CFreserve Review

Scammed by CFreserve? If so, we may be able to help you. Our expert team will know if there is a way to assist you. File A Complaint today by filling the form below and get a free consultation today.

CFreserve Review

🔴 CFreserve services are questionable – a warning sign!

🔴 CFreserve isn’t licensed – a red flag!

🔴 CFreserve isn’t transparent – a red flag!

🔴 CFreserve creates unrealistic expectations – a red flag!

What is CFreserve?

CFreserve is an unregulated broker similar to Sbtradetek, which we reviewed earlier. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from them as they are anonymous and that they can disappear any time without notice. Companies providing online brokerage services without a license cannot provide their clients with any sort of protection.

CFreserve

CFreserve Regulation

CFreserve is unregulated and most likely totally illegal, which ultimately means that your funds will be in danger if you deposit! So, yet again, there is another reason to stay away from CFreserve!

As there is no regulation, the people running the platform can pocket your money while bearing no responsibility for their criminal actions. They can disappear any time without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection. In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of clients’ funds. For example, in most jurisdictions, a company will get a license if it meets the minimum capital requirement that varies by country and may also depend on the product specification, business classification and so on.

To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this broker, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why they are dangerous to deal with.

On top of that, once you click and provide them with your e-mail and contact number they will ring you immediately and promise you anything to make you deposit money with them as fast as possible. Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit. You shouldn’t provide this information. There is also a chance to become a victim of Identity theft, experiencing many more problems consequently.

CFreserve Complaints

Depending on the amount of experience people have with brokers, it may be easy to tell what is legitimate and off-base before the problem starts. However, most of you may not be aware that their platform was problematic before you already signed up. If they shows any of these signs, either avoid them entirely or look very carefully before proceeding:

🔴 Not regulated

🔴 High fees and commissions

🔴 Not enough information on the website

🔴 Poor communication and refusal to answer questions

🔴 Pushy manner

🔴 Keeps mentioning rules and fees that were not outlined in the contract

🔴 Does not let you withdraw money from your account

CFreserve Products and Services 

CFreserve is not safe, and we say so because it’s an unregulated platform – these schemes are never secure. They always promise things they won’t deliver, and CFreserve makes no exception – they claim that customers can earn big money, which is a scam offer seen from any viewpoint! Such promises are ludicrous, and they show that CFreserve is a suspected scam you should avoid! Beware! 

CFreserve Customer Support

CFreserve allows you to contact them through telephone contact and email. They do not provide any location data. There is no certainty in the contact information available.

You ought to receive an instant reply to your query, if not fast. Nevertheless, fraudsters cut off communications upon receiving your money. It is improbable to deliver a friendly interface without proper customer relations. Active customer support assists in determining more trust in the company.

Are Funds Safe With CFreserve?

With such lack of information and CFreserve being unregulated, funds are not safe. Security of funds is a huge problem with unregulated brokers. A red flag that we noticed is that they are withholding vital information to users. They could go bankrupt from one day to another since there are no banking information about them.

They does not guarantee the security of funds. The safety of your money is a top factor to consider in any platform. Any red flag is a warning you should not ignore. Investing your money with anonymous platforms not only puts your money at risk. Your data may fall into the wrong hands attracting criminal activities during the registration process.

CFreserve Withdrawals

The point at which many of our clients realize they are dealing with a scam broker is when they request to withdraw funds and the broker either won’t allow them or will make it difficult. They may employ the following tactics:

🔴 Will aggressively urge clients to make additional trades. The client often acquiesces because the broker will be quite pushy and make it clear he or she is in control since they hold the client’s funds

🔴 Will charge high withdrawal fees. Many clients will instead try to make more money to cover these high fees and will make more transactions instead of withdrawing

🔴 Cease communication. They may be evasive or simply not communicate at all.

If CFreserve is doing any of these things to avoid releasing your funds, contact us today.

CFreserve Review: our Conclusion!

CFreserve is an unregulated broker to avoid. Unregulated brokers, in particular, are usually operated anonymously. Sooner or later, the service will inevitably close. They usually target traders and investors with little or no experience by promising fictitious investment opportunities. You’d better stay far away from unregulated entities and trade with regulated platforms only.

There is also the insolvency protections that unregulated brokers does not have access if they go bust.

Platforms who are not registered with or regulated by a regulatory organization are considered unregulated. Because they are not subject to any laws or restrictions imposed by financial regulatory organizations, they are free to trade as they see fit. Choosing an unlicensed platform comes with its own set of disadvantages.

If you have been scammed, leave a comment or if you wish to arrange a free consultation with our professionals, feel free to submit your complaint by clicking the button bellow.

