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Atlantic Holdings Inv Review: Absurd Scam
Atlantic Holdings Inv allegedly accepts deposits via wire transfers, e-Wallets (ETF, APM), and credit cards. However, to deposit to the broker, you must first contact website support. As a result, we could not ascertain the payment processes utilized by Atlantic Holdings Inv. Why wouldn’t a trustworthy broker give you the means to securely deposit on your own? Evidence shows scammers such as this broker mainly use dubious payment processors, which is why they want you to inquire first.To get more news about atlantic holdings inv. review, you can visit wikifx.com official website.
Atlantic Holdings Inv is a fraudulent broker posing as legitimate. We are not surprised as most brokers claiming to be genuine are quite the opposite. With forex trading experiencing rapid expansion in online investment, many investors now engage in profitable virtual trades in this space. To protect investors from fraud and manipulation, the markets are regulated by oversight organizations, including FCA, CySEC, CFTC, and ASIC. Despite the regulations efforts, some brokers still manage to woo gullible investors and steal from them.
As you plan to invest in the forex market, be wary of the numerous phoney brokers in digital investment spaces. It is important to note that most of these brokers employ dishonest tactics to convince you that they are your best investment choice. They will lure you into their malicious schemes with incredible incentives, such as bonuses and commissions.
The good thing is that identifying an authentic forex broker is not so hard when you are keen. There are usual not-so-veiled red flags you will notice and realize a broker is up to mischief. As a general tip, always look for proof of regulation and contradictions that may stick out in trading conditions, addresses, and client agreements. For more clues, read the following review.
According to Atlantic Holdings Inv, brokers on this platform can access over 200 trade instruments, including forex, cryptos, stocks, and CFDs. The information on the website does not reveal which company owns this broker. This tells us that, like other scammers, the broker thrives on anonymity.
Speaking of the platform’s benefits, the broker states that investors will enjoy unrestricted trading and negative zero balance protection. To ensure data and transaction security, investors’ accounts and funds are supposedly protected through SSL encryption. The broker also claims to avail of an unparalleled trading platform optimized for any device. The broker also purports to offer extensive education through ebooks, webinars, and interactive courses.
Upon searching in the whois database, we discovered that the broker registered on 29 July. At only 110 days, the broker lacks a solid track record and may need more time to be established. These findings dispel the broker’s claims about being a veteran in the market.
Contact Details
Atlantic Holdings Inv claims to be in Australia and Canada. However, since the broker has not given their corporate address for either country, we cannot verify the accuracy of such statements. The broker is calculating and knows tagging such location adds credence to its regulation status, given that brokers in the two jurisdictions are heavily monitored. Don’t fall for this.
While customer service support is crucial, be careful who you give access. With most illicit brokers, contacting them presents them with a perfect opportunity to further influence you to invest with them. So, even though the broker provides telephone and email contact, that does not mean you should contact them. In any case, you should only contact the broker after you are satisfied with their regulation status and terms of service.
Investment Plan
Atlantic Holdings allegedly offers five investment accounts. The first is the new investor, with a minimum deposit requirement of $250. Besides that, the plan lacks details on crucial trade parameters like spreads. Next, the passive income plan has a funding threshold of $10000. Traders in this plan also access bonuses.
The third plan is the build wealth package, where an investor needs at least $50000. The perks that come with this plan include level 3 prioritized withdrawals and dedicated account management. To open an investment secrets account, a trader must part with no less than $100000 for an account. In contrast, the Atlantic Holdings legacy account requires $250000.
The initial deposit requirements are way too high, betraying the broker’s intention to steal as much from you. Remember, you can start trading with a registered broker for much less. If you are serious about investment, it also implies you are keen on risk minimization, which you won’t have in this platform.
Kana Capitals Review
Kana Capitals tries to present itself as highly successful forex and CFD brokerage. But this website shows all the symptoms of a scam – being virtually anonymous, and lacking proper legal documentation such as Terms and Conditions and Client Agreement.To get more news about kana capitals review, you can visit wikifx.com official website.
Read the full review below to find out more about Kana Capitals – including some tips on what to do if you have already deposited with this broker.
Kana Capitals claims to be based in London, UK, but we doubt this is really the case. If they were really headquartered there, they would have been licensed by the local Financial Conduct Authority (FCA), and they clearly don’t hold such a license.
And not only that – Kana Capitals is virtually anonymous. There is no company name mentioned anywhere on the website, nor are potential clients presented with any legal documents such as Terms and Conditions. In other words, the only way for anyone to find this broker is when it reaches out to you first – and this is usually done via cold calls, social media, or even dating apps. So, if you get contacted by a representative of Kana Capitals, and you are offered seemingly lucrative trading or investing opportunities, you have every reason to be suspicious.
We remind our readers that only companies holding licenses with the FCA or temporary permissions based on their authorization in an EU or EEA Member State are allowed to offer financial services in the UK. And these brokers are required to meet a set of strict requirements in order to get such licenses.
