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CIFT

Operating status: Unregulated

Website: https://cift.io/

High-Risk Active

Broker violations and abnormal records

Sep 04, 2023 BrokersView has Reviewed that CIFT is an Unregulated Broker

There is no any regulatory information on its website. The truth is that CIFT 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, CIFT is a scam.

There is no any regulatory information on its website. The truth is that CIFT 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, CIFT is a scam.

There is no any regulatory information on its website. The truth is that CIFT 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, CIFT is a scam.

Related Complaints

Q&A

Is CIFT a licensed broker?

Kumar Kingsley

Seychelles

Oct 11, 2023

ANSWER No, CIFT is not a licensed broker.CIFT's website is simple and doesn't disclose any information about its operator and regulatory status. This lack of transparency is a significant scam indicator because legitimate brokers always prominently display their accreditation and licenses. They should be upfront about their legal forms. Furthermore, its domain "cift.io" was first registered in July 2023, and it is nearly impossible for a 3-month-old platform to successfully apply for a certificate in forex trading.Therefore, CIFT is an unlicensed broker that poses substantial risks of fraud and identity theft. Entrusting this broker with funds and personal information is dangerous due to the lack of regulation. To mitigate such risks, we strongly suggest investors stay away from CIFT and choose a fully regulated broker instead.

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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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