CaesarTrade Review by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about the broker is in this CaesarTrade Review.
CaesarTrade offers its clients a single live account type with variable spreads, micro tradeable lots and leverage up to 1:500. Besides, it provides account management services.
The Company. Security of Funds
Caesar Trade International Limited (?)
According to the information on its website, CaesarTrade operates since 2012 and offers trading in Forex, CFDs, and Binary Options on the MetaTrader 4 platform.
The company behind the brand, Caesar Trade International Limited, is based in the Seychelles and is registered as a Financial Services Provider and for dispute resolution under FSPL. FSPL is an Independent Company that issues registration for Financial Service Providers based on internal criteria. It is not a real financial regulator and is not affiliated with any government.
We decided to test the services of this broker via demo account and were rather unpleasantly surprised: the link on CaesarTrade website for downloading the MetaTrader 4 resulted in downloading the MT5 and the name of the company appeared to be Halifax Investment Services Pty. Ltd. Then, we downloaded the MT4 through the link provided in the broker’s email and it was indeed MT4, however the name of the company was again a surprise: TFB limited. What is more, the email contains yet another company name – CTFC Ltd. Quite confusing, right?
Besides, when we checked this brokerage in the famous forex forum forexpeacearmy, we found out that there are there FPA Traders Court guilty verdicts against CaesarTrade, and accordingly it is deemed as a scam.
Considering the above said, whatever the trading conditions offered by this broker and whatever the name of the company behind the brand CaesarTrade, we do not recommend doing business with it. You’d better select a broker with decent regulation, such as those licensed by the UK’s FCA or Australia’s ASIC, for example.
Like most brokers, this one also supports the MetaTrader 4 (MT4) platform, available as PC and mobile downloadable versions.
Methods of Payment
CaesarTrade offers its clients only credit cards as a payment method.
CaesarTrade Review Conclusion
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