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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

AM Markets

Belarus|5-10 years| Benchmark A|
Regulated in Belarus|Retail Forex License|Suspicious Scope of Business|High potential risk|

https://www.amtopzone.com/en

Website

Rating Index

Benchmark

Speed:B

Slippage:AA

Cost:B

Disconnected:A

Rollover:A

Contact

support@ammarkets.com
https://www.amtopzone.com/en
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

Advanced Management Capital Limited

Abbreviation

AM Markets

Platform registered country and region

Belarus

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-23
  • This broker bas been verified to be stoppage of business, and it has been listed in WikiFX's Stoppage of Business list. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

AM Markets · WikiFX Survey
Danger A Visit to AM Markets in Belarus – No Office Found
Belarus
AM Markets · Benchmark
Average transaction speed(ms)
568
The highest transaction speed(ms)
294 Poor
The highest speed of opening positions(ms)
294
The highest speed of closing position(ms)
412 Poor
The lowest speed of opening positions(ms)
1288 Good
The lowest speed of closing position(ms)
857 Great
0USD/Lot
27.14USD/Lot Perfect
Long: -5.76USD/Lot    Short: 2.39USD/Lot Good
Long: -29.66USD/Lot    Short: 14.46USD/Lot
Average slippage
-0.5 Good
Maximum transaction slippage
0 Perfect
Maximum positive slippage
0
Maximum negative slippage
0 Perfect
Average disconnection frequency (times/day)
0.4 Perfect
Average reconnection time (millisecond/per request)
91.3
Ranking: 54 / 128
Test user 286
Orders 1,327
Ocuppied margin $192,931 USD
Data Source WikiFX Data provide
Updated: 2024-11-22 01:00:00

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AM Markets · Company Summary

AM Markets Review Summary
Founded2019-10-26
Registered Country/RegionBelarus
RegulationNBRB
Market InstrumentsForex/Precious Metals/Energy/Indices/Digital Currencies
Demo Account
LeverageUp to 1:500
Spread0.1
Trading PlatformMT4(Windows and Mobile)
Min Deposit$100
Customer SupportLive chat
Email:support@ammarkets.com
Social Media: Twitter, Facebook, Instagram, and Linkedin

AM Markets Information

AM Markets is a broker offering many market instruments: Forex/Precious Metals/Energy/Indices/Digital Currencies. AM Markets also provides spreads as low as 0.1, 0 commission, leverage up to 1:500, and 24/5 customer support.

AM Markets Information

Pros and Cons

Pros Cons
RegulatedNo Islamic account
ECN/Demo account types availableHidden withdrawal risks
Commission free
24/5 customer support
Various products: forex/index/precious metals, etc.

Is AM Markets Legit?

AM Markets are regulated by NBRB, which is not an authoritative regulatory agency in the public mind. The license number is 193583860.

Is AM Markets Legit?
Is AM Markets Legit?

What Can I Trade in AM Markets?

Traders can trade multiple assets because of the rich market instruments that AM Markets provides, including Forex, Precious Metals, Energy, Indices, and Digital Currencies.

Tradable Instruments Supported
Forex
Precious Metals
Digital Currencies
Indices
Energy

Account Type

AM Markets offers traders various account types that choose at random. There are three real account types and a demo account: STD, STP, and ECN.

Regarding real account information, STD is suitable for traders who prefer fixed spreads. Such traders are relatively cautious in investing. STP has the characteristics of floating spreads and is favored by experienced traders looking for greater opportunities. Besides, ECNs low spreads often attract traders.

Account Type STDSTPECN
Maximum Leverage1:5001:5001:500
Minimum Deposit$100$100$100
Minimum Spread0.10.10.1

AM Markets Fees

According to the information released by GlcWikiFX about AM Markets, the lowest spread of AM Markets is 0.1 pips. In addition to this, traders enjoy no commission, which will reduce traders trading costs.

Leverage

AM Markets' leverage is as high as 1:500, which has relatively large opportunities accompanied by a huge risk of loss.

Trading Platform

AM Markets supports the MT4 trading platform, which is welcomed by traders for its stable, user-friendly interface and advanced charting capabilities.

Trading PlatformSupported Available Devices
MT4Windows and Mobile
Trading Platform

Deposit and Withdrawal

The minimum deposit of AM Markets is $100, but the withdrawal information is not stated.

Customer Support Options

AM Markets customer support can be reached 24/5 through online, chat, and email, as well as social media platforms including Twitter, Facebook, Instagram, and Linkedin.

Contact Options Details
Email support@ammarkets.com
Online Chat
Social Media Twitter, Facebook, Instagram, and Linkedin
Supported Language English
Website Language English
Physical Address QUEENS QUAY WEST TORONTO, ON, CANADA
Customer Support Options

The Bottom Line

AM Markets offers a variety of trading account types, including STD, STP, and ECN. It offers spreads up to 0.1 pips and 0 commission. However, traders do not know how to withdraw money from AM Markets, which may cause problems with the safety of traders' funds. In addition, AM Markets are not regulated by authoritative institutions and will carry certain risks.

