Scam disguised as a broker: AceInvesting. Is it possible to return the investment?Julius Conley 10 / January / 22 Visitors: 548
AceInvesting is an ordinary online broker with tarnished fame. Let's try to figure out why this broker has a lousy reputation after studying the specifics of its activities and understand: is it worth spending your time on it?
The website and the broker's staff say that the company provides different programs that are used for Forex trading. In fact, our employees could not get access even in demo mode. This raises concerns, and accordingly we recommend avoiding AceInvesting, a Forex broker, in order not to get into trouble.
AceInvesting - breeders?
The analysis should begin with the analysis of information from open access, which are located on the office's website. For the convenience of visitors, we will present it in a simpler form.
The legal address of AceInvesting is Majuro Marshall Islands MH 96960, Trust Company Complex Ajeltake Road Ajeltake Island. In fact, the company is a subsidiary of an organization that is supposedly registered in the Marshall Islands.
No one can vouch for the accuracy of the information. However, it is very difficult to find a business in this territory. And yet, you can find a company on official websites that collect information about organizations in offshore territories.
Of course, no information about AceInvesting could be found. There is not even a company with a similar brand. Accordingly, our specialists failed to identify any mention of the head of the enterprise. Accordingly, it can be firmly stated that AceInvesting lies to customers and hides information. The absence of data about the owner is an ironclad confirmation of the illegal activity of AceInvesting.
And if the registration data were present, it would not be enough. The Marshall Islands does not have the necessary competencies to regulate and work in the Forex financial market.
After all, offshore companies attract scammers by the lack of regulation. So even finding an organization on the lists does not give confidence in its decency. You can't follow the laws if there aren't any.
AceInvesting accounts - replenishment and withdrawal
On the AceInvesting website, you can find a large number of ways to top up your account, just like normal companies. We failed to test the replenishment method due to AML and KYC. However, people invest currency in order to earn income. This means that our specialists are interested in the method of withdrawal of funds. Unfortunately, AceInvesting won't let you get your money back.
In addition, experienced criminals manipulate people to replenish their account more often.
The principles of working with a broker are very poorly written, but our specialists found valuable information in the frequently asked questions section. AceInvesting allows itself to withdraw funds for lack of activity for more than ninety days. The amount of the fine is not spelled out anywhere. Thanks to this, AceInvesting will charge you with illegal fines that cannot be protested.
In addition, the client simply has nowhere to turn for help.
Significant income from AceInvesting? No!
Do you really believe that you can earn income by becoming a victim of being bred?
Nevertheless, representatives of AceInvesting promise significant profits, instant earnings, in the shortest possible time. Such offers are extremely tempting, but thanks to them, scammers lure ordinary customers into their claws and steal their currency.
With the help of social networks, criminals make a large number of pages that promote non-existent services. There are many pages on Instagram showing us the "chic life": photos with luxury cars, data on profitable auctions, holidays at fashionable resorts, expensive purchases. They put pressure on the envy of ordinary users who want the same life, push them into the claws of fraudsters.
The purpose of the divorce is to get a phone number or other contact. After that, AceInvesting representatives will start spamming and calling, promising significant receipts, tempting them to pay them right now. The arguments for getting started can be different, for example: combinations of planets and stars, the Mayan calendar, etc.
Some people may believe that there will be a profit in the near future. But AceInvesting is a hoax. Criminals will embezzle your deposits and try to steal more. Fraud will stop only when the victim runs out of currency, or the criminals themselves decide to stop. AceInvesting will easily inform you that you need to invest even more to get money, and will stop only when they decide that there is nothing more to steal.
The date of registration of the online broker AceInvesting?
The website contains information that the broker's activity has been going on for more than 10 years. In addition, they provide high-quality services all over the globe, and the employees are qualified traders.
They also show us various profile awards, tell us about offices in Australia, Britain and New Zealand. Users are served by several tens of thousands of employees who work in offices or remotely from various parts of the globe. It sounds attractive, but our experts decided to clarify this information.
The first stage of verification was the study of the AceInvesting site. To do this, our specialists were able to find information about the registration of the domain. It turned out that less than 30 days have passed since the registration.
The phone number located on the website. We study and make results.
After checking the data about the number on the AceInvesting website, our employees found out that it was used by the Comax Invest broker. In addition, a large number of fraud cases are associated with it, as reported by negative reviews on the network. Of course, this information only confirmed our suspicions. Scammers do not even try to disguise themselves, hoping for gullible philistines.
