CGFX
Company Background
The brand belongs to CG Global Ltd, which is registered in the Republic of Mauritius and regulated by the offshore FSC commission. According to the site’s information, this platform has been operating for over 25 years. Please note that the domain name was created in 1998.
In our review of this broker, we will thoroughly check CGFX’s legitimacy, commissions, account types, and risks associated with this project. Our goal is to provide you with unbiased information about the company that you need to decide to cooperate with it.
Overview of Services and Trading Terms
The broker encourages traders to join “the CGFX family” and take advantage of a “robust trading ecosystem that provides you with streamlined ways” to succeed. Newbies can try trading at CGFX from the demo mode, where there is no risk of losing real money. The popular MetaTrader 5 is supported as a working platform. The terminal is available not only on PCs, but also on smartphones.
Social Trading allows clients to copy the trades of successful traders.
You can trade 5 asset classes, including currencies and stocks. CGFX offers three trading plans with minimum deposits of $50/250/1,000. Leverage is limited to 1:400. As for fees, which depend on the account type, spreads range from 0/0.6/1.0 pip and commissions are up to $5 per lot.
CGFX promises its clients 24/7 market access, a wide range of currency pairs, expert support, and training. You can gain real-time learning experience using AnyDesk. In addition, the broker guarantees security by separating client and organization accounts, but does not provide any details.
Referral and Bonus Schemes
CGFX offered a number of exclusive bonuses in honor of its 25th anniversary of operation. All prizes are structured by deposit amount: if you have a $1,500 balance, you get a $100 bonus. Smartphones, laptops, and travel were given out as rewards for deposits of $3K/$45K. Meanwhile, the promotion period has already ended (from February 1 to March 1), and there are no new offers on cgfx.com. However, you can earn from referrals at any time. The company presents the Introducing Broker and Invite a Friend programs. A $50 reward is paid to a friend with a deposit of $250 or more.
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FAQ
Is there any income guarantee when trading with cgfx.com?
What sum is necessary to begin dealing with CGFX?
What deposit and withdrawal methods are available?
Is cgfx.com a legitimate website?
Is it like roulette with no guarantee of earning money?
Overall Score
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1 review07.05.2025 18:52My investigation
The company rebranded itself to mislead customers again under a different name. For example, the registration certificate for the change of name of the management entity from Halteh Financial Group to CG Global Ltd was issued in November 2023, and Halteh Financial Group’s investment license in Mauritius was issued in April 2022. Finally, the website domain was used by CGTIM from 2004 to 2009 and then only became the domain of CGFX from September 2020. All of this information is on the website, it’s just that traders don’t usually delve into it.
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1 review04.05.2025 13:24No stability
The promised leverage is never true. Instead of the claimed 1:400 I actually got 1:200, and at the same time margin requirements increase without warning. How can you trade if the conditions are constantly changing?
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1 review03.05.2025 06:53This broker is the worst of all.
When I tried to clarify why such high spreads, I was simply ignored. Then my account was magically locked without explanation. Do not invest your money with CGFX as my $350 just disappeared!
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1 review06.04.2025 00:15The support team ignores my requests
I invested $11k and everything was going well until I encountered serious technical problems on this platform. My trades were automatically closed and I lost most of my funds
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1 review01.04.2025 12:30My experience with this brokerage company is positive
I am not going to give up cooperation with this broker. The reasons are clear: favorable trading conditions, affordable entry threshold and constant support. I have not noticed any fake quotes, terminal manipulations or miscalculations on cgfx.com. The company strives to operate with integrity, so I stand by my opinion.
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1 review26.03.2025 15:21They are scammers!!!
My $180 deposit was reduced by 50% in a couple of trading sessions!
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1 review24.03.2025 22:16The broker does a good job of doing a good job
If I trade, it is only here! Broker CG FX pays unconditionally, and this is the most important thing for me!
