Who is Active Resist and what does it offer?
Broker Active Resist, although being in the market for 4 years, remains relatively unknown to traders. In this review, we will try to understand why reviews about working with Active Resist are so rare and how much trust can be placed in this company in the trading sphere.
Main data and details of Active Resist
According to the information on the company’s website, Active Resist was established in 2019 and has been striving to provide optimal conditions for clients throughout its existence. However, reviews about working with the broker on the internet have not been found.
The company’s domain registration occurred in 2017, but was reissued at the beginning of 2022. The new owners decided to conceal their data. There is also no information about the company’s registration and its location.
The address listed on the website actually belongs to a distribution service. In the database of German company registrations, we did not find any mentions of the company Active Resist.
In general, based on all the facts identified, it can be concluded that Active Resist represents a potential scam created by fraudsters.
Accreditation of Active Resist
The broker’s website indicates affiliation with popular regulators such as the Cyprus Securities and Exchange Commission, the International Financial Services Commission of Belize, and the Financial Services Commission of Mauritius. However, checks in the registries of these organizations showed that Active Resist does not have licenses from any of the mentioned regulators.
The company Active Resist attempted to touch the Russian market, as evidenced by localization and advertising on social networks. However, the broker has not obtained a license from the Central Bank of Russia.
Markets and trading conditions of Active Resist
Active Resist offers trading in currencies, metals, stocks, commodities, and cryptocurrencies. To start trading, a trader must choose an account and deposit a minimum deposit (from $150 to $10,000). There are various deposit methods available, except for bank transfers, as the company does not have bank accounts.
For more active trading, traders are offered leverage from 1:100 to 1:500. Additional conditions such as spread size, commissions, trading terminal version, etc., are not disclosed. It is also unknown whether there is a welcome bonus or referral program.
Reviews of cooperation with Active Resist
The marketing and design of the company’s website hint at the fraudulent nature of Active Resist. There are almost no reviews of working with the broker yet. This section will be updated as new reviews become available.
Risks for Active Resist clients
Most kitchen-type operations operate similarly. Employees call potential clients, offering Active Resist services. Scammers also seek new clients on social networks and forums. After registration, users are provided with the opportunity to trade on a simulator where liquidity providers are absent, and quotes significantly differ from market prices.
To retain a client, they will be offered to pay for training or purchase a profitable trading strategy for a large sum. Some traders, trying to earn money, end up losing their savings and property.
Conclusions
Active Resist is a suspicious project without registration, licenses, and confirmed information on the website. Caution and attention should be exercised when choosing intermediaries for trading on financial markets.
