One of the quite interesting facts about AU Venture is that they present themselves as a UK-based broker. With its quite an appealing website and transparent contact details, many traders would fall for their offer.
However, there are things traders don’t watch closely. Ultimately, all those cost you a lot of money and nerves. But read this AU Venture review carefully to learn how to avoid that.
Regulated by: | No regulations |
Is This Company Safe? | No |
Known Websites: | www.auventure.com |
Have Warnings from: | N/A |
Registered in: | UK (allegedly) |
Operating since: | 2018 |
Trading Platforms: | WebTrader |
Maximum Leverage: | 1:400 |
Minimum Deposit: | $10.000 |
Deposit Bonus: | Available |
Trading Assets: | Cryptocurrencies, Forex, Commodities, Indices, Shares |
Free Demo Account: | No |
How to Withdraw from This Company? | Since the company presents itself as UK-based and has no regulation, you can consider withdrawals impossible. At first glance of a problem along the way, contact our chargeback specialists for advice. |
Legal info: Is AU Venture Legit or a Scam?
One of the easiest ways to expose UK brokers is through the FCA register. If the broker is not listed there, there are no AU Venture reviews that could prove legitimacy. However, after checking the FCA database for the company’s license, we lost all hope. The broker is clearly not licensed, meaning it doesn’t operate according to laws.
With highly popular AU Venture crypto and Forex offers, they should have some licenses to make themselves legit. Unfortunately, they don’t have any. Primarily not the trusted ones like BaFin, ASIC, or CFTC. So, you can’t expect any protection from this investment firm.
Who are AU Venture’s Victims?
If you see a company offering services to top-regulated countries without a license, be sure there’s something wrong. Luckily, there are enough reviews that reveal the bitter truth. Many of those come from traders from:
- Australia
- Netherlands
- United States
- New Zealand
In reality, many more traders got scammed by this firm but didn’t share it, which is a bad move. Don’t miss a chance to share things about the broker. You can also do that in our comment section or share your story with our refund specialists. But if you just want to get your money back, book your consultation with our team now!
Traders Reviews
Overall, the company’s reviews look quite decent on Trustpilot. With 39 comments in total, there’s quite a big number of happy customers. At least, those make you think like that. Still, 10% of traders wouldn’t agree. Obviously, the company has been using aggressive sales tactics, shady crypto transfers, and many other tricks to scam its customers.
On top of that, there are shady AU Ventur account types. All in all, not something you should be looking for. But if you made a mistake, correct it immediately by contacting our chargeback team for advice.
Leverage, Commissions, Spreads, Fees and Taxes
The first sign of this company’s scam activities is its leverage. In the UK, the maximum you can get as a retail trader is 1:30. But this firm offers up to 1:400. Fairly, it all smells like an offshore scheme.
Reasonably, trading services usually come with costs. After all, the company is providing you with some services they are logically charging. However, with this broker, those costs remain mysterious. So, you can expect anything. To avoid that, make sure to check our tips from the CapitalexPro review.
Bonuses
Another irregularity with this broker is its bonus policy. As it seems, they will try to persuade traders to accept bonuses.
However, once they do that, they cannot withdraw funds before meeting minimum trading volume requirements. In this case, 35-40 times the bonus amount received. Standard scamming tricks are on the sight.
AU Venture Trading Features
One of the main deals with this company is trading signals. That’s how traders usually get attracted to register with them. But very quickly after registration, they realize it’s not what they signed up for.
On top of that, there are various AU Venture education materials. Yet, without regulations, does it matter?
Trading Platforms Available
The biggest problem with AU Venture broker is its trading platform. Usually, when you think of a trusted broker, you think of cTrader or MetaTrader. Unfortunately, those platforms are not offered here. So you can connect the dots.
All in all, very limited functionalities are expected from a basic WebTrader. But the key detail is that the company can easily manipulate anything you see on your account. Be aware of that.
Available Trading Assets
Tradeable assets on the AU Venture platform are something you should also take with reserve. Primarily because of missing licenses. But if they were legit, we would consider their offer decent. It consists of:
- Currency pairs (Forex) – EUR/SEK, AUD/JPY
- Commodities – crude oil, palladium
- Indices – DAX30, FTSE100
- Stocks – IBM, Netflix
- Cryptocurrencies – ETH, XRM
Account Types
In general, the company’s accounts require more and more money for each upgrade. But in return, you don’t get any financially related benefits.
Instead, you get higher bonuses, fake VIP features, and educational programs. Even though it appears they require $10k for a start, they will most likely accept anything above $250. Anyway, the options are:
- Silver – $10.000
- Gold – $50.000
- Platinum – $100.000
- Diamond – $250.000
- Corporate – $1.000.000
Mobile Trading App
Another failure we can see with this broker is a lack of trusted mobile apps. Even though they advertise the platform as being accessible on iOS and Android devices, it’s not what you think.
Instead of trusted apps, you’ll have to bother with it via browser. But read our Thunder Forex review to see the downsides of such options and more tips.
Demo Account
Usually, if the broker wants to make itself look legitimate, it offers a demo account in the first place. But there would also be Islamic and micro-accounts available. Unfortunately, with AU Venture scam broker, none of the risk-free options are available.
Education
Allegedly, if you deposit more money, you can get some advanced education, such as webinars, customized education, and VIP events. Yet, the regular package only includes basic guides and video lessons. This clearly indicates the company values clients based on deposits.
AU Venture Withdrawal
One of the important issues is a lack of withdrawal transparency. Yes, the company has logos for Visa and Mastercard on its website. Thus, that doesn’t mean they will use it.
In many cases, the preferred payment method is crypto, primarily due to anonymity and issues with reversing transactions. Anyways, without transparent fees and processing time, you can definitely expect problems. In the first place, with non-expected costs.
Customer Support
This broker is a perfect example of not trusting everything you see. Yes, they provide phone lines for the UK and Australia. Also, they provide transparent physical and e-mail addresses.
But in reality, nobody can prove any of that is real. In any case, without working hours revealed, you can only pray for a quick response. But reviews show us there’s a chance you won’t get any.
Key Information To Consider About AU Venture
The first and most important thing is that the company is not licensed. Whatever else they claim is highly questionable. But even without that, there are plenty of reasons to avoid them, such as shady platforms, high leverage, bonus policy, etc.
We understand you might be frustrated if you were caught in a scam. It can happen to anyone. But if you think about it, should you leave your money with a swindler? Definitely not. To find out what are steps to get it back, feel free to contact us. Our team offers the first consultation completely free. If you decide to move forward, we would gladly help you. Get in touch now.
FAQ Section
What is AU Venture?
AU Venture is an unregulated company that has offered trading services allegedly from the United Kingdom since 2018.
Is AU Venture Legit?
No, AU Venture is not a legitimate company and is not recommended for trading. Primarily due to missing regulations, and mentioned negative reviews.
What is CipherTrace?
CipherTrace is a blockchain analytics company that provides solutions for anti-money laundering (AML) and financial investigations. But also for refunds. Contact us for more details.
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