Augur Code Review: 6 Reasons to avoid

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Augur Code Review: 6 Reasons to avoid

Our review will reveal why Augur Code is a scam trading app. Those who have signed up and subscribed have difficulty trying to withdraw funds. The app is also why most members lose private data on their devices.

What most users don’t know is that Augur Code is malware. The app is a reliable trading app, but that’s far from the truth. We have valid evidence pointing to a hidden agenda. Here’s our clear AUGUR CODE REVIEW.

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A Brief Introduction of Augur Code (why is a scam)

The trading app doesn’t even have the guts to create a unique trading platform. In the about us section, the history tells us the actual name of the platform. It’s another clone whose original name was Crypto genius trading platform.

Those who signed up with the first platform didn’t even earn a penny. The same goes for the current crop of members. Instead, you get a trading platform that blocks withdrawals and demands a new deposit bonus now and then.

We have to expose the many red flags found on the platform. Regulators, too, have started investigating the app. But unfortunately, the people behind it remain at large, pointing to a platform without accountability and transparency.

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Accessible trading platform. What platform is available?

Augur Code uses a custom-built trading platform, a trading app with every imaginable feature. Unfortunately, the unstable aspect of its trading terminal makes the platform a sell-out. Members are risking a lot trading with such a platform.

There are no advanced tools for grabs, such as analytical tools for charting. The app is also not compatible with several devices. Most term it malware due to the coding. The app accesses personal information and relays it to third parties.

Accounts Augur Code

After downloading the app, members get one account type for all trading. There are various trading assets available, including crypto and forex. The platform demands you deposit a high amount to enjoy the full benefits of the app.

Those who mistake sending more funds end up losing a large chunk of their funds. Unfortunately, we have a trading platform not ready to offer much in terms of reliability. You must avoid such apps that don’t add value to your trading experience.

Account highlights

One thing that stands out with these accounts is the lack of proper information. Members sign up not knowing the set value of leverage and spreads. For example, one account shows maximum leverage of 1:500 while another, 1:1000.

There’s also the issue of acceptable spreads. Does the app offer fixed or variable spreads? As a trader, you need to know these features going in. Having surprises will affect the results as variables keep changing.

Broker and App rating Augur Code

This is a lowly and poorly rated trading app. It doesn’t qualify as a trading app one would recommend to fellow traders. Even beginners will have a hard time trying to navigate through the set features.

From what we see, the trading app is 1/10. Most of the other independent review websites agree with us. So you must stay away from the platform or risk losing it all. Here’s why we believe is a huge scam.

Bonuses are too high

Unrealistic bonuses and high-profit margin claims are why we flag down this trading app. The app promises 100 percent returns with 90 percent of its trades. Unfortunately, the algorithm doesn’t have a clear-cut line regarding percentage gains.

To try and lure investors in, the broker claims the app has robots that guarantee success. Unfortunately, no expert or robot can ensure success for all 100 trades. With market volatility, members will lose one or two trades.

Customer support

Contacting support for help with the app is another issue. The people behind it limit communication to written form. You can only email the broker and expect to get a response only if it’s a deposit query.

The app fails to offer direct means of communication. You don’t have access to live chat or a listed phone number. The people behind this app don’t want any communication with would-be victims.

Augur Code License and Regulation status doesn’t comply with trading regulations, and no regulator on earth would agree to do so. Furthermore, we don’t see uploaded documents supporting compliance with trading regulations.

Without these documents, the app is free to introduce any trading conditions. That’s why the app offers leverage way above the industry recommended. Instead, you get an app putting your trading position at risk while demanding a large deposit amount.

Check with regulators and confirm whether a broker gets their license to operate. Check with the regulator in your jurisdiction to confirm the license. The license details on the broker’s website should match those on the regulator’s portal.

Augur Code is a scam

Negative balance protection

Don’t expect the app to offer traders negative balance protection. Again, we have a platform without any sense of accountability. The app will ensure traders incur losses and trade from a negative value amount.

Deposit and withdrawal complaints Augur Code

Funding your account with the platform is fast as the app offers several depository channels. These include bank and wire transfers. In addition, you also get a platform offering members a chance to use crypto options.

Withdrawing funds from AugurCode remains the biggest challenge facing members. But unfortunately, no member has had the chance to withdraw funds for the past few weeks. And that’s the reason we have to expose the app.

User Experience

Your experience with the app will be one to forget. First, the broker ensures the trading app is riddled with bugs. And that creates an unstable platform that is slow at executing trades. That’s why we have to expose the broker’s user interface.

The app also does sometimes buffer despite the user having a strong network. We see some of the assets missing as members have to constantly re-load the app. Opening the app on some days is also a problem.

Fund safety Augur Code

Safety of funds is not a guarantee with this trading platform. The broker fails to offer DDoS protection and SSL encryption on the software. You also get a liquidity provider failing to safeguard the interest of members.

There’s no segregation of accounts as the broker also fails to offer insurance cover. Once members deposit funds, none of them should expect any compensation. The broker is taking investors and traders for a ride.

Trading conditions set by the broker

We have a broker hell-bent on offering harsh trading conditions. These include high leverage and unknown variables. Please stay away from the platform or risk losing it all. Instead, you have a broker willing to put traders on the chopping board.

How the Augur Code scam works

After downloading the app, hidden codes start getting data from your device. These include passwords and other sensitive information. The information is then sold to third parties, including email marketing campaigns.

Members will also require to subscribe to the services. The broker insists on a high deposit value. You should know the acceptable minimum deposit for trading is $250. Any broker asking for more is taking advantage of traders.

Summary of Augur Code

We insist you must stay away from the app.

NOTE: Go for the best investment deals the crypto industry offers.

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