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Contract reading

What CG FINTECH legally published, but does not want you to read

Every clause below is published by CG FINTECH itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: CGTrade (Mauritius) Limited

hidden feemarketing gapbonus locksole discretionwithdrawalscountry restrictiondeemed acceptanceforum waiverjoint liabilityleverage

CGTrade does not publish the contract you sign. Its legal page carries three documents, and every one of them points at a client agreement that is nowhere on the site. The risk notice lets CGTrade place your money with third parties that hold a lien over it. Its own pages disagree on the minimum deposit, the stop-out level and who regulates it.

Back to CG FINTECH

Contract risk

Money at risk
7.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
4
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
18
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
11
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
13

How the 18 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical4
Warning13
Notice1

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

2 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical3In the contract. Jump to the clause this comes from.The client agreement is not published anywhereCritical$100Bonus requirement. Jump to the clause this comes from.Collecting the free 888 cents needs a $100 deposit100%Account limit. Jump to the clause this comes from.Stop-out level given as 100% and as 30%1 working daysWithdrawal limit. Jump to the clause this comes from.Withdrawal terms exist only as FAQ answers

What the documents say

18 clauses worth knowing about, worst first, each quoted from CG FINTECH's own files

01

You are asked to confirm you have read a contract that CGTrade does not publish. Its legal page carries three documents, and each one points at that missing agreement.

Why this matters

That agreement holds the rules that decide what happens to your money. It sets when CGTrade can close your trades, when it can hold a payout, and what it charges. You agree to it before you can read it.

Exhibit 1CriticalRarely seen3

the Client has read the Client Agreement, agree to all the terms and conditions and independently evaluated the risks and merits of our MetaTrader 4 Platform and transaction without relying on any representation and warranties otherwise mentioned in the Client Agreement;
Clause 4.3(i) in Risk Disclosure And Acknowledgement Notice, p.3
Read from the broker's site on Archived copyOpen the reference
Our own capture of cgtrademu.com, taken on Sep 9, 2026The client agreement is not published anywhere (clause 4.3(i))This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give a retail client the terms of business before that client trades. Here the terms of business are not on the site at all.

CG FINTECH is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingThe documents CGTrade does publish define their own key terms by pointing at the one it does not. Force majeure and default events have no meaning outside that unpublished agreement.

  • Worse together with Exhibit 5The charges sit in a platform you cannot open, and the document that would list them is not published either.
02

CGTrade gives you 888 US Cent, which is $8.88, on its welcome account and says the profit is yours to keep. To move any profit out you must open a live account and pay in $100 first.

Why this matters

Your profit stays out of reach until you deposit $100 of your own money. CGTrade allows one transfer request, and caps the profit you can move at 10,000 US Cent, which is $100.

Exhibit 2CriticalHarder than usual$100

A 888 US Cent initial complimentary deposit is added automatically to the Welcome Cent Account.
Quoted in welcome account
Read from the broker's site on Open the reference
Our own capture of cgtrademu.com, taken on Sep 9, 2026The claim, on Welcome account page headlineVisit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026What the contract saysVisit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026The claim, on Welcome account page, benefits panelVisit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026What the contract saysVisit this page on the broker's siteDownload the full size image file

What it costsThe free funds are 888 US Cent, which is $8.88. Reaching them costs a $100 deposit, over eleven times the free amount.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
On openingCGTrade adds 888 US Cent to the welcome account.
Day 90Trading on the welcome account stops.
A further 30 daysAccess ends, and with it any claim on the profit.
Before any transferYou open a live account and deposit at least $100.
Profit under 888 US CentNothing can be moved out at all.
One request onlyCGTrade disables the welcome account once the profit moves.
03

CGTrade can place your money with third parties that hold a lien or a right of set-off over it. A lien lets someone else keep your balance against a debt you never ran up.

Why this matters

If a bank or payment firm CGTrade uses claims money from CGTrade, your balance sits inside what they can claim. The same notice says CGTrade is not liable to you if that firm fails.

Exhibit 3CriticalRarely seen

We may deposit the Client Money with any third parties who may have a security interest, lien or right of set-off in relation to the Client’s money.
Clause 5.7 in Risk Disclosure And Acknowledgement Notice, p.5
Read from the broker's site on Archived copyOpen the reference
Our own capture of cgtrademu.com, taken on Sep 9, 2026The claim, on Why CGTrade? page, safety of clients fundsVisit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026What the contract says, clause 5.5Visit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026Client money can sit where a third party holds a lien (clause 5.7)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ASIC (Australia)

Firms licensed by the FCA, CySEC or ASIC must keep retail client money separate from their own, and must get the bank to confirm it has no right of set-off over it. This notice grants the opposite in two places.

