AUDEMART REVIEW CONTENT
- GENERAL INFORMATION
- FUNDS TRADING AND SECURITY
- TRADING ACCOUNTS
- TRADING CONDITIONS
- TRADING PLATFORM
- AUDEMART’S TRADING PRODUCTS
- CUSTOMER SERVICE
- Broker Name: Audemart
- Broker Type: Forex
- Country: Estonia and St. Vincent and the Grenadines
- Operating since year: 2004
- Regulation: None
- 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
- 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 platforms: Proprietary
- Trading platform Time zone:
- Demo account: Yes
- Mobile trading: Yes
- Web-based trading: Yes
- Bonuses: No
- Other trading instruments: Yes
- Minimum deposit ($): /
- Maximal leverage: /
- Spread: Floating
- Scalping allowed: No
Broker Review: Audemart
Audemart is a brokerage service provider that claims to have been around since 2004. However, that claim is highly suspicious and is quite possibly just a way to gain the trust of potential customers. Numerous fact-checking sites say that they’ve been founded in 2020, and there’s a suspiciously low amount of reviews for a broker that has allegedly been on the market for over a decade. That already raises a few alarms; however, we will inspect the broker further in our Audemart review.
Funds Trading and Security
When you open Audemart’s website, it looks like you’ve stumbled upon a quality broker. Their webpages look sleek and professional, and the entire site runs quite smoothly. There are a ton of inspirational quotes, and all in all, everything is well-put-together. However, you shouldn’t judge a book by its covers.
Although the website looks nice, there’s nothing of substance to back it up. Namely, the broker is unregulated and located offshore, and any actual info about their services is hidden. All that signals towards Audemart being a scam, as there’s not a single reason to believe an actual broker would pull such stunts.
Accounts are a perfect example of the thing we just said about info being hidden. There’s no trace of info about account types or specifications on Audemart’s website. Namely, it’s unclear whether they have different account types at all or how much you need to invest to begin trading. Getting any of the info above requires signing up and inputting your phone, address, and email.
To continue along the same line as the previous section in our Audemart review, the trading conditions are entirely vague. Namely, before signing up, you can’t check the leverage they provide, the spreads, or even the deposit and withdrawal methods you can use.
The website seems to present itself as a group of financial advisors to lure you in. However, they have no legs to stand on, as nobody can confirm their alleged experience of over a decade. You wouldn’t trust a random stranger on the street with your funds, so there’s no reason you should trust Audemart.
While they try to cover it up using fancy terminology and empty praises, the platform Audemart uses is just another custom piece of junk. Custom software is a favorite tool of scam brokers, as it’s cheaper and easier to install, while it looks like they put in extra effort to the uninformed. Proprietary platforms like that one, however, often perform poorly, look miserable, and are unintuitive to use.
To make matters even worse, the lack of a demo account means you can’t even test the platform out before you invest. As we said earlier in our Audemart.com review, hiding information is one of the clearest indicators of a scam, so there’s no reason to believe Audemart isn’t one.
Audemart’s Trading Products
The products you can trade at Audemart remain a complete mystery, as there’s no info on their website regarding anything important. For a company of allegedly experienced advisors, Audemart keeps a lot of crucial information away from customers.
Audemart tried to pull a trick using their customer service. Namely, the location you see once you go to the Contacts page on their website is Stampfenbachstrasse 85, 8006 Zürich, Switzerland. Which would make you think that’s where the broker comes from. Naturally, a broker from Switzerland would be much more trustworthy than one at an offshore location.
However, that’s only where their customer service team is (if they aren’t lying about that as well). Once you read the fine print, you can see that the broker’s actual offices are in Estonia and Saint Vincent and the Grenadines. Besides the lie they tried to sell using their customer service, it’s otherwise unremarkable, with options to reach them via phone, email, Skype, and WhatsApp.
Email: [email protected]
It’s clear from our Audemart review that they are nothing more than a scam broker. They, however, hide it better than others, behind the alleged experience, a fancy website, and financial consulting offers. To an inexperienced trader, they might look as entirely legitimate, which makes the company quite dangerous.
You should avoid using Audemart, and if you already are, you should get out before they take off with your money.