atfunded.com Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

The website atfunded.com claims to offer a funded trading program, where traders can access capital to trade in exchange for a fee and a profit split. However, several aspects of the website raise red flags and suggest that it may not be a legitimate or trustworthy platform. Here are some reasons for concern: 1. Lack of Regulation: The website states that atfunded is a business name under AT Global Markets LLC, which is a limited liability company in Saint Vincent and the Grenadines. It's important to note that Saint Vincent and the Grenadines is known for its lax financial regulations, and many unregulated and potentially risky financial entities operate from there. The website also mentions that atfunded is not regulated, which is a significant concern when it comes to financial services. 2. Unrealistic Profit Claims: The website promotes the idea of traders being able to access significant amounts of trading capital (up to $200,000) without using their own funds. It also claims that traders can keep 80% of the profits they earn. These claims are highly unusual in the financial industry and could be indicative of a scheme that is too good to be true. 3. High Sign-Up Fee: The website mentions a sign-up fee of $250 to participate in the funded trading program. Legitimate and reputable trading programs typically do not require such high upfront fees, especially for unproven or unknown platforms. 4. Limited Information on Risk and Terms: While the website provides some details about the funded trading program, there is a lack of comprehensive information about the associated risks, terms and conditions, and the legal framework governing the program. This lack of transparency is concerning, as it leaves potential participants in the dark about important aspects of the program. 5. No Regulatory Compliance Information: Legitimate financial services providers are usually transparent about their regulatory compliance and provide information about the jurisdictions in which they are authorized to operate. The website does not provide clear information about regulatory compliance or the oversight of its operations. 6. Disclaimers and Risk Warnings: The website includes disclaimers and risk warnings, stating that the material and information provided are strictly for educational use and should not be taken as financial guidance. While disclaimers are common in the financial industry, they should not be used to absolve a company of responsibility for potentially misleading or deceptive claims. 7. Limited Company Information: The website provides limited information about the company behind atfunded, AT Global Markets LLC. Legitimate financial services providers typically offer more comprehensive details about their corporate structure, leadership team, and history. 8. Use of Demo Accounts: The website mentions that atfunded offers only demo accounts to all users registered for the free trial, atfunded challenge, and verification products. This could be a tactic to lure users into a false sense of security, as demo accounts do not involve real financial risk or the same level of commitment as live trading. 9. Geographic Restrictions: The website states that atfunded reserves the sole right and discretion not to provide services to residents of certain jurisdictions, including the United States and several other countries. This selective approach to service provision could be a way to avoid scrutiny from regulatory authorities in those jurisdictions. 10. Lack of Independent Verification: There is no mention of independent verification or auditing of atfunded's operations or financial standing. Reputable financial services providers often undergo independent audits to demonstrate their financial stability and adherence to industry best practices. Based on these factors, it is advisable to approach atfunded.com with extreme caution and to conduct thorough due diligence before considering any involvement with the platform. It's important to remember that the financial industry, particularly online trading and investment, is rife with scams and fraudulent schemes, and it's crucial to prioritize the security of your funds and financial well-being."

• Lack of Regulation, Unrealistic Profit Claims, High Sign-Up Fee, Limited Information on Risk and Terms, No Regulatory Compliance Information, Disclaimers and Risk Warnings, Limited Company Information, Use of Demo Accounts, Geographic Restrictions, Lack of Independent Verification