CFGLOBAL

CFGLOBAL is a brokerage entity registered in Australia, established on 6 January 2022. The broker targets retail forex traders with a range of account tiers designed to accommodate different capital levels.

CFGLOBAL lists the Vanuatu Financial Services Commission (VFSC) as its regulator. However, the status of the licence is marked as '—' in regulatory records, and industry data indicates that the firm is unregulated. The absence of a verified licence from a major jurisdiction is a significant concern for trader protection.

The broker offers four account types: Buffett-class (minimum deposit $20,000), PLATINUM ($5,000), STANDARD ($200), and MINI ($70). All accounts provide a maximum leverage of 1:500. The high minimum deposit for the top tier targets high-net-worth individuals, while the low-entry MINI account seeks to attract retail traders with limited capital. Leverage of 1:500 is high and carries substantial risk.

No specific trading instruments or platform details are available in known records. The absence of this information limits traders' ability to assess the broker's offering. It is unclear whether CFGLOBAL provides access to forex, CFDs, or other asset classes.

According to the company description, CFGLOBAL's official website has been closed, preventing traders from accessing security information or account services. This is a critical red flag, as an inaccessible website suggests operational issues or potential cessation of business.

FXCanary has assigned a Scam Risk Score of 85 out of 100, categorised as 'Severe'. Key risk factors include the lack of effective regulation, the closed website, limited public information, and the high leverage offered. Traders are strongly advised to exercise extreme caution.