Antrush Group Limited is one of the newer players in the trading industry. The company has offices in Australia, Canada, the US, and ASIC regulations. However, the company’s legitimacy has come under scrutiny due to its lack of license and negative feedback from clients. If you are considering using Antrush Group Limited for your financial transactions, read on to learn more about the company’s services, reputation, and any potential risks.
Company Overview
Broker Status: | Unregulated Scam Broker |
Regulated by: | Unlicensed Trading Company / No Regulation |
Scammers Websites: | Antrush.com |
Operating Status: | Active Forex Trading Scam |
Blacklisted as a Scam by: | N/A |
Broker Owner: | N/A |
Headquarters Country: | N/A |
Foundation Year: | 2022 |
Online Trading Platforms: | MetaTrader 5 (MT5) |
Mobile Trading: | Available via MT5 Mobile App |
Team
Antrush Group Limited presents a list of its executive team on its website. The team includes individuals with years of experience in the financial sector, including trading and financial consulting. But, when we searched with the name on the internet, we found no related information.
Services and Products
Antrush offers trading with the following instruments:
- Currency Pairs (Forex such as AUD/USD, USD/JPY and NZD/USD)
- Commodities such as Metals and Crude Oil
- Cryptocurrencies (Cryptos such as BCH, BTC and ETH)
- No indices
Trading Platform
Antrush Group Limited provides its traders with access to MetaTrader 5 (MT5), one of the most popular and trusted forex trading platforms. The MT4 platform provides traders with excellent charting tools, expert advisor compatibility, and trading indicators for technical analysis. Additionally, MT5 is mobile-friendly and accessible from any device.
License and Regulation
License Status
Antrush Group Limited lacks proper licensing in most countries where they carry out their activities. They sometimes claim that they are regulated under USA regulation, but no name for that claim. Again, they claim to be regulated by ASIC and FinCEN. Also, there is no proof of that.
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.
Regulation Status
FinCEN and ASIC are the monitoring organizations and they do not provide any licenses or regulations for any broker. It is clear that they are not regulated by regulatory organizations.
Why Should Not You Trust An Unlicensed Broker?
It is essential to choose a regulated broker so that your capital is secure, and you have legal recourse in case of disputes. A licensed broker provides assurance that they operate within the regulatory guidelines and adhere to industry standards, and guarantees a level of transparency by disclosing key information about their operations.
Legal Warnings Against Antrush Group Limited
Department of Financial Protection and Innovation issued a warning against this broker.
Client Feedback About Antrush Group Limited
About Their Trading
Traders have reported difficulty in executing trades on the Antrush Group Limited platform, with long delays in order execution and an inability to withdraw profits. Additionally, the company has been accused of price manipulation to the detriment of traders.
About Their Customer Service
The company’s customer service has also come under criticism, with clients reporting difficulties in reaching customer support and delayed responses to email inquiries.
How Can Reviewsadvice Help You If You Get Scammed?
If you have been scammed by Antrush Group Limited or any other unlicensed broker, Reviewsadvice can provide you with a free consultation and service recommendations to help you in recovering the lost fund.
Final Thought
Antrush Group Limited is an unlicensed trading platform that poses significant risks to traders. The company’s lack of regulation and negative feedback from clients raises questions about its legitimacy. As a trader, it is essential to do thorough research before investing your funds with any broker. Ensure that you choose a regulated trading platform that complies with industry guidelines and offers a high level of transparency and accountability.