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Cashcraft foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.cashcraft.com/newclient.php, about the company's legal and temporary regulatory information, the company's address 270 Muritala Muhammed Way Alagomeji. Yaba, Lagos.

Cashcraft Forex Broker

Basic Information

Registered Region

Nigeria

Operating Period

Company Name

CASHCRAFT ASSET MANAGEMENT LTD

Abbreviation

Cashcraft

Company employee

Customer Service Email Address

lagos@cashcraft.com

Contact Number

+23412956150

Company Website

https://www.cashcraft.com

Company address

270 Muritala Muhammed Way Alagomeji. Yaba, Lagos

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Note: Regrettably, the official website of Cashcraft, namely https://www.cashcraft.com, is currently experiencing functionality issues. Cashcraft Review Summary Founded Year 1991 Registered Country/Region Nigeria Regulation Unregulated Services & Products Private Placements for Unquoted Companies, Equity Arrangement Services, Matching Funds for Buy Orders and emporary Funding Solutions Demo Account N/A Leverage N/A EUR/ USD Spread N/A Trading Platforms N/A Minimum Deposit N/A Customer Support Phone and email What is Cashcraft？ Cashcraft, a private placement and equity arrangement service provider based in Nigeria since its establishment in 1991. Operating in an unregulated environment, Cashcraft offers services such as private placements for unquoted companies, equity arrangement services, matching funds for buy orders, and temporary funding solutions. For assistance, clients can reach out to Cashcrafts customer support team via phone and email. If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics. Pros & Cons Pros Cons Tailored services Not regulated Inaccessible website Limited trust and transparency Pros: - Tailored Services: Cashcraft offers private placements, equity arrangement services, and funding solutions, catering to diverse investment needs. Cons: - Not Regulated: The lack of regulation raises concerns about the oversight and protection of client funds and investments. - Inaccessible Website: The absence of an accessible website can hinder transparency and make it difficult for clients to gather information about the company and its services. - Limited Trust and Transparency: The combination of being unregulated and having limited accessibility may contribute to a lack of trust and transparency in the eyes of potential clients. Is Cashcraft Safe or Scam？ Cashcraft operates without any valid regulation, indicating a lack of oversight from governmental or financial authorities, significantly heightening the risk of investing with them. Furthermore, the unavailability of their official website raises doubts about the credibility and reliability of their trading platform. These circumstances increase the level of risk associated with investing in Cashcraft exponentially. In the absence of regulation, the individuals managing the platform have the freedom to abscond with investors' funds without any accountability for their fraudulent behavior. They hold the power to vanish unexpectedly without issuing any prior notice, leaving investors vulnerable to financial losses and legal repercussions. Services & Products Cashcraft provides a range of services and products tailored to facilitate investments in unquoted private companies. These include: - Private Placements for Unquoted Companies: Cashcraft assists in organizing private placements for unquoted companies, allowing investors to participate in fundraising rounds that are not publicly available on the stock exchange. - Equity Arrangement Services: Cashcraft helps in arranging additional equity for companies looking to raise capital, ensuring that they have the necessary funds to support their growth and expansion plans. - Matching Funds for Buy Orders: Cashcraft facilitates matching funds for buy orders, ensuring that investors have access to the capital needed to execute their buy orders in a timely manner. - Temporary Funding Solutions: Cashcraft offers temporary funding options for investors, providing them with the necessary capital to proceed with investment opportunities while awaiting the execution of sale orders or finalization of financing arrangements. Defined Income Cashcraft also provides services to cater to clients with lower risk profiles who seek investment opportunities offering defined income and capital guarantees. These include: - Treasury Bills: Cashcraft assists clients in investing in Treasury Bills, which are short-term debt securities issued by the government with a fixed interest rate and a guaranteed return upon maturity. - Debt Instruments - Bonds, Debentures: Cashcraft helps clients invest in debt instruments such as bonds and debentures, which are fixed-income securities issued by corporations or governments, providing investors with regular interest payments and return of principal at maturity. - Tenured Investment Funds - Commercial Papers: Cashcraft offers investment opportunities in tenured investment funds, including commercial papers, which are short-term debt instruments issued by corporations to raise capital, providing investors with a secure investment option with defined returns. - Term Deposits: Cashcraft facilitates investments in term deposits, which are fixed-term deposits held at financial institutions with a specified interest rate over a predetermined period, offering clients a low-risk investment option with guaranteed returns. - Bankers Acceptance: Cashcraft supports clients in investing in bankers' acceptances, which are short-term promissory notes issued by a company that is guaranteed by a bank, providing investors with a secure investment vehicle with an assured payment upon maturity. Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Telephone: +234 1 2956150 Email: lagos@cashcraft.com Address: 270 Muritala Muhammed Way Alagomeji. Yaba, Lagos Conclusion Cashcraft presents a mixed picture for potential clients. While the company offers tailored services that can meet individual investment needs, it is concerning that Cashcraft is not regulated, has an inaccessible website, and lacks transparency and trustworthiness. These factors raise red flags regarding the safety and reliability of engaging with Cashcraft as an investment service provider. Frequently Asked Questions (FAQs) Q 1: Is Cashcraft regulated by any financial authority？ A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: How can I contact the customer support team at Cashcraft？ A 2: You can contact via telephone: +234 1 2956150 and email: lagos@cashcraft.com. Q 3: What services and products Cashcraft provides？ A 3: It provides private placements for unquoted companies, equity arrangement services, matching funds for buy orders and temporary funding solutions. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Cashcraft broker review

Is Cashcraft safe or scam

Rating Index

How to login to Cashcraft ?

Cashcraft Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the comprehensive guide on using Cashcraft, a leading financial service provider in Nigeria. This guide will walk you through the entire process of registering for an account, opening it, and logging in.

Cashcraft Forex Broker - Complete Information Guide

1. Broker Overview

　　Cashcraft Asset Management Limited, established in 1991, is a financial services firm based in Lagos, Nigeria. The company operates in the private equity and asset management sector, providing tailored financial solutions to a diverse clientele. Cashcraft is a private entity and is primarily known for its services related to private placements for unquoted companies, equity arrangement services, and temporary funding solutions.

　　Since its inception, Cashcraft has developed a reputation for facilitating investment opportunities in unquoted companies, allowing investors to participate in fundraising rounds that are not available on public markets. The firm has established a significant presence in Nigeria's financial landscape, catering to both individual and institutional investors. Notably, Cashcraft has positioned itself as a key player in the Nigerian stock exchange, emphasizing its commitment to enhancing wealth creation and financial stability for its clients.

　　The company operates under a business model that focuses on retail forex trading and institutional services, facilitating a wide range of investment options for its clients. As a broker, Cashcraft has evolved over the years, adapting to the changing dynamics of the financial markets and the needs of its clients. However, it is important to note that Cashcraft operates in an unregulated environment, which raises certain concerns about investor protection and the oversight of client funds.

2. Regulatory and Compliance Information

　　Cashcraft operates without any valid regulatory oversight, which is a significant concern for potential investors. Currently, there are no regulatory licenses associated with Cashcraft, and the firm has not registered with any recognized financial authority. This lack of regulation means that there is no governmental or financial oversight to protect client investments or ensure compliance with industry standards.

　　The absence of a regulatory framework raises red flags regarding the safety of client funds and the transparency of the firm's operations. Cashcraft does not have a customer fund segregation policy in place, increasing the risk of potential misuse of client funds. Furthermore, the company does not participate in any investor compensation schemes, which could provide some level of protection for investors in case of financial mismanagement.

　　In terms of compliance measures, Cashcraft lacks a robust KYC (Know Your Customer) and AML (Anti-Money Laundering) policy. This absence of compliance measures could expose investors to risks associated with fraud and financial misconduct. Overall, the lack of regulation and compliance raises significant concerns about the credibility and reliability of Cashcraft as a forex broker.

3. Trading Products and Services

　　Cashcraft offers a variety of trading products and services, primarily focused on private placements and equity arrangement services. The firm facilitates investments in unquoted companies, providing clients with opportunities to participate in fundraising initiatives.

Forex Trading

　　Cashcraft provides access to a limited selection of forex currency pairs, catering to the needs of retail traders. However, specific details regarding the number of forex pairs offered and the major currency pairs available have not been disclosed.

CFD Products

　　In addition to forex trading, Cashcraft offers Contract for Difference (CFD) products across various asset classes. These include:

Indices: Allowing clients to trade on the performance of market indices.
Commodities: Enabling investments in physical goods such as oil and gold.
Stocks: Offering opportunities to trade shares of publicly listed companies.
Cryptocurrencies: Providing access to digital currencies, although specific details on the cryptocurrencies available have not been specified.

　　The firm appears to focus on providing tailored investment solutions, although information regarding the frequency of product updates and the introduction of new trading instruments is limited.

Retail and Institutional Services

　　Cashcraft serves both retail and institutional clients, offering personalized services to meet diverse investment needs. The firm may also provide white-label solutions and asset management services, although further details on these offerings are not extensively documented.

4. Trading Platforms and Technology

　　Cashcraft primarily utilizes the MetaTrader 4 (MT4) trading platform, which is widely recognized in the forex trading community for its user-friendly interface and robust trading features. The platform allows traders to access various trading tools, including technical indicators and automated trading options.

