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AMG

United Kingdom|5-10 years|
Scam Brokers|Suspicious Regulatory License|Suspicious Scope of Business|Clone Firm United Kingdom|Suspicious Overrun|High potential risk|

http://www.amgcapital.co.uk

Website

Rating Index

Contact

0044 2084 323 0044
info@amgcapital.co.uk
http://www.amgcapital.co.uk

Licenses

Licensed Institution:AMG Capital Partners Limited

License No.:225540

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
This platform is a Ponzi Scheme. Please stay away!
2024-12-21
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
4

Basic information

Registered region
United Kingdom
Operating period
5-10 years
Company Name
AMG Capital
Abbreviation
AMG
Company employee
--

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

2023-01-31

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 The fund in the account are just numbers, and the daily profit cannot be withdrawn.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

2022-09-23

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

2022-09-01

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

2023-02-24

FX1196474486

New Zealand

Please be sure to stay away from this scammer, my friend was cheated nearly $10,000 and still has not recovered! Is there any channel to recover the cheated money? Please tell me!

Neutral

2023-02-13

bokher

Nigeria

I had no big problems when trading with this broker,

Neutral

2022-12-08

AmG Hausa Tv

United States

I had no big problems when trading with this broker,

Neutral

2022-12-07

YARIMAN HAUSA TV

Nigeria

I love this app is very interesting app am enjoying trading with.

Positive

2022-12-08

นุกูล รุ่งเช้า

Thailand

Asking to withdraw money, put the account number 1008217854 Kasikorn Bank named Mr. Nukul dawn

Positive

1968-01-13

นุกูล รุ่งเช้า

Thailand

Request to withdraw all money to the account 1008217854 Kasikorn Bank, phone number 090-976-3020 Name Nukul Dawn

Positive

1968-01-13

10
Company Summary
News
Review

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Official website

Company 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.

regulation

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.

trading platform

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.

users' exposure

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.

Keywords

  • Scam Brokers
  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Clone Firm United Kingdom
  • Suspicious Overrun
  • High potential risk

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