Aron Market Accused by Investor: "I Strongly Believe this Broker is Scamming its Clients"

After several trading failures, you manage to profit and cover your loss. Suddenly, the broker says you have violated trading rules and wipes all profits and even your deposit. How do you feel?

On November 15, investor Ali “opened a sell trade of 50 shares of US stock Target (TGT)” at Aron Market, earning a profit of $1,454.

When he tried to withdraw his profit, the broker canceled the profit for fraudulent trading and deducted Ali's deposit.

Aron Market refused Ali's withdraw request

Aron Market claimed that the investor had violated trading rules by misusing the negative balance protection feature. Ali disagreed with the claims and argued that he had done nothing wrong. He made trading decisions by predictions and market news, and could not understand why the decisions would be considered fraudulent.

According to the investor, Aron Market's system automatically resets the negative balance protection to zero every two hours.

Before the incident, Ali had lost all the $1,500 he had deposited. At that time, the broker did not point out his improper trading behavior and even encouraged him to deposit more money to cover his loss. But when Ali did make a profit, the Aron Market suddenly said he had violated the rules, which was hard to agree.

“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.”

The investor believes that Aron Market is lying to its customers. He claims for $1,454 he earned and $270 he had deposited, totaling $1,721. In addition, Ali questioned the legitimacy of this company.

No financial license

Looking at Aron Market's website, it appears that the broker has offices in the Marshall Islands and Cyprus and provides a phone number in the UK for clients to contact.

_{Details on Aron Market's website}

However, no authorization information for Aron Market or Aron Group exists on the websites of the Cyprus Securities and Exchange Commission (CySEC) and the UK's Financial Conduct Authority (FCA). The company is not regulated in Europe.

_{Aron Market is not regulated by FCA or CySEC}

Aron Market also claims to be registered in the Marshall Islands, a place with no financial regulator.

All in all, Aron Market is not licensed by any financial regulator.

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