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CNBSFIN Review: Cnbsfin.com Forex Scam Condemned

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CNBSFIN Review: Cnbsfin.com Forex Scam Condemned

CNBSFIN (Cnbsfin.com) is another CFDs and Forex scam platform to hit the financial world. CNBS FIN is claiming to have the best trading strategies the market has ever seen. With such empty claims and promises, unsuspecting investors have signed up without conducting an investigation. And this is why majority of members have started noticing odd behavior from this platform. Read this genuine and honest CNBSFIN Review for more accurate details.

CNBSFIN Review

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CNBSFIN Review

After receiving numerous email complaints from members of this platform, we knew trouble was brewing. The platform is beginning to show its true colors as users get their accounts closed for no reason. Withdrawing funds with CNBS FIN is also a huge problem which users are facing. Once you send in your withdrawal request, your account will be blocked and your contact details erased. The so-called account managers will cease to exist and you will have no one to talk to.

Thanks to our years of trading experience, we know how to spot a scam from a mile away. The platform is full of signs that this is not a genuine trading platform. Only experienced and professional traders can spot scam websites. From afar, the platform looks genuine due to the well-designed homepage. If you take a closer look, you will notice a few design flaws with the platform. And this is where we urge you to read on and find out the scam tricks used by CNBSFIN.

About CNBSFIN

Disclaimer at the footer of the homepage claims this platform is based in Majuro Marshall Island. By their own admission, they have already stated they are offshore brokers. Offshore brokers are a problem when it comes to online investing, mainly trading. These brokers have been known to close down shop once they have their fill. After a couple of investors sign up and deposit funds, the platform closes immediately. CNBSFIN is another offshore based trading platform to avoid.

Another issue we found out is a problem with CNBSFIN is anonymity. Any anonymous online trading website should be avoided at all costs. The anonymity enables these scam artists to steal funds and leave no trace. Recovering stolen funds from anonymous and offshore trading platforms is next to impossible. Why has the platform failed to mention any founding member of the website? If we had the names of the founding members, we would have reached out for comment.

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Is CNBSFIN licensed or registered?

After checking with most Forex regulator register, we could not find any registration of this platform. CNBSFIN is not licensed or registered to perform any trading operations. Some of the regulators we contacted include ASIC, CONSOB, CySEC, FCA, and NFA. None of these has ever heard of this platform. And this shows the lack of professionalism on behalf of the platform. Members who deposit funds should know safety is not guaranteed. Deposits are never insured by unregulated platforms.

The whole website does not give members any information regarding license and registration. Why have they failed to post copies of their license and registration documents? You would imagine a platform should give users proof of their compliance. CNBS FIN is an unregulated platform which is only in the business of stealing funds. Once you deposit funds, they will place wrong traded and never allow members to be in control. Stay away from this platform as it is a proven scam.

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Advantages of CNBSFIN

No advantage could be seen with trading with an anonymous and unregulated online entity. With members already crying foul over the use of this platform, it is best to stay away. CNBS FIN is another rotten platform which uses a cloned website to entice users to sign up. Stay away from this platform as no withdrawal is happening. We hope authorities will investigate and take action before the platform traps other online investors. Stay away from this platform if you want to be safe while trading.

Disadvantages of CNBSFIN

Account types

CNBSFIN Account Types

CNBSFIN is furnishing users with four account types to choose from. Accounts are listed as Mini, Bronze, Silver, and Gold. The problem with these accounts is lack of proper information regarding the minimum deposit requirement. Another issue we found with the accounts is having an expert advisor. These are mere unfounded claims meant to lure investors to sign up. No expert advisor is available since most users are losing funds. Accounts are just a ploy to entice investors into signing up.

Customer Support

A huge problem with CNBS FIN is communication. Scam artists don’t want to keep communicating with would be victims. And this is why no live chat support is available on their website. Email address posted is of no use as response time is three to five days. When you send a withdrawal request using email, these fraudsters close your account. Phone number is never going through and if it does, no one picks it. These are scam artists who don’t want authorities to get wind of them.

Payment methods

When it comes to depositing funds with this platform, CNBS FIN has this well-covered. Users are depositing funds using available channels such as Maestro, MasterCard, Neteller, Skrill, and more. The main problem with this platform is no one is able to make withdrawals. Stay away and never deposit even a dime with this illicit trading platform.

Trading platform

According to information on their homepage, CNBSFIN is coupled with two trading platforms. Users can use ACTIV8 or Sirix trading platform while using this website. The problem with CNBS FIN is lack of proper security details to tackle hacking. Personal information can also be used to apply for online loans. Stay away from unsecured platforms.

Safety of funds with CNBSFIN

CNBSFIN is an anonymous trading website which fails to comply with the trading rules.Members are depositing funds straight to owner’s bank account. Never expect any compensation from Cnbsfin as they don’t participate in a compensatory scheme. Make sure to stay away from this platform and use industry recommended products.

Scam or legit

CNBSFIN How to Register

Evidence is clear; CNBSFIN is a scam waiting to pounce on unsuspecting investors. Make sure to stay away from this platform, or else risk losing your funds.  Mark all their emails as spam and never click on any links sent by their email marketing team. Warn your family and friends from associating with the so-called account managers. CNBS FIN is hiring call agents to act as account managers.

Bottom line

We will be adding this platform to our scam blacklist to ensure our readers stay alert.

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Wishing you a happy and safe trading experience.

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