AClassBank Detailed Review
AClassBank Detailed Review

From everything we’ve seen, AClassBank is a sophisticated scam that makes clients invest in crypto and lose track of their funds. For further details, read our AClassBank review, and you will be able to determine for yourself whether or not this company is worth your time and money.

Broker status: Offshore Broker
Regulated by: Unregulated brokerage
Scammers Websites:
Blacklisted as a Scam by: Bank of Mauritius, FSC, FMA
Owned by: N/A
Headquarters Country: Mauritius
Foundation year: 2020
Supported Platforms: Web trader
Minimum Deposit: $250
Cryptocurrencies: Available
Types of Assets: FX, indices, commodities, shares, cryptocurrencies
Maximum Leverage: 1:500
Free Demo Account: Yes
Accepts US clients: N/A

What About AClassBank Regulation?

While AClassBank didn’t bother to expose its owners, and we only got information that the company is based in Mauritius, we have two regulatory bodies that have given us intel. The Austrian FMA connected AClassBank to Bellerophon Group Ltd from Saint Vincent and the Grenadines.

At the same time, German BaFin found a link to Emperium Holding from Mauritius – a company owning EmperiumFX, already marked as a scam.

Based on all this, we can tell that AClassBank is unregulated, offshore, and your funds are not safe with this brokerage.

In addition, we strongly advise you not to invest in TrogonsBay, Tradixa and SyscoFinance fraudulent brokers.

AClassBank Warnings From Financial Regulators

FSC Against AClassBank Scam

Since the company claims to be in Mauritius and holds an FSC license, this regulator, along with the Bank of Mauritius, decided to refute those claims. 

Besides FSC, the same warning came from the Austrian FMA.

FMA Against AClassBank Scam

Pay Extra Fees Before Withdrawal

According to numerous AClassBank reviews we’ve had a chance to see, it looks like this broker has a sophisticated scam system. Basically, once you want to withdraw your funds, you will be asked to pay for standard fees, but besides, you’ll be prompted to pay extra. You’ll be told that you owe money for the bonus, taxes, bank transfer fees, etc.

Bear in mind that this is just another way for the broker to extort your money, and even if you decide to pay these alleged fees, you will still not see your money back.

Fund Withdrawal Issues With AClassBank Broker

Clients have reported that even though they paid fees they’ve been asked to pay, they still haven’t gotten their money back. Moreover, after paying additionally, most of them were unable to log in to their trading account since the broker decided to suspend access and prevent more withdrawal requests.

Since the broker is not actually regulated and has been added to a few blacklists, no wonder there are withdrawal issues of a kind.

If you have experienced something similar with AClassBank, let us know.

Areas Of AClassBank Scam

The broker mainly operates in Germany, Switzerland, the Netherlands, and Portugal, according to complaints. Yet the FMA warning shows broker’s activity in Austria, while there have been reviews from the UK, Australia, Singapore and more. 

Our review has shown that the broker has no limits and is willing to defraud anyone, so be careful and keep your funds safe.

Traders About AClassBank Scam

Meanwhile, as expected, AClassBank reviews are negative, pointing out the worst problems – withdrawals, extra fees, behavior of account managers, and more. Clients claim that getting their money back is impossible and warn everyone not to fall for the scam. On the other hand, the main topic is a refund solution and tracking the funds.

How Does Online Trading Scam Work?

The online trading scam is a sophisticated scam starting with a brokerage promising enormous profit that they cannot deliver. Whether you’re promised an algorithm, trading software, magical Bitcoin prediction solution, or anything else, know that offshore scammers are just after your money.

You may even start making a profit, so the broker can earn your trust, but read our section on withdrawals carefully. AClassBank is not the one who will support you or help you get your money back.

Also remember the names of the Qicmarket Group, FlexInvest and FinoMarkets trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Scammed by AClassBank? – Tell Us Your Story

To sum up, if you were scammed by AClassBank, file an official complaint. Let us know what happened and let our chargeback specialists find the best money-back solution for you.

But What Is A Chargeback?

Don’t let scammers get away with your hard-earned money. A chargeback is a way for your bank to get money back from the merchant in case of scams. Contact us via online chat to book a free consultation to get full guidance.

What Is AClassBank?

As previously reported, AClassBank is an online trading Forex and CFD provider without a license.

Is AClassBank A Scam Broker?

Yes, AClassBank has been blacklisted in Mauritius and Austria for providing unregulated financial services.

Is AClassBank Regulated?

AClassBank is not regulated and has been blacklisted for false advertising regulations.



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Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
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