Arc World Global Ltd claims to offer a range of financial trading products, including forex, indices, energy, metals, stocks, and cryptocurrencies. However, a deeper investigation reveals numerous issues related to transparency, registration, and regulation. This article will expose these problems to help investors understand the potential risks and guide them on how to avoid becoming victims.
Why is Arc World Global Ltd flagged as a scam platform? Let's delve into the details.
Background of Arc World Global Ltd
On its official website, Arc World Global Ltd claims that it was established in 2015 and registered in Saint Vincent and the Grenadines with the registration number 25198 IBC 2018. The company's headquarters are located at First Floor, St. Vincent Bank Ltd Building, James Street, Kingstown. They offer trading products including forex, indices, energy, metals, stocks, and cryptocurrencies. Currently, the website supports only English and provides access to their proprietary trading platform, Arc World. The educational resources available on the website include an economic calendar, analysts' opinions, market commentary, and web TV.
Is Arc World Global Ltd Safe and Legitimate? Is Arc World Global Ltd Trustworthy?
Arc World Global Ltd claims to be regulated by the National Futures Association (NFA) in the United States with the regulatory number 0564594. However, a check of the official NFA database shows no such record. This false regulatory information poses a significant risk to investors as it indicates that the platform lacks formal regulation and basic legal protections.
A thorough investigation reveals that the company is not listed in the official registration database of Saint Vincent and the Grenadines. Additionally, a Whois lookup shows that the company's website was only registered on March 29, 2024. Despite claiming to have been established in 2015, the website was registered in 2024, further raising suspicions of fraud.
After a thorough investigation, we were unable to find the claimed records of the company in the official registration database of Saint Vincent and the Grenadines. Moreover, a Whois search revealed that the company’s official website was only registered on March 29, 2024. Despite the company's claim of being established in 2015, the late registration of its website in 2024 further raises suspicions of fraud.
Although the Arc World Global Ltd website claims that retail clients' funds are kept in segregated accounts, separate from the company’s own funds, this does not change the fact that it is a fraudulent platform. Segregating funds is an important measure to ensure the safety of client funds, but this alone is not enough to prove its legitimacy and security. Investors must remain vigilant and guard against potential fraud risks.
Trading Products Offered by Arc World Global Ltd
Forex
Arc World Global Ltd offers over 90 currency pairs for trading, with leverage up to 1:400. While this provides trading flexibility, the lack of regulation significantly increases the risk.
Metals
The platform offers trading in gold and silver, giving investors opportunities for speculation and hedging in the precious metals market. However, due to doubts about the platform's legitimacy, traders must remain vigilant.
Energy
Trading products include crude oil and natural gas. Given the volatility of these markets, reliable security and stability are crucial, yet Arc World Global Ltd has not sufficiently demonstrated its safety measures.
Indices
Arc World Global Ltd allows trading of various market indices through contracts for difference (CFDs). The reliability of these trades is compromised by the platform's transparency issues.
Cryptocurrency
The platform offers cryptocurrency CFDs with leverage up to 1:30, claiming to provide flexible investment options. However, due to the platform's unregulated status, traders should exercise extreme caution.
Arc World Global Ltd offers a self-developed trading platform.
Arc World Global Ltd claims to provide multiple ways to access their trading platform, including iOS and Android mobile apps, as well as a web-based interface. While these access methods offer convenience, the platform's security and reliability have not been thoroughly reviewed or disclosed. This lack of transparency raises concerns among users about the safety of their data and the stability of trading operations.
However, the official website of Arc World Global Ltd only provides download options for its self-developed trading platform, without any information on its features, characteristics, or security measures. This lack of information causes investors to doubt the platform's credibility and reliability. A trustworthy trading platform should provide detailed descriptions, including its features, security measures, and user guides, to ensure that users can trade with confidence.
Account Types of Arc World Global Ltd
Live Accounts
Arc World Global Ltd offers live accounts tailored to meet the needs of different investors, ranging from beginners to experienced traders. These accounts are said to provide flexible trading options and access to various financial instruments. However, the security of these accounts is questionable due to the lack of proper regulation.
Demo Accounts
For novice traders, Arc World Global Ltd provides demo accounts, which allow for simulated trading without financial risk. These accounts help users practice trading strategies and become familiar with the platform's operations. Nonetheless, considering the platform's transparency issues, the actual usefulness of these demo accounts is debatable.
How to Open an Account?
- Visit the Arc World Global Ltd website and click on the "Register" button.
- Fill out the application form.
- Submit identity verification documents or my number verification documents.
- Deposit funds and start trading.
Arc World Global Ltd lacks information on spreads and commissions
The official website of Arc World Global Ltd does not provide detailed information about spreads, trading leverage, trading commissions, minimum/maximum trading volume, maximum position/order size, margin call/stop-out levels, minimum price increment, and contract size for trading accounts. This lack of critical information further indicates the platform's opacity, increasing the risk for traders. Transparent and detailed account information is essential for investors to make informed trading decisions.
Leverage Information for Arc World Global Ltd
The leverage information for forex, indices, energy, metals, stocks, and cryptocurrencies on Arc World Global Ltd is shown in the following chart.
Arc World Global Ltd's Deposit and Withdrawal Methods
Deposits
Arc World Global Ltd offers various deposit methods, including USDT and bank wire transfers. While USDT deposits are processed immediately, the security of these transactions is unclear, posing potential risks.
