AnchGo is a forex broker that has been the subject of many complaints and accusations of being a scam. The company claims to be regulated by the Australian Securities and Investments Commission (ASIC), but this is not true. In fact, ASIC has issued a warning against AnchGo, stating that it is not a licensed financial services provider.
Company Overview
AnchGo was founded in 2022 and is headquartered in China. The company’s website claims to offer a variety of trading products, including forex, CFDs, and cryptocurrencies. However, there is no evidence that AnchGo actually provides any trading services.
Team
The AnchGo website does not list any of the company’s management team members. This is a red flag, as legitimate brokers typically have a transparent team structure.
Services or Products
AnchGo claims to offer a variety of trading products, but there is no evidence that the company actually provides any trading services. The company’s website does not have a live trading platform, and there are no customer testimonials or reviews.
License and Regulations
AnchGo claims to be regulated by the ASIC, but this is not true. ASIC has issued a warning against AnchGo, stating that it is not a licensed financial services provider. This means that AnchGo is not subject to any regulatory oversight, and there is no guarantee that your funds will be safe if you trade with them.
Why Dealing With An Unlicensed Broker Is Risky
There are many risks associated with dealing with an unlicensed broker. These risks include:
- The broker may not be authorized to provide financial services in your jurisdiction.
- The broker may not have the necessary financial resources to protect your funds.
- The broker may be more likely to engage in fraudulent or unethical practices.
Legal Warning Against AnchGo
ASIC has issued a legal warning against AnchGo, stating that the company is not a licensed financial services provider and that it is engaged in misleading and deceptive conduct. The warning states that AnchGo has been falsely claiming to be regulated by ASIC and that it has been soliciting investments from the public without providing the necessary disclosures.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Client Feedback
There are many negative reviews of AnchGo online. Some users have complained that they have been unable to withdraw their funds from the company, while others have said that they have been contacted by AnchGo representatives who have pressured them to make further investments.
Feedback About Their Trading
There are no customer testimonials or reviews about AnchGo’s trading services. This is a red flag, as legitimate brokers typically have a good reputation among their clients.
Feedback About Their Customer Service
There have been some complaints about AnchGo’s customer service. Some users have said that they have had difficulty getting in touch with customer support, while others have said that they have received unhelpful or unprofessional responses.
How Can “Reviews Advice” Help You If You Get Scammed?
If you have been scammed by AnchGo or another unlicensed broker, Reviews Advice can help you get your money back. We have a team of experts who can help you file a complaint with the relevant authorities and recover your funds.
We will provide you with a free consultation and service recommendation to help you in recovering the lost fund. Also, you will get access to our premium education resources as scammer lists, licensed broker lists, and professional guides.
Final Thought
AnchGo is a scam broker that should be avoided. If you are considering trading with AnchGo, we advise you to reconsider. There are many legitimate brokers out there that offer safe and reliable trading services.
Before you trade with any broker, be sure to do your research and only trade with a legitimate company that is regulated by a reputable financial authority. You can find more information about how to avoid forex scams on the Reviews Advice website.
