Overview of Continental CFD
Continental CFD is an Australia-based brokerage offering a variety of financial instruments, including forex currency pairs, indices, commodities, and stocks. However, it operates without any valid regulation, raising concerns about safety and security. Potential clients should exercise caution and be aware of associated risks.
The brokerage offers three account types - Standard, Premium, and VIP, each with varying minimum deposits and leverage ratios. Traders can choose fixed or floating spreads without commissions.
Continental CFD provides user-friendly web, desktop, and mobile trading platforms, and supports multiple deposit and withdrawal methods, including credit/debit cards, bank transfers, e-wallets, and cryptocurrencies. However, due to the lack of available information and regulatory oversight, potential clients should thoroughly research before engaging with Continental CFD.
Pros and Cons
Continental CFD presents a range of advantageous features, including multiple account types, high leverage up to 1:200, and spreads starting from 0.1 pips. Traders can benefit from various deposit and withdrawal methods, access to a demo account for practice, and a mobile app for on-the-go trading. However, potential clients should be aware of the lack of valid regulation, limited information available on the main website, and potential safety and security concerns associated with the company. Additionally, the level of transparency in company details is limited, and customer support options, such as live chat or phone support, are unavailable.
Is Continental CFD Legit？
Continental CFD operates without any valid regulation, which raises concerns about the safety and security of the services they offer. Potential clients should exercise caution and be aware of the associated risks when considering this broker for their financial activities.
Market Instruments
FOREX
Continental CFD provides a variety of forex currency pairs, covering major, minor, and exotic pairs. Examples include EUR/USD, USD/JPY, GBP/USD, AUD/USD, EUR/GBP, EUR/CHF, USD/CAD, NZD/USD, and EUR/AUD.
INDICES
For investors interested in indices, Continental CFD offers a diverse selection from various global markets. Some examples of available indices are S&P 500, FTSE 100, DAX, Nikkei 225, CAC 40, NASDAQ 100, Dow Jones Industrial Average, Hang Seng Index, and Shanghai Composite Index.
COMMODITIES
Continental CFD presents an array of commodities for trading, including oil, gold, silver, and copper. Examples of commodities available on the platform are Brent Crude Oil, WTI Crude Oil, Gold, Silver, Copper, Natural Gas, Corn, Wheat, and Soybeans.
STOCKS
With access to over 20 stock exchanges, Continental CFD enables trading in various stocks from around the world. Examples of stocks offered include Apple, Microsoft, Amazon, Facebook, Google, Tesla, Alibaba, Tencent, Samsung, and Exxon Mobil.
Pros and Cons
Account Types
Standard:
Minimum deposit of $250 is required for the Standard account, with leverage set at 1:30. Traders can choose between fixed or floating spreads, and there are no commissions on trades. Additionally, clients can take advantage of a demo account for practice and 24/5 customer support to address any queries or issues.
Premium:
For the Premium account, a higher minimum deposit of $500 is necessary, offering leverage of 1:50. Similar to the Standard account, traders can select fixed or floating spreads without any commissions. Notably, this account provides the benefit of an account manager to assist with personalized support, access to live market data, and technical analysis tools for more comprehensive trading strategies.
VIP:
The VIP account requires a substantial minimum deposit of $1000 and provides the most generous leverage of 1:100. Like the other account types, traders have the options to choose between fixed or floating spreads with no commissions. VIP account holders enjoy exclusive perks, including an account manager for personalized guidance, priority customer support to swiftly address their needs, and exclusive access to trading events for enhanced opportunities.
Pros and Cons
Leverage
Continental CFD offers leverage of up to 1:200 for trading activities.
Spreads
On major currency pairs like EUR/USD, the typical spread starts from as low as 0.5 pips, and for popular indices like the S&P 500, the spread can be as low as 0.1 points.
Minimum Deposit
The minimum deposit for Continental CFD is $200.
Deposit & Withdrawal
Continental CFD offers a variety of deposit and withdrawal methods, including credit/debit cards, bank transfers, e-wallets, and cryptocurrencies. The minimum deposit is $200 and the maximum deposit is $100,000. The minimum withdrawal is $20 and the maximum withdrawal is $100,000. The processing time for deposits and withdrawals is typically 1-3 business days. There are no fees for depositing or withdrawing funds using credit/debit cards, bank transfers, or Skrill. There is a 2% fee for withdrawing funds using Neteller or PayPal.
Trading Platforms
Web Platform: Continental CFD offers a user-friendly web-based platform that grants traders the option to conduct trades from any location with internet access. The platform provides access to a diverse selection of trading instruments, making it suitable for traders with varying interests.
Desktop Platform: The desktop platform is a robust and highly customizable option, enabling traders to tailor their trading experience according to their preferences. The platform offers an array of tools, including technical analysis features and advanced charting capabilities, empowering traders to enhance their trading performance.
Mobile App: With the mobile app, Continental CFD enables traders to stay active in the markets while on the move. The app serves as a tool to track positions and execute trades effortlessly from smartphones or tablets.
Customer Support
Continental CFD provides customer support through their email address: info@continentalcfd.com. Additionally, their company address is located at STANHOPE GARDENS NSW 2768, SYDNEY/AUSTRALIA.
Conclusion
In conclusion, Continental CFD has both advantages and disadvantages. On the positive side, they offer a wide range of market instruments, including forex currency pairs, indices, commodities, and stocks. They also provide different account types with varying features, leverage of up to 1:200, and spreads on major currency pairs and popular indices. Their trading platforms, including web, desktop, and mobile options. However, the lack of valid regulation raises concerns about the legitimacy and safety of their services. Potential clients should exercise caution and thoroughly consider the associated risks before engaging with Continental CFD for their financial activities.
FAQs
Q: Is Continental CFD a legitimate broker？
A: Continental CFD operates without valid regulation, raising concerns about safety and security. Exercise caution before considering their services.
Q: What market instruments does Continental CFD offer？
A: Continental CFD provides forex pairs, indices, commodities, and stocks for trading.
Q: What are the different account types available？
A: Continental CFD offers Standard, Premium, and VIP accounts, each with varying minimum deposits and benefits.
Q: What leverage does Continental CFD offer？
A: Continental CFD provides leverage of up to 1:200 for trading activities.
Q: What are the spreads on major currency pairs？
A: Spreads start from 0.1 pips.
Q: What is the minimum deposit for Continental CFD？
A: The minimum deposit required is $200.
Q: What are the deposit and withdrawal options？
A: Continental CFD offers various methods, including credit/debit cards, bank transfers, e-wallets, and cryptocurrencies.
Q: What trading platforms does Continental CFD have？
A: Continental CFD offers a web platform, desktop platform, and a mobile app.
Q: How can I contact customer support？
A: You can reach Continental CFD's customer support via email at info@continentalcfd.com.
Q: Where is Continental CFD located？
A: Continental CFD's company address is STANHOPE GARDENS NSW 2768, SYDNEY/AUSTRALIA.
