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No Regulation
Score
1.28 /10
Danger
Amazing Trade
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index5.21
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
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
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-20
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: Amazing Trade's official website: https://amz-fxm.com/amazing/en/index.php is currently inaccessible normally.
Amazing Trade Information
Founded in 2023 under Virgin Islands registration, Amazing Trade is a brokerage company. Right now, the corporation runs without proper control. Although it is very new, for possible traders its lack of regulatory control and other problems cause major questions.
Is Amazing Trade Legit？
None of any acknowledged financial regulatory body controls amazing trade. Being an unregistered broker, its activities are not under control of the regulatory authorities tasked with maintaining industry standards and safeguarding trader interests. Lack of control raises questions regarding the security and safety of money as well as the broker's business practices' openness.
Downsides of Amazing Trade
Website Down:It is currently difficult for users to use the services and locate information on the main website (https://amz-fxm.com/amazing/en/index.php), which is down.
Not Being Clear: Traders assume additional risk when Amazing Trade's policies and procedures are not straightforward.
Withdrawal Difficulties: The withdrawal process is made more difficult by user evaluations mentioning the required fees and sluggish customer assistance, particularly on websites like WikiFX.
Negative Amazing Trade Reviews on WikiFX
An example of user-generated content on WikiFX is the “Exposure” recommendation.
Before trading on unregistered platforms, traders should read up on the subject and weigh the risks. Please visit our platform for pertinent content. Our staff will make every effort to remedy any concerns you uncover, so please report dishonest brokers in our Exposure part. There is currently no exposure to the broader trade.
Conclusion
Trading with Amazing Trade carries a certain amount of danger due to their lack of control, inconsistent internet accessibility, lack of transparency, and concerns over withdrawals. Those concerned about the security of their funds should do business exclusively with regulated dealers who maintain an open and honest business model.
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