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Amxer Markets

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Operating status: SCAM

Website: https://amxermarkets.com/

Broker violations and abnormal records
  • 2024-11-04 BrokersView has reviewed that Amxer Markets is an unregulated broker

    Amxer Markets claims to be an ECN/STP Forex broker registered in St. Lucia. However, a company registration alone does not equate to a financial regulator's license. Moreover, St. Lucia does not license forex trading activities. Being an offshore jurisdiction, St. Lucia offers minimal protection for investors. Without any other valid licenses to prove that Amxer Markets is under proper supervision, there is no assurance of the broker's compliance.

    In essence, Amxer Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Amxer Markets appears to be a scam.

    Amxer Markets claims to be an ECN/STP Forex broker registered in St. Lucia. However, a company registration alone does not equate to a financial regulator's license. Moreover, St. Lucia does not license forex trading activities. Being an offshore jurisdiction, St. Lucia offers minimal protection for investors. Without any other valid licenses to prove that Amxer Markets is under proper supervision, there is no assurance of the broker's compliance.In essence, Amxer Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Amxer Markets appears to be a scam.

Related Complaints

Q&A

Is Amxer Markets a scam site?

Jay Marylyn
Ireland
2024-11-06
ANSWER Dear Investor,We are concerned that Amxer Markets is a scam due to its unregulated status.Amxer Markets claims to be registered in St. Lucia but provides no other valid licenses to prove its legitimacy. It is important to note that St. Lucia is an offshore jurisdiction with lax financial supervision and minimal regulatory protections, raising significant concerns about the broker's reliability.Therefore, Amxer Markets presents substantial risks. We strongly suggest you avoid using Amxer Markets to protect yourself from potential fraud.
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