CB Investment Services Century Financial Brokers false promises by sales staff of cfb

Century Financial Brokers review: false promises by sales staff of cfb 15

architect2766 of TG

Jul 25, 2012 12:09 pm EDT

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I started with 10, 000 USD equity in April 2012 and within one month went down to 8900 and after assurance from their branch manager I continued but in 2 months time it went down to 6500. I warn people not to get into their false promises it is better to work with other agencies who has stronger fundamentals to take care of your hard earned money. CMC staff is not trained properly.

Century Financial Brokers response

Oct 14, 2017 3:52 am EDT

Century Financial Brokers customer support contacts

Phone numbers

800 2368879

+971 4356 2800

Address

7th Floor, Al Khaleej Center, Al Mankhool Road, Dubai, AE

Website

century.ae

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Respected Madam/Sir,

We have taken a note of the points raised in the complaint (False promises by sales staff of CFB - posted Jul 25, 2012) though it does not contain any specific details of any action, any event or any happenings. Nor the points raised in the complaint have been substantiated with exact and identifiable facts nor have been validated with specific supporting evidences. Nevertheless, we at Century regret any dissatisfaction or any bad experience, if any, by any of our customers for any of the situations that might have propped up without our knowledge and involvement.

We sincerely request you to approach us with the facts over an email, a phone call or through a personal visit or through our website www.centurybroker.com and we assure one of our authorized officials would definitely take up the matter to address your dissatisfaction or alleged irregularity and try to find a solution within the legal framework and by-laws of the company.

However and as the matter has been posted in public domain adversely affecting our image, we take this opportunity to put forward the facts in its right perspective in as much it pertains to our activities or management systems.

Century Financial Brokers LLC (CFB) is a fully licensed and regulated company, continuously operating in UAE for over 28 years with an employee strength of about hundred fully motivated, technically trained and professionally qualified competent persons. All the communications pertaining to relevant businesses are archived. Therefore, we request you to disclose the relevant details and identify the person with whom you had interactions which will prove the authenticity of the events and help us solve the complaint in the proper manner. We have a database of all the customer emails addressed to us and we can pick up the email sent by you containing your allegation that you have lost your money through unauthorized trading by any of our employees.

We strive to provide industry’s best personalized customer service, customer education and training, 24x5 dedicated customer support services to enable the customers get the best out of the service charges that they pay to us. It may be noted that we as a company do not practice any policy of “Lock-in” period enabling the client to withdraw his/her funds at any point of time without any hindrance. Nor we at Century carry out any unauthorized trading activities either on behalf of the clients or in any client account. We do not promise any ROI or Guarantees on any investments or research analysis.

Last but not the least, we do not trade on behalf of the client. The right and power to execute any trade always remains with the client and the client exercises his/her decision without any interference from our side. It is also note worthy to state here that among the thousands of products/solutions that the client has access to, some of them are traded on margin and has the potential to result in losses that can exceed the deposits. However, indulging in the said trade is entirely the sole discretion of the client who is fully made aware of the inherent risks as well as gains. Thus, we as a company do not have the responsibility for any losses nor we take any credit for any gains that the client makes in the market through their own trading activities.

Century acts with complete transparency, full prudence and maximum care towards its clients. Having said this we hereby invite you to contact us and lodge a formal complaint through telephone or email or through our website www.centurybroker.com and we assure prompt and valid resolution of the issues within the legal frameworks and regulatory norms.

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The complaint has been investigated and resolved to the customer's satisfaction.

Keywords:

agencies april assurance branch manager equity fundamentals month people promises time

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15 comments

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john2u

1 comments

john2u of AE

Aug 02, 2012 1:06 am EDT

Its scary, I was about to invest in Century brokers . Wt about MMA forex company.?

mhw25

1 comments

mhw25 of US

Oct 09, 2012 5:41 pm EDT

Verified customer

i have invested with mma forex for past couple 2 months i am getting my profits as promised hope fully it will stay the same.

visitorr

1 comments

visitorr of AE

Oct 10, 2012 8:05 am EDT

If akram can post the statement then this dispute can be clearly understood. Unfortunately 95% traders around the world loss their hard earned money. There is a certain way to be successful in forex industry if strategy is based on fixed logic with historical verification. We can assist to earn professionally. Here is a link www.trade-council.com to consult financial matters particularly mathematical based trading sysems. All problems like above arises due to flopped trading strategies

anonymous 1251981

1 comments

anonymous 1251981 of AE

Nov 04, 2012 10:13 pm EST

Its getting weirder every month where Mr.Naureed is posting his pics on his twitter account @NAUREED with private jet with fake stickers which anyone can charter to horses which u can find in old nad al sheba race course which he is going to race in south african derby to his ferrari with blue export number plate (not yet registered in uae) to his failed attempt to launch mma radio and social networking site mma konnect and mma airline which was soon to launch from Ras al khaimah (UAE) but never took off and not to mention mma fashion with silly name of champakali to his mma bank which merged with mma forex afterwards plus posting comments about his new launch of mma mobiles (seriously ) with poor investors money and the list doesn't end from the month of may 2012 till September 2012 they have changed their payment methods like at least 4 times from banks not accepting our payments of really big amounts to take it cash from branch then to moving it to every second month.
And still if ur interested have a look at all the interviews which Mr Nuareed has given on various TV channels and if ur lucky u will be able to find a person who is running a multi billion dollar firm on his own(which i doubt by looking at his confidence) with out giving a single satisfactory answer for a question.

