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Cudrania Capital

Operating status: SCAM

Website: https://www.cudraniacap.com/en/index.html

Broker violations and abnormal records
  • Oct 25, 2022 BrokersView has Reviewed that Cudrania Capital is an Unregulated Forex Broker

    Cudrania Capital claims to be an international pre-eminent online broker under Cudrania Group, which has operations centers in Dallas, Sydney, Singapore, Hong Kong, Dubai, and Kuala Lumpur. As per this information, we searched some regulatory bodies in the above countries or regions, including:

    1) The Labuan Financial Services Authority (LFSA);

    2) The Dubai Financial Services Authority (DFSA);

    3) The US National Futures Association (NFA);

    4) The Australian Securities & Investments Commission (ASIC);

    5) The Hong Kong Securities And Futures Commission (HK SFC);

    6) The Monetary Authority of Singapore (MAS).

    However, we did not find any match results to Cudrania Capital in LFSA, DFSA, ASIC, HK SFC, and MAS. 

    Even though we did find a match result to Cudrania Capital in NFA, Cudrania Capital is still not overseen by NFA as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a "retail forex exchange dealer." Cudrania Capital doesn't satisfy these conditions. 

    The truth is, Cudrania Capital is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Cudrania Capital claims to be an international pre-eminent online broker under Cudrania Group, which has operations centers in Dallas, Sydney, Singapore, Hong Kong, Dubai, and Kuala Lumpur. As per this information, we searched some regulatory bodies in the above countries or regions, including:1) The Labuan Financial Services Authority (LFSA);2) The Dubai Financial Services Authority (DFSA);3) The US National Futures Association (NFA);4) The Australian Securities & Investments Commission (ASIC);5) The Hong Kong Securities And Futures Commission (HK SFC);6) The Monetary Authority of Singapore (MAS).However, we did not find any match results to Cudrania Capital in LFSA, DFSA, ASIC, HK SFC, and MAS. Even though we did find a match result to Cudrania Capital in NFA, Cudrania Capital is still not overseen by NFA as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a "retail forex exchange dealer." Cudrania Capital doesn't satisfy these conditions. The truth is, Cudrania Capital is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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