Company Profile
Company Profile
Review summary
| Registered in | United Kingdom |
| Regulated by | No effective regulation at this time |
| Year(s) of establishment | 5-10 years |
| Trading instruments | Information not available |
| Minimum Initial Deposit | Information not available |
| Maximum Leverage | Information not available |
| Minimum spread | Information not available |
| Trading platform | MT4 |
| Deposit and withdrawal method | Information not available |
| Customer Service | Email, phone number |
| Fraud Complaints Exposure | Yes |
Note: At this time, we only have a cursory look at AMG as the company's official website (https://www.amgcapital.co.uk/ ) does not open properly.
Risk Warning
Online trading involves huge risks and you can lose all your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained herein is for general information purposes only.
Pros and Cons
AMG presents a number of disadvantages and risks that potential traders should be aware of. One major drawback is the lack of effective regulation, which raises concerns about the security and transparency of the brokerage. Without regulatory oversight, traders may not have the same level of protection and recourse as they would with regulated brokers. Additionally, the company's website is currently inaccessible, limiting access to crucial information and raising further doubts about its credibility. On the positive side, AMG offers the widely recognized MetaTrader 4 (MT4) trading platform, known for its comprehensive analysis tools and efficient trade execution. However, these potential advantages are outweighed by the significant disadvantages and risks associated with AMG. Traders should exercise extreme caution and consider alternative, regulated brokers with better transparency and security measures.
| Pros | Cons |
| Offers MT4 trading platform | Lack of effective regulation |
| Inaccessible website | |
| Limited transparency and credibility | |
| Limited trader protection |
General information
AMG is registered in the UK and appears to be a fraudulent broker without any credible regulation, with a history of no more than 10 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.
Is AMG Legit？
Based on the provided information, it appears that the licensed institution, AMG Capital Partners Limited, claims to be regulated by the United Kingdom's Financial Conduct Authority (FCA) with a license number of 225540. However, it has been detected as a clone firm and listed in WikiFX's Scam Brokers list. The platform is described as a Ponzi Scheme and has been flagged as illegal with expired licenses. The information suggests that AMG Capital Partners Limited is engaging in fraudulent activities and is not regulated by the FCA.
Trading platform offered by AMG
AMG offers the MetaTrader 4 (MT4) trading platform to its clients. MT4 is a widely recognized and popular trading platform that has been in the market for a significant period of time. It is known for its robust features, user-friendly interface, and comprehensive trading tools.
The MT4 platform provides traders with access to various financial markets, including forex, commodities, indices, and more. It offers a range of features and functionalities designed to assist traders in executing trades, analyzing market trends, and managing their positions effectively.
Customer support
AMG's customer support is limited in terms of available channels. You can reach out to their customer support team through email and a phone number. However, it is important to note that the company's website is not currently accessible, so it is uncertain if they offer additional support services such as live chat, callback options, frequently asked questions (FAQ) section, or round-the-clock availability.
Here are the contact details for AMG's customer service:
Email: info@amgcapital.co.uk
Phone Number: 0044 2084 323 0044
It is advisable to use these contact methods cautiously, considering the concerns regarding the legitimacy and regulatory status of AMG as mentioned earlier.
Users exposures
On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Conclusion
In conclusion, AMG presents significant disadvantages as a broker, with the lack of effective regulation, negative user reviews indicating fraudulent activities, and limited customer support channels being major concerns. The company's website is inaccessible, and crucial information such as minimum deposit, maximum leverage, and spreads is unavailable. On the positive side, AMG offers the popular MT4 trading platform known for its features and functionalities. However, the overall risks and potential for fraudulent practices associated with AMG outweigh any potential advantages, making it important for individuals to exercise extreme caution and explore more reliable and regulated alternatives in the market.
FAQs
Q: Is AMG a regulated broker？
A: No, AMG is not effectively regulated at the moment, and it is important to be aware of the potential risks associated with dealing with an unregulated broker.
Q: How long has AMG been established？
A: AMG has a history of approximately 5-10 years.
Q: What is the minimum spread offered by AMG？
A: The minimum spread information is not available for AMG.
Q: What trading platform does AMG use？
A: AMG uses the popular MT4 trading platform.
Q: How can I contact AMG's customer support？
A: You can reach AMG's customer support through email at info@amgcapital.co.uk and via phone at 0044 2084 323 0044.
Q: Is there any exposure of fraud complaints regarding AMG？
A: Yes, there have been fraud complaints exposed regarding AMG on WikiFX.
FX3705967838
Hong Kong
It’s been almost two months since they didn’t withdraw. They started saying that it was frozen, and I took the member’s information off the store. Later, they gave a new website. It’s just a string of numbers. Cannot withdraw
Exposure
FX4617848582
Hong Kong
There is no way to withdraw money. I would like to ask if everyone has reported to the police. No one can regulate such a fraudulent method？ The fund in the account are just numbers, and the daily profit cannot be withdrawn.
Exposure
無心17874
Hong Kong
I deposit $33,000 on June 26, 2022. $30,000 on June 29th. The two times totaled 63,000 US dollars. All of them were done with a loan of RMB 420,000. And also paid a protection fee of 300 yuan. Can't withdraw now
Exposure
FX1284835418
Cyprus
AMG deserves 0 stars, buddies. This broker used to defraud me so much. I started with $200 but I failed in investing oil soon due to extremely high spreads. AMG urged me to deposit more, and I put another $500 in, still losing… What most irritating is they asked me to pay additional exit fees if I close my account. I paid another $300 and left this hateful broker finally.
Neutral
YARIMAN HAUSA TV
Nigeria
I love this app is very interesting app am enjoying trading with.
Positive