CFD World

CFD World is the trading name of Goldenburg Group Limited, a financial services firm registered in Limassol, Cyprus. According to the broker, it was founded in 2019 and operates from the Interlink Hermes Plaza on Ayiou Athanasiou Street. The company is structured as a Cyprus Investment Firm (CIF), meaning it is authorised to provide investment services across the European Union under the MiFID framework.

Public records indicate that the firm reports zero employees, which is not unusual for small, technology-driven CIFs that heavily outsource operational functions or rely on automated systems. Nevertheless, potential clients may wish to inquire about the operational scale and support staff available.

CFD World’s parent company, Goldenburg Group Limited, holds a licence from the Cyprus Securities and Exchange Commission (CySEC) under number 242/14. CySEC is an EU-recognised regulator, and its oversight requires firms to adhere to stringent financial standards, including the segregation of client funds from company assets.

As a CIF, the broker is also required to participate in the Investor Compensation Fund (ICF), which can provide up to €20,000 in compensation to eligible retail clients if the firm becomes insolvent. The licence specifies a Forex Execution (STP) authorisation, meaning that the broker acts as an intermediary, passing client orders directly to liquidity providers without a dealing desk.

At present, CFD World does not publicly disclose a detailed product list on its main website. No information is provided regarding the specific instruments (forex pairs, commodities, indices, shares, etc.) available for trading, the platforms supported (such as MetaTrader 4, MetaTrader 5, or proprietary software), or the typical spreads and leverage offered.

This lack of upfront transparency is not uncommon among smaller CIFs that may tailor their offerings after direct client onboarding. Interested traders are advised to contact the broker directly to request a full breakdown of tradable assets and platform options before opening an account.

Similarly, CFD World does not publish information on account tiers, minimum deposit requirements, or accepted payment methods. The limited user reviews mention bank transfers as a withdrawal method, suggesting that wire transfers are at least one of the available options.

Prospective clients should inquire about all account features, including any commission or spread mark-ups, overnight fees, and withdrawal processing times, as these details are not available publicly. Funding methods beyond bank transfers, such as credit/debit cards or e-wallets, remain unconfirmed.

CFD World holds a 3.9 out of 5-star rating on Trustpilot, based on only six reviews. All reviews are positive, with users describing the broker as trustworthy and not a scam. One reviewer specifically mentions that funds were sent quickly via bank transfer, while another notes that their account issue was resolved promptly by customer support.

There are no reviews on Forex Peace Army, and no negative feedback concerning withdrawals or scams. However, the sample size is too small to draw firm conclusions about overall client satisfaction.

Given its CySEC regulation and STP licence, CFD World may appeal to retail traders who require an EU-regulated environment with client fund protections. The limited but positive user reviews suggest that beginners who value responsive support might find it a friendly starting point, provided they are comfortable with the lack of publicly available trading details.

On the other hand, experienced traders requiring deep transparency on conditions, a large operational team, or a proven long-term track record may wish to exercise caution until more information becomes available.