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CDFX

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has reviewed that CDFX is an unregulated forex broker CDFX claims to be operated and owned by a Dubai-based company named CD Captials LTD, whilst providing zero details about the trading license on its website, which is already a red flag for potential traders. Besides, we didn't find any regulatory information about this broker from the DuBai's regulator Financial Services Authority (DFSA) and the UAE's regulator Central Bank of the United Arab Emirates (CBUAE). So CDFX Captial is currently not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

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BrokersView has found that CDFX is not working On 6 Jul 2022, BrokersView found the domain http://www.cdfxcapital.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Why is it so hard to reach out to the customer service? Is this broker a scam? CDFX Captial is NOT a legitimate broker and should be avoided at all events. CDFX Captial claims to be operated and owned by a Dubai-based company named CD Captials LTD, whilst providing zero details about the trading license on its website, which is already a red flag for potential traders. Besides, we didn't find any regulatory information about this broker from the DuBai's regulator Financial Services Authority (DFSA) and the UAE's regulator Central Bank of the United Arab Emirates (CBUAE). So CDFX Captial is currently not regulated by any financial regulator. As per the evidences above, our final conclusion is that CDFX Captial is thoroughly a scam on account of running its business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders to stay away from unregulated brokers and trade with licensed brokers. View Source

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