✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Ciscotrades. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Ciscotrades and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | ciscotrades.com |
| 🏠 Company* | Almost identical sro |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | ciscotrades |
| 📌 Direction | Czech Republic |
⚠️ Ciscotrades is owned by Almost identical sro, the company is located in the Czech Republic, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
Now we are going to analyze the types of account that Ciscotrades offers, in this case, we observe that it offers 3 different types of account:
| Account type | Minimum initial deposit |
| Silver | $10.000 |
| Gold | $50.000 |
| VIP | €100.000 |
Information on the web
Ciscotrades provides a brief explanation about the services it offers, live charts, educational section, FAQ section, not much more.
List of phone numbers
+44 20 3808 8563
🚫 Ciscotrades Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Ciscotrades.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about Ciscotrades:
| Date | Update – news |
|---|---|
| October 2022 | Complaint against Ciscotrades of financial regulator CNMV |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Ciscotrades.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Ciscotrades
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Ciscotrades
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report Ciscotrades?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Ciscotrades a scam – is it scam?
Yes. We believe that Ciscotrades is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Ciscotrades trustworthy?
No. Ciscotrades is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Ciscotrades?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Ciscotrades?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
He also told me about the heart attacks, with the difference that he called himself Aldo Dicastro. Do you know where they are incarcerated?
In a few days these bastards are called to trial!
I won't stop until I get my money back and they rot in jail.
Hello Scammed, we would love for you to inform us of the progress in the trial, to see if they all end up in jail and the most important thing is to discover where the money is so that it can be returned to the scammed. Thank you for commenting on Ciscotrades. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
As a point to cross all kinds of information about these scammers I recommend that you write in the comments part of your review: ciscotrades
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Olaaa….can you give us more info about the trial? One was from Asturias…that's for sure…I was also scammed. Can we all unite through some platform?
Hello Jose, we know that there is a judicial process underway, if anyone has information, we would love for you to inform us of the progress in the trial, see if they all end up in jail and the most important thing is that they discover where the money is for let it be returned to all the swindled. Thank you for commenting on Ciscotrades. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
As a point to cross all kinds of information about these scammers I recommend that you write in the comments part of your review: ciscotrades
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Hello, could you give me information about that trial, I was one of those affected with 15k and the truth is that I am having a terrible time
Can you provide information on his whereabouts? I want to visit them. I too have been scammed.
Hello,
On the subject of Ciscotrade, it is just the tip of the iceberg for some scammers. Presumably, they are in prison for repeated fraud.
Their names are Jhon Freddy Villamizar — Mohamandi Majid Reazaeian, among many others. One of the companies is called CREDI FINANCIAL EXPRESS SL If you search for this company, you will find links to others that are part of this network.
Behind all these is Elt Property Vision LTD
If you have more information about these criminals, please publish it.
Hi ROBADO, thanks for commenting on Ciscotrades. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
As a point to cross all kinds of information about these scammers I recommend that you write in the comments part of your review: ciscotrades
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
I want to know if anyone has recovered any money. The first thing is to file a police report to have legal support. The ideal is to join, although we know that some of the scammers can also sneak in. You can write me to this FORUM and we will pass information. Thanks
Hi Carmen, thanks for commenting on Ciscotrades. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
As a point to cross all kinds of information about these scammers I recommend that you write in the comments part of your review: ciscotrades
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
I have also been scammed by them…what is known about the trial? They screwed me 2000 euros. I would like to join those affected…how do I do it? I leave you my email.
Hello Jose, we hope to receive information so that those affected who are not part of the trial can be informed, can any of those affected provide information on the progress?
Greetings.
I hope they have put them all in jail, they are thieves from ciscotrades!!!
Hello Mariano, we know that there is a judicial process underway, if anyone has information, we would love for you to inform us of the progress in the trial, if they all end up in jail and the most important thing is that they discover where the money is for let it be returned to all the swindled. Thank you for commenting on Ciscotrades. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
As a point to cross all kinds of information about these scammers I recommend that you write in the comments part of your review: ciscotrades
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Good morning, I too have been scammed by Ciscotrades. A certain Lorena Castro called me to explain and then she passed me to a certain Diego Zaldívar who was in charge of helping me to get started. I sent € 200 in bitcoin and he began to work on my account and explain to me. When the account grew a little, he deposited € 20 so that I would know how the withdrawals were, we continued working the account and it began to grow and Diego asked me to enter more money to earn more. When it was almost € 5000, a certain Carlos called me to tell me that Diego had been promoted and that he would be in charge of following my account and that he would deposit more money until he reached € 10.000 to invest in bitcoin and double the profits, I told him that I was doing quite well with my account and was able to make it go up to € 10000 and more, and when I had that number I would call him. I raised it to more than € 15000 and I called them to make a € 1000 withdrawal and I never heard from them again… I have the bank account numbers I deposited to and the phone numbers if they are useful for anything. I don't know where to file a complaint, I live in Barcelona in case someone from this forum also lives in Barcelona and we could join forces. Thank you and happy day!
Hello Lucia, thank you for commenting on Ciscotrades. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Cecilia and Jose Antonio,
join the joint complaint.
I will not stop until José Nuñez, Aldo and Pamela rot in jail, get my money and other things back.
They don't know who they've scammed with.
The heart attacks that gave José Nuñez (as he told me) are going to fall short.
Hi JOSE, thank you for commenting on Ciscotrades. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
He also told me about the heart attacks, with the difference that he called himself Aldo Dicastro. Do you know where they are incarcerated?