CedentStock is a CFD broker whose official domain was registered on January 17, 2024. This broker primarily offers investment services to investors in markets such as Forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services in countries and regions where doing so would possibly violate local laws or regulations.
Company Registration and Regulatory Status
Public information on the official website of CedentStock (cedentstock.info) indicates that the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose any information about the company entity or detailed regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not list a regulated company named "CedentStock."
Therefore, CedentStock (cedentstock.info) is essentially a fraudulent broker website without a company entity or any regulatory oversight.
Account Opening Process
The CedentStock trading account opening process is as follows: Visit the broker's website, click on the “Open Account” button on the homepage or “SIGN UP” in the top right corner of the page to enter the account registration page. Fill in the required personal information such as name and email, set a login password, and submit the form. After submission, verify your account to complete the registration successfully.
Trading Instruments:
CedentStock offers clients a variety of trading products, including Forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, diverse trading opportunities can be discovered, and potential returns can be enhanced using high leverage.
- Commodities: Commodity trading covers key resources in the global market, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in price fluctuations of public companies, earning from price changes and dividends based on company performance without holding the stock physically.
- Cryptocurrencies: Cryptocurrency trading provides an opportunity for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
CedentStock offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: £500
- Minimum expected profit: £3,500
- Maximum expected profit: £5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: £5,000
- Minimum expected profit: £45,000
- Maximum expected profit: £50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: £10,000
- Minimum expected profit: £99,999
- Enjoy full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional Forex signals
- Up to 10 signals daily
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payment only
- Use with any broker
Trading Platform
CedentStock provides users with a proprietary trading platform and claims that the platform has an average order execution speed of less than 7.12 milliseconds, with over comprehensive liquidity providers and more than 12,000 orders executed per second.
Deposits and Withdrawals
CedentStock only supports deposits and withdrawals via cryptocurrency.
Conclusion:
Traderknows reminds investors that CedentStock is a scam broker that entices investors with high returns. The site has neither a company entity nor any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
