AMBroker.com Review

2.989 · 3 REVIEWS

AM Globe Services Ltd

Updated: Oct 1, 2020 · Visit site  · Is this your company?

AMBroker is a forex broker. AM Broker offers the MT5, Web and Mobile forex trading top platform. AMBroker.com offers over 50 forex currency pairs, stocks, indices, cfds, commodities, gold, silver, bitcoin and other cryptocurrencies for your personal investment and trading options.

AMBroker.com
July 2019-July 2020:  Multiple fake and highly suspicious positive reviews submitted for AMBroker.

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AMBroker.com profile provided by AM Broker, Apr 13, 2020

AM Broker is an international brokerage firm providing services for individuals and institutions that are investing online as well as various affiliate programs. The company offers an electronic trading platform (MetaTrader 5 for desktop, web and mobile) for the purchase and sale of currency pairs (forex), stocks, exchange-traded funds (ETFs), commodities, and cryptocurrencies. It also provides a copy-trading system, PAMM accounts, and an Expert Advisor Builder for generating optimized, backtested trading robots (EAs) with a few clicks without writing codes.

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2.989 · 3 REVIEWS
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Traders Reviews

john Michael,
dar es salaam, Tanzania, United Republic of,
Jul 12, 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
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
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.
 
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