cashdefimarkertstmg is a CFD broker with a domain registered on February 23, 2024. This broker primarily offers investment services in trading markets such as Forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where it may violate local laws or regulations.
Company Registration and Regulatory Status
According to public information on its website, cashdefimarkertstmg (cashdefimarkertstmg.com) was established in 2016, claiming to be regulated by the Australian Securities and Investments Commission (ASIC) under the corporate entity VLS. However, the broker does not disclose detailed registration information or regulatory details.
Upon investigation, the Australian Securities and Investments Commission (ASIC) has no record of a regulated company named "VLS." Additionally, cashdefimarkertstmg appeared on the UK’s Financial Conduct Authority (FCA) warning list published on July 18, 2024.
Thus, cashdefimarkertstmg (cashdefimarkertstmg.com) is actually a fraudulent broker website with no corporate entity or regulation.
Account Opening Process
To open a trading account with cashdefimarkertstmg, visit their website, click on the “Open Account” on the homepage or "SIGN UP" at the top right corner. Fill in personal information such as name and email, set a login password, and submit. After submission and account verification, the registration will be complete.
Trading Instruments
cashdefimarkertstmg offers a variety of trading products, including Forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from the fluctuations in exchange rates.
- Indices: Index trading allows speculation on the performance of the entire market or specific sectors without trading individual stocks, exploring popular indices for diverse trading opportunities, and leveraging high to enhance potential returns.
- Commodities: Commodity trading covers key global market resources, enabling traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in public company stock price fluctuations, earning from price changes and dividends based on company performance without holding physical stock.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
cashdefimarkertstmg offers eight different types of investment plans: STARTER, PREMIUM, VIP MEMBERSHIP, FOREX SIGNAL SUBSCRIPTION, STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER:
- Minimum deposit: $600
- Minimum expected profit: $2,500
- Maximum expected profit: $5,000
- Trader education
- Risk management
- Tax-free spread trading profit
PREMIUM:
- Minimum deposit: $1,500
- Minimum expected profit: $10,500
- Maximum expected profit: $15,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profit
VIP MEMBERSHIP:
- Minimum deposit: $5,000
- Minimum expected profit: $15,000
- Full benefits
- Trader education
- Advanced risk management
- Tax-free spread trading profit
FOREX SIGNAL SUBSCRIPTION:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin only
- Any broker
STARTER ACCOUNT:
- Minimum deposit: $500
- Minimum expected profit: $3,500
- Maximum expected profit: $5,000
- Trader education
- Risk management
- Tax-free spread trading profit
CLASSIC ACCOUNT:
- Minimum deposit: $5,000
- Minimum expected profit: $45,000
- Maximum expected profit: $50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profit
PLATINUM:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- Full benefits
- Trader education
- Advanced risk management
- Tax-free spread trading profit
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin only
- Any broker
Trading Platform
cashdefimarkertstmg provides users with a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over 12,000 orders executed per second from comprehensive liquidity providers.
Deposits and Withdrawals
cashdefimarkertstmg only supports deposits and withdrawals through cryptocurrencies.
Conclusion
Traderknows warns investors that cashdefimarkertstmg is a scam broker that lures investors with high returns but has no company entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.