Abstract:AMG Capital is a UK based forex broker, and there is zero evidence that AMG Capital is regulated.
General Information & Regulation
AMG Capital is a UK based forex broker, and there is zero evidence that AMG Capital is regulated.
Ponzi Scheme Warning
AMG Capital has been verified to be a Ponzi Scheme, A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.
Markets Instruments
AMG Capital offers the opportunity to trade in Forex, CFDs, stocks, indices and commodities such gold and silver.
Minimum Deposit
As for the minimum deposit, it is $250 for the Basic account. Although this amount is acceptable, given the fact that AMG Capital is an illegal broker, traders are not advised to register real trading accounts here.
Leverage
The leverage available on the broker varies depending on the account a user has. The leverage that a Basic account holder has access to goes from 1:20 to 1:200. It goes from 1:40 to 1:400 for Standard account holders and from 1:50 to 1:500 for Premium account holders.
Spreads & Commissions
Spreads and Commissions vary depending both on the selected product and the account type a user possesses. It is 3.0 pips for the EUR/USD currency pair for a basic account, which is much higher than the industry standard.
Trading Platform Available
Here AMG Capital offers the Webtrader. You don`t need to download to your computer functional and user-friendly Webtrader, don`t need to install and learn complex instructions to work with it.
Deposit& Withdrawal
AMG Capital offers traders payment methods including Bank cards (deposit, credit), Bank transfer,
as well as online payment processors including (NETELLER, WebMoney, QIWI Wallet, Yandex.Money). The money goes to traders bank accounts on time, usually within 5 working days.
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