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Arbitrage Markets Review | Can it be Trusted or it's a Scam?

by Kevin Berry
Rating: 
  1.2/5   Reviews: 2
Arbitrage Markets - logo

Arbitrage Markets offers to accumulate profits by trading with different assets all over the world. However, what kind of firm is this, and can it be trusted? Or is it a scam that definitely should not be invested in? The official website provides interesting statistics: 9 years of experience, 40,000 active traders, and 7 offices in different countries. However, the broker forgot the most important thing – to provide evidence supporting these numbers. The contact section lists an address in the United Kingdom, and the “regulation” section mentions a license from the FCA, but all this still needs thorough verification. Reviews of the platform on the internet are hard to find, so it’s unlikely to be popular.

Highlights

🏛️ Country United Kingdom
⚠️ Regulation
🖥️ Website https://arbitrage-markets.com/
🎲 Demo Account No
⏳ Start Time 2023
💲 Minimum Deposit $500
⚖️ Minimum and Maximum Leverage
⚙️ Trading Platform WebTrader
📨 E-mail support@arbitrage-markets.com, compliance@arbitrage-markets.com
📞 Phone +442033182729

First Impression of Arbitrage-markets.com

The official website of this broker is some kind of one-page landing. At the top of the page, there is a panel with information about account types, the company, traded asset classes, legal documents, and contacts. However, clicking on some sections redirects to a specific place on the main page, rather than opening a separate page. So, the Arbitrage Markets website gives off a vibe of cheapness.

Arbitrage Markets - site

The design is equally dreary and cheap. Yellow text on a black background does not allow comfortably exploring the information, and the font chosen is maximally unfortunate. There are no graphics, as well as meaning and usefulness in the text. If there were an award for the worst website, Arbitrage Markets would definitely win it.

Partnership and Bonuses

Apparently, an affiliate program is not offered by Arbitrage Markets. So, a good and stable additional source of income for traders is absent here.

Bonuses and other promotions are also not mentioned. It’s unclear how the company attracts new clients.

Account Opening on Arbitrage-markets.com

To register an account, it’s enough to click on “Sign up” on the main page, then enter your first name, last name, email, and phone number. It’s strange that there is no need to create a password and specify the country of residence. Moreover, Arbitrage Markets does not ask to agree with the terms. Apparently, a user agreement does not exist, as such a document was not found on the site.

Registration

After successfully entering the data, a second window opens, thanking us for registration and kindly informing that a financial advisor from Arbitrage Markets will contact us within the next 24 hours. And here arises the question: “Why?”. Why not just create a personal account to explore it, see what opportunities are available to traders, and also test the terminal? By the way, a demo account is absent, as the broker does not even mention it.

Registration (2)

This approach is not found in popular and verified companies. Usually, fraudulent firms themselves contact potential clients to gather additional information, and then scam them out of money. Do Arbitrage Markets do the same? Quite possibly.

Verification

Based on the information contained in the KYC document, it can be concluded that Arbitrage Markets requires all clients to undergo identity verification. Firstly, users need to provide all their true personal information: name, age, current address of residence, profession, or occupation. Secondly, confirm this information with documents. This can be a passport or ID card. To confirm the address of residence, the firm accepts utility bills or bank statements:

  • Copy of a recent utility bill.
  • Local tax authority bill.
  • Bank statement.
  • Credit card monthly statement.

However, we advise against rushing to upload documents to Arbitrage Markets. It’s essential first to thoroughly investigate the firm for potential negative factors. It’s not entirely clear whether this company is reliable or not. Your personal data could end up in the wrong hands.

Pros
  • There is a document that details KYC and AML, and why it is necessary.
Cons
  • The firm requires many documents.

Trading Software

There’s not much information about the platform on the official Arbitrage Markets website. And since we cannot register an account to access WebTrader and assess the terminal, its interface, and features with our own eyes, the only option left is to trust how the broker describes its software.

Terminal

Notably, there’s no separate section dedicated to the terminal on the Arbitrage Markets site. Indeed, why should traders know what platform awaits them and what features it has? That was sarcasm, just in case.

So, the broker claims that the platform is adapted for mobile phones and computers, not just for browser trading. And that’s all. Yes, you heard right. Arbitrage Markets mentioned that the platform is available on PCs and smartphones but did not describe its capabilities and functionality. Does the terminal support pending orders? What about indicators and advisors for automated trading? How many indicators are available, and what tools for technical analysis? Essentially, it’s a global mystery.

Features Arbitrage Markets TRXprotrade VastWealth
Demo Account
Mobile App ✔️
Own Development

How Can I Trade With Arbitrage Markets?

Clients have access to more than 200 assets, albeit in the form of CFDs, not spot or futures. However, there’s no reason to rejoice because the maximum number of financial instruments depends on the account type. Next, we will look at what tariff plans are offered to users in Arbitrage Markets.

All Info About Accounts

The company has developed as many as 10 tariff plans. They are characterized by the fact that the better the tariff, the more money you need to have in your balance, but in return, more additional functionality is available. The minimum deposit in Arbitrage Markets is $500 – exactly the amount needed to open the first type of account. And do you know what clients get on this tariff? Nothing. Literally. According to the description, only access to the trading platform, but this is somewhat obvious and not hard to guess. However, in the second tariff, which starts from $3,000, 20 assets and three sessions with a portfolio manager are added. Cool, right?

