terminal.act-financial.pro Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

The website terminal.act-financial.pro claims to be a platform for trading various financial instruments, including stocks, forex, cryptocurrencies, indices, and commodities. It emphasizes the ability to trade with leverage and offers information about its regulatory status and risk warnings. However, several red flags and concerning elements can be identified: 1. **Unverifiable Regulatory Claims:** The website repeatedly mentions being regulated by the Dutch Authority for the Financial Markets (AFM) and compliant with the EU's Markets in Financial Instruments Directive (MiFID II). However, these claims are not independently verifiable, and the lack of specific registration numbers or links to official regulatory databases is suspicious. 2. **High Leverage and Risk Warnings:** The promotion of high leverage, such as the ability to control a $200,000 position with a $10,000 deposit, is a common tactic in risky trading platforms. While the website includes a generic risk warning, it may not adequately convey the significant risks associated with leveraged trading. 3. **Vague Company Information:** The website provides limited specific information about the company behind the platform. While it mentions being registered in the Netherlands and having a Legal Entity Identifier (LEI) code, this information is not sufficient for due diligence. 4. **Generic Contact Information:** The contact details provided, such as a phone number and email address, are generic and do not offer insight into the physical location or legitimacy of the company. 5. **Ambiguous Address:** The address listed for the company is in the Isle of Man, which is a well-known offshore financial center. Offshore locations can be used for regulatory arbitrage and may not offer the same level of investor protection as more established financial jurisdictions. 6. **Overemphasis on Profit Potential:** The website heavily emphasizes the potential for profit through trading, but it does not provide balanced information about the likelihood of losses or the challenges of successful trading. 7. **Lack of Independent Reviews or Testimonials:** There are no independent reviews or verifiable testimonials from actual users of the platform, which is common on legitimate trading websites. 8. **Inconsistent Copyright Date:** The copyright date at the bottom of the website (2024) is inconsistent with the current year and may be an oversight or an attempt to appear more established than the site actually is. 9. **Use of Non-Deliverable Over-the-Counter (OTC) Instruments:** The risk warning mentions transactions with non-deliverable OTC instruments, which can be particularly complex and risky for retail investors. 10. **Lack of Transparency on How the Company Makes Money:** While the website mentions making money through the spread, it does not provide detailed information about its revenue model or potential conflicts of interest. Based on these observations, it is advisable to exercise extreme caution when considering any engagement with this platform. It is highly recommended to conduct thorough independent research, seek advice from financial professionals, and be wary of high-risk trading platforms that may not prioritize the best interests of their users."

• Unverifiable Regulatory Claims, High Leverage and Risk Warnings, Vague Company Information, Generic Contact Information, Ambiguous Address, Overemphasis on Profit Potential, Lack of Independent Reviews or Testimonials, Inconsistent Copyright Date, Use of Non-Deliverable Over-the-Counter (OTC) Instruments, Lack of Transparency on How the Company Makes Money