Search

For more information about Cinpax Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence D

License

No license

Cinpax Company

  

Cinpax Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Cinpax was founded in 2021, emerging as a new player in the online trading space. The company aims to cater to the evolving needs of traders by providing a comprehensive trading platform that supports a wide array of financial instruments, including forex, stocks, and commodities.

  

Parent Company/Ownership Structure

  Cinpax operates under its own brand, with its ownership structure not widely publicized. However, it is registered as a limited liability company, which indicates a standard corporate structure typical for online brokers.

  

Headquarters Location

  The company is headquartered in Kingstown, Saint Vincent and the Grenadines. This location is often chosen by online brokers due to its favorable business conditions and regulatory environment.

  

Global Business Scope

  Cinpax targets a global audience, allowing traders from various countries to access its trading platform. The firm offers services in multiple languages, catering to a diverse clientele.

  

Main Regulatory Bodies

  Cinpax is overseen by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. However, it is important to note that the FSA does not regulate forex trading in the same manner as more established regulatory bodies like the FCA (Financial Conduct Authority) or CySEC (Cyprus Securities and Exchange Commission).

  

2. Company History and Development

  

Key Milestones

  Since its inception in 2021, Cinpax has made significant strides in establishing itself in the online trading arena. The platform has quickly gained attention for its user-friendly interface and diverse asset offerings.

  

Business Expansion Journey

  Cinpax has expanded its services to include over 10,000 individual assets across various financial markets. This includes forex, stocks, commodities, and indices, positioning itself as a multi-asset broker.

  

Customer Base Growth

  The company has seen a steady increase in its customer base, attracting both novice and experienced traders. Its tiered account structure, which offers various features based on deposit levels, has contributed to its appeal among different trading demographics.

  

Platform Development History

  Cinpax has developed a proprietary trading platform designed to meet the needs of modern traders. This platform is equipped with advanced charting tools, multiple execution methods, and is available on both mobile and desktop applications.

  

Important Awards or Recognitions Received

  As a relatively new broker, Cinpax has not yet received significant awards or recognitions. However, it has garnered positive reviews from users for its transparency and customer service.

  

3. Trading Services Offered

  

Forex Trading Options

  Cinpax offers a comprehensive forex trading experience, providing access to a wide range of currency pairs. Traders can engage with major, minor, and exotic pairs, making it suitable for various trading strategies.

  

Stock Trading Options

  The platform allows users to trade shares from some of the world's most recognized companies, including tech giants like Amazon, Tesla, and Microsoft. This provides traders with opportunities to invest in high-profile stocks.

  

CFD Trading Products

  Cinpax offers Contracts for Difference (CFDs) on various assets, including stocks, commodities, and indices. CFDs allow traders to speculate on price movements without owning the underlying asset.

  

Other Financial Instruments

  In addition to forex and stocks, Cinpax provides access to commodities, precious metals, and cryptocurrencies. This diverse range of instruments enables traders to build a well-rounded portfolio.

  

Special Services or Unique Advantages

  One of Cinpax's unique advantages is its high leverage of up to 1:400, which allows traders to maximize their potential returns. The platform also provides advanced technical analysis tools to assist traders in making informed decisions.

  

  

Detailed Regulatory Information

  Cinpax is registered under the business identifier 26317 BC 2021 in Saint Vincent and the Grenadines. It is overseen by the FSA, which ensures compliance with anti-money laundering (AML) and know your customer (KYC) directives. However, it is not regulated by tier-1 regulatory bodies.

  

  Cinpax operates as a limited liability company in Saint Vincent and the Grenadines. It does not have a significant presence in regions requiring stricter regulatory oversight, such as the European Union or the United States.

  

Client Fund Protection Measures

  While Cinpax adheres to KYC and AML regulations, it does not provide the same level of client fund protection as regulated brokers in the EU or the UK. This means that clients may not have the same legal recourse in the event of financial disputes.

  

Countries/Regions Served

  Cinpax serves a global clientele, with services available in various countries. However, due to regulatory restrictions, it may not be available in jurisdictions with stringent financial regulations.

  

Compliance History

  Cinpax has not reported any significant compliance issues since its inception. The company maintains a transparent operational approach, which has helped it build trust within the trading community.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Cinpax faces competition from several established online brokers, including:

  • eToro: Known for its social trading features and user-friendly platform.
  • IG Group: Offers a wide range of trading instruments and strong regulatory oversight.
  • OANDA: Recognized for its forex trading capabilities and comprehensive research tools.
  •   

    Positioning in the Industry

      Cinpax positions itself as a multi-asset broker that emphasizes execution transparency, competitive pricing, and high leverage. This strategy appeals to traders looking for flexibility and a diverse trading experience.

      

    Market Differentiation Factors

      Cinpax differentiates itself through its proprietary trading platform, which is designed specifically for active traders. The high leverage offered, combined with a vast selection of assets, provides a unique trading environment that is attractive to both novice and experienced traders.

      In conclusion, Cinpax is a relatively new broker that has made significant strides in the online trading industry. While it offers a wide range of trading services and a robust platform, potential clients should consider the regulatory environment and the associated risks before engaging with the broker. For more information, learn more.