Forex Broker

Centaur Financial Services Ltd closed

Centaur Financial Services

Centaur Financial Services Ltd (license number CIF 018/03) has waived its CIF permits on its own will, therefore it has not been providing any investment services since November 30, 2018. Clients should address all their questions to Fiduserve Asset Management Ltd that manages the company’s activities.

Company. Safety of funds

Centaur Financial Services Limited provided discretionary portfolio management services for wealthy individuals, institutions, and mutual funds. Centaur was licensed by the Cyprus Securities and Exchange Commission. The company offered its clients to administer their funds through managed accounts. Client assets were held by JP Morgan, not the broker itself.

Trading terms

Centaur used analytical methods and tools to do its own market research. Mainly, the company’s investment portfolio included shares of major developed markets.

The broker used to establish portfolios that provided access to specific markets. Portfolios comprised of shares or derivatives, while trading strategies varied from conservative to aggressive. The minimum deposit was 100,000 EUR. Institutional and private wealthy investors were among the broker’s clients.

Customer service

Centaur was headquartered in Nicosia, Cyprus.

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Author of Centaur Financial Services: Karoline | Date 2020-06-01
Centaur was once an amazing Forex broker. For some reason, they had to close down and us, clients had no choice but accept it. It truly is saddening but I am sure the company had its reasons. Besides, I appreciate that they did not just abandon us. They transferred us to another company and right now, I am having a pleasant experience with the new company.
Author of Centaur Financial Services: Uzair | Date 2020-05-28
Now that we have already been transferred to another company, I must say that I appreciate how much Centaur Financial Services took care of me. Looking back at my trading experience with Centaur, it was not perfect. The platform was not always in good condition but the broker made sure to fix any issue as soon as possible. And when they had to close down, they did not leave us irresponsibly.
Author of Centaur Financial Services: Mayur | Date 2020-05-13
Centaur has provided me with great services. I have been with this broker for more than three years that is why it saddens me that we had to be transferred to another company. Of course, there would be adjustments needed in this change of company. But still, because I trust Centaur enough, I know that it will not bring us to something that would disappoint us. Indeed, so far, my experience with the new company is going well.
Author of Centaur Financial Services: Alondra | Date 2020-05-20
I agree with you. Honestly, my trading experience at Centaur Financial Services was not at all perfect. There were times when my trades go downhill. There were times when the platform would not perform correctly. But still, the company did not fail to give assurance that issues will soon be fixed. They don't forget to communicate with their clients and that is what's important. Now, we are with another company and things are going well so far. It is sad that Centaur had to close down but we just have to face the reality.
Author of Centaur Financial Services: Faylinn | Date 2020-05-06
It is such a waste that Centaur Financial Services had to closed down because their services are great. In this broker I experienced to trade with a very stable platform and tight spreads. My trading activities went smoothly and I earned well. It is saddening that their operations had to end but at least they were able to transfer us to another reliable company.
Author of Centaur Financial Services: Sabitau | Date 2020-04-17
My experience at Centaur Financial Services was memorable. It is definitely one of the best Forex brokers out there and it is regretful that they had to close down. I was able to trade with them for more than a year and my trading experience was profitable. They provided the best trading tools in order for us to make our trades without any disturbance. Still, I am thankful that they did not just leave and abandon us. I am glad that they made sure our funds were transferred completely.
Author of Centaur Financial Services: Gentian | Date 2020-04-10
Centaur Financial Services was admirable with the way they handled their closure. This broker has always been a reliable one. They have always provided the best services: stable platforms, reasonable trading costs, responsive customer support, comprehensive learning materials, and efficient deposit and withdrawal transactions. That is why it is not surprising that they professionally transferred their clients to another client without taking anything from our funds.
Author of Centaur Financial Services: Crisanta | Date 2020-03-31
I must say, I had a decent trading experience at Centaur Financial Services. It wasn't perfect, to be honest, but I had the best experience at this broker. I am most impressed by their customer support because they really are dependable. Even the slightest of issues are not ignored. They patiently answer questions that could be easily seen on the FAQs. They take time to clearly explain if a trader does not understand something. Definitely, it feels wasteful for this kind of broker to end operations, but atleast they did not let their clients down,
Author of Centaur Financial Services: Pietro | Date 2020-03-27
I am very disappointed with Centaur. It is true that they provided the best services to their clients. I experienced a high quality trading platform and customer service on this broker. I won't deny that they really served their clients with the best that they could. But that is the very reason why I am disappointed. I am one of those who have not been transferred to the new company. I'd say I have quite a good amount of fund in my account but I was not notified at all about the closure of the company. As a result, I waited for months before I get back my money.
Author of Centaur Financial Services: Sorana | Date 2020-03-20
I traded at Centaur for more than two years. It has been one of the most productive years in my life. The trading experience is pleasant. They provided quality platforms and sufficient learning materials in order to further enhance the skills of their clients. It is a bit unfortunate that they had to shut down because they were very reliable. But I am also grateful as they did not neglect us. They transferred us to a new dependable Forex broker.
Author of Centaur Financial Services: Horvath | Date 2020-03-10
Before Centaur announced that they would be transferring their clients to a new broker, I have already experienced difficulties in withdrawing my fund. It took a few weeks before they process a withdrawal request which they normally process within 1-2 days only. I think they have had some internal issues which resulted to the transfer of our funds. Nonetheless, this broker has been a great broker and I am still thankful that I made business with them.
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