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

AM Broker

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 2.61

Surpassed 61.63% brokers

Biz AreaSearch StatisticsAdvertisingSocial 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!

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

Single Core

1G

40G

Open Now

Contact number

English

+44 20 36 704 699

Chinese (Simplified)

+44 2036704699

Broker Information

More

Company Name

AM Globe Services Ltd

Company Abbreviation

AM Broker

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Facebook

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

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AM Broker · Company Summary

General Information & Regulation

AM Broker is an online broker, owned and regulated by AM Global Services Ltd, a company incorporated under the registration number: 24863 IBC 2018 by the Registrar of International Business Companies. It is registered by the Financial Services Authority of Saint Vincent and the Grenadines, an offshore regulator. AM Broker states that its products and services are not offered to citizens of E.U. member states, the United States, Canada, Japan, Turkey, and Australia. AM Broker actually does not fall under any regulatory agencies, please be aware of the risk.

Market Instruments

AM Broker is an online trading broker that allows traders to trade forex, commodities, indices, shares, and funds via the intuitive and advanced MetaTrader 5 trading platform.

Minimum Deposit

AM Broker offers clients three trading accounts, including the Retail Account, which has a minimum required deposit of $100 and operates the STP execution model; Professional Account, which requires an initial minimum balance of $1,000 whilst offering ECN execution model; and the Institutional Account, a Direct Market Access (DMA) Account with a minimum deposit requirement of $100,000.

Leverage

In terms of trading leverage, the leverage level offered by AM Broker is considered high, reaching up to 1:500. Since margin trading is full of risks, inexperienced traders are not advised to use high trading leverage.

Spreads & Commissions

Spreads and commissions vary depending on different accounts. The spreads in the Retail account start from 0.0 pip, with zero commissions for forex trading, indices, commodities and 0.01 USD per share and ETF. The spreads in the professional account also start from 0 pip, with a commission of 3USD per lot per trade for indices, 7USD per lot per trade for commodities and forex trading.

Trading Platform Available

AM Broker provides their clients with the popular MetaTrader 5 trading platform. It has an intuitive and user-friendly interface and is replete with an array of advanced features and extended capabilities, including support for multiple order types, multiple charts and timeframes, and expert advisors developed with the MQL5 programming language, amongst other features.

Trading Tools

Apart from the MT5 trading platform, there are some useful trading tools offered, including Economic Calendar, Robo Advisor, and trading signals.

Deposit & Withdrawal

Payment methods supported by AM Broker is quite limited, including bank transfer and Credit/Debit Card, while some popular e-wallets payment methods like Skrill and Neteller are not available.

Customer Service

AM Broker s 24/7 support team is available via telephone, email, live chat, and social media.

News

AM Broker review discusses the broker’s features in detail

NewsAM Broker review discusses the broker’s features in detail

2021-12-15 18:04

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.

WikiFX
2021-12-15 18:04
News
AM Broker review discusses the broker’s features in detail

User Reviews

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2

Comments

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FX1263301479
more than one year
It's been more than 2 years and I have not received my withdrawal amount and the support team is not helping at all, Request AM Broker to process my withdrawal!!!!!
2023-02-28 10:41
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0
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FX1204247012
more than one year
I met this broker one year ago, and I was trying to contact it to make some investments. I stopped, however, due to its high minimum deposits and lacking for regulation. Recently, some friends asked me how I felt about this broker, and that’s why I am here.
2023-02-14 10:18
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