AMASS: customer reviews of the company’s performance in 2023.
AMASS: Review of a Fraudulent Platform
AMASS claims to have become a popular platform for daily trading operations, attracting hundreds of thousands of traders. The company promises investors fast order execution, fair commissions, advanced analytical tools, and other privileges to help them achieve financial success. However, in reality, it is just a one-day wonder seeking to attract as many newcomers as possible. Now, let’s delve into the details.
Project Description
The AMASS team consists of experienced professionals with over 14 years of experience in the financial sector. They do not disclose their names or identities among the “professionals” and provide a standard set of words about cutting-edge technologies, in-depth research, and stable profitability on the “About Us” page, typical of such companies.
They provide minimal information. Based on the information in the footer, the company started its operations in 2022. Domain verification confirmed this – the sham began servicing investors in July of last year.
On the contacts tab, there is a reference to Martech Technology Ltd, based in Belize, believed to be the main company behind AMASS. However, additional details are not disclosed.
The AMASS office is located in the USA (1630 Welton Street, Suite 201, Denver CO 80202). There is no business center at the provided address, and the same address is associated with other financial companies: E-Fiverr Limited and Nft Limited.
The registration number of AMASS, published in the footer, is 20221977192. It was registered in October 2022.
The company also has a branch in Canada, but the exact address is not disclosed. Support can only be contacted via email, with long wait times for responses.
Licenses
According to the company’s claims, AMASS is licensed by the following regulators:
- U.S. Securities and Exchange Commission,
- U.S. Money Service Business,
- FINTRAC (Canada).
This information is present in the SEC database. The “United Investment Fund” group was issued in autumn 2022.
However, FINTRAC did not approve the company’s operations.
Trading Opportunities
AMASS provides access to various assets:
- precious metals,
- cryptocurrencies (over 500 types),
- currency pairs,
- commodities,
- binary options,
- CFDs on stocks, indices, gold, bonds, and other assets,
- ETFs and other products.
The company does not provide detailed information on account types, minimum required trading amount, leverage, and spreads.
Traders’ Reviews
There are no online reviews about the company, indicating that it might be a fraudulent scheme masking itself as a reputable broker. Do not trust a company without confirmed data.
Fraud Mechanism
The scam template used by this company is very simple. Trading activity may start off smoothly since scammers carefully control the terminal. They do not execute trades in real markets but show users profitable deals to convince them of their honesty. Users may withdraw a small amount to test the company’s operations and then deposit more funds. However, when it comes to large sums, issues arise. Your funds will be frozen, and your account closed.
Conclusion
Do not take risks by dealing with AMASS. This is a company engaging in fraudulent activities without hiding it. Their goal is to extract as much money from you, and they have no intention of taking responsibility. Therefore, it is better to avoid contact with them and turn to other verified platforms.