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The Financial Centre -

Score

1.43 /10
Danger

The Financial Centre

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

https://financialcentre.com

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Score

Regulatory Index0.00

Business Index6.39

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Danger

UK FCA
2022-10-26
The Financial Centre / The Financial Centre
The Financial Centre

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

The Financial Centre · Company summary
Basic Information
Registered Countries United Kingdom
Regulation No regulated
Minimum Deposit $250
Maximum Leverage 1:400
Minimum Spread From 0.6 pips
Trading Platform Webtrader
Demo Accounts Available
Trading Assets Stocks, Forex, Crypto, Indices, Commodities
Payment Methods Credit Cards (MasterCard, VISA), E-wallet (APM, EFT), and Wire Transfer
Customer Support Telephone, Email

General Information

Registered in the United Kingdom, The Financial Centre is an online broker providing a series of trading instruments to its clients, covering Stocks, Forex, Crypto, Indices, Commodities. With The Financial Centre, four classes of trading accounts are provided, namely Basic, Silver, Gold, Platinum, and VIP accounts, and the he minimum deposit required by this brokerage is $250.

Here is the screenshot of The Financial Centres official website:

basic-info

The Financial Centre is not regulated by any regulator to support its operation, and thats why WikiFX has given it a very low score of 1.29/10. Trading with an unregulated broker is taking huge risk of losing money. Please be aware of the risk.

regulation

Market Instruments

With The Financial Centre, clients are given the opportunity to trade Stocks, Forex, Indices, Cryptos and Commodities. Honestly, trading assets provided by this broker seems average.

Account Types

Five types of trading accounts are provided for all clients who pursue different trading environment, namely Basic account, Silver account, Gold account, Platinum account and VIP account.

The minimum deposit specifies account type, with the Basic accounts from $250, the Silver account from $10,000, the Gold account from $50,000, the Platinum account from $100,000, the VIP account from $250,000.

account-types
account-types

account-types

account-types
account-types

Leverage

When it comes to leverage, The Financial Centre enables its clients to use the maximum trading leverage up to1:400, which is greater than the levels regarded appropriate by any regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

When it comes to trading platforms available, what The Financial Centre offers is a web-based trading platform. You can log in to your account and trade on any device that has an internet connection.

Deposits & Withdrawals

The payment methods that you can use through The Financial Centre include Credit Cards (MasterCard, VISA), E-wallet (APM, EFT), and Wire Transfer.

The minimum deposit amount is 250 USD/GBP/EUR, and the minimum withdrawal amount is $100.

payment-methods

Customer Support

Clients with any inquiry can first seek answers in its FAQ section, and its staff service can be reached through online chat, email.

Email: support@financialcentre.com

Support Operating Hours: Monday to Friday 04:00 to 01:00 GMT.

Restricted Regions

The Financial Centre does not offer services to clients from The United States, Cuba, Democratic Peoples Republic of Korea (North Korea), Iran and Syria, and may refuse to accept traders from other jurisdictions.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Generous leverage up to 1:400 No regulation
High account-opening capital requirement
Not accepting clients from some countries
Weak trading platform

Frequently Asked Questions

Is there a minimum withdrawal amount？

The minimum withdrawal amount is $100.

What currencies can I deposit？

You can open an account in USD, EUR, or GBP.

Do I need to install software？

FinancialCenter is a web-based trading platform. You can log in to your account and trade on any device that has an internet connection.

What is the maximum deposit amount？

It depends on the deposit method:

  • Credit Card- Amount varies

  • Wire-Unlimited

  • E-wallets-Amount varies

User Reviews

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Harry344
more than one year
The Financial Centre is a big time scam and they are also involve in criminal activities . I am one of their fraud victim . I can write a report more than 100 pages of their illegal activities . But in short , I am warning to public to stay away from them . The main person name is DANIEL KLEIN , senior account manager . He promised me to help to make profit in trading in crypto currency . I invested 40,000 , but he disappeared and never answer my emails . They have computer generated phone nos. and those phone numbers never work . After investigating by an agency , it is discovered that the trading account shown is fake . The funds showing in client's account is fake money , The actual funds transferred from my account gone in their pockets but they don't deposit in the trading account . I have more names to be announced , who contacted me on behalf of The Financial Centre . their names are Chris Klein ,Alex Vexler , Daniel Weber , Eddy Bauer , Michael Lisowsky . I will be posting a video on face book explaining the whole true story .
The Financial Centre is a big time scam and they are also involve in criminal activities . I am one of their fraud victim . I can write a report more than 100 pages of their illegal activities . But in short , I am warning to public to stay away from them . The main person name is DANIEL KLEIN , senior account manager . He promised me to help to make profit in trading in crypto currency . I invested 40,000 , but he disappeared and never answer my emails . They have computer generated phone nos. and those phone numbers never work . After investigating by an agency , it is discovered that the trading account shown is fake . The funds showing in client's account is fake money , The actual funds transferred from my account gone in their pockets but they don't deposit in the trading account . I have more names to be announced , who contacted me on behalf of The Financial Centre . their names are Chris Klein ,Alex Vexler , Daniel Weber , Eddy Bauer , Michael Lisowsky . I will be posting a video on face book explaining the whole true story .
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2023-07-18 13:09
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郑超锋
more than one year
Spreads are way too high, and I have to give up this broker. As an experienced broker, I know this broker is trying to extracting people’s money.
Spreads are way too high, and I have to give up this broker. As an experienced broker, I know this broker is trying to extracting people’s money.
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2023-03-02 09:56
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