AKO Markets Review – Akomarkets.com Is A Broker Designed To Lose Money

Rating
Broker status Offshore Scam Broker
Regulated by Unlicensed Forex Provider / No Regulation
Scammers Websites Akomarkets.com
Blacklisted as a Scam by AFM, FSMA
Owned by No Info
Headquarters Country No Info
Foundation year 2022
Supported Platforms Web Trader
Minimum Deposit $250
Cryptocurrencies Forex / Commodities / Indices / Shares / Cryptocurrencies
Types of Assets Available – BTC, XRP, ETH
Maximum Leverage 1:200
Free Demo Account No

Is AKO Markets an Unregulated Brokerage?

Ako Markets is an anonymous trading company. We don’t know anything about the headquarters or owner, nor do we have the Terms and Conditions. Instead, you’ll see error 404.

We did our research just in case. We searched for AKO Markets regulation in the UK FCA, Australia ASIC, Spanish CNMV and other Tier 1 databases. Our search returned no results, as you can already guess. This firm is yet another financial scammer that lures victims into a scheme.

The leverage they offer is a proof of this. The EEA zone has a limit of 1:30. This limit is the same as the limit in Australia and the UK. AKO Markets can offer up to 1:200. This is a direct violation of regulatory rules and shows that the firm cannot be licensed.

AKO Markets Warnings

AKO-Markets-Warnings

The Dutch regulator AFM issued an official warning in November 2022 against the AKO Markets scam. This brokerage is suspected to be a boiler room so customers should avoid it.

This warning was also republished in Belgium. Another EU member state. This shows that we are on the right track and AKO Markets can’t be trusted.

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

AKO Markets Trading Assets

The brokerage offers to invest in five asset classes:

  • Currency pairs: EUR/USD, USD/ZAR, USD/NOK;
  • Commodities: gold, palladium, natural gas;
  • Indices: FTSE100, DAX30, CAC40;
  • Shares: Amazon, Apple, Google;
  • Cryptocurrencies: BCH, LTC, USDT.

We don’t have anything against this solid range. We must warn you, however, that trading with unregulated broker can cause you to lose all of your investment.

AKO Markets Trading Account Types

A large variety of AKO Markets account types are available. These include:

  • Regular: $250;
  • Bronze: $10,000;
  • Silver: $25,000;
  • Gold: $50,000;
  • Platinum: $100,000;
  • Diamond: $250,000;
  • VIP: $500,000;
  • Pro: $1,000,000.

AKO-Markets-Accounts

Starting with the Bronze account, each one brings higher bonuses without appropriate Terms and Conditions. Additionally, each higher account brings more market updates, as well as more benefits that remain undisclosed.

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 – DexInvesting, AION Trader, CloseOption.

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!

Free consultation

AKO Markets: 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 AKO Markets. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about AKO Markets!

FAQ

  • What is the Minimum Deposit at AKO Markets?

    250$

  • Is AKO Markets a Legitimate Broker?

    AKO Markets is not a legitimate trading brokerage.

  • AKO Markets Maximum Leverage

    1:200

  • Can I Try a Demo Account?

    AKO Markets doesn’t offer Demo account.

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