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CSLS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://cslportal.fcmb.com/apex/f?p=500:LOGIN_DESKTOP, about the company's legal and temporary regulatory information, the company's address 4th Floor, First City Plaza, Marina P.O.Box 9117, Lagos State, Nigeria.

CSLS Forex Broker

Basic Information

Registered Region
Nigeria
Operating Period
--
Company Name
CSL Stockbrokers Ltd
Abbreviation
CSLS
Company employee
--
Customer Service Email Address
cslservice@fcmb.com
Contact Number
+2340127139204
Company address
4th Floor, First City Plaza, Marina P.O.Box 9117, Lagos State, Nigeria
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

CSLS Basic Information Company Name CSLS Founded 2009 Headquarters Nigeria Regulations Not regulated Products and Services Institutional Sales & Trading, Individual & Private Client Services, Corporate Finance, Corporate Broking, Investor Relations Fees Lower brokerage commissions Customer Support Phone: 01-2713920-4, Email: cslservice@fcmb.com, cslcsu@fcmb.com Education Resources Research reports, periodicals on capital markets, politics, economics, and general news, weekly, quarterly, and annual investment strategy products, bespoke research reports Overview of CSLS CSLS, founded in 2009 and headquartered in Nigeria, offers a range of financial services catering to both institutional and individual clients. Despite not being regulated by any recognized financial authority, CSLS provides services such as institutional sales and trading, individual and private client services, corporate finance, corporate broking, and investor relations. The company's focus on research-oriented, investor-focused solutions has earned it a reputation for providing comprehensive and unbiased intelligence on the Nigerian and Sub-Saharan African investment and economic landscape. However, its unregulated status raises concerns about the safety and security of funds, as well as the transparency of its business practices. Is CSLS Legit? CSLS is not regulated by any recognized financial regulatory authority. As an unregulated broker, it operates without oversight from regulatory bodies that are responsible for ensuring compliance with industry standards and protecting the interests of traders. This lack of regulation raises concerns about the safety and security of funds, as well as the transparency of the broker's business practices. Pros and Cons While CSLS offers a diverse range of financial services catering to both institutional and individual clients, its unregulated status poses significant risks for traders and investors. On the positive side, CSLS provides comprehensive research reports and offers relatively lower brokerage commissions for equity trading. However, the lack of regulation raises concerns about the safety of funds and the transparency of the broker's operations. Traders should carefully weigh the potential benefits against the risks associated with trading with an unregulated broker before making investment decisions. Pros Cons Comprehensive research reports Unregulated status Relatively lower brokerage commissions Lack of oversight and regulation Products and Services CSLS offers a range of financial services, including institutional sales and trading, individual and private client services, corporate finance, corporate broking, and investor relations. How to Open an Account To open an account with CSLS, follow these steps. Visit the CSLS website. Look for the “OPEN AN ACCOUNT” button on the homepage and click on it. Complete and submit your application by uploading digital copies of the following documents: Utility Bill Means of ID Signature specimen Select the type of account you wish to open, such as a personal account. Fees CSLS charges relatively lower brokerage commissions for equity trading conducted through their online and mobile trading applications. They offer instant fund transfers and provide access to trade in all shares listed on the Nigerian Stock Exchange, with a start-up capital requirement of #20,000 for a new online account. Customer Support CSLS customer support can be reached at their office address on the 4th Floor, First City Plaza, Marina, P.O.Box 9117, Lagos State, Nigeria. You can also contact them by phone at 01-2713920-4 or via email at cslservice@fcmb.com or cslcsu@fcmb.com. Educational Resources CSLS provides educational resources like research reports covering the Nigerian and Sub-Saharan African investment and economic landscape, including periodicals on capital markets, politics, economics, and general news, along with weekly, quarterly, and annual investment strategy products and bespoke research reports. Conclusion In conclusion, CSLS offers a range of financial services and benefits such as comprehensive research reports and relatively lower brokerage commissions. However, its unregulated status raises significant concerns about the safety of funds and the transparency of its operations. Traders and investors should approach CSLS with caution, weighing the potential benefits against the risks associated with trading with an unregulated broker. FAQs Q: Is CSLS a regulated broker? A: No, CSLS is not regulated by any recognized financial regulatory authority. Q: What products and services does CSLS offer? A: CSLS offers institutional sales and trading, individual and private client services, corporate finance, corporate broking, and investor relations. Q: How can I open an account with CSLS? A: To open an account with CSLS, you can visit their website and follow the instructions for account opening, including uploading required documents such as a utility bill, means of ID, and signature specimen. Q: What are the fees associated with trading with CSLS? A: CSLS charges relatively lower brokerage commissions for equity trading conducted through their online and mobile trading applications. They also offer instant fund transfers and provide access to trade in all shares listed on the Nigerian Stock Exchange. Q: How can I contact CSLS customer support? A: CSLS customer support can be reached at their office address on the 4th Floor, First City Plaza, Marina, Lagos State, Nigeria. You can also contact them by phone at 01-2713920-4 or via email at cslservice@fcmb.com or cslcsu@fcmb.com. 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.

CSLS broker review

Is CSLS safe or scam

Rating Index

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CSLS Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.17, Software Index 4.00 Risk Control Index 0.00.