It seems we’re facing yet another “scam of the century” in the financial market. The brokerage firm Arab Wealth Management is making a big splash, claiming to have its headquarters in the UK and a license from the FCA. In this review, we’ll try to figure out if this is truly the case. Or is this just another attempt by scammers to pose as a safe and legal company?
Brief Overview
- 🖥Official Website: https://arabwealthmanagement.net/en
- ✈️Contact Address: Tower Court Business Centre, Oakdale Road, York, England, YO30 4XL
- 📞Customer Support: [email protected], +447418316563
- 🔐Licensing and Accreditation: no
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $50
- 💰Additional Services: mentor support, market analysis, portfolio management
Arabwealthmanagement.net Examination
Arab Wealth Management claims to be an international company, even having a branch in Germany, but for some reason, the official website is only in English and Russian. There’s no mention of branches or licenses in Russia. Overall, the website’s structure is typical of such brokers, and this company doesn’t stand out in any way.
The top part has a standard menu with information about the company, terms, additional options, and so on. The dark blue background with unsuccessful gradients looks outdated and doesn’t inspire any trust. The content is just empty words. A huge amount of text that says nothing. “First-class service, convenient conditions, high reliability” — a set of empty words that are not backed up by any real details. However, where are the specifics? Where are the clear trading conditions, regulations, and guarantees of funds protection? There’s none of that.
As for the pictures, everything is very sad here too. Photos of skyscrapers, graphs, and smartphones with supposedly trading terminals — a standard set for pseudo-brokers. These images don’t give any idea of Arab Wealth Management’s real activities.
Company Contacts
Regarding contacts, it’s all very simple. Arab Wealth Management has provided an email address and a phone number, but why doesn’t such a supposedly large and serious organization even have an online chat? And where are the social media accounts? However, the funniest part is that their email is fake. Ha!
Key Conditions
Let’s consider the trading conditions at Arab Wealth Management. Maybe they’ll give us some food for thought. So, the minimum deposit here is low — $50, for an Islamic account, with the same entry threshold. The rest of the tariffs, and there are only 6 of them, require more money: $150, $1,000, $10,000, and $100,000. The last two are puzzling — who would be willing to invest such serious amounts in a little-known broker?
Moreover, there is no detailed description of what is included in the tariff. Just some superficial description and that’s it. And this is a problem not only concerning the types of accounts but also the conditions in general. Arab Wealth Management is silent about commissions, spreads, and other costs that their clients will incur. This is a serious red flag, because any honest and legal firm discloses absolutely all conditions on the official website.
Additional services are scarce: help from an analyst, extended market analysis, and others. No copy trading, auto trading, full-fledged training courses, or other important options that could compete with other companies.
Exposing Arab Wealth Management
Now let’s look at the main details of their activity, and then it will be clear whether it’s a scam or not. Let’s start with regulation. The company boasts of having an FCA license, and there’s even a link to the registry. The same goes for official registration in the UK — a link to Companies House is provided.
And here’s where the inconsistencies appear. Arab Wealth Management boasts of 8 million clients and a long history, but the domain arabwealthmanagement.net was only purchased in 2024. Previously, it was used by a completely different company that had nothing to do with forex trading.
The organization that the scammers are referring to also has nothing to do with the hero of our review. It was founded in 2002, and the platform was launched only in 2024. In general, the conclusion is very simple. Arab Wealth Management is a stolen name, and it belongs to another company. And the scammers simply took it to more actively lure traders out of money. This is a standard move for such pseudo-brokers.
What Reviews Do Users Leave?
How do the scammers answer the question that they claim to have millions of clients but there are almost no reviews on the internet? Is it really possible that in 20+ years on the internet, not even 100 comments have been collected? This is complete nonsense. And this once again proves that Arab Wealth Management is just a fresh scam in the forex market. There are no reviews — no one has traded here. There are only pathetic attempts by scammers to publish fake positive comments, nothing more.
Conclusions
When a company boasts of registration and licensing, you should always check it. If you don’t, you can fall for a fake and scam called Arab Wealth Management. Scammers have appropriated someone else’s data and name to scam naive traders out of money.
Pros/Cons
- The site supports two languages.
- Fraudsters have appropriated someone else's name for themselves.
- The present term is from 2024.
- Terms are barely disclosed.
- Few reviews on the Internet.
- A lot of fake and lies on the official website.
They’re scammers! Run away from them if you’re thinking of working with these crooks. I regret investing my money with them. It was a small amount, but I’m still really upset about losing it so stupidly. It’s just a $500 loss. I gave it to some lousy scammers who created their fake platform. I was such a fool. Hopefully, my review will help you avoid making the same mistake.