Broker AMarkets: Exposed
The company AMarkets, being a standard scam on the Forex market, deceives traders not only during fund withdrawals but also during transactions, claiming to operate in the international interbank market. In this way, it shifts responsibility for client losses onto the clients themselves.
We will discuss in detail the fraudulent methods of AMarkets and show real client reviews about the broker’s activities.
Broker’s History
The brokerage company AMarkets has been operating since 2007. In the past, it was known as Adrenalin Forex and AForex. The managing company is the organization Amarkets Ltd, registered in Saint Vincent and the Grenadines.
Something interesting: the scam Weltrade is also registered at the same legal address (even the office number is the same). Therefore, it is unlikely that the scammers coincidentally ended up in the same territory.
AMarkets is no exception, holding a license from the fake regulator “International Financial Commission” – The Financial Commission. The organization is private, registered in Hong Kong, and has its roots from CIS countries.
Dual Standards of the “Regulator”
To become a member of the “International Financial Commission,” one needs to pay a membership fee and annually contribute 10% of it. However, the decisions of this fake commission are not mandatory and do not carry any pressure. Apparently, it was created by scammers to give the appearance of a license.
Our investigation reveals the hidden connections between this “commission” and the broker AMarkets.
Questionable Terms
The company AMarkets poses risks of losses to its clients due to dishonest actions. The customer agreement document is on the same low level as that of most similar “scammers.”
Unfulfilled results, quiet closure of accounts, and manager accountability avoidance are real problems that clients face.
Partnership Relations
AMarkets offers two partnership schemes: “Webmaster” and “Agent.” While these networks may provide opportunities for earning, be cautious about their promoters being scammers.
Our advice – do not believe everything that AMarkets’ partners say.
Confirmation of Deception
Reviews about the company AMarkets from real clients vividly demonstrate its business practices. Be attentive and doubt absolutely positive comments.
Do not fall into the trap of Forex market scammers, represented by the AMarkets project. Gather information before deciding where to invest your funds.
Our Conclusion
Broker AMarkets is a form of fraud that is best avoided. The company’s way of operating shows its true nature, and client reviews only confirm this. Strive to be vigilant and do not fall for the tricks of deceivers.
I am quite dissatisfied with the service provided by AMarkets broker, as it utterly lacks the professionalism and efficiency I expect from experienced traders.