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AM Markets -

Score

1.67 /10
Danger

AM Markets

Belarus

Stoppage of Business

5-10 years

Regulated in Belarus

Retail Forex License

High potential risk

https://www.amtopzone.com/en

Benchmark

A

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Comparison

Quantity 19

Exposure

Time Machine
Website

Score

Regulatory Index5.50

Business Index7.12

Risk Management Index0.00

Software Index4.95

License Index0.00

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

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

Advanced Management Capital Limited

Company Abbreviation

AM Markets

Platform registered country and region

Belarus

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-10
  • This broker bas been verified to be stoppage of business, and it has been listed in WikiFX's Stoppage of Business list. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

AM Markets

Belarus

WikiFX Verification

AM Markets · Benchmark
Average transaction speed(ms)
568
The highest transaction speed(ms)
294 Poor
The highest speed of opening positions(ms)
294
The highest speed of closing position(ms)
412 Poor
The lowest speed of opening positions(ms)
1288 Good
The lowest speed of closing position(ms)
857 Great
Ranking： 54 / 128
Test user 286
Transactions 1,327
Ocuppied margin $192,931 USD
Data Source WikiFX Data provide
Updated: 2024-11-08 01:11:00

Exposure

19 pieces of exposure in total
Pyramid scheme complaint
Expose
Resolved

Do not allow to deposit

Do not allow to deposit and close the deposit channel

2022-07-06 01:23
Others

Fraud platform

This is a fraud platform that widens the spread no matter you buy or sell. Be careful. Do not trade at this platform.

2023-01-31 16:58
Severe Slippage

Fradu operation from fraud platform

The background operation of the unscrupulous platform intentionally pulls the spread to steal money, the ECN account opens a position to get a price, and the gold 1 lot closes a position and pulls 20 dollars. Traders who see want to open an account are careful to be hacked,

2023-01-28 17:33
Unable to Withdraw

I made profit but can not withdrawal

I opened an account and deposited funds on AMMarkets. Because I caught up with unilateral rising market, I had a full position and long positions, and all profits were not lost. Just because there is no loss-making, they were saying that I have violated the rules, withdrawal application has not been processed since May 4th, until the platform asked me to sign unfair agreement on May 31st, which is to give a part of profit (30%). I was forced to collect money from bank, and online loan platform urged me to pay back money, so I could only get a part of it back to solve the immediate difficulties. They did not return remaining 10,532 US dollars, and asked to close my background. Such a black heart [d83d][dda4] platform is too disgusting, the platform hacks my hard-earned money. The unfair terms given by platform are as follows: Please initiate a withdrawal application of $4515.00 USD in CRM background of customer, and send an email to cs@ammarkets.com. The content of the email: I, XXX, admit to obtaining profits in AM MARKETS through abnormal trading methods, and now agree to distributor’s proposal plan. 30% profit ($4515.00) in addition to the principal that has been withdrawn. After the withdrawal is successful, the CRM background login is closed, and the MT trading account is closed. Such a black-hearted [d83d][dda4] platform invites everyone to comment on why the profit is not given. Keep your eyes open [d83d][dc40] and don’t be blackmailed by AM platform again. Please also ask relevant departments to come out to uphold justice for me and return my hard-earned money. I promise that everything I said is true, and I will bear full legal responsibility if there is any fiction.

2023-07-01 18:28
Resolved

Withdrawal not allowed

I have won hundreds of dollars but have not recived it, I am really convinced.

2023-07-08 08:06
Resolved

It shows that the withdrawal has been successfully processed, but the account has not been received at all! ! !

Fraud platform! ! ! It shows that the withdrawal has been successfully processed, but the account has not been received at all! ! !

2022-11-15 16:43
Resolved

Please stay away from unscrupulous platforms

The exchange rate for deposit and withdrawal is high, and it is said that it will not be allowed within a few days of deposit. They claimed that there was an internal problem with the platform, which frightened me into withdrawing money soon. Please stay away from such a platform without integrity.

2023-08-16 09:20
Unable to Withdraw

Make profits to the platform without giving money

I opened an account and deposited funds on the AM Markets platform. Because I caught up with the unilateral rising market, I had a full position and long positions, and all profits were not lost. Just because there is no loss-making, platform said that I have violated the rules.The withdrawal application has not been processed since May 4th, until the platform asked me to sign the Overlord agreement on May 31st, which is to give a part of the profit (30%). I was forced to collect the money from the bank, and the online loan platform urged me to pay back the money, so I could only get a part of it back to solve the immediate difficulties. The remaining 10,532 US dollars platform did not give me, and asked to close my background. Such a black-heart platform is too disgusting, the platform hacks my hard-earned money. The Overlord terms were provided by the platform as follows: Please initiate a withdrawal application of $4515.00 in the CRM background of the customer, and send an email to cs@ammarkets.com. The content of the email: I, XXX, admit to obtaining profits in AM MARKETS through abnormal trading methods, and now agree to the distributor’s proposal plan. 30% profit ($4515.00) in addition to the principal that has been withdrawn. After the withdrawal is successful, the CRM background login is closed, and the MT trading account is closed. I invite everyone to comment on why the profit is not given for this black-heart platform. Keep your eyes open and don’t be blackmailed by the AM platform again. Please also ask the relevant departments to come out to uphold justice for me and return my hard-earned money. I promise that everything I said is true, and I will bear full legal responsibility if there is any fiction.

