FinanceCentralLimited poses as an investment portal. At the time of publishing this blog post, the official website is down and regulatory authorities have issued warnings against this domain. Popular niche specific review sites have given them bad ratings.
Owing to the lack of information and the regulatory clarity along with the fact that they are not transparent, it is a no-brainer that they have high conflict of interest with their clients. Continue reading to know the logic behind our decision and why we encourage you to avoid them.
Identity and Transparency
Regardless of the nature of the platform, whenever money is involved, always find the full business name of the corporation and verify their background. FinanceCentralLimited doesn’t share any details about their whereabouts. However, as they are targeting retail investors and providing them with access to securities like instruments.
So, they are required to be regulated and during our initial search, we weren’t able to find them under any reputable authority. Long story short, they are bluffing about their intentions and the likelihood of them shutting down all of their operations are high.
Deposit and Withdrawal
While dealing with any entity in the online investment space, one should always be clear about the underlying deposit and withdrawal policies. Check the fees, time required and terms before pulling the trigger.
Remember, everything sounds enticing in the beginning, but unless you have verified the specifics, better to test them with small amounts. After all, the benefit of the doubt cannot be given to any firm when money is involved, right?
FinanceCentralLimited Red Flags
FinanceCentralLimited showcases boatloads of red flags. For starters, the creators of the platform and the management are anonymous and unbothered to answer to the public. The official website is down and so far, there are no updates communicated to the clients.
User reviews are also pretty much non-existent. Do you really want to venture into a project without knowing anything about the cashflow or risk?
FinanceCentralLimited Review Conclusion
FinanceCentralLimited is an entity that is operating in a very questionable manner. Their foundation is shaky and they can or might have disappeared before this post goes live.
Follow a skeptical approach with them and just like we mentioned before, unless you have verified all the documents and have gone over other intricacies, do not give them the benefit of the doubt.
