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Aron Groups

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Operating status: SCAM

Website: https://arongroups.co/en/

Broker violations and abnormal records
  • 2025-02-26 BrokersView has reviewed that Aron Groups is an unregulated broker

    According to its website, it claims to be registered with the Marshall Islands Registry (IRI). Although we found relevant information in IRI, it is well known that IRI does not have the right to regulate foreign exchange. In addition, it claims that the actual office address is in Cyprus. After inquiry, no matching information was found in Cyprus Securities and Exchange Commission (CySEC).

    In essence, Aron Groups 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.  Aron Groups appears to be a scam. 

    According to its website, it claims to be registered with the Marshall Islands Registry (IRI). Although we found relevant information in IRI, it is well known that IRI does not have the right to regulate foreign exchange. In addition, it claims that the actual office address is in Cyprus. After inquiry, no matching information was found in Cyprus Securities and Exchange Commission (CySEC). In essence, Aron Groups 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. Aron Groups appears to be a scam.

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4 comments

Mohsin Ali Abbasi
Plz Stay away from this Scam company Because this Scam company Removed my initial deposit and profit also my registered id is mohsinaliabbasi15@gmail.com.I am writing to share my review of the services provided by Aron Market, which I believe to be a fraudulent broker. My name is Mohsin Ali Abbasi, and I opened an account with Aron Market with the MT5 Account No. 195552. I would like to bring to your attention an incident that has occurred with my account, leading me to conclude that Aron Market is engaging in unethical practices.On 15th November 2024, I deposited $270 into my account and opened a sell trade of 50 shares of US stock Target (TGT). I made a profit of $1,454. However, when I requested to withdraw my profits, Aron Market canceled all my profits and even confiscated my initial deposit. They emailed me, accusing me of fraudulent trading.Aron Market claimed that I violated their rules and misused their Negative Balance Protection (NBP) policy. However, this accusation seems highly dubious. Before this incident, I experienced losses totaling $1,500 (including $400, $500, and $600 deposits). During those times, the broker never mentioned any rule violations or sent me an email about such concerns. Instead, they encouraged me to make further deposits as I was losing. Now, when I finally made a profit, they conveniently claim I broke their rules.The broker states that I misused their Negative Balance Protection feature. Yet, their system automatically resets negative balances to zero after two hours. This automated facility is provided by their platform. I fail to understand how trading based on speculation or market news can be considered fraudulent. When I lost money, they did not raise any concerns about rule violations. But now that I have profited, they refuse to honor my earnings and confiscated both my profit and capital.I strongly believe this broker is scamming its clients. Aron Market appears to run standalone servers that are not connected to legitimate exchanges. If my trading strategy resulted in a loss, would the company compensate me for my loss? If not, why is the company penalizing me for earning profits?I urge all retail traders to exercise caution when trading with Aron Market. Based on my experience, this broker is unreliable and dishonest. They lure traders into depositing money but refuse to honor withdrawals when profits are made.I also address the CEO of Aron Market: your company has scammed me. Kindly return my profit of $1,454 and my initial capital of $270, totaling $1,721. I did nothing wrong; I simply conducted a normal trade on US shares provided by your broker.I request all retail traders to withdraw their money from Aron Market before they face similar issues. Even if you make a profit, you may eventually lose your hard-earned money due to their fraudulent practices. I have attached screenshots, videos, and other evidence to this email. I am also consulting with my lawyer this week to take legal action against Aron Market.Thank you for your attention, and I hope my experience helps others avoid falling victim to this scam.I have seen many victims at trustpilot and other platforms whom aron broker stole money. I am inviting every victim of this broker so we make group against this broker and take collective actions. Sincerely,Mohsin Ali Abbasi
2024-12-05
1
Reply
Mohsin Ali Abbasi
I am writing to share my review of the services provided by Aron Market, which I believe to be a fraudulent broker. My name is Mohsin Ali Abbasi, and I opened an account with Aron Market with the MT5 Account No. 195552. I would like to bring to your attention an incident that has occurred with my account, leading me to conclude that Aron Market is engaging in unethical practices.On 15th November 2024, I deposited $270 into my account and opened a sell trade of 50 shares of US stock Target (TGT). I made a profit of $1,454. However, when I requested to withdraw my profits, Aron Market canceled all my profits and even confiscated my initial deposit. They emailed me, accusing me of fraudulent trading.Aron Market claimed that I violated their rules and misused their Negative Balance Protection (NBP) policy. However, this accusation seems highly dubious. Before this incident, I experienced losses totaling $1,500 (including $400, $500, and $600 deposits). During those times, the broker never mentioned any rule violations or sent me an email about such concerns. Instead, they encouraged me to make further deposits as I was losing. Now, when I finally made a profit, they conveniently claim I broke their rules.The broker states that I misused their Negative Balance Protection feature. Yet, their system automatically resets negative balances to zero after two hours. This automated facility is provided by their platform. I fail to understand how trading based on speculation or market news can be considered fraudulent. When I lost money, they did not raise any concerns about rule violations. But now that I have profited, they refuse to honor my earnings and confiscated both my profit and capital.I strongly believe this broker is scamming its clients. Aron Market appears to run standalone servers that are not connected to legitimate exchanges. If my trading strategy resulted in a loss, would the company compensate me for my loss? If not, why is the company penalizing me for earning profits?I urge all retail traders to exercise caution when trading with Aron Market. Based on my experience, this broker is unreliable and dishonest. They lure traders into depositing money but refuse to honor withdrawals when profits are made.I also address the CEO of Aron Market: your company has scammed me. Kindly return my profit of $1,454 and my initial capital of $270, totaling $1,721. I did nothing wrong; I simply conducted a normal trade on US shares provided by your broker.I request all retail traders to withdraw their money from Aron Market before they face similar issues. Even if you make a profit, you may eventually lose your hard-earned money due to their fraudulent practices. I have attached screenshots, videos, and other evidence to this email. I am also consulting with my lawyer this week to take legal action against Aron Market.Thank you for your attention, and I hope my experience helps others avoid falling victim to this scam.I have seen many victims at trustpilot and other platforms whom aron broker stole money. I am inviting every victim of this broker so we make group against this broker and take collective actions. Sincerely,Mohsin Ali Abbasi
2024-11-23
1
Reply
Brokersview Official
Dear, about your problems encountered in this broker, you can submit a complaint with your proofs, Please click the link to submit:https://www.brokersview.com/complaint service@brokersview.com
2024-11-28
1
Reply
Mohsin Ali Abbasi Reply Brokersview Official
Hi how are you my Respected dear sir plz Give me your email address I will sending you all documents like deposit broker statement my profit shows 1721$ in my client portal I have also video and screenshot. You also dcleard Aron Groups broker as Scam broker on you Linkin page with all proof. And broker told me if I fill form and send them so they will solve my problem and I send my filled form 6 days ago but still not solved my problem plz help me
2024-12-05
1
Reply
View 2 more comments
sara
Fees and spread are very low with small deposit you can get instituional accounts which really helps over time with costs.Very prompt and responsive customer support. I wish they get a regulation to feel safer for clients but last 9 months no issues with anything.
2024-03-05
3
Reply
Duncan Kim
Depositing money is getting more and more troublesome. There are too few trading varieties, and there are no varieties that I want to trade, and the withdrawal is slow
2023-08-23
2
Reply
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