Beware! CelineInvest is an offshore broker! Your investment may be at risk.
RECOMMENDED FOREX BROKERS
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
Let us tell you straight away – CelineInvest is a horrible choice of a broker and there are a couple of reasons for that. Its website suspiciously resembles some other scam firms we have reviewed for you – the same registration form, the same insecure payment methods and costly spreads, and the same tricky withdrawal requirements. On top of that note that CelineInvest is completely anonymous and also unregulated, so you better keep at a distance from it. Find out more in the following review.
CelineInvest Regulation and safety of funds
Guaranteed Funds | Segregated Accounts | Negative balance protection | |
CelineInvest | ❌ | ❌ | ❌ |
UK regulated brokers | £85 000 | Yes | Yes |
EU regulated brokers | €20 000 | Yes | Yes |
AU regulated brokers | No | Yes | Yes |
US regulted brokers | Yes | Yes | No |
Firstly, this broker happens to be completely anonymous. Obviously it intentionally hides its registered address and company name, as there isn’t a single word mentioned on its website. This means that we literally don’t have the slightest idea with whom we are dealing with or who exactly operates this bogus website. What’s even more ridiculous is its claim to be an “international broker with a good reputation both among traders and its competitors”. We don’t know what reputation it’s talking about, given the fact that there’s barely any data about this firm’s identity.
Furthermore, CelineInvest also claims to have “world-class professionals, with whom you can easily consult”. But that can’t be the case either – there are no decent contact details on this page so reaching out to its customer support would be quite hard.
This being said, it’s already beyond question that this broker is not authorized nor regulated by any financial authority. Trading with such shady firms holds a bunch of dangers, like getting ripped off being the major one.
And even though CelineInvest claims to use segregated accounts to ensure your safety of funds, we simply don’t buy that either. We are pretty sure it’s just the opposite – your money’s not safe here so better look for a truly reputable broker instead!
CelineInvest Trading software
Analytical tools | Auto trading | Custom indicators | Mobile apps | |
CelineInvest platform | ❌ | ❌ | ❌ | ❌ |
MT4 | 30+ indicators | ✅ | ✅ | Android and iOS |
MT5 | 50+ indicators | ✅ | ✅ | Android and iOS |
cTrader | 40+ indicators | ✅ | ✅ | Android and iOS |
CelineInvest claims to offer its own WebTrader which is “the best” with an easy and accessible interface. Well, we can agree only with one thing – the platform surely is easy in terms of how simple and plain it is. Take a look at it down below:
This software doesn’t require any download and this is probably the nicest thing we can say about it. But the easy access can’t compensate for how lackluster and even boring this platform looks. Sure, there are some basic features, but no custom indicators or advanced analytical tools are present. Plus, there’s no mobile app, so this software turns out to be not so convenient.
If you really want to trade on unique and sophisticated pieces of software, then you definitely have to check out MetaTrader 4 or MetaTrader 5. You won’t regret it!
CelineInvest Trading instruments
Currency | Stocks | Indices | Crypto | Commodities | |
CelineInvest | ✅ | ✅ | ✅ | ❌ | ✅ |
XM | Yes | Yes | Yes | No | Yes |
FBS | Yes | Yes | Yes | Yes | Yes |
FXTM | Yes | Yes | Yes | Yes | Yes |
CelineInvest promises to provide traders with “unlimited asset selection”. The trading instruments listed however don’t seem so “unlimited” – forex pairs, indices, stocks and commodities are all you can find here. Plus there isn’t a great variety among them, so it would certainly be for the best to skip investing here.
CelineInvest Spreads and cost of trading
CelineInvest | XM | FBS | FXTM | |
Spread EURUSD | 3 | 0.6 | 1 | 1.1 |
Spread GBPUSD | 4 | 1.3 | 1.2 | 1.4 |
Spread USDJPY | 3 | 1.3 | 1.2 | 1.4 |
CelineInvest offers four account types – Micro, Standard, Classic and VIP. Take a look at them down below:
Here the broker promises to offer tight spreads for all of the accounts. On its homepage it also mentions that “here you will find the most comfortable minimum spreads”. Sounds appealing but also pretty unclear. That’s why we were quite sure there’s something fishy around here. And we were absolutely right.