For example, legit British brokers are obliged to keep clients’ funds in segregated accounts so that no commingling takes place, to provide negative balance to all their customers, report daily on open and closed trades, and so on. Furthermore, all FCA-licensed brokers should be members of the Financial Services Compensation Scheme (FSCS), which may pay up compensations of up to £85,000 per client in the event a licensed entity goes under and files for bankruptcy.
The broker appears to offer trading on MetaTrader5 – perhaps the best platform in the industry. Unfortunately, it isn’t directly available for download from the website and cannot be accessed even after sign-up – you have to verify your identity first.
Of course, we didn’t do that because we don’t know who are the people running Kana Capitals and what they are up to – they might be running all kinds of scams, including identity theft. It’s always preferable to stick with legit brokers who are transparent and reliable. That said, there are many such brokers supporting the MT5
Dangerous leverage ratios provided
Kana Capitals advertises leverage as high as 1:500, and such ratios are banned in most jurisdictions because of investor protection concerns. For example, the maximum leverage allowed in all EU Member States and in the UK is 1:30.
So, If you stumble upon a broker that says to be based in the UK or the EU and provides leverage ratios higher than 1:30, you may rest assured that this company is unregulated. There is no need to look it up in the registries of the financial regulators.
Recovering funds deposited with Kana Capitals
In case you are reading this review after having deposited with this broker, you are probably wondering whether you can somehow get your money back. Probably Kana Capitals has denied your withdrawal request or is delaying it for no reason – both of these scenarios are quite likely with an anonymous unregulated broker.
Scam brokers usually find different excuses for this – they might ask for additional personal information with the pretext of adhering to Anti-Money Laundering (AML) rules or say that you haven’t met some turnover requirement linked to a bonus. Whichever the case, you won’t be allowed to withdraw a single dime.
Well, in this case, the chances to restore your funds are best if you have deposited them with a credit card like Visa or MasterCard – because you can file for chargeback within 540 days from the date of the transaction. Fortunately, Kana Capitals appears to accept such cards, so you might be lucky – file for a chargeback ASAP.
Is Al Trade Scam or Legit Broker?
No, Al Trade broker is a Non-Regulated Broker. It is NOT SAFE to trade. We checked the company and found out that there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.To get more news about alpforex review, you can visit wikifx.com official website.
What is Al Trade?
Al Trade is a forex and CFD broker based in London. The company is owned by AL Trade Inc., which is not regulated to provide financial services in the UK by the Financial Conduct Authority.
It is also not licensed by any other regulatory institutions. We recommend dealing only with reliable brokerages that are regulated and authorized to provide financial services.
For example, UK’s FCA requires 125000 EUR of capital for STP license. Also in order to get this type of license, the broker needs to have a physical office in the UK. All clients of FCA-regulated brokers are protected by the Financial Services Compensation Scheme.
Al Trade Review Conclusion
We advise all investors and traders to avoid Al trade and other unregulated brokers. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BDSwiss and BlackBull Markets.
The Al Trade website is no longer active. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.
ALPFOREX is inviting you to begin your forex journey with a 30 USD Bonus. You can study Forex trading strategies and make real money with the aid of this bonus. Simply register for an MT4 account to receive the bonus. To withdraw your gains, you must trade for a minimum of $100 USD.
Loyal Fx Markets Review (2022)
Loyal Fx Markets is an online broker that is operated by Loyal Fx Markets (UK). Loyal Fx Markets provides a wide range of financial and investment services to clients worldwide. Loyal Fx Markets provides reliable and transparent trading instruments such as Forex, Indices, Energy, Shares, Commodities and Cryptocurrencies.To get more news about loyalty fx markets review, you can visit wikifx.com official website.
Loyal Fx Markets offers maximum leverage of 1:1000, floating spreads, and minimum deposit of $100. Deposits can be done via various methods including wire transfers, master/visa cards, vload, skrill, local transfer, webmoney, and neteller.
Loyal fx Markets is an online broker that provides transparent trading instruments such as Forex, Indices, Energies, Crytocurrencies, Commodities and Shares. Loyal Fx Markets provides multiple account types and the a MetaTradedr 4 and 5 trading platforms to suit all types of traders at anytime, anywhere. Loyal Fx Markets offers floating spreads, leverage up to 1:1000, and minimum deposit of $100. Loyal Fx Markets also provides fast and easy deposits, trading resources, and customer support 24/5. However Loyal Fx Markets is not a regulated broker.
The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to. In all probability, there have been other users who have already used the same service, and have expressed their opinions and feedback online on various forums.
After conducting some research on various social media platforms (Facebook, Twitter, Instagram), as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with Loyalty Fx Markets. Based on this user feedback, it appears that Loyalty Fx Markets is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform.
There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances.
When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s). This will tell you whether they are regulated by a central authority or if Loyalty Fx Markets is an offshore and/or unregulated entity.
When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction. Some examples of regulatory authorities that issue brokerage licenses are:
One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too.
Once the brokerage believes that they have extracted all available funds from an investor and his/her network, they will then proceed to suspend the account, and the investor will no longer be able to access the funds put in.
Many fraudulent firms will even claim to be domiciled in a regulated jurisdiction, and display fake regulatory licenses and addresses on their websites to try and improve their credibility with unsuspecting investors.