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Aden Markets

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Operating status: SCAM

Website: https://adenmarkets.com/

Broker violations and abnormal records
  • 2023-12-05 BrokersView has reviewed that Aden Markets is an unregulated broker

    To begin with, Aden Markets, a dubious trading platform, seems to operate under another trade name and website address, https://ombanv.com/index.html and OMBANV Trade, which has been flagged by BrokersView.

    Furthermore, the domain of Aden Markets, adenmarkets.com, was only registered in June 2023, which raises concerns due to its recent inception.

    Aden Markets presents itself as a reputable ECN broker, yet fails to provide any information about its regulatory status. This lack of transparency is a significant indicator of potential fraudulent activity. Despite claiming to be based in Montenegro, our search in the register of the Capital Market Authority of Montenegro (SCMN) found no matching results, indicating that it is not registered with the country's financial watchdog and its offerings are therefore illegitimate.

    In conclusion, Aden Markets is not regulated by any governing body, making it highly risky for investors to entrust their funds to this broker. There are no legal protections in place to safeguard the funds.

    Based on these findings, Aden Markets appears to be a scam.

    To begin with, Aden Markets, a dubious trading platform, seems to operate under another trade name and website address, https://ombanv.com/index.html and OMBANV Trade, which has been flagged by BrokersView.Furthermore, the domain of Aden Markets, adenmarkets.com, was only registered in June 2023, which raises concerns due to its recent inception.Aden Markets presents itself as a reputable ECN broker, yet fails to provide any information about its regulatory status. This lack of transparency is a significant indicator of potential fraudulent activity. Despite claiming to be based in Montenegro, our search in the register of the Capital Market Authority of Montenegro (SCMN) found no matching results, indicating that it is not registered with the country's financial watchdog and its offerings are therefore illegitimate.In conclusion, Aden Markets is not regulated by any governing body, making it highly risky for investors to entrust their funds to this broker. There are no legal protections in place to safeguard the funds.Based on these findings, Aden Markets appears to be a scam.

Related Complaints

Q&A

Where can I get the details of account types on Aden Markets?

Alireza Hanif
Heard Island and McDonald Islands
2024-03-20
ANSWER We strongly recommend that you steer clear of Aden Markets. This broker, which is not licensed, is potentially linked to another scam that BrokersView previously flagged, namely OMBANV Trade.Aden Markets purports to be based in Montenegro. However, our investigation in the register of the Capital Market Authority of Montenegro (SCMN) revealed no records of their authorization to offer financial services.Given these facts, Aden Markets does not present a secure investment option. To protect yourself from potential fraud, we advise against engaging with Aden Markets and similar unlicensed brokers. For a safer trading experience, we suggest considering a broker that is fully regulated.
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