ArgoTrade offers us to trade stocks, indices, currencies and much more, feeling inspired by trading with a reputable reputable broker. The firm claims to have extensive experience in the financial markets and belongs to a large company regulated by the reputable Financial Department. Let's check this, and many other claims.
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ArgoTrade. General information
The ArgoTrade site is presented in a rather dull design, as well as template blocks. The layout is a little crooked, the texts run into each other. They also have a problem with page indexing, which is why the independent service gave out a rather modest price tag for this creation.
On the home page we see the following blocks:
- logo and menu (markets, resources, platforms, accounts, regulatory package, language selection), buttons to go to the account opening section and enter your personal account;
- a picture with a call to action and another button to go to the registration section;
- search string for instruments (markets);
- summary table of quotes;
- company benefits;
- platform presentation;
- a little more about the benefits.
In the "basement" there is an expanded menu, logos of available payment systems, buttons to go to WatsApp, as well as a warning about risks. It also contains information about registration and obtained licenses.
The site is translated into three languages - English, Arabic and Spanish. Let's check some important legal details of this broker.
Expertise of legal information, ArgoTrade licenses
Although ArgoTrade provides information about what is regulated by the Seychelles Financial Services Authority, it is worth noting that this is an offshore jurisdiction zone, so the demand from beneficiaries there is minimal. As for the above FSA regulator, it is worth noting that this non-state office has not existed since 2013. This is evidenced by the Wikipedia entry.
A complete failure with the chosen registration address. The fact is that at the indicated contacts there is either a hotel, or a company that registers various offices at “rubber” addresses. In the same place, in the neighborhood, there is also a scam broker, which we recently talked about on binarybets.ru. In general, the guys chose the place for their "registration" unsuccessfully.
By the way, at the second, Cypriot, address, which the broker indicates as the headquarters of his management company, we found an office rental agency. In short, our friends have been lying up to their ears.
Naturally, an anonymous broker will not be regulated by any adequate financial commission. These romantics from the high road also did not receive licenses from the Central Bank of the Russian Federation.
Also, despite the fact that the broker in every possible way sticks out its credibility and success, the ArgoTrade project was launched in December 2021. And even the fact that the broker bought a domain with experience (see the very first screenshot in the review), the web archive data showed that the name was idle for several years, until our heroes appeared.
But each of us knows how important it is to cooperate with brokers who have proven their reliability over many months of conscientious work. After all, even among those who have been working for several years, there are scammers. And if you take various one-day trips, then even more so.
Features of the work of ArgoTrade. Tools and conditions for traders
Broker ArgoTrade has prepared just a huge number of "goodies" for its clients:
- access to leading international research;
- all popular tools no.
- a simple and modern trading platform adapted to any device;
- independent analysis;
- 24/5 expert support from experts with high knowledge;
- personalized solutions;
- many representations;
- transparent conditions;
- wide leverage;
- applying additional security measures to your accounts;
- many ways to deposit and withdraw funds;
- risk management;
- 24/7 access to the trading terminal;
- educational materials;
- interaction with a serious, regulated intermediary.
To start trading, you need to go through a simple registration and replenish your deposit account. 5 tariff plans have been developed for ArgoTrade clients. You can start working with $100. In this case, you will get the most elementary set of functions and tools. Do you want more? We'll have to lay out from 2000 USD.
We recommend that you refrain from investing in the ArgoTrade project. After all, everything in it says that there can be no talk of trust here.
Real customer reviews ArgoTrade
There are not many reviews about ArgoTrade on the web. But what we found was enough to make sure that we were facing another scam.
It is noteworthy that only laudatory comments are screwed on the broker's website. But apparently, all this was written to order.
If you have become victims of ArgoTrade scams, leave comments under this article. Perhaps it is your review that will save someone from losing money.
ArgoTrade User Fraud Scheme
Based on the reviews that we have seen, we can say that the ArgoTrade divorce algorithm is not much different from the principles of "work" of similar brokers. Everything is done very simply. Fraudsters are looking for their potential victims in thematic publics of social networks, on forums, resources dedicated to making money on the Internet and even dating. Those who fall for the beautiful promises of "successful success" are offered to register in the project and make the first deposit. If a trader starts with a minimum package, they draw animations of profitable transactions in order to promote them for additional investments. If a user has thrown a couple of thousand bucks, they can block him immediately or demonstrate how the balance of invested funds is quickly reset to zero. In any case, you will not see your own or earned money there.
The ArgoTrade project has the following signs of a scam:
- formulaic, cheap, uninformative site;
- lack of clear contacts;
- fake data of registration, licenses;
- lack of a license from the Central Bank of the Russian Federation;
- the presence of negative reviews.
Do you still trust offices like ArgoTrade? It is better to read our reviews more often so as not to fall for a scam. And save your money for really worthwhile sites.
If you have become a victim of ArgoTrade or other black brokers and want to get your hard-earned money back, leave your mail in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to take.