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ADAR Capital

Saint Vincent and the Grenadines|2-5 years|
Suspicious Scope of Business|High potential risk|

https://adar.capital

Website

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Contact

support@adar.capital
https://adar.capital

Licenses

No valid regulatory information, please be aware of the risk!

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Danger

ES CNMV
2022-11-07

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Broker Information

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Company Name

Sonorous Group LLC

Abbreviation

ADAR Capital

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ADAR Capital · WikiFX Survey

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ADAR Capital · Company Summary

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

General Information

Feature Information
Registered Country/Region Saint Vincent and the Grenadines
Regulation unregulated
Market Instrument Forex, Indices, Shares, and Commodities
Account Type Standard, Premium, and Platinum
Demo Account N/A
Maximum Leverage 1:500
Spread Vary on the account type
Commission N/A
Trading Platform WebTrader
Minimum Deposit €250
Deposit & Withdrawal Method Bank Cards (MasterCard/Maestro/Visa) and Wire Transfers

ADAR Capital is a forex broker registered in Saint Vincent and the Grenadines, providing access to a massive financial market. The broker provides access to over 200 financial markets, including Forex, shares, indices, and commodities. Traders can engage in Forex trading, trading major, minor, and exotic currency pairs. Additionally, ADAR Capital offers the opportunity to trade shares of various companies, participate in indices trading, and engage in commodities trading.

ADAR Capital offers three account types: Standard, Premium, and Platinum. Each account type has its own minimum deposit requirement, leverage options, and spreads. However, detailed information about additional features and benefits is lacking.

The broker offers leverage options ranging from 1:100 to 1:500. Spreads are set for each account type and start from 0.0 pips, with no commissions charged on trades. Deposits are processed instantly, while withdrawals may take up to 24 hours for processing and reach the client's account within 3-5 business days.

ADAR Capital utilizes its proprietary WebTrader as the trading platform, which may limit customization options compared to popular platforms like MT4 or MT5. The company provides customer support services through email and a contact form on its website.

It is important to note that there have been complaints from users about difficulties with withdrawals, account access, and sudden disconnections. These issues raise concerns about the company's customer support and reliability.

Here is the home page of this brokers official site:

home page

Pros and Cons

ADAR Capital has both pros and cons to consider. On the positive side, the broker provides a diverse range of market instruments, allowing traders access to over 200 financial markets, including Forex, Shares, Indices, and Commodities. This provides opportunities for diversification and potential profits. However, there are also drawbacks to be aware of. Effective risk management is necessary due to the complexities and volatility associated with trading. Additionally, there may be a lack of detailed information on additional features or benefits, and the minimum deposit requirements for some account types may be high. It is important to carefully evaluate these factors before making any decisions.

Pros Cons
Provides diversification of portfolios Requires effective risk management
Enables exposure to multiple financial markets Different instruments can be volatile
Multiple account options for investors Lack of detailed information on additional features or benefits
Varied leverage options to suit different needs High minimum deposit requirements for some investors
Spreads from 0.0 pips Lack of clarity on the services and support provided
No commissions Absence of information on additional trading tools or resources

Is ADAR Capital Legit?

ADAR Capital is a broker that does not currently possess valid regulation. It is important to note that the absence of proper regulatory oversight may expose investors to potential risks. As such, it is advised to exercise caution when considering any engagement with this broker. Without valid regulatory information, the credibility and security of the services provided by ADAR Capital may be uncertain. It is always prudent to thoroughly research and evaluate the regulatory standing of any financial institution before making any investment decisions.

regulation

Market Instruments

Traders can gain access to 200+ financial markets, including Forex, Indices, Shares, and Commodities.

Forex Trading-Major pairs, minor pairs, exotic pairs

Shares Trading-Hundreds of shares

Indices Trading-Dow Jones Industrial Average (USA), S& P 500 (USA), DAX (Germany), NASDAQ (USA).

