CentralMargins customer reviews

Updated: April 8, 2026
CentralMargins
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Summary
Multiple reviewers report the broker (CentralMargins and associated NDAX/Profitrop references) is a scam: aggressive, high-pressure sales tactics that repeatedly demand more deposits, promise guaranteed large returns, and use fake endorsements (Tesla, Fox News). Customers describe duplicate or unrefunded charges, being urged to take loans, unauthorized trades placed in their accounts, forced “credits” or margin manipulations, sudden account locks, deleted trading history, and lengthy or blocked withdrawal processes that require additional identity documents or approval from a separate “financial” department. Many say customer support and live chat are unresponsive, agents disappear after taking funds, and some allege remote access to their computers/phones. Reported losses range from hundreds to hundreds of thousands of dollars; a few people only recovered funds after third-party intervention. Overall the consistent advice from reviewers is to avoid the platform and do not transfer funds to them.
YUTA GUY
04.09.2023 | 08:47

For me I never embark on any financial journey without carrying microcorp.top along with me and this singular act always places me in a vantage point. It's what helped me when everything was going south with this broker. I never loose money anymore no matter how bad the trade goes it's sort of like an insurance covering for my businesses.

Grant MCCURDY
03.07.2023 | 20:16

SCAM SCAM SCAM SCAM SCAM DONT USE THEY ARE A SCAM They scammed me out of 15k USD. Do not even talk to them. SCAM SCAM SCAM SCAM

EIGRAM
27.06.2023 | 17:11

Company connected with Profitrop. they both fake. My account was just cleared of all funds by them (about $300,000) as well as all trading history. Be aware!!!

Jane Macfield
11.06.2023 | 21:45

I was browsing facebook when I noticed an advertisement about investing in bitcoins. It then led me into the site centralmargins. I created an account on that website. Soon after i was contacted by a person... He then convinced me to deposit more into my account. After doing so, he assured me that a "financial adviser" would contact me. Shortly after that phone call, i realised that centralmargin was a sham. I then proceeded to email my verification documents to them as they told me they needed them in order for me to make a withdrawal. After about a month or so, they finally confirmed that my documents were okay. At that moment i requested a payout. Its been 2 weeks since i requested my payout. Not until venom.threads dealt with the case and got me refvnded. Do not recommend at all.

mavis knight
21.02.2023 | 00:14

Between November/December 2022, NDAX, 250 2 Street Southwest, Suite 1820, Calgary, AB, T2P OC1, advertised special reports claiming Tesla announced a Coin Trading Platform operated by computer and you will not lose money. I soon paid the initial joining fee of $250 to NDAX; once enrolled, their customer service contacted me and requested that I wire and e-Transfer lots of money to start trading on their trading platform called Centralmargins.com in Natural Gas and Forex. Total money transferred to NDAX via their Bank (ATB Financial, 600, 2555 -32 St NE Calgary, AB, T1Y 7J6) equals $50,000.00PlusPlus within the month of November to December 2022. Once the money was transferred into this bank, they moved the cash to NDAX.com, then their Trading Platform (Centralmargins.com). Then I was allocated a sales representative who said they would be trading for me. He consistently asked me to wire more and more money, he advised me to take loans from banks. When I wanted out, they refused to refund my money and any profit showing on the account. Even when I tried to withdraw my cash, they locked the Trading Account, and immediately I got a message "Your trading account has been disabled due to inactivity. For assistance, please contact your broker". Just after telephone conservation and me refusing to transfer any more money. I recently got the following messages through email quote “At the current moment, you have an equity of 100,000.00 USD, I would like to notify you that your account is not active, and you will start getting charged inactivity fees; it’s better to close your account and withdrawal your money.” I emailed back and requested close the account and send me a bank draft or eTransfer, Customer service representatives replied, you must deposit more money “I WENT TO THE POLICE! POLICE SAID THIS COMPANY IS A SCAM” I hope this message helps someone. PLEASE DON'T PART WITH YOUR HARD-EARNED MONEY AND END UP IN DEBT!. This NDAX / CentralMargins used Tesla's name and Fox News to steal my hard-earned money. Even the people who say can get your money back they are also Scammers they take your money. They just refer you back to the Police to investigate!! I had to Buy a New Computer, Change my emails, New Cell Phone because they were logging into my computer and phone to do the trading. How can these people really go and feed their families with the money they just stole from someone? Why is the bank in Alberta Allowing this Company to Open Accounts in their Bank when they know they are Scammers?

