Is CED Capital Ltd Legit or a Scam?
CED Capital Ltd is a scam broker, masquerading as a legitimate company. While it claims to be affiliated with a registered firm, the UK’s Financial Conduct Authority (FCA) has issued a warning against it, identifying it as a “clone firm” exploiting the reputation of another entity. This raises significant red flags and highlights its fraudulent nature.
Company Overview
Feature | Details |
Broker Status | Unregulated, Unlicensed |
Trading Scam | Active Forex Scam |
Known Websites | cedcapitalltd.com |
Blacklisted by | FCA |
Headquarters Country | Allegedly UK |
Foundation Year | 2022 |
Minimum Deposit | 1,000 EUR |
Maximum Leverage | 1:500 |
Demo Account | Not Available |
Accepts US Clients | No |
Services or Products
CED Capital Ltd claims to offer:
- Forex trading: Major currency pairs like EUR/USD and GBP/NOK.
- Commodities trading: Gold, silver, and corn.
- Indices trading: FTSE100, DAX30, and CAC40.
- Shares trading: CFDs on stocks like Amazon and Alibaba.
However, due to its unregulated nature and lack of transparency, the authenticity and reliability of these services cannot be verified.
If you have lost money to companies like Exprime, or Munro Financial Planners Limited; please report it to us on our report a scam form.
Trading Platform & Leverages
CED Capital Ltd only offers a web-based platform called WebTrader, lacking advanced features like those found in MT4, MT5, or cTrader. This raises concerns about its functionality and potential manipulation by the broker.
The offered leverage ranges from a risky 1:200 to an extremely dangerous 1:500, depending on the account type. Such high leverage amplifies losses and is not recommended for inexperienced traders, especially considering the unregulated nature of the platform.
Spreads and Cost of Trading
The company claims to offer spreads starting from 0.8 pips for the Starter account, but due to the absence of a demo account, this information cannot be independently verified. Similarly, commissions are advertised as “low” but without any specifics.
License and Regulations
CED Capital Ltd operates without any regulatory oversight. This makes it highly risky to invest with them, as your funds are not protected by any official body.
Legal Warning Against CED Capital Ltd
The Financial Conduct Authority (FCA) explicitly warns against CED Capital Ltd, highlighting its fraudulent activities. This official warning serves as strong evidence of the company’s untrustworthiness.
Deposit and Withdrawal Methods
CED Capital Ltd claims to process withdrawals within 5 business days, but the payment methods and potential fees remain unspecified. Client reviews suggest difficulties and potential blockages when attempting withdrawals.
CED Capital Ltd Pros and Cons
Pros | Cons |
None Identified | Unregulated, blacklisted by FCA, misleading information, limited trading platform, high leverage, unclear fees, potential withdrawal issues |
Why Dealing With An Unlicensed Broker Is Risky
Unregulated brokers like CED Capital Ltd pose significant risks, including:
- Loss of funds: With no regulatory oversight, there’s no guarantee you’ll get your money back, even if you’re entitled to it.
- Market manipulation: Unregulated platforms can manipulate prices and trading conditions to benefit themselves at your expense.
- No dispute resolution: If you encounter problems, there’s no impartial authority to help resolve them.
- Limited recourse in case of fraud: Without regulatory protection, recovering lost funds through legal means becomes significantly more difficult.
Client Feedback
Client reviews for CED Capital Ltd are overwhelmingly negative, highlighting difficulties with withdrawals, aggressive sales tactics, and potential manipulation. These reviews further solidify the concerns surrounding this broker.
How Can “ReviewsAdvice” Help You If You Get Scammed?
While “ReviewsAdvice” cannot directly recover lost funds, we can offer the following assistance:
- Raise awareness: By highlighting CED Capital Ltd’s fraudulent activities, we aim to warn potential victims and prevent future scams.
- Provide resources: We can guide you towards resources and authorities that can help you pursue legal action and potentially recover your funds.
- Offer support: We understand the emotional and financial toll of being scammed. We offer a listening ear and support to help you navigate this difficult situation.
We will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report to us today by the below form.
Get Your Money Back from Scammers.
Final Thought
CED Capital Ltd is a clear scam broker. Steer clear of them and avoid investing your hard-earned money in this dangerous and unregulated entity. Always choose reputable and licensed brokers for your trading activities to protect your financial interests and ensure a safe trading environment.