Commodities Trading- Oil, Metals, and other Commodities

Market Instruments

Account Types

ADAR Capital gives its clients three available trading account options, Standard, Premium, and Platinum. Your initial deposit determines your trading type, for example, €250 will set you into the Standard account. €2,500 is what a Premium trading account requires, and if you want to try the most advanced account, the Platinum account, you need to deposit at least €25,000, a large amount.

STANDARD ACCOUNT

The Standard Account has a minimum deposit requirement of €250 and offers leverage of up to 1:100. The account has a spread starting from 0.13 pips with zero commissions.

PREMIUM ACCOUNT

The Premium Account requires a higher minimum deposit of €2,500 and provides leverage of up to 1:300. The account offers a spread starting from 0.12 pips with zero commissions.

PLATINUM ACCOUNT

The Platinum Account is the highest tier and requires a minimum deposit of €25,000. It offers the highest leverage of up to 1:500. The account comes with a spread starting from 0.0 pips and zero commissions.

Account Types
Pros Cons
Provides multiple account options for investors Lack of detailed information on additional features or benefits
Varied leverage options to suit different needs Minimum deposit requirements may be high for some investors
Spreads from 0.0 pips Lack of clarity on the services and support provided
No commissions Absence of information on additional trading tools or resources

Leverage

ADAR Capital offers leverage options ranging from 1:100 to 1:500. High leverage is particularly beneficial for professional traders and scalpers. However, it's important to note that higher leverage also comes with increased risk, and proper risk management is advised when utilizing leverage.

Spreads & Commissions

ADAR Capital offers three types of trading accounts: Standard, Premium, and Platinum. They have set spreads for all accounts and do not charge any commissions. The Standard account has spreads starting from 0.13 pips, the Premium account starts from 0.12 pips, and the Platinum account offers spreads starting from 0.0 pips. No commission fees are applied to trades across all account types.

Deposit & Withdrawal

To get started, clients are required to make a minimum deposit of €250. The accepted methods for deposits and withdrawals include Bank Cards (such as MasterCard, Maestro, and Visa) as well as Wire Transfers.

It is important to note that deposit and withdrawal commissions may vary depending on the client's bank. However, ADAR Capital ensures that all deposits are processed instantly, allowing clients to begin trading without delay. On the other hand, withdrawals may take up to 24 hours for processing and typically reach the client's account within 3-5 business days.

spread-commission
Pros Cons
Instant deposit processing Withdrawals may take up to 24 hours for processing
Multiple payment options available Withdrawals may take 3-5 business days to reach
Minimum deposit requirement of €250

Trading Platform

What ADAR Capital is not the MT4 or MT5 trading platform, a WebTrader instead. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.

trading-platform

Deposit & Withdrawal

The minimum deposit to get started is €250, and clients can make deposits and withdrawals through Bank Cards (MasterCard/Maestro/Visa) and Wire Transfers.

Deposit and withdrawal commissions depend on the clients bank. All deposits are instant, while withdrawals can be processed in 24 hours, and reach your account in 3-5 business days.

Deposit
 Withdrawal

Reviews

According to reviews on WikiFX, there have been complaints regarding ADAR Capital. Some users have reported difficulties with withdrawal requests, experiencing problems in accessing their accounts and sudden disconnections. For instance, one user mentioned their communication with a financial advisor abruptly ceased in April, leaving them unable to regain their assets. These issues raise concerns about the company's customer support and the ability to resolve such problems.

reviews

Customer Support

Contact this broker 24/5 using the following methods if you have any questions or problems with your trading: Email: support@adar.capital or fill in the “Contact Form” to get in touch.

Frequently Asked Questions (FAQs)

Q 1: Is ADAR Capital regulated?
A 1: No. It has been verified that ADAR Capital currently has no valid regulation.
Q 2: Does ADAR Capital offer the industry-standard MT4 & MT5?
A 2: No. Instead, it offers a WebTrader.
Q 3: What is the minimum deposit for ADAR Capital
A 3: The minimum initial deposit to open an account is €250.
Q 4: Is ADAR Capital a good broker for beginners?
A 4: No. ADAR Capital is not a good choice for beginners. Not only because of its unregulated condition, but also because of its high initial deposit requirement.

Review 4

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