It’s best not to trust brokerage firms without a name or reputation. Such companies are very dangerous, as they have no clients and their activities haven’t been verified. In our Finance Advisory AG review, we will examine an unknown broker claiming to have 1 million clients and an office in Switzerland. We believe this is a lie and a scam, and here’s why.
Key Features
- Company Name: Finance Advisory AG
- Website: https://financeadvisoryag.com/
- Available Contacts: +41225083481, [email protected], [email protected]
- Foundation: 2024
- Services: CFD Trading
- License: No
- Initial Deposit: £100
From Sign-Up to Payout
The official website of Finance Advisory AG provides access to information about the broker’s activities, trading conditions, platform, and additional tools. At the top of the site, there’s a standard header with main sections and buttons for account login and registration. It’s important to note that the site is only available in English.
The text includes primitive attempts to lure clients, as well as pretentious phrases like “A world of opportunities” or “Empower Your Trading”. Statements such as “The ULTIMATE Platform at your disposal” and “Why trade with Finance Advisory AG?” lack specifics and sound more like advertising slogans. Such phrases can raise suspicions that the company offers nothing unique and is simply copying standard marketing techniques.
Additionally, the website looks like a standard template with minimal modifications, which can be found with many other brokers. There’s no uniqueness, no brand style, or any elements that would distinguish the company.
The site includes a money-back guarantee and promises of fixed profits, which is a red flag for fraud, as guaranteed returns are impossible in financial markets. Financial markets come with high risk, yet the site barely contains any risk warnings. Reliable brokers always indicate that clients should only trade with money they can afford to lose.
In general, there are many drawbacks to financeadvisoryag.com, so let’s move to the account registration section to create a personal account and see what the platform looks like.
Unfortunately, we couldn’t complete the registration. Finance Advisory AG requires a registration code. Where can one obtain this code? And why is it needed in the first place? Well, it doesn’t matter.
If a broker asks for some sort of code, it’s a bad sign. In practice, we’ve noticed that such firms tend to be fraudulent. It appears there’s some sneaky and deceitful scheme behind this.
Additionally, Finance Advisory AG also requires clients to undergo mandatory identity verification. Deposits and withdrawals are possible through three methods:
- Credit/debit cards.
- Bank wire transfers.
- Cryptocurrencies.
Our Trading Experience With Finance Advisory AG
We need to refer to the broker’s platform description. Seeing the terminal firsthand is impossible, as registration is closed. On its website, the broker lists the following platform advantages:
- No need to download it as it is a webtrader.
- Negative balance protection.
- Execution 0.08 secs.
In short, these are typical features that the company presents as benefits, although any other terminal offers the same functions. So, calling these “advantages” is a stretch. Finance Advisory AG offers a basic web platform, which is unsuitable for serious trading. It lacks mobile and desktop versions, as well as advanced options:
- Market depth.
- Order book.
- Autotrading.
The Reality Check
We are supposedly dealing with a Swiss broker, yet the company lacks a license from the Swiss regulator, FINMA. The website mentions CySEC regulation once, but this applies to Cyprus, and it’s also a lie. A simple check of the CySEC registry shows that Finance Advisory AG is not listed there. We also checked the FINMA registry, and there’s no trace of such a company there either.
All of this indicates that we’re dealing with a fake broker. It literally does not exist. The scammers invented a story about being registered in Switzerland, but such a company does not and never has existed in that country. The firm lacks registration details and documents to confirm official registration.
We strongly advise against choosing such companies as brokerage partners. They operate illegally and pose a serious risk. At any moment, they could turn out to be fraudsters, and then you wouldn’t be able to recover your funds.
How Long Has Finance Advisory AG Been in the Game?
We also recommend paying attention to how long a company has been operating. If it doesn’t mention its founding date, that’s already a red flag. You can find out how long a firm has been around by checking the registration date of its domain. The domain financeadvisoryag.com was registered just a month ago — on September 9, 2024. Is there even a need to comment further? Clearly, the company has been operating for an extremely short time. The scammers are blatantly lying, claiming they have 1 million clients. A million traders in one month — are they not even laughing at themselves?
Extra Fraud Indicators
If you thought we were done, think again — our Finance Advisory AG review continues, and we’ll add to the red flags mentioned above.
The scammers are actively lying. Obviously, there are no millions of clients, as they claim. The same goes for the protection of client funds — there simply isn’t any. What protection can be expected when the company doesn’t even have a license?
And what about the fake contact information? Do you think that’s a good sign? If you need help but can’t reach support because their email doesn’t exist — is that a positive aspect? Of course not. An honest company would never provide false contacts. Here, the scammers didn’t even bother to create real contact details, stopping at a cheap imitation.
The company’s secrecy is another bad sign. Finance Advisory AG does not disclose its commission and spread rates. Why would traders need to know how much they’ll pay for their trades, right? Let’s remember that only CFDs can be traded here — an instrument easily subject to manipulation. The platform can draw any charts it wants, and they’ll likely be designed to drain traders’ funds. After all, this is a dealing desk, which means there’s a conflict of interest.
Fake contacts, secrecy, and lack of transparency, conflicts of interest, and lies — all these additional signs point to the fact that Finance Advisory AG is outright fraudulent.
Is Finance Advisory AG the Right Fit?
Another scammer has been exposed. This fake company only pretends to be a safe and popular platform, but in reality, no one knows about it; there are almost no reviews online, and the number of red flags is off the charts. We strongly recommend not attempting to start any “partnership” with this firm — it’s a pointless and dangerous endeavor.
I’m glad I didn’t decide to trade with them. It turned out they were scammers. I asked for advice from an experienced trader, and he said, with confidence and emphasis, “Finance Advisory AG is a ******* scam.” I immediately understood he wasn’t joking and was advising me to stay far away from this scam broker. He warned me that I would have issues with my money, and I wouldn’t be able to make withdrawals because they were fraudsters. In short, I agree with him, and now I want to warn everyone else. If you were thinking about opening an account here, don’t do it. This is plain fraud and a scam.
Es una empresa scam, solo esta interesada en llamarte de diferentes numeros telefonicos para pedirte dinero y que lo pongas en la cuenta. Cuando quieres liquidar no te permiten hacerlo. Tuve una amarga experiencia con esta empresa en la que perdi 12500 EUR y gracias no fue mas porque en principio me pidieron invertir 50 000 EUR. Me llamaron un dia para decir que iban a hacer una auditoria y tenia que realizar transaciones para verificar que era yo y poner hacer el withdrawl, alf final el resultado les dio que la auditoria habia fallado y que debia pagar 3000, cuando le dije no tenia ese dinero me dijo el operador llamado Michael que si pagaba 600 se podia arreglar, hice la transferencia y jamas recibi el total del dinero hasta el dia de hoy 01-Apr-2025, todo es un embuste. No caigan en sus cuentos.
This is an scam company, they call you every time from different telephone numbers to ask you to place money in your account, in my case I placed in total 12500 , investment and last week I was called that I must to make an auditory to get the amount in the balance, this auditory accordign to them failed and for this reason to pay extra 3000 EUR to get of total amount, after a conversation he told me ok if you pay 600 EUR here finance says will be enough. I paid it and today they came with a different history. Be carefull with them, they are completely Scam