General Information & Regulation
CFDHolding, a trading name of CFD PRIME LLC, is allegedly a forex and CFD broker registered in Saint Kitts and Nevis that claims to provide its clients with over 200 tradable financial instruments with leverage up to 500:1 on the MetaTrader4 for PC and Phone trading platforms. Here is the home page of this brokers official site:
As for regulation, it has been verified that CFDHolding does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.33/10. Please be aware of the risk.
Market Instruments
CFDHolding advertises that it offers access to more than 200 trading instruments in financial markets, including forex, CFDs, stocks, indices, cryptocurrencies, metals and other commodities.
Account Types
CFDHolding claims to offer demo and live accounts. However, the broker says nothing about the minimum initial deposit requirement to open an account.
Leverage
The leverage provided by CFDHolding is capped at 500:1. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
The platform available for trading at CFDHolding is the worlds leading MetaTrader4 for PC and Phone. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
CFDHolding says to work with numerous means of deposit and withdrawal choices, consisting of wire transfers, MasterCard, Visa, Neteller, Skrill and Bitcoin. The minimum initial deposit requirement is said to be only $50, while there is no minimum withdrawal amount. There are no deposit and withdrawal fees charged. As for the processing time of deposit and withdrawal requests, it usually takes up to 30 minutes.
Customer Support
CFDHolding‘s customer support can be reached by filling in Contact Form to get in touch. Office address: Dixcart House, Fort Charles, the Federation of Saint Kitts and Nevis. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
Risk Warning
Online trading involves a significant level of 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 contained in this article is for general information purposes only.
