Score

1.57 /10
Danger

AMP Global

United States

Scam Brokers

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.50

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

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

AMP Global Clearing LLC

Company Abbreviation

AMP Global

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 3
Previous Detection : 2024-12-28
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Pyramid scheme complaint
Expose
AMP Global · Company summary

We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse. In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Besides, the official website is as follows: http://www.ampereg.com/

General Information & Regulation

AMP Global is a scam broker due to a plethora of negative reviews such as fraud platforms, expired licenses, undefined registered offices, etc. Moreover, the corporation is a Forex, CFD, and futures brokerage, which was registered in the United States, however, it has not given the office location to the public so far, thus, clients had better stay away from this broker.

Market Instruments

AMP Global mainly offers trading in Forex, Futures, CFD, as well as Cryptocurrency.

Accounts & Leverage

Clients are allowed to open two main types of accounts, that is Individual Account & Corporate Account, as well as Islamic Account, besides, the minimum deposit is 100 USD, concerning the leverage, the leverage for the trading assets is capped at 1:30.

Trading Platform

AMP Global allegedly offers the MetaTrader 5 (MT5) trading terminal option, however, it is proved to be a scam.

Deposit & Withdrawal

AMP Global has provided support for a wide array of payment methods including Bank transfers, Credit/debit cards, and Electronic wallets such as Skrill, Neteller, Webmoney, Giropay, Atropa, Qiwi, Sofort, and Yandex, additionally, AMP Global charges no deposit fee for EUR bank transfers below €1,000.

Customer Support

If in any doubts as to transactions, please call at +4001727678 or e-mail at amp-global@ampereg.com within a reasonable time.

Risk Warning

Any advice does not take into account your objectives, financial situation, or needs. Read the relevant product terms and conditions before making a decision and consider whether the product or service is right for you. Approval criteria apply to credit products. We do not, and will not, take into account your circumstances, nor provide any recommendation for you to make any decisions.

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User comment

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Comments

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FX1419977080
more than one year
SCAM!! SCAM!! As a user of AMP Global, I must say that I had a terrible experience with them! The company's services were extremely disappointing. The promises they made were never fulfilled, and their customer service was unresponsive. I lost a significant amount of money due to their fraudulent practices
SCAM!! SCAM!! As a user of AMP Global, I must say that I had a terrible experience with them! The company's services were extremely disappointing. The promises they made were never fulfilled, and their customer service was unresponsive. I lost a significant amount of money due to their fraudulent practices
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2023-03-24 15:33
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