Do You Want to Know If Adar Capital Is Legitimate or a Scam Broker?
Adar Capital may ring a bell if you’ve researched a licensed broker. However, the Adar Capital with the web address https://adar.capital/ isn’t the right one. That’s because it’s been flagged by the FCA as well as the FSMA and the CNMV for being a clone broker. This means that it has stolen the name, and in some cases, the slogan and the logo of a licensed brokerage to try to fool people into opening an account with them. This is terrible for the licensed broker, and it’s understandable that regulators warn the public of this clone scam.
There Are Some Problems with Adar Capital
Being targeted as a clone scam by the FCA is enough to stay away from a broker. There are other warnings that could have clued us in if we hadn’t known about the regulator warning. The site’s content isn’t grammatically correct and doesn’t inspire confidence. They don’t offer MetaTrader but only a low-quality trading platform. Their fees are very high at 3 pips and terms and conditions are sketchy.
Red Flags that Adar Capital Could Be a Scam Broker
- Suspected clone scam
- Flagged by FCA, FSMA and CNMV
- No transparency
- Bad reviews
If You Need Fund Recovery from Adar Capital,Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Adar Capital, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.
