Score

1.51 /10
Danger

CISCO

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.00

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • 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

CISCO · Company summary
CISCO Review Summary
Registered Country/Region Cyprus
Regulation No Regulation
Services Margin Accounts / CSE-ASE / Cisco Global eTrading / Educational Material / Tied Agents
Demo Account Unavailable
Customer Support Phone Number: +357 22121700
Email: ciscoinfo@bankofcyprus.com
Address: 1 Agiou Prokopiou and Posidonos, 1st Floor 2406 Engomi, Nicosia
Contact form

What is CISCO?

CISCO is an unregulated financial services provider based in Cyprus. It offers a variety of trading services across different asset classes, including Margin Accounts, CSE-ASE (Cisco Stock Exchange - Alternative Securities Exchange), Cisco Global eTrading, Educational Material, and Tied Agents. These services enable investors to engage in trading activities across various markets and securities, providing flexibility and options for investment strategies.

CISCOs homepage

Pros & Cons

Pros Cons
  • Diverse Trading Services
  • No Regulation
  • Multiple Customer Support Channels

Pros:

  • Diverse Trading Services: CISCO offers a diverse range of trading services across multiple markets, including Margin Accounts, CSE-ASE, Cisco Global eTrading, Educational Material, and Tied Agents.

  • Multiple Customer Support Channels: CISCO provides various customer support channels including phone, email, address and contact form, enhancing accessibility and assistance for clients.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.

Is CISCO Safe or Scam?

CISCO currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.

No license

Services

Cisco provides a diverse range of services to cater to the needs of investors. These offerings include Margin Accounts, CSE-ASE (Cisco Stock Exchange - Alternative Securities Exchange), Cisco Global eTrading, Educational Material, and Tied Agents. These instruments enable investors to engage in trading activities across different markets and securities, providing flexibility and options for their investment strategies.

Services

Customer Service

CISCO provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Phone Number: +357 22121700

  • Email:ciscoinfo@bankofcyprus.com

  • Address: 1 Agiou Prokopiou and Posidonos, 1st Floor 2406 Engomi, Nicosia

  • Contact form

contact details

Conclusion

In conclusion, CISCO offers an extensive range of trading instruments and a comprehensive and accessible customer support network, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.

Frequently Asked Questions (FAQs)

Q 1: Is CISCO regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does CISCO offer demo accounts?
A 2: No.
Q 3: What trading services does CISCO offer?
A 3:
  1. CISCO offers Margin Accounts, CSE-ASE (Cisco Stock Exchange - Alternative Securities Exchange), Cisco Global eTrading, Educational Material, and Tied Agents.
Q 4: Is CISCO a good broker for beginners?
A 4: No. It is not a good choice for beginners because of its unregulated condition.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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