The Dubai brokerage company offers clients to assemble a portfolio of sought-after assets and start trading on the best conditions. According to the official website, the organization has a license from the DFSA and has been operating for 12 years. In addition, 837 thousand clients are already trading 63,234 assets and they open more than 1.3 million trades daily.
Should you invest your money in trading on this platform? Our CIMD LTD review will help you understand how reliable and safe this broker is.
How to Trade
The brokerage firm provides access to over 3,800 financial markets, including forex, commodities, and crypto. Traders can utilize:
- More than 63,000 assets.
- 5 variants of trading plans.
- Trading with 0.01 microlots.
- More than 250 analytical tools.
CIMD LTD offers narrow raw spreads from 0.0 pips. The minimum deposit on the platform is 100€. Clients can use credit/debit bank cards for financial transactions.
CFD traders can take advantage of 24/7 technical support and consultations from a personal manager. Deposits in segregated accounts ensure the safety of clients’ funds.
CIMD LTD Vital Info
The company is one of the leaders in providing access to CFD trading in the European and Asian regions. It should be noted that the daily turnover of the broker is more than 983 million US dollars. Besides, the organization has a long experience in the brokerage services market, it has been operating for more than 12 years. This demonstrates the firm’s resilience in an industry where many of its competitors find it difficult to last even a year.
The firm lists regulatory data and headquarters location in the footer of the site. We found out that the founders published the real address of the brokerage firm’s office in Dubai. In addition, we found the DFSA license in the state registry of this country. Finally, the official UAE regulator confirms the founding date of this platform as 2012, which further increases the credibility of this company.
I am 100% confident in the reliability of this company! It has been in business for a long time, 12 years now, it has its headquarters in Dubai where the regulators have strict requirements for brokerage firms. I know that many such firms do not survive even a year, and some work for 3-4 years and close down. Besides the fact that CIMD LTD has the regulator's control, I am also pleased with the stable work of the trading program. Thus, I can be sure that everything here is reliable and no one will cheat me. It is not engaged in deception because it has a profit from commissions paid by traders. That is, the broker is interested in giving clients honest service, so that they trade with profit, or at least in zero, but better in plus, as users will trade with large volumes in the future, and therefore will pay more commissions, and this, in turn, will give more profit for CIMD LTD. I can confirm on my own example - the quotes here are honest, they do not differ from other sources, as I analyze them on Tradingview, and I open and close trades directly on this terminal. Withdrawal of funds is available, the employees do not ask me anything and do not require any extra documents. Yes, you need to go through identity verification, but it is a normal procedure. All legal companies require KYC, because the regulator requires it from the broker in the first place, otherwise - it will revoke the license. I also liked the conditions, I was pleased with the low spreads - less than a point and the commission is also small. I did not see such a practice here that after 100 trades I can get losses due to the fact that the costs will eat up all the income. The platform lacks only a virtual type of account. But this is not a very big problem, because the starting deposit is low on cimdltd.com. You can safely invest 100 euros, take lots of 0.01 and trade on minimal volumes, practicing and testing the platform.
The company pleased me with a great choice of assets for trading! For example, there are quite rare pairs on forex, the same applies to the cryptocurrency market. There is also a good choice of assets on the stock market. Also, having a single account for all markets allows me to keep a better track of my trading. There is an affiliate program and low spreads, overall the platform is great! I earn on average 700-800 euros a week. The personal manager helps each user and, believe me, he knows his business and gives a huge benefit, especially to those traders who came to the market for the first time and they do not know a lot. The starting deposit is acceptable.
I have no complaints about this intermediary. The platform is presented in the standard web trader version on cimdltd.com, but it works great👍 The terminal has never once shut down or lagged, everything works instantly. By the way, I got used to it very quickly, the functionality is simple, there is nothing superfluous here, all buttons are clear, the interface is very easy. As for the execution of orders, everything is super smooth, although there should not be any misunderstandings here, because these are CFDs, and they should always be executed accurately. At least, the limits are executed quickly, there is no slippage and delays. Managers are competent at cimd ltd, I have communicated with them 2-3 times, as I do not need constant support, as I am already an experienced trader and I know what and how to do in trading. They never bothered me with intrusive suggestions. So, I say thank you to the staff for the good service. I can recommend cimd ltd to beginners, they will like the broker as the entry threshold is low and the staff is always ready to provide the right training materials and help.
I think that this firm deserves all the compliments that other traders write to it in their reviews. I will leave my opinion. Before opening an account, or rather depositing, I talked to the staff of CIMD, I wanted to find out all the details of the trading conditions. Surprisingly, the staff are real pros who answered all my questions without any problems and gave the necessary information. There was no imposition of additional services or extortion of money from their side. So, I think that CIMD is a crystal honest CFD intermediary! I learned trading from this broker. In addition, excellent trading conditions gave me the opportunity to quickly learn how to make money myself. So I have only words of gratitude for this company!
It is good that I registered an account with Cimd ltd, because this company turned out to be both reliable and very comfortable to work with. The terminal does not freeze and it is also very clear and easy to learn. It took me only 2 days to understand how the platform is organized, what and where to click. The technical development is perfect, so you can not think about lags, freezes, disconnections, some other problems. Cimd ltd managers work great and they are very friendly. I've read rave reviews from other customers who trade here as well. By the way, some traders I know say that their balance here is 50-100 thousand dollars. I have a smaller deposit, but this is an indicator that serious people trade here, and the company is trustworthy, since such amounts are invested in accounts.