Rating Forex / Brokers / Adamant Finance

Adamant Finance

Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?

Page content

Adamant Finance review – broker assessment, scam scheme

The office has been operating since 2015, but ceased to exist in 2019. There is every suspicion that the company provides services from another site. Because we are dealing with very large and experienced scammers.

S	SCAM
Year of foundation	2015
Affiliate program	Yes
Regulation and jurisdiction	SVG FCA
Website	adamantfinance.com
Contacts	Country: St. Vincent and the Grenadines City: Kingstown Address: The Jaycees Bulding, Stoney Ground Phone: —

Pros

Russian version of the site
Large selection of payment methods
Low entry threshold

Cons

No brokerage license
Imitation of trading without transferring transactions to the interbank market
Draining clients, blocking withdrawals

Trading Platform	MetaTrader 4
Types of accounts	Classic, MarketPro, MarketPrime
Currency	USD, EUR
Deposit/withdrawal	Visa, Mastercard, QIWI, Neteller, Skrill, WebMoney, Yandex Money, FasaPay, Payeer, ADVCash, Bitcoin, Perfect Money, CashU, Norvik Banka
Min Deposit	$1
Leverage	1:500
Min. order	0,01
Spread	0
Financial Instruments	Forex, metals, indices, future
Bonus	Yes

Analysis of the history of Adamant Finance

The history of the broker Adamant Finance began in 2014. This young broker in the financial services market defines itself as an institutional broker, allowing transactions without intermediaries and providing access to the interbank foreign exchange market to both individuals and legal entities.

The company is registered in an offshore zone, namely in Saint Vincent and the Grenadines, which raises certain concerns about its reliability. The broker does not have a contact phone number or an SSL certificate, which increases doubts about its transparency and security. In addition, there is no clear information about the broker’s regulator and license information, both on the website and online.

The goal and mission of Adamant Finance, judging by the services provided, is to provide clients with the opportunity to trade in financial markets with various instruments, including currency pairs, metals, commodities, stocks and indices. However, given the lack of clear licensing and regulation information, as well as negative user reviews, there is a risk for potential clients when working with this broker.

Based on these facts, we can already say with confidence that we are dealing with classic cuisine. The official website adamantfinance.com is filled with fake facts and fictitious statements that have nothing to do with reality.

Additionally, we checked the specified license number; of course, the auditor did not issue such a document.

Additionally, we checked the domain. We were convinced that the company was manipulating regarding the declared length of service. The site was launched only in 2023, anonymous managers are lying about 2014. Of course, this is another bluff.

Terms of cooperation Adamant Finance

Broker Adamant Finance offers its clients the following types of accounts:

Classic. Account currency: dollar or euro. Leverage: up to 1 to 500. Floating spreads: from 2 points. Available assets: 27 currency pairs and 4 metals;
MarketPro. Minimum deposit: $125 or equivalent in euros. Leverage: 1 to 200. Floating spreads: from 0.5 points. Available assets: everything except indices. Commission: $5 per lot;
MarketPrime. Minimum deposit: $250. Leverage: 1 to 100. Floating spreads: from 0 points. Access to all tools. Commission: $4 per lot.

Now regarding the general characteristics for accounts:

market execution of orders;
50% Stop out;
0% deposit upon locking;
minimum position volume: 0.01 lot;
the ability to use advisors;
no requotes.

A leverage of 1:500 is an indicator that we are dealing with scammers. This is also proof that no one regulates the activities of the service. Because a normal auditor will not provide a certificate to a project that violates the prescribed standards.

Financial transactions with Adamant Finance

A review of Adamant Finance showed that the firm offers several bonuses to choose from. There is a Bonus50 bonus account, when opening an account the user receives $50. Withdrawing money is not immediately available, it needs to be worked out. The conditions are specified for over a hundred transactions, the turnover is up to 6 lots, and 30 days are given for this.

