CFReserve is an offshore Forex / Crypto CFD broker, that officially went live on October 3rd 2018.
Originally they were owned and operated by Imperial App Limited, and located at: 28 Jawaharlal Nehru Blvd, Office 24, Stolichna Municipality, Borough of Lyulin, Sofia, Bulgaria. Their website was at CFReserve.com.
Now they are operating in Nigeria, with a website of CFReserve.com.ng. They are located at: 26A Awori Road, Dolphin Estate, Ikoyi, Lagos, Nigeria. Phone number is: (+234) 07066803226, and email address is: [email protected].
For withdrawal issues, problems and complaints, read this.
CFReserve Reviews
Our review of this new CFD broker CFReserve finds, that they are operating on the web-based trading platform made by Proftit. This trading software has CFD’s available on Forex pairs and most Crypto Currency coins. Charting is provided by the popular TradingView software. Available for trading is over 180 underlying assets across the various asset classes. The minimum deposit for a new account is $250.
A CFD broker, gives you the ability to speculated based on the movement of the price of the asset using margin / leverage. This broker is offering Crypto trading at leverage of 10:1. Typically 85% of investors lose money trading CFD’s and that is because they don’t realize what they are buying.
You must understand the difference between buying a Crypto Currency and trading CFD’s on the Asset. You are probably interested in using one of the automated trading systems that advertise on Facebook. Make sure to do your research, and read how these trading robots actually work, read more.
Does CFReserve Have a License?
No, CFReserve is not a licensed broker.
When the Scam Broker Investigator reviews a CFD Forex broker to see if they are a legitimate or scam broker, we check with the FCA & ASIC for a valid license. The best CFD brokers are actually licensed and regulated by a government agency like; FCA United Kingdom, SEC United States or ASIC Austalia.
Smart investors always verify that the broker they are going to invest with, is actually licensed in their local country of residence. You can find a list of all the popular Forex brokers here.
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What was your trading experience with CFReserve like?
Please leave your review in the comments below.