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Amass foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://amassfintech.com/, about the company's legal and temporary regulatory information, the company's address 1630 Welton Street, Suite 201, Denver CO 80202.

Amass Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
Amass Limited LLC
Abbreviation
Amass
Company employee
--
Customer Service Email Address
support@amassfintech.com
Company address
1630 Welton Street, Suite 201, Denver CO 80202
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Category Information Company Name Amass Limited LLC Registered Country United States Founded Year 2022 Regulation No Regulation Tradable Assets Stocks, Cryptocurrencies, Forex, Commodities, ETFs, CFDs, Binary Options, Liquidity Pools Account Types Demo Account Available Trading Platforms AMASS All-in-One Platform Demo Account Available Customer Support Email: support@amassfintech.com; Location: 1630 Welton Street Suite 201, Denver, CO 80202 Deposit & Withdrawal Electronic Wallets - funds can be transferred using a wallet address Educational Resources News Feed, In-house Research Reports Overview of Amass Amass Limited LLC, which was established in 2022 and is based in the United States, operates as a modern financial brokerage lacking formal regulatory compliance. Amass provides stocks, cryptocurrencies, forex, commodities, ETFs, CFDs, binary options, and liquidity pools. It appeals to all levels of traders through its all-in-one trading platform that accommodates multiple financial markets. Pros and Cons Amass offers stocks,forex options, and cryptocurrencies, providing traders with a wealth of trading opportunities. Traders also benefit from the ability to access major global exchanges, high-quality liquidity pools for improved price stability, and a simplified transaction process that enhances the user experience. However, the lack of regulatory oversight stands as a primary concern. The platform's ambiguity about account types and trading fees could potentially hinder the ability to make fully informed trading decisions. Furthermore, the absence of traditional payment methods and lack of immediate customer support options like phone or live chat could limit accessibility and convenience for some users. Pros Cons Diverse market instruments across stocks, forex, cryptocurrencies, and more No regulation Access to major global exchanges and a wide range of trading pairs Lack of transparency of account types High-quality liquidity pools Obscurity regarding trading fees Simplified transaction process No conventional payment methods like bank transfer and credit cards Educational news updates No phone support or online live chat Is Amass legit or a scam? Amass operates without any formal regulatory framework. The absence of oversight from a recognized financial authority indicates considerable risks. Products Stocks: Access to major global exchanges such as NYSE, NASDAQ, TSE, LSE, and HKSE. Cryptocurrencies: Over 500 trading pairs available, featuring advanced security and integration options like wallet swaps and liquidity pools. Forex: More than 100 currency pairs with competitive spreads, leveraging interbank market rates. Commodities: Futures trading across agriculture, precious metals, and energy sectors. ETFs: Options to trade on top-performing ETFs. CFDs: Trading on margin across various asset classes. Binary Options: Low fee options trading with additional features like Copy Trade and Smart Portfolio. Liquidity Pools: Designed to offer low price gaps and fast execution through high-quality order filtration. How to Open an Account with Amass Register Your Account: Initiate your engagement with Amass by registering on their platform and providing your basic information to create a new account. Start Earning: After registration, explore and utilize the numerous trading tools and financial resources Amass offers to begin your trading journey. KYC Verification: Finalize your account setup by completing the Know Your Customer (KYC) process, which involves submitting a government-issued ID, verifying your phone number, and providing a proof of address. Engage in Trading: With all verifications complete, you are ready to trade various assets available on Amass, leveraging the platforms comprehensive features. Trading Platform Amass Limited LLC offers traders an all-in-one trading platform. This comprehensive suite includes various financial products such as stocks, cryptocurrencies, forex, commodities, ETFs, CFDs, binary options, and liquidity pools. It is equipped with smart tools for portfolio management and optimization, along with detailed research reports and analyses to help traders make informed decisions and improve their trading strategies. Trading Tools Amass's Trading Simulator offers a Trading Simulator for testing trading strategies with real market data. This feature supports traders in honing their skills and tactics. Furthermore, the platform includes an Economic Calendar from Investing.com, which is instrumental for traders who need to keep abreast of important economic events that could impact the markets. Deposit & Withdrawal Amass facilitates its financial transactions through a variety of modern electronic wallets, which are known for their efficiency and simplicity. To make a deposit or withdrawal, users only need to provide their wallet address, the amount they wish to transfer, and confirm the transaction. Key points about the deposit and withdrawal system include: Fast and Efficient: Transactions through electronic wallets are quick, making funds available without unnecessary delays. Simple Process: The requirement of just a wallet address and confirmation for transactions simplifies the deposit and withdrawal process. Safety and Security: High standards of security ensure that all transactions are protected against potential threats. Customer Support Address: 1630 Welton Street, Suite 201, Denver CO 80202 Email: support@amassfintech.com Educational Resources Amass offers a real-time news feed that provides the latest market news and essential information directly on the platform, eliminating the need for external news sources. Furthermore, Amass provides detailed in-house research reports covering a wide range of topics, from micro and macroeconomic updates to comprehensive market analysis and sector breakdowns. Conclusion Amass Limited LLC, established in 2022 and based in the U.S., provides a comprehensive trading platform with various assets like stocks, cryptocurrencies, and forex. The platform's strengths include access to significant global exchanges and quality liquidity pools for price stability. Nonetheless, the absence of regulatory oversight could pose risks for users. The lack of clear information on fees and account types, along with limited payment options and customer support, could also hinder its overall usability and attractiveness to potential clients. FAQs Q: What assets are available for trading at Amass? A: You can trade stocks, cryptocurrencies, forex, commodities, ETFs, CFDs, and binary options with Amass. Q: Does Amass operate under regulatory oversight? A: No, Amass is not regulated. Q: What trading platforms are available at Amass? A: Amass offers a comprehensive all-in-one trading platform that accommodates various asset types. Q: Can I use a demo account at Amass? A: Yes, there is a demo account available at Amass that allows for risk-free trading practice. Q: How do I handle deposits and withdrawals at Amass? A: You can perform deposits and withdrawals using electronic wallets by providing your wallet address. Q: What type of support does Amass offer to its clients? A: Amass provides support through email, though it lacks immediate contact options like phone and live chat. Q: Are there educational materials available at Amass? A: Yes, Amass offers educational resources such as a real-time news feed and detailed research reports. Risk Warning Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies. Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

