Acrux Capital Limited Review

Investors Alert Acrux Capital Limited – Regarding falsely claiming association with registered Australian businesses or financial services licensees and their authorized representatives.

Introduction:

Online trading can be a lucrative and exciting way to invest your money, but it also comes with risks. One of the biggest risks is falling victim to a scam broker that will take your money and disappear. In this blog post, we will expose one such scam broker, Acrux Capital Limited, and show you how to spot and avoid similar frauds.

Products and Services:

Acrux Capital Limited claims to offer a variety of online trading products and services, such as forex, CFDs, commodities, indices, stocks, and cryptocurrencies. It also claims to provide advanced trading platforms, educational resources, market analysis, and customer support. However, these claims are all false and designed to lure unsuspecting traders into depositing their funds.

Financial institution & regulatory license:

Acrux Capital Limited pretends to be a legitimate financial institution that is regulated by the Australian Securities and Investments Commission (ASIC). It even displays a fake ASIC license number on its website. However, this is a lie. Acrux Capital Limited is not registered or authorized by ASIC or any other reputable regulator. It is an illegal and unregulated entity that operates outside the law.

Trader’s Reviews and Customer Service:

Acrux Capital Limited has numerous negative reviews and complaints from traders who have been scammed by it. Many traders report that they have been unable to withdraw their money, that their accounts have been manipulated or closed without explanation, and that they have been harassed by aggressive sales agents. Acrux Capital Limited’s customer service is non-existent and unresponsive. It does not care about its clients’ satisfaction or well-being.

How do online trading scams operate:

Online trading scams like Acrux Capital Limited operate similarly. They use fake websites, social media accounts, advertisements, testimonials, and reviews to create a false impression of legitimacy and credibility. They promise high returns, low fees, and risk-free trading. They target inexperienced and vulnerable traders who are looking for easy money. They persuade them to sign up and deposit their funds using various methods, such as credit cards, wire transfers, or cryptocurrencies. Once they have the money, they either disappear or make it impossible for the traders to withdraw their funds. They may also ask for more money or personal information under various pretexts, such as verification, taxes, fees, or bonuses.

How to Safeguard Against Fraudulent Brokers:

To safeguard against fraudulent brokers like Acrux Capital Limited, you need to be vigilant and cautious. Here are some tips to help you avoid online trading scams:

– Do your research before choosing a broker. Check their website, contact details, terms and conditions, privacy policy, and regulatory status. Verify their license number with the relevant authority.

– Read reviews and feedback from other traders. Look for independent and reliable sources of information, such as forums, blogs, or websites that specialize in exposing scams.

– Be wary of unsolicited offers or calls from brokers or agents who pressure you to invest quickly or promise unrealistic returns.

– Never share your personal or financial information with anyone you do not trust or know.

– Use secure payment methods that offer protection and chargeback options in case of fraud.

– Test the broker’s platform and customer service before depositing your money. Ask questions and see how they respond.

– Start with a small amount and withdraw it as soon as possible to test the broker’s reliability and honesty.

– If you suspect that you have been scammed by a broker, report it to the relevant authorities and seek legal advice.

Conclusion:

Acrux Capital Limited is a scam broker that you should avoid at all costs. It is not regulated by ASIC or any other regulator. It does not offer any real products or services. It only wants to take your money and run away. Do not fall for its lies and tricks. Protect yourself from online trading scams by following the tips we have shared in this blog post.