APlus Trader

Registration is the most secure method of obtaining the most favorable trading and payment terms from a suspicious broker. When we filled out the quick registration form, all we received was a text message that said the broker would be in touch with us shortly. Naturally, “soon” never came and we ended up getting all the information about trading from the site. Be aware that the site APlus Trader’s website APlus Trader is not trustworthy.

The financial instruments available are described as CFDs and FXs, but there are no specific information on what CFDs are. The leverage limit is 1:1000 for most expensive account types, while the closest thing we have to a spread can be described as “variable”, even though at one point , we were reading an initial spread of 0.1 pip. This appears unlikely. Spreads that are this kind always have an associated commission or could be used as a way to attract customers. Another point is that APlus Trader, however is claiming a minimum 0.5 pip for spreads. It appears the case that APlus Trader is on the constant path of contradictions with its own claims.

APlusTrader’s site APlus Trader is available in English but only in English.

APLUS TRADER REGULATION AND SAFETY OF FUNDS

It is apparent that the only useful information available is the claim the fact that APlus Trader is incorporated in Saint Vincent and the Grenadines. Most, by now, already know the fact that this Caribbean country is not an FX license holder, and therefore, all brokers that are registered in the country and even those who declare to reside in the country are not regulated since there is no one that needs to be licensed. So, APlus Trader is not licensed in Saint Vincent and the Grenadines.

Another indicator that the business isn’t licensed as well, and this is an extremely common one that is the absence of legal documents or the insufficient number of the documents. This is the case here. APlus Trader simply does not have the right tools to create a legal relationship with the customer.

APlus Trader is an and unregulated broker that is an absolute risk for investors and traders alike. And, of course, APlus Trader is also a fraud!

The only thing left to do is suggest certain legal alternatives, as these brokers are worth checking out or investing with. We’re speaking of UK, EU<, US and Aussie-licensed broker with regulators who are at the high in the chain of food. These supervisors are objective in their work and are solely focused on preserving their integrity in the industry and to ensure the security of traders. It's a tough job and, after seeing the number of good brokers are out there We can say with certainty that there isn't a broker more reliable than this. Also, both the FCA as well as CySEC have adopted compensation plans for all brokers, meaning that all customers of FCA and CySEC-licensed brokerages can receive reimbursement in the event that unexpected events occur. The FCA offers a guarantee of the maximum amount of PS85 000, and CySEC will provide up to EUR20 000 per person.

APLUS TRADER TRADING SOFTWARE

There isn’t a download platform available on the site Access to potential traders on the web is, as we’ve observed, not permitted.

The most frustrating thing is that it is difficult to know whether the broker has an application or not. At the moment, it appears that it has.

APLUS TRADER DEPOSIT/WITHDRAW METHODS AND FEES

As per the site, users can make use of debit and credit cards, credit cards, PayPal, and bank transfer to get payments made. We cannot however, guarantee on the authenticity of this data, as well as the information below.

A minimum amount of deposit stated as being $100, for the simplest account type.

There aren’t any withdrawal information that has been reported. This is a common practice for brokers that are not licensed So nothing is new here. This is yet another signal that APlus Trader is totally out of contact with.

Don’t put your money in this site, as you’ll regret it. APlus Trader is a risk and a fraud!

HOW DOES THE SCAM WORK

All things begin with online advertisements and what else is likely to catch your eye while you’re surfing the internet? They feature lavish life styles, beautiful women, glistening products, as well as amazing assets and properties. The click on these ads is the first step.

The advertisements lead you to a broker’s site or intermediary one in which users are then exposed to the investment scam. It does not matter which you end up, the important factor is the fact that the broker will attempt to obtain your telephone number or email address. These are extremely important for scammers since they are able to reach you.

The initial wave of scammers’ task is to convince the user to the scam, through using a first investment , through which it creates trust. The initial investment will trigger the next cycle of scammers.

They are the skilled scammers , sometimes called “account managers”- and they are accountable to ensure that the victim remains engaged in the scam throughout the duration is possible. They’ll twirl their way into a client’s bank account and influence customers in a variety of different, but effective methods.

When a user is ready to withdraw funds, he or can’t to withdraw. The broker will provide an explanation for the delay or stopping the withdrawal.

WHAT TO DO IF SCAMMED

The most simple money to recuperate is that which has been stolen through debit or credit cards. The cardholder can simply request an appeal for a chargeback. MasterCard and VISA offer a chargeback time which is up to 540 days.

The recovery of funds transferred by bank transfer is not as simple as people think. The first step is to need to change their passwords for bank accounts and usernames. After that, they must take the next step of contacting the bank and attempt to resolve the problem.

The deposits of cryptocurrency are not traceable, which means that they can’t be repaid.

The last thing to remember is don’t trust self-proclaimed recovery agencies that will attempt to claim that they possess the equipment to recover all missing funds. They require only an unrefundable fee that is paid, and will vanish without a trace.