About cginvest
Company Overview
CG Invest, also known as Commercial Group FX (CGFX), is an online trading broker headquartered in Mauritius. According to official records, the company was founded on 31 July 2019, though its website claims a history dating back to 1998. The broker operates under a securities trading license from the Financial Services Commission (FSC) of Mauritius, classifying it as a regulated entity within that jurisdiction.
The broker's registered address is Premier Business Center, 10th Floor, Sterling Tower, 14 Poudriere St., Port Louis, Republic of Mauritius. It maintains a social media presence on Facebook, Instagram, LinkedIn, and YouTube, indicating a proactive engagement with the trading community.
Regulation and Licensing
CG Invest holds an FSC license (Securities Trading License, EP) in Mauritius. The FSC is the regulatory authority for the non-bank financial sector in Mauritius. While the FSC provides a degree of oversight, it is important to note that Mauritius regulation is not considered as stringent as top-tier regulators like the FCA or ASIC. Traders should weigh this when considering the broker's safety.
The license status is listed as 'Regulated' in our records, but it carries an FXCanary Scam Risk Score of 28/100 (Guarded), reflecting the inherent risks associated with offshore regulation and the discrepancy in the claimed founding year.
Trading Accounts
The broker offers three account tiers tailored to different experience levels and deposit capacities. The CG-Prime account requires a minimum deposit of $1,000 and is aimed at experienced traders seeking high-volume trading. The CG-Pro account has a $250 minimum, suitable for intermediate traders. The CG+ account requires only $50, making it accessible for beginners.
All accounts provide a maximum leverage of 1:400, which is high and carries significant risk. The broker promotes tight spreads and fast execution, though specific spread figures are not listed on the known facts. Islamic (swap-free) accounts are available upon request, subject to terms.
Platform and Instruments
CG Invest provides the MetaTrader 5 (MT5) platform, a widely-used trading terminal known for advanced charting, automated trading, and multi-asset support. The broker claims to offer a variety of trading instruments across different asset classes, though the exact list of instruments is not detailed in our records.
Traders can access forex, commodities, indices, and possibly cryptocurrencies through CFDs. The MT5 platform is available for desktop, web, and mobile devices, ensuring flexibility for traders on the go.
Deposits and Withdrawals
The broker emphasizes fast withdrawals, stating that over 95% of requests are processed within 10 minutes. It accepts over 80 deposit methods, including local payment options tailored to the client's country of residence. This wide range of methods aims to facilitate easy funding for a global client base.
Deposit and withdrawal policies, including any fees or limits, are not fully disclosed in the available information. Traders should review the broker's terms and conditions before funding their accounts.
Customer Support and Education
CG Invest offers 24/6 customer support through multiple channels: phone, email, WhatsApp, and live chat. The broker also assigns dedicated account managers to assist clients. While the website does not prominently feature educational resources, the broker's social media presence might provide some market insights and updates.
The support team is available to answer questions about account setup, technical issues, and trading conditions. However, independent reviews of the support quality are lacking, so traders should test responsiveness before committing significant funds.
Target Audience
The broker's account structure targets a broad range of retail traders, from beginners (with the low-minimum CG+ account) to experienced high-volume traders (CG-Prime). The high leverage of 1:400 appeals to those seeking amplified exposure, but it also increases risk.
Given the offshore regulation and the discrepancy in the claimed founding year, CG Invest may be more suitable for traders who are comfortable with higher risk and have experience in navigating less-regulated environments. It is not recommended for risk-averse or novice traders without thorough due diligence.
Overview compiled by FXCanary from regulatory records and public data. full cginvest review