Rating Index

How to login to Amass?
amass Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide is designed to help users navigate the amass platform effectively, covering the essential processes of registration, account opening, and login. By following the outlined steps, users can ensure

  

AMASS Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  AMASS, officially known as AMASS International Group, Inc., was established in 2022. The company is headquartered in Belize with a primary office located at 1630 Welton Street, Suite 201, Denver, CO 80202, USA. AMASS operates as a private entity and claims to serve a diverse clientele, including both retail and institutional traders.

  Since its inception, AMASS has aimed to position itself as a prominent player in the online trading industry, particularly in the Forex market. It has attracted a significant number of traders by promising fast order execution, competitive commissions, and advanced trading tools. The companys development has been marked by its rapid growth, claiming to have attracted hundreds of thousands of traders within a short period. However, the actual performance and legitimacy of AMASS have been called into question by various sources.

  The operational model of AMASS encompasses retail Forex trading, providing access to a wide array of financial instruments such as currencies, commodities, and cryptocurrencies. The company also claims to offer institutional services, although detailed information on this aspect is limited.

  

2. Regulatory and Compliance Information

  AMASS claims to be regulated by several authorities, including:

  • U.S. Securities and Exchange Commission (SEC)
  • U.S. Money Service Business
  • FINTRAC (Canada)

  The registration number for AMASS is 20221977192, which was issued in October 2022. However, it is important to note that while the SEC lists the company, there are indications that FINTRAC has not approved its operations, raising concerns about its regulatory status.

  AMASS asserts that it complies with various Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, although specific details regarding these measures are not extensively provided. The company claims to implement a customer funds segregation policy to protect client assets; however, the effectiveness and transparency of this policy are not clearly articulated.

