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. However, it is not known whether this data corresponds to reality, as the company did not provide copies of registration documents and licenses.

Should you invest your money in trading on this platform? Our review of CIMD LTD will help you understand whether this broker is as reliable and safe as it claims to be.

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 trading plan options.
  • More than 250 analytical tools.

CIMD LTD presents leverage up to 1:500 and spreads from 0.0 pips. However, other values are indicated in the description of trading accounts: leverage from 1:20 to 1:100, and spreads from 0.8 pips.

There are no internal documents available on the platform, there are no Trading Conditions, and the amounts of commissions and fees are not disclosed.

CFD traders can take advantage of round-the-clock technical support and consultations from a personal manager at CIMD LTD. The company’s accounts are not available on social networks, and online chat is available only to registered users.

CIMD LTD Vital Info

The site owners claim that this resource is one of the leaders in CFD trading in the Asian and European regions. It is worth noting that they do not provide their names and facts from the history of the project, but they claim the presence of 837 thousand active traders. However, you can find out the duration of the platform by looking at the domain, which was registered only in April 2024. This suggests that the statistics are most likely falsified.

We found out that the founders of the project published the real address of the brokerage firm’s office in Dubai. In addition, in the state register of this country, we found license DFSA F001383 dated 2012. However, this registration number belongs to CIMD (Dubai) Limited, which has an official website Unfortunately, we have not found any connection between this organization and the domain.


What are the key facts about CIMD LTD?

The brand is not listed in the global registry of legal entities, where there is only a Dubai brokerage firm with a similar name. Copies of the organization's certificates of incorporation and regulatory approval for brokerage activities are not available on the website. The domain was registered on April 2024.

What's the risk to my wallet when working with this broker?

The platform does not provide documentary evidence of brand registration and license. It is not safe for you to work with a project that has no guarantees of legitimacy. The risk of losing your investment is very high when trading CFDs using a dangerous leverage size of 1:500, which reputable financial commissions limit to 1:30.

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