Concord Markets Spreads, leverage, minimum deposit Revealed

Aspect	Information
Company Name	CDG Market
Registered Country/Area	Malaysia
Founded Year	2023
Regulation	LFSA
Porducts & Services	Currency Pair;Indices&Commodities
Account Types	Classic,Pro
Leverage	Up to 1:100
Commissions & Spreads	Commissions:Classic:6 USD;Pro:4 USDSpreads:Raw
Trading Platform	Meta Trader 5
Demo Account	Avalible
Customer Support	Email:support@cdgmarket.com

Overview of CDG Market

　　CDG Market, established in 2023 and based in Malaysia, is a financial services provider regulated by the LFSA. The company offers a range of trading options on the Meta Trader 5 platform, including currency pairs, indices, and commodities.

　　CDG Market satisfies different types of traders with its two account types: Classic and Pro, featuring respective commission rates of 6 USD and 4 USD, and raw spreads. Clients can leverage their trades up to 1:100, enhancing their potential for significant gains.

　　A demo account is available for those who wish to practice trading strategies without financial risk. For any assistance, customers can reach out to their support team via email at support@cdgmarket.com.

Is CDG Market Limited Legit or a Scam？

　　CDG Market is regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, holding a Straight Through Processing (STP) license with the license number MB/20/0047.

　　This regulatory oversight ensures that CDG Market adheres to the stringent standards and practices set forth by the LFSA, providing a secure and transparent trading environment for its clients.

　　The STP license indicates that the company processes trades directly to the market without a dealing desk intervention, promoting swift and fair execution of trades for its users.

Pros and Cons

Pros	Cons
Strong Trading Conditions	Offshore Regulation
Diverse Market Range	Newly Established
Advanced Trading Platform	Limited Regulatory Information
High Leverage	Potential Risks with High Leverage
Educational and Support Resources	Deposits & Withdrawals

　　Pros of CDG Market:

1. 　　Transparent Execution: CDG Market emphasizes transparency in its trading execution, with servers located in LD4 to cover a broad range of financial markets. Operating as a full STP broker without a dealing desk, CDG ensures there is no conflict of interest as they do not take opposing positions against their clients.

2. 　　Customized Trading Solutions: The company stands out by offering tailor-made trading solutions to meet the individual needs of its clients, which include customized setups, technical assistance, system integrations, and financial analysis reports, all aimed at enhancing the client trading experience.

3. 　　Competitive Institutional Pricing: CDG Market provides institutional-grade pricing for trading CFDs on indices, metals, energies, and Forex. Clients benefit from deep liquidity sources, which translates into very competitive spreads and commission rates for their trading activities.

4. 　　Comprehensive Trading Platform: The use of Meta Trader 5, one of the most advanced trading platforms, offers clients a robust set of tools for market analysis, trading, and automated trading functionalities, meeting a variety of trading strategies and styles.

5. 　　Diverse Financial Instruments: Offering a wide range of financial instruments, including CFDs on indices, metals, energies, and Forex, CDG Market allows traders to diversify their investment portfolios and explore different market opportunities from a single account.

　　Cons of CDG Market:

1. 　　Young Company: Being founded in 2023, CDG Market is relatively new in the industry, which may pose concerns regarding its track record and stability.

2. 　　Limited Account Types: With only two account types available (Classic and Pro), some traders may find the options restrictive and not tailored to their specific trading needs or preferences.

3. 　　Raw Spreads: While raw spreads can be beneficial for experienced traders, they can also be unpredictable and vary widely, potentially increasing trading costs.

4. 　　Limited Regulatory Jurisdiction: Although regulated by the LFSA, the regulatory scope is limited to Malaysia, which may not provide the same level of international oversight as more globally recognized regulatory bodies.

5. 　　No Mention of Educational Resources: There is no explicit mention of educational resources or support for traders, which can be a drawback for beginners or those looking to expand their trading knowledge and skills.

Products & Services

　　CDG Market offers a diverse range of trading products, meeting various interests and strategies of traders. Here's a breakdown of their product offerings:

1. 　　Currency Pairs: CDG provides an extensive selection of over 80 currency pairs, including major, minor, and exotic pairs. This includes pairs like ZAR/JPY, USD/ZAR, USD/TRY, and more, with tailored liquidity options thanks to their Tier 1 bank access, ensuring clients can trade based on their needs.

2. 　　Indices: Traders at CDG can engage with a variety of global indices, reflecting different segments of the financial markets. For instance, they offer AUS200, representing the 200 largest Australian stocks, DE30 for the 30 largest German stocks, EU50 for the 50 largest European stocks, and more. These indices allow traders to speculate on broader market movements and diversify their investment strategies.

3. 　　Commodities: While the specifics are less detailed, CDG's inclusion of commodities indicates that traders can engage in markets like metals and energies, providing further diversification opportunities. Trading commodities can offer a hedge against inflation or serve as a speculative venture based on market trends and economic indicators.

