Cedar Finance is a Forex broker who offers its clients efficient customer service and high standards of safety. But before getting registered with this broker we managed to gather some important information that can help you determine whether Cedar Finance is scam or not?

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Their low ranking in Google Trends is mainly because of the fact that they haven’t built a reputation of a trustworthy broker yet. They have to put a lot of effort to achieve the popularity of the Top Reliable Brokers.

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Cedar Finance Review

The company has been established as a Forex and CFD trading broker in the year 2011 and it became really popular in the US, UK and Germany. It claims to be one of the trusted brands, offering a reliable software and swift customer support. Cedar Finance has also been regulated by CySEC in the year 2013 taking them one step closer towards being a reliable broker. But there has been a suspicious trend followed by this broker, because it seems to promote itself in such a way that it represents how easy it is to make plenty of money in a short time.

cedar finance

This trend can be seen on YouTube with many of its videos posted to convince new traders. Any trading strategy can works if you have put in some effort to understand the specifics and not simply by believing that if you trade with this particular broker, then you are assured of 100% success.

Cedar Finance Promotions

Considering the special features offered by the company, a direct start up of 200% return bonus for the Gold account seems to be a unique feature, but we advise our traders to be careful since these bonuses have other clauses and conditions attached with them. When you deposit a higher amount you can obtain higher benefits. A trading marathon is offered where the broker is giving you the chance to win $100,000.

The marathon packet includes 3 risk-free trades and a personal call from a company representative who supplies you with a personal strategy. The offers are very tempting, but since there aren’t any provided proofs yet, we cannot assure you that they are completely legitimate.


Cedar Finance Deposit and Withdrawal Methods

The minimum deposit for opening a Basic account is $200, for the Bronze account you will need to make a deposit of $500, for the Gold account, the deposit needs to be $5000. As the deposit increases, you can be provided with greater features. The withdrawal process is nothing unique. It takes 3-10 business days for the realization of the process and you have to request along with additional 5-7 days for completing the transaction.

The withdrawal periods are really very high which many traders will not be too satisfied about. The process is really slow and we would recommend you to choose another broker with better withdrawal procedure.cedar finance payment

Cedar Finance Demo

The demo account is an option that suggests an easy to use live trading account with all the functions and features available in a real trading account. The only difference is that the demo account trading carries out trading with virtual currency. The different trading options and the selection of assets like the commodities, stocks, currency pairs and indices are available in the demo account as well. Now Cedar Finance does not offer any demo account feature at all. We will recommend you to choose a reliable broker who can offer you the option of opening a demo account.

Cedar Finance Scam

There are issues with the asset index structure on Cedar Finance platform which shows different tabs for different categories. Though there is no sure proof that the company is a scam, the Cedar Finance is reported to struggle a lot with the functionality of the website. The company posts a huge number of videos that showing that earning money is too easy, but can you believe this? It is better to make sure before you fall for turning the $200 into $1000 in just 60 seconds.

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Cedar Finance Complaints

While researching on the internet, we did find a number of complaints regarding the withdrawal problems, customer support services and also the Cedar Finance’s bonuses. We cannot guarantee the authenticity of these complaints and whether they are really true or not. Along with the bonuses offered, the company also seems to have some hidden clauses and policies which you need to read carefully before investing. Another aspect of the complaints is that any withdrawal below $500 will be charged a processing fee. We cannot assure our traders that the broker is not legit or that is a scam.


During our full investigation we checked all the services and features that  provides its traders. We outlined the most important information about  in this review and the general conclusion is that there are more reliable brokers than  with better reputation and higher overall score. Although there is no hard evidence that  is scam, we can neither confirm its safety nor legitimacy.

We strongly advise you to Proceed to Safety – with the highest reputation Forex broker, which was selected on the basis of the best performance results during our independent testing.




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