Company Profile
Company Profile
Review summary
Basic Information & Regulation of CEO Trading
CEO Trading is an STP brokerage firm registered in Belize in 2015, dedicated to serving the investment needs of investors and helping them pursue their financial goals. CEO Trading is not currently regulated in any way.
Safety Analysis of CEO Trading
The most important factor in determining the security of a Forex broker is whether or not it is formally regulated. CEO Trading is currently an unregulated broker, which means clients' fund safety and trading activities are not effectively protected compared to those regulated by the FCA in the UK, and CySEC in Cyprus. Additionally, CEO Trading's minimum deposit for accounts is too high, clearly a big scam. Investors are advised to stay away from this CEO Trading Forex broker.
Market Instruments
CEO Trading offers investors access to popular Forex currency pairs, CFDs, and precious metals.
Accounts & Leverage of CEO Trading
To meet the investment needs and trading experience of different investors, CEO Trading offers four different types of accounts: Mini (minimum deposit of $1,000), Standard (minimum deposit of $30,000), Pro (minimum deposit of $60,000), and Premium (minimum deposit of $120,000). Leverage is up to 1:500 for Mini accounts, 1:200 for Standard accounts, 1:50 for Pro accounts, and 1:25 for Premium accounts.
Spreads & Commissions of CEO Trading
The official website of CEO Trading does not show the specified spreads, and after testing the demo account, we know that the spread of EURUSD is more than 2.3 pips, which is much higher than the industry standard.
Trading Platform Available of CEO Trading
CEO Trading offers traders the MT4 trading platform as well as the MT4 web-based trading platform. MT4 is currently the most popular online forex trading platform, whose main selling point is its powerful charting package, lightweight hardware & code environment, allowing the development of new indicators and trading robots.
Deposit and withdrawal
CEO Trading supports users to withdraw and deposit funds to their investment accounts via wire transfer, SWIFT transfer, Asean Pay.
Pros & Cons of CEO Trading
The main advantages of CEO Trading are:
1. Availability of MT4 trading platform
2. Four trading accounts available
The main disadvantages of CEO Trading are:
1. Not subject to any regulation
2. High minimum deposit requirements
3. Target spread not specified & high spreads in demo accounts
4. Does not support EAs
5. Limited deposit & withdrawal options
