Finance Advisory AG

Investigating Finance Advisory AG: A Comprehensive Review

Today, we present the Finance Advisory AG review — an overview of a Forex/CFD broker luring traders with yet another fabricated story. The broker claims to be registered in Switzerland, serves over 1,000,000 clients, and promises exclusive trading conditions, top-tier service, and full security of transactions and funds. However, none of this should be trusted because this project is the creation of scammers. The information below will help you avoid losing money to fraudsters.

Key Takeaways

• The broker pretends to be a legitimate company by using the details of an existing business, but it has no registration of its own.
• It lacks licenses and is incapable of obtaining any.
• The broker hides all critical information.

Overview of Finance Advisory AG

Can we assess how honest a broker is? Of course, and it doesn’t take much effort. In most cases, the information available in open sources is enough. As always, we’ll begin our review of Finance Advisory AG by examining the company’s official website.

Broker History

Scam brokers often hide almost all key details from traders, including company history. This is understandable — they can’t provide real data, and fabricated details can easily be debunked by experienced users.

The Finance Advisory AG website offers no specifics: no date of establishment, no significant milestones, and no development plans. The classic scheme, which is also used by Groshare Limited, about which you can read a review here.

While the absence of such details doesn’t automatically label the broker as a scam, it’s certainly worth noting.

Financeadvag.com Website

If there’s one thing the developers of Finance Advisory AG got right, it’s the design of the website. It features a polished template, well-optimized pages, a great choice of color themes, and thematic imagery — all of which deserve recognition.

However, the content is a completely different story. It’s difficult to give it even a passing grade, as most pages are utterly useless, and others contain blatantly false information. Here are some examples:

• Different maximum leverage levels are mentioned on various pages. Is this the result of the team’s unprofessionalism or an intentional attempt to mislead potential clients? Either way, it raises doubts about the broker’s credibility.
• The website boasts 1,495 reviews on Trustpilot with an average rating of 4.5 out of 5. However, upon checking the platform, it turns out that Trustpilot has no records of such a company, and no users have written about it. This is yet another attempt to deceive potential clients.
• The Terms & Conditions section is laughable. A handful of points bear no resemblance to an actual User Agreement. Is this supposed to convince clients to deposit money? No court would take such a document seriously.

The website provides little to no factual information about the company, its activities, or its services. Instead, it’s filled with marketing slogans about “the best conditions,” “top platforms,” and “superior service.” It reads more like an advertisement than an informative resource.

The website’s primary goal is clear — to attract as much client money as possible. This is no surprise, as Finance Advisory AG was designed with that purpose in mind.

Registration Process and Personal Account

Finance Advisory AG allows anyone to become a trader, regardless of their experience level or financial resources.

It seems extremely easy to open an account with this broker. You only need about 30 seconds to fill out a few fields on the registration form, requiring minimal personal information:

• Full name.
• Contact details (email and phone number).
• Country of residence.
• Password (entered twice).

Additionally, users must agree to the Terms & Conditions and Risk Disclosure Notice (though the latter document is missing from the broker’s website) and pass a reCAPTCHA verification.

Unfortunately, independent registration is impossible. The broker requires a mandatory Registration Code, which can only be obtained by contacting their support team. This is yet another classic scammer tactic: filtering even those users who approach the company on their own through personal contact. Experienced traders recognize this as another red flag of a fraudulent operation.

As expected, we were unable to obtain a code. Therefore, we cannot comment on the functionality of Finance Advisory AG’s client area. However, we doubt there would be anything new or unique to see.

Trading Platform

Finance Advisory AG describes its trading terminal as one of the best in the industry. While we couldn’t test its features, based on the images in the “Our Platform” section, the software looks quite familiar.

This platform might be better than what many other scam brokers use. At the very least, it allows multiple price charts to be displayed simultaneously and supports one-click trading.

However, there are still significant issues with the platform, such as:

• Why do the current bid/ask spreads on the Buy/Sell buttons differ from the values listed in the specifications?
• Why are there only five time frames available on the price charts? And why are popular options like M30 and H4 missing?
• Why can’t users manage the list of trading assets? Most traders prefer disabling unused symbols to save time searching for the ones they need.
• Why didn’t the developers allow resizing price chart windows except for fullscreen mode? Adding indicator windows makes the market overview almost impossible, let alone proper analysis.
• Will users ever be able to add custom indicators and trading robots?

These questions highlight that the Finance Advisory AG trading platform has more problems than advantages. Furthermore, user reviews reveal an even bigger issue: server administrators reportedly have unrestricted access to the quote stream and can alter it arbitrarily. This makes fair trading with this broker impossible.

