Cryptocurrency Scams

Antares Review: A Callous Investment Platform (antares6.trade)

Antares (antares6.trade) is an inconvenient crypto and forex investment platform. The founder is an actor paid by Russian scam artists. Those who have invested with the platform are having a hard time withdrawing funds. Most of them are being redirected to a sister platform known as Alcor. For those who don’t know, Alcor is a proven exit scam. Please find out more in our detailed ANTARES REVIEW.

Antares Review

About Antares

Alex Richter claims to be the brains behind this platform. As it turns out, the platform is a hoax. Antares claims to offer advanced high-margin tools that create accurate results when trading. Unfortunately, what we have seen so far from the bots is entirely the opposite.

When you land on the homepage, the first video is from the supposed owner. Alex tries to sell the part and even has the company’s shirt and logo. Most European investors have fallen for the platform’s aesthetics and ROI appeal.

What investors don’t know about the platform is that it doesn’t create any lasting impression. Instead, the platform is urging members to switch to Alcor as regulators have already banned it. FSMA is the first of many regulators to issue such warnings.

The homepage has a countdown timer with details of when the platform audit will be complete. Regulators have been auditing the platform due to the many complaints from investors. However, the countdown is false as regulators have already issued a warning regarding investing with it.

Antares6.trade will take your money in several different ways. Most of them include soliciting funds by urging investors to deposit more funds. When you deposit more funds, the platform claims you’re likely to increase your ROI.

Before investing in any platform, you need to check out what other investors are saying about the platform. It means having to do due diligence and research on the platform. You can also reach out to us and request a review on any crypto or forex investment platform.

Accounts and Tiers Antares

Antares doesn’t offer any real accounts to investors. Instead, the platform asks investors to use their trading bots on any platform. And this means having to subscribe monthly to their inaccurate trading bots.

When investing with the platform, you are required to deposit not less than $500. Beginners are yet to receive their ROI even after following each guideline. The creator claims they will refund them after switching to Alcor.

Before you go ahead and invest with Antares, you need to know the acceptable minimum deposit. The industry has set $250 as the acceptable minimum deposit. What this means is antares6.trade is taking advantage of investors.

Affiliate Programs

There are several affiliate programs found on the platform. These programs promise cash incentives to anyone who directs investors into the platform. However, before you do so, there are some troubling signs you need to see.

Most affiliate marketers have blacklisted antares for failure to release commissions. These affiliate marketers are now facing the blame from investors. These investors believe the affiliate marketers knew the platform was a burst all along.

Before you tarnish your reputation, you need to find out the transparency of a platform. Transparency plays a huge role in proving that a platform is legit or not. And this means the platform has to share all relevant details.

Most of the affiliate programs center on crypto and forex platforms. Examples include binary and coin profit systems. The platform also provides crypto cashback and P2P systems. All these platforms are traps for anyone wishing to invest in Crypto and forex platforms.

AI Technology not found on Bots

Antares Accounts and Trading Tiers

Despite claiming to offer AI technology, it’s not the case. The bots have lag issues which is a problem for investors. Those who haven’t made any profit shouldn’t bother using the bots on the sister platform.

We have a platform trying to get clients to believe in the technological advancement of the platform. For example, with AI technology, you should get bots that have at least 80 percent accuracy. It’s not the case with antares6.trade.

Alcor Sister Company

Alcor is the sister company investors, and members are asked to sign up with. The owner claims antares6.trade will pay back the funds held by the parent company. Anyone with a balance of more than $100 is said to benefit from the transfer.

It’s not the case, as the platform still blocks withdrawals. Instead, the people behind it want users to switch to another platform not recognized by authorities. And this will give the platform a better chance of scamming other investors.

Alcor will also exit as fast as it came into the picture. We have seen this trend before from Russian-made scams. It’s ideal to stay away from such platforms as you will likely lose your investment.

The platform is far from regulated and doesn’t even offer a shred of transparency. What we have is an attempt by the platform to try and steal from naïve investors. We won’t let this happen on our watch. We must expose every platform that belongs to Alexander.

Antares Products

The platform has over 13 products on offer. These products include broker, Crypto, exchange, gambling, p2p, wallet, and more. Most of these products are centered on the platform’s ability to make high ROIs.

On the broker platform, you get the promise of learning how to trade with their custom-built platform. Antares claims to be a reliable broker with years of experience. However, no one knows the professional or skill levels of brokers working under the platform.

The platform also offers bots for Crypto and forex trading. Unfortunately, a massive problem with these robots is accuracy. As far as trading goes, no expert or robot can guarantee 100 percent accuracy.

It means the bot doesn’t make any losses which is not true. Those who have used the bots don’t have any positive comments. The bots are slow in analyzing the markets leading to huge losses by users.

There’s also an exchange platform where investors can exchange Crypto for Fiat. It’s another avenue the platform wants to take advantage of users. The exchange will likely hold your funds on secondary wallets.

