Arbitrage Profits Limited: customer reviews about the company in 2023
Review of a brokerage organization by a professional
Arbitrage Profits Limited, in the opinion of traders, is considered a mediator that causes dissatisfaction. But should you believe everything that is said? Often reviews can be distorted by biased opinions, so before drawing conclusions, it is important to conduct an independent evaluation. Let’s consider the main characteristics of this broker: results of legal documentation verification, opinions of real clients, commercial conditions. This will help make an informed choice.
Analysis of Arbitrage Profits Limited
Arbitrage Profits Limited positions itself as a successful broker focusing on results. According to the company’s data, 97% of clients remain satisfied with the cooperation (despite negative reviews).
The broker’s website is available only in Russian, indicating a goal to work with an audience from the CIS countries, despite mentioning an office in London and documents from offshore regulators. Unfortunately, information about the company’s time in the market was not found, and the domain aprofits.limited was registered in November 2022.
Clients often complain about the support service, especially considering the lack of a phone number and the presence of only +7 (trying to pretend to be Russian), as well as the absence of a genuine email. The feedback system is the only means of communication. According to users, the support team ignores requests, showing complete indifference to the clients’ needs.
Legality of Activities
Arbitrage Profits Limited provides fake legal documents from offshore zones. A conducted check revealed the falseness of the documents. The broker’s site lists an address in London, and they have a registration certificate, although it is unknown where it was issued. According to information from the Companies House registry, the broker did not confirm its status, and the legal entity status was canceled.
For legal activities, a mediator must have a license, but according to the FCA registry, the company ignores the legislation. Dealing with an unregulated company poses financial risks.
Company Conditions
Arbitrage Profits Limited provides the opportunity to trade various assets, but exact conditions can be learned only after registration:
- No demo account, risky trades;
- Minimum deposit of $250;
- No commissions;
- Leverage up to 1:2000;
- Promises of fund security, despite the lack of grounds;
- Spreads from 0.1 points.
Reviews indicate financial indiscipline on the platform, showing the company’s desire to enrich itself at others’ expense.
Client Reviews and Company Operations
Clients leave negative reviews about the work of Arbitrage Profits Limited, citing failure to fulfill obligations, pressure, extortion, and refusal to withdraw funds. Check reviews from other clients and be cautious before collaborating.
Fraudulent Actions
After registration, newcomers are offered the assistance of a mentor who provides advice and suggests installing AnyDesk for training. Scammers gain access to the user’s account and can zero out the deposit, blaming it on a technical glitch.
Conclusions
Trusting Arbitrage Profits Limited can lead to financial losses and a negative experience. Before collaborating, ensure the company’s reliability and do not entrust your capital to suspicious brokers.