CFD Corporate Review
Reason to avoid: No license
Listed Date: June 28, 2018
Top 3 Regulated Forex Brokers
- Company name: Mpower Technologies Ltd
- Registration/license: None
- Registration/license requirement: –
CFD Corporate is a Forex and CFD broker that claims to be located in Switzerland, but without being regulated by the Swiss Financial Market Supervisory Authority. The only contact information they provide is a Swiss phne number. CFD Corporte is owned and operated by Mpower Technologies Ltd – Cyprus based company that has no regulation as well. In order to get a license from CySec (Cyprus Securities and Exchange Commission) the broker has to have an office located in Cyprus. There is a low level of reporting and the taxes are quite reasonable. Initially, only $30,000 is needed and it takes about six months before the license is granted.