We are here to warn our fellow traders about the dangers of CenturyOneTrust (CenturyOneTrust.com), a recently launched Forex broker that is already showing signs of being a scam operation. In this post, we will dive into the reasons why you should steer clear of this broker and provide guidance on how to avoid falling into similar traps in the future.
Why Is This Broker a Scam?
Several red flags indicate that CenturyOneTrust is not a broker to be trusted:
- Domain Registration Date: A quick check on Whois reveals that the domain, CenturyOneTrust.com, was created very recently, on 2024-06-05. Scam brokers often have short life spans, operating for a few months before disappearing with their clients' funds.
- Scam Adviser Score: Running the website through Scam Adviser yields a worrying result - a score of just 1/100. This indicates a high risk of potential fraud and reinforces the notion that this broker cannot be trusted.
We Can Help You Return Your Money
If you have already fallen victim to CenturyOneTrust and invested money with them, don't despair. Our team has experience dealing with scam brokers, and we may be able to assist you in recovering your funds. Reach out to us via the forum or our dedicated email address, and we will guide you through the necessary steps.
If you have been scammed, send us an e-mail to [email protected] and we will help you return your moneyWhat Should You Do to Avoid Such Brokers?
To protect yourself from unscrupulous brokers like CenturyOneTrust, here are some key steps to follow:
- Check Domain Age: Always verify the age of the broker's domain. Newly created websites with little to no online history should be treated with caution.
- Research Reputation: Look for reviews and feedback from other traders on reputable forums like this one. Scam brokers often have a trail of negative reviews or no online presence at all.
- Regulation and Licensing: Ensure the broker is regulated and licensed by a reputable financial authority. Unregulated brokers operate outside the law and offer little to no protection for your funds.
- Demo Accounts: Test the broker's platform with a demo account first. Reputable brokers will encourage you to try their platform risk-free before investing real money.
By following these simple steps, you can significantly reduce the risk of falling victim to scam brokers. Remember, knowledge is power, and by staying informed, you can trade safely and securely.
We hope this post has been informative and will help keep your funds safe. Feel free to share your thoughts and experiences with CenturyOneTrust or any other suspicious brokers in the replies below. Together, we can expose and avoid unscrupulous players in the Forex market.