What software does AceInvesting work with? Meta trader 4, 5
There is information on the official website of AceInvesting that they offer the MetaTrader 5 and MetaTrader 4 platforms, which are already known to all traders as effective tools for working on the exchange. Alas, neither our employees nor ordinary customers were able to test the software. The fact is that you can get the opportunity to try it only by registering through KYC or AML. The systems are used to resist the legitimization of profits. Accordingly, it is necessary to provide AceInvesting with confidential information, or rather:
- a paper confirming the registration of an individual
- official paper on the presence of a permanent place of residence (payment for utilities);
- a document confirming work experience and qualifications.
Since AceInvesting exclusively pretends to be a respectable stockbroker, it should not give away confidential data. Such companies try to deceive regulatory authorities and hide data about themselves. If your personal information gets into their hands, then there is a high probability of their resale to third organizations. In addition, it is possible to use confidential information in illegal schemes.
Working with AceInvesting using demo balance. Is it possible?
Sometimes, even the lack of data makes it possible to learn a lot about the organization. For example, AceInvesting for some reason does not give its customers the opportunity to test programs or enable a demo account. According to the legislation, all legal enterprises are required to provide access to test services so that the client can test their capabilities using game currency and then register on aceinvesting.io, transfer funds to the balance. In the event that there are no trial versions of the service, this is extremely alarming. Our suspicions about AceInvesting are only being confirmed.
Useful information about Meta Trader
Meta Trader 4 and Meta Trader 5 software is often found in legal companies that operate in a legal field. This is the best option for making money on the Forex market.
The leading positions among the software for the financial market, Meta Trader provided excellent tools for tables and graphs, a large number of indicators, advisors. In addition, it is possible to apply more than ten thousand different developments and applications from experienced programmers. But, of course, in order to use the software effectively, it is necessary to spend time on training.
The size of AceInvesting's leverage is another way to lure money out
And although it is obvious that AceInvesting is a fraudster, let's consider another dubious nuance. On the online broker's website, you can find information about the possibility of playing on the stock exchange with a leverage of one to 400, or more. Nevertheless, from the point of view of the laws, this ratio is excessively dangerous. Therefore, it is not sanctioned in civilized countries. Due to the current prohibitions, most official companies use leverage up to one to 30 or 1 to 50.
The exception is Switzerland, whose organizations enjoy special trust. Therefore, it is Swiss traders who are chosen by qualified or gambling citizens who are able to take risks.
Therefore, in order not to be deceived, it is enough to remember the current limitations of leverage. If you understand that a firm registered in Britain is not able to trade on the Forex financial exchange with a leverage of more than 1 to 30. In that case, if you are promised more, then most likely they plan to cheat. This scam works like this: a trader is forced to take a significant debt and transfer money to criminals.
Financial rules are not for scammers!
The presence of AceInvesting offices in Australia and Britain is also questionable. Online brokers, in order to work in these states, must obtain authorization papers from relevant organizations:
- ASIC (Australia)
- FCA (UK)
These official documents are necessary for legitimate Forex activity. If they are not, the company is threatened with a serious fine, and managers are liable under the law.
To make sure if AceInvesting has papers, we will find the data on the Companies House (Britain) website.
After spending several hours, our employees have not been able to find the company in the registers of the organization. Accordingly, we have the right to claim that AceInvesting is a fraud. At best, they do not hesitate to lie to their clients about representative offices and registration.
Don't you want to become a victim? Analyze the data about the offices before you start cooperating with the yuroker. Only companies with a good reputation and a long period of activity are trustworthy.
We recommend cooperating only with reputable companies. Working with deposit protection organizations allows licensed companies to promise the safety of traders' investments.
What is the result?
Documents on the website aceinvesting.io at least doubtful. It is difficult to understand whether these are digitized papers or just a photoshopped picture. One way or another, they cannot be called official papers. The rights and obligations in the user agreement are unclear. There is no information about the actual date of formation of the company, information about the owners. All this is used in order to avoid liability to users and the law.
AceInvesting is a liar who wants to be touched by a legal internet broker. This is just a scam to lure money out of naive users. Such firms do not exist for a long time. In the event that the number of negative reviews becomes too large, they will disappear, but only in order to eventually reappear under a new brand and continue to rob traders.
Reviews of AceInvesting from victims
Before investing currency in a dubious firm, find out what citizens who have already had experience of cooperation with it write.
