Caeser Trade Review Scam Complaint
Caeser Trade Review – An Introduction
Caeser Trade is an offshore broker and your money is not safe with them. Caeser Trade has been founded in 2012 and offers forex and CFD trading services to its clients. According to the information provided on its website, the broker also offers Binary Options trading on the very popular Meta Trader4 platform. The broker is owned and operated by Caeser Trade International Ltd, the company based in Seychelles. The broker has got several of suspicious points, so before investing with them go through the detailed review about the broker given below.
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About the Caeser Trade:
Caeser Trade is an unregulated broker that offers its clients a single account type for trading named ‘Standard’ with variable spreads. The tradable lot the broker offers includes micro tradable lots and leverage of up to 1:500. The broker also provides account management services to its clients. The owner company of the broker, Caeser Trade International, claims to be registered as financial services provider under FSPL. FSPL is an Independent Company, not authorized, and that issues registration for Financial Service Providers based on its own internal criteria. It is not a real financial regulator and is not affiliated with any government. When its demo account is considered, it provides a link on its website to download MT4 platform and when you will click on the link you will be directed to MT5 platform and the name of the company that appears there is Halifex Investment Services Pty. Ltd.
The broker will send you an email when you register it with demo account. In that email it will send you a link to download MT4 platform and when you will click on that link, you will indeed get transferred to MT4 platform, but the company name that you would see there is another some new name, TFB Ltd, what more worse is the name of company in the email is yet another one, CTFC Ltd. The broker Caeser Trade offers only one payment mode that is credit card.
Is Caeser Trade legit or scam?
Caeser Trade is without any doubt a scam broker as three of the FPA Traders court has found Caeser Trade guilty for the cases of scam against it. The broker uses more than three company names behind its different services and is not regulated despite of its claim. Therefore, all this information is enough to know the intentions of the broker and hence we recommend the traders to avoid trading with this broker.