Century Financial Bewertungen 31

My experience with Century Financial started off positively with good profits, but it quickly turned around, especially during market volatility and when I tried to withdraw funds.

I was assigned an investment advisor-Tushar Sharma, and a relationship manager-Kajal Dixit. Communication during critical moments was often delayed or unavailable, making it hard to make informed decisions.

When I tried to withdraw money, I faced repeated calls and messages from Kajal pressuring me not to proceed, emphasizing risks in a way that felt manipulative. Over 3 months, I lost $45,000 in my CFD account. Even after this, Kajal continued reaching out to me about new investments, which added unnecessary stress.

Kajal Dixit also spoke negatively about other investment companies, including two I had personally invested through, which felt unprofessional. Tushar also repeatedly downplayed alternative investment options like real estate, suggesting my funds were “too small” and dismissing the value of my money and financial goals.

In addition, I noticed manipulative practices with spreads, costs, and holding charges. Fees were often set above market rates, and holding costs were randomly increased without notice. When I raised questions, they were temporarily lowered to correct rates, only to be increased again later. This pattern of wrongful charges felt deceptive and unfair.

Kajal did not process my referral bonus for referring a friend to the company, despite follow-ups, which further added to my dissatisfaction with their service and accountability.

Overall, the advisory support felt pushy, dismissive, and manipulative. I would strongly advise anyone to carefully evaluate how advisors communicate and handle costs, especially during market downturns or withdrawal requests. Clear, transparent, and professional conduct is essential in financial services.

It was a piece of cake to deposit, but a nightmare to withdraw. CLOTTER ~~>WAVES was instrumental in resolving the problem.

I opened a CFD trading account with Century Financial with an initial deposit of $5,000. At the beginning, I was not clearly informed about certain aspects of the fee structure, particularly holding costs, which later had a significant impact on my account.

During the first month, I saw positive returns after increasing my investment to $10,000. Based on this experience, I added an additional $50,000. However, after this point, my experience changed significantly. I was guided into high-risk leveraged trades that resulted in substantial losses. Several positions were hedged in a way that locked in losses exceeding $30,000.

I also began incurring holding costs of over $200 per day, which added up quickly and was not something I had fully understood at the outset. In my experience, stop-loss strategies were rarely suggested, and instead hedging was used frequently. This resulted in funds being tied up across multiple positions for extended periods.

I was also advised to transfer approximately $40,000 from a stock cash account into CFDs. These funds became tied up in multiple hedged trades, and eventually the account was liquidated following a market downturn. Over a period of about five months, my total losses exceeded $100,000.

I worked with an investment advisor named Kunal Jadhav and a relationship manager named Kajal Dixit. During my interactions, I was asked about how much total funds I had available, which I personally found uncomfortable and not aligned with my expectations of professional conduct.

There was also an instance during a meeting where client situations were discussed in a way that I found concerning. In particular, I recall a situation being described where a client continued to hold a position based on prior guidance, and this was spoken about in a light or joking manner, which made me uncomfortable.

Additionally, I experienced frequent communication encouraging me to deposit more funds, sometimes with urgency tied to potential market movements or risks. Some of this communication extended beyond what I would consider typical professional boundaries.

There were also instances where communication from the relationship manager extended into non-work-related topics, including personal conversations and invitations to meet outside a professional setting. I was also contacted via personal mobile numbers. This blurred professional boundaries and made me uncomfortable in the context of a financial advisory relationship.

Overall, this experience highlighted for me the importance of fully understanding leveraged products like CFDs, including fees, holding costs, and risk exposure, and carefully evaluating advisory relationships before committing significant capital.

This company makes a deal w you for a fee amount and then they try to extort money after original agreement
To me it’s like a legit scam so be careful when consolidating debt and find a company that stays true to their word.
I would not recommend this company and I am exploring legal actions towards them so they don’t scam me from my original agreement

What a disappointing experience, I've been a client for some time and took a break from trading, when I came back everything had changed, withdrawals getting canceled for no reason and now the same withdrawal declined for no reason, account verified and nothing has changed from all the transactions I've previously made bit not this time, $90500 withdrawal getting declined and rejected for no good reason

I have loaded 5 withdrawals of the same amount, all canceled because processing failed and no other explanation, they keep telling to reload the withdrawal, only to cancel or reject it
For months, I honestly thought my money was gone forever. Then a friend referred me to a company that specializes in tracing lost. I was skeptical, but they explained every step, kept me updated, and handled everything professionally.
It was a huge relief. I can’t describe the feeling of seeing my money back after thinking it was lost.

Century Financial team always makes me feel heard and valued. They’re quick to answer questions and genuinely want to help. Using their platform is easy. I've had a smooth, positive experience every time

worst experience ever, dont even try to go with the company ..its fraud

Important.AFTER PREVIOUS SUCCESSFUL ACTION , THERE IS AN ONGOING CLASS ACTION AGAINST THEM. CONTACT OAKM ONTGUARD.

I was approached by a Century Financial staff member along with an associated agent, encouraging me to invest. I invested USD 100,000 based on their assurances. Unfortunately, the trades on my account quickly resulted in significant losses, and my entire investment was gone in under 4 months. The fees charged by the broker were also exorbitantly high and one of the highest I have ever come across.

