Thinking of getting into business with Antari Markets? Here is what you must know about this broker. Carefully read this review to find out if antarimarkets.com is the trading platform you will want to trade with.
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About Antari Markets Broker
Antari Markets is an offshore brokerage company with a lot of promises for traders. The broker operates in Seychelles.
Antari Markets claims to offer a robust trading system for both beginners and professional traders. It also claims to maintain security, liquidity and efficient trading environment for forex traders.
The broker offers various account types like Mini, Silver, Gold, Platinum, Diamond and VIP.
In spite the trading instruments Antari Markets claims to offer, traders must know they are dealing with an unknown broker whose regulation claim is false.
antarimarkets.com: Reasons to Avoid This Broker
antarimarkets.com is a platform with no financial authority overseeing its financial services. The regulation claims are not legit as Financial Services Authority, Seychelles does not recognize this brokerage company.
Another red flag we noticed on antarimarkets.com is that there is no demo account for traders. If traders can’t test Antari Markets broker on a free account, how then can we know the viability in the forex market.
Since this broker does not offer money back guarantee, trading on any account type is a clear risk. This is a warning for forex traders to avoid losing money with this broker.
Withdrawal and Deposit
Withdrawal process
Antari Markets presents us with the following information concerning the withdrawal fee. See below.
Antari Markets places an inactivity fee of 10% deduction on a dormant account of 6 months.
This is just a way to reap you of your money and also frustrate the withdrawal process.
Minimum Deposit
The minimum deposit Antari Markets recommends is £250. Also, the payment methods on antarimarkets.com are Credit card and Wire transfer. You should consider not making any payment with this broker in the first place because it is a risk. So beware!
Antari Markets Platform
Antari Markets operates as a Web based trading platform. The refusal to make use of industry standard such as MT4 or MT5 that are widely accepted for trading is one of the reasons why you should avoid this broker.
Antari Markets leverage is mentioned 1:1000. It is advisable you don’t consider doing that. In fact, it is against the regulatory leverage set by FSA, Seychelles.
In spite the attractive offers Antari Markets broker presents, we can’t find a free account for traders to test the platform before considering a deposit.
Antari Markets Licensing and Regulation
It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation that means your money is at risk. The licensed and regulation claims are false and must be avoided.
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Conclusion: Is antarimarkets.com a Reliable Broker?
No, antarimarkets.com is not a reliable broker for traders and because of that, you are advised to stay away from this broker.
The scam is on the wall for forex traders to avoid crossing path with antarimarkets.com because its claimed license and lack of transparency are red flags.
Therefore, we do not recommend this broker for trading.
Kindly share your comment about this broker in the comment section.