Ark Code (ark-code.com) is one of the biggest Crypto scam apps we’ve seen recently. Those who dared sign up are now ruing the decision as the app cripples their devices. In addition, when downloading, most OSs know the app as malicious software.
The reason for this is the app steals personal data from your files. Unfortunately, ArkCode is also inaccurate, and the signals provided are dismal at best. Here’s our comprehensive ARK CODE REVIEW.
A landing page is screaming for a professional who knows what they are doing. We get why most investors fell for the app with the enticing aesthetics. After all, it did promise to help traders make immense gains.
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The Ark Code claims to provide users with real-time market-driven results. However, the accuracy of the signals is in question, including the speed of execution. In addition, you find software lacking in automated tools and speed of use.
From the about us page, we get that a team of professionals built the ark code. However, who do these professionals remain to be seen? You would imagine a successful app owner would want recognition from the market.
All the information tells us that ArkCode is an anonymous software. No one wants to associate with it. And that spells doom for anyone looking to invest with them. So here, we have an app that fails miserably to convince us of the success rate.
Downloading the app requires you to register first with several documents as proof of user. We don’t understand this, as the platform can use a two-factor authentication process. Why would the store go for such?
There are several issues we found regarding conditions for trading. That includes a lack of information needed to discern the app’s credibility. For example, we don’t know the success rate and speed of execution.
These are the details you need from a trading robot before engaging. It seems clear the owner wants us to take their word for it. It would be best if you did proper research on a store before committing. That will help you avoid brokers or software providers with a hidden agenda.
You can only download the app from the website. You would expect a successful trading app to be available on Google Store. Unfortunately, that’s not the case, as the owner wants to use the proprietary software approach.
A successful trading bot would have millions of downloads. Plus, the subscription fees would be high to ensure profitability. Instead, we have a store claiming to offer the app for free. It’s when you sign up do you realize the hidden fees.
The platform offers one account for all services. These include trading and signal services. Once you sign up and begin trading, the software will issue a pop-up message about your subscription. If you sign up, the software takes over your trading.
What’s funny is that the software isn’t compatible with other platforms. You have to use the market data provided. It’s a trading platform, which also means having to deposit trading funds there.
Once you do, the app has full access to your billing information. It automatically bills your subscription. Unfortunately, trying to cancel the subscription is a tall order. Most have tried and failed. It’s for this reason we flag ark-code.com as a scam.
There’s relevant information missing from the homepage, such as set conditions. For example, how does the app furnish traders with investment signals from varying leverage? What’s the app's set leverage for trading different markets?
We also don’t know whether the available conditions offer floating or fixed spreads. These are the valuable information traders need before committing funds. For all we know, the app would change these conditions to benefit the developer.
Depending on the user, the app claims the more you deposit, the higher your chances of winning. The lowest depository amount allowed on the app is $1.000. That’s way more than the acceptable minimum deposit in the trading world.
Don’t let anyone app provider or broker fool you. As a newbie, you should invest a maximum of $250 in new platforms. Although a small amount, it helps to know what you’re getting into. It would be best if you protect your interests at all times.
The store fails to offer negative balance protection. Instead, you get an app to put all your deposit on the line. Imagine when the signals are slow or wrong. That means having to lose your entire investment at once.
The app doesn’t have a license to offer such trading tools. Furthermore, no expert or professional trader has tested the app on behalf of users. Even Beta testing of the app is not known. That’s why we insist you stay away from it.
It would be best if you used apps with a 4-star rating from the crypto and forex communities. Traders must check what other traders are using before jumping to new and unproven apps. That’s the only way to stay safe.
The risks include losing your personal information to hackers. There’s no telling what the owner does with your personal information. We don’t get to see any privacy policy when downloading or using the software.
Once you buy the subscription, the app won’t even manage to help you gain profit. Instead, the store will move towards getting access to your files. With these fills, the app can bill you using credit card information saved on your device.
Several clients have lost funds this way. After signing up, all of a sudden, their bank account balance was in the red. That’s how we know the scam is a massive scam. You need to stay away from it or risk losing everything.
We rank the ark-code.com app a 1/10 since there’s no advantage to using the app. Instead, the app is malware looking to cause havoc and pain for members. That’s why we flag it as one of the biggest crypto scam apps.
The software also fails to mention the number of crypto assets available for trading. Does the software pair cryptos with other major currencies such as EUR or USD? Or is the app only pairing leading cryptos against each other?
Don’t expect the store to offer contact or support once you download and sign up. Before then, the store will send you hundreds of emails with claims about how good it is. You need to stay away from such stores or risk losing everything.
The store accepts several depository channels, including bank and wire transfers. However, the app considers crypto deposits better due to their anonymous nature. Therefore, please don’t subscribe to any of the plans listed.
Most of those who have used the app consider it a scam. There are no good tools, and the results are dismal at best.
Please stay away from the app.
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