I later obtained official records from India showing serious allegations against the agent. This raised major concerns about the credibility of those managing my investments.

Despite multiple requests, Century has not provided the detailed trade records I specifically asked for. Based on my personal experience, I recommend that potential investors thoroughly verify all parties before committing funds.

I contacted Century Financial because I was interested in trading under their UAE license, which is well-known and respected. However, I was disappointed to learn that they only offer UAE-regulated accounts to individuals who have a valid UAE residence visa. This wasn’t clearly mentioned upfront, which led to some wasted time and effort.

That said, they do provide an offshore account option for clients who are not UAE residents. While it’s good that this option exists, it doesn’t offer the same regulatory strength or appeal as a locally regulated account.

The support team was professional and quick to respond, but I wish the eligibility requirements were clearly communicated from the start.

Advice:
If you're looking specifically for a UAE-regulated trading account, make sure you have valid UAE residency. Otherwise, ask for full details about the offshore account before proceeding.

A Word of Caution Regarding Trading with Century Financial and Reliance on Their Advisors
This serves as a personal account and a word of caution for individuals considering trading with Century Financial. My experience highlights the critical importance of conducting thorough independent research and exercising extreme caution when relying on advisors provided by this firm.
Having entrusted Century Financial with my investments, I was assigned an advisor named Kunal. Regrettably, the advice and guidance I received led to the complete loss of my investment capital, amounting to $15,000. This outcome underscores a fundamental principle that all investors must recognize: ultimately, you are responsible for your own financial decisions. Blind trust in any advisor, regardless of the institution they represent, can have severe financial consequences.
Furthermore, my experience revealed a lack of transparency regarding the fees associated with holding investments. I was not informed of these "holding charges" either before or during the investment process. The absence of clear and upfront communication about all potential costs is a significant concern for any investor.
While this is a personal account, it serves as a stark reminder of the necessity for investors to:
* Conduct independent due diligence: Never rely solely on the advice of a single individual or firm. Research investment strategies and potential risks thoroughly.
* Question everything: Do not hesitate to ask detailed questions about investment recommendations, associated fees, and the potential downsides.
* Demand transparency: Ensure all fees and charges are clearly disclosed and understood before committing any capital.
* Take ownership: Ultimately, your financial well-being rests on your own understanding and decisions.
In conclusion, while Century Financial may offer trading services, my experience strongly suggests that investors proceed with extreme caution, prioritize their own research, and demand complete transparency regarding all aspects of their investments. Trusting no one blindly with your hard-earned money is a crucial lesson I learned at a significant personal cost.

Avoid scam company!!! My savings would have been gone if not for the details in my header helped in retrieving my refund of £10000 back from scam company

I am writing down my personal experience I had with century financial UAE, If you are planning to open an account or invest with century financial please read it till the end and I really hope it would help someone.
When I opened my account I was alloted a relationship manager with whom I was supposed to co-ordinate and based on my investments I even received a personal adviser who was supposed to help me invest, I said my advicer" I don't want to take up risky trades all I want is to gradually get returns on my investments even if it is a small returns or even if I don't trade for days it's not a problem but we will only take up trades which are not risky or trades which doesn't risk my capital" I had no much knowledge about trading.. My advicer assured me and promised me that everything is gonna be ok and he had 10 years of experience of helping people like me.
Initially the trading part went well after which my advicer came to me asking for more investment which I did not entertain. Later he asked me to buy a bunch of trades after which I started seeing drastic drop and losses in my trade and capital. Speaking to my relationship manager I understood all the trades I had placed was a edgy trade and most of the trade had no hopes to recover. I observed the pattern in few of the trades where he had bought and sold the same trade at the same time in such case the trade will head in one direction and the other trade in the opposite direction would be in loss and century financial will charge you on a daily basis for holding on to a trade by getting into such shallow trades I have been in such trades for months just benefitting century financial and I have lost a lot of capital I have almost lost $14,889 which is roughly AED 54,000. My RM just vanished after which I got to know he had resigned and my advicer adviced me to pump in more capital for which I denied. In my case I lost this money because I trusted Century financial UAE and the advisor. My suggestion would be Trade only if you have your own knowledge in trading and you know what you are getting into. Thank you.

I had signed up with Century Financial to help me start my journey as an investor. I informed them clearly that I have long term and short term goals to save for my daughter Uni fees and then my retirement.
And they assured me that the investment advisors will recommend trades that will help me achieve this. I transferred savings from last 3 years to their account to start trading.
advisors gave me instructions to trade, when I asked what this is for and how it will help me, they gave me vague answers and asked me to just take the trades.
when I asked advisor about long term portfolio building trades she was clueless and pawned me off to someone else or ignored completely.

long story short - today the value of my account is 7%-8% of what I had started with, lost 92% of my savings, leave alone savings they even wiped out what I had managed to save in 3 years.

They should have taken my requirements into account and carefully developed an investment plan to meet my needs and assigned advisors who were capable to helping build my future savings.

This flatform is very good to use easy to understand

Really good app and easy to access

Excellent App and platform

Very nice platform

When I shifted from India to Dubai, I was approached by a ton of brokers who offered to help me with my investment. I chose Century Financial because they were hospitable and knowledgeable. Being a long term client, Century's services and customer support has only made me appreciative of their offerings. Highly recommend for everyone!