CG FINTECH is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingA lien is a security device out of commercial lending. Pointed at client money, it lets a firm you never dealt with hold your balance against CGTrade's debts.

  • Worse together with Exhibit 18A FAQ promises your money in a day while the notice lets a third party hold the account it would come from.
04

The documents you agree to make their promises in the name of a brand, not a company. They define CGTrade as a brand jointly operated by a Mauritius company and a St Vincent company.

Why this matters

To get your money back you have to know which company holds it. These documents name two, in two countries, and send any dispute to the courts of Mauritius.

Exhibit 4CriticalRarely seen

“CGTrade” is a brand name jointly operated by: (i) Cgtrade Limited (Company No. 25355 BC 2019) with the registered address at Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines; and (ii) CGTrade (Mauritius) Limited (Company No. 166217) with the registered address at C/O ABC Global Management Services Ltd 3rd Floor Standard Chartered Tower Cybercity, Ebene, Mauritius.
Clause 1.1 in Website Terms and Conditions, p.1
Read from the broker's site on Open the reference
Our own capture of cgtrademu.com, taken on Sep 9, 2026Two companies share the brand, neither is named as yours (clause 1.1)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC have to tell a retail client which company they are contracting with, and which regulator authorises it, before the account opens.

CG FINTECH is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingA contract normally names the company that owes you. Naming a shared brand instead leaves the party that owes your balance undecided, and the two companies sit in different countries.

05

CGTrade defines what it charges you as whatever the MetaTrader 4 platform shows. You agree to pay it, and the risk notice lets those charges change at any time with no notice to you.

Why this matters

You cannot see one charge before you open an account. Nothing makes CGTrade tell you when a charge goes up, including between your deposit and your withdrawal.

Exhibit 5WarningHarder than usual

“Charges” means any applicable charges as provided in MetaTrader 4 Platform;
Clause 2.1(c) in Risk Disclosure And Acknowledgement Notice, p.2
Read from the broker's site on Archived copyOpen the reference
Our own capture of cgtrademu.com, taken on Sep 9, 2026The claim, on FAQ, deposits and withdrawalsVisit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026What the contract says, clause 4.3(t)Visit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026Charges live in MetaTrader 4 and change without notice (clause 2.1(c))This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give a retail client the costs and charges before they trade. This notice points you at a platform you can only see after you open an account.

CG FINTECH is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

The minimum deposit, the regulator and the rules change by page

CGTrade states the ECN minimum deposit as $100 on two pages and $3,000 on that account's own page. Its About page names a Canadian body as a regulator while the same site refuses clients in Canada. The strategies it advertises hardest are banned on its own free account.

Page against page3 clauses flagged

CGTrade's account overview and its FAQ both put the ECN minimum deposit at $100. The ECN account's own page says $3,000. For the VIP account the same split runs $10,000 against $20,000.

Why this matters

The first number you need is the one CGTrade states three ways. No published document sets a minimum, so the page you happened to read is not a term you can hold it to.

Exhibit 7Warning$3000

Minimim Deposit3000
Quoted in ECN Account
Read from the broker's site on Open the reference
Our own capture of cgtrademu.com, taken on Sep 9, 2026The claim, on Account Overview table, VIP columnThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026What the contract saysThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

CGTrade's About page says a Canadian body authorises and regulates it. The notice on its own pages lists Canada among the countries it will not serve. Its contact page repeats the Canadian claim in Chinese only.

Why this matters

The documents name one court, in Mauritius. None of them names a regulator you can complain to, and none names a scheme that would pay you back.

