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Why is CFD Holding a scam?

Started by Admin, May 18, 2023, 01:14 PM

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Topic keywords [SEO] scamCFDHolding

Admin

This article has the following information:
  • What is known about CFD Holding;
  • Indisputable arguments that CFD Holding is a scam;
  • Less significant indications that CFD Holding is a scam.

A sensible investment platform should be available in both mobile and desktop versions. In today's lightning-changing world, traders should be able to access their brokerage platform on the go. This, by the way, allows you to watch the situation change instantly and instantly sell or buy an instrument, if you have a compelling reason to do so. A quality platform should have an adaptive mobile application as well as a real desktop version, in order to meet the different aspirations and requirements of customers.

What other signs and evidence is there that CFD Holding is a scam?

As stated earlier, CFD Holding and its representatives are no strangers to aggressive selling, insults, blatant stupidity, marketing tricks such as promises of gigantic earnings and inflated reviews. CFD Holding has no legal data on its website, not even a public offer agreement, but there have to be documents confirming the fact that the brokerage firm has regulations, registration documents and, optionally, some kind of awards. In the search the situation is almost the same as with the reviews, they are all boilerplate. The fact that CFD Holding does not return investments is a common indicator of fraud. Managers of CFD Holding also like to give false signals, on which not only you can not make a profit, but on the contrary, all the money evaporates. Scammers often discount these signals in order to make a profit and get more commissions and fees, although this is more about the advisers of real investment firms who are scamming in this way. But the excessive frequency of technical failures of the CFD Holding platform is also a typical sign of fraud.

My experience of "trading" with a broker

The facts stated earlier are enough to make a correct conclusion about the essence of CFD Holding. We decided to check everything on our own to be 100% sure.
We registered, the manager of CFD Holding called us and almost immediately started to persuade us to make the largest amount. During the conversation, the manager of CFD Holding used the method of aggressive selling and some silly flattery. We funded our account with the minimum amount of 25$ and decided to use the signals of this broker. What happened after that? We had lost ninety percent of the money in a few transactions and decided to return the money, but the money was not transferred to us. An employee of CFD Holding called again and tried to dissuade us from withdrawing the money and moreover to deposit the money into the account and perform the transactions again and according to him if I had done so I would have been compensated for my loss. But it is unclear why they could not just refund the losses without me sending personal money to the broker again. It is clear that if I had done that, the managers would still not have refunded the money, not a cent.

What is known about CFD Holding

In brief, essentially nothing. The firm appeared in 2022. It is not known in which city it is located. No positive information has appeared in a little over half a year of the brokerage company's activity. There is some negative information about the company, but first things first. We decided to try to find information on the internet about the country where the company's headquarters are located, but we didn't find anything. On the contrary, a decent company tends to be as open and transparent as possible, and inform its investors so that they could understand who they are going to give their money to; but it is clear that the owners of CFD Holding do not think so.

Entrusting personal finances to CFD Holding is a decision you will surely regret, as I do at the moment. I have been left with the unpleasant reality that this is the worst thing that could have happened to me as an investor and I am sure that my experience is a stop sign for others who, are considering entrusting their money to this unfortunate investment firm."

The main fact which confirms that CFD Holding is a fraud

Of course we are talking about the lack of regulation. The regulator has a number of tasks, including inspections of brokerage offices, specialist inspections, controlling the financial component, investors and monitoring the solvency of the firm. But the most important task of the regulator is to prevent financial fraud. Financial fraud can take many forms, such as writing off an investor's money without his permission, or misusing a client's money in transactions he has not authorised. Shortly before the 2008-2009 crisis, the biggest banking institutions in the US were doing this on a massive scale. You can, for example, get your money back through the regulator. The regulators have developed their own rules according to which they verify the competence of the financial institutions, including the brokerage firms. This, in turn, guarantees the cooperation of professionals with their investors. CFD Holding has no regulation at all, not even an authorization for brokerage activity from some fake government structure.

Even worse, it had an emotional impact on me. Not only have I lost a considerable amount of money due to the ineptitude of CFD Holding, but the whole experience has made me feel betrayed and put me in deep distrust of the investment sector. I cannot escape unpleasant thoughts of the countless hours spent dealing with difficulties and recovering financial losses caused by the fraudulent nature of this office.

When the situation came down to the key aspect of customer support, I was really pissed off. The staff were either unresponsive or unable to address my concerns with any semblance of competence. I felt as if I was dealing with a robot and my requests for help were ignored. When I urgently needed support during a sharp price movement, I found myself in a quandary, and this eventually resulted in me losing a significant amount of money.

As we can see, the investor not only lost money and nerves but also did not gain any positive trading experience, only disappointment in the investment. If you look at other opinions, they have about the same content. The most common reasoning is that CFD Holding does not pay out money. In addition, traders have noted the extreme unqualified representatives of CFD Holding. In reading the opinions on CFD Holding, we have repeatedly read information about the open manipulation and abuse of the firm's managers when talking to investors. The opinions on the white brokerage firm should say otherwise, or at least it cannot be that horrible. Basically, the reviews of CFD Holding also clearly show that CFD Holding is a common swindle.

