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Introduction to AZ Trades Review:

Picture this: You make an account with a brokerage firm that claims to have all the best facilities and assured returns. You deposit the money that is demanded by the firm and patiently wait for the profits to come to your account. Soon, you see the profit is credited to your trade account. With the hope of earning some more, you deposit more money in trades that are suggested by the brokerage firm. You are delighted to see money getting credited to your trade account. One day, you decide to withdraw the profits to which the company shows some error. You try calling customer care but no one picks up. The next day, you wake up to see your account being blocked by the company and all of your money is gone.

This is just one of the many scams that happen in the financial market. Do you want to be in such a situation?
Read our detailed review of AZ Trades to know how to avoid it.

Address:

Upon checking their website, we were not able to find any concrete evidence or claim on where the company is exactly located. However, some investigation on the internet showed that AZ Trades is owned and operated by another company by the name of AZ Markets Ltd. The parent company is based out of Saint Vincent and the Grenadines which essentially places AZ Trades there as well.

About the company:

Like every other scam broker, AZ Trades also claims to be the best in the world with a huge variety of trading accounts for customers from all over the world. The company also states to offer services in a wide variety of tradable instruments such as stocks, indices, cryptocurrencies, CFDs, etc. Read on to find out more about AZ Trades in this AZ Trades review.

Breaking down the claims:

Does AZ Trades have a license?

No, AZ Trades is UNREGULATED. As stated above that AZ Trades is based out of Saint Vincent and the Grenadines, it is clear that the company does not have a license. For those of you who do not know, Saint Vincent and the Grenadines is one of the offshore zones that have become the hub of scam brokers as there are no regulations in such places to supervise the brokers.

What are the account types offered by AZ Trades?

AZ Trades offers a wide variety of trading accounts for their customers. These are Classic Account, Islamic Account, Variable Account, Silver Account, Gold Account, VIP Account, and Crypto Account. All these accounts have varying minimum deposits and leverage. The minimum deposits range from $250 to $5000.

What is the leverage offered by AZ Trades?

AZ Trades offers different leverages to the customers according to the account they have. The leverage offered by legitimate brokers lies between the range of 1:30 and 1:50. The leverage offered by AZ Trades lies between the range of 1:100 to 1:400.

Conclusion: Is AZ Trades scam real?

To conclude, we can safely say that AZ Trades is a potential scam. We request the readers to stay away from AZ Trades. If you have been scammed by AZ Trades, file a complaint with us and we will help you.

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Scammed? Get Free Consultation!