AMBroker.com Review

3.324 • 3 REVIEWS
Out of business AM Globe Services Ltd
Updated: Apr 13, 2022
AMBroker is a forex broker. AM Broker offers the MT5, MT5 Web and Mobile forex trading top platform. AMBroker.com offers over 25 forex currency pairs, stocks, indices, cfds, commodities, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.
July 2019-July 2020:  Multiple fake and highly suspicious positive reviews submitted for AMBroker.

Website is down. Company seems to be out of business.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $100
Established: 2010
Address: The Financial Services Center, Stoney Ground, Kingstown, Saint Vincent And Grenadines
Contact: info@ambroker.com, +44 2036704699
Regional offices:
Regulators: SVGFSA #24863
Prohibited countries:
Trading platforms: MT5
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (25+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (335+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

PAMM: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard
* Please check broker website for more information
3.324 • 3 REVIEWS

Recent User Reviews of AMBroker.com

D
Dave
Lagos, Nigeria,
Apr 1, 2020,
Guest

The broker is a pure scam.

Service use: Live Length of use: 6-12 Months
I closed some positions in a negative balance but what was calculated was more than what it is supposed to be.
D
Reply by AM Broker submitted Apr 9, 2020:
Hello Dave,

Our support team already explained what happened with your positions, but please allow us to clarify this misunderstanding in a transparent manner also.

First of all, thank you for being our client, we really appreciate it!

You are referring to this position (please check the image: https://prnt.sc/rvz18k) where comments show you have used Close By function from the MT5 mobile app.

The Close By operation allows traders to simultaneously close two opposite positions of the same financial instrument. If opposite positions have different lot values, only one of them will be left open. Its volume will be equal to the difference between the lot values of the two positions, while the direction and open price of the remaining position will be the same as the direction and open price of a larger position.

Compared to an individual closure, the Close By operation allows the trader to save one spread:

If the positions are closed separately, the trader pays the spread two times: the Buy position is closed at Bid, and the sell position is closed at Ask.
During the Close By operation, the open price of the second position is used to close the first one, and the second position is closed at the open price of the first position.

Everyone knows MetaTrader 5 is the most reliable trading platform today (has won awards in two categories during Finance Magnates London Summit Awards 2019) and can not fail in P/L calculations. The -68.63 loss is accurate. Please check the trade report in MT5 (Terminal -> History) and take the above notes into consideration.

If you have further questions, we are happy to assist you.

Best Regards,
AM Broker
M
Maureen
Lagos, Nigeria,
Jul 16, 2019,
Guest

Best platform ever

Service use: Live Length of use: over 1 Year
Have been trading on the platform over a year ago and am comfortable with the trading platform bcos am generating my profit from it and the charges are very ok compare to other broker
1 trader has found this review helpful
J
john Michael
dar es salaam, Tanzania, United Republic of,
Jul 11, 2019,
Guest

INSTANT DEPOSIT & WITHDRAWAL

Service use: Live Length of use: over 1 Year
i like it because it offers instant deposit and withdrwals, M pesa has been good for mobile money for kenya and uganda! Excellent Experience
1 trader has found this review helpful