Score

1.52 /10
Danger

ANSTEEL

Suspicious Regulatory License

High potential risk

B

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Score

Regulatory Index0.00

Business Index7.11

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ANSTEEL · Company summary

Note: Regrettably, the official website of ANSTEEL, namely http://eb.ansteel.cn/sales2-web/, is currently experiencing functionality issues.

ANSTEEL Review Summary
Founded 2-5 years
Registered Country/Region China
Regulation Unregulated
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support N/A

What is ANSTEEL?

ANSTEEL is a steel manufacturing company based in Anshan, China. It's important to note that ANSTEEL lacks regulatory oversight. Additionally, the company's official website is currently inaccessible. Customers can visit ANSTEEL's office located at No. 1, Huangang Road, Tiexi District, Anshan City, Liaoning Province, to inquire and access their services.

ANSTEEL

If you're interested, we would like to invite you to read our upcoming article where we will assess the broker from multiple perspectives and provide you with organized and concise information. At the end of the article, we will summarize the key features of the broker to give you a comprehensive overview.

Pros & Cons

Pros Cons
N/A
  • Not regulated
  • Non-transparent and safe trading conditions
  • Lack of industry experience
  • Inaccessible website
  • No ways to contact provided

Pros:

- N/A

Cons:

- Not Regulated: ANSTEEL is not regulated, which means that it does not have obtained the necessary regulatory approvals to operate in certain jurisdictions. This is a significant drawback, as trading with non-regulated entities carries higher risk.

- Non-transparent and Unsafe Trading Conditions: ANSTEEL's website is non-transparent, which does not inspire confidence in its trading conditions. The lack of detailed information about trading fees, margin requirements, and other important trading parameters makes it difficult for traders to make informed decisions.

- Lack of Industry Experience: Compared to other more established trading platforms, there is little information available online about ANSTEEL's track record, which makes it difficult for traders to evaluate the risks involved.

- Inaccessible Website: ANSTEEL's website is inaccessible. This is highly problematic, as the website is the primary point of contact between the company and its clients.

- No Contact Information Provided: ANSTEEL does not provide any ways to contact the company. This is a major red flag, as traders typically need to be able to contact the company's customer support team in case of any issues or inquiries.

Is ANSTEEL Safe or Scam?

ANSTEEL operates without any form of regulatory oversight. This means that there is no governing body or authority monitoring and overseeing their activities. The absence of regulation poses significant concerns and potential risks for investors.

No license

Additionally, it is important to note that ANSTEEL's official website is inaccessible, which further compounds doubts regarding the reliability and transparency of their trading platform. Consequently, investing in ANSTEEL carries a heightened level of risk. If you are considering investing with ANSTEEL, it is crucial to conduct thorough research, carefully evaluate the potential risks against the potential rewards, and exercise caution before making any final investment decisions. It is generally recommended to choose brokers or investment platforms that are properly regulated to ensure the safety and protection of your funds.

Customer Service

Customers can visit their office:

Address: No. 1, Huangang Road, Tiexi District, Anshan City, Liaoning Province

Conclusion

In conclusion, the lack of regulatory oversight, the non-transparent trading conditions, the lack of industry experience, the inaccessible website, and the absence of any contact information are all significant concerns that raise doubts about ANSTEEL's reliability and safety. It is advisable to approach ANSTEEL with extreme caution and to explore other trading platforms that have a proven track record of regulatory compliance, transparency, and responsive customer support.

Frequently Asked Questions (FAQs)

Q 1: Is ANSTEEL regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Is ANSTEEL a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and no ways to contact them.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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FX1573796839
more than one year
Stay away from ANSTEEL broker! They've vanished, leaving users in the lurch. Save yourself the trouble.
Stay away from ANSTEEL broker! They've vanished, leaving users in the lurch. Save yourself the trouble.
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2023-12-22 12:05
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