Brief Look at A Plus Trader
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.
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.
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