On its trading platform there were spreads of 3 pips for EURUSD and USDJPY as well as 4 pips for GBPUSD. This can hardly be called “most comfortable minimum spreads”, just the opposite. Such amounts are unacceptable nowadays, as they will definitely be quite costly. What’s more, bear in mind that most reputable brokers tend to offer much more advantageous volumes around 1 pip.
CelineInvest Maximum leverage
Forex | Stocks | Crypto | Gold | Indices | |
CelineInvest broker | 100:1 | 20:1 | 10:1 | 50:1 | 20:1 |
UK regulated brokers | 30:1 | 5:1 | ❌ | 10:1 | 10:1 |
EU regulated brokers | 30:1 | 5:1 | 2:1 | 10:1 | 10:1 |
AU regulated brokers | 30:1 | 5:1 | 2:1 | 10:1 | 10:1 |
US regulated brokers | 50:1 | ❌ | ❌ | ❌ | ❌ |
The maximum leverage for forex pairs is said to be 1:100. This is quite a high amount as the risk of losing your money in a flash is huge. What’s more, the leverage is capped in most countries like for example 1:30 in the UK and the EU and 1:50 in the US. As you see, this broker can’t possibly be regulated in either of these locations. In addition, if you still want to trade with higher leverage we suggest looking at some of the offshore subsidiaries of reputable forex brokers.
CelineInvest Deposit and withdrawal methods
Deposit time | Withdrawal time | Fee | |
Crypto | 24 hours | 24 hours | No information |
On its homepage CelineInvest claims to accept Visa, Mastercard and wire transfer. Even in its Withdrawal Policy the broker keeps mentioning these payments. After we registered however things turned out to be completely different. The only possible payment options were crypto transactions with Bitcoin, Ethereum and Tether. See for yourself:
This broker openly lies about the payments it accepts, but it obviously uses irrelevant legal documents, as the Withdrawal Policy has nothing to do with what is actually provided.
To top it off, beware that crypto transactions are completely irreversible and anonymous that’s why scammers insist on using them. This is one more clear sign that avoiding this shady broker would be your best decision ever!
CelineInvest Minimum deposit
CelineInvest | XM | FBS | FXTM | |
Minimum deposit | $250 | $5 | $10 | $5 |
The minimum deposit with CelineInvest is 250 USD – a standard amount for the sector that can’t impress for sure. If you are looking for an attractive minimum deposit, there are plenty of reputable brokers who offer micro accounts for as little as 10 USD and would be a great choice.
CelineInvest Withdrawal requirements
Trading volume | Fee/Tax on withdrawal | Minimum withdrawal | |
CelineInvest | 25x | Not specified | Not specified |
UK regulated brokers | No | No | No |
EU regulated brokers | No | No | No |
AU regulated brokers | No | No | No |
US regulated brokers | No | No | No |
Despite the presence of so many legal documents and FAQ, this broker still fails to provide any useful data when it comes to its withdrawal requirements. There is no information about any withdrawal fees, but note that scammers often ask for around 15% fee. The minimum withdrawal amount is also not specified. In general legitimate brokers don’t usually require such minimum withdrawal, however that doesn’t apply when we are dealing with fraudsters. So do expect a minimum withdrawal requirement between 50 and 300 USD, why not even more.
In addition, the only helpful piece of information we found is connected to this broker’s bonus policy. Apparently there’s a minimum trading volume requirement in order to make withdrawal – 25 times the deposit amount plus the bonus issued. Take a look:
The truth is however that you can never tell apart the bonus from your deposits, plus this trading volume is almost impossible to achieve. So in short, you won’t be able to withdraw even a cent.
All in all, we sincerely advise you to keep away from such fraudulent websites!