What is CGC Global Markets？
CGC Global Markets is a financial institution that was founded in 2013 and is registered in the United States. It's crucial to note that it currently operates without any financial regulatory oversight as it is non-regulated. Therefore, potential clients and investors are recommended to proceed with caution and conduct thorough research before conducting trades or business with CGC Global Markets.
Pros & Cons
Pros:
24/7 Customer Service: CGC Global Markets offers round-the-clock customer service, providing continuous support to clients, which helps in promptly addressing their queries and concerns.
MT5 Supported: The use of the MT5 platform, a comprehensive and flexible trading system favored by global financial service providers, ensures full-coverage technical analysis of trading markets, enhancing clients' trading experience and proficiency.
Cons:
Non-regulated: Despite holding a Common Financial Service License, CGC Global Markets is unauthorised by the National Futures Association. Their non-regulated status means they do not adhere to the standards set by financial regulatory authorities, necessitating clients to exercise caution and thorough research.
Limited Information Available: The official website of CGC Global Markets does not provide comprehensive information about its operations, which could potentially hinder potential clients' decision-making process and risk assessment.
Is CGC Global Markets Safe or Scam？
Regulatory Sight: CGC Global Markets is currently unauthorized by the National Futures Association (NFA). They hold a Common Financial Service License, with the license number 0559506. Even though they possess a license, their status as unauthorized suggests a lack of adherence or compliance to the regulatory standards set by the related authorities. Hence, this requires prudence and comprehensive research from potential clients and investors when considering involvement with CGC Global Markets.
User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
Security Measures: So far we haven't found any information about the security measures for this broker.
Market Instruments
Contract for Differences (CFD): This allows clients to speculate on the rising or falling prices of fast-moving global financial markets or instruments such as shares, indices, commodities, currencies, and treasuries.
Forex Trading: Clients can trade various currency pairs on the global forex market.
Precious Metals: They offer opportunities to trade in precious metals, which traditionally includes gold and silver, and possibly others like platinum and palladium.
Stocks: CGC Global Markets provides access to trade on stocks of numerous leading global firms, which allows their clients to benefit from the price movements of these stocks.
Trading Platform
CGC Global Markets leverages the MT5 platform, which is a popular trading platform favored by global financial service providers. Known for its convenience, stability, and flexible intelligent system, the platform provides full-coverage technical analysis of the 24-hour foreign exchange market. Recognized as one of the most exhaustive sources for technical analysis information, this platform presents an ultimate solution for online trading, technical analysis, and automated trading. Through the MT5, users can access support that can help elevate their trading experience and proficiency.
Customer Support
CGC Global Markets offers customer support 24/7. Customers can reach out to them via phone at +7 (212) 697-88-88. Email support is available at support@cgcglobalmarkets.com. Alternatively, customers can also get in touch with them using the contact form provided on their website. This round-the-clock support ensures that customer queries and concerns are addressed promptly.
Conclusion
CGC Global Markets is a financial institution that provides multiple trading options including Contract for Differences (CFD), Forex trading, precious metals, and stocks through the stable and flexible MT5 platform. However, clients need to be cautious as the company operates as an unauthorized entity by the National Futures Association.
Frequently Asked Questions (FAQs)
Q: Is CGC Global Markets regulated？
A: Currently, CGC Global Markets is not regulated by any financial regulatory authority and is unauthorized by the National Futures Association.
Q: What trading platform does CGC Global Markets use？
A: CGC Global Markets uses the MT5 platform, renowned for its stability and flexibility, for online trading, technical analysis, and automated trading.
Q: What kind of instruments can I trade with CGC Global Markets？
A: CGC Global Markets provides trading in Contract for Differences (CFD), Forex Trading, precious metals, and stocks.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
