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CIDT

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has reviewed that CIDT is an Unregulated Forex Broker CIDT claims to be a reliable broker regulated by the New Zealand Financial Markets Authority (NZ FMA) under regulation number: 9429046160355. When we searched in NZ FMA, we found this broker is no longer under valid regulation by NZ FNA since it is deregistered. Besides, CIDT shows its office address is in Hong Kong. However, we did not find any match results to CIDT in the Hong Kong Securities And Futures Commission (HK SFC). The truth is CIDT is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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