An investor needs to know about a broker before starting to trade with a new broker. If you are planning to trade with Aifmd.xyz, you should read this comprehensive AIFMD review. Scam Help Center Team suspects AIFMD as a fraudulent broker. Read the details here.
Website – https://aifmd.xyz/ and https://aifmd.info/
Website Availability – Yes
Address – NA
Blacklisted Status – Federal Financial Supervisory Authority (Germany) and Comisión Nacional del Mercado de Valores (Spain)
Domain Age Information –
- Domain Name: AIFMD.XYZ
- Registry Domain ID: D432183648-CNIC
- Registrar WHOIS Server: whois.namesilo.com
- Registrar URL: https://www.namesilo.com
- Updated Date: 2024-03-11T16:50:48.0Z
- Creation Date: 2024-02-12T16:20:13.0Z
- Registry Expiry Date: 2025-02-12T23:59:59.0Z
Fraudulent Activities of AIFMD broker
Although AIFMD’s domain name, aifmd.xyz, was just recently registered, the company claims to have been in the market for more than eight years. There are questions regarding the platform’s legitimacy because of this discrepancy between its purported age and the recent registration of its domain name. This disparity provides cause for concern. Moreover, investors find it challenging to confirm the platform’s credibility and authenticity since it withholds information about its operators. The CONSOB started an inquiry and issued a warning to customers regarding AIFMD and its offerings. It’s important to note that AIFMD is unregulated by any authorities. There are no legal safeguards in place to protect the investments, therefore entrusting this site with investor assets is extremely dangerous.
Negative Reviews and Red Flags
A key consideration in assessing the reliability of AIFMD is the frequency of negative AIFMD reviews on various platforms. These reviews frequently attract attention to concerns like withdrawal difficulties, unhelpful customer service, false information, and obvious deceit. Due to the many negative AIFMD reviews, which highlight the risks involved in trading on the platform, prospective investors are advised to proceed with care and look into other, more reliable brokers.
Looking to invest safely? Choose a licensed broker and avoid these fraudulent brokers 2024.
Regulatory Warnings and Their Significance
The most significant indicator of potential deceit is the lack of regulatory supervision, either completely or insufficiently. Regulatory bodies such as the SEC, FCA, FINMA, ASIC, BaFin, FMA, CONSOB, and others issue warnings against unlicensed brokers operating without recognized financial norms. Examine the regulatory warnings to confirm the legitimacy of Aifmd.xyz’s operations and the safety of investor funds.
Having a regulatory license adds another level of safety for traders by guaranteeing that the broker complies with strict guidelines including sufficient capital, transparency, and ethical conduct. It gives investors a safety net in case of disagreements or misconduct, which is lacking when working with unregulated businesses.
Why Is Trading with an Unlicensed/Unregulated Broker’s Platform Not Preferable?
Due to the high risks involved, trading on an unregistered broker’s platform is not recommended.
- Money might not be separated, which would make it more susceptible to loss in the case of the broker’s bankruptcy or financial mismanagement.
- Transparency is sometimes lacking in operations, which leaves traders vulnerable to false information and unstated costs.
- The entire trading experience is undermined by generally worse service quality, poor customer assistance, and antiquated trading systems.
- Selecting a registered broker guarantees compliance with regulations that protect investors and advance a safer and more open trading environment.
Other possible fraudulent activities of AIFMD broker
AIFMD seems not fair to the investors as they complain about the withdrawal issues, unfulfilled bonus policies, and other assured benefits
AIFMD offers assets that are highly risky and result in huge losses of investors.
Aifmd.xyz sales staff continues to call the investors and force them to invest more and more money.
Final Conclusion- Is AIFMD a fraudulent or legit broker?
Based on the regulatory warnings and negative reviews surrounding AIFMD, it appears to lean towards the classification of a potential deceit. It is recommended that investors proceed with utmost caution and consider other brokers that have legitimate regulatory licenses and good standing in the trading community.
Concerned about potential deceit? Protect yourself from fraudulent brokers by getting a free consultation.
Got Scammed by AIFMD? Scam Help Center Is Your Solution for a Refund!
For victims of AIFMD, getting help through platforms like the Scam Help Center is important. If you suspect deceit, filing a chargeback might help you get your funds back. To successfully enhance your case and speed up the recovery procedure, take immediate action and document everything thoroughly.
Find out more about your chargeback rights and available solutions. Contact us for expert guidance.
Visit our Facebook page – Scam Help Center
Twitter – Scam Help Center
