AME Capitals Review: What Traders Need to Know

The company introduces an array of features to appeal to beginner and experienced traders alike. They feature trading robots and copy-trading tools that simulate successful trader techniques. For beginners, the site offers an array of learning resources, allegedly to speed up the learning process. On paper, all of these features are enticing.

However, they quickly raise a major concern: AME Capitals has no regulatory oversight from any legitimate financial regulator. The platform does not provide any verifiable licensing data on its site. Furthermore, the purported office address seems to be randomly chosen within an offshore jurisdiction — namely the island state of Saint Vincent and the Grenadines, a place typically associated with light-touch regulation and scant oversight. We are left to ponder: if business was conducted openly, legally and, above all, honestly, why was it necessary to be non-transparent?

AME Capitals Snapshot

Legitimacy Check

Whether AME Capitals is genuine or not is a multifaceted issue, but early indications are that it is operating in some sort of legal grey area — or something worse. Above all, the firm does not have a licence from any recognised financial regulator, European or otherwise. What is important is that its website does not display even a basic registration number or certificate.

On closer inspection, there is not a single credible mention of government bodies such as the FCA (UK), BaFin (Germany) or CySEC (Cyprus) regulating it. Meanwhile, the Terms and Conditions state that the relationship between the parties is governed by UK law. Is it worth hoping that this statement is true and that the company is operating within the legal framework of Britain? Of course not. An organisation with a suitable name is not listed in either Companies House or the FCA register.

Moving on, the address of the AME Capitals office given raises more red flags. We don’t have a verifiable office address, but rather what appear to be random geographical coordinates — addresses which cannot be independently checked. The supposed head office in Saint Vincent and the Grenadines is a well-known tactic employed by unregulated brokers attempting to conceal their true activities.

Nevertheless, the broker is officially registered as a legal entity in the register of the supervisory authority of Saint Vincent and the Grenadines. However, it is worth remembering that this jurisdiction does not regulate forex brokers at all.

Amecapitals.com Content Quality

From the surface, the site appears professional, multilingual, and information-heavy. However, a careful reading enables it to be noticed that the bulk of the information is bloated, redundant, and clearly written for promotional purposes, not education or disclosure.

Sale pages dominate most of the site, and account levels and overwrought benefits are sold on nearly every page. The platform is full of boasts about low spreads, zero commission and special services, without independent confirmation.

From a usability standpoint, the amecapitals.com website is average. Although the pages load fairly well, the entire layout is clunky. Web content is displayed poorly on certain web elements on mobile phones, and we encountered broken links on several occasions.

For software, AME Capitals uses a browser-based customised interface based on TradingView. The fundamental features such as chart, order book, and trading history are present, but usability is limited. Execution times vary and there is no native app for mobile devices, drastically cutting flexibility for traders on the go.

Key Trading Features

AME Capitals offers several account types related to specific asset classes, including: Forex, Raw Materials, Metals, Stocks, Indices, Portfolio accounts.

Account levels at AME Capitals are primarily differentiated by deposit limits and other characteristics. Although the minimum deposit is promoted as a paltry $100, the more advanced accounts might require as much as $500,000. This type of imbalance is typical in tiered fraud situations, where the lower tiers serve as bait before pressure is applied to “step up”.

The quoted leverage ratio on the standard account is a staggering 1:500. This is way above all the limits that serious regulating bodies, such as ESMA, which limits retail leverage to 1:30 on Forex. This high leverage causes very high risks, and in most instances, rapid depletion of client balances.

The company also claims to offer zero-commission trading and 0.01 point fixed spreads. While such incentives might be appealing to less competent traders, we advise against believing them. These are guaranteed to be marketing ploys and not real trading terms. In reality, we expect slippage, undisclosed charges, and fudged spreads to be the standard.

Members are provided with access to personal account managers, training webinars, and exclusive events for high-end users. However, there is no evidence that these activities are actually being offered.

Apart from the manual trading, there is also encouragement of copy trading. In this case, customers are encouraged to link their accounts with good traders and invest at least $10,000 as a starting point. The trader is rewarded with a 10% commission. The promises of guaranteed returns are made without a statistical foundation. Such an arrangement, in the absence of protection by regulatory bodies, is fertile ground for collusion and abuse.

Bots for automated trading are also available, yet algorithms, strategies, and risk management are not made public. We can only guess if the bots are actually in place, or if they are simply another marketing ploy.

AME Capitals Track Record Insight

Public records show that the domain was registered in late 2022. This can be independently verified through services like WHOIS. The point is that any new broker without a licence and visible management should always be treated with suspicion.

Also, the company falsely claims on its site to have started business in 2014 and ambiguously states international awards and achievements that cannot be verified. This is clearly an attempt to mislead prospective clients by establishing a more extensive and authentic history.

Customer Service Overview

Support is offered through phone and email. While email appears to be the primary medium, validation checks raise suspicions about its reliability. Utilising these contacts would most probably expose clients to phishing assaults or information intrusion.

However, what is even more concerning is that AME Capitals has no social media presence whatsoever — no Facebook profile, no Twitter account, no LinkedIn group, no Telegram group. This is highly unusual for a supposed international broker and strongly suggests that the company is trying to avoid public attention.

Our Verdict

After careful investigation, we have come to the conclusion that AME Capitals is not a trustworthy trading platform. It is not approved by any regulatory agency, provides false information regarding its credentials, and has trading terms verging on exploitative.

About the author

Alex Banks

Financial Analyst

Alex Banks is a seasoned financial analyst with over 15 years of experience in the trading industry. He has worked with several top-tier investment firms, specializing in long-term investment strategies and market analysis. Alex is now known for his in-depth research and ability to identify stable and reliable brokers that offer consistent performance over extended periods.