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AK Global Markets Review: Akglobalmarkets.com Busted Forex Broker Scam

AK Global Markets Review: Akglobalmarkets.com Busted Forex Broker Scam

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AK Global Markets (akglobalmarkets.com) is a CFDs and Forex broker scam that must be exposed. News of how AKGlobalMarkets has been scamming members has reached us thanks to emails sent to us. Manuel Benson wrote to us explaining how he lost over $10,000 in just a few hours. This prompted us to carry out a thorough investigation to determine the root course of his losses. Here are the full details.

AK Global Markets Review

AK Global Markets Review:

AK Global Markets or AKGM is a CFDs and Forex broker who uses same old tricks. These tricks are what AKGlobalMarkets uses to get people to sign up. Some of these tricks are straight from the fraudster’s manual book. Other tricks are well hidden for the naked eye to see. Why not read this entire review and find out the tricks used. All of the tricks will be exposed so that you never become a victim such as Manuel.

Scammers know for a fact that people have the need to make that extra buck. What these cunning fraudsters do is come up with a claim of making this happen. Yes, they will promise to move mountains just to claim to help you make money. This is one of the many tricks we have noticed with swindlers. Empty promises are what makes people sign up with fake brokers such as AK Global Markets.

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Who Owns AK Global Markets?

According to the disclaimer at the footer of the homepage, AK Global Advising LTD owns this platform. What we immediately noticed with this broker is that they have no known links. Forex trading community experts and newbies don’t have a clue on who owns this firm. This makes AKGM a dangerous platform to sign up with. Level of anonymity here is too great to warrant anyone to sign up.

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What’s even scarier is the fact that they have used a random number to claim registration. At the bottom of the page one can easily see a random number. This number is the supposed registry number associated with London Stock Exchange. Folks, this is just a number meant to try and legitimize this platform. Later, we will expose why we this number is nothing but a hoax. Read on to find the whole truth regarding AKGLOBALMARKETS.

Is AK Global Markets Licensed or Regulated?

AK Global Markets Scam

For a fact, we know that AKGM is not licensed or regulated anywhere on the face of the planet. This broker has never seen the inside of a registration institution. Number they claim at the footer is a mere hoax. 213800WW5L3Z5CPG7H02 is a random number. London Stock Exchange does not use such characters to register brokers. And now you know that AK Global Markets is using fake credentials.

Another disturbing detail we learnt with AKGM is that they don’t post any registry details. A real and legitimate broker would have posted their registration details on their homepage. This means that they don’t have authorization to conduct any third-party Forex transactions. Best thing to do is to stay away from AK Global Markets as best as possible.

Fake Demo Account.

AK Global Markets has a dirty trick on their sleeve that they don’t want you to know. What these scammers have done is rig the demo account in your favor. Wait, don’t think that this is a good thing, let’s us explain further. What they have done is ensure that over 90% of trades are successful with the demo account. They do this in the hope that members will trust they results and open a Real account.

And this is where the cookie starts to crumble as the Real account is different from the demo account. A real account warrants you deposit your money and the results are far from exceptional. What we actually believe is that this broker is collaborating with other rogue brokers. They are giving false market information to members so that they can share the spoils. This practice must stop.

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Types of Accounts.

AK Global Markets offers users three different trading accounts. These accounts are Standard, Premium, Pro and Private account. What we found odd with these accounts is that there’s no actual information. This is why we are against the use and signing up of AKGM. There’s no professionalism with their services.

Are Funds Safe with AK Global Markets?

Since we know that they have a rigged account, don’t expect funds to be safe with this broker. Furthermore, we have evidence that we are dealing with an unscrupulous broker. Who knows how long this scam will last? Anyone knows where the deposited money is going to? Sadly, we believe that members are depositing money straight to the owner’s personal bank account. There’s no way of proving otherwise.

This broker certainly flaunts set rules and regulations. This means that segregation of accounts is alien to them. What’s even scarier is that they don’t participate in a compensatory scheme. This means that your funds are not safe from theft or insolvency. Members will never get the required compensation once the broker goes down. And now you know better than to sign up with AKGlobalMarkets.

Fake 24/5 Support Claims.

AK Global Markets Fake Review

Folks, this is visible even to the naked eye. Where’s their live chat support team? There’s none because these fraudsters don’t want to be contacted. And this is evidence that we are dealing with a rogue broker who will steal money. A legit broker would have a live chat support team to try and help members. This broker is doing the opposite and we believe it’s because they are planning to go under.