ℹ️ CFreserve Details
  • 💻 Website URL : cfreserve.com
  • 👮 Regulation : Offshore Broker
  • 🧭 Headquarters : N/A
  • 🏧 Minimum Deposit : N/A
  • ⚖️ Leverage : N/A
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21 thoughts on “CFreserve Review”

    1. Took my money (250€) and never came back to me. I reclaimed it various times and today someone called from a UK number to tell me they would like to refund my money back! After one whole year! He told me he needed to verify me by taking a look at my bank account and for this I should be in front of my computer as he wanted to verify me via Any Desk. I declined, then hung up. Now they are trying to call me all the time. I already blocked two different numbers. What the heck are those blogs thinking? How to get my money back and get rid of them?

      1. hi @irene,

        Did you get back your money? I cancelled by credit card that i used so they can’t double charged me further…

        Been getting many calls recently from UK (different numbers) but never pick the calls. Received an email from someone in the Finance but with a “gmail” id saying they want to returned my money but need documents from me.

        Not sure i trusted them anymore… not giving any further details just to get back what I’ve lost to get deeper into identity thef with this scam.

      2. I had exactly the same phone call this morning with a guy asking to connect to my bank so they can refund the whole $250. Absolutely shocking!! How stupid do they think we are giving out bank details or letting them take over the laptop on Anydesk. I also lost my £250. A huge lesson learned

  1. Hi I deposited an amount of 1300 usd then gained to the amount of 1700 usd after leaving it a few weeks on my profile when I checked my balance it was 990 usd i asked their team how was this possible if I didn’t authorize any funds to be used to trade with I didnt get a proper answer, then I sent a withdrawal request and one of the guys got back to me saying that I cant withdraw less than what i deposited

  2. CF Reserve is a scam company. They are very well trained to take your money and never hear from them.
    They can take the USD 250 and buy sweets for their kids, but KARMA will find you and destroy you.

    1. I was also scammed by them on the2019-06-20 I can’t forget till today one day someone called me to add $100 so I can gain more profit I refused since I that day never heard from them

  3. 250usd deposit, promice of profits but they are off the map. Very fast to take Deposits, Scam all I can say

  4. Habe heute die Rückholung der 250 Dollar bei der Bank veranlasst. Erst rufen sie dauernd an für mehr Einlagen und dann ist niemand mehr erreichbar. Auch keine Antwort auf E-Mails. Beim Chat würde ich einfach rausgeworfen. Als ich bei der bank war wurde mir gesagt dass meine 230 € in mexikanische Peso gebucht wurden . Finger weg

  5. yes was scammed the 250 US too back May 2019. Got the $50 back i did as a demo withdrawal, but they say they have returned my $200 more as well but its not come back to me. Scammers for sure

  6. I opened account 4 July 2019
    I deposited USD$251 on 4 July
    I closed the account on 9 July
    I received credit USD$243 on 24 July
    I was charged again USD$251 on 13 December when I have no active account with them – they have illegally retained credit card information and billed me for a service i have not requested

    No phone number on website. The “Financial Advisor” who I spoke with – his email bounces back.
    I contact 18 December you and was told it resolved in 14 business days
    I contacted on 14 January and told by Supp”ort Agent (web chat only – Name is Paul L) “have referred my query to management” and indicated no timeframe
    Contacting them for a third time now 20 January.

    No one has followed me up – I have been the only one chasing them up.

  7. so not bloody happy been through 3 agents and all of them treat you like your nothing and have all done the same things taken my money and when i do question the all they say is you need to fill out forms to release your money but it never comes they ask you for more so that your profits will climb faster …its crap dont trust them i made that mistake thinking of a good future.. well that put a massive downer on it .. cant trust anyone

  8. INGRESÉ 250$ Y HA DÍA DE HOY NADA INCLUSO LLEGUÉ A TENER EN SU CUENTA HASTA MAS DE 30.000.000 DE $ Y NADA NO RESPONDEN ES MÁS ME DIJERON HACE MESES QUE SE PONDRÍA UN GERENTE DE CUENTA EN CONTACTO Y NADA DE NADA UNA ESTAFA EN TODA REGLA.

  9. Cfreserve is scamsters they have over $22000 of mine and no one replies. I still have the app with all my withdrawel dates and nothing is successful for over 2 years already. I had a call once to say I need to pay the tax on the withdrawal first beforw they can pay me.( trying to scam me again) after that no reply from them . I tried my bank to reverse the initial deposit but they could not help me for when I wanted to do the deposit cfreserve banking did not want to work so we paid ot to bitcoin and transferred ot from there. My bank say they can’t trace it via bitcoin so they can’t help me. They have all my savings plus and I am very sceptical to trade with anyone again.

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