AM Broker

What is AM Broker？

AM Broker, a brokerage firm based in China, provides a variety of market instruments, including Forex, Stocks, Cryptocurrency, CFDs, Metals, Indices, and Commodities, to traders globally. However, it's important to consider that AM Broker, as it currently stands, has an unauthorized regulatory status with the NFA (National Futures Association) under license number 0527337. This situation could potentially raise concerns for traders engaging with this platform.

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 make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

AM Broker is noted for its wide range of trading instruments across multiple asset classes, allowing for great diversity in trading opportunities. The use of the popular and user-friendly MT4 trading platform is another advantage, coupled with an acceptable minimum deposit requirement of $100 and competitive low starting spreads from 0.0 pips. The brokerage also provides abundant customer support channels, including live chat and social media for immediate assistance besides of conventional ones.

Despite these benefits, AM Broker has apparent shortcomings. The broker is unauthorized by the NFA, which may be concerning from a regulatory viewpoint. Furthermore, details concerning payment methods and commissions are not readily available, minimizing transparency.

Is AM Broker Safe or Scam？

When considering the safety of a brokerage like AM Broker or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

• Regulatory sight: The broker has an unauthorized regulatory status with the NFA (National Futures Association) under the license number 0527337, implying that the safety of trading on this platform cannot be fully guaranteed.

• User feedback: Review the opinions and feedback of other clients to gain insight into their experiences with the brokerage. Consider searching for these reviews on reliable websites and discussion platforms.

Ultimately, the decision of whether or not to trade with AM Broker is a personal one. You should weigh the risks and benefits carefully before making a decision.

Market Instruments

AM Broker, a brokerage firm based in China, offers a broad range of market instruments.

For Forex trading, it allows traders to access over global currency markets with over 60 pairs, predicting the value changes of various currency pairs. The offering of stock trading opens the door to equity markets globally, providing opportunities for investment in a diverse range of companies. Cryptocurrency trading enables traders to invest in booming digital currency markets like Bitcoin and Ethereum.

Contracts for Differences (CFDs) are also available, allowing speculation on various underlying assets without ownership. For those interested in commodities, trading in precious and industrial metals, along with Indices and other essential commodities, are provided as options.

Accounts

AM Broker presents its traders with two primary account options - a demo account and a live account.

The demo account is a practical tool for traders, offering a risk-free environment to experiment with trading strategies and get familiar with the trading platform.

Their live account, unlike the demo account, involves real money and real trading. It requires a minimum deposit of $100, making it relatively accessible to a wide range of traders.

Leverage

In the world of trading, leveraging can be a powerful tool, and AM Broker strongly reinforces this by offering leverage up to an impressive 1:1000. Anyhow, the provision can potentially magnify the earning potential for their traders as it allows them to trade significantly more money than they initially deposit. Such leverage can provide opportunities to make larger profits on successful trades.

However, it also carries an equally high level of risk as losses can be equally magnified, which traders should carefully consider. Thus, while AM Broker' leverage offering appears attractive, it should be approached with caution and a comprehensive understanding of the associated risks.

Spreads & Commissions

AM Broker offers a competitive starting point for spreads, beginning as low as 0.0 pips, which could potentially lead to lower costs of trading for the users. The smaller the pip spread, the less the price needs to move in a trader's favor before they start making a profit, which is an evident advantage.

However, precise details about commissions are unavailable at this time. It is advised that traders get in contact with AM Broker directly to garner accurate information on commissions, to fully understand the cost structure and assess the overall profitability potential while trading with them.

Trading Platforms

AM Broker embraces technological convenience by offering MetaTrader 4 (MT4), one of the leading trading platforms, accessible across various devices and platforms.

For Windows users, MT4 can be easily downloaded and installed from AM Broker's official website. Furthermore, it extends its accessibility to mobile users as well. For those using Apple devices, the MT4 app is available on the App Store, while for Android users, the app may be found on Google Play.

MT4 is known for its user-friendly interface that accommodates both seasoned traders and beginners alike. It offers advanced charting capabilities, enabling traders to analyze the technical aspects of the market efficiently. Furthermore, MT4 provides essential trading tools and features such as automated trading, customizable trading indicators and alerts to make the trading process more streamlined.

Deposits & Withdrawals

AM Broker, as purported by the broker, offers various methods for transactions, eager to make the processes of depositing and withdrawing funds as convenient as possible for their clientele. However, as of now, the detailed information about what specific payment methods they accept is not readily available on their website. This might be a cause of concern for some potential traders who prefer knowing about the flexibility and versatility of the payment options beforehand. It is suggested that anyone interested in doing business with AM Broker reaches out to them directly to review the range of available payment options and clarify any queries related.

Customer Service

AM Broker provides various customer service options to assist its clients in different areas. Customers can reach out to AM Broker through the channels to address their queries and concerns as below:

Phone: +86-0757-85330931.

Email: support@am-broker.com.

Address: Room 505, No. 19 Huayuan East Road, Chancheng District, Foshan City, Guangdong.

In addition to traditional modes of communication, AM Broker also offers customer support through live chat, ensuring a responsive and accessible service experience for their clients.

Furthermore, the broker claims to offer social media such as Facebook, Twitter, Linkedin and Instagram, however, the links skip to nothing when click.

Conclusion

AM Broker, a brokerage firm based in China, offers a range of market instruments including Forex, Stock, Cryptocurrency, CFDs, Metals, Indices, Commodities.

However, potential investors should be wary of the fact that AM Broker has an NFA unauthorized regulatory condition. This represents a major red flag as regulated brokers are subject to strict financial oversight, thereby protecting clients from potential misconduct.

Consequently, those considering AM Broker as their broker should tread carefully, conduct thorough research, and possibly consider alternative, well-regulated brokers that prioritize transparency, security and client protection.

Frequently Asked Questions (FAQs)

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.