Arlington Asset Investment Corp Ltd is a forex broker officially registered on September 12, 2023. It primarily offers CFD trading services in forex, stocks, indices, commodities, energy, precious metals, etc., to investors. The company's headquarters are unknown. This broker does not provide services to jurisdictions where it might contravene local laws or regulations.
Corporate Background and Regulatory Status:
According to publicly available information on its website, Arlington Asset Investment Corp Ltd was established in 2002 and is headquartered in London. It has direct branch offices in the United States, Vanuatu, and Sydney, Australia, with financial service qualifications and local financial institution regulation.
Upon verification, it was found that Arlington Asset Investment Corp Ltd is only a non-member of the National Futures Association (NFA) and is not regulated by the NFA. Moreover, the company's website design closely resembles that of several other brokers, including Varna Trade, RH Trade, Kaerm IM, HCapitalForex, Huigu Limited, raising suspicions of being produced from the same template. Many of these broker websites are registered with the Financial Crimes Enforcement Network (FinCEN) in the United States as non-members of the NFA, possibly to confuse investors.
Additionally, as of November 13, 2023, the broker's website has only been registered for two months.
Account Opening:
To open an account with Arlington Asset Investment Corp Ltd, users need to register and log in on its official website. Registration requires providing a personal email and setting a login password. The broker also requires filling in an invitation code registration form before submission, deviating significantly from the normal account registration process.
Account Types:
Arlington Asset Investment Corp Ltd's website does not mention specific information about trading accounts. In its frequently asked questions (FAQ) section, the broker claims to offer floating spreads as low as 1 pip, leverage ranging from 1:100 to 1:500. However, details about minimum deposit, trading commissions, margin levels, stop-loss levels, minimum trade volume, and other trading specifics are not clearly disclosed.
Trading Platform:
Arlington Asset Investment Corp Ltd only provides users with its proprietary ST trading platform, which has highly opaque rules. Users may be susceptible to price manipulation and slippage, along with incurring high trading fees.
Deposits and Withdrawals:
Specific information about deposit and withdrawal methods is not disclosed on the broker's official website.
Customer Support:
Arlington Asset Investment Corp Ltd only supports users in obtaining customer support through email at ssupport@aaicltd.com, offering a limited means of contact.
In Summary:
Traderknows warns investors that Arlington Asset Investment Corp Ltd's corporate entity registration information is unclear, and its purported regulatory registration seems designed to mislead uninformed investors. The broker itself is not regulated by any official financial regulatory authority, and the lack of clear account information, the requirement for an invitation code for registration, the use of a proprietary trading platform, and a singular contact method suggest that the website may be involved in a potential scam.
Traderknows recommends traders to steer clear of this platform to avoid unnecessary financial losses. Additionally, the broker's official website, along with VLC Trade LLC, OBV Trade MT5, SXHJAS GLOBAL LIMITED, ASEX CAPITAL GROUP LIMITED, KFCP GLOBAL LIMITED, Cberry Wt, Varna Trade, RH Trade, Kaerm IM, HCapitalForex, Huigu Limited, is suspected to be using the same template.
As of now, the broker has been marked as "scam" on Traderknows.
