简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Despite its growing popularity, investment in the currency market poses scam threats due to increasing numbers of non-regulated brokers.
While authorities keep cautioning investors to stay alert to fraud entities, investors also need to take due precaution to avoid falling prey to scam brokers like Raiffeisen Centrobank.
Raiffeisen Centrobank- Review
Raiffeisen Centrobank (https://www.centrobanc.com) was an offshore broker registered in the Marshall Islands (Company name: Sucaba Enterprise Ltd). But the registration has been annulled. The company has been around serving around since 2018. Besides claiming to be a traditional bank, the broker extends its services to the retail trading industry and lists multiple assets across various financial markets. While the broker doesn't offer any third-party trading platform, clients have the company's in-house proprietary trading platform at their disposal.
Is Raiffeisen Centrobank Regulated?
No, Raiffeisen Centrobank is neither registered nor regulated anywhere. The company hasn't listed any information on its official website about its regulatory status either.
Clients feedback
Raiffeisen Centrobank holds a poor reputation among investors. Like other scam entities, the broker receives critics amid withdrawal issues. Clients have also accused the company of delayed order executions and poor customer support.
What Makes Raiffeisen Centrobanka Scam Broker?
First, the broker's contact page does not include its address. That's a red flag of fraud or a low-quality broker. It might also discontinue providing traditional means of contact such as email, and phone.
In addition, the operator of the site, Sucaba Enterprise Ltd, has also been blacklisted by the Italian Securities and Exchange Commission (CONSOB) and the Austrian Financial Market Authority ( Austria FMA) for providing financial services without authorization.
How Scam Brokers Like Raiffeisen Centrobank Fool Around People?
Forex trading scams can adopt the same sales tactics as a legitimate broker or financial services organization. They sometimes pretend to be registered with a government body that has no authority over forex businesses, such as SVGFSA and IRI, etc.
When clients set up an account with such brokers, they start following them immediately and ask for a deposit. No matter how many times you refuse, they keep persuading you to fund your account and make false promises of unrealistic returns over a short period. However, you may see their true face once you make deposits. Besides never answering your phone calls or replying to your emails, they sometimes block access to your trading account.
What to do If I have deposited funds with Raiffeisen Centrobank?
The absence of regulations accompanying poor customer feedback makes the broker a high-risk investment firm. You should immediately place a withdrawal request with the company since you can't trust it with your hard-earned money.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
In the world of online trading, the promise of quick profits and seamless transactions often masks a darker reality. One of the most insidious tactics employed by fraudulent brokers is blocking withdrawals, that is a deliberate strategy designed to trap traders and investors into paying more money under false pretences.
Know the top online trading scams of 2025, from fake apps to pump-and-dump tricks. Simple tips to spot and avoid them, keeping your money safe in this easy guide.
A 43-year-old company auditor and subcontractor in Malaysia became the latest victim of an elaborate investment scam after losing RM1.29 million to a fraudulent scheme promoted via WhatsApp.
The U.S. March ISM Manufacturing PMI data shows that manufacturing has contracted for the first time, and investors should pay attention to future changes and impacts on the sector.