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Anubis Ltd is a forex broker that has recently attracted attention within the trading community for its aggressive marketing and broad range of services. Positioned as a global player in the forex market, Anubis claims to offer a user-friendly trading platform, competitive spreads, and various financial instruments. However, the importance of thoroughly evaluating forex brokers cannot be overstated. Traders often invest significant sums of money, and the lack of proper oversight can lead to the loss of funds. In this article, we will investigate whether Anubis is safe or if it exhibits characteristics typical of a scam. Our investigation will be based on various sources, including regulatory information, company background, trading conditions, and customer feedback.
The regulatory status of a forex broker is pivotal in determining its legitimacy. Anubis Ltd operates as an unregulated broker and does not fall under the supervision of any recognized financial authority. This raises significant concerns regarding the safety of client funds and the broker's operational transparency. Below is a summary of the regulatory information for Anubis:
Regulatory Authority | License Number | Regulatory Region | Verification Status |
---|---|---|---|
None | N/A | N/A | Unregulated |
The absence of regulation means that Anubis does not adhere to the stringent requirements that regulated brokers must follow, such as maintaining a minimum capital requirement, segregating client funds, and submitting to regular audits. The lack of oversight from any reputable regulatory body raises serious red flags regarding the safety of investing with Anubis. Traders should be particularly cautious, as unregulated brokers often lack the necessary safeguards to protect client investments.
Anubis Ltd claims to be registered in the United Kingdom, with its address listed as Suite 2235 Unit 3A, Holborn, London. However, mere registration with the Companies House does not equate to being authorized to provide financial services. This has been confirmed by the Financial Conduct Authority (FCA), which has issued warnings against Anubis for operating without proper authorization.
The ownership structure and management team behind Anubis remain largely opaque, with limited information available about their qualifications and experience. This lack of transparency further complicates efforts to assess the broker's reliability. Investors typically expect a certain level of disclosure regarding the management team and the company's operational history, which is notably lacking in the case of Anubis. Given these factors, it is reasonable to question whether Anubis is safe for potential investors.
When evaluating a forex broker, understanding the trading conditions is crucial. Anubis claims to offer competitive spreads and various trading instruments; however, the specifics of its fee structure are not clearly outlined on its website. Below is a summary of the core trading costs associated with Anubis:
Fee Type | Anubis | Industry Average |
---|---|---|
Major Currency Pair Spread | Not Disclosed | 1.0 - 1.5 pips |
Commission Model | Not Disclosed | Varies |
Overnight Interest Range | Not Disclosed | Varies |
The lack of transparency regarding fees may indicate potential hidden costs that could impact traders' profitability. Moreover, some reviews suggest that Anubis may impose withdrawal restrictions or conditions that make it difficult for clients to access their funds. This is a common tactic used by scam brokers to retain client deposits, further raising concerns about whether Anubis is safe for trading.
The safety of client funds is a primary concern when choosing a forex broker. Anubis does not provide any information regarding fund security measures, such as segregated accounts or investor protection policies. This lack of information is alarming, especially considering that unregulated brokers are not legally obligated to protect client funds.
In the absence of clear policies on fund security, traders are left vulnerable to potential losses. There have been no reported incidents of fund misappropriation or security breaches at Anubis, but the lack of transparency and regulatory oversight makes it difficult to ascertain the brokers commitment to client fund safety. Therefore, potential investors should exercise extreme caution and thoroughly evaluate whether Anubis is safe before committing any funds.
Customer feedback is an essential aspect of evaluating a forex broker's reliability. In the case of Anubis, user reviews are mixed, with many traders expressing concerns about the broker's responsiveness and overall service quality. Common complaints include difficulties in withdrawing funds, lack of support, and unclear terms and conditions. Below is a summary of the main complaint types:
Complaint Type | Severity Level | Company Response |
---|---|---|
Withdrawal Issues | High | Poor |
Customer Support | Medium | Inconsistent |
Transparency Concerns | High | Lacking |
One notable case involved a trader who reported that after making a profit, their withdrawal request was delayed indefinitely, leading to frustration and distrust. Such experiences are indicative of potential issues within the broker's operational practices, raising further doubts about whether Anubis is safe for trading.
The trading platform offered by Anubis is crucial for evaluating the overall trading experience. Reports suggest that the platform is user-friendly, but there are concerns regarding execution quality. Traders have reported instances of slippage and rejected orders, which can significantly affect trading outcomes.
Additionally, there are no indications of platform manipulation, but the lack of regulatory oversight leaves room for speculation. A reliable trading platform should ensure swift order execution and minimal slippage, which is essential for maintaining trader confidence. Given these factors, potential clients should carefully consider whether Anubis is safe based on the platform's performance.
Utilizing Anubis as a forex broker comes with inherent risks, primarily due to its unregulated status and lack of transparency. Below is a risk assessment summarizing key risk areas:
Risk Category | Risk Level | Brief Description |
---|---|---|
Regulatory Risk | High | No oversight from reputable regulatory bodies. |
Fund Security Risk | High | Lack of information on fund protection measures. |
Operational Risk | Medium | Complaints regarding service quality and transparency. |
To mitigate these risks, traders should conduct thorough research before engaging with Anubis. It is advisable to start with a small investment, if any, and to remain vigilant about withdrawal processes and customer service interactions.
In conclusion, the investigation into Anubis Ltd raises significant concerns regarding its legitimacy and safety as a forex broker. The absence of regulation, unclear trading conditions, and mixed customer feedback suggest that Anubis is not safe for trading. Traders should be particularly cautious and consider alternative brokers that are regulated and have a proven track record of reliability.
For those looking for trustworthy alternatives, consider brokers that are regulated by reputable authorities such as the FCA, ASIC, or CySEC. These brokers typically offer better protections for client funds and a more transparent trading environment. Ultimately, conducting thorough due diligence is essential for safeguarding investments in the volatile forex market.
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.
ANUBIS latest industry rating score is 1.32, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.32 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.