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ADAR Capital Forex broker specializes in providing foreign exchange trading services, the company's official website https://adar.capital..., the company's legitimate regulatory information to enhance the security of the company's address

ADAR Capital Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
Sonorous Group LLC
Abbreviation
ADAR Capital
Company employee
--
Customer Service Email Address
support@adar.capital
Company Website
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Risk Warning Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience. The information presented in this article is intended solely for reference purposes. General Information Feature Information Registered Country/Region Saint Vincent and the Grenadines Regulation unregulated Market Instrument Forex, Indices, Shares, and Commodities Account Type Standard, Premium, and Platinum Demo Account N/A Maximum Leverage 1:500 Spread Vary on the account type Commission N/A Trading Platform WebTrader Minimum Deposit €250 Deposit & Withdrawal Method Bank Cards (MasterCard/Maestro/Visa) and Wire Transfers ADAR Capital is a forex broker registered in Saint Vincent and the Grenadines, providing access to a massive financial market. The broker provides access to over 200 financial markets, including Forex, shares, indices, and commodities. Traders can engage in Forex trading, trading major, minor, and exotic currency pairs. Additionally, ADAR Capital offers the opportunity to trade shares of various companies, participate in indices trading, and engage in commodities trading. ADAR Capital offers three account types: Standard, Premium, and Platinum. Each account type has its own minimum deposit requirement, leverage options, and spreads. However, detailed information about additional features and benefits is lacking. The broker offers leverage options ranging from 1:100 to 1:500. Spreads are set for each account type and start from 0.0 pips, with no commissions charged on trades. Deposits are processed instantly, while withdrawals may take up to 24 hours for processing and reach the client's account within 3-5 business days. ADAR Capital utilizes its proprietary WebTrader as the trading platform, which may limit customization options compared to popular platforms like MT4 or MT5. The company provides customer support services through email and a contact form on its website. It is important to note that there have been complaints from users about difficulties with withdrawals, account access, and sudden disconnections. These issues raise concerns about the company's customer support and reliability. Here is the home page of this brokers official site: Pros and Cons ADAR Capital has both pros and cons to consider. On the positive side, the broker provides a diverse range of market instruments, allowing traders access to over 200 financial markets, including Forex, Shares, Indices, and Commodities. This provides opportunities for diversification and potential profits. However, there are also drawbacks to be aware of. Effective risk management is necessary due to the complexities and volatility associated with trading. Additionally, there may be a lack of detailed information on additional features or benefits, and the minimum deposit requirements for some account types may be high. It is important to carefully evaluate these factors before making any decisions. Pros Cons Provides diversification of portfolios Requires effective risk management Enables exposure to multiple financial markets Different instruments can be volatile Multiple account options for investors Lack of detailed information on additional features or benefits Varied leverage options to suit different needs High minimum deposit requirements for some investors Spreads from 0.0 pips Lack of clarity on the services and support provided No commissions Absence of information on additional trading tools or resources Is ADAR Capital Legit? ADAR Capital is a broker that does not currently possess valid regulation. It is important to note that the absence of proper regulatory oversight may expose investors to potential risks. As such, it is advised to exercise caution when considering any engagement with this broker. Without valid regulatory information, the credibility and security of the services provided by ADAR Capital may be uncertain. It is always prudent to thoroughly research and evaluate the regulatory standing of any financial institution before making any investment decisions. Market Instruments Traders can gain access to 200+ financial markets, including Forex, Indices, Shares, and Commodities. Forex Trading-Major pairs, minor pairs, exotic pairs Shares Trading-Hundreds of shares Indices Trading-Dow Jones Industrial Average (USA), S& P 500 (USA), DAX (Germany), NASDAQ (USA). Commodities Trading- Oil, Metals, and other Commodities Account Types ADAR Capital gives its clients three available trading account options, Standard, Premium, and Platinum. Your initial deposit determines your trading type, for example, €250 will set you into the Standard account. €2,500 is what a Premium trading account requires, and if you want to try the most advanced account, the Platinum account, you need to deposit at least €25,000, a large amount. STANDARD ACCOUNT The Standard Account has a minimum deposit requirement of €250 and offers leverage of up to 1:100. The account has a spread starting from 0.13 pips with zero commissions. PREMIUM ACCOUNT The Premium Account requires a higher minimum deposit of €2,500 and provides leverage of up to 1:300. The account offers a spread starting from 0.12 pips with zero commissions. PLATINUM ACCOUNT The Platinum Account is the highest tier and requires a minimum deposit of €25,000. It offers the highest leverage of up to 1:500. The account comes with a spread starting from 0.0 pips and zero commissions. Pros Cons Provides multiple account options for investors Lack of detailed information on additional features or benefits Varied leverage options to suit different needs Minimum deposit requirements may be high for some investors Spreads from 0.0 pips Lack of clarity on the services and support provided No commissions Absence of information on additional trading tools or resources Leverage ADAR Capital offers leverage options ranging from 1:100 to 1:500. High leverage is particularly beneficial for professional traders and scalpers. However, it's important to note that higher leverage also comes with increased risk, and proper risk management is advised when utilizing leverage. Spreads & Commissions ADAR Capital offers three types of trading accounts: Standard, Premium, and Platinum. They have set spreads for all accounts and do not charge any commissions. The Standard account has spreads starting from 0.13 pips, the Premium account starts from 0.12 pips, and the Platinum account offers spreads starting from 0.0 pips. No commission fees are applied to trades across all account types. Deposit & Withdrawal To get started, clients are required to make a minimum deposit of €250. The accepted methods for deposits and withdrawals include Bank Cards (such as MasterCard, Maestro, and Visa) as well as Wire Transfers. It is important to note that deposit and withdrawal commissions may vary depending on the client's bank. However, ADAR Capital ensures that all deposits are processed instantly, allowing clients to begin trading without delay. On the other hand, withdrawals may take up to 24 hours for processing and typically reach the client's account within 3-5 business days. Pros Cons Instant deposit processing Withdrawals may take up to 24 hours for processing Multiple payment options available Withdrawals may take 3-5 business days to reach Minimum deposit requirement of €250 Trading Platform What ADAR Capital is not the MT4 or MT5 trading platform, a WebTrader instead. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors. Deposit & Withdrawal The minimum deposit to get started is €250, and clients can make deposits and withdrawals through Bank Cards (MasterCard/Maestro/Visa) and Wire Transfers. Deposit and withdrawal commissions depend on the clients bank. All deposits are instant, while withdrawals can be processed in 24 hours, and reach your account in 3-5 business days. Reviews According to reviews on WikiFX, there have been complaints regarding ADAR Capital. Some users have reported difficulties with withdrawal requests, experiencing problems in accessing their accounts and sudden disconnections. For instance, one user mentioned their communication with a financial advisor abruptly ceased in April, leaving them unable to regain their assets. These issues raise concerns about the company's customer support and the ability to resolve such problems. Customer Support Contact this broker 24/5 using the following methods if you have any questions or problems with your trading: Email: support@adar.capital or fill in the “Contact Form” to get in touch. Frequently Asked Questions (FAQs) Q 1: Is ADAR Capital regulated? A 1: No. It has been verified that ADAR Capital currently has no valid regulation. Q 2: Does ADAR Capital offer the industry-standard MT4 & MT5? A 2: No. Instead, it offers a WebTrader. Q 3: What is the minimum deposit for ADAR Capital? A 3: The minimum initial deposit to open an account is €250. Q 4: Is ADAR Capital a good broker for beginners? A 4: No. ADAR Capital is not a good choice for beginners. Not only because of its unregulated condition, but also because of its high initial deposit requirement.

