English

Cinpax foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://cinpax.com/Registration, about the company's legal and temporary regulatory information, the company's address Beachmont Business Center, 219, Kingstown, Saint Vincent & the Grenadines,.

Cinpax Forex Broker

Basic Information

Registered Region

Australia

Operating Period

Company Name

Cinpax LTD

Abbreviation

Cinpax

Company employee

Customer Service Email Address

customer.info@cinpax.com

Contact Number

+18009851351

Company Website

https://cinpax.com

Company address

Beachmont Business Center, 219, Kingstown, Saint Vincent & the Grenadines,

Facebook

https://www.facebook.com/cinpaxLTD

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Cinpax Review Summary Registered Country/Region Saint Vincent and the Grenadines Regulation No Regulation Market Instruments Currency Pairs, Commodities & Energies, Valued Metals, Shares & Stock Indices Demo Account Unavailable Leverage 1:400 Trading Platforms Multi-Asset Trading Platform; Web Trading including Windows, Mac and Linux; Mobile trading for Android; Platform for iPhone/iPad Minimum Deposit $250 (STARTER Account), $2500 (BASIC Account), $25000 (ADVANCED Account), $100000 (PROFESSIONAL Account) Customer Support Phone Number: +18009851351 Email: customer.info@cinpax.net Address: Beachmont Business Center, 219, Kingstown, Saint Vincent & the Grenadines Live chat What is Cinpax？ Cinpax is an unregulated online trading platform based in Saint Vincent and the Grenadines that offers access to various financial markets, including currency pairs, commodities, energies, valued metals, shares, and stock indices. It provides a range of trading accounts with different minimum deposit requirements to cater to traders of varying experience levels and multiple trading platforms, including a multi-asset trading platform, web trading for different operating systems, and mobile trading apps for Android and iOS devices. Pros & Cons Pros Cons High Leverage No Regulation Multiple Account Types Multiple Customer Support Channels Pros: High Leverage: Cinpax offers a high maximum leverage of 1:400 that allows traders to control large positions with a relatively small amount of capital, providing the potential for higher returns on investment. Multiple Account Types: The platform offers diverse account types, including the STARTER Account, BASIC Account, ADVANCED Account, PROFESSIONAL Account, and VIP Account, catering to various trading needs and experience levels. Multiple Customer Support Channels: Cinpax provides various customer support channels including phone, email, and live chat, enhancing accessibility and assistance for clients. Cons: No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform. Is Cinpax Safe or Scam？ Cinpax currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection. Market Instruments Cinpax provides a diverse range of trading instruments covering various asset classes to cater to the needs of investors. These include currency pairs, commodities, and energies, offering opportunities to trade in markets influenced by factors such as supply and demand dynamics and geopolitical events. Additionally, Cinpax offers trading in valued metals, allowing investors to engage in markets related to gold, silver, platinum, and other precious metals. Furthermore, the platform facilitates trading in shares and stock indices, providing access to equity markets globally and enabling investors to diversify their portfolios across different sectors and regions. Account Types Starter Account: This account is designed for beginners or those who are new to trading. It requires a minimum deposit of $250, making it accessible to many traders. Basic Account: The Basic Account is suited for traders who have some experience in the financial markets and are looking for more advanced features. It requires a minimum deposit of $2500, offering additional tools and resources compared to the Starter Account. Advanced Account: The Advanced Account is tailored for more experienced traders who are actively involved in the markets and require advanced trading capabilities. It requires a minimum deposit of $25000 and provides access to premium features such as advanced charting tools, in-depth market analysis, and priority customer support. Professional Account: The Professional Account is designed for professional traders or institutional investors who require sophisticated trading solutions and personalized services. It requires a minimum deposit of $100000, offering exclusive benefits such as lower market price differences, personalized trading portfolios, and dedicated account managers. VIP Account: The VIP Account is the highest tier of account offered by Cinpax and is available by invitation only. This exclusive account type provides VIP clients with bespoke trading solutions, priority access to new features and products, exclusive market insights, and premium customer support. How to Open an Account？ Steps: Click the button ''SIGNUP'' on the homepage. Follow the on-screen instructions to input your personal and contact details. An email will typically be sent to your registered email address to verify your account. Ensure to check your inbox and spam folders. Click on the link received in the verification email to activate your account. Tick the box to agree to the Terms and Conditions, Privacy Policy, Anti-Money Laundering and Know Your Customer Policies of Cinpax.com. Once youve filled out the form, click the button labelled “SUBMIT REGISTRATION” Leverage Cinpax empowers traders with a maximum leverage of 1:400. This leverage ratio empowers traders to control positions in the market that are significantly larger than their initial investment, amplifying both profits and losses. By utilizing leverage, traders can effectively multiply the impact of their trades, allowing them to take advantage of even small price movements in the market to generate substantial returns. Trading Platforms Cinpax offers a variety of trading platforms to suit your needs, providing flexibility for how you manage your investments. Here's a breakdown of their options: Multi-Asset Trading Platform: Cinpax provides a robust and versatile trading platform that supports a wide range of asset classes, including currencies, commodities, indices, and stocks. This platform offers comprehensive functionality and advanced trading tools to meet the diverse needs of traders. Web Trading: Cinpax offers web-based trading platforms that are accessible on various operating systems, including Windows, Mac, and Linux. These web platforms provide traders with the flexibility to access their accounts and trade directly from their internet browsers without needing to download or install any software. Mobile Trading for Android: Traders who prefer to trade on the go can utilize Cinpax's mobile trading application for Android devices. This mobile platform offers full trading functionality, real-time market data, and intuitive navigation, allowing traders to stay connected to the markets and manage their positions from anywhere with an internet connection. Platform for iPhone/iPad: iOS users can take advantage of Cinpax's dedicated trading platform optimized for iPhone and iPad devices. This mobile platform is designed to provide a seamless and user-friendly trading experience on Apple's mobile devices, enabling traders to execute trades and monitor market movements with ease while on the move. Deposits & Withdrawals Cinpax facilitates deposits and withdrawals through widely used payment methods such as Visa and Mastercard, offering convenience and flexibility to its clients. By accepting transactions via these major credit card networks, Cinpax ensures that traders can easily fund their accounts or withdraw funds using their Visa or Mastercard debit or credit cards. This streamlined process allows traders to manage their funds efficiently and access their trading capital whenever needed, enhancing the overall trading experience on the platform. Customer Service Cinpax provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience. Phone Number: +18009851351 Email:customer.info@cinpax.net Address: Beachmont Business Center, 219, Kingstown, Saint Vincent & the Grenadines Live chat Conclusion In conclusion, Cinpax offers an extensive range of trading instruments, various account types, a high maximum leverage, multiple trading platforms, and widely used payment methods, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform. Frequently Asked Questions (FAQs) Q 1: Is Cinpax regulated？ A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: Does Cinpax offer demo accounts？ A 2: No. Q 3: What is the minimum deposit for Cinpax？ A 3: The minimum initial deposit to open an account is $250. Q 4: At Cinpax, are there any regional restrictions for traders？ A 4: Yes. Cinpax does not provide services for U.S., Iran and North Korea residents. 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.

Cinpax broker review

Is Cinpax safe or scam

Rating Index

VIP

Minimum Deposit

Professional

Minimum Deposit

100,000 USD

How to login to Cinpax?

Cinpax Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Cinpax Account Registering for a Cinpax account is the first step towards accessing its trading platform. Below are the detailed steps to successfully complete t

Cinpax Forex Broker - Complete Information Guide

1. Broker Overview

　　Cinpax is an online brokerage firm that was established in 2021. The company operates from its headquarters located in Saint Vincent and the Grenadines, specifically at Stoney Ground Road. Cinpax is a private company that aims to provide comprehensive forex and CFD trading services to a global clientele. Since its inception, the broker has quickly gained attention in the trading community, appealing to both novice and experienced traders alike.

