CFDs 100 are currently owned by CCLR Solutions Limited, 4 Parda St, Downtown District, Harju County, Tallinn, 10151, Estonia.
The previous parent company was TRSystem Ltd. In the United Kingdom, their phone number is +442039667937. Withdrawals should be sent to firstname.lastname@example.org. The official website is https://CFDs100.com/. We notice that the new broker CFDs100 uses the TraderSoft CFD trading platform when we look at their website.
The underlying assets available for trading included hundreds of stocks, cryptocurrencies, forex pairs, commodities, and market indexes. You can use their web-based trading platform or download the MT4 programme to trade. There were no mobile apps available at the time of this review. To open a new trading account, a $250 minimum deposit is required.
Their website is available in English, Russian, Italian, and German, among other languages. You will be charged a fee if you do not verify your account within 30 days of opening it or if it is not active for 30 days.
License and Regulation
Customers have been defrauded by a number of unregulated brokers, including Cfds100. Fund recovery experts can help scam broker victims fight back and get their money back from scam brokers.
Cfds100 has been accused of being a scam broker, so we do not recommend trading with them. If you are currently trading with them, you should immediately withdraw your funds. In addition, the Estonian Financial Supervision Authority issued a warning to the company in August 2018.
The United Kingdom’s Financial Conduct Authority has also placed the brokerage on a blacklist. The Austrian Financial Markets Authority (FMA) recently issued the following warning about CFDs100 (CCLR Solutions Limited):
“CFDS100 LTD (CCLR Solutions Limited) is not permitted to provide banking or investment services in Austria that require a license.” As a result, the provider is unable to engage in commercial trading on its own or on behalf of others, or to provide financial advice.” According to the terms and conditions, CFDs100 is also subject to Vanuatu’s jurisdiction.
Vanuatu is well known for its lack of rules and regulations. It does not regulate forex trading and charges a low setup fee. As a result, it has become a haven for shady forex traders. This Forex and cryptocurrency trading platform’s owner is unknown. The issue of ownership remains unsolved, which is a major concern for us.
How can they expect us to put our faith in a platform whose owner we have never met? Terrorists could use it as a ruse to extort money from people all over the world. How can anyone expect to put money in a bank account with someone they don’t know? They could have at the very least given us the developer’s name. Because of their anonymity, scams like CFDS100 thrive.
The fact that we are unable to contact them makes these con artists feel powerless. It also implies that you wouldn’t be able to track them down if they stole your money. It’s best to contact the platform’s operator when you’re ready to make a deposit.
CFDS100 is not a trustworthy brokerage firm because we have no idea who founded it. CFDS100 is not regulated by any regulatory body on the planet. We discovered that the Cfds100 had not been registered with FCA or CySEC. Unfortunately, cfds100 is not registered with any of these regulatory bodies.
It only adds to our belief that this website is nothing more than a pyramid scheme. The best course of action is to stay away from it as much as possible. Nobody should be able to take advantage of unsuspecting Forex traders.
You’re putting money into an unregistered and unlicensed business because CFDs100 isn’t registered under any company. This brokerage firm has been requested to be investigated and closed down by the appropriate authorities. The CFDS100 is a complete waste of money.
Making a deposit with CFDs 100 is extremely simple. Members can make a deposit in less than five minutes. This is made possible by the various deposit options available. Money can be deposited using a variety of methods, including Comodo, Bitcoin, AstroPay, Visa, and others. It provides a large number of depository options for these con artists to choose from when people want to deposit money.
So, why are we having issues with CFDS100? When it comes to withdrawing, it’s a real pain in the neck. No one should have to go through what others have gone through when withdrawing with CFDS100. No one has claimed that CFDS100 was the cause of their withdrawal.
Everything appears to be a ruse to get money into the owners’ personal accounts. CFDs 100 is doing this because, as previously stated, it is not regulated or licensed.
CFDs100 is an unregulated Estonian broker that doesn’t provide much information about its trading conditions or the company behind it. It’s unclear whether it really does offer the MT4 platform or if it’s just a marketing gimmick.
CFDs100 is also the subject of a regulatory notice, and we discovered some negative user reviews. Rather than squandering your time and money with CFDs100, you should use a reputable and regulated broker. A broker must pay for regulated licenses in order to offer to trade. CFDS100 does not pay licensing fees, but it does provide illegal trading services.
