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/10
The WikiFX Score of this broker is reduced because of too many complaints!

AM Broker

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.ambroker.com/en

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Russia Russia 2.61
Surpassed 15.60% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 20 36 704 699
info@ambroker.com
https://www.ambroker.com/en
https://www.facebook.com/AM-Broker-326883127891531
The WikiFX Score of this broker is reduced because of too many complaints!
Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Saint Vincent and the Grenadines Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
AM Globe Services Ltd
Customer Service Email Address
info@ambroker.com
Contact Number
+442036704699
Account
Marketing Strategy
Biz Area
Website
Genealogy
Relevant Enterprises
Company Summary
Disclosure
News
Wiki Q&A
Comment

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Sources
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Creatives

Website

  • ambroker.com
    185.55.48.241
    Server Location
    Estonia Estonia
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
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Genealogy

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Relevant Enterprises

A-M GLOBE SERVICES LTD(United Kingdom)
United Kingdom
A-M GLOBE SERVICES LTD(United Kingdom)
Deregistered
United Kingdom
Registration No. 11689867
Established
Related sources Website Announcement

Company Summary

AM Broker Basic Information
Company Name AM Broker
Founded 2018
Headquarters Saint Vincent and the Grenadines
Regulations Not regulated
Tradable Assets Currency pairs, CFDs on indices, shares, ETFs, commodities, cryptocurrencies
Account Types Demo, Retail, Professional, Institutional Account
Minimum Deposit $1000
Maximum Leverage 1:500
Spreads Variable
Commission Variable
Payment Methods VISA and MasterCard or electronic payment methods such as Neteller, FastPay, and Skrill
Trading Platforms MetaTrader 5, Web Trading, iOS/Android apps
Trading Tools Economic calendar, technical analysis signals, research reports
Customer Support Email (info@ambroker.com, vietnam@ambroker.com, indonesia@ambroker.com)Phone (+44 20 36 704 699 or +44 2036704699)
Education Resources Online courses and video seminars
Bonus Offerings Sign-up bonus

Overview of AM Broker

AM Broker, established in 2018 and based in Saint Vincent and the Grenadines, is an online trading platform that offers a wide range of financial instruments. Traders can access currency pairs, CFDs on indices, shares, ETFs, commodities, and cryptocurrencies through AM Broker. The platform provides various account types, including Demo, Retail, Professional, and Institutional Accounts, to suit different levels of trading experience and preferences. Available trading platforms include MetaTrader 5, Web Trading, and iOS/Android apps. However, it is important to note that AM Broker operates without regulatory oversight, which introduces potential risks associated with unregulated trading.

Overview of AM Broker

Is AM Broker Legit?

AM Broker is not regulated. It is crucial to understand that this broker operates without any valid regulation, lacking oversight from recognized financial regulatory authorities. Traders should exercise caution and be aware of the associated risks when considering trading with an unregulated broker like AM Broker. This absence of regulation may result in limited options for dispute resolution, potential safety and security issues regarding funds, and a lack of transparency in the broker's business practices. Therefore, traders are advised to thoroughly research and consider the regulatory status of a broker before engaging in trading activities to ensure a safer and more secure trading experience.

Is AM Broker Legit?

Pros and Cons

AM Broker offers a wide selection of trading instruments, providing traders with diverse investment opportunities. The platform employs the widely used MetaTrader 5, known for its advanced features and user-friendly interface. However, it operates without regulatory oversight, which may expose traders to potential risks associated with unregulated environments. Additionally, there is a lack of transparency regarding the company's policies and procedures, which could undermine trader confidence. Furthermore, the inability to access the website presents a significant challenge for users seeking information or support.

Pros Cons
  • Wide selection of trading instruments available
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Employs the widely used MetaTrader 4 platform
  • Lack of transparency regarding company policies and procedures
  • Unable to access the website

Trading Instruments

AM BROKER provides a diverse range of trading instruments across 6 asset classes, catering to the varying needs and preferences of traders.

In the Forex market, traders can access a comprehensive selection of 100 currency pairs, encompassing major, minor, and exotic pairs, with floating spreads starting at 0.6 pips. With a maximum leverage of 1:500, traders have ample flexibility to execute their trading strategies effectively.

For CFDs on commodities, AM BROKER offers leverage of up to 1:500, featuring popular commodities such as gold, silver, gas, oil, and Brent.

Traders interested in indices can choose from a total of 20 indices, also with leverage up to 1:500.