After studying thematic websites, media and social networks, we found a small number of reviews. All positive reviews have a clearly paid appearance, but the bad ones are similar to the real ones. Accordingly, AceInvesting is a shadow stockbroker who throws his users. And if you want to invest money, we do not advise you to do this.
Are you planning to become another victim of scams? No? Then analyze brokers and information about them, consult with knowledgeable traders and only then take steps. There are a lot of scammers in the Forex market, and AceInvesting is one of them.
Is it worth trying to work with AceInvesting? No way!
AceInvesting is a fraudster? Do they have permits?
Of course not. Before transferring your money to a broker, you need to test all the information about him. Most often, fraudulent brokers are not controlled by the state and have a hidden center dealing with management. In case of trouble, they will not come to the customer's aid.
It is impossible to file a complaint against the actions of the divorced to one of the controlling organizations
- FCA - Financial Regulation and Supervision Authority;
- CySEC - Cyprus Securities and Exchange Commission;
- ASIC - Australian Securities and Investments Commission.
Strong countries will not allow the existence of criminal firms such as AceInvesting. Therefore, reasonable citizens need to stay away from unlicensed firms, do not spend money on them.
AceInvesting has a negative balance.
Compliance with the legislation is a very important point that we regularly talk about. The existence of regulation and control guarantees that organizations will diligently fulfill their obligations and the contributions of their clients will not be affected. Also, all legal firms are obliged to protect their users from ruin. To do this, the regulatory authorities of the UK and the European Union oblige the company to provide protection against a negative balance. This does not allow the client to spend more money than there is on his balance. If the balance still falls into the negative, then the company offering the services should return it to 0.
AceInvesting is an online Forex broker that allows you to work with a negative balance. As a rule, this is used so that the citizen spends as much money as possible closing the hole in the balance. AceInvesting is a scam that spends clients' finances, and then demands to repay the debt using methods of psychological violence. In the event that this happened to your relatives or to you, remember - you can not make concessions. No matter how they threaten, the criminals are not able to cause physical harm. Criminals don't have legal ways to get your deposits.
AceInvesting is a dilutionist, not an honest broker with increased risk. This is evidenced by the lack of registration and documents. Therefore, the finances of AceInvesting clients will not be protected.
AceInvesting deception scheme:
- A lot of advertising posts are written in social networks and on websites. This is necessary to get the maximum number of requests from people;
- Having received an email and a phone number, AceInvesting representatives start calling and sending messages with income guarantees in record time;
- Scammers lure out credit card details, sort of wanting to help with the deposit. You don't have to send them data. You should not send them personal information if you are not going to get into loans;
- Over time, scammers will do everything possible to ensure that you spend more money. In the event that you end up trading in the negative, they will recommend covering the losses with additional investments. In the case of a profitable transaction, they will recommend putting even more funds into the account to improve income;
- If the user tries to take the currency, AceInvesting employees will try to persuade him to change his mind. At every opportunity, criminals will try to force the victim to transfer even more investments.
Is AceInvesting really a Forex broker? No. These are scammers who steal currency from deceived people under the guise of an official company. Confidential information of AceInvesting employees is securely masked so that it is impossible for law enforcement organizations to identify them. This allows you to deceive users without fear.
Conclusions of our experts: AceInvesting is a deception
Summing up the conclusions, let's try to present all the evidence that says that AceInvesting is scammers
- The company does not have legalization even in the offshore zone.
- By the time the analysis is published, the broker's website is allegedly not even thirty days old, which means that all the data about scammers is false.
- The Internet broker does not have a permit to provide financial services.
- The non-broker does not have a regulatory body.
- The legal address of the pseudo-broker is a lie.
- Official documents of the company do not have a legal basis.
- The location of representative offices in Britain, New Zealand and Australia is a fiction.
- The phone of the organization is connected with financial fraudsters and, moreover, with the same Internet broker.
- Negative reviews about AceInvesting from used customers.
- Do not provide an option to register a demo account.
- Lack of ways to check programs without disclosing personal data.
- There are no ways to protect yourself from a negative score.
- Unresolved leverage number.
- Theft and further use of personal information is likely.
- A fake broker rips off money for the absence of transactions after 90 days.
- Endless moral violence on the part of the managers of a fake company.
- There are no ways to transfer finances if criminals realize that you will be able to invest more funds.
AceInvesting is a scam. Our specialists are 100 percent sure of this. Score from 1 to 10 - 0!
We have compiled a list of brokers, that we recommend avoiding.