CTTIF – current review and feedback on the broker
CTTIF – Capital Trading Tools Investment Firm. As we can find on the website, it was established in 2017. It belongs to the corporation Restoration Financial Corp, which is a subsidiary of Belgredor Holding Limited. Want to find out more?
Belgredor Holding Limited
Let’s take a look at the “parent” company. The website lists the registration number as 2735564. There is little information about it online, except for confirmation of registration under this number. Currently, the site is unavailable after expiration on September 13, 2019. The domain is awaiting renewal or deletion actions. An interesting detail: Belgredor was registered on August 17, 2018, which means the site existed before the company. Amazing!
Restoration Financial Corp.
Let’s talk about the subsidiary structure. There is practically no information about it online, except for a certificate posted on the CTTIF website. From the document, it is known that they hold a license from Saint Vincent and the Grenadines (offshore zone).
Don’t expect more detailed information. There are only contact details, no news or social media activity, except for a phone number and email. The information states the company was registered on August 29, 2014, making it older than the “mother” company. A very strange situation.
Website Appearance
The website design leaves much to be desired. Perhaps scammers had limitations in initial capital, as it looks minimal. Although the site has a Russian version, it’s not without flaws. Information blocks and buttons in English are present. There is also a non-Russian section. The English version lacks a news tab.
The “Promotions” section offers information on various promotions, but it’s quite scarce and abstract. Online support is available but not in real-time. Reviews can only be submitted in English. Overall, the site loads quickly and functions stably.
Licensing
CTTIF lacks licensing and regulation due to offshore operations. The license is issued by an organization not related to brokers. This is due to the lack of protection from financial risks. Although CTTIF calls itself an “international business company,” there is no information about offices in other countries.
Trading Opportunities
The trading platform is MetaTrader 5 (MT5). Trading is offered in currency pairs, contracts for difference of stock indices, commodities, and securities. There is no option to trade cryptocurrency. The leverage ranges from 1:50 to 1:400.
The informational resource does not specify the minimum deposit amount. The leverage is lower than some competitors offering 1:50 to 1:1000.
Registration on the Platform
You need to provide your name, surname, email address, and phone number. It’s clear what this leads to.
Fraud Scheme
A standard scheme, typical for such projects. They promise quick profits without mentioning risks. Managers advise depositing a few hundred dollars to recover lost deposits. There are no risk warnings. Money is directed to personal accounts and not withdrawn to the exchange.
Reviews
Negative reviews of CTTIF are at 99%. Positive reviews may be fake. We recommend paying attention.
General Conclusions
CTTIF’s activities are not regulated, the license is fictitious. Legal aspects raise doubts. Only trading conditions are praised, but it’s questionable due to fake quotes and inability to withdraw funds.
CTTIF is referred to as a typical “kitchen.” “Experts” promise easy earnings, hiding risks. The deception can be confirmed after the first trades. Regardless of circumstances, clients will be blamed. Remember: protect your finances!
My experience with CTTIF broker was highly disappointing. The lack of transparency and professionalism was alarming. Support service is practically non-existent and my many attempts to get in touch with them went unnoticed. Their platform also demonstrated inconsistency with significant data lagging and delays. High fees and hidden charges are another setback that makes me regret choosing CTTIF. My trading experience was marred with multiple glitches and lack of useful features. I found it increasingly hard to navigate through their complicated and non-user-friendly interface. I wouldn’t recommend CTTIF to anyone seeking a reliable trading platform.