Furthermore, AM BROKER provides access to over 3,000 stocks for CFD trading, with a maximum leverage of 1:20, offering ample opportunities for diversified trading.

Additionally, traders can explore CFDs on ETFs, with up to 300 ETFs available from 25 stock exchanges, and leverage of up to 1:20.

Finally, for cryptocurrency enthusiasts, AM BROKER offers CFDs on top cryptocurrencies like Bitcoin, Bitcoin Cash, Ripple, Ethereum, and Litecoin, with leverage of up to 1:5.

Trading Instruments

Account Types

AM Broker offers a range of account types tailored to suit the diverse needs of traders: Demo, Retail, Professional, and Institutional Accounts.

The demo account replicates the conditions of live trading, providing traders with access to all functions and features available on a live account, but with virtual funds, ensuring a risk-free environment for practice. However, profits earned on the demo account cannot be withdrawn.

The Retail Account requires a minimum deposit of $1,000 and is suitable for individual traders.

The Professional Account, requiring a minimum deposit of $10,000, caters to experienced traders seeking enhanced trading features and benefits.

The Institutional Account, with a minimum deposit of $100,000, is designed for institutional investors and provides specialized services tailored to their needs.

Account Type Minimum Deposit Maximum Leverage Commission Spread Type
Retail Account $1 000 1:500 No From 0.6 pips
Professional Account $10 000 1:500 Commission 3 USD per lot per deal for Indices, 7 USD per lot per deal for Commodities, from 7 USD per lot per deal for Forex From 0.0 pip
Institutional Account $100 000 Competitive Spreads
Account Types

Leverage

The maximum leverage offered by AM Broker for both Retail and Professional accounts is 1:500.

Leverage

Spreads and Commissions

In the Retail Account offered by AM Broker, traders benefit from competitive spreads, starting from as low as 0.6 pips. Unlike some brokers, there are no commissions charged on trades within this account type, allowing traders to keep more of their profits.

On the other hand, the Professional Account provides traders with even tighter spreads, starting from 0.0 pips, offering enhanced trading conditions. However, there are commissions applicable to certain instruments traded within this account type. For instance, traders are charged a commission of 3 USD per lot per deal for Indices, 7 USD per lot per deal for Commodities, and a variable commission starting from 7 USD per lot per deal for Forex trades.

Lastly, the Institutional Account offers competitive spreads.

Spreads and Commissions

Deposit & Withdraw Methods

AM BROKER offers multiple convenient payment methods for funding accounts and processing withdrawals. Traders can fund their accounts with a minimum of $1,000 for Retail, $10,000 for Professional, and $100,000 for Institutional accounts, without any specified maximum deposit limit.

Payment methods include credit/debit card payments using VISA and MasterCard, as well as electronic payment options such as Neteller, FastPay, and Skrill.

However, it's important to note that money withdrawals can only be made via Visa or MasterCard, which may be perceived as a disadvantage due to the longer processing time, taking almost a whole week for funds to be withdrawn using these platforms.

Additionally, transfers may experience delays of up to 5 days in cases where documents about the account holder are missing or remain unverified, highlighting the importance of ensuring all required documentation is provided promptly to avoid any delays in processing withdrawals.

Deposit & Withdraw Methods

Trading Platforms

AM BROKER provides traders with three main trading platforms: MetaTrader 5 (MT5), a robust platform known for its advanced features and automated trading capabilities; a Web platform accessible via web browsers for convenient trading; and a Mobile platform, allowing traders to stay connected to the markets on the go.

Trading Platforms

Trading Tools

AM BROKER offers traders access to a range of trading tools, including an economic calendar, technical analysis signals, research reports, and a blog. Additionally, they provide a competitive robot-trading tool for automated trading.

Educational Resources

AM BROKER provides educational resources to support traders in enhancing their knowledge and skills in trading. These resources include online courses and video seminars. Additionally, traders with a professional account benefit from access to a portfolio managed by a dedicated account manager who offers personalized one-on-one training sessions.

Customer Support

Their support team is available 24 hours a day, five days a week, ensuring assistance is accessible whenever needed. Traders can reach out to the support team via email atinfo@ambroker.com, or through dedicated email addresses for specific regions such as Vietnam (vietnam@ambroker.com) and Indonesia (indonesia@ambroker.com). Additionally, traders can seek assistance via phone, with English support available at +44 20 36 704 699 and Chinese (Simplified) support also accessible at +44 2036704699.

