AHF ULTRA Trading Platform Review: High Risk (Suspected Fraud)

AHF ULTRA Company Overview:

AHF ULTRA is a forex broker registered on October 9, 2023, offering financial trading services such as forex, stocks, commodities, indices, and more. The headquarters of the company is unknown. According to the information provided on its official website, AHF ULTRA's registered entity is AHFULTRA Trader LLC, affiliated with ALPHA WEALTH MANAGEMENT LUXEMBOURG S.A. and registered as a Money Services Business (MSB).

AHF ULTRA是否合规合法？是否持有相应的金融监管牌照？

AHF ULTRA operates under the following entities:

• Alchemy Markets Limited, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 431/88, located at Anexartisias 187, Limassol 3040, Cyprus.
• Market Securities SA, authorized and regulated by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) with license number BaFin ID 2000832/Bak Nr.118426, situated at 38 Patriarchou Ioakeim Str.10675 Athens, Greece.

Upon verification, there is no record of an entity named AHF ULTRA Trader LLC in the databases of the Financial Crimes Enforcement Network (FinCEN) and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The information regarding ALPHA WEALTH MANAGEMENT LUXEMBOURG S.A. from the Italian Companies and Exchange Commission (CONSOB) indicates authorization in other EU countries but lacks branches in Italy, and its association with AHFULTRA cannot be confirmed.

Furthermore, there is no entity with license number 431/88 registered with the Cyprus Securities and Exchange Commission (CySEC). Alchemy Markets Limited, found on the CySEC website, is actually regulated by the Malta Financial Services Authority (MFSA), with the approved website domain being www.nsfx.com, unrelated to AHFULTRA. The German Federal Financial Supervisory Authority (BaFin) search for Market Securities SA reveals it as a cross-border service provider registered in Germany, with no available registration information and an uncertain connection to AHFULTRA.

Additionally, AHF ULTRA's website design and disclosed regulatory information closely resemble another broker named ROIFX Trader, suggesting a potential use of a unified design template.

Trading Instruments Offered by AHF ULTRA:

According to AHF ULTRA's official website, the broker primarily offers financial asset trading services, including forex, commodities, stocks, indices, and cryptocurrencies.

Trading Software Provided by AHF ULTRA:

AHF ULTRA only provides users with a proprietary web-based trading platform, with no options available for downloading popular platforms like MT4 or MT5. The transparency of the software's operations is questionable, posing significant risks to users. The platform may allow the broker to manipulate market conditions, control trades, and enforce liquidation, engaging in potentially fraudulent activities.

Fund Security:

AHF ULTRA has not disclosed any third-party fund regulatory information on its official website, leaving users' fund security uncertain.

Deposit and Withdrawal Channels:

AHF ULTRA offers limited deposit and withdrawal options, including bank transfers and PayPal. Users can perform deposits or withdrawals using these two methods, with the minimum transaction amount set at 10 euros.

Leverage Ratio:

The broker discloses a leverage ratio ranging from 1:100-1:600, which is considerably higher than the generally accepted 1:10-1:100 leverage ratio for compliant brokers. The high leverage offered by the broker may increase users' trading risks.

Conclusion:

AHF ULTRA is a forex broker engaging in illegal financial operations by using false regulatory information. The broker has not disclosed critical information regarding users' fund security. The official website of AHF ULTRA contains misleading information, and the minimum deposit amounts for the offered account types are significantly higher than normal platforms. TraderKnows advises caution, as AHF ULTRA represents a highly risky forex trading platform, and users are urged to avoid the platform to prevent potential financial losses.

Currently, the broker is marked as "Suspected Fraud" on TraderKnows.