Arbitrage Genius Review: Another Scam Broker Run!!!

Welcome to my independent Arbitrage Genius broker review. If you’re looking for honest information about the broker such as whether or not they are a legitimate broker, here’s where you’ll get authentic details. But before diving into it, here’s a summary of the company, based on the information on the product website(www.arbitrage-genius.ai).

Arbitrage Genius Broker Review Part 1: What Is Arbitrage Genius?

Arbitrage Genius is a scam masked as an authentic platform for trading cryptocurrencies, currency pairs, indices, metals, energy, futures, and shares. The company website claims that a group of traders created it as an educational center that provided education on matters of financial markets and technical analyses. The story sounds good but, unfortunately, it’s 100 percent made of false claims. 

A screenshot image of the Arbitrage Genius scam platform. 

Is Arbitrage Genius Legit or Scam?

Arbitrage Genius(arbitrage-genius.ai) is a scam website run by extremely cunning fraudsters. Like in the case of ProfitFarmers, these serial tricksters will let you sign up and then start sending you enticing trading opportunities via email persistently. They’ll do that while knowing at the back of their minds that you’ll eventually fall for their tricks and fund your account. 

Once you do so, you’ll begin making profits right away. The scammers will even urge you to withdraw some of the profits to gain your trust fully. Unfortunately, many investors let their guard down completely after this point, gaining full trust in these fraudsters. So they add more funds into their account to make even more money.  But when they make a second withdrawal request, the money never arrives in their bank accounts. Their emails are ignored and their accounts are shut down eventually. That’s when they realize that it was all but a scam well-designed to first gain their trust.  

Arbitrage Genius Broker Review Part 3: Compelling Proofs That Arbitrage Genius Platform Is a Scam

1. Arbitrage Genius Broker Is Unlicensed and Unregulated

As I wrote in the Billnergroup.com review, there’s no scam broker who is licensed and regulated.

2. Arbitrage Genius Broker Lacks Transparency

When it comes to investment brokers, transparency is an important consideration for investors. A legit broker will be open, truthful, and forthcoming with every bit of essential information, including their telephone number, email contact, and physical address. An illegitimate broker, on the other hand, will not.  

A good example is the Arbitrage Genius broker who offers their email contact only. They do so intentionally to avoid detection, protect their identities, and keep off potential legal consequences. Other reasons include making life difficult for investigators and maintaining flexibility. That way, they can change their contact details frequently. 

In general, providing only their email contact cuts it for them. 

3. Arbitrage Genius Broker Has Negative Reviews On Trustpilot

Arbitrage Genius reviews on Trustpilot are mainly negative with 70% of them being 1-star as you can see in the screenshot below:

A screenshot image shows Arbitrage Genius reviews on Trustpilot. 

A screenshot of Arbitrage Genius ratings on Trustpilot.

Some clients reported that they were unable to withdraw their funds even after paying ransom for it. Others warned that it’s a scam that makes you invest and allows you to withdraw some of the profits at first, before holding on to your money and blocking you when you invest the second time. 

4.  Arbitrage Genius Broker Has Negative Reviews On Scamadviser

Like in the case of Trustpilot, Arbitrage Genius has a bad reputation with a trust score of 2/100 on Scamadviser. 47 of the 59 Arbitrage Genius reviews are negative with many clients reporting that this broker took all their money. 

5. Broker Requests for Sensitive Card Data

Arbitrage Genius states on its Privacy Policy page, under Collection of Personal Data, that it will use, store, process, and handle clients’ sensitive data. This includes images of their credit cards that show the cards’ brands plus their front and back sides where the first 6 and last 4 digits can be seen.

Yet, it’s a gross violation of credit card security guidelines for brokers to ask for both the front and back copies of clients’ credit cards. Security standards and industry best practices discourage the requirement of sensitive clients’ card data such as the front and back photos of their cards that show the digits of the security code. 

Legit brokers who are licensed, regulated, and subject to oversight authorities will not go against these guidelines. On the contrary, scam brokers e.g. Arbitrage Genius will do so without chills because they are unlicensed, unregulated, and not answerable to any authority. 

My Final Verdict On Arbitrage Genius

Arbitrage Genius is a big scam with a top-notch strategy that has seen many investors fall for their fraud. The company entices you to sign up and deposit funds into your account to start trading right away. 

Once you do so, the profits begin trickling in and the company allows you to withdraw some of it. After you gain full trust, you put in more money, hoping to make more money. 

Unfortunately, you won’t be able to withdraw your profits again. At first, the company will respond to your emails, giving you insane explanations. For example, they might tell you that the account manager who was handling your money died or your account was hacked and the hacker(s) need ransom money before we can get your money back, and so on. This will go on to a point where they stop answering your emails. Eventually, they’ll block you and that’s when you’ll realize that you have been duped. 

Avoid Arbitrage Genius like the plague. This is a known scammer with a bad terrible reputation online, including on review forums like Trustpilot and Scamadviser. 

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