CedarFX Journal

Journal status: live
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CedarFX Profile
Year
2020
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
...
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
not disclosed
LPs names
not disclosed

CedarFX Accounts
STP
Minimum Deposit
10 $
Leverage
500 : 1
Minimum Lot
0.01 lots
EURUSD spread
...
Commission
0 $/lotRT
Volume
...
Margin Call
5 %
Stop Out
30 %
Execution
Market
Spread
floating
Scalping
yes
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Is CedarFX safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is CedarFX trusted?

  • Information transparency: limited ★★
  • Customer service: prompt, helpful ★★★★★
  • CedarFX website: uninformative, updated ★★
  • CedarFX popularity (by visitor count): low visits ★★

How CedarFX works

(d) Transactions in CFDs are not undertaken on a recognized exchange but via the Company’s Trading Platform whereby execution is effected by the Company or other financial institutions and may, therefore, expose the Client to greater risks than regulated exchange transactions. The Terms and Conditions and trading rules are established solely by the Company. The Client may be obliged to close an open position of any given CFD during the opening hours of the Company Platform;

V. The Broker may choose to not follow the Client’s instructions outside of standard trading hours.

VI. The Broker has the right to modify spreads for each instrument without prior notice.

VII. CFD and spread betting quotes found on the Broker Platform are correlated to the price of the underlying asset, but the Broker is not obliged to ensure that CFD the ‘Bid’ and ‘Ask’ quotes displayed after markets close are fully reflective of the underlying asset’s price.

https://www.cedarfx.com/risk-disclosure/

Comments

CedarFX Agent

We are not an A Book or B Book broker, we are ECN STP broker.
Our pricing is provided directly by our liquidity providers, and we use more than one liquidity provider in order to keep spreads as low as possible for all our customers.
We earn money from the spreads.

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