Century Financial

Century Financial Review Summary
Founded	1989
Registered Country/Region	United Arab Emirates
Regulation	SCA (Exceeded)
Market Instruments	Shares, indices, commodities, treasures, ETFs and Currencies
Demo Account	Available
Trading Platforms	Century Traders, TradeRoom, MT5, CQG, TWS and Qualifier
Minimum Deposit	N/A
Customer Support	24 hours a day, 5 days a week, from Monday 12:00 AM to Saturday 1:00 AM (UAE time) Phone, email, live chat, online messaging

What is Century Financial？

Found in 1989, Century Financial has been a prominent financial service company in the UAE for over three decades, aiming to simplify and facilitate investing in global financial markets for both local and expatriate clients. With a focus on delivering exceptional client services and a wide range of trading instruments across various asset classes, Century Financial has established itself as a leading provider in the industry. However, the license SCA has been exceeded.

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros	Cons
A range of trading instruments	SCA (Exceeded)
Demo accounts available	Regional restrictions
Fund Protection Measures provided
Multi-channel support to contact

Pros:

- Range of trading instruments: Century Financial offers a variety of trading instruments, providing investors with options to diversify their portfolios.

- Demo accounts available: The availability of demo accounts allows potential clients to practice trading and familiarize themselves with the platform before investing real money.

- Fund protection measures provided: Century Financial claims to offer fund protection measures, including insurance coverage in case of insolvency, which can provide a level of security for clients' funds.

- Multi-channel support: Century Financial provides multiple channels for contacting customer support, enhancing accessibility and convenience for clients.

Cons:

- SCA compliance: It has been noted that Century Financial exceeds the business scope regulated by the Securities and Commodities Authority (SCA). This raises concerns about their adherence to regulatory guidelines, potentially exposing investors to greater risks.

- Regional restrictions: It is not available for anybody residing outside UAE or where such use would violate local laws or regulations.

Is Century Financial Safe or Scam？

It claims provides a range of fund protection measures. Century Financial offers Instant Coverage at no additional cost to its clients, providing insurance protection coverage of up to US$2,000,000 in the event of insolvency. This insurance policy protects clients cash, all CFD positions, and securities, with the exception of actual trading losses. Eligibility for this protection includes accounts opened in Century Trader and Century TradeRoom.

However, this broker exceeds the business scope regulated by the Securities and Commodities Authority (SCA) (license number: 301044) Investment Advisory Licence Non-Forex License. If you are considering investing with Century Financial, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Market Instruments

Century Financial offers a diverse range of trading instruments across multiple asset classes, providing traders with a wide variety of options to suit their investment preferences.

- Currencies: Century Financial allows traders to trade in multiple currencies, including majors such as the US dollar, Euro, British Pound Sterling, and Japanese Yen, as well as minors and exotic currencies.

- Shares: Century Financial provides traders with the opportunity to invest in individual company stocks across various industries and sectors, including healthcare, technology, finance, and others.

- Commodities: Century Financial provides access to commodities trading, such as gold, silver, crude oil, and others, which can provide an excellent opportunity for traders to diversify their portfolio.

- Indices: Century Financial offers access to global indices such as Dow Jones, S&P 500, Nikkei 225, and others, allowing traders to invest in the overall market performance of a particular country or industry.

- Treasuries: Century Financial provides traders with the opportunity to trade treasuries, which are government bonds issued by countries such as the US, UK, and Japan.

- CFDs: Century Financial offers access to leveraged contracts for difference (CFDs) on multiple asset classes, including shares, commodities, currencies, and indices.

- ETPs: Century Financial offers trading in Exchange-Traded Products (ETPs), which track the performance of a specific underlying asset or index, providing traders with the opportunity to diversify their portfolio.

Accounts

Century Financial offers live trading accounts and demo accounts.

• Live Account:

- Instant access to over 40,000 products, including currencies, indices, shares, and commodities.

- Competitive margins and spreads.

- Automated execution with no dealer intervention.

- Suitable for beginner traders looking to start their trading journey with a lower initial investment.

• Demo Account:

In addition to the live trading accounts, Century Financial also provides demo accounts. These demo accounts allow traders to practice trading strategies and explore the platform's features without risking real money. It's a great way for beginners to learn and for experienced traders to test new strategies.

Trading Platforms

Century Financial offers a range of trading platforms to cater to the diverse needs of its clients.

