Introduction
When it comes to online trading, selecting a reliable and trustworthy broker is the most important. AHFULTRA, presenting itself as a trading platform, has caught us attention.
In this comprehensive review, we will delve into the various aspects of AHF Ultra, scrutinizing its claims, practices, and legitimacy to provide potential traders with an unbiased and informative perspective.
AHFULTRA Details
AHF Ultra operates as an online trading brokerage under the ownership of AHFULTRA Trader, and it purports to have its location at 20-22 Wenlock Road, London, England, N1 7GU.
To get in touch with AHF Ultra, you can reach their support team by dialing +442045863157 or by sending an email to support@ahfultra.co.
You can explore more about them by visiting their official website at ahfultra.co.
It is crucial to approach with caution and undertake thorough research prior to initiating any dealings with online trading platforms, AHF Ultra included.
To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: RoboxFX and Traderprofx.
Investigating AHFULTRA’s Claims
Regulatory Status
AHFULTRA claims affiliation with Alchemy Markets Limited, asserting that it is “authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).”
To validate this claim, a thorough check of the CySEC register was conducted. The findings were stark; Alchemy Markets Limited is not regulated by CySEC.
Instead, it falls under the jurisdiction of The Malta Financial Services Authority (MFSA). Furthermore, the license number provided by AHFULTRA, 431/88, does not exist in the CySEC register.
This discrepancy raises serious concerns about AHFULTRA’s authenticity and its potential identity theft, using information from a legal entity to deceive customers into believing they are a legitimate operation.
Further investigation into the MFSA register confirmed that Alchemy Markets Limited is indeed a registered entity, but with nsfx.com as its associated domain, not ahfultra.co.
This finding solidifies the suspicion that AHFULTRA is a scam website, cloning the name of a legitimate company to appear credible.
Adding another layer of complexity to the evaluation of AHFULTRA is its claim of being located in the United Kingdom. This assertion, upon closer examination, raises eyebrows and warrants skepticism.
For a trading platform to legally offer forex services within the UK, it is imperative to hold a valid license from the Financial Conduct Authority (FCA).
AHFULTRA, however, does not appear on the FCA’s register, casting doubt on its purported UK presence. Furthermore, the address provided by AHFULTRA is generic and has been associated with numerous other forex scam websites, a common tactic employed to feign legitimacy and deceive potential traders.
This pattern of behavior is a red flag, indicative of a lack of transparency and potentially malicious intent, urging traders to proceed with utmost caution and conduct thorough due diligence.
Additional Operational Claims
AHFULTRA also claims to be operated by Market Securities S.A., regulated by BAFIN. However, a check of the BAFIN register provided no clarity as the domain names linked to companies are not disclosed.
Warning from Regulatory Authorities
The Financial Services Authority (FSA) of Seychelles has issued a warning against AHF Ultra, stating that “the website is not linked to any entity licensed or regulated by the FSA in any capacity.”
This warning serves as a clear red flag, advising potential traders to steer clear of AHFULTRA.
The Importance of Trading with a Regulated Broker
Engaging with a regulated broker ensures that traders are protected by a framework of rules and regulations designed to maintain transparency, integrity, and security.
Regulated brokers are required to keep client funds in segregated accounts, provide clear and truthful information, and operate with a level of professionalism that safeguards the interests of their clients.
On the other hand, trading with an unregulated broker like AHFULTRA exposes traders to numerous risks including the potential loss of funds, fraudulent practices, and a lack of recourse in the event of disputes.
The importance of choosing a regulated broker cannot be overstated, as it is a critical factor in ensuring a safe and secure trading environment.
Trading Options and Account Types on AHFULTRA
Available Assets
AHFULTRA offers a variety of assets for trading, including:
- Forex
- Commodities
- Indices
- Stock
- Cryptocurrencies
Account Types
There are five types of accounts available on AHFULTRA:
- Standard: Minimum deposit $5,000 with a leverage up to 1:100
- Premium: Minimum deposit $25,000 with a leverage up to 1:200
- Gold: Minimum deposit $100,000 with a leverage up to 1:400
- Expert: Minimum deposit $250,000 with a leverage up to 1:400
- Platinum: No information is provided on the minimum deposit, with a leverage up to 1:600
Conclusion
In light of the extensive investigation and the red flags identified, AHFULTRA raises serious concerns regarding its legitimacy and operational integrity.
The discrepancies in its regulatory claims, the warning from the FSA of Seychelles, and the lack of transparency in its operations make it a risky choice for traders.
Potential traders are strongly advised to exercise caution, conduct thorough research, and consider regulated alternatives to ensure a safe and secure trading experience.
Got Scammed by AHF Ultra?
If you have lost money with AHF Ultra, stay calm. It has likely happened to many others, and it its important to learn from these experiences. Do not forget that even the most cautious investors can fall victim to online fraud.
The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – can help you.
5 Simple Steps To Get A Chargeback From AHF Ultra
Follow our straightforward guide to efficiently reclaim your lost funds from AHF Ultra with minimal hassle.
- Complete the Form: Begin by completing the form above, providing necessary details about your case. This allows the team to understand your situation with AHF Ultra and prepare for the consultation.
- Get A Free Consultation: Schedule a free consultation with MyChargeBack team of experts. During this consultation, they will assess your case and offer guidance on the best course of action to recover your lost funds from AHF Ultra.
- In-Depth Case Analysis: As you proceed with MyChargeBack, their expert team conducts an in-depth analysis of your case, identifying the optimal chargeback strategy for fund recovery based on your unique circumstances.
- Recovery Process: Their team of specialists scrutinizes your case, collects evidence, and negotiates with the involved parties to expedite the recovery of your funds. MyChargeBack team will consistently communicate with you and your bank or card issuer during the chargeback process.
- Fee Payment: Upon successful recovery of your funds lost to AHF Ultra, MyChargeBack charges a fee as a percentage of the reclaimed amount. If fund recovery is unsuccessful, no fees apply, except in exceptionally complex cases.
Through these five straightforward steps, MyChargeBack simplifies the fund recovery process, enabling you to reclaim your money from AHF Ultra with minimal inconvenience.
FAQs
Is AHFULTRA a regulated broker?
No, AHFULTRA’s claims of regulation are misleading, and it is not a regulated broker.
What regulatory warnings have been issued against AHFULTRA?
The Financial Services Authority (FSA) of Seychelles has issued a warning against AHFULTRA.
What assets can be traded on AHFULTRA?
AHFULTRA offers trading in Forex, Commodities, Indices, Stock, and Cryptocurrencies.
How many account types does AHFULTRA offer?
AHFULTRA offers five types of trading accounts.
What are the risks of trading with an unregulated broker?
Trading with an unregulated broker exposes traders to risks such as loss of funds, fraudulent practices, and a lack of legal recourse in case of disputes.
Melvin Anthony lay says:
I have been scammed by AHF Ultra agents name mark hunt constant calls harassment they don’t know I’m contacting you can you please help me please
Blaine WADE Menduk says:
DO NOT DEAL WITH THESE FUKKERS