Cedar Signals

After reviewing Cedar Signals, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.

Who is Cedar Signals?

On the surface, Cedar Signals looks like an ordinary forex and crypto broker. Its public site is presented at https://cedarsignals.live/. But surface impressions are exactly what these operations rely on — the substance behind Cedar Signals is where the problems begin.

Is Cedar Signals regulated?

Cedar Signals provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.

Red flags we identified

• Account dashboards that show “gains” with no real market exposure
• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
• No credible physical address or verifiable corporate record
• No verifiable licence from a recognised financial regulator
• Unrealistic profit claims and pressure to deposit more

Our analysis

On 28 June 2022, the British Columbia Securities Commission (BCSC) issued a warning that Cedar Signals is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/cedar-signals

Can you recover money lost to Cedar Signals?

If you have deposited with Cedar Signals, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.