This broker is registered in 2022 in Mauritius. As an offshore broker, it raises a lot of suspicions. Their official owner is Match Liquidity. But that’s also the owner of the Match Securities trading brand. Generally speaking, it’s not a good start.
However, we will talk only about Match CFD. That’s why it’s important to read our Match CFD review carefully. Additionally, you can find more useful pieces of advice in our Blink Trades, Moneta Markets and XtreamForex reviews.
Broker status: | Unregulated Broker |
Regulated by: | Unlicensed Scam Brokerage |
Scammers Websites: | Match.cfd |
Blacklisted as a Scam by: | N/A |
Owned by: | Match Liquidity |
Headquarters Country: | Mauritius |
Foundation year: | 2022 |
Supported Platforms: | Web trader |
Minimum Deposit: | $500 |
Cryptocurrencies: | Yes – XRM, ADA, SOL |
Types of Assets: | Forex, Commodities, Indices, Shares, Cryptocurrencies |
Maximum Leverage: | N/A |
Free Demo Account: | No |
Accepts US clients: | Yes |
Is Match CFD a Regulated Broker With a License?
Match CFD trading company claims to be regulated. In general, offshore regulations are not comparable to Tier 1 ones. For example with FCA, BaFin or ASIC. But surprisingly, Match CFD broker doesn’t have any of those mentioned licenses. None of the registers had any info about this company. But primarily FSC of Mauritius.
Additionally, this broker claims to have an office in the UK and Emirates. However, for trading in the UK, they must have TPR or FCA license. Which they don’t. The yellow card at the start.
Trading Platform and Other Apps on Match CFD
Another key point is their trading platform. Match CFD broker didn’t bother investing in third-party software. What we can see presented on their website is a standard web-based platform. But if you look closer you will find a match with trading view. It doesn’t offer many advanced features like Meta Trader or cTrader.
So, traders using netting, hedging or scalping don’t have anything valuable here. Not to mention social and copy trading which became popular recently. After all, Match CFD broker doesn’t have a mobile app suitable for any iOS or Android device. The only way to use the platform is through the browser.
What Financial Instruments Does The Platform Include?
As for trading instruments, we can assume it’s a good offer. Based on their software presentation. However, if you will get access to all data is questionable. Since this broker is openly lying about their license, everything is suspicious.
But if you still want to trade here, you can choose:
- Forex GBP/EUR, EUR/SEK, NOK/HUF
- Commodities natural gas, platinum, Brent crude oil
- Indices CAC 40, Dow Jones, Nikkei 225
- Shares Walt Disney, Deutsche Bank, American Airlines
- Cryptocurrencies BTC, XRM, SOL
Match CFD Countries Of Service
Unfortunately, Match CFD reviews don’t reveal much. But enough to determine their operations pattern.
This company is mainly focusing on countries like:
- United States
- India
- United Kingdom
- South Africa
- Canada
Important to realize is that especially for the UK broker must have an FCA license. However, they don’t.
What Are The Different Match CFD Account Types?
After all, we are not surprised by their poor account offer. Even though they claim transparency and trust, it’s nowhere to be seen. There are only 3 account types available:
- Standart/Starter $500
- Gold/Entrepeneur $5.000
- VIP/Guru $10.000
With higher deposits, traders get more assistance from their managers. Additionally, no withdrawal commissions and refunds on trading commissions. However, none of the trading conditions are transparent.
Can a Trader Use a Demo Account?
To sum it up, no. This broker doesn’t offer any risk-free option for traders. So, to get involved with this broker will take from you at least $500.
Which is never safe with an offshore broker. Especially one that is misleading traders. Considering their poor terms and conditions, everything might be misleading.
Terms of Service for Match CFD
The match CFD broker website is quite unprofessional. The lack of crucial information doesn’t raise trust among traders. Let’s see first the funding methods. You can use:
- Debit/Credit cards
- EcoPays
- Bank transfers
- Terrixa
Of course, none of the transferring fees and the processing time are available. On the other hand, the withdrawal processing time is 3-5 business days. In general, with such shady conditions, it’s questionable if it’s ever going to happen.
Leverage, Spreads and Fees
As shown above, none of the trading information is available. Starting with leverage and spreads. These are quite crucial factors to determine company legitimacy. Especially the one that is operating in very regulated countries. For instance, US and UK.
Additionally, this broker advertises no withdrawal fees on some accounts. But trading commissions are open for refunds. Thus, traders don’t know how much it will cost them to trade with this broker.
Does Match CFD Offer Security?
Since they mislead traders about licensing, they are not secure at all. Even if they advertise all possible security measures on their website, it’s not reliable. Because nobody monitors its activities.
That’s where the importance of regulation comes into play. After all, you have an institution to file a complaint to.
Match CFD Bonus Policy
With Match CFD broker, the bonus policy is not transparent. Since they have a referral program, you could expect some bonuses. Have in mind that bonuses are strictly banned in many countries.
The reason for that is the malicious clause behind it. In fact, if you accept the bonus you accept the obligation to trade a certain volume. Only after that, you can request a withdrawal. That’s what shady brokers are using as a tactic to extract more money from traders. Generally speaking, have that in mind while trading with any broker.
What Should I Do If I Have Match CFD Problem?
With a non-regulated broker, there are way fewer options. Firstly, you should share your experience with our fund recovery team. Very few clients will complain about anything else but withdrawal.
That’s why our expert team is there to advise you on any further steps. Whether it’s a chargeback procedure or tracking crypto with CipherTrace. At your disposal already today. Get in touch with us now.
What Is Match CFD?
Match CFD broker is an offshore entity offering services worldwide. But only since 2022.
Is Match CFD a Regulated Broker?
No. They claim to be FSC (Mauritius) regulated. Thus, their register doesn’t have Match Liquidity.
Is Match CFD Available in the United States or the UK?
As Match CFD reviews show, this broker offers services to both mentioned countries.
Does Match CFD Offer a Demo Account?
No. Instead of risk-free options, you can only choose a live trading account.