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Aw Financial Review: Is Aw Financial Services A Scam Broker?

AwFinancial.com Review: Aw Financial Services (AFS) claims to be an investment and trading platform made for “people who refuse to settle for average investing”. It was founded in 2015, according to awfinancial.org, “and got regulated in 2018”. It claims to hold an ACN (Australian Company Number) certificate of registration.

Further, there are offers of investment solutions such as forex trading, cryptocurrency trading, stock trading, and real estate investments and developments. Other information on the page discusses the investment solutions offers. They claim to give better investment returns, investment expertise, customer service and more.

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Aw Financial Trading Platform

It is stated that Aw Financial Services Trading Software uses a web-based trading software. This is direct contrast with many trusted brokers who use MT4/MT5 due to the many advantages. A demo account registration turned out to be difficult to register.

There is nothing said about the leverage offered or spread as well. As is seen on the page, Aw Financial Services just seem ready to give promises without any information about the corporate entity running it.

Deposit and Withdrawal Methods on Aw Financial Services

It seems that the only means of making deposits on Aw Financial is via cryptocurrencies. This is not an encouraging discovery as other legit brokerages offer standard means of deposits. Minimum deposit is $2,000, which is high. Nothing is also said about withdrawal fees. Only a vague mention of “money back guarantee” without further details.

This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.

Is Aw Financial Services Licensed?

It claims so on the website. Is this however a legit broker? A search of the ACN provided above turned out that there is indeed a company registered to the Australian Securities & Investment Commission with the number. The name is however slightly different, this company is AW Financial Services PTY LTD. It has only two other business names Kind Money and Aussiewide Financial Services.

What does this show? Simply put: Aw Financial Services are running a scam operation by cloning the details of a regulated company. This is already the trend among scam operators. The website is suspicious as well to be owned by a legit company because it provides no useful corporate information.

Support

To contact a customer care representative, call: +61 488 897 186 or email: support@awfinancials.org

Conclusion

It is clear that there is something dubious about this broker named Aw Financial Services. The gaping lack of useful information on corporate matters. Several promises that seem too good to be true. Cloning the identity of another company. No regular deposit mediums available. Traders will take not of this before deciding if this is a scam broker or not.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website

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Mrs H
Mrs H
2 years ago

SCAM SCAM SCAM
Do not invest in this company. How can they have been founded since 2015 if they were only set up as a website 271 days ago.
Look them up on scamadviser.

Here is what it says;
Webshop data
Website awfinancials.org
Title AW FINANCIAL SERVICES (AFS) 8211; Home
Description Invest in your future and that of your kids. Invest in AW FINANCIAL SERVICES.
Website country United States
Domain age 271 Days
Website Speed Very Fast
Website value $ 4,514.71
Tags kids

I have lost all my money along with around 20 others that I know – do not press re-invest blue button, get your money out . I am based in the UK. All that you read on trustpilot – the bad reviews is true.

PS Their registartion expiry date as below too !!

Registrar Registration Expiration Date: 2020-02-03T00:47:33.00Z
Domain name: awfinancials.org
Registry Domain ID: D402200000009157255-LROR
Registrar WHOIS Server: whois.namecheap.com

Updated Date: 2019-02-03T00:47:33.00Z
Creation Date: 2019-02-03T00:47:33.00Z
Registrar Registration Expiration Date: 2020-02-03T00:47:33.00Z

PPS here it is in real time there is only 3 months to go as of todays date 4th Nov 2019 before they expire ……..

IMPORTANT DATES
Updated: 2019-02-03 01:47:33 (9 months & 3 days ago)
Created: 2019-02-03 01:47:33 (9 months & 3 days ago)
Expires: 2020-02-03 01:47:33 (3 months & 1 day ago)

M H
M H
2 years ago

As the saying goes “if it’s too good to be true, then it probably is”
I was introduced to this company by some friends and in early August, invested a decent chunk of money into this scam company. I watched my earnings increase week by week and my initial investment grow. In early September, communication stopped and there were promises of payments on a number of occasion, which never materialised!
I never thought to withdraw any of my earnings and continued to re-invest. Not only that, I invested some more and introduced the company to friends and family, who by my recommendation, invested too. How bad do I feel?
Don’t be fooled by theses scammers…..your dreams will be shattered like mine!

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