Brian
04.01.2023 | 22:32

Started with $250 then invested $1,000 then went to $10,000 then went to $15,000 beginning in early November. They made my 250 go to 1000 within a couple of weeks. They also showed me how I can take out any money out whenever I want and we used $10 as an example. The reason I continuue to invest more was they forced me as I had to save the account as my margin went below 100% and I would lose all of my money. The individuals Felix and Chris would pass me up to their financial department for explanation. This was the 2nd phase of high pitch, forceful selling. They would call every 20 minutes with another reason and forcefully try to tell me I was going to lose all of my money. I said fine and they actually put 11,000 into my account as a credit as it took me time to sell stocks from my TFSA then clear them then transfer the money to them through NDAX. What a JOKE! But I fell for it so no one to blame but myself. In the interim they tried to get me to buy Oil contracts. They had a customer who was going to make 250,000 and he would split the profits if we bought today. Therefore I could make 125,000 within 2 weeks guaranteed but I had to invest 50,000. It didn't make sense that a person give away 125,000 within 2 weeks so I asked him why he didn't go for this. Anyhow, it is a complete and total scam. After they had my 15,000 fully invested my account once again was going to be margined out and I was going to lose everything. I said that was fine. The accounts margin went from 90% down to 55% and I said NO MORE MONEY! Within a week the account went back up to 92% margin however I couldn't sell. They couldn't explain really why I couldn't sell as I would have been able to get out only losing less than half of my money but the account was LOCKED. January 3rd comes along and the computer sold all of my positions leaving me with $950 in the account. They, of course, were not responsible, and couldn't do anything. For 2 days now I have been trying to get my $950 but now I have to apply for a withdrawal which is controlled, yet again, by another department. This company is a TOTAL SCAM. Do not invest, do not listen to a word they say. I have invested for over 40 years. They want to be partners but only when you are profitable and they take 5% of the profit sold. My name is Brian and please email me at bep3658 at gmail dot com for input if you like. I could afford to lose this money however they lost 15,000 within 8 weeks and now won't give me back my $950.00 that is in my account. It is okay for me to withdraw $10 but to withdraw the entire amount means that I am closing the account and you have to apply for this type of withdrawal and the financial department will be calling me. DO NOT be taken like I was and I feel that I am a savvy investor in the normal stock markets and know what I am doing. I took a high risk and knew this in order to make high money. This was a mistake that I will never do again. My fault but be wiser than I and do not waste your hard earned money. A total SCAM. I will await to see if I get my $950 back but I am not holding my breath. WOW! If only I could get a hold of these people. They all should be jailed as I do not know how they sleep at night.

Germain
18.11.2022 | 19:25

This site is a scam. they keep calling every day foe me to deposit more money. I told them no they were not happy. The went in my account a close deals that i did not do and take my money. Suddenly Mr. Albert as he said his name is stop responding to my email and stop calling. Please never use this platform.

Roy Milne
01.11.2022 | 18:06

This sure is a total ripoff. When I deposited the minimum deposit they took out of bank account twice and it only showed up in my central margins account once. I never got the second amount refunded back even after asking them about it and have to cancel card so they didn’t take any more of my money. Do I didn’t like how pushy the broker agent was so now I’d like cost the account and withdraw my money. They site says I need to prove my identity with either passport or driver license or government identification and proof of my residency. Funny thing is I didn’t need this info to open the account in the first place so I could deposit my money into their system. I also tried their online chat with no response whatsoever. This site is a total scam and trying to do identity fraud as well stay clear of this BS site.

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