Citadelex Review – New Domain, Same Old Citadelex Scheme
As you can tell, Citadelex Broker is a company with many domains. Each time the scheme is exposed, they come up with something new. Nowadays, they go by the domain ctdlx.co and call themselves Ctdlx, but it’s all the same scheme.
Read our Citadelex review to find all the details about the new fraud.
|Broker status:||Unregulated Broker|
|Regulated by:||Unlicensed Scam Brokerage|
|Blacklisted as a Scam by:||FCA|
|Types of Assets:||FX, commodities, indices, shares, cryptocurrencies|
|Free Demo Account:||No|
|Accepts US clients:||US traders are not accepted|
Is Citadelex Regulated? – Why Does It Matter?
In order for you to have any money-back guarantee, the broker needs to be regulated. As was the case with the first 5 domains, Citadelex regulation is not an option today either. This brand simply goes from one domain to another, scamming people the same way.
What’s Wrong With A Trading License?
This company never bothered to opt for a license in the country of service. The company operates all around the EU and Australia, but its license is not with FCA, ASIC, BaFin, or any Tier1 regulator.
Warnings Against Citadelex Fraud
The UK FCA was finally fed up with Citadelex complaints and has published an official warning.
Official Warning Issued by FCA – Evidence of Fraud
FCA stated that Citadelex Forex broker presents itself as Citadel Securities (Europe) Limited, a UK-regulated firm. Also, their support numbers are all UK, supporting this claim. However, note that this firm has nothing to do with Citadel Securities Limited or the FCA.
Where Is Citadelex Trading Scam Active?
The company trading scam is active in:
Be careful not to become the next fraud victim.
Citadelex Login Problems – Sign Of A Scam
Since the broker is frequently changing domains, Citadelex login issues are nothing new. Clients cannot log in to their accounts, and those who express their wish to withdraw funds will never have this option. The company avoids regulators and withdrawal requests, so don’t be shocked that you’re suspended.
If you have any issues logging in to your trading account for more than a few hours, let us know!
Citadelex Trading Reviews – What Traders Are Saying
Citadelex reviews are not as optimistic. Clients complain about withdrawals, the inability to access their accounts, and more. Here’s an example:
“Citadelex are tricksters and tricksters. They keep in touch until you make a deposit and then silence.”
What Trading Platforms Are Available? – Trading Software
While we hope to see MT4 or MT5, the Citadelex trading platform is disappointing as is the company itself. There’s nothing but a regular WebTrader without any special tools. The spread is fixed at 3 pips for EUR/USD pair, while the industry average is around 1 pip. Also, leverage goes up to 1:500 against all regulatory rules.
Yes, the platform may look appealing, but no, you won’t find anything you need there.
Citadelex Trading Instruments – What Can I Trade?
As a Citadelex client, you can trade in 5 major markets:
- Currency pairs
Note that it’s not good to invest money with this firm, as it’s unregulated.
Also remember the names of the Dualix Detailed, CTL Markets and FX Capital Group trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!
Citadelex Fraud – Avoid This Trading Scam at All Costs
You can already understand you shouldn’t invest in this firm with everything being said.
Citadelex’s minimum deposit is $250, but the scam will not stop there. You will be pressured to upgrade your account and invest more and more without seeing anything in return. Don’t fall for the scheme, and be well aware that you may lose everything you have. File a complaint right away and get a refund before this company disappears once again.
Scammed By Citadelex Broker? – Talk To Our Recovery Experts
If you fall victim to the Citadelex scam, let us know. Our chargeback specialists may help you file a dispute and get a refund. Time is of the essence, so don’t waste it!
Book a FREE consultation via online chat and get in touch now!
What Is Citadelex, And Should I Invest Money In It?
Citadelex is a fraudulent online Forex and CFD trading provider with no license.
Can I Trade Cryptocurrencies And CFDs With Citadelex Broker?
You can trade both crypto and CFDs with Citadelex broker.
Are My Funds Safe With Citadelex?
UK FCA issued an official warning against the Citadelex scam; be aware.