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A Plus Trader Review 2025

A Plus Trader Review 2025

Updated:
Updated: January 06, 2025

Summary of A Plus Trader Trading Company

A Plus Trader, also known as A+ Trader, has been proven to be a scam. This false broker operated multiple websites disseminating misleading information about its registration and regulatory status. It was claimed that A Plus Trader operated under licenses from the FCA (Financial Conduct Authority of the United Kingdom), SVG FSA (Financial Services Authority of Saint Vincent and the Grenadines), and IFSC (International Financial Services Commission of Belize). While FCA and SVG FSA did not react to the false data on A Plus Trader's website, IFSC published an official statement in August 2018. In it, the Belize regulator warns that the license number IFSC/60/278/TS/22, listed on the A Plus Trader website, is fraudulent.
Traders also confirm that A Plus Trader uses deceptive techniques. TU experts found many negative reviews in which broker’s clients demand the return of their invested funds. The main fraudulent schemes mentioned include withdrawal cancellation, account blocking, execution of negative trades, and manipulations with managed accounts.

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obhinkdoank
48 weeks ago

A Plus Trader didn't allow me to withdraw $1,000. In reality, I deposited twice as much, but trading didn't go well, so I decided to change the broker. I applied for a transfer to my bank account, but a week passed, and there was no payment from A Plus Trader. I contacted support, and they said that the money was transferred to my account three days ago and advised me to contact my bank, supposedly the problem was on their side. However, the bank employee confidently stated that transactions from A Plus Trader were not recorded. I've been working with this bank for over 10 years, so I have no reason not to trust the information they provided. I can say with certainty that A+ Trader blocked the withdrawal.

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iwok
48 weeks ago

To avoid falling victim to fraud, I initially opened a cent account with A+ Trader. I deposited $100, followed by an additional $200 after successful initial testing. Trading conditions seemed normal, with no apparent interference and tight spreads, so I upgraded to a Standard account. However, problems arose immediately. Slippage occurred in nearly every trade, profitable orders were inexplicably canceled, and the platform frequently froze, rendering it unusable. Technical support failed to provide adequate explanations. After enduring these issues for just two weeks, I requested a withdrawal of my remaining funds. I managed to withdraw $200, but that was the end of it.

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darias40141
51 weeks ago

I found the A Plus Trader broker myself, which I deeply regret. I read a lot of positive reviews about it and believed that I would be able to trade normally. Later, I realized that they were paid for because I didn't get anything promised on the A Plus Trader website. Neither fast execution, nor extremely low spreads, nor quality support. The platform worked randomly. I would find myself opening potentially profitable trades and then not being able to close them at the right moment because of the freezes. Spreads on majors reached 10-15 pips, so the trading fee ate up all the profits from the trade. Tech support... It's terrible, I don't even want to remember. I blew a $1,000 deposit in a week.

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Kuanish
1 year ago

A Plus Trader is not a brokerage company; they're scammers! I didn't realize it immediately because I was able to trade profitably, even on a cent account. When I switched to a Standard account, losing trades started pouring in one after another. I know how to trade, so it wasn't about my experience or market fluctuations. At that time, the market was quite stable, unlike the spreads at A Plus Trader. When I attempted to distance myself from this fraudulent broker by withdrawing my remaining funds, my account was abruptly deleted. All efforts to regain access and recover my money have been unsuccessful, leaving my funds trapped within A+ Trader's clutches.

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amuronj
1 year ago

A+ Trader is nothing short of a scam. Despite limited trading experience at the time, I’ve never encountered such blatant fraud. Before A+ Trader, I traded with two other brokers. While they offered high spreads, they at least allowed withdrawals and didn’t interfere with trading. A+ Trader, if it can even be called a company, presented obstacles from the outset. Spreads on major currency pairs were higher than those offered by other brokers for exotic pairs. The platform's quotes were unrealistically distorted, making the deception evident even to beginners. Support was completely unhelpful. Despite reporting platform freezes, there was no resolution. I strongly advise against using A+ Trader; you're guaranteed to lose money.

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khalid_m
1 year ago

The calls from A Plus Trader started immediately after I registered an account on their website. The manager's main task was to persuade me to deposit funds. However, the $100 I deposited into the Micro account wasn't enough for them, so the calls continued for about two more weeks. By that time, I was already fed up with it. Besides, the trading conditions even on the cent account weren't as good as they tried to assure me. At the same time, I was testing the account of another company, and I liked their fees and execution quality much better. So, I opened a Standard account with them, but even after a month, the calls from A Plus Trader didn't stop. Online reviews confirmed that they are scammers.

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fxlaw
1 year ago

After a month of successful trading on the cent account, I decided to upgrade to a Standard account with A+ Trader. Despite the positive experience on the Micro account, the Standard account proved disappointing with its significantly higher spreads and slow execution speeds. I promptly initiated a withdrawal request, which was inexplicably canceled. Subsequent withdrawal attempts were also denied. Support then demanded updated personal information and documents, which I provided without resolution. Ultimately, A+ Trader stopped any communication, and my $800 remains inaccessible. This experience for sure indicates that A+ Trader is a scam.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

FAQs

Why has A Plus Trader been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against A Plus Trader by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of A Plus Trader is down, not updated or operates with clear errors and some features are not available;
• A Plus Trader has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if A Plus Trader got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why A Plus Trader got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from A Plus Trader?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if A Plus Trader is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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