CFreserve Review 2025
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Updated:
Reason to avoid: No license
Listed Date: July 30, 2019
Top 3 Forex Brokers
Beware CFreserve is a Non Licensed Broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: No license
Listed Date: July 30, 2019
Beware CFreserve is a Non Licensed Broker. It is NOT SAFE to trade.
No, CFreserve is not safe to trade with because of its unregulated nature. CFreserve is owned by Richfield Limited and claims to be located in Dublin, Ireland. CFreserve doesn’t provide any information about its regulation and doesn’t seem to be authorized in Ireland by its local Central Bank of Ireland or any other EU authority.
🗺️ Registered in | No Registration |
🗺️ Type of License | No License |
🛡️ Is CFreserve safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
According to the website, the broker gives an opportunity to trade over 72 asset classes from across the globe with instant, high-speed access to Forex, Metals, Commodities Gold, Silver, and CFDs through the unique trading platform. It also claims to be secure and reliable. However, in order to secure clients’ funds, the company needs to be regulated.
We found multiple regulation and safety issues with CFreserve, thus we do not rank positively CFreserve, based on our Expert Opinion with over 10 Years of experience in Forex Trading.
Ranking | CFreserve | XM | HFM |
---|---|---|---|
Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
Is Broker safe? | No | Yes | Yes |
Advantages | None | Trading Instruments | Trading Conditions |
We revealed that CFreserve has a lot of issues, especially in respect of its safety and customer care. Thus, here are much better Alternatives to CFreserve with tight regulations and great trading conditions. We select Good Brokers and reliable options for your comparison below:
When opening an account with CFreserve the payment will be debited from the trader’s credit card immediately.
We advise all investors and traders to avoid CFreserve and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Another important red flag is that the broker ceased int services for a while, and now it is back again. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as HYCM and Alpari.
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No news available.
They will not refund my money either, I’m calling Interpol.
I think it’s just one or two people operating under false names.. Indians I believe using western names.. Dan Parker, Dan Bios
We would recommend you to report the police as well as your local regulatory authority.