Is Camseas Broker Good for Trading?

Broker review
J
juni susilo
04 Sep 2014, 09:34 2,959 Views

I want to ask about the camseas broker from Hong Kong. Is it good for trading?

3 Answer

R
Rachmat 04 Sep 2014, 07:37

Try to look at the regulations of the broker in question. Is it registered with a recognized regulation? and also pay attention to the year of establishment.

Thanks.

A
Aisha 25 Nov 2014, 17:16

Obviously a scam. Someone reported on Forexfactory that they couldn't WD (withdraw).

M
martin 16 Jan 2017, 03:13

@ juni susilo:
That's right, that broker is a scam. The website is now inaccessible. There are complaints about withdrawals not being paid and being unable to communicate with the broker anymore, you can read about it here: Trading experience at Camseas

If you want to trade safely, we recommend using a broker that is properly regulated, namely a broker regulated by a credible international regulatory body (CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA).

A credible regulatory body is one that has been tested and internationally recognized, and imposes strict sanctions on brokers if they violate agreed-upon terms. The regulatory body is also responsible for the security of client funds.

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