Cac400 Review (2023)

Is Cac400 a scam or a legit broker?

It is not safe to trade with Cac400, because it is an unregulated broker. In addition, the company has been suspected to be a fraud. While we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

Cac400, as claimed on the official website, is a forward-thinking financial service provider for modern traders from curious first-timers to seasoned veterans, while the company delivers the tools, features and services at all levels to succeed.

The operational office of the group located in Estonia, however, being located in the EU, the broker is not registered in order to deliver its service legally. That fact directly should put an alert to any trader, as the reliable company will protect their clients by necessary registrations and compliance with the international standards of client protection. Overwise, the financial service firm will perform trading on its own behalf only, while that shows a typical scam-oriented behavior.

As a result, Cac500 revealed as a part of the Blonde Bear OU group of companies and obviously is another trading brand of their numerous names that are all claimed as a fraud or scam brokers. The international investors were warned times and times by various agencies and authorities to keep the distance to any associated to the Blonde Bear OU firm. Apart from the vast number of “angry” or disappointed trader review, which internet is full of, while clients couldn’t see a reaction on a withdrawal request, or were losing money.

Conclusion

The potential traders or investors should seriously and carefully check on a broker while choosing the one to trade with, thus always advise to choose among Regulated Forex Brokers only. As the security of funds always goes first, it is much safer to trade with the company, which is regulated by the governmental agencies and in many cases compensate clients in case the things go wrong with the company.

Cac400 website is no longer active.