Is CentroFX safe to deposit? Is it a trustworthy Forex broker?


Please note that Hercules Finance is no longer introducing "CentroFX" due to regulatory reasons.

CentroFX is another Forex brand managed by “R Capital Solutions Ltd” in Cyprus. In last several years, the company has founded more than a few Forex brokers including Axiory, Tradeberry and MXTrade.

Although Tradeberry and Axiory are still under the company, MXTrade is managed by another company as the brand has been sold. (October 2016)

R Capital Solutions Ltd with history

Now that the company is managing several Forex brands for years, you can get rid of a possibility that the company might be trying to “SCAM” investors by gathering funds and running away.

CentroFX is relatively a new Forex broker founded in 2016 though, the broker has been expanding its market by hiring more staffs and improving the services.

CySEC regulated

CySEC is one of the major financial authorities in the world, wich the largest number of registration of Forex brokerage companies.

As R Capital Solutions Ltd is licensed by CySEC, the company is following the directive of MiFID and also a member of ICF(Investors Compensation Funds).

It is another reason that investors can trust CentroFX for its service.

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