Central Margins Review – The Truth About Online Broker centralmargins.com

Central Margins is Not a Regulated or Scam Platform

Central Margins Trading Services LLC is the alleged owner. It is located in SVG. SVG is a popular choice for scammers when choosing a home. The laws are flexible and not too strict. One thing to keep in mind is that Forex trading is not regulated by SVG’s financial regulator.

Central Margins honest and lucid admission about its unauthorized status. It was even stated plainly by the phony: “Central Margins Trading Services LLC does not need to have any financial services license”.

Central Marings is an off-shore trading scam. The company is located in SVG, and does not have a valid trading license.

To be certain, we checked the websites for Tier 1 regulators like the FCA, CySEC and ASIC. You may have guessed that our con artist could not be found. You can rest assured that you aren’t falling for a scam by trusting a licensed broker.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

Central Margins Awards – Company Achievements

Illegal Broker claims that its platform has won numerous awards. But where are these awards and who gave them out? Any novice web developer can “draw” and insert any award into the interface. But you have to earn the awards and prove their real existence. A broker can’t do that.

What Do We Know About the Different Types of Central Margins Accounts?

We could not find any information about the account types of the broker. But we do know that the minimum deposit is $10,000. Let’s clarify it – TEN THOUSAND DOLLARS. No provider can demand that much money.

Just look at the types of accounts a Central Margins broker offers. Unfortunately, no specific benefits or advantages for the different account types are described by the broker. A screenshot from the website is attached below as proof.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – LTD FX, Buoystocks, Financial Gates.

As for the demo account, we didn’t find any way to try out the platform for free. It’s impossible to say for sure. There is a good chance that people will stop investing with scammers once they see the trading platform.

Scammers may try to trick you with high leverage, competitive spreads, or both. Central Margins claims to offer EUR/USD spreads in the 0.3 to 0.4 point range, which is pretty nice and low.

However, the leverage required to make this a major pair is unknown. Only 1:20 is a disclosed leverage for cryptocurrencies. This can lead to big losses in a volatile market, which is why regulators have set the limit at 1:2-1:5.

What Other Traders Say About the Central Margins

You can go to the independent forum Trustpilot on your own and see for yourself the low rating of the Central Margins. For clarity we attach a screenshot:

The victims’ reviews are so big that not everything will even fit into one screenshot. Of course, this is logical, because the victims are losing huge amounts of money. For the minimum deposit that the broker wants, you could buy a simple car or invest in a licensed broker and multiply. Take a look at one of the fraud victim’s comments:

Read reviews of the Central Margins, check their license and approvals before investing. Remember, you will likely lose everything if you are not overly vigilant.

Central Margins: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Central Margins. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Central Margins!