Investor Was Blacklisted by Illegal Forex Broker AME

Summary: Ms. Ma shared her awful investment experience at AME, a Forex broker who not only rejected her withdrawal but also blacklisted her phone number.

She told WikiFX that she opened an account and made deposit at AME upon the recommendation of a stranger, but she kept on losing money. On May 13th this year, she filed a withdrawal application that was left unapproved. The customer service promised Ms. Ma that she' ll receive the money within a week, but her withdrawal request was still in approval throughout and the money in her account wasn' t deducted. Whats worse, Ms. Ma found she was blacklisted when she tried to contact the customer service again by phone.

Ms. Ma shared her terrible experience:

As an investor at AME, I would like to warn other investors against AME, an illegal broker who not only resulted in huge loss to me, but also refused my withdrawal application. Please stay away from it!

I was introduced to AME by a young girl I knew online. As we became closer through chatting, she made such eloquent and irresistible speeches about possible profits that I was persuaded into making several deposits on AME, in hope of making some money. Heres a record of my latest deposit.

But I didnt realize I was in a trap. I made much more loss than profit ever since my first deposit, and by May 13th this year I decided to withdraw all my balance. But my application was left unapproved and no deduction was made from my account.

I contacted AME customer service about the problem, and on May 14th in the afternoon, they replied that their platform worked well and the related problems were being processed.

The money in my account still wasnt deducted 3 days later, so I contacted the guy again, who promised to solve this problem before next Tuesday or Wednesday. Meanwhile, my IB agent who was also following up this issue for me got the same answer.

By Tuesday morning, my application remained unapproved, so I contacted the IB. He sent me his conversation with AME customer service and said the guy promised to give us updates in the afternoon.

Yet until Tuesday night, no progress was made in solving my withdrawal failure. I tried calling the AME customer service and found my call was blacklisted.

Meanwhile, he stopped answering my questions by WeChat either.

To date, the money in my account still hasnt been deducted, and neither me nor the IB agent can reach AME through any means.

Therefore, I report AME to WikiFX in hope of getting back my money. Having caused me heavy loss in trading already, its outrageous that AME should block me from withdrawing my balance!

At the end of her experience, Ms. Ma provided her ID card to ensure an authentic complaint.

Further investigation from WikiFX suggests AME has one risk warning of overrun business, as it has NFA(US)s license(regulatory number 0511885) for generic financial services only without the authorization of Forex brokerage.

AMEs interface from WikiFX App

Per investigation, AME is rated at only 1.84 on WikiFX App and currently operates in overrun business under NFA' s generic financial services license without authorization of Forex brokerage. WikiFX also confirms that the broker illegally blocked investor' s withdrawal and blacklisted investor, so please stay away from it.

Conclusion

Once again, we remind investors to check broker' s license and compliance carefully before making a deposit. Don' t easily trust the recommendation from families and friends, and especially from strangers before doing your own research about brokers.