2023-06-06 13:54
Severe Slippage

AM Markets, a fraud platform

The ecn account intentionally widens the spread, and the sell transaction pulls the spread. a fraud platform

2022-10-04 13:21
Resolved

Induce fraud

Induce fraud that induce customer to trade with high handling fees and high spread. Induce inviting customers. Demand to return the principle.

2022-04-29 18:37
Resolved

Unable to withdraw. Stay away from this broker

Unable to withdraw money, stay away from this dealer, and traded on this platform for about two months. Continue to do more than 400 orders. Earned more than 4,000 US dollars. I didn't expect that if I want to withdraw money, I won't give money. To deduct 80% of the profit, saying that the transaction violated the rules, I asked them to explain where the violations did not get any reply!

2022-12-24 21:55
Unable to Withdraw

$10532 without payment

I opened an account and deposited funds on the AMMarkets platform. Because I caught up with the unilateral rising market, I had a full position and long positions, and all profits were not lost. Platform said that I have violated the rules just because there is no loss-making .The withdrawal application has not been processed since May 4th, until the platform asked me to sign the overlord agreement on May 31st, which is to give a part of the profit (30%). I was forced to collect the money from the bank, and the online loan platform urged me to pay back the money, so I could only get a part of it back to solve the immediate difficulties. The platform did not give the rest of $10,532 , and asked to close my background. Such a black platform is too disgusting, the platform was robbing me of my hard-earned money. The overlord agreement provided by the platform were as follows: Please initiate a withdrawal application of $4515.00 USD in the CRM background of the customer, and sent an email to cs@ammarkets.com. The content of the email: I, XXX, admit to obtaining profits in AM MARKETS through abnormal trading methods, and now agree to the distributor’s proposal plan. 30% profit ($4515.00) in addition to the principal that has been withdrawn. After the withdrawal was successful, the CRM background login was closed, and the MT trading account was also closed. So I invited everyone to comment this black platform on why the profit was not given. Keep your eyes open and don’t be blackmailed by the AM platform again. Please also ask the relevant departments to come out to uphold justice for me and return my hard-earned money. I promise that everything I said was true, and I would bear full legal responsibility if there was any fiction.

2023-06-05 12:07
Others

Fraud platform

This black company earned money by enlarging the spread. If you do something wrong, do not afraid of accusation.

2022-10-13 18:44
Others

Fraud platform

Buying and selling on the fraud platform, they deliberately increases the spread, the operation is concealed. Everyone should stay away from the fraud platform of AM

2022-10-25 13:35
Unable to Withdraw

Refuse to give me my profits

I opened an account with AMMarkets platform and deposited money for trading. Because of the upward trend of the market, I held a full position of long stocks, and all my profits were profitting. However, the platform said I violated trading rules because I did not have any losses. Since May 4th, I have been applying for a withdrawal and have not received any response. On May 31st, the platform asked me to sign an imparity clause, which stated that I would give up 30% of my profits. Due to pressure from my bank and payment platform, I was only able to retrieve part of my money to address my current difficulties. The remaining $10,532 was not given to me, and the platform requested that my CRM be closed. This platform is extremely greedy and unethical. They are stealing my hard-earned money. Here is the imparity clause that the platform provided: "Please submit a $4,515 USD withdrawal request through the CRM backend and send an email to cs@ammarkets.com with the following content: 'I, XXX, acknowledge that I have obtained profits through illegal trading methods at AM MARKETS, and I agree to accept the vendor's proposal. The withdrawal will be processed after the principal has been withdrawn, and a 30% profit ($4,515 USD) will be released. After the withdrawal is successful, the CRM backend will be closed and the MT account will be closed." This platform is extremely unethical and should be judged by all. Please help me retrieve my money and restore my faith in trading platforms. I promise to assume all legal responsibility if any of my statements are false.

2023-06-08 12:01
Unable to Withdraw

10532 USD without payment

I opened an account for deposit trading on the AMMarkets platform, and due to the unilateral upward trend, I had a full position with multiple orders, all of which were profitable without any losses. Just because no loss making platform accused me of illegal trading, I applied for a deposit on May 4th and was not processed until May 31st when the platform asked me to sign the Overlord Agreement, which means that I will receive a portion of the profit (30%). I am facing the situation of being urged by banks to collect money and being urged to repay money by online lending platforms. I am forced to retrieve a portion of it to solve the current difficulties. The platform refused to give me the remaining $10532 and requested to close my backend. This kind of black hearted platform is too disgusting, platform black I sweat money. The overbearing terms provided by the platform are as follows: Please request the customer's CRM backend to initiate a $4515.00 USD withdrawal request and send an email to cs@ammarkets.com Email content: I, XXX, acknowledge that I have obtained profits from AM Markets through abnormal trading methods, and now agree to the proposal of the circulation merchant. 30% profit ($4515.00) in addition to the principal already paid out. After successful withdrawal, the CRM backend login is closed, and the MT trading account is closed. This kind of unscrupulous platform invites everyone to comment and reason why profits are not given. Everyone should keep their eyes open and not be blackmailed by the AM platform again. Please also ask relevant departments to come out and uphold justice for me, and repay my hard-earned money. I promise that everything I say is true, and if there is any fiction, I will bear all legal responsibilities