Rating Index

How to login to ADAR Capital?
adar capital Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a adar capital Account Setting up an account with adar capital is the first step toward accessing their trading platform. The registration process is straigh

  

Adar Capital Forex Broker - Complete Information Guide

  

1. Broker Overview

  Adar Capital is a forex broker that was established in 2019. The company is registered in Saint Vincent and the Grenadines, which is known for its lenient regulatory environment regarding financial services. Adar Capital operates as a private entity under the ownership of Sonorous Group LLC. The broker primarily serves a global market, offering its services to traders worldwide.

  Since its inception, Adar Capital has aimed to provide access to a wide range of financial markets, including forex, shares, indices, and commodities. The broker claims to facilitate trading in over 200 financial markets, catering to both retail and institutional clients. However, the company's rapid growth has been marred by numerous warnings from regulatory bodies regarding its legitimacy, raising concerns about its operational practices.

  Adar Capitals business model focuses on retail forex trading, allowing clients to engage in trading major, minor, and exotic currency pairs. Despite its claims of extensive market access, the lack of regulation and transparency surrounding the broker's operations has led to skepticism about its reliability and integrity.

  

2. Regulation and Compliance Information

  Adar Capital is notable for its lack of regulation. It is not overseen by any tier 1, tier 2, or tier 3 regulatory authorities, which raises significant concerns regarding the safety of client funds. The primary regulatory bodies that oversee brokers include:

  • Financial Conduct Authority (FCA) - United Kingdom
  • Cyprus Securities and Exchange Commission (CySEC) - Cyprus
  • Australian Securities and Investments Commission (ASIC) - Australia

  Adar Capital does not possess any regulatory license number, and it operates without any oversight from these authorities. The absence of a regulatory framework means that client funds are not protected under any investor compensation schemes, and there are no guarantees for the safety of deposits.

  Moreover, the broker does not have a clear policy on client fund segregation, which is crucial for ensuring that client funds are kept separate from the broker's operational funds. The lack of Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures further exacerbates the risks associated with trading with Adar Capital, as there are no safeguards against fraudulent activities.

  

3. Trading Products and Services

  Adar Capital offers a variety of trading products, primarily focusing on forex trading. The broker provides access to a range of currency pairs, including major, minor, and exotic pairs. While the exact number of available forex pairs is not specified, traders can expect to find popular pairs such as:

  • EUR/USD
  • GBP/USD
  • USD/JPY

  In addition to forex trading, Adar Capital claims to offer Contract for Difference (CFD) products across several asset classes, including:

  • Indices: Major global indices like NASDAQ and S&P 500
  • Commodities: Precious metals like gold and silver, as well as energy products like crude oil
  • Shares: Stocks from well-known companies such as Apple, Amazon, and Google
  • Cryptocurrency: Currently, Adar Capital does not support trading in cryptocurrencies.

