CFD World – scammers or a decent broker?

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CFD World – what we know and have as facts about it; CFD World is a brand name of Goldenburg Group Limited, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number 242/14. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.

We have found that the company uses the Straight Through Processing (STP) model for order execution. This means it is connected to one or multiple liquidity providers and forwards the trades of its clients to the liquidity provider that currently offers the best price. Further, a liquidity provider might forward a client’s order to another liquidity provider in the chain or execute the order itself. Therefore, CFD World is not a market maker and the main conflict of interest related to market makers is not relevant here.

We also found that there are some posts in forums about posting highly suspicious positive reviews, which probably are fake.

So far, we have not received any complaints from customers of CFD World. If you have any criticism to share with us or feel annoyed by CFD World, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and CFD World if you wish.

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