Customer Support

Conclusion

In conclusion, AM Broker provides traders with a wide array of trading instruments, offering diverse investment opportunities to suit various trading preferences. The platform utilizes the widely acclaimed MetaTrader 5, renowned for its advanced features and intuitive interface, enhancing the trading experience for users. However, the absence of regulatory oversight raises concerns about potential risks in an unregulated environment. Furthermore, the lack of transparency regarding the company's policies and procedures may undermine trader confidence. Additionally, the inability to access the website poses a significant challenge for users seeking information or support.

FAQs

Q: Is AM Broker regulated?

A: No, AM Broker operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What trading instruments are available on AM Broker?

A: AM Broker offers a range of trading instruments, including currency pairs, CFDs on indices, shares, ETFs, commodities, and cryptocurrencies.

Q: What account types does AM Broker offer?

A: AM Broker provides various account types, including Demo, Retail, Professional, and Institutional Accounts, catering to different trading preferences and experience levels.

Q: How can I contact AM Broker's customer support?

A: You can reach AM Broker's customer support via email at info@ambroker.com. Additionally, traders can use dedicated email addresses for specific regions such as Vietnam (vietnam@ambroker.com) and Indonesia (indonesia@ambroker.com). Phone support is also available with English support at +44 20 36 704 699 and Chinese (Simplified) support at +44 2036704699.

Risk Warning

Trading online comes with inherent risks, and there's a possibility of losing your entire investment. It's crucial to understand these risks and recognize that not all traders or investors may be suited for online trading. Please keep in mind that the information provided in this review could change due to updates in the company's services and policies. The date of this review is also essential, as information might have changed since it was generated. Therefore, it's recommended to verify any updated information directly with the company before making any decisions or taking action. Ultimately, the responsibility for using the information provided in this review lies with the reader.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

AM Broker review discusses the broker’s features in detail

News AM Broker review discusses the broker’s features in detail

AM Forex broker offers its service to different types of traders including retail traders, professionals, and even institutional ones. It means that the broker should have a very diverse service and offerings to the traders.

Wiki Q&A

Sam35
Sam35
1-2 years

Are there any hidden fees at AM Broker?

WikiFX
WikiFX Reply

Based on my AM Broker review, I did not find any significant hidden fees, but it's important to be aware of certain costs. For example, while deposits are free, withdrawals using Visa or MasterCard may take up to a week, and the process can be slow. In the Professional Account, you will also encounter commissions for specific trades, which could add up depending on your activity. I recommend carefully reviewing all fees before trading.

Broker Issues
AM Broker
AM Broker
Fees and Spreads
07-27
United States
Sergey5
Sergey5
1-2 years

What is the spread at AM Broker?

WikiFX
WikiFX Reply

In my AM Broker review, I found that the Retail Account offers competitive spreads starting from 0.6 pips. The Professional Account provides even tighter spreads, starting from 0.0 pips, but commissions apply in this case. I think if you're an experienced trader, the Professional Account may be more suitable due to the low spreads, but if you’re just starting out, the Retail Account offers a good balance without additional commissions.

Broker Issues
AM Broker
AM Broker
Fees and Spreads
06-07
United States
Mohammed Mazhar
Mohammed Mazhar
1-2 years

What are the benefits of trading with AM Broker?

WikiFX
WikiFX Reply

AM Broker offers a wide range of trading instruments, including forex, stocks, and cryptocurrencies, which I find appealing in my AM Broker review. Another benefit is the use of MetaTrader 5, a robust platform with advanced charting and automated trading features. This makes it a solid option for those who want to trade in different markets. However, I must note that the lack of regulation could overshadow these benefits, especially for risk-averse traders.

Broker Issues
AM Broker
AM Broker
Regulation
05-09
United States
Tom Rossito - Toronto
Tom Rossito - Toronto
1-2 years

What is the maximum leverage at AM Broker?

WikiFX
WikiFX Reply

AM Broker offers a maximum leverage of 1:500, which I find high in my AM Broker review. This means that for every $1 of your own funds, you can trade up to $500, giving you greater potential to profit—or to lose—depending on your strategy. Personally, I think high leverage can be useful for advanced traders, but I’d recommend using it with caution, especially if you're new to trading.

Broker Issues
AM Broker
AM Broker
Instruments
Leverage
Account
Platform
04-25
United States
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