Read our Audemars Group review to see if we recommend this broker for trading. Just to clear doubts, this is an audemarsgroup.com review. They also use audemarmarkets.com domain.
Is Audemars Group Legit?
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 infamous for scamming schemes.
So, Audemars Group is just another unregulated forex broker, which means the customers aren’t 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 the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try 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, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good Audemars Group reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
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 doesn’t 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 Audemars Group?
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 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 they deceived you into depositing money for a non-regulated trading company. Mention also that 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 [email protected] but don’t let your broker know they you read this article or that you are contacting 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 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 where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. 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 don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave Audemars Group reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about Audemars Group, 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, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.
Audemars Group Review Conclusions
Making the Audemars Group review was our pleasure, and we hope to save as many people 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 Audemars Group 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.
Hello, I recently was in contact with a person named Allen Sokal.
email: [email protected].
I completed some of the application process and this gentlemen called me, however, part way through the process we lost contact with each other on the phone.
Now I have come across this review page with a warning about this broker and the company, audemarsgroup and the information that they are unregulated and that I may end up losing my money.
I would like to thank you for monitoring companies such as these and informing the public that they are not to be trusted.
Thank you very kindly.
Frank Zimmer
I’ve been trading with Audemars Group for 6 weeks now. I want to make a withdrawal from my account, I initially wanted $5000.00 USD to recoup my initial investment, but since then they asked me for the commissions and bank fees up front before I get my money, can those not be deducted from my account which is a total of $16184.00 USD.Also they want me to withdraw everything which causes more commissions and bank fees. Is this procedure correct, I feel I’m getting scammed.
Have you been able to withdraw any amount or they still keep asking you to bank fees before you can withdraw and did they give you any bonus and ask you to pay that back before you will be able to withdraw?
Audemars Group is a scamm company.
Audemars group is a scam. You put money and never gets to withdraw your money. Audemars is a big SCAM.
I deposited 400 euros and made 750 euros.
I got an emergency situation with my life and needed money. The name of the broker is martin williams. Its given he is the senior financial analyst.
He is very good in taking all the money from my account. Whenever i ask him about withdrawals he wants me to deposit more and even want me to take bank loan from bank to invest in him so that he can eat all the commissions. I have stopped my trading account and I’ve been waiting for 2 weeks to get the money back. MARTIN AND HIS TEAM IS FRAUD. PLEASE DON’T INVEST AND LOOSE MONEY.
I cant withdraw my funds its a scam company…they ask me for repay bonuses then I will get my funds then I repaid it and then they told me all my referals must repay bonuses ? 😀 what a non sense dont invest there…stay away
Hi Jaroslav, how much do you lose? I broke the conction with those anymals, and they called me today again, but offcourse, thru other guy…
I have lost 200 euros last year with audemar group .since then last week 5th march 2024, a men called Felix Smith • [email protected] has contacted me. I think he is same person of last time and he was called Boris last time. He said my 200 euros become 7500 euros autamatically by ai .so i told him i wanna withdraw some money first. Then he made me id in binance and metamask then he join me with another men called Oliver . He siad he is chife financial advisor . I ask him if he give me back my 200 euros he can keep the rest . Then he get angry and told me that to withdraw money i should put 1000 euro first. . Now i dont used the sim which they are calling me . I write this so others can be alerted with scam group.
Thank you