Review of Advanced Forex Offers
The company Advanced Forex offers various services, including classic trading on Forex, work in the cryptocurrency market, copy trading, and mining. We have conducted a check of the availability of necessary documents, regulatory bodies, and customer reviews to assess the reliability and profitability of cooperation.
History and Key Functions of Advanced Forex
The official website of the company presents a confusing mix of information, leaving many questions unanswered. The website changes themes and content, lacks clear terms and contacts, creating confusion. The company name changes depending on the information source, which raises doubt.
Questions about the office location and registration remain unanswered, and even the contact email address turns out to be fake. Domain data indicates recent registration, which raises doubts.
Based on past events, the company has previously attracted attention with its fraudulent activities. After public condemnation, the founders disappeared, but it appears they are trying to deceive clients again with new offers in mining and trading.
Advanced Forex Licenses
Despite having a license from CySEC, the company is not found in the regulator’s official database. A detailed analysis showed that the license was simply copied from another source without changes. Also, there is no mention of Advanced Forex in the Bank of Russia’s database.
This discrepancy underscores the unreliability of the provided Advanced Forex data and indicates the company’s lack of trustworthiness for clients.
Cooperation Terms of Advanced Forex
Clients can trade various assets, including cryptocurrencies, without dividing into account categories. The offered bonuses and services may be attractive, but it’s important to remember their hidden intentions and fraudulent schemes.
- Referring a friend can earn the client $50 as a reward.
- Opening a trade for a small amount up to $10,000 can give a $5 bonus to the account.
- Copy trading offers the opportunity to entrust account management to the company’s expert.
- The absence of maintenance fees is an additional plus.
All transactions are conducted in bitcoins, requiring a certain amount of cryptocurrency to start trading.
Reviews from Real Advanced Forex Clients
There are virtually no reviews about the company, which may indicate its recent establishment or dissatisfied clients who have encountered service deficiencies. If you have experience working with Advanced Forex, share your opinion with the public.
Deception Schemes by the Advanced Forex Ponzi Scheme Group
Past fraud schemes involve payment delays and uncertainties with financial operations. They may request premature deposits and fees but evade responsibility.
They may also misuse clients’ bank card data, carrying out dubious transactions and payments without their consent, which is another manifestation of fraud.
Why You Should Avoid Advanced Forex
We have determined that the company Advanced Forex is not a reliable choice for traders, considering its unreliability and history of fraud. Despite its glossy appearance, dubious work methods and lack of guarantees for clients are hidden behind it.
My experience with Advanced Forex was deeply disappointing. I found their platform extremely complicated and unwieldy, making navigating the copious amounts of data a herculean task, particularly for a beginner. Beyond the user unfriendliness, the analysis of basic information provided is quite subpar. I expected a detailed and comprehensive analysis, however, I was presented with superficial and vague evaluations that didn’t help me in my decision-making process at all.
The communication from their side was equally frustrating. Customer service was consistently unresponsive, creating a sense of insecurity and distrust. Furthermore, the broker fees were higher compared to the market average, which felt like a blatant disregard for customer satisfaction. In summary, Advanced Forex demonstrated a poor level of service on every front, and I would not recommend their services to anyone.