Score

1.17 /10
Danger

Amxer Markets

Saint Lucia

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.37

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

Broker Information

More

Company Name

Amxer Markets Limited

Company Abbreviation

Amxer Markets

Platform registered country and region

Saint Lucia

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

amxer shows the Evil

Hello sir, I deposited 50,000 lira to a Forex company called ifx here 2 months ago. They asked for another 50,000 lira behind this 50,000 lira, and I got into another trouble. To prevent the account from going bankrupt, we sent 16,000 lira and they asked for another 50,000 lira, making a total of 166,000 lira that we deposited. I saved the account and made it 21,305 dollars. Then I requested a withdrawal. Umut Bey and Selçuk Ural from there said they would withdraw this money for you by 5 o'clock today. We requested the withdrawal, a week passed, 10 days passed, and no withdrawal was made. Finally, through Selçuk Ural, a company called Alpha Financial Market asked me to deposit 50,000 lira and transfer your account there so that you can withdraw your money on the same day. He said, "You will withdraw your own money." Your account is worth 18,800 dollars. Then they also asked for 50,000 lira as an expense for that money. We deposited it and in the afternoon, he said, "You made a mistake with this 50,000 lira. You won't write the name, leave the name blank." They asked for another 51,000 lira, and we deposited 51,000 lira again. Then they asked for another 50,000 lira. This time, as if blackmailing, they said either you do it or we can't do anything, we will send the account to SPK and it will be closed, I don't know what. They tell something and I got up and deposited another 51,000 lira. And now, with the transactions I made there, I have 35,000 dollars as my receivable there, and behind it, $2,000, we sent it again, 20,000 Turkish lira, we sent it again for that money to arrive, for 34,000 dollars to arrive, and those monies are also visible on the platform there, 2,588 dollars, that is, it is visible in the normal account from 34,000 dollars. I made a withdrawal request and now none of them are talking to me, they are not answering my calls. The last person I spoke to was Emir Bey from Alpha, he said he is the manager. Then, finance manager Barbaros Bey, customer representative Çağla Hanım, another customer representative Efsune Hanım, manager Süleyman, and none of them have been answering my phone for 1.5 months. I have been without a phone for two days, today is

Q10
2024-10-29 06:41
Amxer Markets · Company summary
Amxer Markets Review Summary
Founded2023
Registered Country/RegionSaint Lucia
RegulationNo regulation
Market Instruments120+: Forex, Indices, Commodities, Cryptocurrencies, Stocks
Account TypeStandard Account, Premium Account, PRO Account, PAMM Account.
LeverageUp to 1:100
SpreadStart from 0.0 pips
Trading PlatformMT5
Min deposit$100
Payment MethodLocal banks, Debit/Credit Cards, bitcoin, tether, Wire transfer
Customer SupportPhone: +357 25255678
Email: admin@amxermarkets.com
Physical Address: 59 Agios Athanasios Avenue, D. Vrachmis Building, 4102 Agios Athanasios, Limassol, Cyprus.

Amxer Markets Information

Amxer Markets, founded in 2023, is a brokerage registered in Saint Lucia. It provides more than 130 types of instruments - forex, indices, commodities, cryptocurrencies, stocks.

Amxer Markets Information

Pros and Cons

Pros Cons
Wide range of trading instrumentsUnregulated
4 types of accounts offeredNo demo account
MT5 supportedNo Islamic account
Copy trading availableNo information about withdrawal fees
Multiple payment methods
Low min deposit
No commissions

Is Amxer Markets Legit?

It is clear that Amxer Markets is currently unregulted.

Is Amxer Markets Legit?

What Can I Trade on Amxer Markets?

Amxer Markets offers traders more than 130 types of instruments - forex, indices, commodities, cryptocurrencies, stocks to trade.

Tradable Instruments Supported
Forex
Commodities
Stocks
Indices
Cryptocurrencies
Metals
Futures
Options
What Can I Trade on Amxer Markets?

Account Types

Amxer Markets offers 4 different types of accounts to traders - Standard Account, Premium Account, PRO Account, PAMM Account.

Account TypeStandard AccountPremium AccountPRO AccountPAMM Account
Min Deposit$500$100$1000$1000
SpreadsFrom 3 pipsFrom 3 pipsFrom 1 pipsFrom 0.6 pips
Suitable ForBeginner TradersIntermediate TradersPro TradersAdvanced Traders
Maximum LeverageUp to 100Up to 100Up to 100Up to 100
CurrencyUSDUSDUSDUSD
Trade size increment0.010.010.010.01
Margin Call100%100%150%150%
Stop Out Level30%30%30%30%
Commission for forex pairsNo commissionsNo commissionsNo commissionsNo commissions
Swap FeesNo SwapNo SwapNo SwapNo Swap
Account Types

Amxer Markets Fees

Amxer Markets charges no commissions for every transaction. Standard Account's spreads start from 3 pips. Premium Account's spreads start from 3 pips. PRO Account's spreads start from 1 pips. PAMM Account's spreads start from 0.6 pips. There are also no swap fees.

Trading Platform

Amxer Markets's trading platform is MT5, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices
MT5Web, Mobile
MT4
Trading Platform

Deposit and Withdrawal

The broker supports 5 types of deposit methods - local banks, Debit/Credit Cards, bitcoin, tether, Wire transfer, and 3 types of withdrawal methods - bitcoin, tether, local banks.

Deposit MethodMinimum AmountCommissionExecution Time
Local Banks100.00 USDFreeUpTo 24 hours
Debit/Credit CardsUpTo 100.00 USDFree1-3 hours
Bitcoin0.0020 BTCFree1-6 hours
Tether100.00 USDFree1-6 hours
Wire Transfer100.00 USDFreeUp to 5 days
Withdrawal MethodMinimum AmountWithdrawal Time
Bitcoin100.00 USD24 hours
Tether100.00 USD24 hours
Local Banks100.00 USD24 hours
Deposit and Withdrawal

Copy Trading

Amxer Markets copy trading solution allows investors to automatically replicate the trades of experienced traders, enabling them to benefit from their expertise and potentially increase their profitability. It offers a convenient and efficient way for beginners to learn from professional traders and participate in the financial markets.

Copy Trading

User Reviews

More

User comment

1

Comments

Write a review

zal0820
more than one year
Finally my issue was resolved. It happened when real people joined the conversation. Bots and FAQ page were not helpful.
Finally my issue was resolved. It happened when real people joined the conversation. Bots and FAQ page were not helpful.
Translate to English
2024-08-23 11:49
Reply
0
0
1