Score

1.53 /10
Danger

Adamant Finance

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.15

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Adamant Finance · Company summary

Note: Since this brokers official site (https://adamantfinance.com/) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information

Adamant Finance presents itself as a global online financial trading platform and multi-asset broker headquartered in Saint Vincent and the Grenadines since 2008, offering retail investors forex trading, social trading, share dealing trading, up to 24+ tradable assets with 1:500 leverage, as well as a choice of four different types of accounts.

Market Instruments

Adamant Finance advertises that it offers access to 24+ trading instruments, including forex, currencies, cryprocurrencies, metals, energies and UK shares.

Account Types

There are three live trading accounts offered by Adamant Finance, apart from demo accounts, namely ECN, STP and Islamic. Opening an account may require a minimum initial deposit of $100, yet we have no chance to check it and find more details on its official website due to its broken links.

Leverage

When it comes to trading leverage, the maximum level offered by Adamant Finance seems to be pretty high, up to 1:500. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Commissions

From the information displayed on the Internet, we got the understanding that Adamant Finance charged commission on CFD instruments, but no more latest reliable information available.

Trading Platform Available

In terms of available trading platforms,Adamant Finance gives traders some choices: Metatrader4 Webtrader, MetaTrader4 on iOS and Android devices. As most traders‘ known, MT4 is the world’s most popular trading platform. MT4 web software is equipped with advanced charting, a highly customized trading environment, easy to access online trading tools and many different indicators. While MT4 on iOS and Android devices gives traders the ability to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Deposit & Withdrawal

Adamant Finance accepts payment methods via Credit Cards and Payoneer. Note that available payment methods vary on the clients country of residence. The minimum deposit says to be $100. Also, it charges deposit and withdrawal fees. For example, withdrawal fees is $20 per transaction. As for the processing time of deposit and withdrawal, it varies depending on the method but averagely 2 to 5 days.

Fees

Adamant Finance does charges some fees. Apart from deposit and withdrawal fees which have mentioned before, it also charges fees for inactive accounts, yet it hasnt disclose any more specific information.

Customer Support

Adamant Finance‘s customer support can be reached only through email: info@adamantfinance.com. However, this broker doesn’t disclose other more direct contact information like telephone number or company address while most brokers offer.

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Azizie Alwie
more than one year
Stay away from them. I have lost about USD 20k. They keep pushing you to top up the account. The only thing they are interested in is to grab as much spread as they can by making your trade as much as possible and before you know it your money is gone.
Stay away from them. I have lost about USD 20k. They keep pushing you to top up the account. The only thing they are interested in is to grab as much spread as they can by making your trade as much as possible and before you know it your money is gone.
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2023-03-13 15:34
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