Contacts

The contact page of Finance Advisory AG is structured similarly to countless other scam projects. It features:

• A contact form.
• An office address in Zurich, Switzerland.
• A Swiss phone number.
• A couple of email addresses.

However, there are standard issues:

• The office address is in Zurich, but the phone number has a Geneva area code. It’s hard to imagine such confusion in Swiss offices.
• The company has no online chat functionality. Clearly, resolving visitors’ issues promptly is not a priority, or the firm lacks sufficient staff to manage live support.
• Finance Advisory AG has no links to social media accounts. It’s either not interested in building an audience on social platforms or lacks the resources and specialists to manage communication there.

These are typical signs of scam brokers. It’s hard to believe that a company using such methods operates honestly.

Analysis of Services Offered by Finance Advisory AG

We are almost certain we are dealing with a scam broker. Further analysis of the company’s offerings will likely provide even more evidence.

Funding and Withdrawal

The “Funding & Withdrawals” page on the Finance Advisory AG website lists the following payment methods for non-trading operations:

• Bank transfers.
• Debit/credit card transactions.
• Cryptocurrency operations.

Unfortunately, since we lack a working account, we couldn’t verify the deposit process. However, a few observations stand out. The company conceals its payment details and likely uses “drop” accounts for bank transfers, a common tactic among scammers.

Finance Advisory AG Trading Conditions

The firm deliberately avoids publishing critical information for traders, and this extends to their trading conditions. However, a table with account types is available on their website.

The table outlines seven account types:

• Intro. Minimum deposit of £100, leverage up to 1:10, “standard” spreads and swaps.
• Beginner. Minimum deposit of £5,000, leverage up to 1:20, “standard” spreads and swaps.
• Silver. Minimum deposit of £25,000, leverage up to 1:50, “medium” spreads and swaps.
• Gold. Minimum deposit of £75,000, leverage up to 1:100, “medium” spreads and swaps.
• Premium. Minimum deposit of £150,000, leverage customizable by the user, “low” spreads and swaps.
• VIP and Partners. Minimum deposits of £250,000 and £1,000,000 respectively, with the same conditions as Premium accounts.

Here are some of the key concerns regarding this table:

• Why is there a 50-fold increase between the Intro and Beginner account deposits, despite the only difference being leverage (1:10 vs. 1:20)?
• What is the broker’s maximum leverage? The table states up to 1:100, the FAQ mentions 1:200, the Products section lists 1:20, and the About page claims up to 1:500.
• What exactly are “standard,” “medium,” and “low” spreads if the broker claims they start at 0.0 pips? The same question applies to swaps.
• From which sources does the company pay interest on higher-tier accounts if it supposedly doesn’t access user funds?
• Which European regulators allow bonuses of up to 100%?

Will their support team answer these questions? We doubt it.

Is Finance Advisory AG Trustworthy and Reliable?

We strongly suspect this broker is a scam, but so far, we have mostly circumstantial evidence. Let’s analyze the official details about the company.

Assessing Legitimacy

As mentioned earlier, the broker’s website lists an office address and phone numbers in Switzerland. Let’s verify if Finance Advisory AG is registered in the Swiss business registry.

Expected results:

• A company with this name is registered in Switzerland.
• It was established in 2008 and remains active.
• It provides trust management services.

However, brokerage or dealing services are not listed as part of its permitted business activities. Furthermore, Finance Advisory AG is neither authorized by FINMA nor licensed by any European regulators.

What does this mean? Scammers are operating online without registration or licensing, while falsely presenting details of a legitimate company. This is one of the most conclusive pieces of evidence proving that this broker is a scam.

Established Track Record

The broker’s website lacks information about the company’s history. However, domain registration details are accessible via Whois.

The active domain, financeadvag.com, was registered on November 26, 2024. Previously, the broker used the domain financeadvisoryag.com, registered in September 2024. The reason for switching domains is unclear, as only a short time passed between the registrations. It’s possible that the broker misappropriated funds from its first batch of clients, leading to negative publicity online.

The website boasts over 1,000,000 clients in just a few months, which is an impossible achievement. But then again, honesty is hardly expected from a company built on deception.

Implications for Traders

Finance Advisory AG is a scam broker, and engaging with them will guarantee a 100% loss of all investments. The company operates illegally without registration or licensing, falsely uses the name of a legitimate firm, and provides misleading information to appear credible.

Strengths and Weaknesses