We’d definitely expect more from a brokerage brand with 12 years of excellence and innovation than false promises and fake licenses. All we could encounter on this website, though, was empty talk about their alleged experience, knowledge and goals to make each and every one of their customers filthy rich.
After investigating all the website publications, we’ve come to learn some quite unsettling facts, which we will share with you in the following AHFUltra review.
| Regulated by: | Unregulated Broker |
| Is This Company Safe? | No, this company is a blacklisted clone – no funds and deposits are safe! |
| Known Websites: | ahfultra.co |
| Have Warnings from: | FSA (Seychelles) |
| Registered in: | UK (alleged) |
| Operating since: | 09.10.2023. |
| Trading Platforms: | Web Trader |
| Maximum Leverage: | 1:600 |
| Minimum Deposit: | $500 |
| Deposit Bonus: | N/A |
| Trading Assets: | Cryptocurrencies, Stocks CFDs, Forex, Indices, Commodities, ETFs |
| Free Demo Account: | No |
| How to Withdraw from This Company? | Seek help from our legal experts. |
Clone With a Public Warning
The AHFUltra broker claims to be regulated by several authorities like CySEC and BaFin, while operating out of the UK. The companies they claim to be owned and operated by are Alchemy Markets Limited (nsfx.com) and Market Securities S.A, regulated by the mentioned authorities. However, none of these firms have anything to do with this domain.
It is evident that the brand in question is a fraud, trying to impersonate fully legit firms in order to fake being regulated, since they’re not regulated by FCA in the UK, either. So far, FSA (Seychelles) has posted a warning on this company, clarifying that they’re not authorized to offer financial products and services.
Persuasion Strategy At Work
The swindlers would like you to believe a fairy tale that their company was established in 2010. The truth is quite different, however, as we may see in the WhoIs database.
The ahfultra.co domain was launched in October 2023, and directed towards these countries:
- Italy
- United Kingdom
- Greece
- Albania
Boiler room agents are the main employees of the AHFUltra scam, same as with many other schemes like Globalinwest. Their job is to advertise the services of illicit companies directly to the end-user, in a way that could be compared to regular telemarketing.
What differentiates them is the pushy and persuasive manner in which they address their marks, and an insistence on an investment without prior research. Any invested funds are simply funneled to the fraudsters’ wallet.
Clients Are Outraged
There isn’t a large number of AHFUltra reviews currently available, as the domain is still young. The client testimonials that do exist are all recent, and give the company a 1-star rating, further solidifying the proof that we’re dealing with a con artist.
The overall score on TrustPilot is currently 2.6 out of 5, while there are still no comments on other platforms like SiteJabber. You will notice that other faux brokers like Inveslo have similar online scores.
Worrying Trading Terms
Depending which account type you choose to buy, you are subject to different robbing conditions. We primarily refer to exaggerated leverage of up to 1:600, which is a solid proof of the firm not following the legislation they claim to be operating under.
More concrete costs are never revealed, as spreads and swaps are characterized as just “standard” and “low”. The absence of legal information made it additionally hard to determine which fees occur during transfers.
Trading Not As Advertised
Many trading features of this company, such as trading software for instance, remain hidden until you access the dashboard. To do this you need an account, but no demo is ever provided to the client. Once you’re there, you’ll quickly find out that not everything is as advertised on the site, to put it mildly.
Imported Charts Instead of Software
The only traces of an AHFUltra platform are found in the client area where the TradingView charts are placed to mimic a feeling of buying and selling going on.
No actual trading is taking place on this server because the simplistic charts don’t make up for the lack of even basic functions for placing orders. There’s an option to turn on automatic trading feature, which is only given to rob you of your investment quicker.
Illusion of Market Accessibility
There’s no concrete proof to show that the marketed instruments are indeed available for buying and selling. Still, this faux brokerage goes an extra mile to list the alleged tradable assets supported:
- Cryptocurrencies (BTC, ETH, LTC, XRP)
- Stock CFDs (Facebook, Tesla, Amazon)
- Forex (EUR/USD, EUR/CHF, USD/CAD)
- Indices (Nasdaq, Dow Jones, CAC40, DAX)
- Commodities (Coffee, Cotton, Gold)
- ETFs (IWM, QQQ, DIA)
Insane Account Costs
The account types present with this service are all live trading, tiered accounts. Allegedly, higher tiers, or better said pricier account types offer access to higher leverage, some swap discounts, and “platinum spreads”, whatever that means.
Of course, even the cheapest among these accounts is still incredibly costly:
- AHFULTRA STANDARD – $5,000
- AHFULTRA PREMIUM – $25,000
- AHFULTRA GOLD – $100,000
- AHFULTRA EXPERT – $250,000
- AHFULTRA PLATINUM – Hidden
If you do decide to create an account and invest with the company, you’ll see that the names of accounts become different:
- Starter – $500
- Basic – $1,000
- Professional – $2,000
Shady Investment Plans
Something you won’t find advertised on the site, but is still on offer in the client dashboard is a selection of investment plans. These come with “guaranteed profits”, something common with various conners.
These plans cost even more than the already pricey live accounts:
- Bronze Plan – €70,000; 10% ROI after 3 months
- Silver – €150,000; 15% ROI after 3 months
- Gold – €250,000; 20% ROI after 3 months
- Platinum – €500,000; 25% ROI after 3 months
- Diamond – €1,000,000; 35% ROI after 3 months
- VIP – € 5,000,000; Hidden returns
Uncertain Transactions
The supported methods for performing an AHFUltra withdrawal are:
- Wire Transfer – fees $25+
- Paypal – 2% fees
Of course, only a portion of occurring fees is revealed, and even those sums do not have to represent anything realistic. There’s a huge chance that you will experience sudden charges and commissions the moment you decide to issue a withdrawal request, so think twice before depositing here in the first place.
Support Is Never Online
There’s a phone number, an email address and something resembling a live chat, but nobody’s ever there to answer you. What should be the mentioned live chat is a contact form which mentions some working hours. We did in fact contact support during these hours, and nobody bothered to answer.
Scammed By an Illicit Broker? Contact Us!
This self-proclaimed broker has cloned business names and licenses of various other companies in an effort to hide their legal status from potential clients. In short, nothing good can ever come out of investing with this company.
Nothing good can ever come out of dealing with unregulated firms. If you have deposited assets to this illicit platform, contact our chargeback experts as soon as possible in order to start a recovery process.
FAQ Section
What is AHFUltra?
It is an illegal company that tries to impersonate a legitimate forex broker by faking licenses.
Is AHFUltra.co a Legit Broker?
No, it is a clone company that steals other legitimate businesses’ corporate credentials.
How to File a Chargeback Dispute?
Contact our legal experts via the live chat. We are available 24/7 for your convenience.
Source:
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