SafeBondCX, a Contract for Difference (CFD) broker, registered its official domain on December 19, 2023. This broker primarily provides investment services in markets such as forex, commodities, indices, stocks, and digital currencies, and does not offer services to countries or regions where doing so might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to public information on SafeBondCX's official website (www.safebondcx.com), this broker is regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). However, all customers will be dealing directly with Safebond CX A/S, and all customer agreements are signed with Safebond CX A/S, thereby being governed by Danish law. The website's Terms of Service page indicates that "this agreement is governed and construed in accordance with Dutch law, and any disputes unresolved amicably shall be submitted to Dutch court jurisdiction."
Upon investigation, no registration information for "SafeBondCX" was found with the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Danish Financial Supervisory Authority (Danish FSA), or the Netherlands Chamber of Commerce (KVK).
Therefore, SafeBondCX (www.safebondcx.com) is essentially a fraudulent broker website with neither a company entity nor any regulation.
Account Opening Process
The account opening process for a SafeBondCX trading account is as follows: Visit the broker's official website, click "Open Account" at the top right corner of the webpage, enter your personal information (name, phone number, email address) as required, set a login password, and submit. Upon account verification, registration is completed.
Investment Plans
SafeBondCX offers two types of investment plans: PLAN (1) and PLAN (2).
PLAN (1):
- Minimum deposit: £50
- Maximum deposit: £9,999
- Expected profit: 2% daily
- Duration: 90 days
PLAN (2):
- Minimum deposit: £10,000
- Maximum deposit: £1,000,000
- Expected profit: 3% daily
- Duration: 180 days
Trading Platform
SafeBondCX claims to offer the MT5 trading platform to users, but there is no way to find this broker on the MT5 platform.
Deposits and Withdrawals
The SafeBondCX website does not disclose the supported deposit and withdrawal methods.
Conclusion:
Traderknows reminds investors that SafeBondCX is a fraudulent broker that lures investors with promises of high returns. In reality, it has no corporate entity or regulatory oversight, and the only contact method is through email. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