Every 50 days, a trader can receive 200% of the account replenishment amount in the form of bonuses, but not more than $20,000. Some bonuses can be withdrawn after they have been spent. Bonuses are valid for 50 days, after which unused balances expire. The minimum amount to top up your account to receive bonuses is $200.

Regarding the conditions for carrying out operations for input and output, the following nuances are known here:

Various payment methods are available for depositing and withdrawing funds, including Visa and Mastercard, bank transfers, electronic payment systems and Bitcoin.
The time for depositing and withdrawing funds varies depending on the selected method.
commission for transactions in both directions, with the exception of AdvCash;
fees can range from 0.5% to 7%, with a 3% fee for cryptocurrency transfers.
To withdraw funds, you must undergo full verification.

Next, we invite you to read user comments.

Open full review Hide Review

Expert opinion

Eugene Rudenko

Broker Adamant Finance, operating since 2014, is a company with no divisions or offices other than its headquarters located in St. Vincent and the Grenadines. The lack of a contact phone number and registration in Russia, as well as the lack of an SSL certificate, raise concerns about the reliability of the broker. Adamant Finance offers trading in forex, metals, commodities and indices, but the range of instruments is limited depending on the account type. The broker offers three types of accounts: Classic, MarketPro and MarketPrime, with different trading conditions and commissions. A special CopyFX account is also available to copy trades of experienced traders. After analyzing the reviews of ex-clients, we finally came to the verdict that we have a kitchen.

Want to spread the word about your company or have you been in a negative review? Contact the portal editorial office right now

Adamant Finance Reviews

There are plenty of comments and mentions about the broker. These are mainly complaints about the lack of withdrawal of money. If you carefully study the stories below, you will be convinced that there is no return on the part of the broker. In addition, there are serious problems with the terminal.

Of course, there are references to copying transactions. Mostly, ex-clients are dissatisfied with the outcome of cooperation. Because the kitchen thus speeds up the draining of the deposit.

Opening a personal account with Adamant Finance is a serious mistake for those who want to make money and not lose.

Seeing that traders do not have a license, questions about reliability should not automatically arise. But, unfortunately, only a few people pay attention to the documents that give them the right to legally provide services in this niche. Thus, they begin to cooperate with scammers.

Don’t forget about the existence of chargeback. This is what allows you to get your money back. The procedure is available to everyone, the outcome depends solely on the correctness of the actions. You can consult the intricacies of forced cancellation of a transaction, just write to us.

Conclusion about Adamant Finance

Based on information from the site, the following signs of a potential divorce on the part of the Adamant Finance broker can be identified:

lack of clear licensing data. The broker’s website and other sources lack information about the regulator and license, which is a critical factor for trust in the service;
registration was completed in an offshore zone. St. Vincent and the Grenadines is a favored territory, often associated with less regulation and control;
problems with withdrawing money. Many clients complain about the lack of withdrawals;
lack of accountability and transparency. The company does not provide sufficient information about its activities, including information about the owner and financial statements;
negative reviews. A large number of comments from clients pointing out the broker’s unfair practices;
lack of effective technical support and reluctance to solve customer problems;
high leverage;
excessively inflated bonuses;
use of outdated quotes, slippage on trades and problems with trading software;
an attempt to hide a negative reputation by changing the name and domain of the site.

These signs act as direct evidence of divorce on the part of Adamant Finance.

OPEN AN ACCOUNT WITH A RELIABLE BROKER

Ready to start investing? Open an account with a proven broker with the best conditions and favorable bonuses

FAQ

How do customer reviews about Adamant Finance affect the company's rating?

Customer reviews are one of the main criteria that influences the placement of a broker in the ranking of the best companies. You can see all reviews about Adamant Finance on the company profile page.

How to write a review about cooperation with Adamant Finance on the Forex Rating website?

Register on the Forex Rating website – it’s free and takes up to 5 minutes, taking into account the registration confirmation via the link that will be sent to your email. Detailed instructions on how to leave a review about Adamant Finance can be found here.