Warning: Is Aurum Brokers a Scam?
Aurum Brokers (aurumbrokers.ltd) has been flagged as a potential scam broker. It lacks regulation from major authorities.
Aurum Brokers (aurumbrokers.ltd) Review
Our analysts advise you to steer clear of Aurum Brokers (aurumbrokers.ltd).
We found that the company name is AURUM BROKERS LTD, and the support email is support@aurumbrokers.ltd.
Aurum Brokers appears to be a investment firm, but it appears currently unregulated by any major financial regulator, like the ASIC or CySEC.
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Regulatory Check: Aurum Brokers
Aurum Brokers operates without supervision.
Investing with unregulated firms is extremely unsafe. Legitimate firms are must be licensed with bodies like the FINRA or FCA to protect investors.
Aurum Brokers lacks this supervision. As a result, there is no safety net if they keep your funds. Most online scams involve unlicensed entities, and recovering money from them is challenging without professional help.
For instance, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In the US, they are not members of SIPC, meaning your capital is at risk.
Common Scam Tactics
Online trading fraud is evolving. Scammers use manipulation to steal your savings. Below are common methods used by brokers like Aurum Brokers (aurumbrokers.ltd).
The "Romance" Trap
The "Romance Scam" is a brutal method where scammers groom victims over months. They build a romance on social media. Once trust is built, they introduce a secret investment. It is a lie to get you onto a scam site .
Rigged Platforms
Scammers build websites that look exactly like legit trading apps. They have charts and balances that increase. But it is a simulation. The scammer manipulates the numbers to make you feel rich to deposit more. If you ask for a payout, the "profits" are gone.
Red Flags
- Cold Calling: They call you from "brokers" out of the blue.
- No License: The firm lacks legal registration.
- High Returns: They promise 1% daily returns with no risk.
- Withdrawal Issues: You cannot get your money out. They ask for "tax fees" before releasing funds.
- Aggressive Sales: "Account managers" push you to deposit more.
Ignore fake reviews. Fraudulent brokers often post their own 5-star reviews to appear real.
Conclusion
Aurum Brokers is unsafe. It is likely a fraud. Protect your money and find a licensed broker. Avoid aurumbrokers.ltd at all costs.
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