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Cidma CORP

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Operating status: SCAM

Website: https://cidmacorp.com/

Broker violations and abnormal records
  • 2022-09-21 The Cyprus CySEC Added Cidma CORP into Its Warnings

    On 22 Sep 2022, Cyprus Securities and Exchange Commission (CySEC) issued a warning that Cidma CORP does not belong to an entity that has been granted authorization for the provision of investment services. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=9a2a4281-c784-4f2e-a78b-37480ffe74b3


    On 22 Sep 2022, Cyprus Securities and Exchange Commission (CySEC) issued a warning that Cidma CORP does not belong to an entity that has been granted authorization for the provision of investment services. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=9a2a4281-c784-4f2e-a78b-37480ffe74b3
  • 2022-09-25 BrokersView has Reviewed that Cidma CORP is an Unregulated Forex Broker

    Cidma CORP claims to be a licensed broker under multiple regulations including Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission of Belize (Belize FSC or IFSC), and the Mauritius Financial Services Commission (Mauritius FSC). 

    First, we searched Belize FSC and Mauritius FSC but found no matching results. That means the broker is not regulated by the regulators. 

    In addition, CySEC issued a warning that Cidma CORP does not belong to an entity that has been granted authorization for the provision of investment services. 

    The truth is that Cidma CORP is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Cidma CORP claims to be a licensed broker under multiple regulations including Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission of Belize (Belize FSC or IFSC), and the Mauritius Financial Services Commission (Mauritius FSC). First, we searched Belize FSC and Mauritius FSC but found no matching results. That means the broker is not regulated by the regulators. In addition, CySEC issued a warning that Cidma CORP does not belong to an entity that has been granted authorization for the provision of investment services. The truth is that Cidma CORP is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • 2022-12-08 BrokersView has found that Cidma CORP is not working

    BrokersView found the domain "https://cidmacorp.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://cidmacorp.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

Is this one a licenced platform?

Gianluca Scatto
Italy
2022-11-10
ANSWER Cidma CORP is not a licensed or regulated broker even though it states offers that look good to be true. Cidma CORP claims to be a licensed broker under multiple regulations including the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission of Belize (Belize FSC), and the Mauritius Financial Services Commission (Mauritius FSC). First, we searched Belize FSC and Mauritius FSC but found no matching results. Then when we searched in CySEC, we only found that CySEC has issued a warning that Cidma CORP does not belong to an entity that has been granted authorization for the provision of investment services. You can check the full warning from here.The truth is, Cidma CORP is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Cidma CORP and trade with licensed brokers.
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