CentroBanc Review 2025

Is CentroBanc Scam or Legit Broker?

CentroBanc is a 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade with CentroBanc. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable.

• The reason is simple: the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no guarantee from the official entities overseeing the Forex industry. Thus, engaging in trading with such a company means the trader will believe only in the broker’s words, and of course, it is a high risk.

What is CentroBanc?

CentroBanc is a broker offering a variety of Forex pairs and CFDs. The company is owned and operated by Sucaba Enterprise Ltd. based in the Marshall Islands.

The Centrobanc itself is located in Liechtenstein and judging from the phone numbers of Customer Support (Italian, English, German and Spanish) is targeting EU residents without being authorized in any of those countries.

• Moreover, the Austrian FMA has recently issued a warning against Sucaba Enterprise Ltd. (CentroBanc) stating that the firm is not entitled to carry out banking transactions in Austria that require a license.
• Also, they emphasize that there is no connection between the operator of the website www.centrobanc.com and Raiffeisen Centrobank AG (a regulated and trustworthy entity).

CentroBanc Review Conclusion

We recommend dealing only with adequately licensed brokers that provide sufficient security to clients' funds. Reliable and well-respected financial authorities such as UK's FCA or Australia's ASIC have strict requirements for licensed brokers (Read about forex trading Australia) and participate in funds compensation schemes (for example, Financial Services Compensation Scheme from FCA that ensures up to 50 000 GBP of the traders' capital). Check the list of FCA-regulated brokers here. We advise to sign in with trustworthy brokers, such as Eightcap and BlackBull Markets.

CentroBanc Update

Our findings showed that CentroBanc is no longer active. The broker’s website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.