WikiFX Review: worrisome facts about Aktien AG

Aktien AG (aktien.ag) claims to be an international online broker providing easy access to more than 130 trading instruments in 6 asset categories. And they also say to be properly licensed and authorized, which all sounds great, but unfortunately is just a blatant lie. For more information about the scam please check the following lines.

Aktien AG is an exposed scam! It was blacklisted by the German financial regulator BaFin, which warned the public that the trading services offered by the so-called brokerage are unregulated and practically illegal! Avoiding blacklisted brokers is a must, so whatever the case, you should dismiss Aktien AG and find real Forex firms instead. WikiFX confirms that scammers will steal your money if you deposit with Aktien AG!

That said, we should pay attention to some details found on AktienAG‘s website as they wave a red flag. Namely, the so-called broker claims to be regulated by the Financial Authority but never specifies which one. In reality, their statement is completely false, and they blatantly lie to mislead customers and trick them into believing that Aktien AG is a legit Forex broker. That’s a major red flag, so with or without warning, we would still confirm that the broker is a scam!

Let's search “Aktien AG” on WikiFX APP to find out more about this broker. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.

As you can see, based on information given on WikiFX (https://www.wikifx.com/en/dealer/1667622862.html), Aktien AG currently has no valid regulatory license and the score is rather negative - only 1.07/10! WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.

Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not. Compared with official financial regulators that might lag behind, WikiFX is better at monitoring risks related to certain brokers - the WikiFX compliance and audit team gives a quantitative assessment of the level of broker regulatory through regulatory grading standards, regulatory actual values, regulatory utility models, and regulatory abnormality prediction models. If investors use WikiFX APP before investing in any broker, you will be more likely to avoid unnecessary trouble and thus be prevented from losing money! The importance of being cautious and prudent can never be stressed enough.

In addition, according to what WikiFX has found on the website, AktienAG claims that its trading software is an award-winning platform, but that‘s simply another lie and more evidence of a scam. In truth, they provide only a basic Webtrader that’s basically worthless. You may check the overly simplified web based platform offered by Aktien AG on the screenshot below. Obviously this is not the award winning trading software advertised on the website and definitely is not a match for the industry standard MetaTrader4 and MetaTrader5.

What's more, the funding method is Credit/Debit cards, but the deposit system showed a massive red flag. Namely, each transaction is processed by Paypound, which is a scam facilitator used by plenty of suspicious brokers. The problem with Paypound is that it makes chargebacks impossible, so if things go wrong, customers will have almost no chance of recovering their money!

Information about withdrawals and fees is missing as Aktien AG reveals nothing, and the brokerage does not even have legal documents! The absence of documentation practically makes Aktien AG illegal and further confirms that the so-called broker is a scam! Stay away!

Given what has been discussed above, it can be concluded that Aktien AG is not trustworthy at all. All traders should be vigilant when investing in a broker. WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFX's official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!