Account Types

　　CDG Market offers two distinct account types to meet the diverse needs and preferences of its traders:

　　Classic Account:

　　The Classic Account from CDG Market is an excellent starting point for traders who are either new to the trading world or prefer to start with a lower investment, with a minimum deposit requirement of just $100. It offers a maximum leverage of 1:100, allowing traders to amplify their trading positions moderately.

　　The account features raw spreads, meaning traders get direct access to market prices without additional spread costs. A commission of $6 USD per trade is applied, which is competitive and cost-effective for traders monitoring their transaction costs closely.

　　Pro Account:

　　Tailored for more experienced traders or those with more capital to invest, the Pro Account from CDG Market requires a minimum deposit of $2000. It maintains the same maximum leverage as the Classic Account at 1:100, suitable for traders looking for significant market exposure without excessive risk.

　　Pro account holders benefit from raw spreads, ensuring direct access to market pricing. The commission rate is reduced to $4 USD per trade, offering a cost advantage to high-volume traders or those looking to minimize trading costs on larger positions.

How to Open an Account？

　　Opening an account with CDG Market is a straightforward process that can be broken down into the following four steps:

1. 　　Choose Account Type: Begin by navigating to the CDG Market website and reviewing the details of the available account types—Classic and Pro. Select the one that best fits your trading style, experience, and the capital you are willing to invest.

2. 　　Complete the Registration Form: Once you've chosen your account type, click on the respective 'Open Account' button. You will be directed to a registration form. Fill in the required personal information, including your name, email address, contact details, and any other necessary identification information to comply with KYC (Know Your Customer) regulations.

3. 　　Verify Your Account: After submitting the registration form, you will need to verify your account. This typically involves uploading proof of identity (such as a passport or driver's license) and proof of residence (such as a utility bill or bank statement). This step is crucial for ensuring the security of your account and compliance with regulatory requirements.

4. 　　Fund Your Account: Once your account is verified, you can proceed to fund it. Log in to your new CDG Market account, navigate to the deposit section, and choose your preferred funding method. The minimum deposit amount will depend on the type of account you have selected. After funding your account, you are ready to start trading the various financial instruments offered by CDG Market.

Leverage & Deposit

　　Leverage in CDG Market: CDG Market provides its traders with a leverage option of up to 1:100. This leverage allows traders to control a large position in the market with a relatively smaller amount of invested capital. It magnifies both potential profits and losses, making it a powerful tool in the trading arsenal.

　　Minimum Deposit in CDG Market: The minimum deposit requirement at CDG Market differs based on the account type chosen by the trader. For the Classic Account, the minimum deposit is set at $100. On the other hand, the Pro Account attracts more experienced traders or those willing to commit a larger capital, with a minimum deposit requirement of $2000.

Trading Platform

　　CDG Market offers its clients the MetaTrader 5 (MT5) trading platform, renowned for its advanced trading features and user-friendly interface. MT5 supports an expanded array of technical indicators and chart types, providing comprehensive analysis options to help traders make informed decisions.

　　Additionally, the platform supports the MQL5 language, allowing for the development of custom indicators and automated trading robots.

　　Traders can execute various order types on MT5, including six types of pending orders like Limit, Stop, and Limit-Stop, offering flexibility in trading strategies and order management. This platform is designed to offer more trading possibilities and an excellent trading experience for CDG Market clients.

Customer Support

　　CDG Global (Labuan) offers dedicated customer support to address various client inquiries and needs.

　　Traders can contact the support team via email at support@cdgmarket.com for assistance with their trading accounts, platform questions, or any other service-related issues.

　　For further information and resources, clients can visit the company's website at www.cdgmarket.com.

　　The physical address of CDG Global (Labuan) is Office 11, Jamie Robin Business Centre 1, Unit F10, 1st Floor, Paragon Labuan, Jalan Tun Mustapha, 87000 Labuan F.T., reflecting their commitment to transparency and accessibility in customer service.

Conclusion

　　In conclusion, CDG Global (Labuan) Limited is a reputable trading platform regulated by the Labuan FSA, offering a wide array of trading products including currency pairs, indices, and commodities.

　　With a robust MetaTrader 5 platform, competitive account options, and a commitment to transparent and tailored trading solutions, CDG meets a diverse range of traders' needs.

　　Their customer support and comprehensive educational resources further enhance the trading experience, making CDG a solid choice for traders looking for a reliable and dynamic trading environment.

FAQs

　　Q: What trading platform does CDG Global use？

　　A: CDG Global uses the MetaTrader 5 (MT5) trading platform.

　　Q: What types of trading accounts does CDG Global offer？

　　A: CDG Global offers two types of trading accounts: Classic and Pro.

　　Q: What is the minimum deposit required to open an account with CDG Global？

　　A: The minimum deposit is $100 for a Classic account and $2000 for a Pro account.

　　Q: Is CDG Global regulated？

　　A: Yes, CDG Global (Labuan) Limited is regulated by the Labuan Financial Services Authority (LFSA).

　　Q: What types of financial instruments can I trade with CDG Global？

　　A: You can trade a variety of financial instruments, including currency pairs, indices, and commodities.

　　Q: How can I contact CDG Global customer support？

　　A: You can contact CDG Global customer support via email at support@cdgmarket.com.