Antforex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website --, about the company's legal and temporary regulatory information, the company's address .
ANTForex, officially known as ANT Forex Capital, is a forex broker that has been operational for an estimated 5 to 10 years. The company is headquartered in China, where it primarily serves clients from the Chinese market. ANTForex operates as a private entity, catering mainly to retail forex traders, although it may also extend its services to institutional clients.
The broker offers a variety of trading services, including forex trading and other financial instruments. However, detailed information about its development history and significant milestones is limited, as the broker lacks a robust online presence. The business model of ANTForex primarily focuses on retail forex trading, where clients can trade various currency pairs, indices, CFDs, and commodities.
The broker claims to provide services through mobile and web trading platforms, although the specifics of its offerings are not widely available. This lack of transparency raises questions about the broker's operational practices and its commitment to customer service.
ANTForex operates in a regulatory environment that is concerning for potential clients. The broker is unregulated, which means it does not fall under the oversight of any recognized financial authority. According to various sources, including WikiFX, ANTForex has received a low regulatory score of 1.51 out of 10, indicating significant risks for traders.
The absence of valid regulatory information raises alarms regarding the safety of client funds. ANTForex does not appear to participate in any investor compensation schemes, which further complicates the risk landscape for potential investors.
Additionally, the broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) policies is not well-documented, which is a standard requirement for reputable brokers. This lack of regulatory oversight and compliance puts clients' investments at considerable risk.
ANTForex claims to offer a range of trading products, primarily focusing on forex trading. However, specific details about the number of currency pairs available for trading are sparse. The broker's offerings reportedly include:
The frequency of product updates and the introduction of new trading instruments remain unclear. While ANTForex markets itself as a comprehensive forex broker, the lack of detailed information raises concerns about the breadth and depth of its trading services.
ANTForex claims to support the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are popular among forex traders for their advanced features and reliability. The broker also mentions offering a web-based trading platform and mobile applications for both iOS and Android devices, enabling traders to access their accounts and execute trades on the go.
The execution model employed by ANTForex is categorized as a market maker model, which may pose risks for traders who prefer direct market access and transparency. The broker's technical infrastructure, including server locations and overall technology stack, is not disclosed, which could affect the speed and reliability of trade execution.
Moreover, there is no mention of support for API integration or automated trading solutions, which are essential features for algorithmic traders.
ANTForex offers several account types, though specific details regarding their conditions are limited. Key aspects include:
Leverage ratios are also not disclosed, which is a critical factor for traders looking to maximize their exposure. Additionally, the minimum trade size and overnight fee policies remain unclear.
ANTForex provides limited information regarding its fund management practices. The broker supports various deposit methods, including:
However, the minimum deposit requirements for different account types are not specified. The processing time for deposits is also not disclosed, which could affect traders' ability to start trading promptly.
Withdrawal methods and restrictions are similarly vague, with reports indicating that clients have faced difficulties in withdrawing their funds. The processing time for withdrawals and any associated fees are not mentioned, raising concerns about the broker's reliability in fund management.
ANTForex offers customer support primarily through a telephone line (057158239809). However, there are no additional support channels like live chat or email mentioned, which limits accessibility for clients. The service hours and time zone coverage are also unspecified, making it challenging for traders in different regions to seek assistance.
The broker does not appear to provide extensive educational resources, such as webinars, tutorials, or eBooks. Market analysis services, including daily updates or research reports, are also not mentioned, which could hinder novice traders seeking to improve their trading skills.
ANTForex primarily serves clients in China, focusing on the local market. However, information regarding its regional offices and the extent of its operations outside China is lacking. The broker does not specify which countries or regions it does not accept clients from, which is crucial for potential investors to understand.
In summary, while ANTForex markets itself as a forex broker offering a variety of trading services, the lack of transparency regarding its regulatory status, trading conditions, and customer support raises significant concerns. Potential clients should exercise caution and conduct thorough research before engaging with this broker. The absence of a solid regulatory framework and the numerous complaints about withdrawal issues suggest that ANTForex may not be a safe choice for forex trading.
FX1061558239
Hong Kong
Because of the wrong name of the bank card, I had to pay the same amount of deposit to withdraw the funds. But I still can't withdraw after the pament and I had to pay 50% to withdraw the full amount.
Exposure
2021-01-28
眉县路顺汽车租赁公司
Hong Kong
Antforex is a fraud platform
Exposure
2021-01-12
FX1061558239
Hong Kong
I met a netizen on the Momo APP and chatted for a while and said that he wanted to make money with me. Under his narration, he came into contact with Ant Wealth under the foreign exchange (currency trading) branch. At first, he could withdraw funds, but later I rebind it and accidentally filled in the name of the bank card, and said it was frozen, and I had to pay a deposit of the same amount to withdraw funds. I was so awkward that I paid 12650 again. After I paid the deposit, when I withdrew, the smart customer service in Ant Fortune said I can’t withdraw the frozen card anymore. I need to change the card to withdraw. I have to pay a 50% deposit to withdraw the full amount. I feel like I was cheated. Hurry up and call the police, I was cheated of 22850 yuan inside
Exposure
2021-01-29