Exhibit 13Warning

We do not provide trading services to the following jurisdictions including but not limited to Afghanistan, Azerbaijan, Bosnia and Herzegovina, Burma, Canada, Congo, Cuba, Ethiopia, Guyana, Haiti, Hong Kong, Indonesia, Iran, Iraq, Israel, Japan, Lebanon, Malaysia, Mali, North Korea, Singapore, Sri Lanka, Somalia, Sudan, Trinidad and Tobago, Tunisia, Venezuela, United Arab Emirates, United States of America.
Clause 1 in Product Details
Read from the broker's site on Open the reference
Our own capture of cgtrademu.com, taken on Sep 9, 2026The claim, on Why CGTrade? page, who we areVisit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026What the contract says, clause 1Visit this page on the broker's siteDownload the full size image file

CGTrade's FAQ says it has no restrictions on trading and allows scalping, hedging, arbitrage and EAs. Its welcome account terms ban EAs outright and treat hedging as abuse.

Why this matters

If you try CGTrade with the free account, the strategies it advertises hardest are the ones that can disqualify you.

Exhibit 14Warning

Expert Advisors (EAs) are not allowed on Welcome Cent Accounts.
Quoted in welcome account
Read from the broker's site on Open the reference
Our own capture of cgtrademu.com, taken on Sep 9, 2026The claim, on FAQ, advantages of trading with CGTradeVisit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026What the contract saysVisit this page on the broker's siteDownload the full size image file

The charges are whatever MetaTrader 4 shows today

CGTrade defines its charges as the ones shown in the MetaTrader 4 platform, and lets them change at any time with no notice to you. It sells the Standard account as commission free, while a note on that page says the charts leave out the mark up. No fee schedule appears in any document.

Cost disclosure1 clause flagged

CGTrade sells its Standard account as commission free. A note on the same page says the charts show spreads without the mark up. The price you see is not the price you pay.

Why this matters

Your cost sits inside the spread, and your own chart does not show it. No published document says how big the mark up is or who sets it.

Exhibit 6WarningHarder than usual

Please note that Standard account charts show market and spreads without the mark up.
Quoted in Standard Account
Read from the broker's site on Open the reference
Our own capture of cgtrademu.com, taken on Sep 9, 2026The claim, on Standard Account page, instruments panelVisit this page on the broker's siteDownload the full size image file
Our own capture of cgtrademu.com, taken on Sep 9, 2026What the contract saysVisit this page on the broker's siteDownload the full size image file

One working day is a FAQ answer, not a term

CGTrade promises payouts within one working day on a FAQ page, and no document it publishes repeats that. The risk notice instead lets CGTrade place your money with third parties that hold a lien over it. It can suspend or deduct client money where such a right exists.

Getting paid1 clause flagged

CGTrade promises to process your withdrawal within one working day, with no fee, in its FAQ. No document it publishes commits it to either promise.

Why this matters

A FAQ answer is not a term you can hold CGTrade to. The same answer that promises no fee also says your free margin must cover every payment charge.

Exhibit 18Warning1 working days

We process all withdrawal requests as fast as one hour and within one working day.
Quoted in FAQ: Deposits and withdrawals
Read from the broker's site on Open the reference
  • Worse together with Exhibit 1The payout timetable lives on a FAQ page, and the contract that would make it binding is not published.

Promotion profit goes on suspicion, not on proof

CGTrade can void every profit moved out of its welcome account if it decides your registration details were misleading. It can disqualify you on suspicion of misuse. A partial match between your IP address and another account is enough to block yours.

Voiding profit1 clause flagged

CGTrade can void all profit taken out of the welcome account if it decides your registration details were misleading. It can also disqualify you on suspicion of misuse.

Why this matters

A partial match between your IP address and another account is enough for CGTrade to block yours. Nothing in the terms defines misuse or gives you an appeal.

Exhibit 12WarningRarely seen

All profits earned and transferred from the Welcome Cent Account Campaign are deemed to be null and void, if the Welcome Cent Account or live MT4 CGTrade (Mauritius) Limited account holder (FSC Regulated) has provided incorrect, false or misleading information during the registration process.
Quoted in welcome account
Read from the broker's site on Open the reference

Our readingBlocking on a partial match of an IP address reaches anyone sharing a home network or a mobile carrier. The terms need no proof of a second account, only signs of one.

  • Worse together with Exhibit 2You pay in $100 to reach the profit, and the same terms let CGTrade void that profit on suspicion afterwards.

Leverage, stop-out and the terms themselves can move without notice

CGTrade advertises leverage up to 1:1000, and its own notice shows it halving leverage with immediate effect. The stop-out level appears twice on one page, as 100% and as 30%. CGTrade can rewrite all three documents with no notice, and they bind you once published.

