CitiFX Pro
Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?
Broker CitiFX Pro – signs of a kitchen, reviews from former users, divorce algorithm
A broker offering clients unique terms of cooperation. Service representatives guarantee the most profitable and innovative conditions for each trader. The problem is that the legality is in question. Yes, and there are serious problems with legal registration.
Status |
SCAM |
Year of foundation |
2008 |
Affiliate program |
No |
Regulation and jurisdiction |
NFA/CFTC (USA) |
Website |
https://www.citifx.com/ |
Contacts |
800-285-3000 390, Greenwich Street New York, NY 10013 United States |
- A mobile platform is provided for permanent access to the terminal
- 24/7 user support
- A wide range of financial instruments for profitable trading
- High minimum deposit amount - from $10,000
- No demo account to test the trading terminal
- There is no information regarding the founders of the project
- There is no educational platform for users
- A large number of negative comments about the service
Trading Platform |
MetaTrader4 (MT4) Citi Trading Platform, CitiFX Click Mobile Platform |
Types of accounts |
No |
Currency |
USD, EUR |
Deposit/withdrawal |
Credit cards Visa/Mastercard/Maestro Electronic wallets Cryptocurrency International payment systems WebMoney WireTransfer |
Min Deposit |
$10 000 |
Leverage |
1:25-1:50 |
Spread |
From 0.8 points (fixed and floating) |
Financial Instruments |
Cryptocurrency, currency pairs, indices, derivatives on commodities, precious metals, shares of international companies, energy, futures. |
Order execution |
Market Execution |
Bonus |
No |
History of the formation of CitiFX Pro
CitiFX is part of Citigroup, a global financial services organization that provides a wide range of financial services. Broker CitiFX specializes in the foreign exchange markets, offering its clients access to global foreign exchange markets using cutting-edge technology and trading platforms.
CitiFX’s primary goal is to provide clients with an unparalleled level of analysis of the global foreign exchange markets, as well as to use cutting-edge technology to provide a full range of instruments to clients. The broker’s mission is to help clients achieve their financial goals with the help of an experienced global team of specialists.
Specific information about registration and license was not found on the official website of CityFX Pro. Typically, such information is contained in official documents and on dedicated legal and regulatory information pages on the website. Citigroup, as a global financial institution, is highly regulated and must comply with numerous legal requirements in the countries in which it operates. But we couldn’t find anything similar on the broker’s portal.
Information about specific individuals managing the CitiFX project is not provided on the website. Details about the launch date of the CitiFX service were not revealed. As we see, the company hides facts about itself. On the Internet you can find references to the fact that the organization was allegedly registered in the United States. But there is no concrete evidence of this fact. There are no documents or certificates confirming this.
Terms of cooperation with CitiFX Pro
The project provides supposedly real market access for FX spot, forwards, NDF and swaps in over 400 currency pairs, available 24 hours a day. The platform brings together the best local prices through a network of over 80 treasury sites and global coverage from FX market makers in New York, London and Sydney. A comprehensive suite of pre-trade market information, including news, research and exposure management tools; various execution channels including live courses, RFS, Benchmark and Intelligent Orders (algorithmic trading); FX fair value analysis; variety of post-trade reports.
An intuitive, real-time post-trade reporting platform that provides all the information clients need in one click. The platform has quickly become the market leader in post-trade reporting. Of course, this is according to the platform’s authors. In reality, we are dealing with scammers who provide services illegally.
Citi’s new Velocity trading platform, launched in January 2012, offers clients key benefits such as extremely fast trade execution, an intuitive and simple interface, efficient use of desktop space and access to liquidity in more than 100 currencies.
After reading this description of the conditions and services, I would like to know where the information is about the following points of the CitiFX Pro broker:
- available account types;
- limits;
- orders;
- terminals;
- nuances of depositing and withdrawing funds;
- tools, etc.
The office decided not to voice such moments, thereby creating a loophole for further fraud.
Support
To access these company platforms and services, potential customers need to contact the sales team through the contact details. There are only two electronic posts posted on the site. The innovative broker does not operate social networks or instant messengers. There is not even a feedback form provided.
Reviews of CitiFX Pro
We invite you to read the comments below about CitiFX Pro, which will allow you to understand in detail what to expect from the broker. Basically, traders write that the platform is very slow and freezes. As a result, the terminal drains money. Where Regardless depending on what algorithm of actions is chosen.
Regarding specific examples, users were generally dissatisfied with the outcome of the collaboration. Since there are plenty of responses about those who invested funds on the balance sheet and were left without money.
For example, managers told Oleg that the minimum deposit is 10 thousand dollars. Varyag encountered lengthy responses from technical support.
The broker does not have a privacy policy as such. As a result, the data is leaked to other crooks.
If you fell for tricks and transferred money to the account of scammers, write to our managers. Chargeback Specialists will help you get your deposit back.
Conclusion on the company
Below we suggest that you familiarize yourself with the signs of the kitchen that were discovered during the CityFHPro analysis:
- aboutDisclaimer of Liability and No Warranties;
- the difference between promises and reality;
- high minimum deposit. 10 thousand dollars is the amount to start;
- spreads and trading conditions are hidden. It is only possible to understand by analyzing the comments that the spread starts from 1.2 points;
- problems with withdrawal of funds. Real customer reviews about problems with withdrawing earned money may be a red flag indicating fraudulent schemes;
- proprietary solutions and MetaTrader 4. At the same time, the broker provides services illegally, since there is no license;
- advertising and calls. Unscrupulous brokers often use aggressive advertising or direct calls to potential clients, promising unusually high investment returns. In our case, the office is no exception;
- investment conviction. Service employees force you to make a down payment, promising easy access to funds and quick profits.
Considering these points, you should not open your CityFHPro personal account. The user quickly loses the deposit and that’s it.
Ready to start investing? Open an account with a proven broker with the best conditions and favorable bonuses
FAQ
Customer reviews are one of the main criteria influencing the reputation and position of a broker in the ranking of reliable companies. You can view reviews about CitiFX Pro on the main broker profile page.
You must register on the official Forex Rating website. This procedure is free and will take very little of your time. To confirm your registration, you will receive an email with a link where you will find detailed instructions on how to leave a review about the company CitiFX Pro.
Reviews
Hello! I don’t even recommend getting involved with scammers. You will just lose your money and that's it. I personally verified it. True, they were allowed to open an account with 1 thousand dollars, although before that they talked about 10 thousand.
Read moreThe outcome for me is negative. Honestly, I just don’t understand how I could believe in the manager’s promises...
Read morePlease note this is an unlicensed office. Of course this will lead to losses. It's a pity I didn't understand this when I registered. This was just a terrible decision for me.
Read moreYou will leak personal data to other scammers. You will simply donate your funds, plus your contacts will also be included in the database, which the broker will sell to other scammers. And then hello microloan and other crap. Now I don’t understand how you got away with it
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Expert opinion
CitiFX Pro is a trading platform with an intuitive interface and the possibility of flexible customization to suit the needs of the trader. This platform provides traders with an advanced set of analytical and charting tools, as well as access to free news resources. It allows you to use different types of stop orders, which makes it a convenient tool for trading Forex and CFDs. It is worth noting that trading in these markets involves a high degree of risk, and statistics show that only 11%-25% of traders make money when trading Forex and CFDs, while the remaining 74%-89% of clients lose their investment. The platform is offered free of charge, with no monthly or full license cost, making it accessible to a wide range of users.