9Cents

9Cents Review – Legit Trading Platform or Scam?

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Summary:

9Cents Broker claims to offer online trading in forex, crypto, or CFDs. However, users have reported issues such as withdrawal delays, unclear regulation, and hidden fees. This review checks whether 9Cents Broker is safe or a potential scam.

About 9Cents Broker

  • Website: https://www.9cents.com/

  • Address: Level 6, Ken Lee Building, 20, Edith Cavell Street, Port Louis 11302, Mauritius

  • Regulatory Warning: Not recommended by the review website like Report Scams

  • Domain Blacklist Status: It seems there is no direct mention of this domain being on a blacklist.

Before investing, confirm that this broker is licensed by a recognized financial authority.

Key Regulatory & Risk Concerns

Company Not Authorised:

The UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) or another financial regulation of the world do not regulate this trading platform, which means that it has no legal authority to supervise it.

No Investor Protection:

Because 9Cents does not have regulatory oversight, customers will not have protections like the Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS). Therefore, customers are exposed to the possibility of losing their investment in the case of a dispute.

High Potential for Losses:

If customers’ money is not covered by a regulating body, the risk is at a very high level of loss due to the possibility of losing their account due to restrictions on their ability to trade or receive money.

Major Issues Identified

Credit Issues When Depositing Money:

Multiple reviews from independent sources show that some customers did not receive their deposits in their trading accounts, which calls into question how the company is managing its customers’ money.

Fake High Profits:

The sites are said to advertise unrealistic returns with little or no risk, as is commonly found in fraudulent operations.

No Published Information:

There is no publicly available information about the legal entity or the physical location of the Company that is verifiable.

No Regulation:

There is no oversight of 9Cents by a licensed organization to protect Investors.

Is 9Cents Broker Regulated?

Regulation is the key sign of a trusted broker.
9Cents Broker does not show proof of regulation from major bodies such as FCA, ASIC, CySEC, or FINMA.
Unregulated brokers can operate without supervision, making your funds unsafe.

Common Red Flags

If you notice these signs, proceed with caution:

  1. Missing Regulation: No valid license or unverifiable claims.

  2. Withdrawal Problems: Delayed or denied payouts, hidden bonus conditions.

  3. Hidden Charges: Extra fees for withdrawals, inactivity, or account closure.

  4. Deposit Pressure: Repeated calls or messages to invest more money.

  5. Fake Reviews: Generic 5-star reviews, while negative feedback is removed.

Even one of these red flags can be a serious warning.

Safety Checks Before You Deposit

Follow these quick checks to protect your funds:

  • Verify the License: Confirm the broker’s registration on official regulator websites.

  • Read Withdrawal Terms: Watch for restrictions or hidden fees.

  • Contact Support: Test response time and clarity.

  • Use a Demo Account: Compare demo and live trading performance.

  • Start Small: Deposit a small amount and test a withdrawal first.

  • Read Independent Reviews: Check reliable forums or third-party sites.

Why Regulation Matters

Regulated brokers must:

  • Keep client funds in separate accounts

  • Offer dispute resolution options

  • Submit to regular financial audits

Unregulated brokers are not bound by these rules, putting investors at high risk of loss.

Final Verdict: Is 9Cents Broker a Scam?

Based on reports and checks, 9Cents Broker shows several risk indicators. The lack of verified regulation and user complaints raise serious doubts about its credibility.

Avoid depositing large amounts until full verification is confirmed. Always choose licensed, transparent brokers that comply with financial regulations.

FAQs

1. Is 9Cents Broker safe to use?

No verified license or regulator listing means it is not safe for investors.

2. How can I verify if 9Cents Broker is regulated?

Search for the broker’s name on official regulator websites such as FCA, ASIC, or CySEC.

3. What should I do if 9Cents Broker doesn’t let me withdraw?

Stop depositing, document all communication, and contact a recovery service like Report Scam.

4. Can I get my money back?

In some cases, yes. Fund recovery through chargebacks or legal reporting may be possible.

5. How can I avoid trading scams?

Always check for regulation, read user reviews, and start with small test deposits before investing heavily.

Need Help Recovering Funds?

If you lost money to 9Cents Broker or a similar trading platform, Report Scam can help you take action.

We provide:

  • Step-by-step guidance to report fraud

  • Help collecting and organizing transaction evidence

  • Support in exploring chargebacks and recovery options

Contact us today for a free consultation and learn how to reclaim your funds.

Your path to justice begins here—our team is committed to supporting individuals affected by financial misconduct. Read about Chargebacks

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