Score

1.33 /10
Danger

Amtop Markets Ltd

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index5.65

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Broker Information

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Company Name

Amtop Markets Ltd

Company Abbreviation

Amtop Markets Ltd

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • 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

Pyramid scheme complaint
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Amtop Markets Ltd · Company summary
Basic Information
Registered Countries United Kingdom
Regulation No License
Minimum Deposit N/A
Maximum Leverage N/A
Minimum Spread From 0.0 pips
Trading Platform MT5
Trading Assets Forex, Bulk Commodities, Index
Payment Methods VISA, MasterCard, PoLI, Wire Transfer, Bpay, Skrill, Neteller, Union Pay
Customer Support Email Support Only

General Information

Amtop Markets Ltd appears to be an online brokerage platform with its registered address unknown. This brokerage firm boasts that it provides access to Forex, Bulk Commodities, and Index through the advanced MT5 trading platform.

Amtop Markets Ltd has let us down, when it comes to regulation, as it is not authorized or regulated by any regulatory authority. Thats why WikiFX, a global forex broker regulatory inquiry platform gave it a very low score of 1.05/10. Please be aware of the risk involved.

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Account Types

Amtop Markets Ltd says nothing about its account setting, minimum deposits as well as trading conditions including leverage, spreads, commissions.

Spreads & Commissions

Amtop Markets Ltd boasts that the minimum spreads offered by this broker start from 0.0 pips. however, it does not display any detailed spreads on particular instrument.

Leverage

Amtop Markets Limited does not elaborate its trading leverage ratio, but here some leverage rules set regulatory authorities: maximum leverage for major forex is 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada.

Leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size.

Trading Platform

Amtop Markets says it provides access to the industry MT5 trading platform, widely regarded as the best in the industry, which can be accessed on PC, Android, and IOS devices.

However, when we tried to download its mt5 trading software, we failed as the link is accessible.

Payment Methods

The minimum deposit is not disclosed, andAmtop Markets Ltd allows its clients to make a deposit and withdrawal through multiple payment options, including VISA, MasterCard, PoLI, Wire Transfer, Bpay, Skrill, Neteller, Union Pay.

payment-methods

Customer Support

Clients with any inquiries or trading-related problems can only get in touch with Amttop Markets Limited through an email: support@amtop-fx.com, which is disappointing.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
MT5 trading platform No regulation
Limited trading assets
No clear information on minimum deposit, deposit or withdrawal
Withdrawal fees charged by certain payment methods
Poor customer support

Frequently Asked Questions

Is Amtop Markets Ltd regulated?

No, Amtop Markets Ltd is not regulated.

What trading platforms does Amtop Markets Ltd offer?

Amtop Markets Ltd offers the industry leading MT5 trading platform.

User Reviews

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User comment

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Comments

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FX1757584952
more than one year
被骗了?
被骗了?
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2022-12-29 17:41
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0
0
小鹤
more than one year
It kept taking me out of the platform and now my account access denied. These frequent issues would turn people away from using their services. I don’t know what hell happened with this broker.
It kept taking me out of the platform and now my account access denied. These frequent issues would turn people away from using their services. I don’t know what hell happened with this broker.
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2022-12-16 19:05
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