Rating Index

Pros

Diverse range of tradable instruments, including forex, cryptocurrencies, CFDs, indices, and precious metals.

High leverage options of up to 1:1000, allowing for potentially amplified profits.

Availability of a demo account for traders to practice without financial risk.

Cons

Lack of regulatory oversight raises significant concerns about the safety of funds and overall legitimacy.

Limited transparency regarding commission fees and trading costs, which may lead to unexpected expenses.

Reports of blocked accounts and difficulties in withdrawing funds, indicating potential issues with customer support and account management.

AMCC broker Accounts

AMCC Account Type

AMCC offers various account types for traders looking to invest in forex, commodities, precious metals, and energies. Here are the key account types available:

Cash Account:

Requires full payment for securities purchased.
Suitable for investors who prefer to use their own funds without borrowing.

Margin Account:

Allows traders to borrow funds from the broker to purchase securities.
Offers greater purchasing power, enabling investors to buy larger quantities of stocks.
However, it comes with higher risks, including the potential for margin calls if account equity falls below required levels.

Portfolio Margin Account:

Designed for experienced traders with higher net worth.
Offers more flexibility and lower margin requirements compared to standard margin accounts.

AMCC Broker Account Opening Process

To open an account with AMCC, follow these steps:

Visit the AMCC Website: Go to the official AMCC website to start the account opening process.
Choose Your Account Type: Select the type of account you wish to open (Cash, Margin, or Portfolio Margin).
Fill Out the Application Form: Provide necessary personal information, including your name, address, date of birth, and financial details.
Submit Identification Documents: You will need to upload identification documents such as a government-issued ID and proof of address.
Fund Your Account: After your application is approved, deposit funds into your account. The minimum deposit is typically $50.
Start Trading: Once your account is funded, you can begin trading on the AMCC platform.

For more details on the specific requirements and features of each account type, please refer to the official AMCC website: AMCC Markets and other related sources.