What Is Century Financial?
Established In 1989, Century Financial Is A Well-known Financial Services Company In The UAE That Has Been Operating In The Region For Over Thirty Years With The Aim Of Simplifying And Facilitating Investments In Global Financial Marekt For Both Local And Expatriate Clients. With A Focus On Providing Exceptional Client Server And A Wide Range Of Trading Tools Across A Wide Range Of Assets, Century Financial Has Become A Leading Provider In The Industry. However, SCA Licensing Has Exceeded.
Advantages And Disadvantages
Advantages: Multiple Trading Tools, Provision Of Demo Accounts, Provision Of Fund Protection Measures, Multi-channel Support Contact
Disadvantages: SCA (over Limit), Regional Restrictions
Advantages:
- Range Of Trading Tools: Century Financial Offers A Variety Of Trading Tools, Providing Investors With A Choice Of Diversified Portfolios.
- Available Demo Accounts: Offers The Availability Of Demo Accounts, Allowing Potential Clients To Practice Trading Before Committing Real Money And Become Familiar With The Platform.
Funding Protection Measures Provided: Century Financial Claims To Offer Funding Protection Measures, Including Insurance Coverage In The Event Of Bankruptcy, That Can Provide A Degree Of Security For Clients' Funds.
- Multi-channel Support: Century Financial Offers Multiple Channels To Contact Customer Support, Enhancing Customer Accessibility And Convenience.
Cons:
- SCA Compliance: It Has Been Noted That Century Financial Is Outside The Scope Of Its Operations As Mandated By The Securities And Commodities Authority (SCA). This Has Raised Concerns About Its Compliance With Regulatory Guidelines, Potentially Exposing Investors To Greater Risk.
- Regional Restrictions: Not Applicable To Residents Outside Of The UAE, Or In Cases Where The Use Of This Service Is In Violation Of Local Laws Or Regulations.
Is Century Financial Safe Or A Scam?
It Claims To Offer A Range Of Funds Protection Measures. Century Financial Provides Its Clients With Free Immediate Insurance Coverage For Up To $2,000,000 In Insurance Coverage In The Event Of Bankruptcy. This Insurance Policy Protects Clients' Cash, All CFD Positions And Securities, But Does Not Cover Actual Trading Losses. Eligibility For This Protection Includes Accounts Opened With Century Trader And Century TradeRoom.
Market Tools
Century Financial Offers Trading Tools Across Multiple Asset Classes, Providing Traders With Diverse Options To Suit Their Investment Preferences.
- Currencies: Century Financial Allows Traders To Trade In Multiple Currencies, Including Major Currencies Such As USD, EUR, GBP, And JPY, As Well As Minor And Exotic Currencies.
- Stocks: Century Financial Offers Traders The Opportunity To Invest In Stocks Of Individual Companies In Various Industries And Sectors, Including Healthcare, Technology, Finance, And More.
- Commodities: Century Financial Provides Access To Trading In Commodities Such As Gold, Silver, Crude Oil, Etc., Which Provides An Excellent Opportunity For Traders To Diversify Their Portfolios.
- Indices: Century Financial Provides Access To Global Indices Such As The Dow Jones, S & P 500, Nikkei 225, Etc., Allowing Traders To Invest In The Overall Market Performance Of A Particular Country Or Industry.
- Treasuries: Century Financial Provides Traders With The Opportunity To Trade In Treasuries, Which Are Government Bonds Issued By Countries Such As The United States, The United Kingdom, And Japan.
- Contracts For Difference (CFDs): Century Financial Provides Access To Leveraged Contracts For Difference (CFDs) Across Multiple Asset Classes, Including Stocks, Commodities, Currencies, And Indices.
- ETPs: Century Financial Offers Trading In Exchange-traded Products (ETPs) That Track The Performance Of Specific Underlying Assets Or Indices, Providing Traders With The Opportunity To Diversify Their Portfolios.
Accounts
Century Financial Offers Live Trading Accounts And Demo Accounts.
Live Accounts:
- Instant Access To Over 40,000 Products, Including Currencies, Indices, Stocks, And Commodities.
- Competitive Margins And Spreads.
- Automated Execution Without Broker Intervention.
Suitable For Beginner Traders Looking To Start Their Trading Journey With A Lower Initial Investment.
