Antares Trade Review – 5 Most Important Facts To Know To Avoid This Fraud
When you think of irregularities, this is a perfect place to watch. This company based in Hong Kong offers binary trading options to its clients. Binary trading is one of the riskiest options there and should be avoided at all costs. Especially with companies that are not licensed.
In this AntaresTrade review, we will present you with reasons why you should never trade with an unregulated company.
|Unlicensed Scam Brokerage
|Blacklisted as a Scam by:
|Antares Change Us LTD
|Yes – BTC, ETH, BNB
|Types of Assets:
|Forex, Futures, Cryptos
|Free Demo Account:
|Accepts US clients:
Is Antares Trade a Legitimate or Fraudulent Investment Company?
Any company that doesn’t have a license should be considered fraudulent. If the company doesn’t comply with simple rules and conditions to have a company involved in trading, then you should forget about it.
The company presents itself as trusted, but once you start digging deeper you can find all the dirt they have.
Analyzing AntaresTrade reviews we found many clients who went through a horrible experience with this company. They were targeting and scamming traders from Franca, Canada, Belgium and the Netherlands.
Summary – AntaresTrade is one shady scam without regulations, without real address, contact or integrity. You won’t make any money here. Avoid it at all costs!
Why Is It Safer To Choose Regulated Brokers?
Regulation by a definition is self-explanatory. There is an institution that is monitoring your every move. Those rules are made up for clients’ protection. Otherwise, we would see many more scamming companies like these.
When you are looking to trade, you should always look for the best regulations. Some of those are FCA ( UK ), BaFin ( Germany ) and ASIC ( Australia ).
If the company doesn’t have some of these, our honest advice is to skip it. You won’t miss anything.
A Warnings Issued by a Financial Regulator
The situation is always even worse when financial regulators issue warnings against the company. Don’t fall for cheap tricks and to believe these scammers. If there is a warning issued, that means there is a cloud of smoke. And of course fire!
Trader’s Reviews of Antares Trade
AntaresTrade is nothing more but a fraud. We were researching other people’s opinions. More than 35% of comments found on TrustPilot, were rated 1-star.
That should tell you something more about the legitimacy of this company. Like any other scamming company, they were trying to boost their rating by writing fake opinions.
At the moment of writing, 350 people are complaining about this fraudulent service. There is most probably many more that didn’t raise their voice.
Antares Trade Software – How Safe Is Trading Platform?
Safety is the last priority on the AntaresTrade broker list. Their platform like any other is most probably manipulated. There is no chance that all people are just losing money in the end. If they could fake the address they operate from, they can fake a program as well.
Since the platform is not available for non-registered users, we needed to check with other people who were investing here.
In the end, they realized, that their platform is just fictive. The goal was to delude clients into believing that they are making money. Once you realize it’s a classic Ponzi scheme, it could be too late.
Antares Trade Range Investment Opportunities – Trading Instruments
We were not able to specify all trading instruments. But what we managed to find out is that they are offering clients arbitrage trading. That is in theory very good option for investing, but very few companies are doing that legitimately.
They offer as well, binary options for trading with profits up to 102% month-to-month.
Antares Trade Fraud Risk Zones – Service Countries
Researching AntaresTrade broker, we found that they are scamming people from:
Antares Trade Accounts Overview
Here comes the interesting part. They are offering different account types, ranging from 100$ up to 100.000$. The goal is that every higher account brings you more money. They are giving you a contract for 200 days with a skimming rate of 2% per day. To break it and close one contract you have to go to a higher level.
That’s when they pay you some other people’s money – from other newcomers. That way it looks like you are making profits in a short period. As soon as you get to your maximum level, the game is over.
Promotions – Investment Program
Any investment program without regulated background is dangerous in many ways. If you were caught by these scammers, don’t worry you are not the first or last. But that’s why we have AntaresTrade reviews, to show people how exactly this scam works.
Promoting a program that hypothetically makes you money should have some integrity. A company that doesn’t have a license in the first place, should be avoided by default. Simply, all their investment programs are a vicious and immoral way of luring people to invest.
Antares Trade Terms and Conditions
Terms and Conditions are completely misleading. Nothing is clearly specified, therefore you don’t know what you can expect. Moreover, the company doesn’t have any regulations, as we mentioned before.
Even if they had some logical terms and conditions, there is nobody to monitor if that is true or not.
Antares Trade Broker Scammed You? – Please Tell Us Your Story
People often get tricked by these con artists. It doesn’t matter if it is greediness or curiosity. Still, money is gone. Don’t be ashamed if that happened to you. Let us know what exactly happened.
That way we can show you your next move.
What Is the Chargeback Procedure?
Chargeback is a simple procedure of reversing transactions. The downside is that it can be done when you are using a Credit/Debit card. Once you or the merchant file a chargeback, a bank can then start the process.
This request needs to be filed within the first 540 days from the moment of the transaction.
Get in touch today to start your process!
What Is Antares Trade?
AntaresTrade is a non-licensed trading company operating allegedly from Hong Kong. All proofs are saying differently.
Is Antares Trade a Scam Broker?
Yes. There is a huge number of signs. Whatever you look at, you will realize that easily. Even warnings were issued against this company.
Is Antares Trade Available in the United States or the UK?
No. They are so far operating only in countries that have French speakers.
Does Antares Trade Offer a Demo Account?
No. The company only offers live investment accounts, ranging from 100 – 100.000 USD initial investment.