Artha Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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I am from Mexico. One friend told me to invest in foreign exchange because the situation beome difficult. So I deposited $646 in this platform and then they told me that they will send me a access data, but there is nothing. They left me with nothing to do.
In the ever-evolving landscape of forex trading, Artha presents itself as a controversial entity. With a significant number of reviews highlighting its unregulated status and user complaints about withdrawal difficulties, potential investors should approach with caution. This review will delve into the critical features and findings regarding Artha, providing a balanced overview of its offerings and the associated risks.
Note: It is essential to recognize that Artha operates under different entities across various regions, which may affect user experiences. This review aims for fairness and accuracy by synthesizing information from multiple sources.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 3 |
| Tools and Resources | 4 |
| Customer Service and Support | 2 |
| Trading Experience | 3 |
| Trustworthiness | 2 |
| User Experience | 3 |
We score brokers based on user feedback, expert opinions, and factual data obtained from various reviews.
Founded in 2021, Artha operates under the name Artha Vrddhi Securities Limited and is based in India. It primarily offers forex trading services but is notably unregulated, raising concerns about its legitimacy and the safety of client funds. The trading platform appears to be limited, lacking well-known software like MT4 or MT5, and users report difficulties in accessing its services due to website inaccessibility. Artha claims to offer a variety of trading instruments, including forex, commodities, and equities, but there is little evidence to support the quality of these offerings.
Artha operates without valid regulatory oversight, which is a significant red flag for potential investors. According to multiple sources, including WikiFX, the broker is unregulated, meaning there are no governing bodies to ensure compliance with industry standards (source). This lack of regulation is particularly concerning for traders looking for security in their investments.
While specific details about supported currencies are limited, it is inferred that Artha primarily deals in Indian Rupees (INR). There are also indications that the broker does not support cryptocurrency transactions, which is a growing trend among many trading platforms today.
The minimum deposit required to open an account with Artha is reported to be around INR 10,000 (source). This relatively low entry point may attract novice traders, but the associated risks should not be overlooked.
Information regarding bonuses or promotions offered by Artha is scarce. Many users have noted that the absence of attractive promotional offers may reflect the broker's focus on basic trading services rather than enhancing user engagement.
Artha claims to provide access to various asset classes, including forex, commodities, and equities. However, the lack of a well-defined trading platform and the absence of advanced tools may hinder the trading experience for users (source).
Details regarding spreads and fees are not readily available, with many users reporting hidden charges that were not disclosed during the account opening process. This lack of transparency is a common complaint among traders dealing with unregulated brokers, as highlighted in multiple reviews (source).
Information on leverage offered by Artha is not explicitly mentioned in the available reviews. This lack of clarity can be a deterrent for traders who rely on leverage to enhance their trading strategies.
Artha does not appear to support widely used trading platforms like MT4 or MT5, which limits the trading experience significantly for users accustomed to advanced trading tools (source). The absence of a robust trading platform may deter experienced traders from engaging with this broker.
Artha operates primarily within India, and there is no clear indication of its ability to support international clients. This regional limitation may restrict access for potential traders looking to engage in global forex markets.
Customer service appears to be primarily available in English and Hindi, which may limit accessibility for non-Hindi speakers. Users have reported difficulties in reaching customer support, with many citing unresponsive service as a significant drawback (source).
In summary, the Artha review reveals a broker that operates without regulatory oversight, raising serious concerns about the safety and security of client funds. With numerous complaints about withdrawal difficulties and an overall lack of transparency, potential investors should exercise extreme caution when considering this broker. The absence of a robust trading platform and limited customer support further compounds the risks associated with trading through Artha. It is advisable for traders to seek out well-regulated brokers that offer transparent services and comprehensive support to safeguard their investments.
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