Charing Cross Group reviews from experts

Detailed reviews | Charing Cross Group scam? Visitors: 603 ★★★★

New companies come to the market every month, and most of them disappear twice as quickly. Is it worth working with a new British broker on the market? Let’s find out what reviews have to say about it.

Some trader opinions about Charing Cross Group appeared in the discussion groups of new brokerage platforms more than six months ago. At that time, the company was just beginning to develop the market of EU. Even while the employees of the company have more than ten years of experience, company in its current status started to operate on market not so much time ago. We decided to check if scam or not.

The company differs from scam services by several main points:

Real working conditions. That is, no one persuades to carry as much money as possible in order to increase investments by 300% in the first month. Unrealistic promises are given by unrealistic fraudsters. Instead, UK-based Charing Cross Group offers the same terms and conditions as many other resellers.

•    No massive ads campaign. Do you come across banners from Charing Cross Group scam with offers to get rich at every step? We did not, and we checked: no massive campaigns were launched ever since the company started working. It care more about reputation, than about the number of clients, and that’s the right strategy. But scammers usually spend a lot on advertising, since they rely on those who don’t have any experience in trading and can be easily tricked.
•    Registration. Whatever one may say, the headquarters in the business center in London is much better than a bungalow on the islands. In addition, registration in the UK also implies compliance with the requirements of the harsh English laws.

Finally, the main problem with scammers (and in fact, the main goal of their activity) is the multiple delays of payments of the money earned by investors. Charing Cross Group reviews describe only good points of withdrawal process: they pay, the delays are minimal and even if they appear, company does its best to process them as soon as possible.

Detailed reviews.

Place of registration of the company: London, Bishopsgate. We checked - this is the address of a typical London business center, where brokers, insurance and bankers, as well as real estate dealers work daily.
Number of clients: a beautiful figure of 10 thousand, most of them are from EU countries.

Types of assets: currencies (a broker with extensive experience in Forex), cryptocurrencies (not only bitcoins, but also altcoins), raw materials, stocks, stock indices, CFDs.
Most of clients clearly prefer currency trading, as this is a narrower specialization of the company, as it becomes obvious even from the information on the website (the major part of information is about Forex).
The company offers leverage up to 1: 100, but warns about the risks and in its RISK DISCLOSURE forms the basic principles of trading, explains the reasons for a margin calls etc. (the text can be downloaded as a pdf file).
Documents: the company's documents are available on the site. We’ve found user agreement, privacy policy, order opening policy, risk notice and much more. Another reason not to call scam – fraudsters rarely post their documents.

Withdrawal of money. The broker cooperates with several payment systems. Deposit and withdrawal methods:
Bank transfers (Visa, MasterCard);
Payment solutions (Scrill, Neteller);
Web wallets.

Creating account. You can register in a minute by filling out a simple form (indicate your real country of residence, real phone number and date of birth).

Verification. Charing Cross Group scam avoiding procedure does not allow scammers to register and deal through the platform. Anti-money laundering protocol has been introduced through the verification of each client. To pass it, you will need screenshots of documents (receipts from a bank, passport), a client's photo (on request) and other certificates. Detailed information can be found on the KYC support page of the site. That’s why on scam individuals and companies can’t perform their usual behavior – too much of a risk of being caught.

Charing Cross Group reviews. Trader opinions are mostly positive. They mention high-quality service, timely withdrawal of money, a well-developed terminal. We also found a few complains about the support work schedule (weekdays only).
Trading conditions and account types - reviews

Trading features of the platform: small spreads, low entry amount, good leverage, insurance of transactions, analytical support and trading signals.

There are five types of investment portfolios prepared in advance by the company, which coincide in the following positions:

Additional services

Webinars. The broker offers an online training course (it is mentioned in each tariff), which includes online seminars, sessions with analysts, lectures and other educational materials that will help trader to understand the market better and build his or her own strategy. That’s why Charing Cross Group scam -free environment is usually mentioned as friendly for newcomers, and that’s what differs the company from fraudsters - as you know, they donot imply training or any high-quality consulting.
The calendar. An economic forecast based on the calendar of events and the basic market assumptions is available for everyone. To find out the details of the forecast for a region, you need to select a specific country and filter category. Such a calendar will help you to better navigate the market situation, relying on the factors that shape it.

Application. For iOS and Android mobile devices, applications with a web terminal are provided. It is convenient to trade anywhere with the Internet access.

A new broker has entered the market, which has not yet darkened its reputation in any way. The company is no stranger to stock trading as it has worked with European clients for many years. Traders' reviews most often positively characterize trading with this broker.
The company's advantages include withdrawal methods, good support, online training and favorable trading conditions.


Comments (9)
Perkins Steven

I came to Capital Forex broker with almost no experience. Before that, I studied on demo accounts of other brokers, tested different strategies, experimented with quotes. I tried to systematize all the knowledge in my head and finally bring out some method of net profit. Charing Cross Group is a young broker, but this company is founded by expert traders with great experience who know all the pitfalls of trading. As I understand it, they wanted to make a clear, convenient system for earning that is suitable for everyone, from noobs like me to the highly experienced oil and gold traders. The basic plan costs $ 250, I put three hundred. I always have time to top up, the main thing is to learn how to get profit. Leverage is 1: 300, withdrawal is commission free. At first I was scared, then I figured it out. Support helped a lot, although it doesn’t always work to get through quickly. The profit came in a couple of months, three times already I outputed on the card, very quickly, from half an hour till two hours.

