CFD Planet

CFD Planet is not considered a safe or reliable broker for trading. According to WikiFX data, the firm holds no valid licenses from any major financial authority, classifying it as an unregulated entity. The WikiFX assessment score of 1.42 reflects a profile of significant concern. The complete absence of regulatory oversight means client funds are not protected by any compensation scheme, and there is no independent avenue for dispute resolution. Engaging with this broker involves a high degree of financial risk.

No, CFD Planet is not regulated. The firm operates without a license from any recognized financial regulatory authority such as the FCA, ASIC, or CySEC. WikiFX data confirms it has a regulatory index score of 0.0 and is categorized as having 'No Regulation'. Trading with an unlicensed entity like CFD Planet carries inherent and severe risks, as there is no external supervisor ensuring fair practices or safeguarding client assets.

CFD Planet offers multiple account tiers with varying minimum deposit requirements. The Standard account requires a €10,000 minimum deposit. Higher-tier accounts have significantly larger entry requirements: €25,000 for the Advanced account, €100,000 for the Platinium account, and €500,000 for the VIP account. These entry points are exceptionally high compared to industry standards, where brokers often offer accounts starting from $100 to $500.

Specific platform details for CFD Planet, such as support for MetaTrader 4 (MT4) or MetaTrader 5 (MT5), are not publicly disclosed at this time. The broker's software index score is rated at 4.0. To confirm platform availability, traders should consult the broker's official website or contact its customer support directly.