Arptrade.com Review
Beware Investors Arptrade.com – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements.
Who is arptrade.com:
Arptrade.com is a website that claims to offer online trading services in forex, stocks, commodities, indices, and cryptocurrencies. The website does not provide any information about the company or the people behind it, except for a phone number and an email address. The website also does not disclose any regulatory information or license number, which is a red flag for any online trading platform.
Regulation:
Arptrade.com is not regulated by any reputable authority. In fact, the Financial Conduct Authority (FCA) in the UK has issued a warning against arptrade.com on 12 November 2023, stating that this entity is not authorized to provide financial services or products in the UK. The FCA also advised investors to be wary of dealing with arptrade.com and to report any contact from them. The FCA warning can be found here: https://www.fca.org.uk/news/warnings/arptrade-com
Location:
Arptrade.com does not reveal its physical location or address on its website. The only contact details it provides are a phone number (+44 203 807 0381) and an email address (support@arptrade.com). However, these details are not reliable, as they could be easily faked or redirected. Moreover, the domain name of arptrade.com was registered on 15 October 2023, which means that this website is very new and has not established any reputation or credibility.
Services:
Arptrade.com claims to offer online trading services in various markets, such as forex, stocks, commodities, indices, and cryptocurrencies. The website also claims to provide access to a web-based trading platform, as well as educational resources and market analysis. However, these claims are not verified or supported by any evidence or testimonials. Furthermore, arptrade.com does not disclose any information about its trading conditions, such as spreads, commissions, leverage, margin requirements, or withdrawal policies.
Reviews:
Arptrade.com does not have any reviews or feedback from its customers on its website or on any third-party platforms. This is another indication that arptrade.com is not a legitimate or trustworthy online trading service provider. Moreover, arptrade.com may be using fake or paid reviews to attract unsuspecting investors and lure them into depositing money with them.
Customer Service:
Arptrade.com does not have a dedicated customer service team or department. The only way to contact them is through their phone number or email address, which are not reliable or responsive. Many investors have reported that arptrade.com does not answer their calls or emails, especially when they request to withdraw their funds or close their accounts. Arptrade.com may also use aggressive or misleading tactics to pressure investors into depositing more money or opening more trades.
Securing Your Investments Against Unscrupulous Brokers:
If you are looking for a safe and reliable online trading platform, you should avoid arptrade.com and other unauthorized entities that the FCA has warned against. You should always check the regulatory status and reputation of any online trading service provider before you sign up with them or deposit any money with them. You should also read the terms and conditions carefully and understand the risks involved in online trading. You should never invest more than you can afford to lose and always keep your personal and financial information secure.
Conclusion:
Arptrade.com is an unauthorized entity that the FCA has warned investors to avoid. Arptrade.com does not provide any information about its company, location, regulation, or services. Arptrade.com may be a scam that aims to defraud investors of their money and personal data. We do not recommend arptrade.com as a trustworthy online trading platform and we advise you to stay away from it.