Anderson Kenneth

I chose Charing Cross Group because of fairly low spreads and MetaTrader 4 terminal. This is my favorite platform and I just don’t want to change it for anything else. Trade since September, and satisfied. Minimally everything is there for stable operation. Static spreads, sane quotes, all the necessary currency pairs, input at the current rate, output quickly and in any volume, there is no commission. Adequate approach to clients, managers have never been rude to me even in the most tense days. In the organization of all the work there is a certain confidence of experienced financiers who clearly know their business. It is a pity that there are no webinars and training material, I think it would be useful for beginners.

McDowell Moris

It became uncomfortable for me to trade in Finam because of the increased spreads for my pairs. Weighed all the pros and cons, and decided to look for something more profitable. Opened an account at Charing Cross Group, like the norms broker, albeit recently on the market. Spreads are almost equal to the market, maybe slightly lower, static. There is no broker fee for withdrawal and deposit. Only one terminal meta trader 4. In general, everything is ok. You can withdraw on the card, wallet and account.

Morton George

Started working with Charing Cross Group in April. Until now, there have been no problems, everything is more or less calm and solvable. Order execution is fast, clear, requotes are rare, managers do not interfere with the account, there were no system departures. Quotes correspond to the market, fixed spreads, all key currency pairs are present. Adequate support, only impossible to get through on the first try. Add a chat on the site or staff, obviously it’s time to expand. It is clear that it is not necessary for all managers to sit on the phone around the clock, but it’s wrong to have a client wait 10 minutes on the line in the daytime. It would be worth to add some trifles like bonuses for topping up and tournaments. Many people like it.

Elliott Solomon

Broker as a broker, there are not enough stars from the sky and land of milk and honey does not promise. But what is stated in the program texts fulfills, all the trading conditions as written. As I understand it, Charing Cross Group was created by experienced financial traders. So do not pay attention to the creation date of the company. More important is the thoughtful process of organization and support competence. There are no questions to the technical side either. The system works quickly, orders are executed almost instantly, not counting slowdowns with volatility. Static spreads are adequate, quotes are also sane. No commission for input and output. Only four user tariffs, but on the base there is a quite accessible entrance threshold. You can withdraw any available amount. The management should think about updating the site, it's time to add online support, expand the range of options for withdrawal of funds and possibly attract one more trading platform. Entertainment content doesn't interest me. But webinars would be useful to everyone, especially educational videos from experienced players.

Hart Reginald

And did you notice how quickly the glory of a good broker spoils when he gets to the rating positions? Pathos immediately begins, the quality of services falls, and prices rise. Well, that's what happened to me. There was one very respected broker in the country, oh ... I left and have no regrets. Well at least managed to withdraw money. Opened an account with a young broker Charing Cross Group. Well, let's check my concept again))) Trading conditions are completely fine with me, ordering is clear, fast. The starting rate includes all the tools I need. There is no commission for replenishment and withdrawal. All needed pairs are here, there is something to trade. MetaTrader 4 platform works reliably. Deposite to start three hundred dollars. Pay off after three months and went into the plus.

Parker Jonas

Chose Charing Cross Group because of static and relatively low spreads. I am satisfied with the quality of work. Intelligent support, usually helps to resolve difficult situations. They pulled me out of the drawdown, I then got off easy. Once I got to lock and did not know how to get out. Thank you for telling me, I almost didn't merged, there was a very small minus, I quickly recovered later. I would like more indexes and indicators in the terminal.

Allen Oliver

An excellent scalping broker. Charing Cross Group works on the MetaTrader 4 platform. Clear secure system, no failures, fast ordering, there are no cancellations for transactions, requotes are minimized as well as slippage. Enrollment is quick, a couple of seconds, no matter what the amount. With webmoney and cards is almost instantly. The withdrawal is also operational, half an hour, without commission.

Griffin Joshua

I put the broker eight out of ten. The advantages of Charing Cross Group include: the use of a multi-market platform MetaTrader 4, more than 50 popular currency pairs, the ability to trade in raw materials, food, precious metals and energy resources, and also cryptocurrency, reliable analytics, data transfer security, experienced technical support team, personal manager, affiliate program, leverage 1: 300, static spreads, fast withdrawal of any amount, no commission. Disadvantages: lack of webinars and training materials (not counting a small FAQ and a glossary of terms on the site), inter-trading tournaments, lack of financial tools and insurance at a basic level, there are several emails and only one phone number to communicate with the support !!

Lambert Lesley

I had no problems with a broker all the way. From the moment I opened the account to this day. Registering at Charing Cross Group is a matter of minutes. If necessary, you can talk with support. I needed a consultation. The manager told me in detail everything about the work process, where to look for spreads, whether there are any commissions, how to withdraw money and how to pass account verification before the first withdrawal. They also gave a brief consultation on the MetaTrader trading platform, and sent me a link to the manual, advised me to download it and study carefully. And then call back with questions if they arise. Then I deposite three hundred dollars, by the way, they put at the current rate of the bank. Trading started automatically. Trades go without disconnects, and due to the correct setting of the terminal, it turns out to avoid requotes and slippings. For three months I have already reached a stable plus, so everything works clear and precise. There is a claim. If at the beginning of work I could communicate with technical support in a measured and unhurried manner, now I would like to have emergency operational assistance and there is no time to wait for a connection. I really hope that there will be the possibility of online communication in a chat or any instant messenger.

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