Advanced Markets

The Bermuda branch of the brokerage firm has applied to be licensed by a local financial auditor. However, this is a very unreliable jurisdiction. Simplified offshore zones are actively used by swindlers to scam people out of money.

The website does not provide information about:

• date of foundation of the company;
• its founders;
• awards;
• details of the organizational structure of the business.

All these factors indicate a failure to provide transparent service. Investors simply don’t trustAdvanced Markets official website The project cannot be called informative. Scammers hide key aspects of cooperation. They focus on loud promises, guaranteeing a stable income only in words.

In Russia, a brokerage firm operates illegally. The office did not receive a license from the Central Bank of the Russian Federation and the status of a self-regulatory organization. Sharaga did not even bother to register the legal entity in the appropriate Russian register. Therefore, trading on this platform is too dangerous.

Terms of trading with broker Advanced Markets

On the websiteMarkets Advanced information regarding trading conditions is presented, but specific details about parameters, available platforms and types of trading accounts are not specified. A superficial description of a commercial offer is one of the signs of fraud on the part of a brokerage firm.

• sharaga emphasizes the use of innovative technologies to ensure stability, connectivity and security in trade. It is mentioned that all trading operations are carried out on the fastest trading platforms available in the market. However, specific platform names or characteristics are not mentioned;
• The scam highlights the ability to trade a wide range of asset classes on the global network: various currency pairs, CFDs and other financial instruments. Detailed information on leverage, spreads, commissions and other trading conditions is not provided;
• the site does not mention specific types of trading accounts, their features or conditions;
• A risk warning is published in the footer of the official website. At the same time, managers in personal communications with users deny the likelihood of financial losses as a result of trading.

These points only once again emphasize the danger of cooperation with Advanced Markets personal account It’s definitely not worth opening here. Trading with such a dubious counterparty will result in the loss of your deposit.

Advanced Markets broker exposed

The company announced too wide a range of services. The scammers promise their clients:

• classic Forex trading;
• trading in the cryptocurrency market;
• copying transactions;
• mining.

All activities are carried out without licenses. The company is a fraudulent project. There are no clearly stated conditions and contacts on the broker’s official website.

Advanced Forex offers trading of standard assets and cryptocurrency, but without division into different types of accounts. The conditions are the same for all clients. The company offers various bonuses and rewards. Beginners do not understand that all rewards need to be worked off. This is what scammers take advantage of.

The office uses schemes similar to those previously used by Advanced Mining Technology. This includes delays and cancellations of payments, as well as the use of customer bank card data for illegal transactions. When it comes to cashouts, scammers start making up excuses to delay the withdrawal.

Sharaga has been spotted blocking trading accounts for no apparent reason. Managers claim that access to trading accounts is limited due to a violation of the user agreement. At the same time, the office refuses to specify what exactly the client committed illegally.