May 2015: There are now 3 FPA Traders Court guilty verdicts against this company. The FPA now considers Citrades and all companies associated with it to be scams. The FPA recommends an against doing business with Citrades.com and any related companies unless all of these issues can be resolved.
The FPA is pleased that one of the 3 cases has been resolved. CiTrades still needs to get the other cases resolved.
August 2014: CAUTION: The Terms and Conditions for Citrades allows the company to pay any withdrawal over 1000 USD, GBP, or Euros in monthly installments. There are other withdrawal restrictions inside the tems restricting withdrawals for certain account types for as long as one year. The FPA recommends extreme caution depositing any money with this company.
April 2014: CAUTION: There is an FPA Traders Court guilty verdict against Cititrader. The FPA recommends a high level of caution dealing with this company unless this issue can be resolved.
September 2013: CAUTION: Multiple suspicious and fake positive reviews submitted for CiTrades.