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Score

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/10

CG FinTech

Mauritius|Within 1 year|
Suspicious Regulatory License|White label MT4|Regional Brokers|High potential risk|

https://www.cgfintech108.com/en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

16
Server Name
CGFintechHK-Live MT4
Server Location United Kingdom

Contact

+971 4555 9581
marketing@cgfintechfx.com
https://www.cgfintech108.com/en
32F2+655, Castries - Gros Islet Hwy, Rodney Bay, St Lucia

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
Mauritius
Operating period
Within 1 year
Company Name
CGTrade (Mauritius) Limited
Abbreviation
CG FinTech
Company employee
--
Customer Service Email Address
marketing@cgfintechfx.com
Contact number
0097145559581
Company address
32F2+655, Castries - Gros Islet Hwy, Rodney Bay, St Lucia
Account Information
Related Software
Website
Company Summary
Review
Related Software
MT4: White Label
2
MT4 Servers
0
MT5 Servers
76.20
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
White LabelAverage

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Website

  • cgtrade.co

    Server Location

    Hong Kong

    Website Domain Name

    cgtrade.co

    Server IP

    40.83.95.144

  • cgtrade.com

  • cgfintech108.com

Company Summary

CG FinTech Review Summary
Founded2024
Registered Country/RegionMauritius
RegulationFSC
Market InstrumentsForex, Indices, Precious Metals, Cryptocurrency, Energies, Stocks
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.1 pips
Trading PlatformMT4
Min Deposit$0
Customer SupportPhone:+971 4555 9581
24/7 service
Physical Address: The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Republic of Mauritius.
Email:marketing@cgfintechfx.com
Social Media: Facebook, Linkedin, Twitter, Instagram.

CG FinTech Information

Established in 2024 and registered in Mauritius, CG FinTech operates as a broker offshore regulated by the Financial Services Commission (FSC). The company offers six asset classes: forex, indices, precious metals, cryptocurrencies, stocks, and energies. It also provides access to the MT4 trading platform and supports the use of demo accounts.

CG FinTech says it focuses on enhancing the accessibility of financial services through technological innovation and compliance practices, with operations spanning over 100 countries worldwide. The company supports businesses and traders and offers tailored solutions.

CG FinTech Information

Pros and Cons

ProsCons
Negative Balance ProtectionMT5 is not supported
Support MT4Commission charged on ECN accounts
Available demo accountsslippage may occur during major news announcements
24/7 service
Commission starts at $0

Is CG FinTech Legit?

CG FinTech is under the offshore regulation of The Financial Services Commission(FSC), holding License number C118023669.

Is CG FinTech Legit?
Is CG FinTech Legit?

What Can I Trade on CG FinTech?

CG FinTech offers six asset classes, including forex, indices, precious metals, cryptocurrencies, stocks, and energies, with access to over 300 popular trading products.

  • Forex: Trade over 30 currency pairs with light execution speeds.
  • Indices: Access major global indices with zero commissions.
  • Precious Metals: Trade Gold and Silver crosses with spreads starting from 0.1 pips.
  • Cryptocurrencies: Instantly access top cryptocurrencies like Bitcoin and Ethereum. Trade pairs like BTC/USD, ETH/USD, LTC/USD, and more.
  • Stocks: Trade shares of world-renowned companies.
  • Energies: Trade three types of energy commodities via CFDs.
Tradable InstrumentsSupported
Forex
Indices
Precious Metals
Cryptocurrency
Energies
Stocks
ETF
What Can I Trade on CG FinTech?

Account Types

CG FinTech offers three types of accounts: ECN Account, CENT Account, and STANDARD Account. It also offers demo accounts for traders.

The minimum deposit required for an ECN account is $100, spreads start at 0.1 and a commission of $3 is payable. In contrast, CENT and STANDARD accounts require a minimum deposit of $0 and $100 respectively, both of which are commission-free, but with spreads starting at 1.6.

ECN AccountCENT AccounSTANDARD Account
Minimum Deposit$100$0$100
Spreads Start from0.11.61.6
Commission:$300
Leverage:Up to 1:1000Up to 1:1000Up to 1:1000
Stop-Out Level30%30%30%
Account Types

To open an account, There are three steps.

1. Registration: Click on ‘Register’ and fill in your personal details to register for free.

2. Deposit: Open an account and make a deposit through the secure payment gateway.

3. Trading: Download the trading platform and login with credentials to start trading.

open an account

Leverage

ECN Account, CENT Account, and STANDARD Account have a leverage of 1:1000. High leverage means high returns but also high risk.

CG FinTech Fees

CG FinTech's spread and commission structure differ across account types.

The ECN Account offers spreads starting from 0.1 and charges a commission of $3, while both the CENT Account and STANDARD Account have spreads starting from 1.6 but do not charge any commission.

Here is the fees comparison table:

Account TypeSpreads (from)Commission
ECN Account0.1$3 per trade
CENT Account1.6$0
STANDARD Account1.6$0

Trading Platform

Spring Gold Market offers traders the MetaTrader 4 platform.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Windows, IOS, Android.Professional traders andbeginners
MT5/
Trading Platform

Deposit & Withdrawal

CG FinTech offers deposit methods including cryptocurrency, local bank transfers, credit card payments, and wire transfers.

Deposit Policy: CG FinTech offers a zero-fee policy for deposits.

Minimum Withdrawal: $50.00 USD or the equivalent in any supported local currency.

Withdrawal Processing Time:

  • Requests are processed within one business day.
  • The time for funds to reach the bank account depends on the bank's policy.
  • Bank wire withdrawals may take 2 to 5 business days.
Supported CurrenciesFeesProcessing Time
Crypto WalletsBTC / ETH / USDT-TRC20 / USDT-ERC20 / USDT-BEP20Deposit : No chargeInstant
Withdrawal :BTC : USD 10ETH : USD 10USDT-TRC20 : No chargeUSDT-ERC20 : USD 10USDT-BEP20 : USD 101 Working day
International Wire TransferUSD / EUR / GBPDeposit : No charge2-5 Working days
Withdrawal : USD 252-5 Working days
Local TransfersCNY / KRW / IDR / INRDeposit : No charge5 - 30 mins
Withdrawal : No charge1 Working day
Credit CardVisa / MasterCard / American ExpressDeposit : No charge5 - 15 mins
Withdrawal : No charge2-5 Working days
Deposit & Withdrawal

Keywords

  • Within 1 year
  • Suspicious Regulatory License
  • White label MT4
  • Regional Brokers
  • High potential risk
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