Demo Accounts:
In Addition To Live Trading Accounts, Century Financial Also Offers Demo Accounts. These Demo Accounts Allow Traders To Practice Trading Strategies And Explore The Features Of The Platform Without Risking Real Money. This Is A Great Way For Beginners To Learn And A Great Opportunity For Experienced Traders To Test New Strategies.
Trading Platform
Century Financial Offers A Range Of Trading Platforms To Meet The Diverse Needs Of Its Clients.
- Century Trader:
Century Trader Is A Proprietary Trading Platform Developed By Century Financial. It Provides A User-friendly Interface Suitable For Both Beginners And Experienced Traders. Through Century Trader, Clients Have Access To A Wide Range Of Financial Instruments Including Currencies, Indices, Stocks And Commodities. The Platform Provides Real-time Market Data, Advanced Charting Capabilities And A Variety Of Order Types To Execute Trades Efficiently.
TradeRoom Is Another Trading Platform Provided By Century Financial. It Is A Web-based Platform That Can Be Accessed From Any Networked Device Without The Need To Download Or Install Any Software. TradeRoom Provides A Range Of Powerful Trading Tools And Features Including Real-time Market Quotes, Customizable Stock Listings, Advanced Charting Options And Order Management Tools. It Also Provides A User-friendly Interface That Allows For Seamless Execution And Monitoring Of Trades.
- MT5 (MetaTrader 5):
MetaTrader 5 (MT5) Is A Popular Trading Platform In The Financial Industry. Century Financial Provides Access To MT5, Which Is Known For Its Advanced Features And Flexibility. MT5 Offers A Wide Range Of Technical Indicators, Analytical Tools, And Trading Robots (expert Advisors) For Automated Trading. It Supports Various Order Types, Provides Real-time Market Data, And Allows Traders To Execute Trades On Multiple Asset Classes.
- CQG:
Century Financial Offers CQG, A Professional Trading Platform Widely Used By Both Institutional And Professional Traders. CQG Offers Advanced Charting And Analytical Tools, Real-time Market Data, And Customizable Trading Capabilities. It Also Offers Options For Algorithmic Trading, Spread Trading, And Historical Data Analytics. CQG Is Known For Its Strong Stability, Reliability, And Strong Trading Capabilities.
- TWS (Trader Workstation):
Trader Workstation (TWS) Is A Trading Platform Provided By Interactive Brokers. Century Financial Provides Access To TWS, A Comprehensive And Sophisticated Platform For Active Traders. TWS Provides Advanced Order Management Tools, A Customizable Market Scanner, Live Streaming Quotes, And Access To A Variety Of Markets And Asset Classes. It Is Highly Customizable, Allowing Traders To Create Personalized Trading Layouts And Strategies.
- Quantifiers:
Quantifiers Is A Trading Platform Designed For Quantitative Traders And Algorithmic Trading. It Provides Historical Market Data, Advanced Analysis And Backtesting Tools For Developing And Optimizing Trading Strategies. Quantifier Supports Various Programming Languages, Enabling Traders To Implement Their Own Trading Algorithms And Models. It Is Suitable For Traders Seeking More Advanced Quantitative Analysis And Automated Trading Capabilities.
Client Server
Century Financial Offers Online Chat. Through Online Chat, Customers Can Quickly Get Answers To Their Questions And Get Help Solving Any Problems. It Is A Convenient And Effective Communication Channel That Can Improve Customer Satisfaction And Increase Sales.
Clients Can Visit Their Offices Or Contact The Client Server Hotline Via The Information Provided Below:
Telephone: + 971 (4) 356 2800
Email: Info@century.ae (24 Hours A Day, 5 Days A Week, From 12:00 Am Monday To 1:00 Am Saturday (UAE Time))
Address: 6th Floor, Building 4, Emaar Plaza, Downtown Dubai, P.O. Box 65777, Dubai, United Arab Emirates
Additionally, Clients Can Connect With The Broker Via Social Media Such As Twitter, Facebook, Instagram, YouTube, TikTok And Linkedin.
Century Financial Offers A Messaging Feature On Its Trading Platform That Enables Users To Communicate Directly With Customer Support Or Other Traders. This Online Messaging Tool Provides Real-time Help, Facilitates Discussion, And Is A Convenient And Interactive Way To Ask For Help Or Communicate With Other Traders.