2023-05-31 15:42
    AM Markets · Company summary
    AM Markets Review Summary
    Founded2019-10-26
    Registered Country/RegionBelarus
    RegulationNBRB
    Market InstrumentsForex/Precious Metals/Energy/Indices/Digital Currencies
    Demo Account✅
    LeverageUp to 1:500
    Spread0.1
    Trading PlatformMT4(Windows and Mobile)
    Min Deposit$100
    Customer SupportLive chat
    Email:support@ammarkets.com
    Social Media: Twitter, Facebook, Instagram, and Linkedin

    AM Markets Information

    AM Markets is a broker offering many market instruments: Forex/Precious Metals/Energy/Indices/Digital Currencies. AM Markets also provides spreads as low as 0.1, 0 commission, leverage up to 1:500, and 24/5 customer support.

    AM Markets Information

    Pros and Cons

    Pros Cons
    RegulatedNo Islamic account
    ECN/Demo account types availableHidden withdrawal risks
    Commission free
    24/5 customer support
    Various products: forex/index/precious metals, etc.

    Is AM Markets Legit?

    AM Markets are regulated by NBRB, which is not an authoritative regulatory agency in the public mind. The license number is 193583860.

    Is AM Markets Legit?
    Is AM Markets Legit?

    What Can I Trade in AM Markets?

    Traders can trade multiple assets because of the rich market instruments that AM Markets provides, including Forex, Precious Metals, Energy, Indices, and Digital Currencies.

    Tradable Instruments Supported
    Forex✔
    Precious Metals✔
    Digital Currencies✔
    Indices✔
    Energy✔

    Account Type

    AM Markets offers traders various account types that choose at random. There are three real account types and a demo account: STD, STP, and ECN.

    Regarding real account information, STD is suitable for traders who prefer fixed spreads. Such traders are relatively cautious in investing. STP has the characteristics of floating spreads and is favored by experienced traders looking for greater opportunities. Besides, ECNs low spreads often attract traders.

    Account Type STDSTPECN
    Maximum Leverage1:5001:5001:500
    Minimum Deposit$100$100$100
    Minimum Spread0.10.10.1

    AM Markets Fees

    According to the information released by GlcWikiFX about AM Markets, the lowest spread of AM Markets is 0.1 pips. In addition to this, traders enjoy no commission, which will reduce traders trading costs.

    Leverage

    AM Markets' leverage is as high as 1:500, which has relatively large opportunities accompanied by a huge risk of loss.

    Trading Platform

    AM Markets supports the MT4 trading platform, which is welcomed by traders for its stable, user-friendly interface and advanced charting capabilities.

    Trading PlatformSupported Available Devices
    MT4✔Windows and Mobile
    Trading Platform

    Deposit and Withdrawal

    The minimum deposit of AM Markets is $100, but the withdrawal information is not stated.

    Customer Support Options

    AM Markets customer support can be reached 24/5 through online, chat, and email, as well as social media platforms including Twitter, Facebook, Instagram, and Linkedin.

    Contact Options Details
    Email support@ammarkets.com
    Online Chat ✔
    Social Media Twitter, Facebook, Instagram, and Linkedin
    Supported Language English
    Website Language English
    Physical Address QUEENS QUAY WEST TORONTO, ON, CANADA
    Customer Support Options

    The Bottom Line

    AM Markets offers a variety of trading account types, including STD, STP, and ECN. It offers spreads up to 0.1 pips and 0 commission. However, traders do not know how to withdraw money from AM Markets, which may cause problems with the safety of traders' funds. In addition, AM Markets are not regulated by authoritative institutions and will carry certain risks.

    FAQs

    Are AM Markets safe?

    Yes, legally regulated.

    What account types does AM Markets provide?

    STD, STP, and ECN. If traders do not want to invest real amounts, they can also choose a demo account.

    How to withdraw money at AM Markets?

    AM Markets does not have withdrawal information. To guarantee the safety of funds, traders need to evaluate platform security.

    User Reviews

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    User comment

    4

    Comments

    Write a review

    Crocodile tears
    more than one year
    Anyway, great customer support and fast withdrawals.
    Anyway, great customer support and fast withdrawals.
    Translate to English
    2024-08-07 13:40
    Reply
    0
    0
    Tard
    more than one year
    so far I have no problem this platform its safe and reliable
    so far I have no problem this platform its safe and reliable
    Translate to English
    2023-06-14 19:41
    Reply
    0
    0
    19