What else should be on the platform of a decent broker? Research tools! The trading platform must give clients access to research tools and resources. These can be financial news, analyst reports, corporate financial reports, technical analysis tools and more. These resources enable traders to make informed investment decisions rather than doing the wrong thing. And how can one make sound investment decisions when all CFD Holding has is a calendar? White brokerage firms care about their traders' ability to make good decisions, because it directly affects the long-term prospects of cooperation with each other.

Reviews of CFD Holding

What do the CFD Holding reviews say? Mostly about the scam and total incompetence of CFD Holding's managers. The ratio of positive to bad opinions is naturally in favour of the negative ones. The good reviews of CFD Holding are not so simple either. The trouble is that all reviews are too similar and have been written not so long ago and at approximately the same time. All this indicates that these positive reviews are fake. Here is one of these reviews:
"CFD Holding is a cool organisation! The company has brokerage regulation in place. I get 150-200% a month of the amount in my account and I allocate 10 minutes a day for trading. I recommend CFD Holding to anyone!
Really cool company! One such company that is able to make a simple investor a billionaire in a few years, because the trader will have the opportunity to earn one hundred and fifty to two hundred percent every four weeks. We believe that it is already clear that this is not a real review.
We took another review on CFD Holding taken from Reddit:
"This is the best broker in the world. I do not understand why CFD Holding is not yet number one in the Eurozone and America! The service is of the highest level and the analysts at CFD Holding are very qualified. I have been working with the broker for almost three years and everything is cool."
And we too are puzzled why this broker is not already number one... among scammers.
Note that those people who engage in fake reviews don't even realize that CFD Holding is only six months old, but not for several years, which says this character interacts with CFD Holding. No facts have been presented which confirm that CFD Holding's analysts are "quite competent".



Consequences of CFD Holding

What happens in a situation where you or someone else does not care about the facts stated here and decides to try trading with CFD Holding? Let's look into it. Let's take a review of CFD Holding from Reddit:
"I am leaving this review in order to share my traumatic experience with CFD Holding and to warn future victims before they even consider handing over their hard-earned money to this company. In my years of trading experience I have never come across a more negative brokerage firm, and it has given me a bitter taste in my mouth and a significant drop in confidence in the industry in general.

Now let's get into a comparison of what CFD Holding and the normal average firm have. How should a good brokerage platform function? A good trading platform is a key tool for investors, giving them the chance to access global markets and make informed investment decisions. A good platform must have both a cent and a demo account in addition to a regular one.

In the beginning, it was clear that the degree of professionalism and competence of CFD Holding is obviously close to zero. Their platform was constantly problematic, with constant technical problems and the user interface, which can only be described as clueless and illogical. This alone made deal execution nervous, but the difficulties did not end there.
A normal investor platform should have a pleasant interface. A well-designed, subliminal user interface is essential for a brokerage platform. This ensures that investors can easily navigate the platform, manage their personal accounts and conduct transactions without difficulty. There is none of this on the CFD Holding platform. Nevertheless, at CFD Holding, it is very difficult to navigate in spite of the large expiries.
A good trading platform should have different investment options. A good brokerage platform should offer a wide range of trading products, including stocks, bonds, ETFs, mutual funds, options, futures and other securities. This allows people to diversify their personal accounts and have access to different asset categories. There are quite a few currencies on the CFD Holding platform, however the problem is that CFD Holding is a fraud and the trading of these assets is not real, it is all virtual, as in a game. When you buy a stock through CFD Holding, you are not really acquiring anything because CFD Holding is not regulated and therefore not allowed to operate on world exchanges and consequently you are not really acquiring anything through a brokerage company on the international market. In general, CFD Holding not only has a poor usability but it is also quite ugly from the aesthetic point of view.

Comparing CFD Holding to a decent firm

In this snippet of material there is this information:
  • How a good brokerage firm's platform should be set up;
  • How a CFD Holding platform works;
  • Comparison of a good trading platform to what CFD Holding has.
.

Additionally, a very important feature of a cool trading platform is the robust security features. Ensuring the safety of traders' personal information and funds is of the utmost importance. A good brokerage site should have good security features such as two-step authentication, encryption and secure socket layer technology (SSL). All of these and other things should reliably protect clients from scamming, stealing investments from their account, or hacking into the investment platform itself with massive information leakage. None of this is anywhere near the CFD Holding platform.

Conclusions

You have seen it all. CFD Holding stands out even among the scams. The company is so awful that there is no place to put a stigma on it. Reviews on CFD Holding that don't resemble fake ones are overflowing with criticism. The victims are screaming about not getting their money back, managers are insulting, the platform is uncomfortable and hangs systematically, there are only negative memories from trading with the firm. If you do not want to suffer the same fate as the other traders, in any case, do not even leave personal data on the CFD Holding website, or if you have already done so, just block the investor numbers and do not pay attention to them. If you start talking to managers, there is a risk that scammers with their skills and experience of scamming will be able to wrap you around and steal your money. Scammers don't just offer investment solutions, they can gain the trust of their victims by befriending them and luring them with the promise of higher profits.