Beware Of Unregulated FX Broker ARDU Prime Of Its Future Activities

The economy is now slowly going back to normal after the pandemic. Forex trading has become stronger than ever, and a lot of people find it efficient in many ways.

As an opposite result, sleeper Forex brokers are planning to go back to business without even knowing that they need to renew their licenses and regulations first to be able to do business legally.

For example, Ardu Prime put out an article saying that they would start a new era.

About Ardu Prime

Ardu Prime is an internet broker situated in Athens, Greece. As a trading instrument, it provides Forex, Indices, Commodities, US Equities, and Cryptocurrencies.

Is Ardu Prime regulated？

On their official website, it states that they are under the regulations of big regulators such as FCA and BAFIN. But when we looked into whether it was true, we found that Ardu Prime had exceed the authorization on both regulators.

What makes Ardu Prime a risky broker？

Aside from its regulatory status, a slogan may be misleading to investors. It reads “Trusted By Clients Since 1999,” although the domain was registered in 2019 and will expire in 2022.

Client feedback

A trader reported to WikiFX Support that the firm was making fraudulent promises. The trader was intrigued by their promise of huge profits and a high rate of return. However, after a month of trading, he lost 90% of his money.

Ardu Prime on WikiFX

WikiFX is a forex trading search engine, online app, and mobile app that offers traders detailed information about the broker. It eliminates the requirement for consumers to utilize another web app to see information from other brokers. It contains all of the information provided by its dealers, including reviews and complaints.

The WikiFX App lists approximately 39,000 brokers, both legal and unregistered. The support staff has been working hard with 30 financial regulators from across the globe to resolve any trading issues.

You may reach customer service at the following numbers:

In conclusion

Since Ardu Prime has already exceeded its regulatory status. The broker may be found or may be considered a scam broker. Before investing, make sure that the broker is authorized to do forex business.

You may check out for more of Ardu Prime here: https://www.wikifx.com/en/dealer/9891672005.html

Stay tuned for more Forex Broker reviews.

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