- Century Trader:

Century Trader is a proprietary trading platform developed by Century Financial. It offers a user-friendly interface and is suitable for both beginners and experienced traders. With Century Trader, clients can access a wide range of financial instruments, including currencies, indices, shares, and commodities. The platform provides real-time market data, advanced charting capabilities, and various order types to execute trades efficiently.

TradeRoom is another trading platform offered by Century Financial. It is a web-based platform that can be accessed from any internet-enabled device without the need to download or install any software. TradeRoom provides a range of powerful trading tools and features, including real-time market quotes, customizable watchlists, advanced charting options, and order management tools. It also offers a user-friendly interface and allows for seamless execution and monitoring of trades.

- MT5 (MetaTrader 5):

MetaTrader 5 (MT5) is a popular trading platform in the financial industry. Century Financial provides access to MT5, which is known for its advanced features and flexibility. MT5 offers an extensive range of technical indicators, analytical tools, and trading robots (Expert Advisors) for automated trading. It supports various order types, provides real-time market data, and allows traders to execute trades across multiple asset classes.

- CQG:

Century Financial offers access to CQG, a professional trading platform widely used by institutional and professional traders. CQG provides advanced charting and analysis tools, real-time market data, and customizable trading features. It also offers options for algorithmic trading, spread trading, and historical data analysis. CQG is known for its robustness, reliability, and powerful trading capabilities.

- TWS (Trader Workstation):

Trader Workstation (TWS) is a trading platform offered by Interactive Brokers. Century Financial provides access to TWS, which is a comprehensive and sophisticated platform suitable for active traders. TWS offers advanced order management tools, customizable market scanners, real-time streaming quotes, and access to a wide range of markets and asset classes. It is highly customizable and allows traders to create personalized trading layouts and strategies.

- Quantifier:

Quantifier is a trading platform designed for quantitative traders and algorithmic trading. It provides access to historical market data, advanced analytics, and backtesting tools to develop and optimize trading strategies. Quantifier supports various programming languages, enabling traders to implement their own trading algorithms and models. It is suitable for traders seeking more advanced quantitative analysis and automated trading capabilities.

Customer Service

Century Financial offers live chat. With live chat, customers can get their questions answered quickly and receive help with any issues they may have. It's a convenient and effective communication channel that can improve customer satisfaction and increase sales.

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +971 (4) 356 2800

Email: info@century.ae (24 hours a day, 5 days a week, from Monday 12:00 AM to Saturday 1:00 AM (UAE time))

Address: 6th Floor, Building 4, Emaar Square, Downtown, Dubai P.O. Box 65777, Dubai, United Arab Emirates

Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram, YouTube, TikTok and Linkedin.

Century Financial provides a messaging feature on their trading platform, enabling users to communicate directly with customer support or fellow traders. This online messaging tool offers real-time assistance and facilitates discussions, making it a convenient and interactive way to seek help or engage with other traders.

Conclusion

In conclusion, Century Financial is a financial service company. It offers a diverse range of products and service. Century Financial prioritizes the safety of its clients' investments and provides insurance protection coverage in case of insolvency. With a strong focus on client satisfaction, Century Financial strives to deliver a superior investing experience.

However, its license SCA has been exceeded. Therefore, traders should verify the regulatory status of Century Financial or any broker they choose to work with to ensure compliance with industry standards and regulatory requirements.

Frequently Asked Questions (FAQs)

Q 1:	Is Century Financial regulated？
A 1:	No. It has been verified that this broker currently has no valid regulation.

Q 2:	How can I contact the customer support team at Century Financial？
A 2:	You can contact via +971 (4) 356 2800 and email: info@century.ae, Twitter, Facebook, Instagram, YouTube, TikTok and Linkedin.

Q 3:	Does Century Financial offer demo accounts？
A 3:	Yes.

Q 4:	Does Century Financial offer the industry leading MT4 & MT5？
A 4:	Yes. It offers MT5 and other platforms.

Q 5:	Does Century Financial have any regional restrictions？
A 5:	Yes. It is not available for anybody residing outside UAE or where such use would violate local laws or regulations.

Risk Warning

Online trading carries substantial risk, and it's possible to lose all of your invested capital. It can not be appropriate for all traders or investors, so it's crucial to fully comprehend the risks involved. Additionally, the information presented in this review can change as the company updates its policies and services, and the date when this review was created is also important to consider. As a result, it's recommended that readers always check the latest information directly with the company before making any decisions. The reader is responsible for using the information provided in this review.