Read this AMarkets review, and share it with your loved ones to save them from scams and scam brokers.
Broker Name – AMarkets
Broker Website – https://www.amarkets.com/
Headquarters or Area of Operation – St. Vincent and the Grenadines
Warnings – Not Recommended By Review Website Like Scam Victims Help
Overview of AMarkets Review:
AMarkets as it is an offshore broker enrolled by the Financial Services Authority (FSA) of Saint Vincent. The truth of the matter is that St. Vincent and the Grenadines is an offshore zone, which enrolls the financial investment company, yet gives extremely poor if no prerequisites to the organization activity. Your funds may be at high risk if you invest your money here.
Do you want to avoid these scams? If your answer to this question is yes, then read the AMarkets review and find out what you should look for in a broker before opening an account with them. If you find this AMarkets review useful, make sure to share it with your loved ones to save them from such scams as well.
What all should you look for in AMarkets Review?
Scams are deadly.
Having the potential to make someone go into a debt trap, the scammers lure their victims in with irresistible offers and discounts. In this segment, we will be telling our readers about a few important points that you must look for in a broker before opening an account with them. Remember, nobody has a right over your money.
AMarkets Review: Regulation
As you all might know, the regulation is one of the most important checkpoints that one must look for while searching for a brokerage firm. Due to the increasing inflow of scammers in the market, the regulations set up barriers to make sure that the scammers stay away from the market. For this, they introduced the licenses. For a company to acquire a license, it must go through a variety of tests.
However, these tests are not as easy as they might sound like. If a company does not have a license, it means that the company is UNAUTHORISED and not fit for trading. In our case, if AMarkets is unregulated, then this raises the first red flag against AMarkets in this AMarkets review. Read More Scam Broker Reports 2021.
AMarkets Review: Minimum Deposit
The minimum deposit is generally asked in very small amounts by the legitimate brokers as taking huge amounts as the minimum deposit is not advised by the regulations. However, the tradition of taking huge minimum deposits is extremely common in scam brokers as their main aim is to steal as much money as they can from the trader before they get suspicious. The usual amount asked by the legitimate brokers lies in the range of $5 to $10. If AMarkets asks for an amount more than the average, chances are that AMarkets is a scam.
AMarkets Review: Leverages
Leverage is yet another common checkpoint that one must look for while checking for a broker online. Due to their direct involvement with the risk, leverages are offered in small amounts. The leverage is even capped at 1:30 and 1:50 in the European countries and the USA respectively. If AMarkets offers leverage more than this, it is a sign that AMarkets is a potential scam.
AMarkets Review Conclusion: Is AMarkets scam or legit?
To sum up, all that has been said above, we give you the power to decide whether AMarkets is a scam or not. We request the readers to move forward with extreme caution. If you have been a victim of AMarkets scam or any other broker, do not feel embarrassed. File a complaint right now and get instant help from our team!
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