Score
Cinpax
Australia|2-5 years| https://cinpax.com
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Australia
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
cinpax.com
Server Location
United States
Website Domain Name
cinpax.com
Server IP
13.225.159.94
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
| 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.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 33
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Review 33
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FX1473487906
United Kingdom
Customer service: Multiple language support is available and there is 24-hour customer service. But the customer service reply is slow, not timely and professional. Financial security and privacy protection: Cinpax's website claims to adopt strict security and privacy protection measures, but the platform does not disclose specific information about its security system. To sum up, Cinpax has big problems in slip point, platform stability, supervision, trading conditions and commission fees, whic
Neutral
2023-03-30
FX1473487906
United Kingdom
Regulation: According to Cinpax's website, it is regulated by the Seychelles Financial Services Authority (FSA), but the regulator is not well-established or authoritative in the forex market. Trading products: Provide a variety of trading products, including forex, commodities, indexes, etc. Transaction fee, transaction terms and transaction leverage: relatively high, transaction leverage up to 1:400.
Neutral
2023-03-30
FX1473487906
United Kingdom
As a practitioner in the forex industry for many years, I evaluated Cinpax as follows: Slippage: Cinpax's slippage is very large and the transaction cost is high. Deposit and withdrawal: Various methods provided, but the speed of gold out is slow and the waiting time is long. It also has some restrictions, such as a minimum amount of money to put in and a fee to take out. Platform stability: Sometimes delays and errors occur.
Neutral
2023-03-30
Ashley Richards
Australia
Stocks at Cinpax are a goldmine. I've consistently earned profits, and the platform's security is unmatched. Fast withdrawals make it a standout choice for serious investors.
Positive
2023-12-13
John Mical
Australia
Cinpax indices have been a constant source of profit for me. The quick withdrawal process and high-level security make it my top choice.
Positive
2023-12-12
John Mical
Australia
Trading currencies on Cinpax is hassle-free. The quick withdrawal system and dedicated customer support make it an exceptional choice for me.
Positive
2023-12-12
Mark Mario164
Australia
Cinpax indices are my constant source of profit. The fast withdrawals and security of the platform give me complete peace of mind.
Positive
2023-12-11
Pascal GroB
United Kingdom
Investing in Cinpax stocks has been a profitable journey. The platform's security and swift withdrawals add immense value to my experience.
Positive
2023-12-09
Mitchell C. Richards
United Kingdom
Security is paramount, and Cinpax delivers. The platform's commitment to providing a secure environment for investments adds a layer of trust to my overall experience.
Positive
2023-12-08
Charles Smith
United Kingdom
Cinpax's withdrawal process is impressively fast. It's reassuring to know that I can access my funds promptly whenever needed, enhancing the overall convenience of the platform.
Positive
2023-12-08
Donald Shook
United Kingdom
Cinpax's indices feature has added stability to my portfolio. The variety of options and their performance have made it a valuable component of my investment strategy.
Positive
2023-12-06
Priwert Sengry
United Kingdom
Investing in currencies through Cinpax has been a game-changer for me. The flexibility and potential for profit are unmatched, and I appreciate the platform's reliability.
Positive
2023-12-05
Douglas3536
United Kingdom
Cinpax's customer support has exceeded my expectations. Their team is knowledgeable and always ready to assist. It's reassuring to have such reliable support while navigating the investment landscape.
Positive
2023-12-02
Allan S. Dumas
United States
Investing in currencies with Cinpax is a game-changer. Quick deposits and excellent customer support make it a top choice for me.
Positive
2023-11-26
Giselle Miller
United States
Investing with Cinpax was a revelation for me. The shares have proven to be lucrative, and the hassle-free withdrawal process adds to the overall satisfaction of the experience.
Positive
2023-11-23
Gary J. Haynes
Spain
I'm thrilled with my investments in the NASDAQ index on cinpax.com. The platform's fast withdrawal, excellent customer support, and secure environment make it a top pick for index trading.
Positive
2023-07-27
Lucio K Kemp
United Kingdom
Investing in the Dow Jones Industrial Average index through cinpax.com has been a wise decision for me. Their secure platform and responsive support team are unmatched.
Positive
2023-07-10
davis Morgan
United States
Trading the Japanese Yen on cinpax.com has been a profitable experience. With fast deposits and top-notch customer support, it's a reliable platform for currency investments.
Positive
2023-07-10
John Diaz
Norway
I've had fantastic returns investing in Tesla stocks on cinpax.com. The platform's commitment to safety and efficient withdrawals gives me peace of mind.
Positive
2023-07-10
Francis Ortega8113
United Kingdom
If you're looking to diversify your portfolio, investing in the S&P 500 index on cinpax.com is a smart move. Their quick deposits and excellent support make it a top choice.
Positive
2023-07-03