Adamaz
Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?
Review of the Adamaz broker - a drain office without a license, reviews of deceived traders
BrokerAdamaz – a forex kitchen that manages quotes and trades against clients. The project failed due to numerous complaints, but the scammers managed to steal a fairly impressive amount of money. In the future, reincarnations of the scam are possible, so traders should be on alert with this office.
Status |
SCAM |
Year of foundation |
2005 |
Affiliate program |
Yes |
Regulation and jurisdiction |
No |
Website |
adamaz.ru |
Contacts |
Country Russia City: Obninsk Address: ul. Guryanova Telephone: – |
- Loyalty requirements for the first deposit
- Fake licenses
- The official website is not working
- Complaints about lack of withdrawal of money
Trading Platform |
MetaTrader 4 |
Currency |
USD |
Deposit/withdrawal |
No |
Min Deposit |
$100 |
Leverage |
1:200 |
Spread |
Up 2 pips |
Financial Instruments |
Forex, CFD shares, futures |
Order execution |
Instant |
Bonus |
Yes |
Reference about broker Adamaz
Broker Adamaz registered in Russia and began operations in 2003. The office declares its strong position in the financial services market. Independent experts and monitoring administrators are skeptical about such statements: the project lacks regulation, which raises serious concerns about its reliability. The company offers online trading services through the MetaTrader 4 platform, but there is no detailed information about the team and their experience in the financial sector.
Sharaga attracts clients through personal managers after registration and account verification, which is actively used to manipulate clients. The main methods of earning money include trading, referral programs and return of part of the spread for completed transactions. However, real customer reviews raise questions about how the company delivers on its promises.
The scammers themselves claim to have received a KROUFR license. Assuming that the information they provide is true, it is still a violation of the law. To work legally in Russia, you must have a license from the Central Bank of the Russian Federation.
There is no specific information about the organizational structure. Everything is built on anonymity and secrecy, which calls into question transparency Adamaz official website the kitchen is not working, and Sharaga employees are avoiding communication with the previously deceived users.
Lack of clear information on regulation and licensing, as well as lack of transparency in organizational structure and activities Adamaz, creates risks for investors. Users should exercise caution and verify information carefully before investing in such projects. Traders are experiencing difficulties with cashout, but representatives of the office refuse to comment on this information.
Trading conditions of broker Adamaz
The broker offers trading through the Metatrader 4 platform, which is one of the most popular for online trading. The program is known for its functionality, user interface and automatic trading capabilities. There will be no profit, even despite the support of MT4, because the scammers refused to transfer transactions to the interbank market and cooperate with liquidity providers. They independently manage quotes, trading against clients.
Traders are offered two types of accounts to choose from – standard and mini. They have minor differences in terms of trade. However, both accounts lack support for ECN and STP.
Specific trading parameters:
- The minimum deposit amount is $60 for both standard and mini accounts;
- The maximum leverage ratio is 1:200;
- spreads vary from two to five points;
- Specific information about fees is not provided, but based on customer reviews, it can be assumed that scammers charge unreasonable and high fees;
- CFD contracts on currency pairs, stocks, indices, commodities and cryptocurrencies.
The stated conditions can hardly be called a strong argument in favor of cooperation with Adamaz investments CFDs on the platform in question are associated with too high non-trading risks. Therefore, it is better to abandon the idea of trading with a broker.
Additional services:
- support: round-the-clock technical support for customers through various communication channels, including telephone, mail, chat, ICQ and Skype;
- educational materials: access to technical, fundamental and fractal analysis, as well as educational materials.
Despite the conditions provided, there are serious concerns about the reliability of the project, especially given the lack of regulation and licensing, as well as negative customer reviews. This is a factor when deciding whether to work with this broker.
Adamaz broker exposed
Counterparty Adamaz, posing as a legitimate broker, turned out to be a classic example of fraudulent activity in the forex trading industry. This company, which claimed to be registered in Belize and Cyprus and have thousands of clients, was in reality nothing more than a phony broker defrauding unsuspecting investors.
Signs of fraud at work Adamaz:
- the scam claimed to be registered in prestigious jurisdictions, but these were just empty words designed to give the company legitimacy;
- the company actively targeted both experienced traders and beginners, offering the latter useless educational materials that could easily be found on the Internet for free;
- at the end of its existence Adamaz switched to info gypsy, offering accounts from dubious kitchens and making money on affiliate programs;
- scam did not provide a complete list of trading instruments before registration, which is a red flag for any broker. Honest companies do not hide such important information;
- There are no positive comments about the project’s activities. On the RuNet there are only complaints from deceived investors experiencing problems with cashout;
- the trading terms offered included inflated shoulders and wide spreads, making trading extremely risky and unprofitable for traders;
- there was no information on the kitchen’s website about depositing and withdrawing funds, which is another sign of fraud;
- Over time, the company changed its rhetoric, becoming anonymous and promoting the services of other dubious brokers.
- the counterparty has never had a forex broker or dealer license, which makes its activities illegal and dangerous for traders.
Adamaz is a prime example of a scam kitchen that uses deception and false promises to attract customers. The lack of transparency, false registration and licensing claims, and unfavorable trading conditions make the project in question a dangerous choice for any trader. This is a reminder that before working with any counterparty, it is necessary to conduct thorough research and check its legitimacy.
Reviews of the broker Adamaz
Comments from practicing traders help to form a clear understanding of the specifics of cooperation with the kitchen Adamaz reviews confirm the absence of the possibility of withdrawing funds, managers’ manipulations with quotes, and the presence of hidden commissions.
Kirill describes a situation where employees of the organization deceived and demanded more and more money without fulfilling their promises. This behavior is typical of scammers who use cheap scam methods to steal the savings of ordinary people.
Stas, in turn, notes that counterparties were one of the first participants in the wave of Forex scams, which emphasizes its long-term history of questionable practices and approaches in working with clients.
Valentina and Anna encountered serious problems when trying to withdraw funds; the scammers simply refused to consider the cashout request without providing clear explanations. This behavior is a clear sign of fraud and highlights the broker’s unwillingness to fulfill its obligations to clients.
Nikolai and Denis express their dissatisfaction with the complete disregard of their requests by the support service. The lack of responsibility and client focus on the part of the broker creates the impression of unreliability and unprofessionalism.
Roma highlights problems with opaque trading conditions and steep losses after initial successful trades, which could indicate manipulation by the broker.
The listed arguments are quite enough to refuse cooperation with Human review complaints once again confirmed the illegal activities of the project. It was originally created to steal money.
Conclusion
Broker Adamaz engages in fraud in financial markets. Many newbies have fallen victim to this scam. Scammers ignore their own promises and engage in unauthorized blocking of trading accounts, which makes making money impossible. If you also suffered from these scammers, write to us and we will help make a chargeback with full compensation for financial losses.
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FAQ
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 Adamaz on the company profile page.
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Expert opinion
Office Adamaz organizes kitchen trading. Scammers pretend to be active in the interbank market, but in reality they steal money from newcomers. Scammers use manipulations with quotes to knock out stop orders, thereby causing losses even when concluding promising transactions.