Ark Management Review
Ark Management has negative feedback from its customers. The entity is not processing the withdrawal requests. The customer support team is also not helpful. It is clear that whoever is behind this scam has the intention of enriching themselves. Invest only with the best Forex trading companies in the market.
Ark Management is a jack of all trades. The company is dealing with almost all the assets in the market. Moreover, there is nothing unique about this venture. They are trading various cryptocurrency coins in the industry. Sadly, this is a day-light scam that will leave you high and dry.
The platform does not allow investors to purchase or sell digital currencies directly. The firm has derivatives that conduct the trading activity and it is known as CDC. Their leverage is high and that of 1:4. Once you come across this broker you might think it is a life-changing website.
Every day there are platforms that keeps emerging. They make all sorts of promises to their clients. It is easy to fall, the victim. Ark Management is one of those fraudulent ventures that have nothing exceptional. Once you visit their website you will notice the red flags.
The company is allegedly trading Bitcoin, Ethereum, Litecoin, Steem, Tether, EOS, Chainlink, Bitcoin Cash, Ripple, etc. The least amount that you can deposit in this entity is $250. Additionally, the firm has several trading accounts that their clients can select.
Ark Management has lucrative offers. The more money you deposit the more advantages that you get. They are charging fees of 6% from their smallest account. However, it decreases to 0% with their most expensive account.
The platform is an anonymous entity that does not care about its customers. The company is allegedly based in Singapore. Sadly, the firm does not seem legit. Therefore, venturing with them will only lead to losses.
Ark Management fails to disclose the people that are managing their operation. There is no expert team that will be handling your money. Investors need to be keen when choosing a trading partner. The majority of Ponzi schemes are operated by single individuals.
Furthermore, the platform does not have the financial record. They are only collecting money but there is no evidence of trading activities. If they are as profitable as they claim it is only fair to see their performance.
Invest with the best crypto trading companies in the market that are transparent. These are among the leading ventures that have been in the market for decades. Moreover, you can also read their happy clients’ testimonials.
It is also important that before you invest you double-check on the legitimacy of a company. Your money will be secure and you can also sleep peacefully. Offshore entities are very dangerous and exit the industry without any notice.
Ark Management Contact Details and Support
Ark Management is a shady firm that is allegedly located in Singapore. However, the address which this entity feature is fake. A company that is capable of lying about such minor details is dangerous.
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Moreover, the customer support service will never respond in time. All they are concerned about is the deposit that you make. However, scammers will treat you unprofessionally. Providing a shady venture with your data is unwise.
After they exit the market and come back using a different domain they will still contact you. The survival of this broker is uncertain. Investors will wake up one day and find their website down. Why not deal with legit crypto companies that have been in operation?
Regulatory Status of Ark Management
Ark Management is unregulated and breaks various countries’ rules. Moreover, this entity does not have a registration document. The company has multiple red flags. Therefore, dealing with them exposes you to more risks.
The benefits that come with dealing with a licensed broker are many. For instance, you get fund safety. Funds are kept in separate accounts eliminating the possibility of a broker misusing your money.
Moreover, the terms and conditions of the company will put both parties into consideration. The licensed firms also report their daily financial activities to the financial bodies. You also stand a chance of being compensated once the venture faces insolvency.
These and much more are in store for you when you deal with the right platform. Ponzi schemes will only try enticing you with various offers. Unfortunately, they do not relive the moment as the entities exit the market prematurely.
The Financial Conduct Authority had issued a statement warning citizens against trading with Ark Management. The entity is collecting funds from this country without meeting the set guideline. Investors should stick to licensed firms.
Red Flags with Ark Management
Ark Management is a platform that charges hefty fees to its customers. The entity requires investors who choose their cheapest account to pay 6% fees. It is unacceptable and exploitive to the investors. The best exchanges in the market charge approximately 0.25%.
Investing with them will only leave a dent in your pocket. Why should you settle with this broker while there are better alternatives in the market? The other thing is that this venture is operating discreetly. Trading with people who you don’t know their qualification is a grieve mistake.
The CDC which this Ark Management is talking about is the fishy term in trading. We do not know what the company projects. However, this platform claims that it includes futures, options, crypto contracts, forex contracts, and commodities contracts.
Unfortunately, digital currency derivatives must be licensed in the USA and EU. The firm is not regulated yet they are targeting investors from these areas. Moreover, this is already a blacklisted entity that you should avoid.
Ark Management Client Feedback
Already Ark Management has received complaints from investors who had ventured with them. Traders are unable to cash out money on this platform. The broker is unethical and they should not treat their clients in such a manner.
The report indicated that once you ask for your money the firm closes down your account. There is no point in entrusting your funds with such an entity. The story will end the same way. Trusting them after all these loopholes will be a dire mistake.
Ark Management is a platform that might pay people to leave positive remarks for them. Once you come across people claiming to have earned using this scam discredit them. It is a proven scam that is not worth your time.
The Domain Insight
The company has been in the industry for years. According to Whois.com, the platform was registered in September 2011. Their domain will expire in September 2022. During the time of this writing, the website is down. They might come back or not. The venture is surrounded by uncertainty. Unfortunately, we do not know the location of their targeted audience. Nonetheless, be safe and only trade with licensed firms.
The investment company is a losing scheme. The actual location of this entity is unknown. They are operating against the law. Ark Management does not have a license or a registration document. Moreover, the venture does not have a great reputation.
Ark Management has negative feedback from its customers. The entity is not processing the withdrawal requests. The customer support team is also not helpful. It is clear that whoever is behind this scam has the intention of enriching themselves.
Instead of suffering from a bad experience in this Ponzi scheme invest with the best crypto trading companies in the market. These platforms are reliable and will not hold your money for any selfish reasons. Moreover, you can earn a passive income.