✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in ARKcoin. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about ARKcoin and tell you why we came to such a conclusion:

Basic Information

🌐 Websitearkcoin.cc – arkcoin.live
🏠 CompanyFlack Consulting LLC
RegulatoryNot regulated
📧 Email[email protected]
📈 LeadingMetaTrader4 (MT4)
📌 DirectionSt. Vincent and the Grenadines

⚠️ ARKcoin is owned by FX Capital Ltd, the company is located in Saint Vincent and the Grenadines, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we are going to analyze the types of accounts that ARKcoin offers, in this case, we observe that it offers 3 different types of accounts:

Account typeMinimum initial deposit
beginner €250
Mediate€2,500
Classic€25,000

Information on the web

Arkcoin website

ARKcoin provides an explanation about the services it offers, market news and analysis, economic calculator and calendar, FAQ section, not much more than this.

List of phone numbers

  • So far the company does not have phone numbers.

🚫 Final valuation of ARKcoin 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH ARKcoin.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about ARKcoin:

Date Update – news
July 2022Complaint against ARKcoin from Dutch financial regulator: AFM.
March 2023Complaint against ARKcoin from financial regulator: CONSOB.

User Reviews

[democracy id = ”4120 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with ARKcoin.

At the end of the review you will find customer comments.


How to Claim Money Scammed by ARKcoin

How to Report ARKcoin

FAQs

How can I report ARKcoin?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is ARKcoin a scam – is it scam?

Yes. We believe that ARKcoin is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is ARKcoin trustworthy?

No. ARKcoin is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from ARKcoin?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to ARKcoin?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

86 comments on «Is ARKcoin a scam? 2023 Reviews»

  1. José Reply

    THEY ARE THIEVES AND SCAMMERS. SCREAM ALL QUALIFIERS
    NEVER WORK WITH ARKOIN...
    MY ADVISOR WAS ROSSIO MENDOZA A WOLF FROM WALT STREET IN LAMB'S SKIN. LIAR THIEF
    THAT THIS COMMENT BE POSTED AND PASSED

    • Recommended-brokers.com Reply

      Hi Jose, thanks for writing about ARKcoin. This broker is considered a SCAM. The CONSOB (Italian Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their customers (See CONSOB link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

  2. ANONIMO Reply

    They are denounced by the CONSOB, how do I get my money back?

    • Recommended-brokers.com Reply

      Hello ANONYMOUS, thanks for writing about ARKcoin. This broker is considered a SCAM. The CONSOB (Italian Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their customers (See CONSOB link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

  3. Isolina Garcia Martin Reply

    ARKcoin has scammed me €43. I can't get my money back. I have reported it to the police but I don't think they can do anything. Also consult with trader and justice, it would be very expensive and they give me little hope, I am not willing to lose more money to achieve nothing. I do not know what else to do

    • Recommended-brokers.com Reply

      Hello Isolina, recover your capital with us. Thank you for commenting on ARKcoin. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.

      Greetings.

    • E Reply

      Dear Isolina: Even if it is hard to accept, your decision is the best, accept that you have been scammed and not lose more money. After two months, they keep calling me, it's always a different company, I give them a reel sometimes to find out more and share it.

  4. PP Reply

    Here another victim. It hasn't been a lot of money but it was enough for me to screw around since they don't give it to me as a gift; but I have sinned innocent and confident, I carry my penance. Cristina Franchi is the name of my “advisor”. She empathetic, kind, miserable, disgusting. She even told me the story of the loss of a nephew to move me, I hope it wasn't true. When she was convinced that I would not invest anymore, it turned out that my money was in a mutual fund (which I had gotten into without me asking her or telling me, because she liked me) and that I could not take it out because it would make other investors lose ( fictional I guess). Then, that she couldn't get anything out until a month had passed. Meanwhile, my earnings have multiplied in an incredible way. He was preparing his next hit, of course, asking me for the commissions to see if he would slip in again. It didn't slip, but I did keep her interest while I was patient, asking her that if she wanted me to invest more, the company should make a gesture of trust in me, depositing me some money. To my surprise, he did. When it got to my Binance account, I transferred it to my bank, blocked their WhatsApp, their email, and I'm still blocking every phone number (because yes, they keep calling). All calls are from the United Kingdom: London, Southampton, Dublin…). If there is news, I will share it here, I hope no one else loses money

    • Recommended-brokers.com Reply

      Hello PP, recover your capital with us. Thank you for commenting on ARKcoin. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.

      Greetings.

  5. Marta Reply

    SCAM ALERT!!!!!!
    ARKcoin are fake scammers and liars, it is a scam to get money from you and the client can never get a penny.
    The 2 daughters of bitches who contact you to steal your money are Lucia Di Costa and Ivana, the cursed ones, after you transfer them, they want you to show them your bank account if you say no, they don't answer you anymore; they rob you and they should already be in jail

    • Recommended-brokers.com Reply

      Hello Marta, recover your capital with us. Thank you for commenting on ARKcoin. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.

      Greetings.

  6. Marta Reply

    SCAM ALERT!!!!!!
    ARKcoin are fake scammers and liars, it is a scam to get money from you and the client can never get a penny.

    • Recommended-brokers.com Reply

      Hi Marta, don't humor them, block them. Thank you for commenting on ARKcoin. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.

      Greetings.

  7. Manuel S. Reply

    [email protected], hello after a malpractice. If they show that they won, if they don't want to withdraw my capital, they call me to continue investing. And just in case Hera calls me again to presumably return my capital. But she remains in the attempt. This type of platform is unfortunate.

    • Recommended-brokers.com Reply

      Hi Manuel, don't humor them, block them. Thank you for commenting on ARKcoin. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.

      Greetings.

    • Pablo Martín Reply

      Be careful friend, usually they will ask you to make another deposit to return your money, and thus they will try to scam you twice. I'm telling you because this happened to me, so be careful and never EVER send money to withdraw. It is a known scam.

      regards

  8. Brenda Reply

    Arkcoin does not return my money, they make all kinds of excuses not to pay, it is a fraud…don't believe their words…

    • Recommended-brokers.com Reply

      Hi Brenda, don't humor them, block them. Thank you for commenting on ARKcoin. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.

      Greetings.

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