Score

1.37 /10
Danger

CelineInvest

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index5.94

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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Broker Information

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Company Name

Bamboozle Group LTD

Company Abbreviation

CelineInvest

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • 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

CelineInvest · Company summary
CELINE INVEST Basic Information
Company Name CELINE INVEST
Headquarters Saint Vincent and the Grenadines
Regulations No license
Account Types VIP, CLASSIC, STANARD, MICRO
Minimum Deposit VIP: $50000Classic: $20000Standard: $5000Micro: $250
Minimum Leverage 100:1
Customer Support compliance@celineinvest.pro

Overview of CELINE INVEST

Celine Invest is a broker situated in Saint Vincent and the Grenadines which registered in Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510 St. Vincent and the Grenadines. It is an online trading platform offering a variety of financial instruments to traders. With VIP, CLASSIC, STANARD, MICRO account types, traders can access currency through the MT5 platform. However, it's crucial to emphasize that CELINE INVEST operates without regulatory oversight, indicating the absence of supervision from established financial regulatory bodies.

Overview of CELINE INVEST

Is CELINE INVEST Legit?

CELINE INVEST has no license, which means this broker is not regulated. It is advisable for traders to thoroughly research and consider the regulatory status of a broker before engaging in trading activities to ensure a safer and more secure trading experience.

Is CELINE INVEST Legit?

Pros and Cons

CELINE INVEST offers several investments and potentially lower trading costs (variable spreads). However, it comes with significant drawbacks. The lack of regulatory oversight raises security concerns. They also seem to lack transparency in their policies and educational resources for new traders. Finally, starting an account requires a high minimum deposit.

Pros Cons
  • Various classes instruments
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Limited customer support options, primarily through email
  • High minimum deposits required

Account Types

CELINE INVEST offers four types of trading accounts tailored to meet the diverse investment needs of its clients.

  1. VIP Account: This is the highest-tier account with a maximum leverage of 1:100, suitable for experienced traders who can handle significant risk. It requires a substantial minimum deposit of $50,000, reflecting its status as an account for serious investors.

  2. Classic Account: Aimed at traders with a good level of trading experience, the Classic account offers a maximum leverage of 1:50. The minimum deposit for this account is set at $20,000, striking a balance between accessibility and professional trading.

  3. Standard Account: This account is designed for traders with moderate experience or those looking to increase their market exposure, offering a maximum leverage of 1:30. The required minimum deposit is $5,000, making it a reasonable option for many traders.

  4. Micro Account: Perfect for beginners or those with limited capital, the Micro account offers a maximum leverage of 1:10. With a minimum deposit of just $250, it's the most accessible account, allowing new traders to enter the market with lower risk.

Account Type VIP Classic Standard Micro
Maximum Leverage 1:100 1:50 1:30 1:10
Minimum Deposit $50000 $20000 $5000 $250

Leverage

Celine Invest offers differentiated leverage options tailored to various trader profiles across four account types:

VIP Account: Offers the highest level of leverage at 1:100, giving seasoned traders the ability to control a large position with a relatively small amount of capital, suitable for those with a high-risk tolerance.

Classic Account: Provides a moderate leverage of 1:50, balancing the need for significant trading exposure with risk management, ideal for traders with some experience looking to expand their trading strategies.

Standard Account: Comes with a leverage of 1:30, catering to regular traders who prefer a conservative approach to leverage while still seeking meaningful market participation.

Micro Account: Offers the lowest leverage of 1:10, targeting beginners or those looking to trade with minimal risk exposure, allowing for a more controlled trading environment.

Account Type VIP Classic Standard Micro
Maximum Leverage 1:100 1:50 1:30 1:10
Leverage

Customer Support

CELINE INVEST provides customer support through phone at compliance@celineinvest.pro.

Conclusion

In conclusion, CELINE INVEST presents traders with multiple classes of instruments and account types. However, the absence of regulatory oversight poses potential risk may hinder efficient resolution of inquiries. Additionally, the lack of educational resources and unclear company policies may present challenges for traders seeking comprehensive guidance. Traders should exercise caution and conduct thorough research before engaging with CELINE INVEST to mitigate potential risks and ensure a safer trading experience.

FAQs

Q: What is the registered country/area of CELINE INVEST?

A: CELINE INVEST is registered in Saint Vincent and the Grenadines.

Q: What is the company name of the broker?

A: The company name is CELINE INVEST.

Q: Is CELINE INVEST regulated?

A: No, CELINE INVEST operates without any official regulatory oversight.

Q: What types of account does CELINE INVEST offer?

A: CELINE INVEST offers four types of accounts: VIP, Classic, Standard, and Micro.

Q: What is the minimum deposit required to start trading with CELINE INVEST?

A: The minimum deposit varies by account type:

VIP: $50,000

Classic: $20,000

Standard: $5,000

Micro: $250

Risk Warning

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.

News

NewsAccess to Suspected Firms Restricted by Italy's Financial Watchdog, CONSOB

CONSOB, which stands for Commissione Nazionale per le Società e la Borsa, is the regulatory authority in Italy responsible for overseeing the securities and financial markets. In recent years, CONSOB has taken a number of measures to protect investors from the risks posed by unauthorized brokers.

WikiFX
2023-02-20 14:16
Access to Suspected Firms Restricted by Italy's Financial Watchdog, CONSOB

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FX1347190096
more than one year
I have been trading with Celine Invest for the last two months. Overall trading environment is quite good, quick order execution, narrow spreads, but leverage is too limited. I can only use 10 times leverage, significantly decreasing my potential profit. I haven’t met any problem when I withdrew my funds the first time, but I strongly advise this broker could increase their leverage ratio. That means a lot.
I have been trading with Celine Invest for the last two months. Overall trading environment is quite good, quick order execution, narrow spreads, but leverage is too limited. I can only use 10 times leverage, significantly decreasing my potential profit. I haven’t met any problem when I withdrew my funds the first time, but I strongly advise this broker could increase their leverage ratio. That means a lot.
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2023-03-21 10:11
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星宇6914
more than one year
The website of the company CelineInvest looks very professional, but I saw that it is registered with Saint Vincent and the Grenadines. I heard many scammers are registered there.
The website of the company CelineInvest looks very professional, but I saw that it is registered with Saint Vincent and the Grenadines. I heard many scammers are registered there.
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2023-03-01 18:18
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