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[Resolved] Century Financial, DUbai / Fraud

5 CO, United States Review updated:

Please beware of the this company Century Financial brokers, Dubai
They offer big profits and cheat clients.
Pakistani Manager Ahamed is a fraud
All pakistani's are fraud or what?

  • Resolution statement

    Customer care service did everything in their power to resolve this complaint. All attempts to contact the complainant have failed. Therefore, this complaint has been annulled and must not be considered where image of the company in question and it's services are concerned.

  • Century Financial Brokers Customer Care's Response, Oct 14, 2017

    Respected Madam/Sir,

    We have taken a note of the points raised in the complaint and others in the thread though it does not contain any specific details of any action, any event or any happenings. Nor the points raised in the complaint have been substantiated with facts nor have been validated with supporting evidences. Nevertheless, we at Century regret any dissatisfaction or any bad experience, if any, by any of our customers for any of the situations that might have propped up without our knowledge and involvement.

    We sincerely request you to approach us with the facts over an email, a phone call or through a personal visit or through our website www.centurybroker.com and we assure one of our authorized officials would definitely take up the matter of your dissatisfaction or alleged irregularity and try to find a solution within the legal framework and by-laws of the company.

    However and as the matter has been posted in public domain adversely affecting our image, we take this opportunity to put forward the facts in its right perspective in as much it pertains to our activities or management systems.

    Century Financial Brokers LLC (CFB) is a fully licensed and regulated company, continuously operating in UAE for over 28 years with an employee strength of about hundred fully motivated, technically trained and professionally qualified competent persons. All the communications pertaining to relevant businesses are archived. Therefore, we request you to disclose the relevant details and identify the person with whom you had interactions which will prove the authenticity of the events and help us solve the complaint in the proper manner. We have a database of all the customer emails addressed to us and we can pick up the email sent by you containing your allegation that you have lost your money through unauthorized trading by any of our employees.

    We strive to provide industry’s best personalized customer service, customer education and training, 24x5 dedicated customer support services to enable the customers get the best out of the service charges that they pay to us. It may be noted that we as a company do not practice any policy of “Lock-in” period enabling the client to withdraw his/her funds at any point of time without any hindrance. Nor we at Century carry out any unauthorized trading activities either on behalf of the clients or in any client account. We do not promise any ROI or Guarantees on any investments or research analysis.

    Last but not the least, we do not trade on behalf of the client. The right and power to execute any trade always remains with the client and the client exercises his/her decision without any interference from our side. It is also note worthy to state here that among the thousands of products/solutions that the client has access to, some of them are traded on margin and has the potential to result in losses that can exceed the deposits. However, indulging in the said trade is entirely the sole discretion of the client who is fully made aware of the inherent risks as well as gains. Thus, we as a company do not have the responsibility for any losses nor we take any credit for any gains that the client makes in the market through their own trading activities.

    Century acts with complete transparency, full prudence and maximum care towards its clients. Having said this we hereby invite you to contact us and lodge a formal complaint through telephone or email or through our website www.centurybroker.com and we assure prompt and valid resolution of the issues within the legal frameworks and regulatory norms.

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Comments

  • Me
      9th of May, 2012

    CFB Team is great! Been trading for more than a year now and my income is getting higher!!

    0 Votes
  • Ab
      15th of Jul, 2012

    I do have a similar experience with this broker very recently. They were pestering me to invest in through their firm and took 30K USD. I was intend to buy blue chip shares and commodity. The cheque was debited from my account and i did not start buying and were waiting for their training. Recently after few weeks i called and surprised to know from the broker that i "lost every thing when the crude came down, put more money into account". For few minitues i fainted and now i do not know where to go and complain. Who is responsible if they bought some thing without my knowldege, how can i beleive what he says. Please help with some advise if any one knows. The broker is a Pakistani gentleman as u said here. -Abin52

    0 Votes

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