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Audemart Review – Is it scam? Yes.


General Information

Broker Name: Audemart
Broker Type: Forex
Country: Estonia and St. Vincent and the Grenadines
Operating since year: 2004
Regulation:
None
Address:Beachmont Business Centre, Suite 59, Kingstown, St. Vincent and the Grenadines
Harju Maakond, Tallin, Kesklinna linnaosa, Roosikrantsi tn 2-1134, 10119, Estonia
Broker status:
Unregulated
Customer Service

Phone: +41449746233
Email: [email protected]
Languages: English and German
Availability: Monday – Friday: 9:00 – 18:00 GMT+2, Saturday: 9:00 – 12:00 GMT+2
Trading
Trading platforms: Proprietary
Trading platform Time zone:-
Demo account: Yes
Mobile trading: Yes
Web-based trading: Yes
Bonuses: No
Other trading instruments: Yes
Account
Minimum deposit ($): -
Maximal leverage: -
Spread:
Floating
Scalping allowed: No

AUDEMART REVIEW CONTENT:

GENERAL INFORMATION

    • FUNDS TRADING AND SECURITY
    • TRADING ACCOUNTS
    • TRADING CONDITIONS
    • TRADING PLATFORM
    • AUDEMART’S TRADING PRODUCTS
    • CUSTOMER SERVICE
    • CONCLUSION

Audemart is a broker that is based in St. Vincent and Grenadines. They claim to have been on the market since 2004. However, our research did not find any mention of them going back that far. In fact, most information we saw, shows that the company has only been around in 2020. As a rule, falsely claiming being operational for longer than in reality, usually means that the broker is a scammer and is trying to faint legitimacy by falsifying a long-standing record.

It also seems that the broker’s website is filled with vague statements. These seem more like motivational phrases than relevant information, that serious traders would be looking for. All this has to lead us to suspect that Audemart might be a scam broker.

Audemart Regulations

Broker firms are usually regulated by officially authorized organizations. This is a must-have for any broker website, as it is the only guarantee that the broker is above the board. However, Audemart doesn’t seem to have any regulators associated with it. We assume as much because there is no mention of such information anywhere on their website. In addition to this, Audemart is an offshore broker, which means that they are legally untouchable, in case something goes wrong. It is a bad combination when a broker that seems as lacking in transparency as Audemart is offshore as well as unregulated. Quite frankly, this seems like the perfect storm for fraud.

Account types

Audemart continues to be vague as we move onto account types. Usually, brokers offer a number of different types of accounts, with varying minimum deposits and respective benefits and perks. However, Audemart seems to lack any information not only on the conditions of the accounts but also on the number of them. Though there is a possibility that there is only one account type provided by the website, this would be a very poor indicator even for a legitimate broker. Not to mention that as a rule, the broker usually has at least an additional demo account. This is an account that is used to get acclimated to the broker’s trading style and to see how transparent their transactions are in reality. Not having these options only solidifies the fact that this broker is clearly fraudulent.

Audemart Review Trading Platform

Brokers commonly use an industry-standard trading platform, such as MetaTrader 4. The reason for this is that it is a tested and reliable platform and therefore is easily recognizable as a plus for a broker. Other brokers though, elect to use a proprietary platform that they have developed on their own. This can also work but, usually is only successful for well-established firms.

Audemart Review However, when an unknown and dubious broker, like Audemart uses an in-house developed platform. It indicates that they are not a professional firm that is oriented at the longevity of their firm or their reputation but at taking as much money from as many people as fast as possible.

Customer Service

Customer service is non-existent for this broker. First of all, it has inconsistencies as to what it’s address is. Secondly, even though they have many options on how to contact them, such as phone, email, Skype, and WhatsApp. There is no point in trying any of these as you will not be able to get any clear answer if any at all. Below are their contact information.

Phone: +41449746233
Email: [email protected]

Audemart Review: Conclusion

Our Audemart.com review I think quite clearly lays out all of the information and evidence as to why we are positive, that they are a scam broker. Their real threat is towards novice traders, who are less aware of the apparent danger than the more experienced players.

audemart Review
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Comments Rating 1 (243 reviews)


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243 Comments

  1. David Wylly March 28, 2024
  2. Will Fergusson November 24, 2023
  3. Jett McAdam May 30, 2023

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