Alive Markets (Alivemarkets.com) is a cruel Forex scam platform ripping off unsuspecting online investors. AliveMarkets is claiming to be based in Buffalo, New York which is a lie. Our investigation reveals ALIVE MARKETS is an offshore broker operating anonymously. After receiving complaints from members who lost funds, we decided to put an end to their suffering. Read this detailed and hones Alive Markets review and find out the whole truth.
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Hundreds of complaints were floating in our mail for a whole week and this pushed us to investigate. And this is why we decided to investigate AliveMarkets for the scam brokerage service they offer. This broker is nothing but a scam artist who is lining their pockets with other people’s funds. Get to know their dirty tricks by reading this entire review.
Scam artists have been known to target unsuspecting online investors by offering insane claims. Alive Markets is no different as they claim to offer a wide array of brokerage services. This includes safety of funds, easy deposit and withdrawal methods among others. This is why we must expose the entire site for the dirty tricks they are using. Read and get to know some of the tricks professional scam artists use to steal funds. AliveMarkets is using the same bag of tricks.
In order to make sure they get their fill, these scam artists have created a compelling website to lure users. They do this by employing hundreds of believable images and sales logos. These claims of offering flexible leverage and super fast execution are all lies. What about the claim of free education and extremely low spreads? And this is not the end of their scam tricks.
Who is the actual person running this platform? There’s no information given as to the actual founders of this platform. And this is what makes Alive Markets a total scam. This is why nobody should sign up with anonymous brokers. They can easily take money from members and close shop without warning.
If this broker is located in Buffalo, New York, they must be registered by the NFA right? This means we are dealing with a rotten broker who is operating under false pretense. An unauthorized broker is a dangerous partner as they handle funds without regulation. What happens when the broker decided to close shop without issuing any warning? This broker is handling funds illegally.
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If Alive Markets is indeed licensed, why have they failed to post their credentials? A real broker would easily post copies of their registration certificates for all to see. This ensures users have trust with the broker and they can confirm registration details. Lack of these vital details is proof we are dealing with a rogue broker who is about to close shop. Stay away from AliveMarkets.
These scammers have moved a step further and rigged their own demo account. Scammers have made sure users get over 98% successful win trades. Scammers use a rigged demo account to entice users to sign up.
And this is where users begin to think they can make money with a real account. Opening an account with Alive Markets is surely a death wish. Once this broker gets your funds, they will block all communication. Make sure to check the winning margins of demo accounts. If a demo account is making insane profit margins, it’s probably rigged. Now you know better than to sign up with this fake broker.
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Five different account types are what Alive Markets is offering to users. These account types include Micro, Mini, Prime, Luxury, and Islamic account. What we noticed off with these accounts is how similar they are to each other. When it comes to leverage, they all have the same leverage of 1:500. They have no commissions and minimum deposit is questionable to say the least.
What is the reason behind these accounts? Scammers have to make sure they target all types of investors. They target investors who are professionals as well as novice traders. This type of scam is led by professionals and traders should be careful. Make sure to stay away from any of their accounts if you want to keep your money. Alive Markets is a shady platform which must be exposed.
When it comes to how this broker handles funds, they fail to let users know. Where do they bank money deposited by members? Could it be possible users are depositing funds straight to owner’s personal account? This broker is shrewd in how they conduct their business as their contract agreement hides this detail. Make sure to stay away from this broker and any broker who shares the same characteristics. How about segregation of accounts?
Segregation of accounts is next to impossible as this broker flaunts this rule. Alive Markets is pooling funds in one account which is a dangerous activity. Another disturbing detail with this platform is lack of insurance. This broker fails to insure deposits form traders which mean members should not expect any compensation. Stay away from such brokers who break set rules.
Alive Markets is a scam which must be exposed at all costs. Why would a broker fail to issue their licensing details? Evidence produced clearly reveals we are dealing with a rogue broker who will lose funds at any given time. From being anonymous to rigging their own demo account, this is definitely a scam. Make sure to warn your friends and family from signing up with this broker. This is one way of making sure to stay safe from this anonymous broker.
In order to fully protect our readers, we have to add this platform to our scam blacklist. Mark their emails as Spam and don’t click on any links sent by this broker.
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