Cudrania Capital
We checked Cudrania Capital 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
Cudrania Capital claims to be an international pre-eminent online broker under Cudrania Group, which has operations centers in Dallas, Sydney, Singapore, Hong Kong, Dubai, and Kuala Lumpur. As per this information, we searched some regulatory bodies in the above countries or regions, including: 1) The Labuan Financial Services Authority (LFSA); 2) The Dubai Financial Services Authority (DFSA); 3) The US National Futures Association (NFA); 4) The Australian Securities & Investments Commission (ASIC); 5) The Hong Kong Securities And Futures Commission (HK SFC); 6) The Monetary Authority of Singapore (MAS). However, we did not find any match results to Cudrania Capital in LFSA, DFSA, ASIC, HK SFC, and MAS. Even though we did find a match result to Cudrania Capital in NFA, Cudrania Capital is still not overseen by NFA as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a "retail forex exchange dealer." Cudrania Capital doesn't satisfy these conditions. The truth is, Cudrania Capital 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 Cudrania Capital.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.