAL

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 001273790) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

CFGLOBAL · Company summary

Note: CFGLOBAL's official website: https://www.cfjr168.com/ is normally inaccessible.

CFGLOBAL Information

CFGLOBAL is an unregulated brokerage company registered in Australia. While the broker's official website has been closed, so traders cannot obtain more security information.

CFGLOBAL Information

Is CFGLOBAL Legit?

Is CFGLOBAL Legit?
Australia Securities & Investment Commission(ASIC)
Current StatusSuspicious Clone
Regulated by Australia
License TypeAppointed Representative(AR)
License No.001273790
Licensed InstitutionCF GROUP GLOBAL PTY LTD
Is CFGLOBAL Legit?
Financial Service Providers Register(FSPR)
Current StatusSuspicious Clone
Regulated by New Zealand
License TypeFinancial Service Corporate
License No.507506
Licensed InstitutionGRE GROUP LIMITED
Is CFGLOBAL Legit?
Vanuatu Financial Services Commission(VFSA)
Current StatusSuspicious Clone
Regulated by Vanuatu
License TypeRetail Forex License
License No.41693
Licensed InstitutionCF Group Limited

CFGLOBAL is authorized and regulated by the Australia Securities & Investment Commission(ASIC), the Financial Service Providers Register, and the Vanuatu Financial Services Commission. Its current status is Suspicious Clone, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is CFGLOBAL Legit?

Downsides of CFGLOBAL

  • Unavailable Website

The website of CFGLOBAL is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since CFGLOBAL does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

CFGLOBAL is not regulated, which is less safe than a regulated one.

Conclusion

CFGLOBAL Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operations to ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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User comment

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FX1421909880
more than one year
It is essential to ensure that a broker is regulated by a reputable regulatory body, such as the FCA, ASIC, or CySEC. This ensures that the broker is held to a high standard of operation and provides traders with a level of protection. CFGLOBAL's lack of regulation makes it impossible to guarantee the safety of clients' funds or their privacy.
It is essential to ensure that a broker is regulated by a reputable regulatory body, such as the FCA, ASIC, or CySEC. This ensures that the broker is held to a high standard of operation and provides traders with a level of protection. CFGLOBAL's lack of regulation makes it impossible to guarantee the safety of clients' funds or their privacy.
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2023-04-04 10:35
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FX1421909880
more than one year
I strongly advise against trading with CFGLOBAL. The company has been identified as a scam, with fake regulatory licenses and a website that is no longer accessible. As a forex trading expert, I understand the importance of trading with a reliable and trustworthy broker. The lack of regulation and fake licenses make CFGLOBAL an extremely risky choice for any trader.
I strongly advise against trading with CFGLOBAL. The company has been identified as a scam, with fake regulatory licenses and a website that is no longer accessible. As a forex trading expert, I understand the importance of trading with a reliable and trustworthy broker. The lack of regulation and fake licenses make CFGLOBAL an extremely risky choice for any trader.
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2023-04-04 10:34
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