The brokerage firm promises clients “cutting-edge technology, first-class service and exceptional value.” In addition, the company is allegedly “one of the largest auto lenders in the U.S. by bank loan volume.” According to the contact information on the website, the headquarters is located in England. However, the organization’s exact place of incorporation is unknown. Finally, the intermediary provides dubious documentation of having an FCA license.
Can you trust this CFD platform? We will conduct an Arab Wealth Management review to reveal the real story behind this broker.
How to Trade
The company offers its clients access to the proprietary terminal, which runs in the browser of the device. You will find the following trading conditions on the platform:
- Cryptocurrency, Indices, Commodities, and Forex markets.
- 6 account types, including Islamic tariff.
- Minimum deposits from $50 to $100,000.
There is no information about leverage and spreads. The broker claims that there are no commissions and other fees. Withdrawal of funds is possible within 2 days. The minimum withdrawal amount is individual for each user.
You can undergo training within the framework of cooperation. The company offers for familiarization a table of asset quotes, background information on the market, thematic seminars.
Arab Wealth Management Vital Info
The company claims that it has been operating since 1999 and began brokerage activities in 2014. Meanwhile, there is no mandatory information about the owners and managers of the firm. As for the domain, it was registered in 2016 and renewed in December 2024. According to the Web archive, this domain name belonged to the WN network until 2024, which was engaged in the production of media content. Thus, the platform has actually been operating for several months, and not more than 10 years, as the brokerage claims.
How is the brokerage organization regulated? On the broker’s website, in the “License” section, we found a link to the British portal Companies House. Based on the information provided, this register lists Wealth Management Partnership LLP, registered in 2002. We found no information about its brokerage activities or name change. Besides, the contact details and domain name of this brand do not correspond to those specified by Arab Wealth Management on its official website. Presumably, the hero of our review copied the license of another company in order to make its project look more solid.
I went to the site and immediately saw that this is a useful project. There is a lot of information and it's presented in such a way that it's easy to find what you need. In addition, Arab Wealth Management motivates clients to get more involved in trading. A lot of trading tools are available in the brokerage account. You can also use cryptocurrency on the website and on your smartphone. Depositing and withdrawing money on arabwealthmanagement.net is hassle-free.
I am even a little sorry that I was not able to work with this broker. The problem occurred when opening an account, for some reason I was not able to deposit. There was no help from tech support. By the way, here you can send only an email, because there is no internal chat. No instructions were given to me, and the question remained unanswered. I decided that I should not trade at arabwealthmanagement.net, because I immediately saw the indifference of the staff to the trader.
I almost fell for these scammers. At first Arab Wealth seemed like an attractive project, and I was even glad that I finally found a decent platform. I practiced on the minimum deposit amount, and I realized that the conditions suited me and that the atmosphere here is favorable. However, as soon as I asked about investing a larger amount of money, a stumbling block immediately appeared. Of course, I was going to continue trading with a couple of hundred dollars, but the managers started to persuade me to use a VIP-account, arguing that the more you invest in trading, the more profit you get. I tried to explain that I don't count on large sums and that I don't have $10,000. As soon as I said that, the Arab Wealth staff lost all interest in me. The manager's tone became cold and he hurried to end the dialog with me. After this case I lost all desire to cooperate further with this broker.
I put a stop loss at 1.1205 and they closed my trade at 1.1191! I realized that working with ARAB WEALTH MANAGEMENT is the same as throwing money into a river. I lost 300 dollars just because of their manipulation and arrogance!!! No explanation, they only said that “it is a common practice for market trading”. What do you mean “normal practice”??! They are scammers because they are playing against their customers, and it's obvious! Scammers make deals when it suits them, and at prices you will never see on the screen of any stock exchange.
I have big complaints about the quality of this company. Considering that WEALTH MANAGEMENT has been on the market for a long time and positions itself as a professional broker with a large number of trading instruments, they are really already crossing all boundaries of reasonable trading with their floating spreads. In fact, this condition is specifically set to allow the broker to set the numbers as they see fit (they claim to adjust the rates according to how the market behaves). Also, I couldn't find the Spanish language adaptation on the website, and the support team was unwilling to communicate with me in Spanish, even with the help of Google Translate.
I had no problems with registration and verification. However, I didn't like that the intermediary firm sets the spreads themselves :( they have the right to constantly change them depending on market fluctuations :( This interferes with profit forecasts. I lost €247 here in a week.
The broker is clearly playing against traders. My stop losses were triggered just when the market swung slightly in my direction. This has never happened with other brokers! They obviously took me out of the game on purpose to take my £140. This is not a broker but pure scammers, avoid them if you don't want to bankrupt your accounts!
Everything was fine until I deposited an additional 11K USDT into my account, immediately requotes started at every turn. As soon as the market twitches, the price changes and you have drawdowns, you end up at a loss. I thought it was a game at first, but when I calculated all the losses, it turned out to be about 2.5K USDT per month. Run away from here, if you can!
I thought I could learn how to trade better here. I had little experience and honestly I was hoping to develop my skills, but the educational base here is complete nonsense and there is not even minimal analytics, you can only get it if you open a VIP account or higher. Nothing is provided for beginners at Arab wealth management. By the way, the terminal here is also strange. It slowed down a lot and was poorly customized during trading. Again, this is a big disadvantage because it slows down any work and training very much. Honestly, I'm very frustrated because I had high hopes for the company and expected us to work closely together. Anyway, I have to start my search for a decent site all over again to find a more comfortable place for myself.
This is not a broker, it is a nightmare! I invested 3,000 dollars and Arab wealth management employees started playing with the quotes. Positions close on their own, even if you set a stop loss. The platform freezes all the time, especially during important trading moments. If you do not want to lose your money and nerves, run away from these scammers as far away as possible. No trust! They have deception everywhere!
I have been working with this company for several years now. During this time I was able to build up a good investment portfolio. I wanted to try working with other brokers to compare conditions. However, I didn't last very long. Overall, I didn't do well trading elsewhere. I quickly realized that I felt more comfortable working with Arab Wealth Management. First of all, because of the commission fees. They were higher with other brokers, but you can buy some assets without commission at arabwealthmanagement.net. Secondly, the interface turned out to be the most convenient and understandable here. I think that even a beginner will be able to figure it out. In the end, I came back here and I do not regret it. My advice - open an account here and learn how to invest.