Frequently Asked Questions
A trading account can take up to 1 working day to be approved and opened once the client has successfully completed the registration process. The status of the application can be checked via the client portal under "My Profile".
We require copy proof of identity and proof of residence:
• For proof of identity, we require a passport or national identity card or other document issued by an independent and reliable source that carries your photo. The photo, signature, issue & expiry dates, personal details including serial number must be clearly visible.
• For proof of address, we require a recent utility bill (Water/Electricity bill) or a recent bank statement dated within the last six months.
We offer CDG Global (EU) WebTrader compatible in all browsers Desktop and Mobile.
We offer two Account types:
a) Classic Account - Raw variable Spreads - Commission is $6 USD Per Lot per side for FX and Metals.
b) PRO Account - Raw variable spreads - Commission is $4 USD Per Lot per side for FX and Metals.
An additional account can be opened via the Trader's Hub. Click on “Account Settings” then "Open New Trading Account” via "Trading" section.
Leverage offered at CDG is 1:30 for both account types, to apply for higher leverage upto 1:100 you need to qualify as a professional trader.
To be able to open a professional account with a leverage of 1:100, two out of three conditions must be met.
(1) You have carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous 4 quarters.
(2) The size of your financial instrument portfolio, including cash deposits AND financial instruments, exceeds EUR 500,000.
(3) You work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transaction or services envisaged.
CDG Global (EU) LTD segregates client accounts to ensure that these funds are fully separated from CDG Global's (EU) LTD own funds at all times. Client accounts are coded to ensure that they are used for clients' funding purposes.
CDG Global (EU) LTD
Client's Portal allows deposits and withdrawals using a simple, easy-to-use single interface.
CDG Global (EU) LTD does not accept cash deposits. However, we offer a number of alternative reliable methods for account funding. Please click on our Deposit and Withdrawal Methods pages accordingly under Main Menu -> Accounts for more information.
Information about minimum limits on deposit can be found under Main Menu -> Accounts -> Accounts Types.
Please click on our Deposit and Withdrawal Methods pages accordingly under Main Menu -> Accounts for more information.
Log in Clients Portal https://member.cdgglobal.eu/login, Click on My Wallet and add your Bank /eWallet/Card details, depending on the method you are going to use to make your Deposit. Afterwards, from “Dashboard” click on “Deposit” and choose you preferred Amount and then your preferred method to complete the process. Once the funds are shown in your Wallet, you can request for a Transfer to the preferred Trading Account by clicking on “Internal Transfers” in the “Dashboard” and insert the relevant details.
To credit your wallet you need first to add your deposit method details in order for Backoffice department to validate it. After first validation funds needs few minutes to be shown in your Client’s Portal Wallet, however it might need up to 24 hours, or more, to be processed depending on the method used.
1. Go to "Withdrawals" in "My Wallet" section in your CDG Member Area. 2. Enter the withdraw amount and click on "Submit Request" 3. Choose the withdraw method and click on "withdraw" button. Please note that in order to request a withdrawal your profile and deposit method must be fully verified.
Withdrawals will be processed using the same method as the one used to deposit. However, in some cases withdrawals might be processed using a different method than the one used to deposit.
All withdrawal requests submitted before 18:00 (GMT+0) Monday to Friday will be processed within the day. However the time required for the funds to reach your account will depend on your payment provider/bank. Usually for bankwire transfers 3-5 business days and E-wallets 1-2 business days are needed.
1. Go to "Withdrawals" in "My Wallet" section in your CDG Member Area. 2. You will find the pending withdrawals
3. Click on "Cancel" to cancel this request.
1. Go to "Transaction History" in "My Wallet" section in your CDG Member Area. 2. Select the time period of the transactions 3. Click on "Generate" to see the results.
1. Go to "Internal Transfer" in "My Wallet" section in your CDG Member Area. 2. Select the trading account you want to transfer funds from and transfer to your wallet 3. After funds are transferred in wallet, and then transfer from wallet to the trading account which you want to tranfer in.
If your withdraw was declined there should be an email sent to your email box explaining the reason for the decline. Please check the reason and request withdraw again.
Yes, you can. However, at the moment of withdrawal processing, your free margin must exceed the amount specified in the withdrawal instruction including all payment charges. Free margin is calculated as equity minus the necessary margin (which is required to maintain an open position). However, you must ensure the withdrawal won’t lead to stop out. It’s your responsibility to keep sufficient funds in your account.
If you do not have sufficient free margin on your trading account, we will not carry out the withdrawal request until you submit a corrected withdrawal form and/or close the open positions on your account.
Working on updates. . .
We offer floating spreads for all account types:-We offer spreads, starting from 0.0 pips with low commissions.
At market opening and closing times and prior to announcements, the market spreads may widen substantially. Consequently, you must ensure that you have sufficient funds on your account to cover this eventuality.
CDG Global (EU) LTD is a NDD broker, which means that we just clear our clients’ trades and retranslate quotes we get from our liquidity providers. Orders in the real market are always executed at current market prices, which is why a slippage may occur in the case of a sharp movement. Please note, that during market-moving news, market close & open or high volatility, the risk of slippage is higher than during normal conditions. With us, you will get both positive and negative slippages.
Currently, we do not provide tick data, as MT5 is not able to store all ticks. Therefore, the tick data would not be accurate. There is an option for the server to store tick data, but we do not use it, as it is not able to store 100% of the ticks. In addition, that would slow down the server considerably due to a large amount of data, as the ticks are not filtered.
Yes, we covers the negative balance, ensuring that clients cannot lose more money than they put it. Moreover, our Risk department is constantly monitoring our clients’ risk-taking and if we see that a client trades irresponsibly, then we will notify the client via e-mail and ask them to reduce risk exposure. Also, we might reduce the leverage on the client’s account.
Please find the details in "Leverage Policy" document at Legal Documents page in our website or at Account Types page.
Our average execution speed is around 0.1 seconds.
You will be able to see the min./max. trading size from product specifications. Right click the instrument on MT5 market watch->choose "Specifications" and check the max./min. trading size for this instrument.
You can always check the trading hours of a product by login to your MetaTrader platform, right-click on the symbol>choose ‘specifications’ and you can find its trading hours.
Triple swap charges apply for positions on FX pairs, Silver and Gold that are held overnight on Wednesday. For the rest of the instruments, triple swap charges apply for positions that are held overnight on Friday. This is a standard practice in the forex industry.
These swaps cover the interest for Saturday and Sunday when the markets are closed. All swaps are calculated based on the quote currency.
If you open a long position of 1 lot on EURAUD, the overnight swap charge would be -14.11 Australian Dollars. If you had opened the same position on a Wednesday and roll over the position to the next day, the swap would be -14.11 * 3.
If the account currency is in USD, then we have to convert the amount above to USD by using AUDUSD spot rate.
The futures contract pricing will stop when it goes expired, and the new contract will be online available for trading in advance. If there is any open position of the old contract, it will be closed by the system within 1-2 trading days.
Yes, you can. All our trading platforms support the use of EAs.
Still have questions?
I you can’t find answers to your questions in our FAQ section, you can always contact us. We will get back to you shortly.