Affluent Trade Review: Affluenttrade.com Unregulated Company

Affluent Trade is an offshore broker  that allows you to venture into; Forex, Cryptocurrencies, and Stocks with the “leading trade platform in the market.” They claim that trading with them is easy, and you do not come across complicated setup processes.

However, trading is not child’s play, and several factors should be considered before you decide to invest real money. Thus Affluent does not fit in as a legit trade platform. They expose so many red flags that should only warn you against making any investment moves. The company will end up robbing all your money.

Accordingly, as you read this unbiased review on Affluent Trade, you might make up your mind not to take any risks with them. They do not have any reliable trade approach, and your funds are not safe.

Meanwhile, you can choose to invest with these transparent crypto brokers and earn pleasing profits. Even so, they apply tried and tested techniques, unlike Affluent Trade. The company promises excellent pricing, and they assure no hidden fees or commissions.

Affluenttrade.com Review

Affluent trade.com shows a poor level of transparency, and the professionalism they showcase is questionable. The founder’s data is hidden, raising more doubts on the style they use for operation. The expert level services they assure you are also not true. Scammers are fond of hiding personal data since they—result in opening new platforms and attempting to swindle funds from innocent customers.

Affluent Trade does not mention the kind of algorithm its software uses. Thus you may end up purchasing tools that will hardly profit you. The software can be accessed on any device with an internet connection. They also urge every investor to get an opportunity to benefit from the company. Thus you would expect to find helpful education content for newbies. Well, they only have basic data that you can find across the internet at no extra charge.

How Affluenttrade.com Operates

Affluenttrade.com operates in a manner that scammers commonly use. They promise investors massive returns though they have no reliable plan to attain similar results. The trading world faces high volatility, and there is also vast competition in the market. Thus you should never blindly invest with shady brokers such as Affluenttrade.com.

Affluenttrade.com will lure you into making deposits via high-pleasing returns. So once you fall for the catch, then they have no business with you. You will have made the anonymous founders rich. They will even block you from accessing any services that they offer. In addition, you should fully understand how the company operates. So you can only do this via a demo account which AffluentTrade does not provide.

Affluent Trade Funds Safety

Affluent Trade does not have any reasons to think that your money is in safe hands. There is no data regarding the people who control funds and operations of the company. The level of professionalism the Affluent Trade shows is very questionable and only serves as a warning not to go further than investing your money.

Affluent Trade does not reveal any data of the employees, and the software they use is unknown. Accordingly, the anonymous people behind the company are the likely beneficiaries. They may be keeping money in personalized accounts while you await never approaching profits. They do not reveal any banking information to prove your money is safe. Therefore investing in Affluent Trade not only puts your funds at risk, but personal data may end up in the hands of criminals.

Investment Plans

Affluent Trade has up to five different plans that you can pick from; Standard, Silver, Gold, VIP, and Pro account. The minimum amount you can start with for the lowest package costs$10000, and the figure raises respectively for each plan up to $1,000,000. However, they do not offer any special reasons why you should purchase costly accounts.

Affluent Trade has very high leverage up to 1:400. They also grant traders margin loans from 25%-100%. Traders access daily market reviews and signals, brokers, portfolio managers, customized education, and managed portfolios. Nothing makes sense, and the plans do not even let you know what to expect as profits.

Affluent Trade Deposit and Withdrawals

Affluent Trade minimum investment amount is $10000. Moreover, you can use various methods to fund your account, such as; visa, MasterCard, bitcoin, wire transfer, and Sepa, among other methods. However, wire transfer and Cryptocurrencies are irreversible. Thus it would help if you opted to fund your account via credit/debit options whereby you get a chargeback period up to 540days after Deposit.

They do not have a refund policy either to reclaim your funds if the services they render do not meet your expectations. Additionally, there is no data to show that customers can access funds at ease after trading successfully. Also, you may come across hidden fees that were not made known to you prior.

Affluent Trade does not mention any withdrawal policies or even explain how long it takes to get your money. They are going to hold your money for as long as they can till you finally lose hope in them and your cash.

Customer Support

Affluent Trade has two telephone contacts +441519470788 for the UK and +61288805772. They also have email; support@affluenttrade.com. However, the main concern is whether you will receive any response to your queries. Accordingly, you should always receive fast responses towards any platform relating queries. Affluent Trade will not contact you anymore once you deposit with them.

Working customer support helps in creating more trust with the entity. They also feature a location address 12 Constance Street, London, United Kingdom, E162DQ. The same data they provide for address does not have anything to do with Affluent Trade. They also have a section that you fill out with your email and subject.

Affluent Trade Regulation

Affluent Trade shows its location address which is also false that they are based in the UK. The FCA is responsible for regulating trade companies within the same region. Neither they nor any other legal regulator is responsible for the shady broker.

Regulated forex brokers tend to show a commendable level of transparency. You can easily find and verify all the data they provide for the same. This you can rely on them for pleasing returns. On the other hand, vice versa will always try to use false data. Also, there is a great difference between regulation and Registration, and you should be capable of telling the difference.

Affluent Trade founders risk facing criminal charges, and it’s probably the main reason they hide similar data. Unregulated platforms do not last for long in the market. Also, they may easily break trade laws or even disappear with all your money. Affluent Trade can barely afford to pay regulation fees. Therefore they can easily face bankruptcy, and they will hardly pay you profits afterward.

Final Verdict

Affluent Trade does not have any sensible trade strategies they use to come up with profits. The company does not reveal any past trade activity to help determine what you should expect. Affluent Trade exposes so many red flags that you should be cautious about.

Accordingly you can choose to invest with these reliable crypto companies and gain pleasing results and enjoy your trade experience. Stay away from Affluent Trade. They are only after your money.

 

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