Terms and margin4 clauses flagged

CGTrade's ECN page sets the stop-out at 100% in its table and at 30% in a panel below it. The stop-out is the point where CGTrade closes your open trades for you.

Why this matters

You cannot tell from CGTrade's own page when your trades get closed. At 100% they close much earlier than at 30%, and no published document settles which applies.

Exhibit 8Warning100%

Stop-Out Level 100%
Quoted in ECN Account
Read from the broker's site on Open the reference

CGTrade advertises leverage up to 1:1000 on its Standard account. Its own notice cut leverage on commodities, indices and shares from 100 times to 50 times. That took effect straight after the market closed.

Why this matters

Less leverage means your open trades need more margin. CGTrade's notice says so, and tells you to add funds or close positions to avoid liquidation.

Exhibit 9WarningHarder than usual1000

Maximum Leverage1:1000
Quoted in Standard Account
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), ASIC (Australia), ESMA (EU)

Firms licensed by the FCA or ASIC, and firms under ESMA rules, cap retail leverage on major currency pairs at 30 to 1. CGTrade advertises up to 1:1000.

CG FINTECH is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

CGTrade can rewrite the website terms, the risk notice and the privacy policy at any time without telling you. Each change binds you as soon as it appears on the site.

Why this matters

The terms you read today are not the terms you are held to next week. The banned countries list carries the same power, so your country can be added without warning.

Exhibit 10WarningHarder than usual

This Terms and Conditions may be updated from time to time without prior notice to the Visitor. The amendments to the Terms and Conditions shall become effective immediately and shall be legally binding on the Visitor upon publishing of the Terms and Conditions on CGTrade’s website.
Clause 6.4 in Website Terms and Conditions, p.4
Read from the broker's site on Open the reference

CGTrade's risk notice says you may lose more than your initial investment. It also says you may be asked to add a substantial amount quickly to keep positions open.

Why this matters

One fast market move can leave you owing CGTrade money. Nothing published caps your loss at the balance in your account.

Exhibit 17NoticeStandard wording

You may suffer losses more than your initial investment and may be requested to deposit an additional substantial amount of funds in a short period to maintain your open positions.
Clause 4.1 in Risk Disclosure And Acknowledgement Notice, p.3
Read from the broker's site on Archived copyOpen the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ASIC (Australia), ESMA (EU)

Firms licensed by the FCA, CySEC or ASIC, and firms under ESMA rules, must cap a retail client's loss at the money in the account. This notice makes the opposite plain.

CG FINTECH is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

CGTrade decides disputes about CGTrade, and that is final

The only dispute process CGTrade publishes sits in its promotion terms: its own management decides, and the decision is final and binding. No document gives you a deadline, a procedure or a regulator to escalate to. The website terms deny all liability for loss.

Complaining1 clause flagged

The only dispute process CGTrade publishes sits in its promotion terms. CGTrade's own management decides, and its decision is final and binding on everyone involved.

Why this matters

No document gives you a deadline to complain, a procedure to follow, or a regulator to escalate to. The website terms also make you cover CGTrade's losses if you break them.

Exhibit 11WarningHarder than usual

Any disputes or likely misunderstandings that may occur as a result of the Campaign terms will be resolved by the CGTrade Management in a way that presents the fairest solution to all parties involved. Once such a decision has been made, it shall be regarded as final and/or binding for all parties.
Quoted in welcome account
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must publish a complaints procedure, answer within a set time, and point a client to an independent scheme. Nothing CGTrade publishes does any of that.

CG FINTECH is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

The policy promises no sharing, then lists seven kinds of sharing

CGTrade's privacy policy opens by promising that nothing about you goes to a third party. Clause 4.1 then lists seven kinds of third party it may share your data with. Asking for deletion can end your account, and the FAQ says your data stays on file for 7 years.

Your data1 clause flagged

CGTrade's privacy policy opens by promising that nothing about you goes to any third party. Clause 4.1 then lists seven kinds of third party it may share your data with.

Why this matters

Asking CGTrade to delete your data can close your account, because clause 8.2 says so. Its FAQ says your data stays on file for a minimum of 7 years.

Exhibit 15WarningHarder than usual

This Privacy Policy (“Policy”) ensures that the user and/or Client of CGTrade’s website shall enjoy privacy and that no documents and/or information relating to them shall be shared with any third party.
Clause 1.1 in Privacy Policy, p.1
Read from the broker's site on Archived copyOpen the reference

CGTrade's price does not have to follow any exchange

The risk notice says CGTrade's prices need not follow other exchanges, so its own quote is the only reference. The notice calls a misquote by CGTrade a Manifest Error, and denies liability for the profit you lose through one. No conflict of interest policy is published.