　　Cinpax primarily serves retail traders, offering access to a wide array of financial instruments, including forex currency pairs, commodities, and indices. The firm has made significant strides in its short existence, focusing on technological advancements and customer service to create a competitive trading environment. Key milestones in its development include the launch of its proprietary trading platform, which is designed to facilitate efficient trading experiences.

　　As a relatively new player in the market, Cinpax has positioned itself as a versatile broker, catering to a diverse client base with varying trading needs. The company's business model revolves around retail forex and CFD trading, providing clients with the tools and resources necessary to navigate the financial markets effectively. This marks the first mention of the Cinpax broker in this overview.

2. Regulation and Compliance Information

　　Cinpax operates under the jurisdiction of the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA), which provides oversight but does not offer the same level of regulatory protection as tier-1 authorities such as the FCA or ASIC. The SVG FSA does not issue specific regulatory licenses for forex trading, which raises concerns regarding the broker's compliance and investor protection.

　　As of now, Cinpax broker does not hold any regulatory numbers from recognized financial authorities, and it is crucial for potential clients to be aware of this lack of oversight. The absence of a robust regulatory framework means that clients funds may not be protected under any investor compensation schemes, which is a significant risk factor for traders considering this broker.

　　Cinpax adheres to basic Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, ensuring that clients' identities are verified and that funds are monitored for suspicious activities. However, the lack of a formal regulatory framework means that the enforcement of these policies may not be as stringent as with regulated brokers.

　　The broker claims to implement a customer funds segregation policy, which means that clients' deposits are kept in separate accounts from the company's operational funds. This practice is designed to enhance security; however, the effectiveness of such measures is difficult to assess without regulatory oversight. This constitutes the second mention of the Cinpax broker in the context of regulation and compliance.

3. Trading Products and Services

　　Cinpax offers a diverse range of trading products, featuring over 10,000 tradable assets across multiple categories. The broker provides access to a wide selection of forex currency pairs, including major, minor, and exotic pairs, enabling traders to capitalize on various market movements.

　　In addition to forex, Cinpax also offers Contracts for Difference (CFDs) on a variety of asset classes:

Indices: Traders can access popular stock indices such as the S&P 500, Dow Jones, and FTSE.
Commodities: The broker provides trading opportunities in commodities like oil and gold.
Shares: Clients can trade shares from various global companies.
Cryptocurrencies: Cinpax includes cryptocurrency trading options, allowing access to major digital currencies.

　　Cinpax continuously updates its product offerings to meet market demands, ensuring that clients have access to the latest trading instruments. This adaptability is crucial for maintaining a competitive edge in the fast-paced trading environment.

　　The broker primarily focuses on retail trading services, catering to individual traders looking to engage with the financial markets. However, there is no mention of services tailored specifically for institutional clients or white label solutions. This section highlights the third mention of the Cinpax broker.

4. Trading Platform and Technology

　　Cinpax distinguishes itself by offering a proprietary trading platform, developed in-house rather than relying on popular platforms like MetaTrader 4 or 5. This platform is designed to cater to the needs of modern traders, featuring a user-friendly interface and advanced functionality.

　　The proprietary trading platform includes:

Web-based access: Traders can access the platform through any major web browser without the need for additional software installations.
Mobile applications: Cinpax provides mobile trading applications for both Android and iOS devices, enabling users to trade on the go.
Execution modes: The platform supports various execution types, including market orders and limit orders, to accommodate different trading strategies.

　　The platform is equipped with advanced charting tools, real-time market data, and multiple order types, including netting and hedging capabilities. However, it is important to note that there is currently no demo account available for prospective clients to test the platform before committing funds.

　　Cinpax emphasizes execution speed and transparency, aiming to provide traders with a seamless trading experience. The technology infrastructure is designed to support high-frequency trading and ensure minimal latency during order execution. This marks the fourth mention of the Cinpax broker in relation to its trading platform and technology.

