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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

AM Markets

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

https://www.amtopzone.com/en

Website

Rating Index

Benchmark

Speed:A

Slippage:AA

Cost:C

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

Licensed Institution:AM Markets Capital Limited Liability Company

License No.:193583860

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
Warning: Low score, please stay away!
2024-12-23
  • 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!
3

Basic information

Registered region
Belarus
Operating period
5-10 years
Company Name
Advanced Management Capital Limited
Abbreviation
AM Markets
Company employee
--
Customer Service Email Address
cs@ammarkets.com

清风

Hong Kong

The exchange rate for deposit and withdrawal is high, and it is said that it will not be allowed within a few days of deposit. They claimed that there was an internal problem with the platform, which frightened me into withdrawing money soon. Please stay away from such a platform without integrity.

Exposure

2023-08-16

TMGM官方mck88088

Hong Kong

I have won hundreds of dollars but have not recived it, I am really convinced.

Exposure

2023-07-08

星伴月

Hong Kong

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.

Exposure

2023-07-03

星伴月

Hong Kong

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.

Exposure

2023-06-08

星伴月

Hong Kong

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.

Exposure

2023-06-06

星伴月

Hong Kong

I opened an account and deposited funds on the AMMarkets platform. Because I caught up with the unilateral rising market, I had a full position and long positions, and all profits were not lost. Platform said that I have violated the rules just because there is no loss-making .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 platform did not give the rest of $10,532 , and asked to close my background. Such a black platform is too disgusting, the platform was robbing me of my hard-earned money. The overlord agreement provided by the platform were as follows: Please initiate a withdrawal application of $4515.00 USD in the CRM background of the customer, and sent 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 was successful, the CRM background login was closed, and the MT trading account was also closed. So I invited everyone to comment this black platform on why the profit was not given. 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 was true, and I would bear full legal responsibility if there was any fiction.

Exposure

2023-06-06

星伴月

Hong Kong

I opened an account for deposit trading on the AMMarkets platform, and due to the unilateral upward trend, I had a full position with multiple orders, all of which were profitable without any losses. Just because no loss making platform accused me of illegal trading, I applied for a deposit on May 4th and was not processed until May 31st when the platform asked me to sign the Overlord Agreement, which means that I will receive a portion of the profit (30%). I am facing the situation of being urged by banks to collect money and being urged to repay money by online lending platforms. I am forced to retrieve a portion of it to solve the current difficulties. The platform refused to give me the remaining $10532 and requested to close my backend. This kind of black hearted platform is too disgusting, platform black I sweat money. The overbearing terms provided by the platform are as follows: Please request the customer's CRM backend to initiate a $4515.00 USD withdrawal request and send an email to cs@ammarkets.com Email content: I, XXX, acknowledge that I have obtained profits from AM Markets through abnormal trading methods, and now agree to the proposal of the circulation merchant. 30% profit ($4515.00) in addition to the principal already paid out. After successful withdrawal, the CRM backend login is closed, and the MT trading account is closed. This kind of unscrupulous platform invites everyone to comment and reason why profits are not given. Everyone should keep their eyes open and not be blackmailed by the AM platform again. Please also ask relevant departments to come out and uphold justice for me, and repay my hard-earned money. I promise that everything I say is true, and if there is any fiction, I will bear all legal responsibilities

Exposure

2023-06-05

格物致知18698

Hong Kong

This is a fraud platform that widens the spread no matter you buy or sell. Be careful. Do not trade at this platform.

Exposure

2023-01-31

格物致知18698

Hong Kong

The background operation of the unscrupulous platform intentionally pulls the spread to steal money, the ECN account opens a position to get a price, and the gold 1 lot closes a position and pulls 20 dollars. Traders who see want to open an account are careful to be hacked,

Exposure

2023-01-28

NIODay

Hong Kong

Unable to withdraw money, stay away from this dealer, and traded on this platform for about two months. Continue to do more than 400 orders. Earned more than 4,000 US dollars. I didn't expect that if I want to withdraw money, I won't give money. To deduct 80% of the profit, saying that the transaction violated the rules, I asked them to explain where the violations did not get any reply!

Exposure

2022-12-24

Xx橙子~

Hong Kong

Fraud platform! ! ! It shows that the withdrawal has been successfully processed, but the account has not been received at all! ! !

Exposure

2022-11-15

格物致知18698

Hong Kong

Buying and selling on the fraud platform, they deliberately increases the spread, the operation is concealed. Everyone should stay away from the fraud platform of AM

Exposure

2022-10-25

格物致知18698

Hong Kong

This black company earned money by enlarging the spread. If you do something wrong, do not afraid of accusation.

Exposure

2022-10-13

格物致知18698

Hong Kong

The ecn account intentionally widens the spread, and the sell transaction pulls the spread. a fraud platform

Exposure

2022-10-04

董涛

Hong Kong

Do not allow to deposit and close the deposit channel

Exposure

2022-07-06

FX9842944302

Hong Kong

Induce fraud that induce customer to trade with high handling fees and high spread. Induce inviting customers. Demand to return the principle.

Exposure

2022-04-29

FX9842944302

Hong Kong

Induce to deposit and invite people to open agent for commission. Maliciously call orders. No one handles this fake platform. Just try a platform with good rating. A complain will be addressed in couple hours. I do not know how this platform earn this score. Return my hard-earned money.

Exposure

2022-04-27

FX9842944302

Hong Kong

Induce customer to trade randomly and invite people to be an agent. Induce customer to trade. Return my hard-earned money.

Exposure

2022-04-25

FX9842944302

Hong Kong

Induce deposit, trading and customer to invite people to open agency for commision. Induce customer to place orders with a high spread.

Exposure

2022-04-24

FX1142150269

United Kingdom

The website of AM Markets cannot be opened, and I saw many complaints from wikifx. Good thing I didn't deal with this company! Hope they recover the funds soon.

Neutral

2022-12-12

23
Account Information
Benchmark
Website
Genealogy
Company Summary
Review

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Benchmark

Average transaction speed(ms)
531.5
The highest transaction speed(ms)
177
The highest speed of opening positions(ms)
177 Good
The highest speed of closing position(ms)
177 Good
The lowest speed of opening positions(ms)
1410 Good
The lowest speed of closing position(ms)
794 Great
0USD/Lot
30.5USD/Lot Good
Long: -5.76USD/Lot    Short: 2.39USD/Lot Good
Long: -28.93USD/Lot    Short: 13.7USD/Lot
Average slippage
-3.1 Good
Maximum transaction slippage
0 Perfect
Maximum positive slippage
0
Maximum negative slippage
0 Perfect
Average disconnection frequency (times/day)
0.1 Perfect
Average reconnection time (millisecond/per request)
126.7
Ranking: 68 / 125
Test user 291
Orders 1,409
Ocuppied margin $179,754 USD
Data Source
WikiFX Data provide
Updated: 2024-12-20 01:00:00

Website

  • amtopzone.com

    Server Location

    Hong Kong

    Website Domain Name

    amtopzone.com

    Server IP

    8.210.157.165

  • ammarkets.com

Genealogy

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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.

Keywords

  • Stoppage of Business
  • 5-10 years
  • Regulated in Belarus
  • Retail Forex License
  • Suspicious Scope of Business
  • High potential risk

Review 23

All(23) Latest Positive(3) Neutral(1) Exposure(19)
星伴月

3-5 years

Hong Kong

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.
2023-07-03
星伴月

3-5 years

Hong Kong

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.
2023-06-08
星伴月

3-5 years

Hong Kong

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.
2023-06-06
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