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Amtop Markets Ltd

China|1-2 years|
Suspicious Scope of Business|High potential risk|

https://amtoppd.com/en

Website

Rating Index

Contact

info@amtoppd.com
https://amtoppd.com/en

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Amtop Markets Ltd

Company Abbreviation

Amtop Markets Ltd

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 146311) claimed by this broker is suspected to be clone. Please be aware of the risk!

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Amtop Markets Ltd · Company Summary

Registered in China
Regulated by No effective regulation at this time
Year(s) of establishment Within 1 year
Trading instruments Currency pairs, precious metals, energy, cryptocurrencies, stocks, futures
Minimum Initial Deposit Information not available
Maximum Leverage 1:500
Minimum spread Floating, from 0.0 pips
Trading platform MT5
Deposit and withdrawal method Information not available
Customer Service Email/phone number
Fraud Complaints Exposure No for now

General information and regulations of Amtop Markets Ltd

Amtop Markets Ltd was established in china less than a year ago, providing common financial instruments in forex markets as an online forex broker.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Currency pairs, precious metals, energy, cryptocurrencies, stocks, futures .....Amtop Markets Ltd allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Amtop Markets Ltd.

market instruments

Spreads and commissions for trading with Amtop Markets Ltd

Amtop Markets Ltd does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Amtop Markets Ltd, we recommend that you take the time to calculate these transaction costs.

Account Types for Amtop Markets Ltd

Demo Account: Amtop Markets Ltd provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: Amtop Markets Ltd does not provide live account information. Generally, Forex brokers offer several different levels of real accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit amount.

Trading platforms offered by Amtop Markets Ltd

The MT5 trading platform features powerful charting capabilities, including over 50 different technical indicators and intraday analysis tools. Access from a variety of devices also makes trading easier for users.

trading platform

Leverage offered by Amtop Markets Ltd

Amtop Markets Ltd offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

Amtop Markets Ltd is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

There is no education section on the Amtop Markets Ltd website. Many brokers are able to provide a variety of educational resources such as video courses, seminars, e-books, related articles, glossaries that provide some basic knowledge about trading. This is not the case with Amtop Markets Ltd.

Customer support of Amtop Markets Ltd

Below are the details about the customer service.

Language(s): English, Japanese, Chinese, German, French, Arabic, Korean, Thai language, Russian

Email: info@amtoppd.com

Phone Number: 400-6666-8888

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of Amtop Markets Ltd

Advantages:

High leverage

MT5

Many instruments available

Demo account

Disadvantages:

No effective regulation

Few information available

No MT4

No copy trading

Frequent asked questions about Amtop Markets Ltd

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

News

The FCA Has Released A New List Of Unlicensed Brokers

ExposureThe FCA Has Released A New List Of Unlicensed Brokers

2023-01-18 15:11

The FCA, the UK's financial watchdog, has released a new batch list of unauthorized firms suspected of providing financial services to people in the UK and other countries.

WikiFX
2023-01-18 15:11
Exposure
The FCA Has Released A New List Of Unlicensed Brokers

User Reviews

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FX1422645447
more than one year
Then, I did some further research and discovered that Amtop Markets had a cloned regulatory license, which meant that they were not actually authorized to operate as a legitimate broker. To make matters worse, their website is now completely inaccessible, and I fear that I may have lost all of the funds I had invested with them.
2023-04-04 18:18
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0
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FX1422645447
more than one year
I recently had a terrible experience with Amtop Markets Ltd, and I strongly advise anyone considering trading with them to stay away. When I first started trading with Amtop Markets, their website seemed professional and legitimate, and they claimed to be regulated by a reputable authority. However, after a few trades, I started to notice some red flags. For example, their platform was very unstable and often crashed during trading, making it nearly impossible to execute trades properly.
2023-04-04 18:18
Reply
0
0
Am
more than one year
I have requested a withdrawal two months ago and no one processed it. But their customer service said it is been processed. They did not return the money. I was scammed again...
2022-12-13 17:56
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0
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