Cyntra has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Cyntra. This company is a suspected boiler room, a form of online investment fraud. Cyntra has approached persons without being asked, to offer them investment proposals. A boiler room is a col... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://cyntra.org/.
Several red flags with Cyntra: (1) They promise unrealistically high returns, (2) They're not registered with The Dutch Authority for the Financial Markets, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Flagged by The Dutch Authority for the Financial Markets|Cannot verify credentials
I invested $500 with Cyntra after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to The Dutch Authority for the Financial Markets.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
After for nearly two years with Cyntra I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: No hidden fees|Two-factor authentication|Helpful community forum|Quick verification
Cons: Could offer more webinars|Research section could be deeper
Do not be fooled by the professional-looking website. Behind the scenes, Cyntra is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Transparent fees|Good mobile app
Cons: Live chat only during business hours|Email notifications too frequent
I opened an account with Cyntra for nearly two years ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Fast support response|Segregated accounts|Full transparency
Cons: Email notifications too frequent
The hidden fees at Cyntra are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Helpful community forum|Copy trading available|Reliable uptime|Two-factor authentication
Cons: Slow to add new assets|Would like more payment methods
I invested $1,000 with Cyntra after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to The Dutch Authority for the Financial Markets.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
For anyone considering Cyntra, please be aware that this company has been flagged by The Dutch Authority for the Financial Markets. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Appears in regulatory warnings database|Uncertain regulatory status