Fake Platform.

This broker claims to have a unique platform that can be used by any user. Sadly, we tried downloading this platform and download stalled at 23%. What this means is that we are dealing with an unstable platform. Unstable platforms are bad for business since they are prone to cyber-attacks. Hackers find these platforms a haven for data theft as well as credit card theft. And this is why no one is safe with AK Global Markets.

Depositing and Withdrawing.

A visible claim is that users can deposit money using PayPal, Visa, and MasterCard. Folks, a statement from PayPal shows they decline offering services to Forex entities. This is clear proof that this broker will use any means to get you to sign up. Stay clear from this broker unless you want your funds gone.

Is AK Global Markets a Scam?

Evidence clearly shows that we are dealing with a scam brokerage firm. Level of anonymity and unprofessionalism is too big to ignore. Best thing to do is ignore all calls to sign up with AKGlobalMarkets. Mark all their emails as Spam and never click on any links sent by their email marketing team.

AK Global Markets Final Verdict.

AK Global Markets Scam Review

Option left for us to do is blacklist this broker as a scam that should be avoided. Sign up with a broker that has been given the thumbs up by the trading community. This will ensure that your trading experience is comfortable and easy.

Always go for Dependable and Honest Forex Trading Brokers for Safety and Security. Affordable and Authentic Forex Brokers are key to be successful in Forex trading. Don’t lose this chance of making it with Forex trading by getting the best Forex Brokers. Go for Experts and Professionals all the time who guarantee success.

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One Reply to “AK Global Markets Review: Akglobalmarkets.com Busted Forex Broker Scam”

  1. Having viewed with distrust reports online of celebrities making fortunes from automatic trading in bitcoins (Gordon Ramsay!), like most unemployed OAPs with Parkinson’s disease I was very attracted to making lots of money. I was also rather bored so when a good friend forwarded a clip from ITV about Gordon Ramsay and his stable of Ferraries which invited me to click a link and sign up to bitcoin trading,
    I paid my £200 and joined up.I was almost immediately telephoned by Adrian from A K Global Markets who was very keen that I should join his managed fund with an initial “investment” of at least £5,000 and preferably £10,000. I explained that havaing jusy bought a house in London as an investment(true!) I was short of funds and that all I wanted was to join an automated bitcoin account. If that were to be as successful as he promised then I would have the required funds in a maatter of months which I would be quite happy to invest in his personally managed account. This was not what Adrian wanted to hear but he managed to contain his disappointment and as a gesture of goodwill he offered to manage my $250 (£200) personally as if it were part of his managed fund. I agreed and immediately my money began to grow and in a few days he had turned my $200 into c$350! Amazing, who would have thought it!Having read reviews of how AK Global operated and having come across several stories of AK Global refusing to allow any withdrawal of less that £3,000 I was worried about being able to withdraw any of my profits. I explained this to Adrian who, although contemptuous of my misgivings agreed that I should make a test withdrawl of £100. This happened within 24 hours although he only transfered $100 and not £100 as I had requested; an easy mistake to make!

    Adrian then went quiet for a bit and then rang to say that he had had to withdraw my initial deposit from the fund because following my withdrawal of $100 my initial investment had fallen to below the AK Global minimum investment of $200. This coupled to his egregious tactic of treating me as a favoured client who was on the point of becoming his close personal friend one minute, before switching to a petulant bully whom I had offended by not giving him £10,000 had meant that our relationship was beginning to suffer somewhat he stopped calling me. Surprisingly my $350 on the Veta Trader platform where I could keeep an eye on how it was faring immediately lost some of its value and now stood at c$240. Although this did not reflect the minimum monthly profit of 5-8% that Adrian had a**ured me was the minimum that I could expect, I was still in profit and he was no longer ringing me up which was a bonus!
    Then a few days later I got a cheery email from Nick, also from AK Global, telling me that he had taken over my account and had done a bit of trading on my account which as a result had grown by c$100. The moment however that it became apparent that I was not going to sell my house and give him all the proceeds of the sale, our relationship never really got going. We drifted apart and my $250 gradually was reduced and now stands at $23.35. Looking back of course it was f***ish of me to go near these crooks. However I only lost $100 and it was good fun while it lasted. What should I do with the $23.35? Had they left me with a larger sum I would have suggested that they got together and bought themselves some more friends as it is they will have to settle on a drink. CHEERS GUYS !

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