Bolton Associates Review – Is bolton-a.com Broker Scamming People?

Rating

Don’t Let The Website of Bolton Associates Fool You

It is difficult to know where to start when there are so many false regulatory claims. The website claims that the broker is regulated by 9 regulators. These are some of the most well-known ones in the world. ASIC, DFSA, ESMA, FSCA, FCA, CySEC, IFSC Belize, SCB Bahamas, and FSC Mauritius are the sacred 9 license issuers. Bolton Associates would be the largest broker in the industry if it were regulated by all nine. But who has that much approval? The reality is more concrete: Bolton Associates doesn’t have one approval from any of these. To be sure, we checked with several regulators.

We are told in the legal documents that the firm abides by Vanuatu laws, but the contact address puts the broker in the UK. These claims are more confusing and misleading. Bolton Associates is not licensed or based in Vanuatu, and the UK address is a fabrication.

Bolton Associates is unlicensed and a danger to everyone.

Bolton Associates Deposit and Withdrawal Methods

Both Tether and BTC are the only available payment methods. Bolton Associates cannot trace these payment methods so all money is lost. The minimum deposit required to make a deposit of $1 is even worse.

We could not find any withdrawal area on the dashboard. This means we couldn’t withdraw money. Bolton Associates is not the only scam to not have a withdrawal area.

Bolton Associates Withdrawal Requirements

We cannot talk about withdrawals because there was no withdrawal area. The website is silent about this issue, so clients can’t withdraw.

We only found one clause in the legal documents that stated all withdrawals take 20 days. The broker doesn’t issue withdrawal fees so it attempts to gain more ground by delaying withdrawal requests by 3 weeks. This is ridiculously arrogant.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

Bolton Associates Spreads and Cost of Trading

Spread values are fixed at 0.1 pip for all major FX pairs like EU/USD, US/JPY and GPB/USD. It is difficult to determine if commissions are being paid by the broker, which is intentional. We are certain that the trade cost here has been completely manipulated.

Bolton Associates Maximum Leverage

For all asset types, the leverage cap is set at 1:100. This includes shares and cryptocurrency, which typically have leverages much lower to reduce risks. Bolton Associates doesn’t seem to care.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Acer Finance, CGMA Trade, Palmer Finance Company.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

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Bolton Associates: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Bolton Associates. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Bolton Associates!

FAQ

  • Bolton Associates Maximum Leverage

    1:100

  • What Are the Spreads and Costs of Trading at Bolton Associates?

    Spread values are fixed at 0.1 pip for major FX pairs like EU/USD, US/JPY and GPB/USD. The broker makes it difficult to know for sure if there are commissions, which is on purpose.

  • Bolton Associates Minimum Deposit?

    A minimum deposit of $1 is required for any crypto wallet. This deposit method cannot be traced. Website also lies about minimum deposit amount.

  • What are Bolton Associates' Deposit and Withdrawal Methods?

    Both Tether and BTC are the only available payment methods. Bolton Associates cannot trace these payment methods so all money is lost. The minimum deposit required to make a deposit of $1 is even worse.

    We could not find any withdrawal area on the dashboard. This means we couldn't withdraw money.

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