You also get a gambling platform that uses Crypto and a trading school. What caught our eye was the educational tools used by the school. These are materials you can quickly get online. The school is a joke that makes users pay high amounts for free materials.

Business owner

Owner or Antares6.trade

And this is where things get interesting with the platform. Both Antares and Alcor claim to have one owner. However, our investigations reveal that the owner is an actor whose real name is Alexander Zhirovkin.

We have seen this face before in countless exit scams. It’s what led us to expose the platform. But, unfortunately, most of the people behind it hire the same person to act as the CEO and owner of the platform.

After FSMA did their investigation, it’s clear that the owner is now hiding in the Dominican Republic. It’s after the expose that the light was seen. But, unfortunately, the actual owners of the platform remain unknown to the public.

It would be best if you stayed away from the platform and any platform with his face. Alexander Zhirovkin is a proxy used to steal from unsuspecting European investors. And this is the reason why we must expose the platform.

Compliance, License, and Regulation Antares

Antares is not a licensed platform and is facing a warning from the FSMA. The warning means your funds are at risk. There’s no information on their platform detailing any compliance. You should check whether a platform is legit before investing.

Go for platforms that reputable regulators have regulated. These regulators include BaFIN, CNMV, CONSOB, CySEC, FCA, FINMA, and FSMA in Europe. Other regulators include ASIC, CFTC, NFA, and the SEC.

These regulators work to ensure all parties adhere to strict investing and trading guides. For example, each platform must deposit a minimum amount to start the trading services. The amount is insurance cover for deposits made by the public.

Company Profile antares6.trade

We see the attempt to sell the platform as a lucrative investment venture on the company profile page. The platform comes out as a modern, profitable business that attracts high-end clients. It’s this niche that makes investors want to deposit funds with the platform.

The company comes out swinging by claiming to be the bridge to success. With their high-end products, antares6.trade claims to help you earn more money than ever before. But, of course, this is a lie meant to drive more sign-ups.

When you read their history, that’s when you know the platform is full of crap. According to the history page, the platform began in 1934. The courage of Carl Rehnborg inspired Alex Richter to create the Antares platform.

And this is where the founder claims to have found inspiration to create a digital-focused business. But, unfortunately, the platform’s timeline doesn’t add up, and it’s the reason there’s no basic background information.

Scam artists will do or say anything to make their platforms appear weak. And this means having to lie and use heavy words to entice investors. We know for a fact that the platform has been active for less than one year.

Antares6.trade License Warning from FSMA

Contact and support

Imagine a platform that claims to offer digital solutions and doesn’t offer any real support! That’s what antares6.trade brings to the table. Despite their talk of being technologically advanced, there’s no actual support structure.

On their contact page, you get a google map with an email address. There’s no phone number or actual live support feature. You have to wait for the platform to respond to emails which might take forever. And this is the reason why we must expose the platform.

When choosing a viable investment platform, you need to go with one that offers live support. So first, it’s best to go for a platform that provides direct contact. Next, you need to sign up with a platform that offers live support.

What we see from antares6.trade and Alcor is the same. The platform wants to control the communication process. With no direct access to you, the platform will either respond or choose to ignore.

Deposit and Withdrawal

To make sure that anyone in the world can invest with them, there are several funding methods. These include bank and wire transfers. You can also fund your accounts using crypto assets which, to them, is the best way to fund accounts.

Once you fund your account, the balance will reflect in your trading account within 24 hours. We don’t advocate for it as the platform doesn’t allow anyone to withdraw funds. Even if you are a day trader, withdrawing funds is limited.

Those who have invested heavily with the platform are at risk. The platform doesn’t even allow partial withdrawals. And this is the reason regulators had to issue a warning. The platform doesn’t offer investors any actual withdrawal.

Fund Safety Antares

Are your funds safe with Antares?

Your funds are far from safe with a platform that fails to offer any insurance cover. We also suspect the platform is segregating accounts. It means all funds are held in one account, which is highly unsecure.

If and when bankruptcy or insolvency sets in, everyone will likely lose funds. And this is the reason why we must expose the platform. Safety of funds is out of the question, with a platform facing a warning from regulators.

Our Verdict

There’s no way we would ever recommend investing or trading with the platform. However, you need to stay away from or risk becoming their next victim.

Below are the main reasons why the platform is a high-risk investment platform

  • A warning from FSMA
  • Bots are inaccurate
  • Complaints from users
  • Unavailable support
  • Regulation is a problem
  • Safety of funds is an issue

Now you know the reasons that make antares6.trade a scam. If you invest with the platform, you are likely to lose your funds and more. The platform is also harvesting banking information from members.

There’s no telling what the platform will do with your funds. And this is why it’s best to stay away from the platform.

Feel free to contact us if you need help finding the best platforms and ways of investing.

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  2. Thanks to the admin for this review information.
    Reviews like this is always advantageous
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