As a result of numerous investor complaints and regulatory issues, Aron Groups has been put on the radar. They claim to be registered with the Marshall Islands Registry (IRI), but that is not true regulation. The IRI cannot register or regulate forex or investment activities. They also proclaimed to be registered in Cyprus but when we inspected with the Cyprus Securities and Exchange Commission (CySEC), we were unable to verify it.
Website: https://arongroups.co/
Website Availability: Yes
Owned By: Aron Groups
Blacklisted by: Not recommended by the review website like Fraud Recovery Experts
Domain Age:
Name-arongroups.co
Registry Domain ID-REDACTED FOR PRIVACY
Registered On-2020-07-15T06:52:23Z
Expires On-2025-07-15T06:52:23Z
Updated On-2024-07-25T08:41:27Z
We have seen several users have serious issues when attempting to withdraw their profits. We have seen clients make trades, withdraw profits successfully, try to pull those profits, and see their profits disappear. Those clients were left with standard language justified as reasons for their inability to withdraw. Some have faced huge amount of fees, in some cases, approximately 90% of their balance, for reasons that made no sense and were not written in clear language.
The evidence appears to show a continued pattern of Aron Groups allegedly stopping or denying profits while trading and therefore, stopping traders from accessing their services. These situations are significant red flags that might mean that there is fraud simply described as a legitimate service. Investors remain unprotected and with few options to settle disputes without the existence of legislators with authority overseeing their conduct in business.
Top Warning Signs:
- There’s no valid regulatory supervision
- There’s an inaccurate claim of being registered in Cyprus
- Withdrawal cancellations are arbitrary
- Penalties on trader balances are unreasonable and unjustified
FAQs:
Q1: Is Aron Group a regulated broker?
No. Aron Group is not regulated by any credible financial regulator.
Q2: Do traders have no problem withdrawing profits?
Many user reviews say that profit withdrawals have been canceled or blocked for no valid reason.
Q3: What do investors need to be aware of when using Aron Groups?
Investors need to understand that the broker is unregulated, and there are multiple complaints about withdrawal issues and poor treatment of profitable accounts.
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