FAQs

Are AM Markets safe?

Yes, legally regulated.

What account types does AM Markets provide?

STD, STP, and ECN. If traders do not want to invest real amounts, they can also choose a demo account.

How to withdraw money at AM Markets?

AM Markets does not have withdrawal information. To guarantee the safety of funds, traders need to evaluate platform security.

Review 23

23 Comments
Write a comment
All(23) Latest Positive(3) Neutral(1) Exposure(19)
Exposure
I made profit but can not withdrawal
I opened an account and deposited funds on AMMarkets. Because I caught up with unilateral rising market, I had a full position and long positions, and all profits were not lost. Just because there is no loss-making, they were saying that I have violated the rules, withdrawal application has not been processed since May 4th, until the platform asked me to sign unfair agreement on May 31st, which is to give a part of profit (30%). I was forced to collect money from bank, and online loan platform urged me to pay back money, so I could only get a part of it back to solve the immediate difficulties. They did not return remaining 10,532 US dollars, and asked to close my background. Such a black heart [d83d][dda4] platform is too disgusting, the platform hacks my hard-earned money. The unfair terms given by platform are as follows: Please initiate a withdrawal application of $4515.00 USD in CRM background of customer, and send an email to cs@ammarkets.com. The content of the email: I, XXX, admit to obtaining profits in AM MARKETS through abnormal trading methods, and now agree to distributor’s proposal plan. 30% profit ($4515.00) in addition to the principal that has been withdrawn. After the withdrawal is successful, the CRM background login is closed, and the MT trading account is closed. Such a black-hearted [d83d][dda4] platform invites everyone to comment on why the profit is not given. Keep your eyes open [d83d][dc40] and don’t be blackmailed by AM platform again. Please also ask relevant departments to come out to uphold justice for me and return my hard-earned money. I promise that everything I said is true, and I will bear full legal responsibility if there is any fiction.
星伴月
2023-07-03
Exposure
Refuse to give me my profits
I opened an account with AMMarkets platform and deposited money for trading. Because of the upward trend of the market, I held a full position of long stocks, and all my profits were profitting. However, the platform said I violated trading rules because I did not have any losses. Since May 4th, I have been applying for a withdrawal and have not received any response. On May 31st, the platform asked me to sign an imparity clause, which stated that I would give up 30% of my profits. Due to pressure from my bank and payment platform, I was only able to retrieve part of my money to address my current difficulties. The remaining $10,532 was not given to me, and the platform requested that my CRM be closed. This platform is extremely greedy and unethical. They are stealing my hard-earned money. Here is the imparity clause that the platform provided: "Please submit a $4,515 USD withdrawal request through the CRM backend and send an email to cs@ammarkets.com with the following content: 'I, XXX, acknowledge that I have obtained profits through illegal trading methods at AM MARKETS, and I agree to accept the vendor's proposal. The withdrawal will be processed after the principal has been withdrawn, and a 30% profit ($4,515 USD) will be released. After the withdrawal is successful, the CRM backend will be closed and the MT account will be closed." This platform is extremely unethical and should be judged by all. Please help me retrieve my money and restore my faith in trading platforms. I promise to assume all legal responsibility if any of my statements are false.
星伴月
2023-06-08
Exposure
Make profits to the platform without giving money
I opened an account and deposited funds on the AM Markets platform. Because I caught up with the unilateral rising market, I had a full position and long positions, and all profits were not lost. Just because there is no loss-making, platform said that I have violated the rules.The withdrawal application has not been processed since May 4th, until the platform asked me to sign the Overlord agreement on May 31st, which is to give a part of the profit (30%). I was forced to collect the money from the bank, and the online loan platform urged me to pay back the money, so I could only get a part of it back to solve the immediate difficulties. The remaining 10,532 US dollars platform did not give me, and asked to close my background. Such a black-heart platform is too disgusting, the platform hacks my hard-earned money. The Overlord terms were provided by the platform as follows: Please initiate a withdrawal application of $4515.00 in the CRM background of the customer, and send an email to cs@ammarkets.com. The content of the email: I, XXX, admit to obtaining profits in AM MARKETS through abnormal trading methods, and now agree to the distributor’s proposal plan. 30% profit ($4515.00) in addition to the principal that has been withdrawn. After the withdrawal is successful, the CRM background login is closed, and the MT trading account is closed. I invite everyone to comment on why the profit is not given for this black-heart platform. Keep your eyes open and don’t be blackmailed by the AM platform again. Please also ask the relevant departments to come out to uphold justice for me and return my hard-earned money. I promise that everything I said is true, and I will bear full legal responsibility if there is any fiction.
星伴月
2023-06-06
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