Score

1.53 /10
Danger

CentroBanc

Estonia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

CentroBanc · Company summary

Note: CentroBanc official site - https://www.centrobanc.io/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

CentroBanc Review Summary in 4 Points
Founded 5-10 years
Registered Country/Region Estonia
Regulation Unregulated
Customer Support Email, phone

What is CentroBanc?

CentroBanc

CentroBanc, short for Takeshi Partners LTD, is an online trading platform hailing from Estonia who has been subject to substantial critiques arising from issues such as an inaccessible website and an absence of regulatory oversight.

With this article, we aim to conduct a comprehensive examination of CentroBanc, assessing the various elements of its platform and services. We strongly recommend an in-depth review of this article for anyone considering the use of this platform as it will provide a well-rounded understanding of potential risks and advantages. The article concludes with a summarizing overview of key attributes and considerations, providing a useful reference for those exploring the expansive world of online trading.

Pros & Cons

Pros Cons
• None • Unregulated
• Website inaccessible
• Lack of transparency

Pros:

  • None: CentroBanc's absence of explicitly listed advantages signals a lack of distinctive features. The absence of clear benefits prompts potential users to approach the platform with heightened caution and scrutiny.

Cons:

  • Unregulated: The concerning absence of regulatory oversight leaves users vulnerable to potential fraud or malpractices. Reputable trading platforms adhere to industry standards under regulatory supervision for user protection and overall market integrity.

  • Website Inaccessible: CentroBanc's current website inaccessibility poses a substantial issue, hindering users from conducting essential transactions and research. This technical obstacle raises questions about the platform's stability and reliability, impacting the overall user experience negatively.

  • Lack of Transparency: Transparency is crucial in the financial realm, yet CentroBanc falls short in providing comprehensive operational details and regulatory status. This lack of transparency leaves users in the dark, making it challenging to assess risks and make informed decisions.

Is CentroBanc Safe or Scam?

When considering the safety of a brokerage like CentroBanc 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: Presently, the broker operates without valid regulatory oversight, amplifying doubts about its legitimacy and reliability. The situation is further compounded by the unavailability of the broker's website, intensifying concerns regarding transparency and user accessibility.

No license
  • User feedback: For a firsthand understanding of the broker, it's advisable for traders to explore reviews and feedback from existing users. This information, acquirable through trusted websites and discussion forums, can offer unique insights into the broker's dependability and standard of service.

  • Security measures: Currently, there is no publicly available information regarding the security measures implemented by this broker.

In the end, the decision to trade with CentroBanc is a personal one that requires a thorough assessment of the advantages and disadvantages before making a final decision.

Customer Service

CentroBanc provides customer support through email and phone channels. However, notable limitations include the absence of live chat, social media, or other real-time communication options. Users should consider these constraints when seeking assistance, as the available support channels may impact response times and accessibility for query resolution.

Phone: +442038088455.

Email: support@centrobanc.io.

Conclusion

In conclusion, CentroBanc's lack of regulatory supervision, lack of transparency and limited customer support options raise concerns about its reliability. Exercise caution when considering this broker, prioritize platforms with robust regulation, and explore those offering transparency and responsive support channels for a secure and user-friendly trading experience.

Frequently Asked Questions (FAQs)

Q 1: Is CentroBanc regulated?
A 1: No. It has been verified that this broker currently under no valid regulation.
Q 2: Is CentroBanc a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its unavailable website, absence of customer support and lack of transparency.

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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MayBe24984
more than one year
Cold callers who use leaked data to contact. This company just cold contacted me to see if I was interested. I did not sign up to receive any marketing from them, in fact, I have never heard of them. Somehow they have my email address and mobile number. I will be reporting this as fraudulent activity.
Cold callers who use leaked data to contact. This company just cold contacted me to see if I was interested. I did not sign up to receive any marketing from them, in fact, I have never heard of them. Somehow they have my email address and mobile number. I will be reporting this as fraudulent activity.
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2023-03-14 18:22
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