Almitty Trading Review : Fees, Pros and Cons, Reviews by Real Traders

Almitty Trading

Operating status: SCAM

Website: https://www.almittytrading.com/

Broker violations and abnormal records

Oct 11, 2022 The Ontario OSC Added Almitty Trading into Its Warnings
On 12 Oct 2022, the Ontario Securities Commission issued a warning that Almitty Trading was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/almitty-trading

On 12 Oct 2022, the Ontario Securities Commission issued a warning that Almitty Trading was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/almitty-trading
Oct 13, 2022 BrokersView has Reviewed that Almitty Trading is an Unregulated Forex Broker
Almitty Trading claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA. That means the broker is not regulated in the country.
Moreover, the Ontario Securities Commission issued a warning that Almitty Trading was not registered in Ontario to engage in the business of trading in securities.
The truth is that Almitty Trading is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Almitty Trading claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA. That means the broker is not regulated in the country.Moreover, the Ontario Securities Commission issued a warning that Almitty Trading was not registered in Ontario to engage in the business of trading in securities.The truth is that Almitty Trading is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Dec 11, 2022 BrokersView has found that Almitty Trading is not working
BrokersView found the domain "https://www.almittytrading.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://www.almittytrading.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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