expat1971

1 comments

expat1971 of AE

Dec 08, 2012 9:51 am EST

Verified customer

Dear all
Please note Mma forex company operated in Dubai is fraud! Please be aware I hv lost 40000 dhs. The operators are Pakistanis and ready to face anything to take away our money. I am going to complain in quises police station please join with me. Thanks

crazy2012

1 comments

crazy2012 of AE

Dec 10, 2012 2:38 pm EST

Dear expat1971,
Please get in touch with me at towerquote@gmail.com to discuss more about MMA Forex. Thanks

Imtiaz rasool

1 comments

Imtiaz rasool of AE

Dec 11, 2012 5:24 pm EST

Dear All, thanks so much, I was about to invest $500000, as I had an impression that this company have a one trillion dollars turn over each month

dubaicare

1 comments

dubaicare of AE

Dec 12, 2012 4:12 pm EST

I think you have lost NOT because for any broker, You must have lost because of your Greediness and mistakes. Margin Trading is a Risky Business, no body guarantees, haven't you read the disclaimer.

Abdullah ashfaq

2 comments

Abdullah ashfaq of AE

Dec 13, 2012 7:45 am EST

Verified customer

so finally MMA is behind bars... need great courage to hit them like that because if you will se its all fake... every single thing they pretend is fake... guys we need to share contacts incase anything happen so we can be in touch.. i am a govt employee and living here in dubai.. any one interesting in sharing please contact me you can find my contact in my profile.. thanx

Anonymous1234566

1 comments

Anonymous1234566 of TH

Dec 13, 2012 11:54 pm EST

Its time we expose them out.We need to know if he is running some pyramid scheme, collects money from people and then fools around.Her wife is not revealing anything on social media, its time she informs people.

Abdullah ashfaq

2 comments

Abdullah ashfaq of AE

Dec 14, 2012 1:36 am EST

Verified customer

guys we need to share info together.. here is my email... faadi20@gmail.com

smart72

1 comments

smart72 of AE

Dec 17, 2012 12:50 pm EST

Share you contact details

sher khann

1 comments

sher khann of AE

Feb 14, 2013 6:25 pm EST

Hi Guy's
I invested with century brokers and had really good results. 5 to 7 % return im getting on monthly basis
which is really good. but their are some month which they don't give nothing because of market uncertainty. but im happy with them.

mansoorali

1 comments

mansoorali of AE

Apr 08, 2013 1:19 am EDT

Verified customer

Century financial brokers are simply not capable..they may be doing something which is not realistic. I had invested 10, 000.00 us dollar, it went to less than 5000.00 suddenly and now at 3900 US$..i fought with them for many days and and was promised that they will get it returned. But nothing happens.hey too are frouds as i believe...i have to see now how i can complain about them...any one out there thinking about investment i would suggest only in DFM or national bonds...

Thanks...mansoor dubai...

Ibrahimdxb

3 comments

Ibrahimdxb of AE

Jul 31, 2013 6:56 am EDT

Verified customer

I am surprised to read all stories that how come everyone is so simple and NO NOTHING. OR might be all are innocent people

There were many illegal companies and there are many companies but remember the following;

Always check trade license copy and if you want to trade Forex, Commodities or Stocks trading then there are two Major Regulatory Authorities and these are;

1. The Central Bank of UAE for trading in Int’l Financial Markets: Forex, Commodities & Stocks trading etc
2. Dubai Gold & Commodities Exchange (DGCX) for trading in DGCX only and not Int’l Financial Markets

Now there are many companies who only have Economic Dept Trade License from Dubai or Abu Dhabi and no other license but still people blindly invest and later on cry loud and shout. If you have invested with such company then you should report the matter to Economic Dept Compliance and also to Police and tell them that this company does not have proper license and they deceitfully fooled you and took your money. Always keep your money deposit slip and account opening form copies and submit with your complaint

If Central Bank of UAE licensed company provides you DGCX platform then you should check their both license
1. Central Bank of UAE license 2. DGCX license

If DGCX licensed company provides you Int’l Financial Markets platform then you should check their both license
1. DGCX license 2. Central Bank of UAE license

In both conditions if any of the company fail to provide you license copy then directly report the matter to their licensing authority or to Police or to Niaba regarding that company LICENSE VIOLATION and also they took your money deceitfully

Many people don’t want police or court trouble so don’t report them but you must report to their licensing authorities and it will take only few minutes. You can send the complaint letters through emails or Fax or by post

Never write companies names on social media through Internet because they can sue you for defamation. You are a sufferer and then you will suffer more because you did not take action on right time thorough right Dept but they may

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Century Financial Brokers phone numbers

800 2368879
800 2368879

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+971 4356 2800
+971 4356 2800

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7th Floor, Al Khaleej Center, Al Mankhool Road, Dubai, United Arab Emirates

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