Caesar Trade Review (2023)

Is Caesar Trade a scam or a legit broker?

Caesar Trade360 is 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade Caesar Trade. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no any guarantee from the official entities that oversee the Forex industry. Thus the engagement to trading with such a companies means the trader will believe only on the broker’s words, and of course, it is a high risk.

Caesar Trade is an international brokerage firm that operates through its office in Seychelles and provides trading on Forex, CFDs and Binary Options (See also Regulated Binary Options Brokers). However, previously the company was based in New Zealand as well had held a license from the local authority FSP. Since 2016 the company changed its registration and jurisdiction to Seychelles, which is an offshore zone with a not imposed regulation of the financial firms.

Moreover, the broker’s presented information is quite confusing as there are different names appearing in a trading terminal, addresses and names in a legal document of the company itself. Throughout a quick search, you would find numerous complaints from the traders that faced serious issues and at the end concludes a company operating as a scam. The issue was mainly with the withdrawals, while the broker found reasons why it can not be done. Considering above said it seems that the broker moved to another country and mixes the information in order to avoid compliance and regulations for the purpose of its own benefit.

Conclusion

Unfortunately, this is the typical steps that the fraud companies do, they are not authorized by any reputable authority alike FCA (UK) or FINMA (Switzerland), the main aim is to target the clients convince them to make deposits and then to find tons of excuses why the money are gone. Therefore, we strongly advise to avoid Caesar Trade offering and choose only with the Regulated Forex Brokers, as at the least there is a legal entity, which constantly oversees the operation broker provides.