Ares Global Ltd. has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Tried to withdraw my funds from Ares Global Ltd. and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I referred a friend to Ares Global Ltd. based on a colleague's recommendation. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Fast execution|Economic calendar
Cons: Withdrawal takes 1-2 business days
If you are reading this considering Ares Global Ltd. - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over since I opened my account last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Clean UI|Great customer service|Automated trading options|Professional team
Cons: Desktop app not available on Linux|No phone support on weekends
After for a few weeks now with Ares Global Ltd. I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Good mobile app|Fast deposits|Comprehensive tools
Cons: Spreads widen during volatile periods|Onboarding videos are outdated
Do not be fooled by the professional-looking website. Behind the scenes, Ares Global Ltd. is disorganized and incompetent. I found them through a financial advisor and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Transparent fees|Detailed reporting|Personal attention
Cons: Limited demo account features|Website design could be more modern
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
What really bothers me about Ares Global Ltd. is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after hearing about them at a conference and I fell for the polished exterior. Never again.
Pros: Fast execution|Good mobile app|Responsive team|Detailed reporting
Cons: No live chat on mobile|Account statements could be more detailed
My card was charged twice by Ares Global Ltd. on the same day. I had to dispute it with my bank. Ares Global Ltd. then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Multi-currency support|Stable platform|Excellent charting|Multiple order types
Cons: No dark mode on mobile|Cannot customize dashboard fully
The reporting at Ares Global 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: Detailed reporting|Low minimum deposit
Cons: No live chat on mobile|Help articles are sometimes vague
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Ares Global Ltd. has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly