Score
Ceres
New Zealand|5-10 years| http://www.ceresfx.com
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
New Zealand
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Ceres also viewed..
GTCFX
- 10-15 years |
- Regulated in United Kingdom |
- Straight Through Processing(STP) |
- MT4 Full License
MiTRADE
- 10-15 years |
- Regulated in Australia |
- Market Making(MM)
EC Markets
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
MultiBank Group
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Website
ceresfx.com
Server Location
Hong Kong
Website Domain Name
ceresfx.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2017-09-27
Server IP
154.209.114.241
Company Summary
Note: Ceress official site - http://www.Ceresfx.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
| Ceres Review Summary in 4 Points | |
| Founded | 5-10 years |
| Registered Country/Region | New Zealand |
| Regulation | Non-regulated |
| Customer Support | Email, QQ |
What is Ceres？
Ceres, fully known as Ceres Services Group Limited, is a global company based in New Zealand, offering financial services to traders across the globe. However, it's critical to underscore specific issues of concern. Ceres currently lacks valid regulatory oversight from recognized institutions, creating legitimate concerns about trading security. Its malfunctioning website is another significant issue that warrants serious attention.
In the following sections, we will delve into an in-depth exploration and explanation of this broker's features from various perspectives, providing clear and well-structured information. If this sparks your interest, we encourage you to keep reading. The article will round off with a concise summary, allowing you to quickly and effectively grasp the broker's key traits.
Pros & Cons
| Pros | Cons |
| • None | • Not regulated |
| • Inaccessible website | |
| • Lack of transparency | |
| • Limited customer support channels | |
| • Negative reviews from their clients |
Upon a detailed evaluation, it is evident that the broker Ceres Services Group Limited has no discernable advantages to be highlighted.
The primary drawback is its lack of regulatory oversight, which is a significant safety concern. Coupled with its inaccessible website, the transparency of this broker becomes highly questionable, undermining its credibility drastically. The broker also falls short in offering a variety of customer support channels to Email and QQ only, impeding their ability to respond effectively and promptly to customer queries or issues. In addition, negative reviews from its clients serve as another warning sign, accentuating the necessity for prospective traders to exercise caution. Therefore, the negatives far outweigh any conceivable positives, indicating necessary vigilance when considering this broker.
Is Ceres Safe or Scam？
When considering the safety of a brokerage like Ceres or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory sight: non-regulated status casts serious doubts regarding the security of trading with them. And, with their official website currently not being accessible, indications suggest possible discontinuation of their operations. These elements together escalate the potential risks involved when considering investments through this platform.
User feedback: The existence of seven reports related to scams and withdrawal issues on WikiFX should unequivocally be regarded as potential warning signs. It's essential for anyone considering initiating dealings with a broker or investment platform to carry out comprehensive research and meticulous evaluation to prevent making decisions they might later regret.
Security measures: So far we cannot find any security measures info on Internet for this broker.
In the end, deciding if you should engage in trading with Ceres is a subjective decision. It would be prudent to thoroughly assess the risks and advantages before coming to a conclusion.
User Exposure on WikiFX
The existence of seven reports related to scams and withdrawal issues with this broker, which are visibly available on our website on WikiFX, should undeniably serve as major red flags. We highly recommend all traders to thoroughly scrutinize all the available information before jeopardizing their hard-earned assets.
Designed to be a comprehensive database, our website helps traders in making well-informed decisions. If you happen to come across any fraudulent activities by brokers or become a victim of such situations, we strongly advise you to report these incidents through our 'Exposure' section. We highly appreciate your input. Our adept team is committed to handling these issues and will strive to find a resolution to these grave circumstances.
Customer Service
Customer service at Ceres is somewhat restrained, limited to only two channels of communication: email and QQ. This restricted access could potentially disrupt direct or varied forms of client communication and assistance requirements.
QQ: 2396559722.
Email: service@ceresfx.com.
Conclusion
Ceres, an online global firm located in New Zealand, claims to offer trading services to an international clientele. Despite this, its non-regulated status immediately raises red flags, since duly regulated brokers are required to adhere to specific financial guidelines to ensure their clients' security. Such a lack of regulation escalates potential risks for traders, making them more susceptible to scams.
The dysfunctional state of their website and the seven reports of scams and withdrawal issues on WikiFX further accentuate the lack of professionalism and disregard for details, which in turn cast doubts on the reliability of their service.
As such, anybody considering using Ceres as a trading option should exercise utmost caution and take some time in extensively researching other regulated alternatives that prioritize transparency, safety, and reliability.
Frequently Asked Questions (FAQs)
| Q 1: | Is Ceres regulated？ |
| A 1: | No. It has been verified that this broker currently has no valid regulation. |
| Q 2: | Is Ceres a good broker for beginners？ |
| A 2: | No. It is not a good choice for beginners. Not only because of its non-regulatory condition, but also because of the lack of transparency and reports of scams and unable to withdraw. |
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 7
Content you want to comment
Please enter...
Review 7
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
FX1419761748
Hong Kong
Himalayan anchor huang Lin fake galaxy securities analyst, to talk about the stock as shahuang pull customers into the group, a lot of drag in the group, lure customers to recommend customers black platform do foreign exchange, shout single, gold keke customer money, cheat money, fraud, please do not be deceived!
Exposure
2018-12-06
FX9079444452
Hong Kong
The scam platform incited retail investors again with the name of Galaxy Securities Company. Hu Jianxin changed his name to Hu Yimin. There are a lot of shills in the group. Investors should be careful. I am already a victim. Nothing can not be said to others.
Exposure
2018-12-02
FX1789317157
Hong Kong
Money was withdrawn but has not arrived for several months. The official website can not be logged in, and the customer service personnel and the account manager are out of touch. The following are the customer manager’s WeChat accounts. Everyone should not be deceived, the official website, www.ceresfx.com. Though the deposit is small only one hundred dollars more, if you don't let me to withdraw them, just tell me. Now they are all gone. My trading account 301360
Exposure
2018-11-06
FX1789317157
Hong Kong
It’s been months since I applied for a withdrawal. Their website is inaccessible now. All their people is missing. Don’t get yourself fooled. Their website is www.ceresfx.com/ Although I only have 100 or so dollars in it, I should be able to withdraw it. They are missing now. My account is 301360.
Exposure
2018-11-06
FX9079444452
Hong Kong
Yinhe Security denied the person.Those who trust him deserve losses.
Exposure
2018-11-01
FX9079444452
Hong Kong
What mechanical boss, Qiansheng, Zhonglin Science and Technology Lin Yongjie, crab boss. You can see those shills in each group. With the cover of service fee, they advised me to trade forex on the following platform. They gave order recommendations in the group, only reminding you the take-profit pip was normally at 100 pips. They would not inform you to stop loss, and until you suffered a forced liquidations. A forced liquidation is not the only problem. You won't be allowed to give up and withdraw the deposit. When they saw there was money in your balance, they will continue to cheat of your money. New investors should pay attention. The people in the group were shill, who traded with demo accounts. The advisers incited you to deposit money based on the gambler thought.
Exposure
2018-10-27
FX1609975446
Hong Kong
I deposited on July 11st and applied for the withdrawal in the end of July.Then I urged the customer service.The fund was deducted in September while it hasn’t been received yet.The customer service is out of contact.
Exposure
2018-10-10