In plain words

A manifest error means an obvious mistake by the broker.

Price source1 clause flagged

The risk notice says CGTrade's prices need not follow any exchange. It calls a misquote by CGTrade a Manifest Error, and denies liability for the profit you lose through one.

Why this matters

A bad price that closes your trade is your loss under this notice. No published document says whether CGTrade takes the other side of your trades.

Exhibit 16WarningHarder than usual

the prices of some trading services available on the MetaTrader 4 Platform may be independent of any exchanges and we are not obliged to follow the prices of other exchange platforms;
Clause 4.3(p) in Risk Disclosure And Acknowledgement Notice, p.4
Read from the broker's site on Archived copyOpen the reference

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The headline offers a $168 account and the terms below grant 888 US Cent, which is $8.88.

Said in public, in English

Experience one of the best trading environments in the industry risk-free with our $168 Welcome Cent Account.

Welcome account page headline

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

In the contract

A 888 US Cent initial complimentary deposit is added automatically to the Welcome Cent Account.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

02

The panel says the profit can be withdrawn, and the terms make a $100 deposit the way to reach it.

Said in public, in English

PROFITABLE Profits earned can be withdrawn

Welcome account page, benefits panel

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

In the contract

Open a live MT4 trading account inside the Client Area and deposit a minimum of $100;

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

03

The page promises segregated accounts while the notice allows pooling with other clients and third party liens.

Said in public, in English

Client funds are held in segregated accounts with top-tier banks.

Why CGTrade? page, safety of clients funds

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

In the contract · clause 5.5

The Client Money shall be held on trust by us for the Client and the Client Money shall be segregated from our bank account at all times. We may hold the Client Money and the money of other clients in the same account and it might not be possible to segregate the Client Money from the other client.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

04

A zero fee policy on a FAQ page sits against a notice that lets the charges change at any time without notice.

Said in public, in English

CGTrade has a zero fees policy on deposits and withdrawals.

FAQ, deposits and withdrawals

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

In the contract · clause 4.3(t)

the Client acknowledges that the Charges may change at any time without prior notice;

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

05

One panel promises no hidden mark-ups and a note on the same page says the charts hide the mark up.

Said in public, in English

Get access to major indices with no commissions or requotes and no hidden mark-ups.

Standard Account page, instruments panel

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

In the contract

Please note that Standard account charts show market and spreads without the mark up.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

06

The FAQ puts every account at $100 and the ECN account page asks for $3,000.

Said in public, in English

The minimum deposit for all account types is $100. However, to get a VIP account, you have to reach a balance of minimum $10,000.

FAQ, deposits and withdrawals

In the contract

Minimim Deposit3000

07

The overview table asks $10,000 for the VIP account and the VIP page asks $20,000.

Said in public, in English

Minimim Deposit:10,000

Account Overview table, VIP column

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

In the contract

Minimim Deposit20000

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

08

CGTrade names a Canadian body as its regulator and refuses clients who live in Canada.

Said in public, in English

CGTrade is an ECN CFD broker, authorised and regulated by the Financial Services Commission (FSC) of Mauritius and the Financial Transactions and Reports Analysis Centre (FINTRAC) of Canada.

Why CGTrade? page, who we are

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

In the contract · clause 1

We do not provide trading services to the following jurisdictions including but not limited to Afghanistan, Azerbaijan, Bosnia and Herzegovina, Burma, Canada, Congo, Cuba, Ethiopia, Guyana, Haiti, Hong Kong, Indonesia, Iran, Iraq, Israel, Japan, Lebanon, Malaysia, Mali, North Korea, Singapore, Sri Lanka, Somalia, Sudan, Trinidad and Tobago, Tunisia, Venezuela, United Arab Emirates, United States of America.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

09

The contact page states its regulator only in Chinese, and names the regulator of a country it will not serve.

Said in public, in Chinese

加拿大金融交易和报告分析中心（FINTRAC）授权及监管，监管证号：M19530398。

Word for word in English: Authorised and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), supervision certificate number: M19530398.

