Is The Financial Centre a Legitimate or a Scam Broker?
The Financial Centre has a decent website, but that isn’t enough to make it legitimate. It has been flagged by the FCA or the Financial Conduct Authority of the UK. The Financial Centre has been called out by the FCA for many reasons–a lack of a license, misleading information and suspicious practices. It doesn’t provide any names or credentials of the people who run it. The Financial Centre is highly suspicious.
We Have Found Problems with The Financial Centre
After some digging, we discovered that The Financial Centre is located in St. Vincent and the Grenadines–an area that is notorious as a haven for unlicensed brokers. Also, its minimum deposit is unusually high and it also has high leverage which puts its customers at risk. There is a scam involving bonuses that makes it clear it isn’t regulated, since these practices aren’t allowed. Customers are offered bonuses, and yet they aren’t allowed to make withdrawals at all without a certain amount of trading. Clearly this broker just wants to take customers’ money.
These Classic Red Flags Indicate The Financial Centre May Be a Broker Scam
- No license
- No transparency
- Misleading claims
- Flagged by FCA
- Negative reviews
What You Should Do If You Have an Account with The Financial Centre
If you currently hold an account with The Financial Centre, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!