Regarding the legitimacy of ACATIS forex brokers, it provides FCA, CNMV, BaFin and WikiBit, .
Business
License
The regulatory license is the strongest proof.
FCA European Authorized Representative (EEA)
Financial Conduct Authority
Financial Conduct Authority
Current Status:
License Type:
European Authorized Representative (EEA)Licensed Entity:
Effective Date:
2019-03-28Email Address of Licensed Institution:
filbert@acatis.de53748:
No SharingWebsite of Licensed Institution:
--Expiration Time:
2021-12-12Address of Licensed Institution:
Phone Number of Licensed Institution:
+4906997583777Licensed Institution Certified Documents:
CNMV Retail Forex License
Comisión Nacional del Mercado de valores
Comisión Nacional del Mercado de valores
Current Status:
License Type:
Retail Forex LicenseLicensed Entity:
Effective Date:
2010-06-07Email Address of Licensed Institution:
--53748:
No SharingWebsite of Licensed Institution:
--Expiration Time:
--Address of Licensed Institution:
Phone Number of Licensed Institution:
--Licensed Institution Certified Documents:
BaFin Common Financial Service License
Federal Financial Supervisory Authority
Federal Financial Supervisory Authority
Current Status:
License Type:
Common Financial Service LicenseLicensed Entity:
Effective Date:
--Email Address of Licensed Institution:
--53748:
No SharingWebsite of Licensed Institution:
--Expiration Time:
--Address of Licensed Institution:
Phone Number of Licensed Institution:
--Licensed Institution Certified Documents:
Acatis is a forex and CFD broker based in Frankfurt, Germany, that claims to offer a wide range of trading services, including cryptocurrency trading. As the forex market continues to grow, traders must exercise caution when selecting a broker. The potential for scams and fraudulent activities in the industry is significant, making it essential for traders to conduct thorough evaluations of brokers like Acatis. This article will investigate the credibility of Acatis by examining its regulatory status, company background, trading conditions, customer experiences, and overall safety measures.
Regulation is a crucial factor in determining the safety and reliability of a forex broker. Brokers operating under strict regulatory frameworks are generally held to higher standards, which can provide traders with a sense of security. Unfortunately, Acatis has been identified as an unlicensed broker, raising significant concerns about its legitimacy.
Regulatory Authority | License Number | Regulatory Region | Verification Status |
---|---|---|---|
BaFin | N/A | Germany | Unlicensed |
The lack of a valid license from a reputable regulatory body like the Federal Financial Supervisory Authority (BaFin) is alarming. Reports indicate that Acatis has been operating with a cloned license, which is a common tactic used by fraudulent brokers to mislead potential clients. This situation is compounded by claims from Acatis that it is regulated in multiple countries, which have been proven false. The absence of regulatory oversight significantly increases the risk for traders, making it imperative to question: Is Acatis safe?
Acatis operates under the name Acatis Investment GmbH and has been in the market since 1994. The company claims to specialize in value investing and offers a range of financial products. However, the forex trading division appears to be a more recent development, which raises questions about the firm's expertise in this area. The ownership structure of Acatis is not entirely transparent, with limited information available regarding its management team.
The management teams background is critical in assessing the broker's credibility. However, there is scant information on the qualifications and experience of the key personnel at Acatis. This lack of transparency can be a red flag for potential investors. Furthermore, the company's website does not provide adequate information about its operations, which could indicate an attempt to obscure its true nature. Thus, the question remains: Is Acatis safe?
Understanding the trading conditions offered by a broker is essential for any trader. Acatis requires a minimum deposit of $5,000, which is significantly higher than the industry average. This high entry barrier can deter many potential clients and may signal a lack of confidence in attracting traders through competitive offerings.
Fee Type | Acatis | Industry Average |
---|---|---|
Spread on Major Currency Pairs | N/A | 0.5 - 1.5 pips |
Commission Model | N/A | Varies |
Overnight Interest Range | N/A | Varies |
The absence of transparent information about spreads, commissions, and overnight interest rates is concerning. Traders typically expect to find clear details about these costs, as they directly impact profitability. The lack of clarity in Acatis's pricing structure raises questions about potential hidden fees. Therefore, it is crucial to ask: Is Acatis safe?
The security of client funds is paramount when evaluating any broker. Acatis claims to implement various safety measures, but the lack of regulatory oversight significantly undermines these assurances. It is unclear whether client funds are held in segregated accounts, which is a standard practice among reputable brokers to protect traders' investments.
Moreover, there is no evidence of investor protection schemes or negative balance protection policies, which are essential components of a safe trading environment. The absence of these measures raises serious concerns about the broker's commitment to safeguarding client funds. Given these factors, one must consider: Is Acatis safe?
Customer feedback is a valuable indicator of a broker's reliability. Reviews and testimonials for Acatis are mixed, with several users reporting difficulties in withdrawing funds and poor customer service. Common complaints include:
Complaint Type | Severity | Company Response |
---|---|---|
Withdrawal Issues | High | Slow Response |
Lack of Customer Support | Medium | Unresolved |
Many clients have expressed frustration over the slow response times from Acatis's customer support team, especially when attempting to resolve issues related to withdrawals. These patterns of complaints suggest a lack of commitment to client satisfaction, which is a critical aspect of a trustworthy broker. Therefore, the question persists: Is Acatis safe?
The trading platform offered by Acatis is another critical factor in evaluating its safety. While the broker claims to provide a robust trading environment, user reviews indicate potential issues with platform stability and order execution. Traders have reported instances of slippage and rejected orders, which can significantly impact trading outcomes.
Additionally, there are concerns about the transparency of the trading platform. Without clear information about execution quality and potential manipulation, traders may find themselves at a disadvantage. This leads to further skepticism regarding the broker's integrity and reliability. Thus, the inquiry remains: Is Acatis safe?
The overall risk associated with trading through Acatis is considerable. The lack of regulation, combined with high minimum deposits and poor customer feedback, paints a concerning picture of the broker's operational practices.
Risk Category | Risk Level (Low/Medium/High) | Brief Explanation |
---|---|---|
Regulatory Risk | High | Unlicensed broker |
Financial Risk | High | High minimum deposit |
Operational Risk | Medium | Complaints about execution |
To mitigate these risks, potential traders should consider conducting thorough due diligence before engaging with Acatis. Seeking out brokers with reputable licenses, transparent fee structures, and positive customer reviews can help protect investments.
In conclusion, the evidence suggests that Acatis poses significant risks to traders. The lack of regulation, high minimum deposits, and numerous customer complaints raise red flags that cannot be ignored. Therefore, it is prudent for traders to exercise caution and consider alternative options.
For those seeking safer trading environments, it is advisable to explore brokers that are regulated by reputable authorities such as the FCA or ASIC. These brokers typically offer better protection for client funds and more transparent trading conditions. Ultimately, the question remains: Is Acatis safe? The overwhelming evidence indicates that it is not a broker that traders should engage with lightly.
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
ACATIS latest industry rating score is 1.56, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.56 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.