According to the company statements they are registered in Switzerland. Through the research, we could see that this is a freshly registered domain only since January 2023.
On the positive side, with European brokers, you know exactly what to look for. Stay with us and learn all the dirty tricks of scam brokers through this detailed Audemars Group review.
All except for the warning that came up directly from FINMA. In the published warning they claim that the company is not even registered in Switzerland. That tells you everything you need to know about Audemars Group scam broker.
The company claims to provide security, innovative technology and world-class support. On top of that, they lie about awards. Such presentations are often used in their adverts to attract traders into registration.
However, the journey starts once you leave your contact details. In general, their agents will relentlessly call you and harass you unless you deposit with them. Now we will discover other signs that you have to look for, especially if you are from Europe. But if you want to find out already how to recover your money, feel free to leave us a message.
Even though the company operates under this name since 2023, its patterns are visible. They are mainly scamming traders from:
It’s just a matter of time before other regulators will follow FINMA’s steps. To know what to avoid when choosing a broker check our CMMCI Securities and Canz Trades reviews as well. But if you need assistance to recover the funds, contact us right away!
Generally speaking, scam brokers tend to use proprietary platforms because those can be manipulated. Through the back end, they can easily change market data or even account balances. That’s how traders fall for dirty tricks. Not to mention that they offer only basic trading tools.
Instead, we suggest traders use licensed brokers with trusted third-party software. Such as cTrader or Meta Trader.
Since the platform is web-based, mobile users can only access their accounts via browser. Overall, this is quite frustrating, especially for traders used to mobile app trading. But even if Audemars Group scam broker had the app, it wouldn’t be reliable as the ones mentioned above.
Instrument availability is the least important thing with scam brokers. Simply, because everything is fictive. But with a wide range of instruments, they are trying to look legit. Anyway, you can invest in:
With Audemars Group broker you can choose between 5 live accounts. Those are
The main benefits coming along with higher deposits are signals, a dedicated account manager, protection, access to secret groups and more. Yet, none of the financial benefits are presented.
To make it even worse, you can’t test the company platform through a demo account. Because they don’t provide it to traders.
With a high minimum deposit requirement, this is not a suitable option for beginners. But also for experts that want to test the broker.
Strangely for the European broker, they offer leverage of up to 1:500, while all European regulations allow a maximum of 1:30. However, spreads, fees and tax information remains unknown with this scam broker.
Another key fact is Audemars Group welcome bonus. In Europe, these bonuses are banned because of malicious clauses that are coming together with them.
In fact, the situation is the same here. To be able to withdraw any bonus funds you have to reach minimum trading volume. In this case 30 times the deposit amount plus added bonus.
With such a shady withdrawal policy and open lies about their registration in Switzerland, it’s highly unlikely possible. Therefore, we advise you to rethink your decision of investing here.
Besides, there are already some traders reporting withdrawal issues with this broker. Instead, you can avoid any headaches and choose trusted Tier 1 licensed brokers.
Primarily, you should report it to the authorities. But they rarely can help you recover the funds. Yet, there are a few options available. In some cases, you can file a chargeback, but in some, you have to use more advanced technology. Such as CipherTrace for crypto tracking.
If you want to get your money back, book a free consultation with our team today to find out how. The quickest way is by reaching out via live chat.
No. Trusted regulator FINMA already exposed that the company is not registered in Switzerland.
By accessing your account options you can choose the option to delete your account completely
Firstly, report to authorities and leave your opinion to the broker. Secondly, find out options for funds recovery. Contact our expert team for assistance!
The post Audemars Group Review – Newbie In the Business Already Exposed appeared first on Global Fraud Protection.
