CifraActive: customer reviews of the company’s performance in 2023.
**Customer Reviews of CifraActive’s Work in 2023**
CifraActive invites you to use their platform to earn on financial markets. According to their data, the company has been providing services since 1998 and has positive customer reviews. We conducted a comprehensive review to determine how accurate this is.
Main Data about CifraActive
According to the information provided, CifraActive has been operating for over 25 years, specializing in consultancy in stock trading. Starting its operations in Switzerland, the company currently offers its services in more than 70 countries worldwide. Major liquidity providers include large companies such as ICBC, CCB, HSBC, UBS, and others.
Despite the initial impression of the company, caution is important. Initial reviews about the broker are just starting to appear on both Russian and foreign forums. Our check revealed that the website cifraactive.com has been active since November 2023, indicating its relative novelty.
Users face issues regarding trading discipline and communication with customer support. CifraActive provided an invalid address in Bern and an unreachable email address.
Regulation and Licensing
We did not find a scan copy of the registration certificate and license on the CifraActive platform. However, it is worth noting that the company claims its Swiss roots, implying at least some approval in its home jurisdiction. A check through the FINMA database showed no such approval there.
Additionally, the Client Agreement states that the company operates under the laws of Saint Vincent and the Grenadines. However, the official website of the local regulator does not mention issuing licenses to financial institutions, casting doubt on the legitimacy of CifraActive’s operations.
By entrusting your funds to an illegal company, you risk falling victim to scammers. You may need the assistance of professional lawyers to recover your funds.
Trading Opportunities
CifraActive provides access to over 200 financial instruments, including major currencies, stocks, indices, metals, cryptocurrencies, and energy products. There is no demo account for practice; instead, after registration, users are prompted to select a tariff plan and start investing.
- 5 trading accounts with minimum entry thresholds ranging from $500 to $50,000,
- analytical and educational materials,
- personal analyst services in all tariffs except Mini,
- spreads from 0.6 points,
- zero commissions on deposits and withdrawals,
- leverage up to 1:100,
- welcome bonuses ranging from 50 to 150%,
- free training,
- some tariffs include the development of personal strategies and trading plans, real-time trading demonstrations, and other services.
Scammers use a proprietary web terminal to manipulate trades. According to reviews, the platform focuses solely on capital attraction, making fund withdrawals seemingly impossible.
Real Investors’ Reviews
CifraActive is a new scam, so reviews about it are just starting to surface. Many people may not be aware of the nature of the scam, making them vulnerable to fraudsters.
If you have experience with CifraActive, please leave your review to help others avoid financial pitfalls.
Fraud Scheme
CifraActive promises generous bonuses ranging from 50 to 150%, but does not disclose bonus turnover requirements. When attempting to withdraw funds, investors will encounter unrealistic conditions, potentially leading to the loss of their own funds.
Review Summary
By engaging with CifraActive, you expose your funds to risk. Scammers may not allow you to withdraw funds from their platform. Do not fall for deception and stay away from this company.