You must first obtain a regulatory license from the country in which you wish to establish your business before you can offer to trade. You are breaking the law and committing fraud if you provide trade without a license. Brokers who do not have regulated licenses, such as CFDS100, will not refund your money because they are outlaws.
The company CFDS100 is based in a country where trading regulations are lax. Countries like the Marshall Islands, Vanuatu, Seychelles, Saint Vincent and the Grenadines, Bermuda, and Estonia are thought to be hotbeds of bogus brokers due to their weak legislation. The FCA (UK) and FMA have issued a public warning for CFDS100 (Austria). He has provided trading services in a country where he does not have a regulated license. If a broker receives a public warning, it’s a scam.
Because con artists will lie to get you to deposit the most money, it’s critical to always check a broker’s license. If you deposit money and are then asked to pay a fee to withdraw it, you should decline because you will be giving them more money. Everyone wants a reliable and trustworthy forex broker, but not everyone is fortunate enough to find one.
From CFDS100.com scams to withdrawal issues, there are hundreds of reasons why you might regret hiring a fraud broker. Concerns about withdrawal are the most concerning because they cause the most frustration. Due to a lack of understanding of foreign currency trading, you may not know how to withdraw.
If a broker makes it difficult for traders to fund withdrawals, you should avoid using them. With a legitimate and safe broker, withdrawals will always be smooth. The trader’s experience aids him in locating a reliable and secure broker. This means that traders must research various websites and blogs about the best brokers before deciding on one.
They must consider a variety of factors, including service quality, security, withdrawal concerns, and so on. A trusted broker’s reliability can never be questioned because they come from a reliable source. As a result, in order to avoid broker scams, you must exercise extreme caution when choosing a broker.
The majority of traders have issues with CFDS100.com withdrawals. However, I have yet to come across a reputable broker who is having withdrawal issues. It’s unsettling to think that a legitimate and safe broker might be concerned about withdrawals, but they aren’t. A competent broker will never make your trading life difficult as long as they are operating properly.
Reading online reviews is an important part of determining whether or not the company you’re considering is trustworthy and reliable. You can use Google, Yahoo, or Bing to conduct a number of keyword searches to see what other people have to say about the broker you want to use for Forex trading.
It doesn’t mean anything if a broker has only a few reviews, all of which are positive. To be confident that the broker is legitimate and safe to trade Forex with, you must read multiple reviews, compare everything, and see what other people have to say about them.
No, CFDs100 trading is not risk-free. It is owned and operated by CCLR Solutions Limited, which claims to be based in Tallinn, Estonia.
Consumers all over the world can invest in over 1,000 high-quality assets, such as Forex, equities, commodities, indices, and cryptocurrencies, through CFDs100. According to the website, the company is registered in Estonia under the Companies Law and has its registered office in Tallinn.
In contrast, the broker is not allowed to provide financial services in Estonia or any other EU country. According to FSMA Belgium, which issued a warning on February 19, 2019, this company is a hoax. The victims of these phony CFDs, cryptocurrency, and forex trading websites have no one to blame but themselves.
The webpage appears to be visually appealing at first glance. No one can see that this is one of the biggest con jobs in the world. It’s no surprise that millions have been duped due to the numerous claims about the user-friendly design. Your money is not safe when dealing with CFDs 100. It is undeniable that CFDs 100 does not separate accounts.
It denotes that all users have access to the same account, which is not divided. Without realizing it, we could be depositing funds into the owner’s personal account. It is unethical for novice traders to be the victims of a shady broker. At all times, funds should be segregated, which CFDS 100 does not do.
Money safety cannot be guaranteed because CFDS100 does not participate in a compensation programme. This means that if the brokerage firm goes out of business, members will not receive a refund. Hire no one who claims to be able to assist you in recovering your funds. They are also contributing to the problem. If you lose money, a reputable Forex broker should be able to compensate you.
CFDS100 is nothing more than a ruse designed to defraud you of your money. Ignoring all incoming emails and promotional materials is the best course of action. Never trust a broker who isn’t regulated or licenced and makes wild promises. To be honest, we’re dealing with a brokerage firm that is only concerned with attracting as many customers as possible. If you use this brokerage service, you will lose all of your money.
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