Cash IP Finance review 2022 | File A Scam complaint (2024)

Is Cash IP Finance a scam or legit broker? Read Cash IP Finance Review

Cash IP Finance is an offshore or unreliable broker which is not regulated by any reputed regulation authority in its region. This broker offers trading and investment services in many countries without having a license from any regulatory authority in its country like CySec, ASIC, FCA, CNMV, etc. The broker got many Complaints and negative Cash IP Finance reviews and other possible scam features can also be the reason. Your funds may not be safe if you are trading with this broker.

Website – https://cashipfinance.com/

Address – 8 Annis Komninis, 1060 Nicosia

Warned By – Not Recommended By Review Website Like Report Scam

Domain Age Information of Cash IP Finance

Despite Cash IP Finance attempts to look legit and trustworthy, we can’t disregard the alerts that Cash IP Finance giving us. There are many brokers like it, and we can quickly recognize the kind of specialist we were dealing with by stepping into the site. We also reviewed comparative-looking broker sites in ourscam brokers 2023 list, the vast majority of them are unlicensed and obscure. Find more about the scam broker in our review list.

Possible scam activities of Cash IP Finance

Forex trading scams, Binary OPtions trading scams, Cryptocurrency trading scams and other investment trading scams are harder to spot. But there are some signs.

According to Cash IP Finance, Nicosia, Cyprus, is where the company is registered. To conduct business legally, this broker must comply with CySECregulations, which apply to all brokers based in this nation. Cash IP Finance, however, is not on the list and is not permitted to conduct investment operations, as we discovered after searching the CySEC registrations. We weren’t at all surprised because this website has numerous red flags of a scam and is completely unreliable.

Moreover, this broker makes no mention of how it accepts payments. This is typical of fraudsters because they frequently try to cover up their unethical behavior. Authentic brokers, on the other hand, go into precise detail about every element of their investment alternatives, along with any additional costs or tax.

Moreover, Cash IP Finance asserts that it complies with all regulations set forth by the Financial Conduct Authority (FCA) of the United Kingdom and the Financial Services Commission of the Republic of Mauritius. This is another outright untruth. Cash IP Finance wasn’t included in these bodies’ records when we looked.

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this Cash IP Finance review.

• The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
• The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
• The broker may have made a number of false claims through its website.
• The broker promises returns that are too good to be true.
• The risk warnings may not be disclosed on their webpage or would be hidden.
• The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
• The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
• This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.

Negative Cash IP Finance Reviews and Complaints

Cash IP Finance has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2023.

Example of Negative Cash IP Finance Review

After Searching internet you will find many negative Cash IP Finance Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and Cash IP Finance reviews are negative. Instead we recommend looking for regulated and reputed brokers who can really help in growing your investments.