Ctrust Brokerage Company Review: Integrity Check, Reviews
**Review of the Ctrust Brokerage Company: Fairness Check, Reviews**
Trading Contracts for Difference (CFDs) always involves high risks, as experienced traders often mention in their reviews. However, it is important to distinguish between losses related to market fluctuations and one’s own actions and losses related to dishonest intermediaries. In this review, we will look at the company Ctrust, which claims to be a well-known and successful company. In reality, it has no reviews on the Internet, indicating a short existence in the market and unfounded claims by the creators of the ctrust.co project. Find out why you should be cautious with this CFD broker.
Review of Information about the Ctrust Parent Company
For beginners, it may be difficult to immediately determine that Ctrust is a suspicious project. The creators of this scam site have experience and skill in attracting users.
Looking at the Ctrust website, you can see that it looks like many other fraudulent projects. The content presented on the website lacks clarity. According to the information on the site, the CFD broker is managed by the Cypriot company Ctrust Limited, operating since 2017. The site even lists an address: II Selim Cad., 50, Lefkosia, Cyprus. Interestingly, this address belongs to a local hotel. So, a large and well-known broker operates from cheap hotel rooms? What trust can there be in such a situation?
The creators continue their deceitful campaign at every turn. For example, they claim that their company is recognized in Europe and has grateful reviews from traders in different countries. However, in preparing the review, we could not find a single positive comment on Russian or English forums. Ctrust’s claims of having three licenses also raise doubts:
- Cyprus Securities and Exchange Commission (document number – 224/56),
- International Financial Services Commission (document number – 61/332/HP/65),
- Financial Services Commission of Mauritius (document number – C809423223).
None of the listed regulators has even heard of Ctrust, let alone issued a brokerage license. This broker does not appear in the registers of the mentioned commissions. It turns out that the company operates illegally and tries to hide it. Considering the lack of reviews on the Internet, the creators of Ctrust can deceive many naive traders before the truth becomes known.
We also checked the domain ctrust.co to determine the actual duration of the fake broker’s presence in the market. It turned out that the site was registered in April 2016 but belonged to a Toronto-based cybersecurity company until recently. Based on our experience in preparing reviews, we noticed that scammers often buy old domain names to artificially increase their experience. Ctrust used a similar tactic.
There are no reviews about the support service of this suspicious company, as well as about general cooperation with it. We doubt that Ctrust managers will help you achieve success. It is unclear why a British number is provided for contact: +44 (0) 267 11 097 0. We tried calling it, but unsuccessfully. Obviously, it was provided to create an illusion.
There is also an email address – support@ctrust.co, which scammers use to collect personal information about potential victims. Contacting Ctrust intermediaries once can lead to negative consequences. You will either have to endure their spam or create a new email address.
As for legal documents (client agreement, terms of service, privacy policy), access to them is only possible after registering on the Ctrust website. Such secrecy is a clear sign of dishonesty. A reputable company provides potential clients with the opportunity to familiarize themselves with the terms of cooperation in advance to understand the rights and obligations of all parties. Scammers ignore the interests of traders; they are only interested in money, which they want to get as quickly as possible.
How to Register on the Ctrust Platform?
For scammers from Ctrust, time is valuable, so they have simplified the registration procedure as much as possible. To create an account, you only need to fill out an electronic form and deposit funds.
When registering, you need to provide the following personal information:
- first and last name,
- email address,
- password for accessing the account,
- phone number,
- promo code if you are invited as part of a referral program.
Please note that links to the user agreement and refund policy are listed in small print below the registration form. It is recommended to familiarize yourself with these documents to understand that nothing good can be expected from cooperation with Ctrust:
- point 1.2 – the company reserves the right to deny access to the platform to any person if cooperation with them becomes unprofitable,
- point 11.5 – the company is not obliged to execute orders at the price specified by the trader; orders will only be closed if it benefits Ctrust,
- point 16.3 – force majeure circumstances have become a common trick for many scammers. Ctrust will find a reason not to be liable,
- point 17.3 – at any time, Ctrust can reset your account.
Detailed Review of Ctrust Trading Conditions
The creators of the scam project claim that Ctrust is not just a CFD broker. We fully agree on this. This company has nothing to do with brokerage activities. They are just scammers looking to make a profit. For example, the minimum deposit on the platform is $5,000! We did not find a comprehensive review of the trading conditions on the fake intermediary’s website. We only found out that there is no demo account, and information about real accounts is insufficient:
- Micro. Minimum deposit – $5,000. Leverage is 1:20. Instant trade execution is also promised,
- Standard. The starting deposit is 10 times larger than for Micro. Investing in PAMM accounts and trading metals, cryptocurrencies is allowed. Leverage – 1:100, no swaps,
- Ultra Premium. A minimum of $200,000 is required to open an account. Leverage – 1:500, available assistance from a personal manager, deposit insurance, trading in indices and ETFs, and opening a personal PAMM account. There are no swaps, as for Standard.
It is difficult to understand who the creators of Ctrust are targeting, as professionals will not accept such conditions, and novices will not be able to afford the large sums required by this fraudulent company.
Reviews from Real Ctrust Clients
During the review writing, it became known that Ctrust lies about its brokerage activities, market longevity. The absence of reviews indicates that scammers are trying to create an illusion of a flawless reputation.
We will continue to monitor the situation and publish reviews from real clients immediately after they appear.
Scam Scheme Used in Ctrust
The Ctrust scammer simply manipulates traders’ trust and actively develops its affiliate program, promising generous rewards for attracting new clients. There are plenty of people willing to earn easy money, so soon we can expect a multitude of reviews from deceived clients.
Scammers operate on a simple scheme: they convince that the risks of trading CFDs are minimal, promise support from experienced analysts and managers to achieve financial success. When the user loses their deposit, their account will be blocked. It is useless to prove your point. According to our review, the company is fake and lacks legal documents.
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Summary of the Ctrust Review
Forget about the existence of a broker called Ctrust! The review showed that this is another deception. The project was created with the sole purpose of deceiving as many people as possible before the company is engulfed in a wave of negative reviews. Ctrust has all the signs of deception, so contacting it is extremely risky.
I am deeply dissatisfied with CTrust Brokerage Company’s work due to their lack of professionalism, poor communication, and investment advice yielding unsatisfactory results.