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Advanced Traders

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Operating status: SCAM

Website: https://advanced-traders.com/

Broker violations and abnormal records
  • 2024-03-13 The Belgian FSMA added Advanced Traders to its warning list

    On March 14, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Advanced Traders to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/baware-these-new-fraudulent-trading-platforms

    On March 14, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Advanced Traders to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/baware-these-new-fraudulent-trading-platforms
  • 2024-03-17 BrokersView has reviewed that Advanced Traders is an unregulated trading platform

    Advanced Traders' lack of transparency about its regulatory status implies potential non-compliance with necessary operational authorizations, raising serious concerns.

    In addition, the Belgian Financial Services and Markets Authority (FSMA) has added Advanced Traders to its warning list as a fraudulent trading platform.

    In essence, Advanced Traders is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Advanced Traders appears to be a scam.

    Advanced Traders' lack of transparency about its regulatory status implies potential non-compliance with necessary operational authorizations, raising serious concerns.In addition, the Belgian Financial Services and Markets Authority (FSMA) has added Advanced Traders to its warning list as a fraudulent trading platform.In essence, Advanced Traders is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Advanced Traders appears to be a scam.

Related Complaints

Q&A

Is Advanced Traders legit or scam.

Iqbal
2024-03-27
ANSWER Advanced Traders appears to be a illegitimate as it provides financial services without the required authorization.Who are providing financial services through the website is unverified due to the lack of transparency. It conceals essential contact information, hindering investors' ability to verify. It doesn't disclose details regarding any licensing data, indicating potential non-compliance. In addition, the Belgian Financial Services and Markets Authority (FSMA) has added Advanced Traders to its warning list as a fraudulent trading platform.Therefore, Advanced Traders appears to be a scam. To avoid falling victim to potential fraudulent activities, it is highly recommended to choose fully regulated brokers over the unregulated ones like Advanced Traders.
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