CentreForex
We checked CentreForex against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
CentreForex claims it was started out in 2000 as a new broker with efficient and well regulated broker. But when we checked its domain, we found it was created in 2009. So how could it start its business in 2000? It is a red flag here. Besides, CentreForex claims to be regulated while presenting no details about its regulations. CentreForex only claims it providing services in the cities of Sharjah, Abu Dhabi, Dubai, Al Ain and Ajman. According to this information, we searched some regulatory authorities, including the Dubai Financial Services Authority (DFSA) and the Abu Dhabi Global Market (ADGM). However, there are no results matching this broker in the above watchdogs' registries. The truth is, CentreForex is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report CentreForex.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.