Centre Forex Review: Centreforex.com Legit or a Scam?

Centre Forex is an online-based global market advisor that aims to make profits for investors through their trading strategies. The company claims to generate Pips for investors that are very secure and affordable for trading.  

Investors are provided with a consistent performance history of the company. However, do not be so quick to deposit funds into Center Forex expecting consistent returns. In the past it was possible to generate massive investment returns regularly.

Moreover, promising constant returns in recent times is impossible due to vast competition in the market. Forex trading also has high volatility, and just like any other business, you may end up having good and bad days, which you should expect.

Therefore if you’re looking to make a profit, you should invest with legit signal providers tried and tested to generate reasonable returns for clients. According to whois.com, the company domain name centreforex.com is for sale, which is a major red flag.

Investors who have deposited funds in the account may end up losing all their money; this is because the company may result in a new domain without informing you. Hence it is only advisable that you ignore this platform, and as you read this unbiased review, you may find reasons not to trust Centre Forex.

The company also provides live signals, and all the signals are verified to the third party; the sad part is not revealed. Transparency plays a significant role for investors in deciding the company they want to make a profit with. You should be able to check the platform before depositing a single coin thoroughly.

The platform promises customers multiple investment advantages such as live verified accounts and working with a top-notch, experienced team. However, scammers use the same allegations, and without proof of evidence, the company is a scam platform.

Centreforex.com Review

They promise investors they are working with experts in generating trade signals, yet they do not reveal any evidence of their experience. The company guarantee investors they will work with regulated and recommended brokers.

You also risk dealing with brokers who might not have any trading; this is because they do not reveal any regulatory information. Meanwhile, investing with unregulated brokers has never been profitable. Without verifiable evidence, you should avoid the company at all costs.

They claim to use a high watermark trading policy, and you’re entitled to receive customer support round the clock. The company also claim it provide affordable services, but you should not fall for this without knowing much about the company.

They also provide customers with Forex managed-accounts and analysis of the market. Centreforex.com has a section showcasing the pips return from 2015 to 2020, and they even claim to have generated more than 45000 Pips.

However, they do not have any verifiable data on MyFXBook that you can use to check any of their trade history. Without past trade data for a couple of months, it is impossible to verify the legitimacy of Centreforex.com.

Furthermore, they are legit signal providers that use regulated brokers, and it will be wise to invest with such. The company exposes so many red flags they do not have any sign reliability in the service they claim to render.

Funds Safety

Centre Forex domains are on sale, and the company may end up getting shut at any given time with all your funds. The company does not provide any evidence of successful dribbles that customers have made a profit.

This only proves that there is no trading activity taking place, and you’re most likely not going to benefit until there is any positive feedback to recommend the company. They do not reveal any evidence of past trade transactions, and they still might be making losses than profit.

Centreforex.com should provide investors with at least three months of past trade transactions before earning your trust. Transparency regarding the company owners is not known, and you may end up dealing with criminals who might not even have any experience in Forex trading.

They do not offer any demo account that you can use to test the signal generated. The time frame used for trading is also not revealed, and this is just enough information not to trust Centre Forex with your money.

The kind of returns this investment firm claims to have made lacks any verifiable evidence. You do not also know the type of returns to expect; hence you might make a big mistake investing with the company.

Regulation and Customer Support

Centre Forex founders may end up facing criminal prosecution for generating funds from the public. Therefore for any investment form to generate funds from the public, they need to follow all the regulatory measures.

Due to the massive increase in the number of scammers in the market, various countries have made it necessary to provide regulated services to their clients. Meanwhile, regulated platforms showcase a high level of transparency, and you can easily find the same data and verify them easily.

Unregulated companies do not last for long in the market, and we may end up facing closure at any given time. Once the regulatory bodies find out Centre Forex is operating illegally, they risk shutting the platform with all your investment funds.

You should easily find details regarding the owner’s data in regulated platforms, unlike vice versa. They do not reveal any location where you can use to know where the company owners are located.

The company provides various recommended brokers that you can choose from.  However, they do not provide any regulatory data they hold, and this is a major red flag. The company was anonymously created with experts, Traders, and brokers from the about us section.

However, they do not reveal any information regarding the founder. Therefore, you might end up dealing with criminals. You need to know the kind of experience the people behind the Investment firm hold before trusting them with your funds.

Investors can only reach the company through email support, and you should at least find telephone contact. There is no regulatory body that recognize Centreforex.com.

Final Verdict

Centreforex.com is not a legit signal provider; this is because they do not have any positive feedback. The platform also does not have any past trade activities to earn your trust.

They do not provide regulated services, and they may be illegally generating funds from the public. Contact support plays a significant role in choosing the best investment firm. Information regarding the founders is unknown, and you do not know who is controlling your money in Centre Forex.

 

Therefore you should invest with legit signal providers that reveal transparency in the method of operations and will indeed generate a reasonable income. The company fails to provide any banking information. Yet they require investors to provide their data while depositing funds.

Investors do not know the kind of method this company uses for operation. Additionally, we are not aware of the kind of returns to expect. The type of algorithm used to generate the pips is strange, and you may make massive losses.