Thinking of getting into business with AMC Trade? Here is what you must know about this broker. Carefully read this review to find out if is the trading platform you will want to trade with.

About AMC Trade Broker

AMC Trade is an offshore brokerage company with a lot of promises for traders. The broker says it is located in UK.

The broker offers trading signal, low spread, verified security, welcome bonus and 24/7 support.

There are different account types AMC Trade offers. See below.

In spite the trading instruments AMC Trade claims to offer, traders must know they are dealing with an unknown broker whose regulation claim is false. Reasons to Avoid This Broker is a platform with no financial authority overseeing its financial services. The regulation claim is not legit as Financial Conduct Authority does not recognize the broker. It claims to be located in the UK but governed by the law of Marshall Islands.

Another red flag we noticed on is that it has no demo account for traders. Since traders can’t test AMC Trade broker on a free account, we can’t know its viability in the forex market.  

Again, this broker does not offer money back guarantee which means trading on such platform is clearly a risk.

This is a con for forex traders to avoid losing money with this broker. 

Withdrawal and Deposit

Withdrawal process

AMC Trade provides us with no information on its withdrawal. As for an dormant account(s), see what the broker charges.

Minimum Deposit

The recommended minimum deposit AMC Trade offers is $250.

As for the payment methods, we can make via Debit/Credit card and Wire transfer. However, you should not consider making any payment with this broker because it is a risk. So beware!

AMC Trade Platform

AMC Trade offers web based trading software. The refusal to make use of the industry standard MT4 or MT5 that comes with user friendly features for trading seems the broker is not ready to be taken seriously in the forex market.

Leverage can be increased up to 1:300. Nevertheless, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.

AMC Trade Licensing and Regulation

It is not far from believing that this broker is not a licensed brokerage firm. It is not under Financial Conduct Authority, UK that means your money is at risk. Its unlicensed and unregulated claims are truly a red flag and must be avoided.

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Conclusion: Is a Reliable Broker? does not seem like a reliable broker for traders even though it promises offers that look good to be true.

The broker is unregulated which means it is not authorized to operate in any regulated country and you should definitely not put any money into it.

Because we have taken it as a duty to review forex brokers and also share reasons, we do not recommend this broker for trading.

Kindly share your comment about this broker in the comment section.

By Dan

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