Forex Brokers

ARAM Wealth Management Ltd

1.3 (10 reviews)
🇦🇺 Australia
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1.3
10 reviews
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About ARAM Wealth Management Ltd

ARAM Wealth Management Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: (+44) 330 808 0100, (+64) 9950 8489, (+61) 280 466 556, (+1) 437 888 1190

Addresses: Main Office Solar Dong building 65 Yeouidaebang-ro Yeongdeungpo-gu Seoul South Korea This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.arambinaryoptions.com.

Customer Reviews

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Commission higher than stated

V
Vincent T.
2 weeks ago

The reporting at ARAM Wealth Management Ltd is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Real-time alerts|Multi-device support

Cons: Minor UI glitches occasionally

Must sell everything to leave

C
Charles M.
1 months ago

Do not believe the bonus offer from ARAM Wealth Management Ltd. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Clean UI|Responsive team|Personal attention|Great customer service

Cons: Live chat only during business hours

Can not recommend in any way

S
Sarah Y.
2 months ago

ARAM Wealth Management Ltd seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Easy withdrawals|Copy trading available|Stable platform|Excellent charting

Cons: Limited cryptocurrency options

Automated responses only

C
Carl Y.
4 months ago

The spread at ARAM Wealth Management Ltd is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them while looking for alternatives to my previous provider and initially thought the platform was good - until I started trading seriously.

Pros: Market news feed|Instant funding

Cons: Currency conversion fee exists|Wish they had more educational resources

Limited to their own products

O
Owen W.
5 months ago

ARAM Wealth Management Ltd advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Demo account available|Customizable dashboard

Cons: Slow to add new assets

My worst experience with a financial platform

D
Daniel L.
6 months ago

ARAM Wealth Management Ltd locked my account without warning and demanded documents I had already submitted. for nearly two years later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Market news feed|Transparent fees|Economic calendar|Multi-currency support

Cons: Limited ETF selection|No live chat on mobile

They upsell insurance you do not need

C
Christina N.
7 months ago

I trusted ARAM Wealth Management Ltd with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: API access|Helpful community forum|Fast deposits|Market news feed

Cons: No phone support on weekends

No investor compensation scheme

R
Richard B.
8 months ago

The onboarding at ARAM Wealth Management Ltd was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Risk management tools|No hidden fees|Low minimum deposit|Great customer service

Cons: No crypto staking

Terms change without notice

A
Amy S.
11 months ago

After spending for just over a year trying to make ARAM Wealth Management Ltd work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Regular updates|Wide product range|Excellent charting|Transparent fees

Cons: None so far

Mobile app loses orders

R
Rebecca G.
11 months ago

I wanted to transfer my portfolio from another broker to ARAM Wealth Management Ltd. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Personal attention|Dividend tracking|Clean UI|Segregated accounts

Cons: Help articles are sometimes vague