About CentroBanc
Overview
CentroBanc is a forex and CFD broker that operates under the domain centrobanc.io. The company was founded on May 23, 2019, and is registered in Estonia. However, independent information about its operations beyond these basic details is extremely limited.
Our research indicates that the broker does not hold any regulatory licenses from recognized financial authorities. This absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to the oversight and investor protection measures that regulated brokers must adhere to.
Regulation and Safety
CentroBanc has no regulators on file according to our records. This means it is not authorized by any major financial regulator such as the FCA, CySEC, or ASIC. Traders should be aware that dealing with an unregulated broker carries substantial risks, including lack of recourse in case of disputes or financial loss.
FXCanary's Scam Risk Score for CentroBanc is 75 out of 100, indicating a severe risk level. This score is based on the lack of regulation and limited public information. We strongly advise caution when considering any engagement with this broker.
Background
CentroBanc was established in 2019 and is based in Estonia. While Estonia is a member of the European Union, the broker does not hold a license from the Estonian Financial Supervision Authority (FSA) or any other EU regulator. The company's registration status does not equate to a license to provide financial services.
Without verified information from official sources, the broker's ownership and corporate structure remain unclear. This lack of transparency further contributes to the high-risk assessment.
Account Types and Platforms
Due to the scarcity of publicly available information, we cannot confirm the specific account types, trading platforms, or instruments offered by CentroBanc. Typically, forex brokers provide multiple account tiers (e.g., standard, pro, Islamic) and platforms such as MetaTrader 4 or 5, but we cannot verify these for CentroBanc.
Potential clients should exercise extreme caution and seek direct confirmation from the broker about trading conditions before depositing funds. Absence of clear information is a warning sign.
Overview compiled by FXCanary from regulatory records and public data. full CentroBanc review