CySEC adds Centage Premium to its warning list On June 21, 2024, the Cyprus Securities and Exchange Commission (CySEC) added Centage Premium to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=b119d5c1-2ea3-4501-b70e-ce36990d0712
Centage Premium
VisitRisk Level - High
Centage Premium
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that Centage Premium is an unregulated broker Centage Premium claims to be licensed by the Cyprus Securities and Exchange Commission (CySEC) and Seychelles Financial Services Authority (Seychelles FSA). However, the CySEC has added Centage Premium to its warning list, refuting its claim of being authorized by them. As for the Seychelles FSA authorization claim, there are no matching records from the authority to substantiate it.In essence, Centage Premium is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Centage Premium appears to be a scam.
BrokersView has identified that Centage Premium's website is currently offline BrokersView found that the domain "https://centagepremium.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
Is Centage Premium a legitimate trading platform Dear Investor, Thank you for reaching out to us. Centage Premium is not a legitimate trading platform. Centage Premium lies about its regulatory status, misusing licensing information of other entities that have no connection with it to appear legitimate. This is extremely shady. The Cyprus Securities and Exchange Commission (CySEC) has added Centage Premium to its warning list to alert investors about this unlicensed platform. Therefore, we strongly advise you to avoid using Centage Premium due to its fraudulent nature. For a safer trading environment and peace of mind, we recommend opting for fully regulated brokers instead. View Source
Is Centage Premium a legal platform? No, Centage Premium is not legit.Centage Premium purports to hold licenses from the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Services Authority (Seychelles FSA). Yet, CySEC has placed Centage Premium on its alert list, denying its claims of authorization. Additionally, there is a lack of evidence from the Seychelles FSA to support Centage Premium's licensing assertions.The indications are that Centage Premium might be a fraudulent operation. It is advisable to steer clear of Centage Premium to avoid fraud schemes. It is recommended to opt for fully regulated brokers. View Source
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