Is is safe to invest in CDG Global?

https://cdgglobalfx.com/     

CDG Global is operated by CDG Global (Labuan) Limited, authorized by the Labuan Financial Services Authority (Labuan FSA) under license number MB/20/0047.

However, it is important to note that the Securities Commission of Malaysia (SC) has issued a warning against CDG Global in 2022 for carrying on unlicensed capital market activities of dealing in securities. You can access the full warning by clicking here. Therefore, we would suggest investors be aware of the risks involved and exercise caution when dealing with this SC-warned broker.

Regarding your question, there is even no guarantee that it is absolutely safe to deal with a fully regulated broker, as the rules and oversight it is subject to can only help mitigate risk, not to mention a broker that has been warned by a regulator. Investors must be informed before making an investment decision. For more details about this broker, please refer to our full review of CDG Global.