It turns out that nowadays there is nothing easier than to start trading on the financial markets. Of course, with the most powerful platform and the leading team in the world of trading. Do you think you need to open an account with some world-famous broker for this? No, CED Capital Limited offers you access to stable markets and unlimited assets. Don’t you know who it is? That’s why we decided to get acquainted with the company’s offers, information, and reviews about it. This project reminds us of a scam.
- CED Capital Limited General Information
- Registration and Client Portal Review
- CED Capital Limited Trading Conditions
- Account Types
- Trading Platform
- CED Capital — Deposit and Withdrawal of Funds
- Additional Options
- Is CED Capital Limited a Scam?
- Legal Information and License
- Cedcapitalltd.com Domain Info
- Contacts Review
- More Details
- Pros and Cons
- Frequently Asked Questions (FAQ)
CED Capital Limited General Information
|Address||233 King Cross Road, Halifax, West Yorkshire, HX1 3JL|
|Leverage||1:200 – 1:400|
Registration and Client Portal Review
The official website of CED Capital Limited disappoints after the first visit. It is an absolute template project that creators stamp according to an already worked-out scheme. They are simply changing the color, design, and name of the companies. There is also a lot of self-promotion here. Additionally, the site has been translated into several languages. And these are probably all its advantages.
Registration on this site is simple. You will need to fill in the following fields:
- First and last name
- Email address and phone number
- Country of residence
- Password and password confirmation.
Another disadvantage of CED Capital Limited is that when you register, the broker does not even check the client’s data. No phone or email confirmation is required. In fact, you can create an account with any fake data.
There are almost no surprises in the client portal. Functions are available:
- Profile editing and verification
- Viewing the list of accounts and transaction history
- Non-trading operations and their history.
Here you can also go to the much-vaunted CED Capital Limited terminal. It certainly deserves a special few words.
CED Capital Limited Trading Conditions
Have no doubt. The hero of our review is not even a broker. CED Capital Limited is a dealing desk. The main trading instrument on the site is the CFD. What technology is used in the execution of orders is not specified.
The broker has three full-fledged accounts. Rather, there are four of them. However, the last one is a VIP. And practically nothing is said about it. CED Capital Limited only informs that you can get all individual offers for it from the manager. The other accounts are as follows:
- Starter. The minimum deposit is €1,000. Leverage is up to 1:200. Personal manager services are available. The broker also promises a low commission fee. Only currency pairs are available.
- Light Account. The minimum deposit is €5,000. In addition to currencies, indexes are also available. Also, CED Capital Limited promises slightly lower spreads.
- Medium. The minimum deposit is 10 thousand euros. An analyst is added to the personal manager services. And indexes are becoming available among trading instruments.
The minimum deposit of 1,000 euros seems to us a little overpriced. Accounts are no different except for the size of spreads, leverage, and deposit. The company uses a pure scam scheme. The more money you deposit, the better conditions you will get.
The trading terminal of CED Capital Limited is a real mediocrity. It is used only by scammers. We do not know of any honest and reliable broker who would offer this particular WebTrader to clients. It has limited functionality. And it’s not expensive. It is clear that the company does not want to spend extra money on traders.
CED Capital — Deposit and Withdrawal of Funds
The broker has different funding and withdrawal methods available. You can top up your account by bank transfer, credit card, or cryptocurrency. Of course, you can withdraw money using the same methods. CED Capital Limited does not mention how long your application will be processed or how quickly the money will go to your account.
Each trader has to be verified under the KYC policy. Therefore, you need to provide a photo of your documents. There is a list of available documents in the Client Portal. At first, you will need to provide only some of them to certify:
- Payment method.
Unverified customers may not use all services. Data verification will take 1-2 days. If necessary, managers can ask for additional documents.
Of the additional services, we don’t even have anything to note. Unless the broker provides the analyst services. However, it is difficult for us to say what quality these services are. CED Capital Limited does not provide any data about its team members. Therefore, you should not rely on high-quality market forecasts.
Is CED Capital Limited a Scam?
Even though the broker poses as a reliable financial partner, it is definitely worth abstaining from trading on this platform. Even after a superficial acquaintance, the opinion is created that CED Capital Limited is a scam. The signs of fraud are pretty obvious.
Legal Information and License
The company’s legal data is not too impressive. In the footer, there is the registration address in offshore Saint Vincent and the Grenadines. The broker got pretty far. In case of any disagreements with this company, the trader will have to travel a long way to get to the local island court.
However, the situation is even worse with licenses. The fact is that the regulator of Saint Vincent and the Grenadines does not supervise such companies and does not license them. Therefore, CED Capital Limited provides services illegally in all jurisdictions. And that’s still not all the problems. The management company, Lilt Group LLC, hardly has anything to do with this broker at all. A scheme with the substitution of legal data is common among scam projects. They find some company and pretend to be it. The same thing happens with Lilt Group. At least one other broker used the name of this company. Thus, we conclude that CED Capital Limited does not exist in the legal area.
Cedcapitalltd.com Domain Info
The advantages of CED Capital Limited include 25 years of experience in the industry. In fact, it is an ordinary one-day company. Checking the domain shows that it was purchased on December 30, 2022. In front of users is actually a new scam that can’t boast either solid experience or originality.
Since CED Capital Limited is a fake broker, do not expect that you can visit its office. There is only a phone number and an email for communication. We should note that CED Capital Limited does not accept phone calls and appeals as readily as it calls potential customers and offers to invest.
Another huge drawback is AnyDesk/TeamViewer that you saw on the main page. In principle, there is nothing wrong with this software, but not in the fraudster’s hands. Scam brokers offer to install these programs on your PC to get access to your bank accounts and other important data. In any case, do not download them to your computer. Do not give access to important information to third parties.
Pros and Cons
- Too large minimal deposit.
- No license.
- Fake legal data.
- High leverage.
- Negative reviews.
Frequently Asked Questions (FAQ)
This pseudo-broker offers you to trade CFDs only.
Greedy scammers want you to top up your account with at least a thousand euros.
No, absolutely not. It is a pure scam. CED Capital Limited uses the registration data of another company and operates without the supervision of the regulator.