  The frequency of product updates and the introduction of new trading instruments is not publicly disclosed, leaving traders uncertain about the broker's commitment to expanding its offerings. The focus remains heavily on retail trading services, with no clear indication of institutional client services or white-label solutions.

  

4. Trading Platforms and Technology

  Adar Capital utilizes a web-based trading platform that lacks the advanced features found in industry-standard platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The absence of support for these popular platforms is a significant drawback for traders seeking robust trading tools and automated trading capabilities.

  The broker's proprietary web trader is described as basic, providing only fundamental functionalities without advanced technical analysis tools or automated trading options. There is no mobile application available for iOS or Android devices, which limits traders' ability to manage their accounts on the go.

  Adar Capital's execution model is not clearly defined, and there is no information regarding the server locations or technical infrastructure that supports its trading operations. The lack of transparency regarding these aspects raises concerns about the reliability and efficiency of trade execution.

  

5. Account Types and Trading Conditions

  Adar Capital offers three types of trading accounts, each with varying minimum deposit requirements and trading conditions:

  • Standard Account: Minimum deposit of €250, with spreads starting from 3 pips.
  • Premium Account: Minimum deposit of €2,500, offering potentially lower spreads.
  • Platinum Account: Minimum deposit of €25,000, with the best trading conditions available.

  The leverage offered by Adar Capital can go up to 1:500, which is significantly higher than the regulatory cap established by the European Securities and Markets Authority (ESMA) of 1:30 for retail clients. This high leverage can pose substantial risks to traders, especially those who may not fully understand the implications of leveraged trading.

  Adar Capital does not provide a demo account for potential clients to test the trading platform, which is a common practice among reputable brokers. Additionally, the broker's overnight fees and commission structures are not transparently disclosed, leaving traders to speculate on potential costs.

  

6. Fund Management

  Adar Capital supports a limited range of deposit methods, including:

  • Bank Transfers
  • Credit/Debit Cards

  The minimum deposit requirement varies by account type, with the standard account requiring a minimum of €250. The processing time for deposits is not explicitly stated, which can lead to uncertainty for new clients.

  The broker does not disclose any deposit fees, but clients should be cautious of potential hidden costs. Withdrawal methods are similarly limited, and clients may face challenges when attempting to withdraw funds. Reports indicate that withdrawal requests can be subject to lengthy processing times and may incur additional fees.

  Adar Capital's withdrawal processing times can take anywhere from 4 to 7 business days, but there are no guarantees that clients will receive their funds. This lack of clarity and potential for delays raises concerns about the broker's reliability in managing client funds.

  

7. Customer Support and Educational Resources

  Adar Capital provides customer support primarily through email, with no indication of additional support channels such as live chat or phone support. The lack of comprehensive customer service options can hinder clients' ability to resolve issues promptly.

  The broker operates without a clearly defined service time or timezone coverage, which may lead to further delays in communication. There is no information available regarding multilingual support, which could limit accessibility for non-English speaking clients.

  In terms of educational resources, Adar Capital appears to offer minimal support. There is no mention of webinars, tutorials, or market analysis services that are commonly provided by more reputable brokers. The absence of trading tools, such as calculators or economic calendars, further diminishes the overall trading experience for clients.

  

8. Regional Coverage and Restrictions

  Adar Capital claims to serve a global market, with a focus on regions such as Europe, the United States, and Australia. However, the broker's operations are not without restrictions. It is important for potential clients to verify whether their country allows trading with unregulated brokers.

  Certain jurisdictions may have specific regulations that prohibit residents from engaging with offshore brokers like Adar Capital. The lack of transparency regarding which countries Adar Capital does not accept clients from raises additional concerns for potential investors.

  In summary, Adar Capital operates as an unregulated forex broker with numerous red flags, including its offshore registration, lack of regulatory oversight, and limited customer support. Potential clients are strongly advised to exercise caution and conduct thorough research before engaging with this broker.

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Latest Reviews

FX1845152292

FX1845152292

Japan

It started in February. Almost every day, I was chatting with the financial adviser, Mr. Sachi Mika. However, on April 21, I suddenly couldn't get in touch with my friend's image. My account is alive on the web. Because I want to regain the asset somehow, can you tell the way to the customer window and the person who is connected now?

Exposure

2023-04-27

追风少年

追风少年

Malaysia

My experience is okay. ADAR Capital is a platform that I find very useful and easy to use. The site has all the information you need and also the customer service is there.

37130

2023-02-22

FX1186285587

FX1186285587

Argentina

ADAR Capital does not provide services in Spanish, does not have a regulatory license, and was established less than a year ago. I can't think of any reason why I should trade with him.

Positive

2022-12-16

ADAR Capital Forex Broker has an overall rating of 1.40, Regulatory Index 0.00, License Index 0.00, Business Index 6.16, Software Index 4.00 Risk Control Index 0.00.
ADAR Capital