Account types

The third, fourth, and fifth tariffs, and so on have inadequate requirements for the minimum deposit – $5,000, $10,000, and more. Meanwhile, each time more and more markets become available for trading, as well as a bit of additional services:

  • Social trading.
  • Risk-free trades.
  • Personal analyst.
  • Signals.
  • Update on IPOs.

It’s pointless to consider these options because you need to replenish the deposit with hundreds of thousands of dollars to gain access to them. Arbitrage Markets clearly tries to extract as much money as possible from its clients. By opening the minimum tariff, traders get nothing, their hands are tied, and to get more opportunities, one has to invest more serious amounts.

Several important drawbacks of Arbitrage Markets are worth noting. Firstly, there is no demo account, nor an Islamic one. Secondly, spreads are not specified, and commissions are indicated as zero. How does the broker earn if the main source of income is absent? And how profitable is it to work here? Thirdly, what is leverage? In general, there are more questions than answers.

Pros
  • None.
Cons
  • High minimum deposit.
  • Inadequate trading conditions.
  • No opportunity to practice on a demo.
  • Spreads are not specified.

Market Analysis and Education With Arbitrage-markets.com

The main page features online quotes for Bitcoin, Ethereum, Gold, GBP/USD, and EUR/USD, which do not carry any particular benefit. Meanwhile, Arbitrage Markets does not offer an economic calendar and news feed, but small educational materials on technical and fundamental analysis, trading, and risk management are available.

Deposit, Withdrawal, and Fees

How can you replenish the deposit balance and withdraw funds? A good question with no answer. The fact is, Arbitrage Markets does not disclose information about money transfer methods. Even logos on the main page of the site are absent. Moreover, commissions and processing times for withdrawal requests are not specified. So, one can only guess how funds could be transferred.

Features Arbitrage Markets Modus UK Limited General Trust Group
Debit/Credit Cards ✔️ ✔️
Electronic Payments ✔️
Crypto Transfers ✔️
Deposit Fee
Withdrawal Fee

How Can I Contact It?

Two email addresses and a phone number are displayed on the site. And their verification revealed interesting things. For example, the email addresses are fake, so you cannot contact either technical support or the compliance department. Likely, the phone number at Arbitrage Markets is also fake.

Fake email

The headquarters address is listed at 24 Bank Street, London. Do you know whose headquarters is located at this address? J.P. Morgan. We suspect that the office address is also fake. Moreover, Arbitrage Markets did not create online chat and social media accounts.

Pros
  • None.
Cons
  • Fake contact information.

Is Arbitrage Markets Dangerous?

We can already conclude that we are dealing with another fraudulent company. Such trading conditions and registration conundrums are hardly signs of a safe and reliable broker. Moreover, fake contact information should definitely raise serious suspicions about the legitimacy of the organization. However, to be 100% sure, we will check Arbitrage Markets in the UK registries, as likely, the legal address and licenses are also fake.

How Long Does The Broker Work?

First, about the period of operation, as this is an important part of any company’s activity. The main page boasts “over 9 years of experience,” but then why was the domain of the official website only registered on September 10, 2023? How could an online broker operate without a website? And how can Arbitrage Markets confirm that they have indeed been operating for such a long time?

Domain

How Is Arbitrage Markets Regulated?

And now to the most interesting part – licenses and registrations in the UK. First, we will check the FCA registry for the existence of such a firm.

Arbitrage Markets - FCA

It turns out that there is no such company in the FCA. Arbitrage Markets definitely did not receive a license from this regulator. The license number listed on the site, 789606, leads us to the page of a regulated organization, Arbitrage Capital Limited. It has a similar name, so it can be confused. We suggest paying attention to the official website listed on the card of this firm, then everything will be clear. Our review’s hero boasts someone else’s license.

Arbitrage Markets - FCA (2)

Do Arbitrage Markets actually exist? Likely not, as there is no such firm in the UK’s registry of legal entities. The search yielded no results.

Companies House

Features Arbitrage Markets Geratsu All Capital Trade
European Zone
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

Kevin Berry
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Expert Opinion

Do fraudsters really think that simply listing a license number will make everyone believe it? Checking regulation is very simple and takes no more than a minute. The same applies to legal address. Arbitrage Markets was created by some stupid scammers. I hope that none of the traders fell for this blatant and foolish scam. Any financial investment here is lost money, with no possibility of return. Therefore, it’s so important to do fact-checking before deciding to cooperate and replenish the deposit.

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Arbitrage Markets rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

2 reviews about Arbitrage Markets

GOREM February 1, 2024 - 23:08
It's a fraud, 100%
The level of trust
Quick withdrawal of funds
Efficiency of technical support

There are very few reviews of the broker on the internet, plus their license belongs to another firm. I’m telling you for sure, they are fraudsters, without a doubt. Their platform is fake because it’s a typical 100% B-Book scam. They have anonymous management, which is a serious red flag. No one knows about the existence of such an organization; its popularity is at rock bottom, simply non-existent.
The trading conditions are a topic on their own. I don’t even particularly want to comment, as such conditions presented here are only found in fraudulent firms. In short, it’s a fraud.

Reply
John Smith February 10, 2024 - 11:25
Doubtful!
Efficiency of technical support

So, when will they contact me? So much time has passed, and the manager has not called. I submitted a registration request last week, but no one has called me back. Is this normal? Is everyone else having the same situation with Arbitrage Markets? After such treatment, I’ve already changed my mind about cooperating with the firm. IMHO, if a broker is client-oriented, it immediately does what it promises. But here, it seems we have some bluffers. It reeks of fraud, to be honest. I don’t know what you think, but it seems to me that it’s better not to try to start trading here.

Reply

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