“Start your trading journey with a great partner” is an enticing offer from a broker named Arbitrage Genius. The company confidently claims that it would be hard for traders to find a better service – a claim we can definitely dispute. Where is the license, when was the platform launched, what business model is applied, and where is the legal address located? In general, it’s hard to call the firm the best; rather, it seems more like a scam. Online reviews show a mixed picture, with both positive and negative comments. A deeper investigation is necessary.
Table of Contents
Highlights
| 🏛️ Country | – |
| ⚠️ Regulation | – |
| 🖥️ Website | https://arbitrage-genius.ai/ |
| 🎲 Demo Account | No |
| ⏳ Start Time | 2023 |
| 💲 Minimum Deposit | €5,000 |
| ⚖️ Minimum and Maximum Leverage | 1:10-1:50 |
| ⚙️ Trading Platform | WebTrader |
| support@arbitrge-gns.com | |
| 📞 Phone | – |
First Impression of Arbitrage-genius.ai
The official website introduces us to the conditions, platform, contacts, legal documents, and other data. However, Arbitrage Genius completely fails to disclose details regarding its operations. There’s a lot of text on the site, but it lacks substance and specifics. It seems as though it was added just for the sake of being there.
Visitors to the site are greeted with a motivating phrase about starting trading with the best broker, which apparently has no equals. The firm even inserted a photo of a person looking at their smartphone screen and rejoicing in the profit they presumably make from trading with Arbitrage Genius. With such implications, the broker tries to nudge users towards opening an account quickly, but such an approach is unlikely to be effective.
The website is template-based, which is immediately noticeable. Clichéd tools are used, such as fabricated reviews from fictitious clients of the broker with photos taken from the internet, or pseudo-advantages that are not explained at all. Arbitrage Genius has presented a low-quality, uninformative, and boring official site.
Partnership and Bonuses
Traders can receive deposit bonuses from the broker. However, it’s important to consider the terms and rules associated with these bonus funds. Arbitrage Genius requires traders to achieve a turnover equal to the bonus amount divided by 4. For example, if a client receives a $500 bonus, they need to trade 125 lots to make the bonus and profits withdrawable. These conditions may not be advantageous. There’s also a 60-day time limit.
Arbitrage Genius also offers a partnership program with several reward options:
- CPA: Up to $1,000.
- Per Lot: Up to $20.
- RevShare: Up to 50%.
Account Opening on Arbitrage-genius.ai
The process of creating a client portal begins with providing personal information: name, contact details, country, and a promo code. Arbitrage Genius also requires an agreement to its terms and confirmation that the user is over 18 years old.
After entering this information, the client portal interface opens with a warning: “In order to use this function your account should be approved,” indicating that account activation requires contacting Arbitrage Genius managers. This approach seems inconvenient and impractical.
The interface of the personal account appears very basic. Clients have access to fundamental functions such as editing personal details, uploading documents for KYC, changing the color scheme from dark to light, and viewing transaction history. Notably, a demo account in Arbitrage Genius was not found.
Verification
Before depositing funds, traders must provide documents for verification. The KYC procedure in Arbitrage Genius is standard and similar to other companies. It requires uploading a copy of an identity document, proof of residence, and a bank card with partially obscured numbers, including the CVV. The processing time for KYC remains unknown. Caution is advised before uploading documents without verifying the company’s reliability, as it’s unclear where your personal data might end up.
- None.
- A photo of the bank card is required.
- It is unknown how long the KYC verification process will take.
Trading Software
It appears that account activation is also necessary to access the trading terminal. Without it, access to Webtrader, as shown in the client portal, is not possible. Arbitrage Genius offers not only a web version of the platform but also desktop and mobile versions. However, iPhone users are not provided with a mobile app, only a download link for the Android terminal is available. These programs are downloaded directly from the broker’s site, not the official app stores. Downloading and running unfamiliar software on your devices is generally not recommended.
The terminal in Arbitrage Genius has the following features:
- Tools for graphical and technical analysis, as well as indicators.
- Price alerts.
- All order types.
- Statistics and history.
- One-click trading.
Such lesser-known platforms are often found to be unsuitable for comprehensive trading. It’s doubtful that Arbitrage Genius provides traders with a multifunctional and advanced terminal suitable for serious and successful trading.
| Features | Arbitrage Genius | Korata | AME Capitals |
|---|---|---|---|
| Demo Account | ❌ | ❌ | ❌ |
| Mobile App | ✔️ | ✔️ | ✔️ |
| Own Development | ❌ | ❌ | ✔️ |
How Can I Trade With Arbitrage Genius?
Clients have access to various asset classes: forex, metals, indices, commodities, cryptocurrencies, and stocks. The minimum deposit, leverage, and other conditions vary depending on the chosen account type. Let’s take a closer look at the types of accounts.
All Info About Accounts
In Arbitrage Genius, there are five tariff plans, with surprisingly high minimum deposit requirements. For example, the most basic account type is only accessible with a deposit of €5,000. This is particularly notable given the absence of a demo account. It means if a client wants to test the service, they must invest a minimum of €5,000. Where is the customer orientation in this? The owners of the first account type have access to leverage of 1:10, full 24/5 support, volumes from 0.01 lots, and assistance from an experienced personal manager.
The second account type requires €10,000 and offers nothing more than leverage of 1:20 and volumes from 0.02 lots, making it hardly different from the first. This raises the question of the necessity of such a tariff. Reviewing the other packages in Arbitrage Genius seems pointless, as they require huge sums that few would likely be willing to invest in an obscure firm. However, the additional services deserve some attention:
- Signals.
