Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDhouse Broker Review

  1. Launched in 2017, CFDhouse is a web-based brokerage offering a ‘platform of choice’ with CFDs in Forex currency pairs, commodities, indices and stocks as well as Crypto and CFD single stocks. As the ‘Home of the Modern Trader’ CFDhouse provides all the trading opportunities on a proprietary, state-of-the-art, electronic trading platform. Conveniently, the platform is accessible with one type of account from the browser of a smart mobile device or from a PC. The comprehensive service provided by CFDhouse lets clients trade in 200 financial assets, across 20 international markets during and outside of market hours.

    CFDhouse is owned and operated by Spot Capital Markets Ltd, a Cyprus based financial investment firm, licensed and regulated by the Cyprus Securities and Exchange Commission, CySEC. Importantly, the company segregates customer funds from business accounts and participates in the Investor Compensation Policy, compulsory for all Financial Investment Firms regulated by CYSEC.

  2. Account Features

    Crypto Trading at CFDhouse

    Customers at CFDhouse can trade in the volatile Bitcoin and Altcoin digital currencies without owning them. Now that digital currencies are considered to be the ‘hottest new assets’ for CFD trading, CFDhouse gives traders the opportunity to make very large investment gains by trading in crypto currency contracts for difference. The CFDs for digital currencies allow traders to predict whether the prices of the currencies will rise or fall in the time between the trading positions are opened and closed. Interestingly, traders can also sell the digital currencies ‘short’ and make potential profits on the decline. An in-depth explanation is available of Crypto Trading on the CFDhouse website for traders who want to know more.

    CFDhouse Demo Account

    A risk-free Demo account can be set up at CFDhouse with only an email address and a password. Customers can execute virtual trades in either GBP, EUR or USD without the risk of losing money. At any time, traders feel ready to set up a live trading account, they simply complete the registration formalities and deposit funds using one of the broad range of payment methods described in the closing paragraph of our review.

    CFDhouse Live Trading Account

    A single live trading account is offered by CFDhouse operating in EUR/GBP or USD. It’s important to realise that once a currency is chosen for the trading account, it cannot be changed. Traders need to make a minimum deposit of £$€100 to gain immediate access to the dynamic trading platform.

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
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  5. Trading Software & Assets

    We saw that the features of the proprietary trading platform at CFDhouse are clearly explained on the website. The platform provides multiple benefits including a facility allowing traders to ‘go short,’ meaning trades can be executed when the market is going down. Importantly, the platform gives access to a vast range of markets, 200 asset types and live quotes.

    The spreads, bid and ask price for selected assets as well as charts and additional asset information are all clearly indicated on the screen. With CFDs being leverage products, customers can choose leverage from 1:10 up to 1:200 on the selection bar at the top of the screen. A significant feature at CFDhouse is the Stop Loss setting clearly indicated on the platform, ensuring that traders can control the size of their investment and risk level automatically. Notably, the stop loss can be adjusted whilst positions are open on the trading platform. Just as important is the Take Profit setting, ensuring that the platform closes the trade automatically as soon as the desired profit level is reached.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. Support Information

    We found the Education Centre at CFDhouse very impressive with ‘Traders TV’ providing a daily market review, trading tips as well as tactics and analysis in a charismatic live presentation. Moreover, live presentations about all asset types available to trade at CFDhouse make for very informative viewing. Additional information is available in the online library where traders have free access to articles explaining multiple aspects of trading financial instruments including, technical analysis, leverage and spreads. A glossary of trading ‘jargon’ ensures that traders understand all the terms used on the trading platform.

    Customer Support

    Customers can contact the support team by email or by telephone, on the number provided on the contact page. Disappointingly, CFDhouse does not provide live support on the interface, at the present time.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. Banking & Company Information

    CFDhouse supports a broad range of methods for deposits and withdrawals using the online deposit and withdrawal forms in customers’ accounts. As trading accounts operate in GBP, USD or EUR, deposits made in other currencies are converted to the chosen base currency at the customer’s expense. More than 20 digital payment methods are available including Skrill and Neteller as well as bank wire transfer and credit/debit cards. Currently the accepted credit/debit cards are Visa, Mastercard, Delta, Diners, Maestro, Switch and Solo.

    The minimum deposit with credit or debit card is 100 EUR/GBP/USD with no fees charged by CFDhouse. Notably, the maximum deposit per transaction is 5,000 EUR/GBP/USD with multiple transactions permitted. We were pleased to see that CFDhouse uses advanced SSL encryption technology to protect credit card transactions over the internet, ensuring the utmost security.

    The maximum size of deposits by bank wire transfer are unlimited. with the minimum deposit set at £$€100. No specific reference is made to the minimum and maximum deposits using E-Wallets. However, the details for each type of electronic payment method should appear on the deposit form in customers’ accounts.

    Fees and Commissions

    Customers trading with CFDhouse are not charged swap/rollover fees or trading commissions. To provide revenue for the brokerage services, CFDhouse quotes prices for underlying assets at which it’s prepared to sell the CFD options for. Even though quoted prices shown in the boxes on the home page are based on live feeds from financial markets, the prices may vary by several pips, providing revenue to the broker as well as the trader.

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

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