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First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St Vincent and the Grenadines
Founded2020
Time ZoneGMT+2
Credit ProfileNo information
Trading Platforms
MT5
Windows,
iOS,
Android
Contact
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Website Language
English,
Persian
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Phone,
Email,
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Supported Language
English,
Persian
Overall Score
4.0
4 Reviews
Cost4.7
Platforms4.0
Deposit & Withdrawal4.0
Customer Support4.3
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Outstanding: 9+
Good: 7-9
Average: 5-7
Poor: 0-5
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Mohsin Ali Abbasi
7-12 months
Standard Account
Pakistan
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
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
Reply
sara
7-12 months
VIP Account
United Arab Emirates
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
1
Reply
Duncan Kim
Samoa
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