  Investors should be cautious, as the lack of concrete regulatory backing and the absence of a robust investor compensation scheme may expose them to significant risks.

  

3. Trading Products and Services

  AMASS offers a diverse range of trading products, including:

  • Forex Trading: Access to over 100 currency pairs, including major currencies such as USD, EUR, and JPY, with spreads as tight as 1/10 pip.
  • CFDs: Contracts for difference on various asset classes including:
  • Indices
  • Commodities
  • Stocks
  • Cryptocurrencies (over 500 types available)
  • Binary Options: Trading options that allow speculation on the direction of asset prices.
  • ETFs and Other Products: The company also provides access to exchange-traded funds and other investment vehicles.

  AMASS claims to update its product offerings regularly; however, specific details regarding the frequency and nature of these updates are not disclosed. The company primarily targets retail traders but also mentions services for institutional clients, although details about institutional offerings are scarce.

  

4. Trading Platform and Technology

  AMASS provides a trading platform that supports MetaTrader 4 and MetaTrader 5, popular platforms known for their user-friendly interfaces and comprehensive trading tools. In addition to these, AMASS may offer a proprietary trading platform, although specific details about this platform are not extensively covered in available resources.

  The broker supports a web-based trading platform and has mobile applications available for both iOS and Android, allowing traders to manage their accounts and execute trades on the go.

  AMASS operates under an ECN (Electronic Communication Network) execution model, which is designed to provide direct market access and competitive pricing. The company claims to have invested in robust server infrastructure to ensure fast and reliable trade execution, although specific details regarding server locations and technology are not provided.

  Additionally, AMASS appears to support API access for automated trading, catering to traders looking for algorithmic trading solutions.

  

5. Account Types and Trading Conditions

  AMASS offers various account types to cater to different trading needs, including:

  • Standard Accounts: Typically require a minimum deposit, though specific amounts are not disclosed. The account features competitive spreads and may involve commission fees.
  • Advanced Account Types: These may include VIP or professional accounts with enhanced features and potentially lower trading costs.
  • Special Accounts: Information about Islamic accounts or corporate accounts is not explicitly mentioned in available resources.
  • Demo Accounts: AMASS provides a demo account option, allowing traders to practice without financial risk.

  The broker offers leverage ratios that vary by product, but specific details regarding these ratios are not outlined. The minimum trade sizes and overnight financing fees are also not clearly stated.

  

6. Fund Management

  AMASS supports multiple deposit methods, including:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets

  The minimum deposit requirements may vary by account type, but specific amounts are not disclosed.

  Deposit processing times are reportedly swift, although exact timeframes are not specified. The broker claims to have no deposit fees, which is an attractive feature for many traders.

  Withdrawal methods include the same options as deposits, but details regarding withdrawal limits and processing times are not clearly defined. Additionally, the fee structure for withdrawals remains unspecified, which may raise concerns for potential clients.

  

7. Customer Support and Educational Resources

  AMASS provides customer support through several channels:

  • Email
  • Phone
  • Online Chat
  • Social Media

  The support service operates during business hours, but specific time zones and coverage are not mentioned.

  The broker offers support in multiple languages, although the exact languages available are not listed.

  For educational resources, AMASS provides various materials, including:

  • Webinars
  • Tutorials
  • E-books

  Market analysis services are also available, featuring daily analyses, news updates, and research reports, which can assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  AMASS primarily serves clients in North America, particularly the United States and Canada. The company has a presence in various regions but does not provide specific details about its regional offices.

  However, it is important to note that AMASS does not accept clients from certain countries, although specific restrictions are not detailed in available resources.

  In summary, while AMASS presents itself as a comprehensive trading platform with a wide range of products and services, potential clients should exercise caution due to the lack of clear regulatory oversight and transparency in certain operational aspects. It is advisable for traders to conduct thorough due diligence before engaging with the broker.

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Amass Forex Broker has an overall rating of 1.28, Regulatory Index 0.00, License Index 0.00, Business Index 5.23, Software Index 4.00 Risk Control Index 0.00.