Custom Platforms

　　While there is mention of proprietary platforms, specific details regarding the capabilities and features of these platforms have not been disclosed.

Web-based and Mobile Trading

　　Cashcraft offers a web-based trading platform, ensuring that clients can access their accounts and trade from any device with internet connectivity. Additionally, mobile applications for both iOS and Android devices are likely available, providing traders with the flexibility to manage their accounts on the go.

Execution Model

　　The execution model employed by Cashcraft has not been explicitly stated in the available information. However, it is crucial for brokers to adopt transparent execution practices, whether through ECN (Electronic Communication Network), STP (Straight Through Processing), or market-making models.

Technical Infrastructure

　　Details regarding the server locations and technical infrastructure supporting Cashcraft's trading operations are not provided. Adequate infrastructure is essential for ensuring fast and reliable trade execution.

API Access and Automated Trading

　　There is no specific information regarding API access or support for automated trading strategies, which are critical features for many active traders.

5. Account Types and Trading Conditions

　　Cashcraft offers several account types to cater to the varying needs of its clients. However, specific details regarding the conditions of these accounts are not extensively documented.

Standard Account Conditions

Minimum Deposit: The minimum deposit requirement for opening an account has not been disclosed.
Spreads and Commissions: Information regarding the spreads offered and any applicable commissions is not specified.

Advanced Account Types

　　There is no detailed information about advanced account types, such as VIP or professional accounts, that may offer enhanced trading conditions or lower fees.

Special Accounts

　　Details regarding any special accounts, such as Islamic accounts or corporate accounts, are not provided.

Demo Account Policy

　　Information regarding the availability of demo accounts for prospective clients to practice trading is not available.

Leverage Ratios

　　The leverage ratios offered by Cashcraft for different products have not been specified. Leverage is a critical component of forex trading, allowing traders to control larger positions with smaller amounts of capital.

Minimum Trade Sizes

　　The minimum trade sizes applicable to different account types have not been disclosed.

Overnight Fees

　　Details regarding overnight fees or swap rates for holding positions overnight are not provided.

6. Funds Management

　　Cashcraft supports various deposit methods, although specific details regarding the available methods are limited.

Deposit Methods

Bank Transfers
Credit Cards
E-Wallets

Minimum Deposit Requirements

　　The minimum deposit requirements vary by account type, but specific amounts have not been disclosed.

Deposit Processing Times

　　Information regarding the processing times for deposits is not available, which can impact traders' ability to access their funds quickly.

Deposit Fees

　　There is no specific information regarding any fees associated with deposits, which can affect the overall cost of trading.

Withdrawal Methods and Limits

　　Cashcraft provides several withdrawal methods, but details on the specific methods available and any associated limits are not disclosed.

Withdrawal Processing Times

　　The processing times for withdrawals have not been specified, which can be a critical factor for traders needing access to their funds.

Withdrawal Fees Structure

　　Information regarding the structure of withdrawal fees is not available, which could impact the net amount received by clients.

7. Customer Support and Educational Resources

　　Cashcraft offers customer support through various channels, although specific details regarding the availability and responsiveness of these services are not provided.

Support Channels

Phone
Email
Online Chat
Social Media

Service Hours and Time Zone Coverage

　　Information regarding the operational hours of customer support and the time zones covered has not been disclosed.

Multilingual Support

　　Details on the languages supported by Cashcraft's customer service team are not specified, which may impact non-English speaking clients.

Educational Resources

　　Cashcraft may provide educational resources, including webinars, tutorials, and e-books, but specific offerings have not been detailed.

Market Analysis Services

　　There is no information regarding the availability of market analysis services, such as daily market reports or research insights.

Trading Tools

　　Details regarding any trading tools, such as calculators, calendars, or signal services, are not provided.

8. Regional Coverage and Restrictions

　　Cashcraft primarily serves clients in Nigeria, focusing on the local market. However, specific details regarding regional offices and their distribution are not provided.

Major Service Markets

　　The main service market for Cashcraft is Nigeria, where it has established a significant presence in the financial sector.

Regional Office Distribution

　　Information about the distribution of regional offices is not available, which could affect client access to support services.

Countries/Regions Not Accepted

　　Details regarding countries or regions from which Cashcraft does not accept clients have not been specified.

Special Restrictions

　　There are no specific restrictions mentioned regarding the types of clients or accounts that Cashcraft may not accept.

　　In conclusion, while Cashcraft presents a range of financial services and products, the lack of regulation and transparency poses significant risks for potential investors. As with any investment, individuals are encouraged to conduct thorough research and consider the inherent risks before engaging with Cashcraft as a forex broker.

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