Note: Ceress official site - http://www.Ceresfx.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is Ceres？
Ceres, fully known as Ceres Services Group Limited, is a global company based in New Zealand, offering financial services to traders across the globe. However, it's critical to underscore specific issues of concern. Ceres currently lacks valid regulatory oversight from recognized institutions, creating legitimate concerns about trading security. Its malfunctioning website is another significant issue that warrants serious attention.
In the following sections, we will delve into an in-depth exploration and explanation of this broker's features from various perspectives, providing clear and well-structured information. If this sparks your interest, we encourage you to keep reading. The article will round off with a concise summary, allowing you to quickly and effectively grasp the broker's key traits.
Pros & Cons
Upon a detailed evaluation, it is evident that the broker Ceres Services Group Limited has no discernable advantages to be highlighted.
The primary drawback is its lack of regulatory oversight, which is a significant safety concern. Coupled with its inaccessible website, the transparency of this broker becomes highly questionable, undermining its credibility drastically. The broker also falls short in offering a variety of customer support channels to Email and QQ only, impeding their ability to respond effectively and promptly to customer queries or issues. In addition, negative reviews from its clients serve as another warning sign, accentuating the necessity for prospective traders to exercise caution. Therefore, the negatives far outweigh any conceivable positives, indicating necessary vigilance when considering this broker.
Is Ceres Safe or Scam？
When considering the safety of a brokerage like Ceres or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory sight: non-regulated status casts serious doubts regarding the security of trading with them. And, with their official website currently not being accessible, indications suggest possible discontinuation of their operations. These elements together escalate the potential risks involved when considering investments through this platform.
User feedback: The existence of seven reports related to scams and withdrawal issues on WikiFX should unequivocally be regarded as potential warning signs. It's essential for anyone considering initiating dealings with a broker or investment platform to carry out comprehensive research and meticulous evaluation to prevent making decisions they might later regret.
Security measures: So far we cannot find any security measures info on Internet for this broker.
In the end, deciding if you should engage in trading with Ceres is a subjective decision. It would be prudent to thoroughly assess the risks and advantages before coming to a conclusion.
User Exposure on WikiFX
The existence of seven reports related to scams and withdrawal issues with this broker, which are visibly available on our website on WikiFX, should undeniably serve as major red flags. We highly recommend all traders to thoroughly scrutinize all the available information before jeopardizing their hard-earned assets.
Designed to be a comprehensive database, our website helps traders in making well-informed decisions. If you happen to come across any fraudulent activities by brokers or become a victim of such situations, we strongly advise you to report these incidents through our 'Exposure' section. We highly appreciate your input. Our adept team is committed to handling these issues and will strive to find a resolution to these grave circumstances.
Customer Service
Customer service at Ceres is somewhat restrained, limited to only two channels of communication: email and QQ. This restricted access could potentially disrupt direct or varied forms of client communication and assistance requirements.
QQ: 2396559722.
Email: service@ceresfx.com.
Conclusion
Ceres, an online global firm located in New Zealand, claims to offer trading services to an international clientele. Despite this, its non-regulated status immediately raises red flags, since duly regulated brokers are required to adhere to specific financial guidelines to ensure their clients' security. Such a lack of regulation escalates potential risks for traders, making them more susceptible to scams.
The dysfunctional state of their website and the seven reports of scams and withdrawal issues on WikiFX further accentuate the lack of professionalism and disregard for details, which in turn cast doubts on the reliability of their service.
As such, anybody considering using Ceres as a trading option should exercise utmost caution and take some time in extensively researching other regulated alternatives that prioritize transparency, safety, and reliability.
Frequently Asked Questions (FAQs)
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.
2023-03-24 17:45
2022-12-14 17:12
