Active Brokerz is a forex broker that is supposedly located in the Saint Vincent and the Grenadines and registered by the authorities of the Marshall Islands. In the review below, we take an in-depth look at the features Activebrokerz.com allegedly offers. This review basically answer the questions: is Active Brokerz legit? Is Active Brokerz good? . The review covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about ActiveBrokerz.
Table of Contents
Active Brokers Trading Platform
Active Brokerz claim that it was founded by a team of seasoned financial professionals dedicated to providing a boutique service for professional traders. It also claims that their products help traders maximize their returns by giving unparalleled access and advantages in financial market trading.
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Although the website looks professional and well-designed, It feels empty as necessary and required information isn’t provided. At first glance we discover that this broker doesn’t broker support neither the MT4 nor the MT5 trading platform. In fact it does not mention what platform or instrument that it provides.
Activebrokerz Account Types
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea as to how a broker might work.
After thoroughly checking we discovered that this broker has three account types
Active Brokerz Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us, because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
According to the website, Activebrokerz cites its deposit methods as Credit and Debit Cards, Wire Transfers, and alternative and third party methods like UpayCard and Moneynet.
This broker claims not to have any withdrawal fees.
Another thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal
Is Active Brokers Licensed?
Licensing is another important part, because a regulated broker can be trusted to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it is actually regulated.
Active brokers claim to be registered in Saint Vincent and the Grenadines and governed by the laws of the Marshall Islands if we are to trust the Terms and Conditions.
St Vincent and the Grenadines and the Marshall Islands is a place that attracts shady brokers because of their lack of proper licensing laws and a regulatory body
Traders should always ascertain if a broker is licensed before investing in them. They should check regulatory bodies such as the FCA in UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy and many others.
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Conclusion
We wouldn’t recommend using this forex brokerage, we are not impressed with the vague information they have provided.
In conclusion, we wouldn’t advise or recommend you to trade with active brokers as they don’t give any information concerning if they are a regulated broker.
Activebrokerz.com is likely a platform run by scammers, trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.
On December 22nd 2022 I was contacted by a broker who convinced me to invest into Cryptoallday. I made an initial investment of € 190,00 and they asked for € 14,500 more in order to access my withdrawal. I followed their instructions and made another deposit. For 2 months now I have been trying to contact Crypto-all-day but I got no response. I talked to my friends and colleagues about it and luckily for me a friend of mine just got out of a situation like that and introduced to a wealth recovery team that helped her during her investment problem, within 3 days of contacting them they were able to help me get 100% of my lost money back. They only got paid after the recovery and I had no problem with giving them 10% from the recovered funds after I got it back. You can reach out to them for assistance.
Email:([email protected])
Please everyone should be careful and stop being deceived by all these
brokers and account managers, they scammed me over $70,000 of my investment
capital, they kept on requesting for extra funds before a withdrawal
request can be accepted and processed, in the end, I lost all my money. All
efforts to reach out to their customer support desk had declined, I found
it very hard to move on. God so kind I followed a broadcast that teaches on
how scammed victims can recover their funds, I contacted Mrs Karen through
the email provided for consultation, I got feedback after some hours and I
was asked to provide all legal details concerning my investment, I did
exactly what she instructed me to do without delay, to my greatest surprise
I was able to recover my money back including my profits which my capital
generated. I said that I will not hold this to myself but share it to the
public so that all scammed victims can get their funds back. I advise
everyone having issues with their withdrawal on their trading platform feel
free to contact Mrs Karen via her official email address:
[email protected] if you are having issues withdrawing your
funds and your bonus, i assure you that she will guide you on how to
recover your funds. I am so happy to get back my funds including my bonus
and share the good news to whom it may concern