There’s nothing like exposing a heinous brokerage scam to start your day. Hence, we decided to put in the work and write the Atlantic Holdings Inv Review and warn you about the fraudulent activities of this controversial trickster.
We paid attention to every detail on the website, but sadly, there weren’t many, which shows how miserable this scammer really is. Atlantic Holdings Inv may have presented itself as a millionaire’s dream, but underneath is a shallow plot about to be debunked!
As well, stay away from the trading scams XFortunes, Safe Holdings, and EuropeMarket! Furthermore, before investing, always investigate the history of internet trading firms!
|Regulated by:||Unlicensed brokerage|
|Blacklisted as a Scam by:||N/A|
|Minimum Deposit:||250 $|
|Cryptocurrencies:||Yes – Bitcoin, Ripple, Dash (20 in total)|
|Types of Assets:||Forex, Commodities, Crypto, Stocks, Indices|
|Free Demo Account:||Unavailable|
|Accepts US clients:||No|
Is Atlantic Holdings Inv Regulated? – Why Does It Matter?
To kick things off, this fraudulent broker is anonymous. We weren’t surprised. Nevertheless, we searched the T&C and found that Atlantic Holdings Inv operates from Saint Vincent and the Grenadines (SVG).
Now we’re starting to get a better picture of the whole scheme. SVG is a notorious nest of fraudulent entities due to its permissive laws and tax system. Moreover, the local regulator, i. e. the Financial Services Authority, does not issue Forex licenses. Therefore, our little fraudster cannot possibly be legit.
Why It Is Better Not to Choose An Unlicensed Broker
Dealing with an offshore hoax such as this one will result in you getting the short end of the stick. Instead, try to find a provider that is 100% licensed and reliable. By that, we mean regulated by Tier 1 authorities such as the FCA, ASIC or BaFin.
Then, you can trade with ease knowing you’re covered with indemnification, negative balance protection, and leverage restriction. Also, your funds are segregated in a top-tier bank. Your provider has to have a firm foundation, i. e. high operating capital (730,000 GBP in the UK, 1,000,000 AUD in Australia or 20,000,000 $ in the US).
How Reliable Is Atlantic Holdings Inv Broker?
Atlantic Holdings Inv is an anonymous and unregulated broker that allegedly offers Forex, CFDs and crypto asset trading. The unscrupulous provider intends to scam unsuspecting traders from Australia, Serbia and the Netherlands.
Atlantic Holdings Inv Also Provides What Platforms?
We expected some shady platforms and got one. Namely, Atlantic Holdings Inv offers a basic WebTrader. We even got a glimpse of it on the website and it looks pretty awful. Just some charts and markers. Plus, our browser started lagging when we opened the platform tab.
Given the broker’s unregulated status, we believe that this platform is just a hoax, i. e. it’s not actually meant for trading but it has to appear that way. You will be able to deposit funds but not trade. Yes, that’s how these scammers usually get their hands on your money.
Atlantic Holdings Inv Assets – Instruments Types
In order to reel you in, the scammer has to present an enticing offer in terms of trading assets. Atlantic Holdings Inv knows this. Thus, the phony did just that:
- Forex pairs – EUR/USD, AUD/CAD, USD/CHF…
- Indices – S&P500, NIKKEI225, DOW30…
- Commodities – gold, soybeans, wheat, crude oil…
- Stocks – Apple, Verizon, BMW…
- Crypto – Bitcoin, Ripple, Litecoin, Dash…
Don’t get distracted by all these instruments, remember that this is all just a ruse. The broker cannot be trusted.
Where Does Atlantic Holdings Inv Engage In Fraud? – Countries Of Service
We had to do some research here. Our findings show that Atlantic Holdings Inv targets traders from the following countries:
- The Netherlands.
However, upon checking similarweb.com, we noticed that in November 2022, the fraudster’s website was visited 12,300 times, double the number of visits in December. Half of the total visitors were from Bulgaria. Thus, we believe that the scammer may have dug its claws there as well.
Additionally, we strongly advise you to avoid the fraudulent brokers UF Solution, SevenSeasFX, and MorganFinance.
What Are the Different Atlantic Holdings Inv Account Types?
When it comes to account types, Atlantic Holdings Inv offers five different options:
- New Investor – 250 $, over 200 assets;
- Passive Income – 10,000 $, leverage up to 1:200;
- Build Wealth – 50,000 $, leverage up to 1:300, spreads from 0.5 pips;
- Investment Secrets – 100,000 $, leverage up to 1:400, spreads from 0 pips;
- Atlantic Holdings Legacy – 250,000 $, one-on-one trading academy.
The names are pretty cool. Everything else? Not so much. The whole concept of each account is vague except for the middle two where leverage and spreads were revealed. It’s a bit flashy for our taste.
Free Demo Account – Does The Broker Offer It?
There’s no demo account. We have to option to see the platform and that’s about it. Unfortunately, it’s not enough. In order to trade, you would have to open a live account and deposit real money. By now, you’ve surely realized why that’s dangerous.
The offshore fraudster just had to look all fancy once more. This time, it’s the VIP program, which promises immeasurable wealth to those who invest. Frankly, the whole concept is so obvious. It’s there to lure the most gullible. Never forget the unregulated status of this broker when reading the VIP lies.
Bonuses And a Fraudulent Scheme
Do you honestly think that brokers just give away bonuses like that? Making it rain without asking for something in return? Bonuses are exclusively there to prevent clients from withdrawing funds. Scammers have clauses in store that require clients to trade up to an absurd volume with the bonuses to be able to withdraw money. That’s why bonuses are banned
About Leverage, Spreads, and Fees
Leverage ranges from 1:200 to 1:400. Since Atlantic Holdings Inv is an offshore provider, it can do that. However, such high levels are bound to bring huge losses. That’s why the legal limit in the UK, the EU and Australia is 1:30 for retail clients.
Spreads allegedly start from 0.5 pips. That’s great but coupled with extremely high leverage, the end result isn’t pleasant. Fees are unknown.
What Is The Minimum Deposit and Methods of Withdrawal?
The minimum deposit is 250 $, which is not unusual. However, we wouldn’t trust Atlantic with a dime and neither should you. Also, the broker constantly keeps talking about fees but does not say the amounts. As for the payment methods, the financial swindler briefly mentioned three of them:
- Credit/Debit Cards;
- Wire Transfers;
- E-Wallets (not specified which ones).
Scammed by Atlantic Holdings Inv Broker? – Allow Us to Hear Your Story
We get why you have fallen for the glaring looks of the website and the tempting offer. That’s in the past. Now, you should focus on getting your money back. We can help you there – consider a chargeback or a recall.
What Is The Process of Chargeback?
- A chargeback can reverse credit/debit card transactions.
- It can be requested at the issuing bank within 540 days.
- The same process for wire transfers is called a recall but can only work if the transaction is incomplete.
- If you’ve deposited funds via e-wallets, you will have to contact the respective companies for support in getting a refund.
If this broker steals your money, you can contact us for help!
What Is Atlantic Holdings Inv?
Atlantic Holdings Inv is an offshore broker based in SVG that offers Forex, CFDs and crypto trading.
Is Atlantic Holdings Inv a Scam Broker?
Atlantic Holdings Inv is obviously a scam broker because it is unregulated, and vague with shady policies.
Is Atlantic Holdings Inv Available in the United States or the UK?
The Broker is available to traders from the United Kingdom but not to those from the United States.
Does Atlantic Holdings Inv Offer a Demo Account?
The broker gives to option of seeing the trading platform but not a real demo account.