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Is Cinda-Securities a Scam Broker?
Cinda-Securities seems to be a polished website and promises “high-quality products” a fast trading experience and trading of metals, cryptocurrencies, forex, and other assets. In addition, Cinda-Securities emphasizes its flexible leverage and low spreads. There is nothing to raise red flags on the actual site except for some strangely worded disclaimers. For instance, Cinda-Securities says there is no guarantee information on its site is accurate and the broker’s recommendations should not be constructed as trading advice.
Is Cinda-Securities a Scam or Legit Broker?
These strange disclaimers seem like they are meant to be a way for Cinda-Securities to cover itself. It shows an ASIC license, but Cinda-Securities has been caught falsifying its licenses. It actually has no license and is a suspected scam. Cinda-Securities is the worst kind of fraud broker because it claims to be regulated and even shows a copy of a fake license, but is clearly lying to visitors to the site.
Our experts found out the following about Cinda-Securities:
- Warning by many regulators including ASIC
- Fake license information
- Weird disclaimers on the site
- Lack of transparency
- Customer complaints
Our experts do not recommend Cinda-Securities. We encourage visitors to do research, read our broker reviews and select regulated brokers. If you have been scammed by Cinda-Securities or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.