ACT Capital Partners AG has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to B Rock Trade. We’ve received over 5 complaints against ACT Capital Partners AG.
ACT Capital Partners AG claims to be a legitimate forex broker, yet it raises several red flags, including mentioning Vanuatu legislation while claiming a Swiss location and a lack of necessary licenses. Issues with regulation, transparency, and payment methods point to a possible scam. Choose certified and regulated brokers for secure investing.
We suggest working with a trustworthy broker with specialized staff, latest tech and most importantly, customer-centric trading conditions. After reviewing 1000+ brokers, we rank the following company as the best:
Key Takeaways
Is ACT Capital Partners AG Regulated? Do They Have a License?
ACT Capital Partners AG touts itself as a reputable forex broker based in a worldwide financial center that serves hundreds of thousands of traders. However, before placing your reliance in online claims, you should independently verify them. The purpose of this study is to demonstrate why ACT Capital Partners AG may not be a dependable financial services company and to recommend reputable brokers for financial market investing.
Legitimate forex brokers provide clear and detailed information about their legal entity, such as their location, licenses, and regulatory monitoring. A absence of such details, or their erroneous presentation, can serve as a warning indication. For example, ACT Capital Partners AG purports to be situated in Switzerland, a country with strict regulatory requirements, but their Terms and Conditions reference the law of Vanuatu, an offshore territory with permissive regulatory standards. Such anomalies are frequently seen in bogus websites.
Furthermore, there is no record of ACT Capital being a licensed broker on the financial regulators’ records in Switzerland or Vanuatu. Furthermore, the website is largely in Russian, and the Bank of Russia has warned investors that ACT Capital Partners AG is not a licensed financial services provider.
The lack of regulation or the presence of poor regulation is a huge red flag. It means ACT Capital might be a scam or most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of ACT Capital, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at ACT Capital Partners AG
ACT Capital Partners AG provides a web-based trading platform where users can make orders, change charts, and use technical indicators. However, it does not have the advanced capabilities available in industry-standard trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5. These systems are popular among traders due to their comprehensive features, which include custom scripts for automated trading and backtesting trade techniques.
While ACT Capital Partners AG’s platform has basic capabilities, its dependability has been questioned. Some trading platforms used by less reputable brokers have been known to deceive users into believing their cash are being invested wisely.
The company asks a $100 deposit, which is common in the sector. However, for the same price, you may create a trading account with a reliable and regulated FX broker. Leading brokers provide Micro and Cent accounts with minimal entry levels, making them perfect for beginning investors. These brokers work in regulated conditions to protect the security of your money.
At the time of this study, the deposit option on the ACT Capital Partners AG website was inactive, therefore it is unknown which payment methods are available. Typically, trustworthy brokers provide a wide range of transparent payment options, including bank transfers, credit/debit cards, and popular e-wallets like PayPal, Skrill, and Neteller.
ACT Capital Partners AG’s platform claims to support a wide range of instruments, including FX, equities, indices, commodities, and cryptocurrencies. However, due to worries about the website’s legitimacy, it is best to invest in financial products through licensed and recognized brokers.
However, it’s worth noting that many forex scams disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, shady forex brokers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
To avoid such scenarios, it’s best to work with a reliable and trusted broker.
ACT Capital Partners AG Customer Service: Do They Handle Complaints Well?
When it comes to forex brokers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, shady brokers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Shady brokers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.
ACT Capital Partners AG Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Even if ACT Capital Partners AG might not be a scam, brokers like them rely on fake reviews to increase their credibility.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust the online ACT Capital Partners AG reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of ACT Capital Partners AG, chances are, you wouldn’t find many legitimate reviews.
Another prominent way brokers like ACT Capital Partners AG enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “ACT Capital Partners AG reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising ACT Capital Partners AG.
You should always look out for consumer complaints. In the case of ACT Capital Partners AG, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about ACT Capital Partners AG? You can share your complaint in the comment section or submit an anonymous tip.
Is ACT Capital Partners AG Legit Or a Scam?
ACT Capital Partners AG is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind ACT Capital Partners AG can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust ACT Capital Partners AG?
ACT Capital Partners AG provides as a cautionary tale of a broker that may not operate in complete openness. Concerns have been raised concerning the accuracy of the information provided as well as the validity of their operations. It is critical to invest through licensed intermediaries located in well-regulated financial hubs such as the United Kingdom, the European Union, the United States, or Australia.
Brokers in these regions are closely supervised by strict regulatory organizations that provide safeguards like as negative balance protection, client money segregation, and participation in guarantee programs to protect trader investments in the event of insolvency.
ACT Capital Partners AG presents itself as a respectable broker, several warning flags and regulatory alerts indicate that it may be a high-risk alternative. Conduct extensive research and select brokers with an established track record and robust regulatory control to ensure a secure investment.
All the evidence suggests that ACT Capital Partners AG might be a scam. You shouldn’t risk your funds with a broker you don’t fully trust.
That’s why we recommend working with a trusted broker. That way, you can avoid any hiccups and be certain of
Frequently Asked Questions
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How Forex Scams Work
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
