There are countless brokers looking to make their mark in the industry today. However, not all brokers can be trusted. Some brokers are only looking to make themselves profitable with no regard to the profitability of their clients. We need to choose a broker who is equally invested in our successful as we are too. Today we’re going to be an A3Trading review. This review should tell us everything we need to know about this broker and whether it is a scam or legit service.
About Broker A3Trading
A3Trading is a brokerage service that provides you with a platform to trade different types of financial instruments. This firm is owned by Commodius FX Limited and is based just out of Port Vila, Vanuatu. What this means is that A3Trading is an offshore broker in the forex industry.
It is unclear when this broker first started providing their services as they haven’t listed it anywhere on their platforms online. However, they provide you with currency pairs, commodities, indices, stocks, and cryptocurrency to satisfy your hunger to trade in the market.
In this review, we will go through the different features and services offered by A3Trading. We will also analyze the reviews left by past clients of this brokerage service. By the end of this review, we should be able to determine whether A3Trading is a scam or legit service provider.
A3Trading Regulations
One of the most important aspects to look out for with any broker is whether or not they are regulated. What this means is that we’re looking to see if there’s a financial firm that is overseeing its balance sheets to ensure that they aren’t taking part in any fraudulent activity.
During our review of A3Trading, we viewed that on their website, A3Trading claims to be regulated by Cyprus Securities and Exchange Commission under Wanakena Limited. We also saw that they claim to be regulated under Seychelles Financial Services Authority as well.
It is important to note that after double-checking with Wanakena Limited, we can now reveal that they have no connection with A3Trading. We also checked with the FSA at Seychelles, which revealed that they were previously regulating A3Trading, but they don’t do so anymore.
A3Trading Assets for trading
Now you must be thinking, what is causing people to invest with an unregulated broker that is based offshore? The answer is simple. It is because they are able to provide much more financial assets for trading than a regulated broker or one that is based on the mainland.
One of their most popular offerings is their commodity trading. A3Trading provides a wide variety of commodities up for trading. These include several different non-renewable energy resources like oil and natural gas. It also includes precious metals like gold, silver, and cobalt.
They also offer other financial assets like currencies, crypto, stocks, and indices. Cryptos are the fastest-growing trading instruments, and you can even trade them on the weekends, unlike other financial assets. A3Trading offers different types of cryptos, including Bitcoin and Litecoin.
A3Trading Trading Platform
One of the biggest downsides to trading with A3Trading is the fact that they don’t provide you with any of the Meta Trader platforms. The MT4 and MT5 are by far the most popular trading platforms. If a broker does not offer these platforms, it can be a deal breaker for many traders.
There are also some traders who actually prefer to use a proprietary trading platform like the ones being offered by A3Trading. This is because it gives them a more customized experience and makes them feel part of the team. Here are the platforms offered by A3Trading to its clients:
A3Trading Web Platform
A3Trading provides you with a web trading platform to perform trading. This platform is perfect for those of you who are trading as a large-scale business. You can set up the web platform on the many screens of your trading firm or company for good screen functioning and monitoring.
Through the web trading platform, you can have access to all 30,000 of their trading assets. This should be more than enough for you to perform to the best of your abilities. The best part about the web platform is that there is no download requirement. Just open it on a web browser.
A3Trading Mobile Platform
A3Trading also provides you with a mobile trading platform. This is the most popular trading platform of the two that they are currently offering. A mobile trading platform gives you the benefit of being able to trade from anywhere in the world, just by reaching into your own pocket.
A big concern most people have when using a mobile trading platform is if the app is easy to use. The last thing anyone wants is to get stuck with an app that keeps crashing. We want an app that is easy to understand by even the average person, and this is provided by A3Trading.
A3Trading Trading Tools
Trading tools are an important means of becoming profitable for any trader. These tools are meant to enhance your trading strategies and ensure that the trades you place are going to be profitable. A3Trading provides its clients with a number of useful tools for trading purposes.
One of the greatest tools or services offered by A3Trading is their daily market review. This broker is providing you with a review of the market trends and patterns on a daily basis. This can seriously give you a head start in knowing what to expect in the market in the day ahead.
A3Trading also provides you with an Economic Calendar. This is a calendar that gives you details about any upcoming economic or political event that will impact the market. Although this is a useful tool to have, it is also provided by other financial platforms, not just at A3Trading.
Looking to view the price charts without even making an account? A3Trading provides everyone with a live view of the forex and commodity markets even if they’re not going to place a trade. This can give you a pretty good idea of what their spreads look like before signing up with them.
A3Trading Trading Courses
As a beginner trader, you’re going to be looking for a broker who will support you in your education as well. You need to know that a broker wants you to succeed just as much as you do. A3Trading provides you with a number of resources to support your growth in this industry.
One of the most unique features of A3Trading is the fact that they offer personal training for all potential clients. If you’re looking to start your trading career with A3Trading, you can schedule a one-on-one session with a representative who will provide you with good basic training.
Aside from this, they also provide you with several video tutorials and blog posts that can help you learn at your own pace. If you’re looking for webinars or e-books on financial trading, this is also something that is provided by A3Trading. This is a broker that encourages new traders.
A3Trading Opinions & A3Trading Complaints
“Yes, it is a big scam. When I requested a withdrawal request, they are asking credit card photos covering the middle 6 numbers and signed documents. How can they send money to a credit card using that photo? Cheating.”
“A3Trading’s platform is very advanced and a breeze to use, as is the mobile app. I’ve been using them for a few months now and don’t have a single bad thing to say.”
“Fake traders. I was new at trading, and they offered me advice. In the beginning, they show you earnings that you cannot explain. It seems that they manipulate the balance and always pressure to put more money in then the advice is very bad, so you lose everything. I lost all my savings.”
“I've been trading for 2 weeks using my phone and tablet, and both have all the functionalities I could want. It’s great. I will continue using this broker if they give me good services.”
“I invested 5000$, and the balance reached 20000$, but unfortunately the market crashed, and my open bookings went into negative and all the money, mine, as well as the company’s, contribution, all, became zero!! Don’t know how far this is genuine or not genuine.”
A3Trading Review Conclusion
After considering the different features offered by A3Trading and the reviews given by past clients, we can conclude that this broker is not worth the hype. There is a lot of suspicious activity being shown by this broker, like the fact that they lied about their regulations and that they aren’t performing smooth withdrawals for their clients.
A3Trading is great in the aspect that they provide a decent number of trading tools to enhance your profitability. They also have really good educational resources for beginners. However, they don’t provide the Meta Trader platforms. Their own proprietary platforms are still user-friendly and can be customizable to your liking. Always trade at your own risk!