Acrux Capital Limited

Caution Investors Acrux Capital Limited – Regarding falsely claiming association with registered Australian businesses or financial services licensees and their authorized representatives.

Overview:

If you have been contacted by Acrux Capital Limited, you should be very careful. This broker is using a fake website, phone number, and email address to deceive potential clients. They are claiming to be affiliated with Acrux Capital Pty Ltd, which is a licensed Australian financial services provider. However, this is not true. Acrux Capital Limited is an imposter entity that is not authorized by ASIC and has no relation to the real Acrux Capital Pty Ltd.

Regulation and Compliance:

Acrux Capital Limited is not regulated by any reputable authority. They are operating illegally and without any oversight. They are not bound by any rules or standards that protect investors’ rights and interests. They are not required to segregate client funds, maintain adequate capital, or provide fair and transparent services. They are also not covered by any compensation scheme or dispute resolution mechanism in case of insolvency or misconduct.

Customer Reviews:

Acrux Capital Limited has received many negative reviews and complaints from customers who have fallen victim to their scam. Many people have reported that they were pressured to deposit large amounts of money but then faced difficulties in withdrawing their funds or contacting the broker. Some customers have also alleged that they were manipulated by false signals, misleading information, or unauthorized trades. Acrux Capital Limited has been accused of fraud, theft, and breach of contract.

Products and Services:

Acrux Capital Limited claims to offer various products and services, such as forex, CFDs, stocks, commodities, indices, and cryptocurrencies. However, these are likely to be fake or unreliable. Acrux Capital Limited does not provide any proof of execution, pricing, or liquidity for its products. They also do not disclose any fees, commissions, spreads, or margins that they charge. They may also use hidden clauses, terms, and conditions to impose unfair restrictions or penalties on their customers.

Location:

Acrux Capital Limited claims to be located at 20-22 Wenlock Road London N1 7GU United Kingdom. However, this address is likely to be false or misleading. Acrux Capital Limited is not registered or licensed in the UK by the FCA or any other authority. They are also not associated with any physical office or premises in London. They may be using a virtual address or a mail forwarding service to hide their true identity and location.

Customer Service:

Acrux Capital Limited does not provide any reliable or professional customer service. They only use a generic email address ([email protected]) and a UK phone number (+44 203 807 0505) to communicate with their customers. However, these contact details are likely to be unresponsive or unreachable. Acrux Capital Limited may also use aggressive or abusive tactics to coerce or intimidate its customers. They may also ignore or block any requests for assistance, information, or complaints.

Is Your Money Safe in an unregulated company?

The answer is no. Your money is not safe in an unregulated company like Acrux Capital Limited. You are exposing yourself to a high risk of losing your funds if you deal with them. Unregulated brokers can disappear with your money at any time without any trace or accountability. They can also manipulate your trades, deny your withdrawals, charge you hidden fees, or violate your privacy. You have no legal recourse or protection if you encounter any problems with them.

Defensive Measures Against Fraudulent Brokers:

To avoid falling prey to fraudulent brokers like Acrux Capital Limited, you should always do your research before investing your money. You should check the following:

– The broker’s name, address, website, and contact details

– The broker’s regulatory status and license number

– The broker’s reputation and customer feedback

– The broker’s terms and conditions and fees

– The broker’s products and services and trading platforms

You should also verify the information that the broker provides you with independent sources, such as ASIC’s website (https://asic.gov.au/), Scamwatch (https://www.scamwatch.gov.au/), or Trustpilot (https://www.trustpilot.com/). You should also be wary of any unsolicited offers, promises of high returns, pressure tactics, or requests for personal or financial information.

Conclusion:

Acrux Capital Limited is a scam broker that you should avoid at all costs. They are impersonating a legitimate company and trying to lure unsuspecting investors into their trap. They are not regulated by ASIC and have no connection to the real Acrux Capital Pty Ltd. They are operating illegally and dishonestly and have received many complaints