CFDStocks was an unlicensed broker for binary options trading that has been operating since 2016. They use an online based trading platform and also have a mobile App on Android.
To review CFDStocks we first looked at the software they’re using. This broker was using the SpotOption trading software, but recently switched to a different one.
You will see IntraDay, Trend and Long Term Options. These different option formats are used to trade over 200 assets. Included, are Currencies, such as the GBP, EUR and the Bitcoin. Commodities, like Copper and Corn. Indexes, for example IBEX and DUBAI, and Stocks such as Exxon and Alibaba.
Forex and CFD trading has become the new hype, because it allows you to buy leverage. This can be in the ratio 1:150 and even 1:500, this in turn, generates greater profit potential. Naturally, these are available from this broker as their name “CFDStocks” implies.
Automated Trading Robots
WARNING! Many people lost money using a bad trading robot. Have a look at some of the popular software, read this.
People very often have difficulties with Binary Options Brokers when it comes to withdrawal procedures. Therefore, we strongly emphasize the need to our readers to carefully review a brokers Terms and Conditions. And to verify what requirements are necessary. Many times there are strings attached to bonuses that were received.
No License and Not Regulated
A binary options broker is a financial service provider, as such, most governmental regulators issue special licenses to operate this type of business. For example, this can be the MAS in Singapore, the FSB in South Africa and CySEC in Cyprus, to name a few.
CFDStocks does not have a regulatory license. The CFDStocks binary broker website is operated by Pacfic Sunrise UK LTD. Their address is: 18 King William Street, London, Greater London EC4N 7BP United Kingdom. Website: www.CFDStocks.com.
You would be doing yourself a favor in looking here at our list of licensed brokers.