Acuity Trades Fx, When you access the stylish Acuity Trades FX webpage, it seems like one of the legitimate-looking websites. But don’t let that fool you. When you dive deep into its offerings, you will soon realize that everything presented by this dishonest scam broker is a lie and deception.
Continue reading our Acuity Trades Fx review to learn more and avoid this investment scam.
|Address||390 Greenwich Street, lower Manhattan, New York City, NY, USA1611 Columbia Blvd Bloomsburg, Pennsylvania (PA), USA, 17815|
|Bonuses||Yes (20%, 50%, 60%, 100%)|
Is Acuity Trades Fx Safe? Regulation and Security
Let’s start with legislation. All brokers must adhere to the law, which means they must be licensed and authorized by a respective financial market regulator to operate legally, depending on jurisdictions.
So, in the case of Acuity Traders Fx, it claims it is a US-based broker, which is one of the most rigorous controlled markets.
US brokers are regulated and audited by several financial supervisory bodies, such as NFA (National Futures Association), CFTC (Commodities and Futures Trading Commission), and FINRA (Financial Industry Regulatory Authority).
Although Acuity Traders FX openly states on its website that it holds a broker’s license, it is another fabrication of the truth.
After checking registers of US financial authorities as well as all major financial agencies in other parts of the world (e.g., British FCA, Cyprus CySEC, Australian ASIC, etc.), it has yielded no results about this company.
Moreover, we have found out that the British FCA and Italian CONSOB have warned against this unscrupulous broker. Therefore, trading with Acuity Traders Fx is risky and not recommended.
Acuity Trades Fx Trading Software Overview
Trading software is the most valuable tool for traders. Acuity Traders Fx professes it offers an excellent trading platform with favorable terms of exchange (low spreads, high leverage, low trading commissions) and many trading instruments (forex, stocks, crypto), while in reality there is no trading platform at all.
On its website, there is no form of internet-based trading platform or downloadable desktop version or mobile application. What on earth? These are more reasons why you should keep away from this bogus brokerage.
Deposit and Withdrawal Method
With regard to funding methods, scam broker Acuity Traders supports the following means of payment:
- Credit/debit cards (Visa, Mastercard): 5% fee, instant deposits, up to 1 hour for withdrawals. Victims who have deposited funds via this method can apply for a refund with Visa and Mastercard.
- Crypto (Bitcoin, Ethereum, Altcoins): no fee, instant deposits, up to 1 hour for withdrawals.
- E-wallets (Skrill, Neteller, Perfect Money, Load, Qiwi Wallet, OK Pay): no fee, instant deposits, up to 1 hour for withdrawals.
The minimum deposit required by Acuity Traders is $500, which is too high when compared to a legal online financial trading company offering live trading accounts for $1. Since it is an unlicensed brokerage, there are no money withdrawal guarantees. Also, other Acuity Trades Fx reviews on the internet share our views on likely withdrawal issues with this outright trading scam.
Acuity Trades Fx Offers Bonuses
Concerning bonuses and promotions, they are prohibited in many jurisdictions due to misuse. Likewise, they are a preferred tool for scam brokers to entice traders. As an online trading scam, Acuity Traders Fx offers the following bonuses with their real trading accounts.
- Bronze account: 20% bonus on deposits (min deposit is $500);
- Silver account: 50% bonus on deposits (min deposit is $1,000);
- Gold account: 60% bonus on deposits (min deposit is $5,000);
- Platinum account: 100% bonus on deposits (min deposit is $10,000).
How the Scam Was Performed
Speaking of the Acuity Trades Fx scam, the fraudsters behind this shady brokerage lure unsuspecting victims into their sophisticated scam by fraudulently imitating a genuine business. All related to Acuity Trades Fx is a decoy to prod you into investing money.
So, this bogus broker first tries to inspire trust in an investor with a false promise of many benefits, such as 24/7 customer support, guaranteed and fast withdrawals, non-stop trading, a broad spectrum of funding methods, and total protection of funds. On top of this, this financial swindler offers generous bonuses even if they are banned. But in reality, you will end up losing your hard-earned money to this unauthorized firm.
If you are a victim of cyber fraud, you should act fast by reporting a fraudulent broker. You can seek help from cyber security experts who can assist you with claims and cashback. Don’t feel ashamed; anyone can be defrauded.
Forex Brokers Suggested
Finding the right and trustworthy forex provider can be a hard task, especially for a beginner trader. Thus, as adept in online trading, we have saved you time by suggesting the following FX brokers. In our swift but honest review, you will see that each of these corporations is safe since holds two or more trading credentials with top-tier regulators and offers affordable trading accounts.
Not only that, if you visit their websites, you will find many advantages, ranging from top-notch trading platforms (MT4, MT5, and proprietary trading software), propitious trading conditions, lots of tradable assets, excellent customer service, and plenty of learning materials. Overall, you can’t be wrong with any of these brokers.
|FXTM Broker||Cyprus, UK, Mauritius||4.5||$10||Forextime.com|
|OctaFX Broker||Cyprus, SVG||4.4||$100||OctaFx.Com|
|FP Markets Broker||Australia, Cyprus||4.7||$100||FpMarkets.Com|
|XM Broker||Cyprus, Belize, Australia||4.7||$5||Xm.Com|
|HFM HF Markets Broker||Cyprus, UK, South Africa, UAE, Kenya||4.3||$5||Hfm.Com|
|FBS Broker||Cyprus, Belize, Marshall Islands||4.85||$100||Fbs.com|
Acuity Trades Fx Summary
Given the many complaints about the broker, our Acuity Trades Fx broker review concludes that all scam allegations against this untrustworthy company are true. In terms of regulation, Acuity Trades Fx lies about its license. This phony broker fails to provide any trading platform.
Moreover, all offers and claims on its website are not supported with evidence and are used to conceal real intentions – stealing your money. Thus, I believe we have given you more than enough reasons to steer clear of anonymous, not trustworthy, and non-legit companies like Acuity Trades Fx.
FAQs About Acuity Trades Fx Broker
Is My Money Safe with Acuity Trades Fx?
No, it is not since Acuity Trades Fx is an illicit broker involved in fraudulent trading activities.
Does Acuity Trades Fx Offer a Demo Account?
Allegedly, yes, it does. However, because Acuity Trades Fx is an illegal broker, that is unsure.
How Long Does it Take to Withdraw from Acuity Trades Fx?
Reportedly, it takes up to one hour. But, due to many negative reviews and withdrawal complaints about Acuity Trades Fx, I am skeptical about this.