CG International

CG International presents itself as a legitimate trading platform, but the evidence tells a different story. Here is what our review of CG International uncovered.

Who is CG International?

CG International markets itself as an online trading and investment service. Its public site is presented at https://www.cginternational.de/. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is CG International regulated?

We could find no evidence that CG International holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• Unrealistic profit claims and pressure to deposit more
• Offshore or shell-company registration used to avoid oversight
• No credible physical address or verifiable corporate record
• Account dashboards that show “gains” with no real market exposure
• No verifiable licence from a recognised financial regulator

Our analysis

On 31 Jul 2017, the Central Bank of Malaysia issued a warning against CG International that this firm may have been wrongly perceived or represented as being licensed or regulated by Bank Negara Malaysia (BNM). You may visit: https://www.bnm.gov.my/financial-consumer-alert-list

Can you recover money lost to CG International?

If you have deposited with CG International, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.