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Cinpax
Australia|2-5 years| https://cinpax.com
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No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+1 8009851351
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Broker Information
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Cinpax LTD
Cinpax
Australia
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
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| Minimum Deposit | 100,000 USD |
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| Maximum Leverage | 1:400 |
| Minimum Deposit | 2,500 USD |
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Capital
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Cinpax · Company Summary
| Cinpax Review Summary | |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No Regulation |
| Market Instruments | Currency Pairs, Commodities & Energies, Valued Metals, Shares & Stock Indices |
| Demo Account | Unavailable |
| Leverage | 1:400 |
| Trading Platforms | Multi-Asset Trading Platform; Web Trading including Windows, Mac and Linux; Mobile trading for Android; Platform for iPhone/iPad |
| Minimum Deposit | $250 (STARTER Account), $2500 (BASIC Account), $25000 (ADVANCED Account), $100000 (PROFESSIONAL Account) |
| Customer Support | Phone Number: +18009851351 |
| Email: customer.info@cinpax.net | |
| Address: Beachmont Business Center, 219, Kingstown, Saint Vincent & the Grenadines | |
| Live chat | |
What is Cinpax？
Cinpax is an unregulated online trading platform based in Saint Vincent and the Grenadines that offers access to various financial markets, including currency pairs, commodities, energies, valued metals, shares, and stock indices. It provides a range of trading accounts with different minimum deposit requirements to cater to traders of varying experience levels and multiple trading platforms, including a multi-asset trading platform, web trading for different operating systems, and mobile trading apps for Android and iOS devices.
Pros & Cons
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Pros:
High Leverage: Cinpax offers a high maximum leverage of 1:400 that allows traders to control large positions with a relatively small amount of capital, providing the potential for higher returns on investment.
Multiple Account Types: The platform offers diverse account types, including the STARTER Account, BASIC Account, ADVANCED Account, PROFESSIONAL Account, and VIP Account, catering to various trading needs and experience levels.
Multiple Customer Support Channels: Cinpax provides various customer support channels including phone, email, and live chat, enhancing accessibility and assistance for clients.
Cons:
No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.
Is Cinpax Safe or Scam？
Cinpax currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.
Market Instruments
Cinpax provides a diverse range of trading instruments covering various asset classes to cater to the needs of investors. These include currency pairs, commodities, and energies, offering opportunities to trade in markets influenced by factors such as supply and demand dynamics and geopolitical events.
Additionally, Cinpax offers trading in valued metals, allowing investors to engage in markets related to gold, silver, platinum, and other precious metals. Furthermore, the platform facilitates trading in shares and stock indices, providing access to equity markets globally and enabling investors to diversify their portfolios across different sectors and regions.
Account Types
Starter Account: This account is designed for beginners or those who are new to trading. It requires a minimum deposit of $250, making it accessible to many traders.
Basic Account: The Basic Account is suited for traders who have some experience in the financial markets and are looking for more advanced features. It requires a minimum deposit of $2500, offering additional tools and resources compared to the Starter Account.
Advanced Account: The Advanced Account is tailored for more experienced traders who are actively involved in the markets and require advanced trading capabilities. It requires a minimum deposit of $25000 and provides access to premium features such as advanced charting tools, in-depth market analysis, and priority customer support.
Professional Account: The Professional Account is designed for professional traders or institutional investors who require sophisticated trading solutions and personalized services. It requires a minimum deposit of $100000, offering exclusive benefits such as lower market price differences, personalized trading portfolios, and dedicated account managers.
VIP Account: The VIP Account is the highest tier of account offered by Cinpax and is available by invitation only. This exclusive account type provides VIP clients with bespoke trading solutions, priority access to new features and products, exclusive market insights, and premium customer support.
How to Open an Account？
Steps:
Click the button ''SIGNUP'' on the homepage.
Follow the on-screen instructions to input your personal and contact details.
An email will typically be sent to your registered email address to verify your account. Ensure to check your inbox and spam folders.
Click on the link received in the verification email to activate your account.
Tick the box to agree to the Terms and Conditions, Privacy Policy, Anti-Money Laundering and Know Your Customer Policies of Cinpax.com.
Once youve filled out the form, click the button labelled “SUBMIT REGISTRATION”
Leverage
Cinpax empowers traders with a maximum leverage of 1:400. This leverage ratio empowers traders to control positions in the market that are significantly larger than their initial investment, amplifying both profits and losses. By utilizing leverage, traders can effectively multiply the impact of their trades, allowing them to take advantage of even small price movements in the market to generate substantial returns.
Trading Platforms
Cinpax offers a variety of trading platforms to suit your needs, providing flexibility for how you manage your investments. Here's a breakdown of their options:
Multi-Asset Trading Platform: Cinpax provides a robust and versatile trading platform that supports a wide range of asset classes, including currencies, commodities, indices, and stocks. This platform offers comprehensive functionality and advanced trading tools to meet the diverse needs of traders.
Web Trading: Cinpax offers web-based trading platforms that are accessible on various operating systems, including Windows, Mac, and Linux. These web platforms provide traders with the flexibility to access their accounts and trade directly from their internet browsers without needing to download or install any software.
Mobile Trading for Android: Traders who prefer to trade on the go can utilize Cinpax's mobile trading application for Android devices. This mobile platform offers full trading functionality, real-time market data, and intuitive navigation, allowing traders to stay connected to the markets and manage their positions from anywhere with an internet connection.
Platform for iPhone/iPad: iOS users can take advantage of Cinpax's dedicated trading platform optimized for iPhone and iPad devices. This mobile platform is designed to provide a seamless and user-friendly trading experience on Apple's mobile devices, enabling traders to execute trades and monitor market movements with ease while on the move.
Deposits & Withdrawals
Cinpax facilitates deposits and withdrawals through widely used payment methods such as Visa and Mastercard, offering convenience and flexibility to its clients. By accepting transactions via these major credit card networks, Cinpax ensures that traders can easily fund their accounts or withdraw funds using their Visa or Mastercard debit or credit cards. This streamlined process allows traders to manage their funds efficiently and access their trading capital whenever needed, enhancing the overall trading experience on the platform.
Customer Service
Cinpax provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.
Phone Number: +18009851351
Email:customer.info@cinpax.net
Address: Beachmont Business Center, 219, Kingstown, Saint Vincent & the Grenadines
Live chat
Conclusion
In conclusion, Cinpax offers an extensive range of trading instruments, various account types, a high maximum leverage, multiple trading platforms, and widely used payment methods, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.
Frequently Asked Questions (FAQs)
| Q 1: | Is Cinpax regulated？ |
| A 1: | No. It has been verified that this broker currently has no valid regulation. |
| Q 2: | Does Cinpax offer demo accounts？ |
| A 2: | No. |
| Q 3: | What is the minimum deposit for Cinpax？ |
| A 3: | The minimum initial deposit to open an account is $250. |
| Q 4: | At Cinpax, are there any regional restrictions for traders？ |
| A 4: | Yes. Cinpax does not provide services for U.S., Iran and North Korea residents. |
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.
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