ActivBroker Review: Activbroker.com Awful Forex Scam
ActivBroker (Activbroker.com) is another rotten CFDs, Crypto Currency, and Forex scam to hit the trading world. Activ Broker is purporting to offer a wide array of trading assets on their website. Members who signed up were promised to get assets such as Crypto Currency and Shares. What we found shocking with this platform is that they are another cloned website. Read this detailed and honest ACTIVBROKER Review for more information.
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ActivBroker Review
After receiving numerous email complaints from members, we decided to conduct an investigation. Most of the complaints centered on the broker refusing to grant withdrawals to members. A platform which does not allow their own members to withdraw their funds is cooking up smoothing slimy. Ensure you read this entire review as we expose some of the dirty tricks used by scam artists. ActivBroker is another online platform which is stealing from anyone who signs up.
Scam artists have perfected the art of cloning websites and are showing off with this platform. Activ Broker is simply creating a website which looks like a real trading website. A look closely will reveal some shocking truth regarding what is really happening. Make sure to stay away from illicit brokers who have been sidelined and blacklisted by online reviews. Before you open an account with Activ Broker, it is good you read reviews. Get to know how ActivBroker is scamming unsuspecting online investors.
About ActivBroker
According to information on their homepage, they claim to be a UK based broker. Facts will reveal that this is not true and these scam artists are using fake location details. By targeting European investors, they hope to entice them by making at appear they are based in London. Stay away from this and other platforms which share the same characteristics as Activ Broker.
Anonymity is another red flag we must raise with this platform. Who are the founding members of this platform? Why can’t we get the names of people running the show? Anonymity allows scam artists to steal from investors without being traced. If you find any online investment platform without names of brokers, it is best you stay away. No one knows the actual company behind this platform which makes it a total scam. Stay away from Activ Broker or become their next victim.
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Is ActivBroker licensed or registered?
Information reveals we are dealing with a platform which lacks a valid trading license. Since they claim to be based in London, you would expect them to be fully licensed by the FCA. The FCA’s records have no broker or platform licensed under this name. It is what makes trading with this platform a real pain in the neck. Whoever opens an account with this platform should expect a rough trading experience.
Where is their license and registration detail to confirm their trading license? You would expect the broker to post their license and registration credentials at the footer of their homepage. Without any valid license details, it is clear ActivBroker is operating without a valid trading license. Make sure to stay away from this and other platforms which are operating without a valid license. Funds are never safe with such a broker and trying to recover funds becomes next to impossible.
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Advantages of ActivBroker
We could not come up with any advantage of trading with this platform. Whoever signs up with this platform should know their funds are never safe. ActivBroker is planning to run away with your funds immediately you sign up with them. Whoever gets contacted by their so-called account managers should drop the call. Most members are now crying foul after having no access to their accounts.
Disadvantages of ActivBroker
Accounts Offered
ActivBroker is furnishing users with four different account types to choose from. Accounts are listed as Basic, Silver, Gold, and Platinum. What we noticed odd with these accounts is lack of proper details regarding account features. No one knows the leverage and spreads available with these accounts. Another problem is having a dedicated analyst who is never available. Scam artists will post just about anything to trap investors.
Deposit and withdrawal
Another disturbing feature with this platform is in regards to how deposits take place. When we contacted one of the victims, they claimed to have been issued with a bank account. And this is a lie since no member sees their actual balance. Remember no one has proof of ever withdrawing with this platform, make sure to stay away.
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Fake awards
The broker claims to have different accolades? 2015 best trading platform is one of the many awards they claim to have. We have a big problem with this as it is another rotten plot to entice users to sign up. If you look closely at these awards, you can see they are just logos. Why have they failed to post pictures of any of their staff receiving these awards?
Web Based Platform
ActivBroker is using a web based platform which is unstable and not tested. What we noticed with the website is that it lacks proper security features. You would expect a broker to have the basic security protection on their website. Lack of DDoS protection and SSL encryption is a major shocker as it allows intrusion. Hackers can easily take advantage of this platform and steal personal information and credit card details.
Are funds safe with ActivBroker?
How can funds be safe with a platform which is stealing from their members? Segregation of accounts is also another huge problem which is facing this platform. Members are depositing funds straight to owner’s bank account. No one should expect any compensation as the platform does not participate in a compensatory scheme. Stay away from this platform and resist the calls to sign up.
Is ActivBroker a scam?
Evidence clearly shows we are dealing with a scam. Stay away from this platform as it is clear they are stealing from investors. Mark all their emails as spam and never click on any links sent by their email marketing team. Warn your friends from joining any of their affiliate programs. You need to stay away from this platform and start using approved products which are genuine.
Bottom line
We will be adding this platform to our scam blacklist and ensure our readers know the details regarding Activ Broker.
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Wishing all investors all the best in their trading activities.