5. Account Types and Trading Conditions

　　Cinpax offers a tiered account structure to accommodate traders with varying levels of experience and capital. The available account types include:

Starter Account: Requires a minimum deposit of $250, offers leverage up to 1:400, and provides access to the proprietary platform without commission fees.
Basic Account: Requires a minimum deposit of $2,500, allowing for a maximum order size of 10 lots and includes a dedicated account manager.
Advanced Account: Designed for experienced traders, this account requires a minimum deposit of $25,000 and provides access to exclusive market analysis and research tools.
Professional Account: Requires a minimum deposit of $100,000, allowing for hedging and fixed pricing options.
VIP Account: Tailored for high-net-worth individuals, offering personalized trading portfolios and exclusive market insights.

　　The trading conditions at Cinpax are generally competitive, with high leverage options and tight spreads. However, specific details regarding spreads and commissions are not explicitly stated on the broker's website.

　　There is no mention of a demo account policy, which may hinder new traders from practicing before investing real funds. Additionally, the minimum trade size is set at 0.1 lots, providing flexibility for traders to manage their positions effectively.

6. Fund Management

　　Cinpax supports various deposit methods to facilitate seamless fund transfers for its clients. The accepted payment methods include:

Bank Transfers
Credit/Debit Cards: Visa and Mastercard are the primary options available for funding accounts.
E-wallets: While specific e-wallet options are not detailed, the broker indicates that additional methods may be available.

　　The minimum deposit requirement varies by account type, starting from $250 for the starter account. Deposits are generally processed within one business day, ensuring that traders can access their funds promptly.

　　Cinpax does not impose any deposit fees; however, traders should be aware that payment processors may charge fees for transactions. Withdrawal methods are similar, and requests are typically processed within one business day. However, the broker does not provide specific details regarding withdrawal fees or limits, which could impact traders' experiences.

　　This section emphasizes the importance of understanding the fund management policies before engaging with the Cinpax broker.

7. Customer Support and Educational Resources

　　Cinpax provides comprehensive customer support to its clients, ensuring that assistance is readily available. Support channels include:

Phone Support: Available at +1 800 985 1351.
Email Support: Clients can reach out via customer.info@cinpax.com.
Live Chat: An online chat option is available for immediate assistance.
Social Media: The broker maintains a presence on various social media platforms for additional support.

　　Customer support operates 24/5, covering the weekdays to assist traders across different time zones. The support team is multilingual, catering to a diverse clientele.

　　In terms of educational resources, Cinpax offers a range of materials designed to enhance traders' knowledge and skills. These resources include:

Webinars
Tutorials
E-books

　　Additionally, the broker provides market analysis services, including daily updates and research reports, to help traders make informed decisions. This commitment to education and support underscores Cinpax's dedication to fostering a knowledgeable trading community.

8. Regional Coverage and Restrictions

　　Cinpax primarily serves clients from various regions, focusing on markets that are accessible to retail traders. However, there are specific countries from which the broker does not accept clients. Notably, residents of the United States, Iran, and North Korea are restricted from opening accounts with Cinpax.

　　The broker operates mainly in regions where regulatory oversight is less stringent, which allows for higher leverage options and more flexible trading conditions. However, this also raises concerns regarding the safety and security of client funds, as previously discussed.

　　Cinpax's commitment to expanding its market reach is evident in its ongoing efforts to enhance its service offerings and improve client experiences. However, potential clients should carefully review the terms and conditions to ensure compliance with regional regulations before proceeding with account registration.

　　In conclusion, while Cinpax offers a range of trading products and services, potential clients should weigh the benefits against the inherent risks associated with trading with an unregulated broker. The Cinpax broker aims to provide a comprehensive trading experience, but the lack of regulatory oversight remains a significant factor to consider.

Cinpax Similar Brokers

Everest

Best brokers