Since 2001, Admiral Trading has promised to offer a superior trading and investing ecosystem. But this company’s reality is far different from its slick claims. Admiral Trading is tricking gullible investors since it is unregulated and uses cloned identities. This Admiral Trading review explores the specifics of the Admiral Trading scam and offers vital information to help from falling for this fraudulent scheme. Let us explain why we included it in our list of scam brokers 2024.
Website: https://admiralsfx.trade/ and https://admiraltrading.vip
Website Availability: Yes
Official Address: 5 Midway Road, Leicester, ENGLAND, LE5 5TP
Regulation: Unregulated, Clone of FCA authorised firm
Warned By: Financial Conduct Authority (United Kingdom)
Domain Status:
- Domain Name: admiralsfx.trade
- Registry Domain ID: D40884852FC2348459BB82BB075802C26-GDREG
- Registrar WHOIS Server: whois.nicenic.net
- Registrar URL: www.nicenic.net
- Updated Date: 2023-11-21T14:46:59Z
- Creation Date: 2023-11-16T14:46:58Z
- Registry Expiry Date: 2024-11-16T14:46:58Z
Exposing the Fraud
Admiral Trading is available on several websites, such as www.admiralsfx.trade and https://admiraltrading.vip. These two websites are clones of an actual FCA-authorized company. The purpose of this fraudulent system is to fraud prospective investors into thinking they are interacting with a reputable, legally-mandated organization. Admiral Markets UK Ltd, the legitimate company, is registered under the domain name www.admiralmarkets.com and is assigned Firm Reference Number 595450. It is unrelated to the phony Admiral Trading websites.
Admiral Trading Review: A Scam in Disguise
Introduction
Admiral Trading claims to provide an exceptional trading and investment ecosystem since 2001. However, the reality behind this company is far from its glossy promises. Unregulated and operating under cloned identities, Admiral Trading is deceiving unsuspecting investors. This article delves into the details of the Admiral Trading scam and provides crucial information to avoid falling victim to this fraudulent scheme.
Unmasking the Scam
Admiral Trading operates under multiple websites, including https://admiraltrading.vip and www.admiralsfx.trade. Both of these sites are unregulated and are clones of a genuine FCA-authorized firm. The genuine firm, Admiral Markets UK Ltd, holds Firm Reference Number 595450 and operates under the website www.admiralmarkets.com. It has no connection with the fraudulent Admiral Trading sites.
The Deceptive Strategy
Admiral Trading replicas the features of Admiral Markets UK Ltd. as part of its approach. By doing this, they put up a front of respectability that may easily trick investors into making rash decisions. Using a scam site checker can help verify the authenticity of such mimicry and protect investors from falling victim to deceptive schemes.
The Risks of Unregulated Trading
There are a lot of risks involved with using unregulated trading platforms like Admiral Trading. These platforms can influence transactions, refuse withdrawals, and even vanish with investors’ money if they are not subject to regulatory scrutiny. The absence of accountability and transparency exposes investors to significant financial losses. Before investing, traders should confirm the regulatory status of any trading platform. Check a site thoroughly to ensure it is legitimate and regulated.
Admiral Trading Review – Conclusion
Admiral Trading is a perfect illustration of how dishonest companies function in the trading industry. They take advantage of investors by imitating a respectable company and seeming authentic. Always proceed with caution and confirm the legitimacy of any trading site.
Be aware of scams like Forex Trading Scams, Cryptocurrency Scams, Romance scams, Pump and Dump Scheme, Ponzi Scheme, Investment Fraud, Fake Trading Platform, Phishing Attack, Robo-Advisors Scams, Binary Options Scam, etc.
If you have already fallen victim to Admiral Trading, take quick steps to recover your money. While the process can be tough, patience and completing the proper steps can improve your chances of receiving your money back.
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Note: The Admiral Trading review is influenced by existing reviews online. We are not responsible for any legal actions taken by any entity favoring Admiral Trading.