Score

1.44 /10
Danger

Atlantic

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.42

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

Atlantic Wealth platform is unable to withdraw. It freezes users' account by different reasons and require users to pay tax

The platform website is https://www.dxycf-fx.net/zh-cn (It is still able to log on and able to contact customer service). Through the introduction of netizens, I opened an account on the Atlantic Wealth platform. At the beginning, I just invested a small amount of money, and after making a profit, I successfully withdrew it. then, , the platform sent me an invitations for member bonus activities and applied for 50,000 USDT bonus activities. Because it was not completed within the time limit, account transactions and withdrawals were frozen, and it took 3 days to deposit funds to complete the account balance of 50,000 USDT. A few days after the completion, the attempt to withdraw funds was rejected. The reason was that there was malicious arbitrage of bonuses and the account's withdrawal function was frozen. The platform customer service said that it is necessary to complete the effective transaction flow of 5 times of the account balance within 3 days. This is unreasonable, because I have confirmed to the customer service that there is no regulation to withdraw the bonus, and it is impossible to complete the transaction flow of 250,000 USDT within 3 days. Later, the platform customer service offer another solution, that is, to promote platinum membership 10,000 USDT, the account transaction flow can be exempted within if it is completed in 5 days and withdrawals can be processed. In order to get the funds back, I had no choice but to get promoted. Because of insufficient funds, netizens borrowed funds and deposited them directly into my trading account, and the platform also approved the deposit. After completing the platinum membership, the broker said that he needed to pay the tax according to my country’s tax rate. I told the customer service that I would report it to the tax bureau by myself, but the platform said that I must pay the tax to withdraw the money. There is no way. And had to pay taxes in order to recover the funds. I thought I was able to withdraw, but I received a reminder email that my account was frozen again. I asked the customer service and was told that the account has a third-party deposit. In response to the international federal anti-money laundering call, the platform has frozen the account's withdrawal function. To unfreeze, you need to pay a deposit of 20% of the account balance. After re-examination, the funds will be returned to the account balance if they are proved to be legal. I stated that I did not know that there was a third-party deposit that violated the regulations. At that time, the platform did not remind or reject the deposit application. They did not mention the violation when I called the customer service to check the account and processed the tax payment. After paying the tax, you said that I violated the rules. The tactic that platform is considered to induced fraud. All the bonus regulations and transaction regulations are not clearly listed on the website. I asked the customer service if I need to show the transfer documents to prove the source of my funds is legitimate, the customer service did not answer my inquiry, but just kept replying to me to pay the deposit. I made deposits one by one, and I paid taxes but failed to withdraw. Even if I pay the deposit, there will be other reasons to refuse my withdrawal, so I refuse to pay again. Later, I consulted a formal foreign exchange trading company. The information obtained was that the formal platform cannot collect taxes from customers on behalf of the state. If there is suspicion of money laundering, the account can be frozen for thorough investigation to find out the legal source of funds without paying a deposit. Principal USD 86546 + tax USD9464 = USD96010 platform website https://www.dxycf-fx.net/zh-cn/ (The website can be logged in, and the customer service can be contacted)

FX3065353702
2021-11-19 15:09
Atlantic · Company summary

GENERAL INFORMATION AND REGULATION

Atlantic Securities is a Cypriot financial firm that is built around the traditional financial brokerage model that offers both offline and online trading options. A traditional financial brokerage works on the principle of a dealing desk protocol, which utilizes dedicated account managers and dealing desk experts for connecting traders and their orders to the marketplace. Atlantic Securities have an incredible collection of both online and offline dealing desks where investors can either use the help of dedicated local dealers or utilize an online trading terminal to invest in the 90 different financial markets across 21 countries.

Atlantic Securities offers a range of exchange-listed products that include stocks, indices, Forex, commodities, options, futures, and bonds through dedicated clearing houses. What this means is that Atlantic Securities acts as a middleman for all orders that are sent directly to the market or liquidity providers, which ensures that traders can get highly transparent pricing and the best market access for unprecedented trading in the global financial markets. Atlantic Securities may be considered to be a bit different from the modern Forex brokerage services that online retail FX traders have come to expect from the market. Therefore, Forex trading is offered as a part of their regular brokerage model, which does have some subtle differences.

We will provide you with all the vital information about the broker through this unique and detailed Atlantic Securities broker review.Focused on asset management, and provide customers a variety of derivative financial products, including various combinations of currency foreign exchange, gold, funds, bonds and various financial transactions of goods and services.

Based on our reviews, we couldn't get a solid proof that shows the Valid Regulatory license of the Broker. Therefore we advised users to stay away and confirm before trading.Also upon checking the broker's website we couldn't get any Valid Regulatory license or Registration Number, Hence the Broker is unregulated.

MARKET INSTRUMENT

Atlantic Securities offers a range of exchange-listed products that include stocks, indices, Forex, commodities, options, futures, and bonds through dedicated clearing houses.

ACCOUNT AND LEVERAGE

Atlantic Securities offers five different types of trading account,

Mini accounts with Trading leverage options: 1:100、1:200、1:400、1:500 and Standard surgery:100,000 and this Account type Is considered Personal Account.

Standard Account : Account type; Personal account, Joint account and Company account

Platinum Account: Account type; Personal account, Joint account and Company account

VIP Account: Account type; Personal account, Joint account and Company account.

Professional ECN account: Account type; Personal account, Joint account and Company account.

All these five Accounts have the same Lo size of : 0.1 hand, also the Trading leverage options:

1:100、1:200、1:400、1:500 and

Standard surgery:100,000.

No minimum deposit and withdrawal offered by the Broker is disclosed.

TRADING PLATFORM AVAILABLE

Atlantic Securities offers MetaTrader 5 as their trading platform.

MetaTrader 5 is one of the most respected in Britain and worldwide and most commonly used trading platform. Atlantic MT5 platform with useful features to provide quality and efficient trading experience to users, make your transactions more convenient. Their MT5 platform can be fully customized to meet the personalized form with your trading needs, providing speed of a key executive function, it has a depth of market technical analysis, and can use EA trading robot automated trading programs do.

Atlantic Securities can also stream directly on your MT5 trading platform set to help you make careful and timely trading decisions, this way can further enhance your trading experience. Atlantic MT5 platform is completely free to use and you will be able to download it from anywhere. Enjoy Atlantic'll be right to bring you a different experience!

DEPOSIT AND WITHDRAWAL

No information were obtained from either the broker's website or other third-party in what payment method does the broker accept. And this is really another failure to consider.

CUSTOMER SERVICE

Users can reach out to Atlantic Securities Customers support via e-mail: info@dxycf.com

Or using their address.

Address:Virgin Limited Virgin Red London 66 Bowchester Road W2 6ET.

They also provide a QR Code to scan and contact their customer service, kindly check their website to see the QR code.

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