Search

Regarding the legitimacy of Auro Markets forex brokers, it provides a comprehensive investigation into the security aspects of regulatory and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Software Index

Full License

License

No license

Is Auro Markets a scam, or is it legit?

The latest exposure and evaluation content of Auro Markets brokers.

Auro market is profit fx
The company, originally known as Profit FX Markets, has rebranded itself under the name Auro Markets. The owner, Vishal Jain, is linked to Mahavir Jewelers, located in Kathe Gali, Nashik. However, this company appears to be operating as a fraudulent entity, deceiving clients and manipulating their accounts. They reportedly engage in account washout tactics, where clients’ accounts are intentionally drained of funds through manipulation. It is alleged that Devendra Thakoor plays a role in facilitating these washouts, and in return, he is given a 50% commission for his involvement in the fraudulent activities. Furthermore, the company is involved in collecting funds through a separate platform under the name "Origo Markets." Despite taking clients’ money, Auro Markets fails to refund or return any funds to customers. This company’s unethical practices, including account manipulation, fund misappropriation, and refusal to return money, suggest it is operating as a scam rather than a legi
Auro Markets's latest industry rating score is 1.65, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Auro Markets If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.