CAC400 offers trading in forex and CFDs on commodities, stocks and indices. There are three types of real trading accounts, plus an unlimited demo account with 10 000 virtual currency units and an Islamic account with no swap and overnight rollover fees.
CAC400 also offers free VPS hosting to clients with more than $5000 in their accounts.
The Company. Security of Funds
Company Country Regulation
Cherry Goose OU Estonia No
CAC400 is a forex broker owned by a company based in Estonia and says it keeps client funds in segregated accounts, but does not seem to be regulated. This suggests doing business with it is riskier than with regulated brokers, even though sometimes they are no better than the unregulated ones.
Nevertheless, we recommend choosing a regulated broker, preferably by UK’s FCA or the Australian Securities and Investment Commission (ASIC).
CAC400 offers the popular MetaTrader 4 (MT4) trading platform for desktop, web and mobile devices.
MT4 has been around for over a decade and is undoubtedly the most popular trading platform among brokers and traders alike. It is user friendly and has many functionalities, offers the options for algorithmic trading and hedging, supports money management accounts and numerous third-party applications. Recently the developer of MT4 MetaQuotes Software announced it is stopping the support and development for this platform in favor of its successor MetaTrader 5.
CAC400 offers a welcome promotion of up to 100% of the deposited sum, depending on the type of account. There are other conditions and requirements as well.
Methods of payment
CAC400 has several account funding options. Strangely, the broker does not accept payments through bank transfer, but clients can fund their accounts through credit and debit cards, China UnionPay and Western Union.
CAC400 may be based in Europe, but is not regulated, which should be a red flag for anyone who wishes to open an account with them and deposit money.
Then again, the broker’s trading conditions are not very enticing, compared to many regulated brokers, so perhaps you should choose another broker.
CAC400 Review Conclusion
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