Withdrawals
The platform provides several withdrawal options, such as UnionPay and bank wire transfers. However, the efficiency and reliability of these methods are questionable, leading to uncertainty about the accessibility of funds. Compliant brokers should disclose their deposit and withdrawal methods and accounts, but Arc World Global Ltd has not made any such information public. Typically, scam companies lure users to deposit funds via USDT or other cryptocurrencies, making it difficult for investors to recover their money even if they report the fraud. The lack of transparent deposit and withdrawal information significantly threatens the security of investors' funds.
Arc World Global Ltd's Contact Information
Arc World Global Ltd mainly provides customer support through email (info@arcwltd.com). The company does not offer phone, online chat, or other instant contact methods, making communication with them challenging. Given the transparency and reliability issues, the effectiveness and response speed of this support are questionable.
Educational Resources of Arc World Global Ltd
The official website of Arc World Global Ltd offers educational resources in four sections: Economic Calendar, Analyst Views, TC Market Commentary, and TC Web TV.
Economic Calendar
The Economic Calendar section provides real-time, actionable macroeconomic data to help users monitor and predict events that may impact the market and take appropriate actions. This calendar allows users to filter economic events from 38 countries/regions by importance or country/region, track each event in real time, and view similar past events on price and event charts. Users can obtain more information through the following features:
- Forex Charts:Mapping over 115 forex charts to different economic events, allowing users to monitor currency pairs with real-time pricing and take swift action when needed.
- Index Association:Accessing a list of economic events from 38 countries/regions and mapping them to target indices. Users can filter selected indices and view corresponding price and event charts to make timely investment decisions during economic events.
- Historical Performance:Each economic event is charted with "forecast" and "actual" values from the past five years, enabling users to easily spot historical trends and better understand their impact on currencies.
- Real-time Data:Macroeconomic data is tracked and updated in real time, ensuring users always act on the latest information.
Analyst Views
Analyst Views is a financial market research solution that combines the expertise of senior analysts with automated algorithms. Proprietary pattern recognition technology continuously monitors the market, providing actionable trading plans based on award-winning methods. Meanwhile, a team of global professional market technicians verifies all analytical outputs to ensure only the best analysis results are published.
From an analyst's perspective, you can get:
- Updates every 2 hours:Analysis provided by Trading Central's global team of experts.
- Unique Combination:The world's only financial market research solution offering a unique combination of senior analyst expertise and automated algorithms.
- Extensive position management:Analyst Views continuously scans the market, providing comprehensive position management for over 8,000 instruments.
- Timely professional opinions:With unmatched coverage, it offers instant positions for the world's most liquid instruments.
- Professional second opinions:For those who already have investment ideas, Analyst Views serves as a repository of professional second opinions.
TC Market Commentary
TC Market Commentary, written by the renowned Trading Central research team, carefully selects proprietary content directly related to product price fluctuations and analyzes its potential impact to guide investors in taking action based on significant news.
Before reading TC Market Commentary, you can:
- Combat information overload:Using original, straightforward, and actionable material.
- Cover Major Commodity Prices, Cryptocurrencies, and Forex Rates: For the day.
- Main categories:Major market events, forex news, concise technical analysis, market overview, cryptocurrency news, commodity news, and economic insights.
TC Web TV
TC Web TV allows investors to watch financial news on the web and stay informed about the latest developments.
Missing Information on Employees and Executives of Arc World Global Ltd
There is no information available about the employees or executives of Arc World Global Ltd on the public web. The company does not provide a transparent list of its management team or staff, which further suggests that it might be a fraudulent entity operating in the shadows. This lack of executive and employee information prevents investors from understanding the actual operations of the company, thereby increasing the trust deficit.
Arc World Global Ltd's Confusing Awards Page
The awards page (GLOBAL AWARDS) on Arc World Global Ltd’s official website showcases numerous awards, claiming these accolades demonstrate their commitment to providing exceptional customer service, competitive trading conditions, and an outstanding trading experience. However, it is perplexing that the awards displayed were actually won by other enterprises, and none were awarded to Arc World Global Ltd. For instance, the 2021 Best Local Consumer Service award was actually won by FX 110. This false display of awards further reveals the fraudulent nature of the company, diminishing its credibility.
Arc World Global Ltd has significant issues with its company background and regulatory information. Investors must exercise extreme caution when choosing this platform for trading. Prioritizing platforms that are well-regulated and transparent is crucial to ensure investment safety and fair trading. In any financial transaction, staying vigilant and conducting thorough due diligence are key steps to protecting one's interests.
FAQs
Is Arc World Global Ltd a legitimate trading platform?
No, Arc World Global Ltd provides false registration and regulatory information, casting serious doubt on its legitimacy.
Which regulatory authority oversees Arc World Global Ltd?
Arc World Global Ltd falsely claims to be regulated by the National Futures Association (NFA) of the United States, but there is no such record in the official NFA database.
Are Arc World Global Ltd's trading accounts safe?
Given the platform's lack of transparency and false regulatory information, the security of Arc World Global Ltd's trading accounts is highly questionable.
What trading products does Arc World Global Ltd offer?
Arc World Global Ltd offers various trading products, including forex, metals, energy, indices, and cryptocurrencies. However, the legitimacy and safety of these products are questionable.
Are Arc World Global Ltd's deposit and withdrawal methods reliable?
The reliability of Arc World Global Ltd's deposit and withdrawal methods is doubtful, with potential risks concerning fund access and transaction security.
How can investors protect themselves from scams similar to Arc World Global Ltd?
Investors should conduct thorough due diligence, prioritize platforms with proper regulation and transparent information, and remain vigilant to avoid falling victim to scams.
