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CFG
Suspected Fraud
Suspected Fraud

CFG

🇺🇸
  • Forex
  • Brokerage
Within 1 year
Website

Current Rating

1.15

Industry Tier

E

Profile

CFG is an online forex broker established in the United States in 2024, focusing on providing a diverse range of trading services including forex, stocks, and cryptocurrencies. Its official website supports English, Japanese, and Traditional Chinese languages, offering global users a convenient trading experience. For more detailed information, you can visit the official website at https://cfg-ltd.com/.

CFG Corporate Entity Information:

CFG is a company that registered its domain name on February 8, 2024. The company's address as shown on its official website is 408 S Spring St, Unit 708, Los Angeles, California, USA, with the ZIP code 90013. However, we have been unable to find detailed corporate registration information for CFG on public websites. This lack of transparency may raise questions about the reliability of this broker. Investors might need to consider this factor carefully before deciding to cooperate with it.

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CFG Regulatory Information:

According to the search results using the NFA code provided on the CFG official website, it shows “Not an NFA Member.” This indicates that CFG is not a member of the National Futures Association (NFA) in the USA, and thus lacks the qualification for regulation and supervision by the NFA. The NFA is an authoritative organization responsible for regulating participants in the futures and forex markets in the USA. The absence of such qualification might raise legitimate concerns about the reliability of CFG. When choosing a broker, investors need to rationally weigh the risks that this regulatory gap may bring.

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CFG Account Opening Process:

The steps to quickly open an account at CFG are as follows:

  1. Download the application through Google Play or the App Store.
  2. Link your bank account and proceed with payment, adding a personal checking account link.
  3. You can then start trading forex freely.
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CFG Trading Platform:

The information on CFG's official website clearly lacks transparency regarding its trading platform, without providing any details about the trading platforms used for forex, stocks, and cryptocurrency trading. This absence of platform information might confuse potential investors, as the quality and features of the trading platform are crucial to the trading experience. When selecting a broker, investors usually prefer companies that provide clear platform information to ensure they can trade with confidence and convenience. The lack of this key information might raise concerns about CFG's transparency.

CFG Account Types:

CFG's official website does not provide any detailed information about its account types, leaving potential investors lacking adequate guidance in choosing an account that fits their needs. Account types are usually a key consideration for investors, as different types of accounts may involve different fee structures, leverage ratios, and specific trading conditions.

CFG Trading Instruments:

The CFG official website mentions that it offers a variety of trading instruments such as forex, stocks, and cryptocurrencies, but the site does not provide specific products or more detailed information about these varieties. Usually, investors looking to choose a trading platform want to know detailed contract specifications, leverage ratios, trading hours, and other important information for each type of instrument.

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CFG Deposit and Withdrawal Methods:

On CFG's official website, no specific explanations are provided about the methods of deposit and withdrawal. This lack of transparency might make potential clients uneasy, as they cannot obtain crucial information about the deposit and withdrawal process, available payment options, transaction fees, and processing time.

CFG Contact Information:

The CFG official website only provides contact through the website message and email (admin@cfg-ltd.com).

CFG Social Media:

CFG claims to have social media presence on platforms like Twitter and Facebook, but actual investigations found no official CFG pages, which indicates false advertising. Such inconsistency might lead investors to question their trust in CFG, as the company fails to fulfill its promises about social media presence, giving an impression of a lack of integrity. This is crucial for establishing trust in the financial field, and CFG's false advertising on social media may negatively impact its reputation.

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Summary:

CFG lacks effective regulatory information, has a short company registration duration, existing only for a few months. The company's official website content is limited, lacking sufficient corporate transparency to provide investors with comprehensive and reliable information. Furthermore, false advertising on the webpage further weakens CFG's credibility. In the financial market, a lack of transparency and a reputation for fraudulent activities can severely damage a firm's trustworthiness. Currently, CFD is listed as "Suspicious of Scam" on Traderknows.

User Reviews

1.15

Rated by 0 people

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FAQ About CFG

01

What is the official website of CFG?

The official website of CFG is https://cfg-ltd.com/.

02

Is CFG legit or scam?

CFG is currently listed as Suspected Fraud on TraderKnows.

03

What kind of company is CFG?

CFG is a Forex, Brokerage company.

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