✔️ Information reviewed and updated in February 2024 by Eduardo López
Opinions and information about the broker Cardinal FX Trade
¿It is the really trustworthy broker Cardinal FX Trade (aka cardinalfx.trade)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
✔️ Cardinal FX Trade broker is a broker of: Forex and CFDs.
✔️ The broker mentions be part of: Cardinal FxTrade Group, Cardinal Limited, Cardinal Fx Trade INTL Limited y Cardinal Fx Trade Africa (Pty) Ltd. (all non-existent).
✔️ Cardinal FX Trade is based on: they claim to be located in the United Kingdom, but in reality it is not registered there, this information is false.
✔️ If we talk about regulation, Cardinal FX Trade broker does not mention absolutely anything about being regulated, Cardinal FX Trade is an unregulated broker.
We will continue to analyze the different account types that Cardinal FX Trade offers. In the case of Cardinal FX Trade we note that it has 3 different plans or types of account: Standard Account, Premium Account and VIP Account.
🔹 Standard Account: minimum deposit $ 500.
🔹 Premium Account: minimum deposit $ 2.500.
🔹 VIP account: minimum deposit $ 10.000.
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🔸 The platform used to trade is: MT4 platform and Auxiliary System.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that Cardinal FX Trade offers, explanation of basic concepts of the world of investments, some live charts, economic calendar, really not much else.
Cardinal FX Trade Features
Additional information about the company
🔸 Phone number: +1(917)383-3676
🔸 E-mail: does not have.
🔸 Website: cardinalfx.trade
🔸Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: None by the moment
Cardinal FX Trade valuation
With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️.
Why? It is a fraudulent broker that does not have a registration and is not regulated by any authority, therefore we do not know where it really is located, in addition, when looking for information and other reviews about Cardinal Fx Trade we found a lot of negative reviews.
March 2021 update: CNMV, Spanish financial regulator, has reported Cardinal Fx Trade for fraudulent activities.
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