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1 review22.03.2025 02:49They change the terms and conditions as they see fit
I tried to withdraw €74, so these scammers said that according to the new rules, the minimum for withdrawal is now $100. Thanks for the “transparency”, there were no notifications!
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1 review15.03.2025 02:05You should not invest here.
You can be 100% sure that you will be fucked here and have all your money stolen. But these filthy garbage men from some Mauritius don’t know how to work any other way. They are pathetic forex servants who steal money from anyone who makes a deposit here, even $50, even $100-$200. They are stupid and anonymous scammers who only pretend to operate legally and safely. Once you open a trade, once you place a stop loss, these dealers will draw a chart that matches your stop loss. Then you transfer your money for withdrawal and they will come up with 100 reasons why they can’t withdraw your money. So don’t invest your money in dumpsters like this pseudo broker.
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1 review09.03.2025 21:10Trading according to their terms and conditions is unrealistic
I traded for about a week on a demo account, everything was going fine. There were no lags, no delays, no requotes or slippages when opening orders. In short, everything was just great on cgfx.com. So, I decided to open a live account. I invested $460. And as soon as I started trading, I immediately saw a huge difference between real trading and what was on the demo account. The platform started to freeze up a lot. I wait 1-2 minutes for the chart to load. I trade intraday on 4-5 trades per day, and this option does not suit me in any way. Now I am waiting for the withdrawal of funds with anxiety, as 5 days have passed and the money has not yet arrived from cgfx.
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1 review27.02.2025 14:15I can't say a single good word
I have been using the services of Cgfx for two months now. However, every time I try to scalp, my trades are mysteriously rejected or executed with delays. Because of this I have missed more than one profitable trade, eventually losing around £770 on cgfx.com. It seems that their system is specifically set up to burn traders’ deposits.
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1 review21.02.2025 21:37Total disappointment!
I realized that it was a waste of time and money after two months of trading with CGFX. The thing is that there are constant problems with order execution, incomprehensible debits occur from the account. I lost $680 and I don’t want to do business with them anymore.
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1 review20.02.2025 20:55I do not recommend this broker
As stated on the site, the broker has a license, but for some reason this is not visible: firstly, I could not get paid for referrals through the affiliate program, and secondly, the spreads reach 15 pips, when usually this figure varies within 3-4. The site is constantly freezing.
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1 review14.02.2025 02:28I can not write anything good about this company
If I could write something positive and good about CG FX, I would. For example, that the broker is controlled by reputable regulatory bodies, but the regulators here suck, there is no control of decent financial commissions. Moreover, the longevity of CG FX is falsified by these scammers, as it is short, they bought a domain that was created in 1998. The business model is also not specified because it is a business plan that is associated with conflict of interest. Finally, the names of the founders are also not listed on cgfx.com, this was all done to prevent abandoned traders from finding the fraudsters and dealing with them about the stolen money
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1 review05.02.2025 04:23I lost all my money here
I lost $2,87K and now I can’t even withdraw the balance. CGFX support team is not really a support team, but just a “filter” that keeps you away from the management. As soon as you start asking uncomfortable questions, they immediately refuse to help. I should have listened to the traders I know and not messed with the crooks.
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1 review04.02.2025 05:13Scammers will cheat you
At first they promise incredible conditions, low spreads and no commissions. However, as soon as you start actively trading, Cgfx widens spreads to inadequate sizes and some hidden commissions appear. As a result, instead of making money, you only pay it to cgfx.com. They work solely to make traders lose money
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1 review01.02.2025 22:34This totally sucks.
It’s a scam! I withdraw my $400 but CGFX blocks my withdrawal and charges me some kind of $120 penalty for “improper trading”! What kind of nonsense is this??! In addition, the platform is constantly glitching, it’s impossible to trade. Honestly, companies like CGFX should be shut down and penalized! There is no real license, it is just a collection of fraudsters! I do not recommend anyone to come here!
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