Dangerous scammer Azambusiness: review of the fraud scheme and feedback on the fake broker
Azambusiness is a scam broker aimed at extracting money from traders. When choosing a CFD broker, it is necessary to be careful to avoid financial losses. To check the reliability of the intermediary, it is advisable to refer to reviews and disclose possible risks. The reason for the scrutiny of Azambusiness was the publication of negative reviews. Traders claim that this company is a fraudulent project that harms clients without the possibility of compensation. How justified are these claims? Let’s figure it out.
About “Azambusiness” Company Information
Azambusiness claims to have many years of experience in the market, but does not provide exact data on the start of its activities. The intermediary’s official website is dominated by promises and advertising statements without specifics. The company claims to use modern technologies, but does not provide evidence. The domain name azambusiness.com was registered in October 2019, which contradicts claims of a long history in the market.
There is no information about the company’s management and project employees. The azambusiness.com website does not indicate the office’s location, and the address given in London actually belongs to a residential building, confirming the unreliability of the information.
Contact channels with support are indicated on the website, but numerous negative reviews testify to the inefficiency of the support service, ignoring questions, and rudeness from specialists.
Legal Documentation: Regulation and License of Azambusiness
The absence of legal documents and licenses for the company raises doubts about its activities. Azambusiness does not report having a registration certificate in the UK or a brokerage license. Official documents are only available in English, creating difficulties for clients.
The client agreement contains conditions that infringe on clients’ rights. For example, the company reserves the right to cancel a transaction or introduce additional payments, which can lead to financial losses for clients.
Registration Procedure on azambusiness.com
The registration process on the Azambusiness website is simple and requires filling out an electronic form with personal data. In case of problems, clients can contact the company’s support. The account registration procedure is simplified to attract clients quickly.
Trading Conditions on azambusiness.com
Information on trading conditions on the Azambusiness website is unclear. Swaps, spreads, leverage, and available assets are not specified. The company offers several types of accounts with different conditions, but client reviews indicate the unreliability of information and software manipulation to deprive clients of funds.
Reviews about Azambusiness
Azambusiness is criticized by traders who complain about the loss of deposits, blocking of funds during withdrawal, and deception with bonuses. Despite actively removing negative reviews, information about the company’s fraud spreads.
Azambusiness Fake Broker Scam Scheme
The review revealed that Azambusiness is a fraudulent project that attracts clients and drains their deposits. The company promises support and education, but in reality manipulates clients’ funds, not allowing them to withdraw profits. It is advisable to refrain from cooperating with this broker to avoid financial losses.