Aurum Pro (Aurumpro.co) is another Crypto Currency and Forex scam platform to target unsuspecting online investors. AurumPro is purporting to offer a chance to invest while working with the best brokers. Such empty claims have led most newbie investors to sign up without a second thought. Members who signed up a while back are now crying foul after having their accounts blocked. Read this detailed AURUM PRO Review for more.
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We have been receiving numerous email complaints from members of this platform. Members have been having a problem of accessing their accounts. It seems this broker is targeting investors who make huge deposits. It has come to our attention that users who have more than $1,000 are the target. To understand more about this scam, you need to know tricks used by scam artists. Thanks to our years of investing and trading, we know how to spot a scam from a mile away.
Scam artists will do or say anything to make their platform and products appear legit. With this in mind, you should know there is no way trading with this platform is safe. Profits are never going to materialize with a broker who is out to get your funds. It is best you choose other recommended products to stay safe and earn a decent profit margin. Want to know more? Continue reading this eye-opening Aurum Pro review.
Muller Enterprise Ltd is the company which is named as the owner of this website. Disclaimer at the bottom of the account type page reveals the website is offshore based. Aurum Pro is based in St. Vincent and the Grenadines. What this means is we are dealing with unregulated brokers who are totally anonymous. St. Vincent and the Grenadines is known to be a hub of would be scam artists. It is ideal for scam artists as it allows them to offer trading platforms without any restrictions.
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Anonymity is a huge problem with this platform as we don’t know who actually owns this platform. How is it that these scam artists’ fails to disclose a single name of people who run this website? Who are the founding members of this website? Can we get to know the names of people who handle funds? These are some of the hard questions we need answers to. It is best to stay away from Aurum Pro for a reason. Recovering funds becomes next to impossible.
Disclaimer at the account type page lists 25479 IBC to be their regulation number. We earlier said scam artists will do or say anything to make their platforms appear legit. It is what these scam artists are doing by posting random numbers. It would be easy to match the license number with records of known regulatory bodies.
Why has this platform failed to post copies of their license certificates for all to see? With a copy of their license, it would be easier to match registration details. A true broker will post copies of their certificates and documents to allow for transparency. No regulatory body that we contacted has ever licensed or registered this platform. Regulatory bodies licensed to regulate brokers include ASIC, CONSOB, CySEC, FCA, NFA, and SEC. Without a valid trading license, Aurum Pro is operating under false pretense.
With a broker who is genuine and honest, your chances of winning increase. It is best to choose brokers who are reliable and have a solid online reputation. Affordable and credible brokers are what you need to start making money with trading. Safety is their obligation and having a solid trading partner is the best option.
Aurum Pro is furnishing users with five different account types to choose from. Accounts are listed as Blue, Silver, Gold, Elite, and Islamic. A huge problem with these accounts is the high minimum acceptable deposit. With a platform which is asking for $500 as a minimum deposit, it is highly irregular. What you need to know is the industry set minimum required deposit starts at $250. Any broker asking for more is breaking the set industry rules. Features of these accounts also look similar to each other.
Account funding is easy and fast as your deposit will reflect on the accounts within five minutes. Depository channels include MasterCard, Neteller, Visa, Skrill, among others. What remains to be a challenge with this platform is withdrawing funds. No one has come out with concrete proof of ever withdrawing funds with this platform. It what makes Aurum Pro a real pain in the neck.
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Another huge problem with this platform is lack of a demo account. You would expect the platform to have a demo account and give users a chance to test it. Without a demo account, it means investors are opening real accounts not knowing how the platform works. Is the platform stable? Does it execute trades fast? These are some of the questions a demo account answers. It is best to start with a demo account before committing to a real account. Scam artists know this and take advantage of it.
Another huge problem with this platform is in regards to lacking a chat support. Emails have one huge flaw, they are one-way communication network. Receiver may choose to ignore the email especially if it pertain withdrawal requests. It is best to have a broker who is easily accessible at all times.
How can funds be safe with an anonymous offshore broker who is unlicensed? It is clear funds are not safe thanks to the number of complaints floating regarding this platform. Segregation of accounts is another huge problem with this platform. Aurum Pro is pooling funds in one account which is strictly forbidden. With such blatant rule breaking, bankruptcy can occur at any time. You should not trust a broker who keeps funds in one account. For all we know, members could be depositing funds straight to owner’s bank account.
It is clear with the high number of people coming out with withdrawal problems, trouble is brewing. Aurum Pro is a scam waiting to pounce on any investor who signs up. It is best to stay away from platforms which use random numbers as their license details. A good way is to ignore all promotional material thrown your way by their marketing team. AurumPro is another rotten scam platform with a ridiculous minimum deposit. It is best you stay away from it.
We will be adding this platform to our scam blacklist to ensure our readers are kept safe. Ensure you mark all their emails as spam and never click on any links sent.
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Wishing you all the best in your trading experience.
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