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Rating Forex / Brokers / Advanced Markets

Advanced Markets

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

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    Advanced Markets broker review - reviews of a scammer in the financial markets

    Advanced Markets is a platform focused on providing trading services in financial markets. The main emphasis is on ultra-fast and direct order execution, accompanied by a convenient account opening and funding process. The platform offers a wide range of trading assets and uses innovative technology to provide stability, connectivity and security in trading.

    Traditionally, the claims of scammers are far from the truth. At the helm of the office are scammers who want to make money at the expense of gullible people. The project cannot be trusted. Sharaga does not have access to financial markets and operates on the principle of the most ordinary kitchen.

    Status

    SCAM

    Year of foundation

    2022

    Affiliate program

    Yes

    Regulation and jurisdiction

    ASIC

    Company Features

    Money scam. The company blocks the withdrawal of funds.

    Website

    advancedmarkets.com

    Contact details

    Phone: +1 704 544 9444, Email: [email protected]

    Pros
    • The company is registered in the USA
    Cons
    • Traders from Russia are forced to work with an offshore subsidiary
    • Lack of a license from the Central Bank of the Russian Federation and corresponding registration
    • There is no detailed description of trading conditions
    Trading Platform

    UltiMT Platform, Fortex 6

    Types of accounts

    One type for individual clients, demo account

    Currency

    USD, EUR, GBP

    Deposit/withdrawal

    Bank transfer, cryptocurrency, e-wallets

    Minimum deposit

    $2,500

    Leverage

    1:100 for currencies

    Spread

    Floating, varies

    Financial Instruments

    Currency pairs, CFDs on metals, stocks, indices, cryptocurrencies, commodities

    Liquidity Provider

    Банки: JPMorgan, Bank of America, Barclays, UBS, Standard Chartered

    Competitions and bonuses

    No information

    Checking information about the broker 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.

    Expert opinion

    Eugene Rudenko

    Management CompanyAdvanced Markets Holdings is registered in the United States. The brokerage firm’s website contains the number of the certificate of incorporation. The legal address in North Carolina has also been published, where the project headquarters is also located. In addition, there is Advanced Markets (Bermuda) Ltd., a chartered limited company registered in Bermuda.

    This is exactly what divorce is about for non-US residents. Americans trade on a platform whose activities are strictly regulated by local law. Clients from other countries open accounts with an offshore subsidiary. Its activities are not controlled by anyone.

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

    Reviews about the broker Advanced Markets

    Users negatively assess the prospects for cooperation withAdvanced Markets reviews in RuNet – these are continuous complaints from deceived investors. Sharaga is unable to fulfill her own promises. No one has yet managed to make money by trading on the platform of such a dubious counterparty.

    Several users indicate significant delays in order execution, reaching 30-50 seconds and even 2-3 minutes. Such delays in trading result in significant financial losses, especially in a rapidly changing market.

    Michael41 emphasizes that currency pair quotes on the platformAdvanced Markets differ from standard ones by 10-15 points. This indicates price manipulation or lack of transparency in the office’s work.

    Users complain about technical failures and glitches of the platform, which leads to inconvenience in trading and loss of funds.

    Traders accuse the brokerage house of fraudulent activities. Cases are mentioned when the company offered to top up the account with large sums, after which the clients’ accounts were blocked without explanation. Several reviews point to a lack of responsiveness or even ignorance of customer requests from the support team. This creates additional difficulties for users who encounter problems on the platform.

    Feedback analysis shows that customers are experiencing a number of serious issues, including technical issues, delays in order execution, differences in quotes and potential fraudulent activity by the company.Advanced Markets review complaints from investors only confirmed guesses about too high non-trading risks when collaborating with the office.

    Conclusion

    The Forex kitchen operates illegally and continues to take money from traders who have no experience in trading the financial markets with impunity. The only way to get your startup investment out of this trap is make a chargeback. Our experts will tell you in detail how to receive compensation for losses resulting from violations byAdvanced Markets Investments the project is meaningless. Sharaga won’t let you make money.

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    FAQ

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    Does the opinion of a broker's clients affect its reputation?

    The company’s rating and reputation largely depend on whether its clients are satisfied. The reviews about Advanced Markets are not the most flattering, and therefore you should take a close look at them before deciding to cooperate with this platform.

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    How to write a review about cooperation with Advanced Markets on the website?

    To add a review of this company on the resource, you do not need to spend a lot of time. The whole procedure takes no more than 5 minutes, and this is already with registration. A letter with a link to confirm registration will be sent to your e-mail, and it will also contain detailed instructions on how to add a review to the site.

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