Contact Us page, the regulation line, in Chinese on an English page

In the contract · clause 1

We do not provide trading services to the following jurisdictions including but not limited to Afghanistan, Azerbaijan, Bosnia and Herzegovina, Burma, Canada, Congo, Cuba, Ethiopia, Guyana, Haiti, Hong Kong, Indonesia, Iran, Iraq, Israel, Japan, Lebanon, Malaysia, Mali, North Korea, Singapore, Sri Lanka, Somalia, Sudan, Trinidad and Tobago, Tunisia, Venezuela, United Arab Emirates, United States of America.

10

The FAQ allows EAs and the welcome account terms ban them.

Said in public, in English

We are proud that we have no restrictions on trading and no requotes. We also allow scalping, hedging, arbitrage, EAs and algorithms.

FAQ, advantages of trading with CGTrade

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

In the contract

Expert Advisors (EAs) are not allowed on Welcome Cent Accounts.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of cgtrademu.com

11

Hedging is advertised as allowed and the promotion terms treat it as abuse.

Said in public, in English

financial markets by using virtually any trading strategy, including EAs, hedging and scalping.

Why CGTrade? page, all strategies allowed

In the contract

Hedging trading positions internally (using other trading accounts held with CGTrade) or externally (using other trading accounts held with other brokers) and thus avoiding market risk, is considered to be an abuse.

12

Clause 1.1 promises no sharing with any third party and clause 4.1 lists seven kinds of third party.

Said in public, in English

This Privacy Policy (“Policy”) ensures that the user and/or Client of CGTrade’s website shall enjoy privacy and that no documents and/or information relating to them shall be shared with any third party.

Privacy Policy, opening clause 1.1

In the contract · clause 4.1(e)

to data processes who are third parties who CGTrade may engage to process personal data on our behalf including but not limited to archival storage, data entry service providers, computer backup services, and disaster recovery services;

13

One answer promises no withdrawal fee and another on the same page requires your margin to cover every payment charge.

Said in public, in English

Log in to your Client Area and fill in the respective withdrawal form. There are no fees on withdrawals.

FAQ, how do I withdraw funds

In the contract

However, at the moment of withdrawal processing, your free margin must exceed the amount specified in the withdrawal instruction including all payment charges.

The documents this reading is based on

11 files, all published by CG FINTECH. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording CG FINTECH publishes.

How this reading was done

Every clause above was read out of a document CG FINTECH publishes itself

This reading was published on .

Documents
11 of 11downloaded from the broker's site, and 11 read in full
Pages opened
45pages walked to find those documents, footer links included
Marketing pages
5public pages set against what the contract says
Languages
EN vs ZHthe language it advertises in, against the language it contracts in

Who the contract is with

CGTrade (Mauritius) Limited

All three legal documents define CGTrade as a brand jointly operated by two companies: Cgtrade Limited, registered in St Vincent and the Grenadines with company number 25355 BC 2019, and CGTrade (Mauritius) Limited, company number 166217. No document says which one a retail client contracts with. The site footer says CGTrade (Mauritius) Limited operates the website under Mauritius Financial Services Commission licence number C118023669, and the welcome account terms name that same company. The documents give it a registered address at the Standard Chartered Tower in Ebene, while the footer gives a different address at The Catalyst on Silicon Avenue. Every page of the three PDFs is headed www.cgtrade.com, which is not the website that serves them.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

The commission is stated plainly: 3.5 USD per side per lot on the ECN account, 3 USD on VIP, with the round turn worked out for you. Spreads, minimum lot size and margin levels sit in a table on the account pages, which many brokers never publish. The banned countries list sits on the front of every page instead of in a footnote. Most of the hardest facts in this report come from CGTrade's own risk notice, which states them openly rather than hiding them.

We could not read the client agreement, because CGTrade does not publish it. We read the privacy policy, the website terms and the risk notice in full, along with every site page we quote from. No earlier version of any of them is available, so there is nothing to compare against. The charges CGTrade defines by pointing at its MetaTrader 4 platform cannot be seen without an open account. We could not check one of those figures. CGTrade's Chinese language switch points to a site that did not load, so every claim quoted here comes from pages we opened ourselves.

How to check any of this yourself

Every quote above links to the CG FINTECH file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document CG FINTECH publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge CG FINTECH on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Sep 9, 2026.

If you represent CG FINTECH and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on CG FINTECH. Whether its licence is real and current is a separate check on the broker profile.

Back to the CG FINTECH profile