Read our A2Markets review to see if we recommend this broker for trading. Just to clear doubts, this is a a2markets.com review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So A2Markets is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about A2Markets in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
A2Markets Review Conclusions
Making the A2Markets review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our A2Markets review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Don’t ever believe these cheaters.
It was three months back when I decided not to do any kind of Forex trading as I had already lost a huge amount through trading that I got a call from U.S.
They claimed that they were experts in forex trading and company is named as A2markets.They convinced me that by depositing just 200 dollars I can start trading and through their expertise they will help me to get back the loss I incurred through previous trading. Since I have financial difficulties I borrowed 200 dollars from my friends and invested in their company.Though few trading in currency trading were in profit I couldn’t withdraw money as most other trades which I took through their advice were in huge loss.
Later,when Russia Ukraine war started,a person who introduced himself as senior accounts manager called me up and told war time is best for trading in Gold .He convinced me that by investing another 500 dollar, whatever I lost can be regained through their company and trusting their words I again borrowed 500 dollar and invested in trading through their company.But only one or two trades fetched profit and all other trades went to deep loss .Hence my free margin touched bottom limit and reached a situation wherein I would loss my whole capital.
But noone from company nor person named Harish, account manager from A2market who was supposed to guide me through trading ,ever called me up.I tried contacting them through phone and mail.
I used to regularly sent them mail and one day a person who introduced himself as senior account manager contacted me and told that to protect invested amount I need to invest another 500 dollar.since I was not in a position to bear loss of capital investment I again invested another 500 by borrowing money.So total investment reached 1200 dollar.But again trading I took based on their advice went for loss.I frantically called them up and emailed but in vain.I understood the hard truth that no body bothered to check my account as promised and I had to bear huge loss of entire capital.
After 5 days ,Harish called me up and told I lost entire capital and asked to invest another 300 dollar so that they can get back lost amount.
Before joining itself, had informed Harish several times, regarding the loss I incurred in previous trading and my inability to take anymore risk .But Harish was so irresponsible that he never bothered to monitor my account and update and guide me appropriately.
Shamelessly they informed me that they are helpless and without any trace of guilt withdrew from their responsibility of getting me back my capital .
The money I borrowed from my friends I have to payback and I will as I am not that mean as bloody ; A2market ‘ bastards.
Things I understood about A2markets are as below
1) Company is targeting mainly Indians because ,
a) like Rahul,Vineeth,Harish they have Indian employees ,who can speak Tamil,but Malasian citizens settled in U.S.They approach and get Indian customers.
b) If someone in India losses money ,they have limitation in complaining or getting back money.
2) No one from their team, are capable enough to analyse market trends or have knowledge about forex trading .
3) They build trading strategy based on reports in sites like Investing.com.
4)Harish,Vineeth,Rahul these names are repeated several times in conversation to fool us to think that team members are Indians .
These people don’t have any ethics,they fool people by saying they are experts in Forex trading when the truth is none of them know anything about Forex trading.
They don’t give any value for other person’s money and cheat them.
They are irresponsible cheaters.
Beware of these frauds.
Whatever I have gone through noone else should suffer.Hence I have send my complain petition to Federal Trade Commission in U.S as well CRIME BUREAU of India