AHRK-Well is a forex broker ith its registration in Cyprus, this broker lacks valid regulatory licensing. The broker provides traders with various trading instruments including stocks, indices, energy, precious metals, decentralized assets, and currency pairs. AHRK-Well's trading platform is compatible with multiple operating systems and claims that its trading terminals have both innovative and stable features. The maximum leverage offered by AHRK-Well is 1:500.
Corporate Background and Regulation
AHRK-Well is registered in Cyprus, but this broker currently lacks valid regulatory permission. There may be certain trading risks with AHRK-Well. If a broker is unregulated, it might lead to various risks including assurance of fund safety, increased risk of fraudulent practices, lack of legal protection, opaque market practices, and overall market reputation damage. In the event of disputes, customers may not be able to seek legal remedies. Thus, it is very important for investors to choose a broker that is strictly regulated, as it can provide more security and a better trading environment.
Account Types
AHRK-Well offers three types of accounts to suit traders of different levels. Compared to other brokers, the minimum deposit of AHRK-Well accounts is significantly higher than normal.
The Beginner account targets newcomers, with a minimum deposit of $150, a leverage of 1:100, and provides instant trade execution. It aims to help beginners learn trading basics and improve their skills.
The Standard account offers more opportunities and tools for traders to improve their trading strategies, with a minimum deposit of $1,000, a leverage of 1:500, additionally offering instant trading execution, access to cryptocurrency and metals markets as well as deposit insurance.
The Master account is designed for experienced traders, with a minimum deposit of $10,000 and a leverage also at 1:500. This account offers analytical tools, exclusive resources, and personal agent services aimed at helping users manage their trading strategies effectively, achieving maximized trading results. It also includes instant trade execution, access to cryptocurrency and metals, deposit insurance, deposit security, and 24/7 customer support.
Trading Platform
The details of AHRK-Well's trading platform are not disclosed. Forex trading typically offers popular platforms like MT4 or MT5 that support a plethora of trading instruments and chart analysis features. However, the specific platforms used by AHRK-Well are unknown.
Trading Instruments
AHRK-Well is a company that provides financial trading services, with a portfolio covering various financial asset classes. This broker offers customers a diversified range of trading instruments including currencies, metals, commodities, cryptocurrencies, stocks, and indices.
These instruments include a variety of major and minor currency pairs, allowing traders to operate in the global forex market; stocks of major global stock markets, and indices such as the Dow Jones and NASDAQ. Metal trading involves precious metals like gold and silver, traditionally regarded as safe-haven assets. Commodities trading includes energy and agriculture such as oil, natural gas, wheat, and corn. Cryptocurrency trading covers mainstream digital currencies such as Bitcoin and Ethereum, catering to the interest in emerging asset classes.
Leverage
The maximum leverage offered by AHRK-Well is 1:500.
AHRK-Well's leverage settings vary according to the type of account to meet the needs of traders at different levels. Beginner accounts offer a leverage of 1:100, suitable for novices. Standard accounts provide a leverage of 1:500, aimed at offering traders more opportunities and tools. For more experienced traders, Master accounts also provide a leverage of 1:500, equipped with analytical tools and exclusive resources.
Spreads and Commissions
AHRK-Well is a brokerage offering online financial trading services, and one of its distinct features is a zero commission policy. This means that users do not have to pay any additional commission fees while trading, which is attractive for reducing trading costs for all types of traders.
In the financial services industry, transparency in spread information is crucial to ensuring transactional transparency. For a financial broker like AHRK-Well, the failure to publish specific spread information could mean potential transaction costs are not transparent, making it difficult for clients to fully understand the actual costs of trading when assessing and choosing broker services.
Customer Support
The company's official website provides basic contact information, including the phone number +357 25 306997 and customer service email support@ahrkwell.com. However, specific address details and social media links are not provided.
AHRK-Well offers basic support services to clients on its official website. Contact methods provided by the broker include telephone numbers and a customer service email, through which clients can obtain necessary help and support. However, AHRK-Well does not provide specific address details and social media links on its website, which could inconvenience clients seeking transparency and immediate interaction.
User Reviews
User reviews of AHRK-Well have reported some negative feedback. Some users have reported encountering issues with fund withdrawals and potential fraudulent activities, such as delays and obstruction in withdrawing funds, as well as a lack of transparency and communication from management.
AHRK-Well has been questioned by some users regarding its reliability and legitimacy, as the company has failed to provide necessary legal documentation to prove its legitimacy, and it does not offer a demo account before trading on its platform.
Concerning the regulatory status of AHRK-Well, investors should be aware that the company lacks valid regulatory information, indicating that trading with it may carry higher risks.
Conclusion
AHRK-Well, a forex broker, claims to offer a variety of trading options including currencies, metals, commodities, cryptocurrencies, stocks, and indices, while providing three different account types. The broker asserts that its trading platform is compatible with multiple operating systems. However, AHRK-Well lacks substantial information on crucial aspects such as corporate background, regulatory transparency, trading platform specifics, and spreads. Moreover, it is not regulated by any financial regulatory authority. For investors intending to trade with AHRK-Well, thorough research and risk assessment are very necessary. Currently, AHRK-Well is flagged as "Suspected Fraud" on the Traderknows.