- Investments news.
- Free VPS.
The service is highly unprofitable. The broker makes feeble attempts to extract more money from clients by offering more services for a higher deposit, which seems rather ludicrous. Indeed, the tariffs differ minimally from each other.
Moreover, Arbitrage Genius does not disclose the size of commissions and spreads. It’s even unclear what type of spread is used here. Curiously, leverage increases with higher tariffs, which should be the opposite. Why would traders with more capital need higher leverage, when it’s usually more necessary for clients with smaller deposits?
Cent accounts, swap-free, and ECN options are conspicuously absent. Many standard services and features simply aren’t offered in Arbitrage Genius. It’s unclear how the broker plans to compete with other companies in the industry.
- Not found.
- €5,000 – too high a threshold for initial deposit.
- The demo cannot be tried, and an Islamic account is not available.
- Many conditions are hidden, for example, commissions and spreads.
Market Analysis and Education With Arbitrage-genius.ai
Clients can utilize additional analytical tools and widgets such as the crypto market, economic calendar, exchange ticker, market quotes, technical analysis, and exchange operating hours. Fresh analytics from professionals and educational courses are not offered. It is another significant drawback of Arbitrage Genius.
Deposit, Withdrawal, and Fees
Deposits are accepted not only in EUR but also in USD or GBP. In this regard, Arbitrage Genius supports various money transfer methods: electronic wallets (Neteller, Skrill, and others), bank wire transfers, credit/debit cards, and Bitcoin. No commissions are charged, but the processing time for withdrawal requests is ignored. By the way, withdrawals must be made using the same method as the deposit.
| Features | Arbitrage Genius | Liberty Commercial Finance Limited | LumineTrade |
|---|---|---|---|
| Debit/Credit Cards | ✔️ | ✔️ | ❌ |
| Electronic Payments | ✔️ | ❌ | ❌ |
| Crypto Transfers | ✔️ | ✔️ | ❌ |
| Deposit Fee | ❌ | ❌ | ❌ |
| Withdrawal Fee | ❌ | ❌ | ✔️ |
How Can I Contact It?
There’s only one email address available for contacting the company’s managers. However, you can still try your luck by sending a request for feedback through a special form in the contact section of the website. Apparently, Arbitrage Genius is not particularly keen on being contacted by users; otherwise, why isn’t there a phone number or online chat? Why only one email? Do the finance department and the KYC department also use this email?
- There is a real email address.
- There is no phone number or online chat.
Is Arbitrage Genius Dangerous?
Mandatory account activation through managers appears extremely suspicious, as such a practice is rarely encountered among popular and well-known forex brokers. Perhaps the company wants to extract more money from traders before they make a deposit? Quite possible. Also concerning is the lack of standard services and features such as demo accounts, swap-free options, analytics, and educational courses. For now, we cannot definitively label the firm as a “scam,” but we can do so after reviewing the duration of Arbitrage Genius’ operations and its licenses.
How Long Does The Broker Work?
Thus, the operational duration of any company reveals a lot. If a firm is newly established, it poses a high risk and lacks a reputation. So when did Arbitrage Genius appear in the forex industry? Unknown, because they do not provide such information on their website. Looking at the few online reviews and the site’s young domain, one might assume that the broker only started operations in 2023. Incidentally, the domain was registered only in May 2023.
How Is Arbitrage Genius Regulated?
Regulation of brokerage activities is a crucial parameter that should be considered almost immediately when choosing a company. However, Arbitrage Genius says nothing about having a license. Moreover, we don’t even know which registries to check to confirm the absence of a license, as the legal address is also not provided.
Now there are no doubts about fraudulent activities. A verified, open, and honest broker would not hide its registration address, regulation, and founding date. Only scammers operate in this manner.
| Features | Arbitrage Genius | NFG Finance | Orca Investment Group |
|---|---|---|---|
| European Zone | ❌ | ❌ | ❌ |
| Asian Zone | ❌ | ❌ | ❌ |
| American Zone | ❌ | ❌ | ❌ |
| African Zone | ❌ | ❌ | ❌ |
| Offshore | ❌ | ❌ | ❌ |
Frequently Asked Questions (FAQ)
How to Trade With Arbitrage Genius?
Is Arbitrage Genius Legit?
How Risky Is It?
Kevin Berry First and foremost, when you visit a brokerage firm’s website, you need to check the date of establishment, details, documents, and licenses. If this information is not available, then you can confidently close the fraudulent website and look for another intermediary. Arbitrage Genius is a group of anonymous scammers whose goal, through a fake brokerage project, is to steal your money. There are many such pseudo-brokers on the internet, so it’s important to first check the activity and then decide on opening an account. These fraudsters didn’t even try to create a somewhat decent platform. It’s not worth taking such a huge risk; it’s better to cooperate with well-known organizations.
Arbitrage Genius rating
2 reviews about Arbitrage Genius
I advise avoiding trading with such pseudo-brokerage companies. These are fake brokers, created by scammers and criminals. Moreover, they are anonymous. There aren’t many victims, so don’t be the next one.
Scoundrels, they stole my money and don’t want to return it. They even refused to communicate with me. The scammers have completely ignored me; they don’t respond at all, even though I send them requests every day. Arbitrage Genius are geniuses of fraud, but certainly not of arbitrage. These fraudsters stole 10,000 euros from me. Moreover, I didn’t even make a profit, I just lost money. I invested 12,000 euros, and quickly lost 2,000 within a week, as the trading conditions did not allow for normal and profitable trading. And they won’t pay out the remaining 10,000. What can be done about this fraud? Is there any way to influence them?