Honest review of the broker AKO Capitals: reviews from clients deceived by a scammer
**Honest review of AKO Capitals broker: reviews of deceived clients scammed by fraudsters**
Traders often choose European brokers, trusting them more. However, among such companies, there are scammers. One of them is **AKO Capitals**. The internet is full of negative reviews about it. People warn: this is a team of crooks scamming for money. Former clients advise avoiding this company. Let’s conduct an objective review of akocapitals.com and find out if these negative reviews are true.
Who owns the AKO Capitals project?
According to the official website akocapitals.com, the company was founded by Belgian investors under the leadership of Brugge Kurt in the late 90s. Starting from 2009, the company actively developed and promoted its services in the financial market.
However, by checking the facts, it can be seen that the headquarters address does not correspond to the stated Belgian origin of AKO Capitals. There is no office of the company at the provided address in Prague. It is possible that this is false information, and scammers are hiding the real location.
It is also important to note that KB Capitals, which closed its operations after critical reviews, is also registered at the specified address. There is a possibility that AKO Capitals is another scam project by the same crooks.
AKO Capitals broker website review
The AKO Capitals website is available only in English and Russian, indicating an orientation towards CIS residents. The interface of the resource is inconvenient, information is hidden, making it difficult to understand the offered services. Reviews claim that scammers extract contact information, calling clients with offers to register and make a deposit.
There is an “Educational Center” section on the site, which is a small glossary of terms and instructions for beginners, mostly aimed at inviting registrations.
There is no license on the site, although the company mentions having a regulator. This raises doubts about the legality of their activities. Clients collaborating with AKO Capitals risk falling outside the laws as the broker does not provide reliable information about monitoring its activities.
Trading conditions of AKO Capitals
The broker offers a wide range of assets but recommends contacting a manager for selection. Account funding is possible through various methods, but only dollars and euros are accepted. It is important to note that withdrawal of funds can take up to 10 days, especially for large amounts.
Clients have access to 4 types of accounts with different conditions. However, offers such as high leverage and low spreads may raise concerns for experienced traders.
AKO Capitals stocks and bonuses review
The broker offers various bonuses, including 100% on the first account replenishment and loss insurance. However, to withdraw bonuses, a tenfold turnover is required. The referral program provides rewards for invited users.
What do traders say? Review of “AKO Capitals” reviews
Reviews about AKO Capitals indicate fraudulent activity of the company. Clients complain about capital drains and refusal to withdraw funds. Experienced traders immediately recognize the scam schemes used by the company.
AKO Capitals scam scheme
The broker attracts clients with promises of high earnings but actually deprives them of funds. Scammers from AKO Capitals rob users, and their actions go unpunished due to the difficulty of holding them accountable.
Review summary
The “AKO Capitals” project is fraudulent, and it is strongly not recommended to collaborate with it. The company provides false information and aims to deprive users of funds. Remember that there are always more reliable brokers for trading.
Author: Irina Vladimirova