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AMBRY Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

AMBRY Broker Review

1.50

WikiFX monitor

Business

Influence E

License

No license

AMBRY Review 1

Latest All(1) Exposure(1)
Exposure
Ask for another deposit and designated lots when I wanna withdraw funds.

After I met their requirement, they asked for 30% as a tax

Jerry B
2021-05-26

  

Ambry 2025 Review: Everything You Need to Know

  Ambry, a Hong Kong-based forex broker established in 2020, has garnered significant attention in the trading community. However, a closer look reveals a plethora of concerns regarding its legitimacy and user experience. Notably, the broker operates on the MetaTrader 4 platform, which is widely recognized but lacks certain modern security features. This review aims to dissect the strengths and weaknesses of Ambry based on various user experiences and expert opinions.

  Note: It is crucial to highlight that Ambry operates under different entities across regions, which may affect user experiences and regulatory oversight. This review employs a comprehensive approach to ensure fairness and accuracy in evaluating the broker.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Experience 4
Trustworthiness 1
User Experience 2

  How We Rate Brokers: Our rating system considers user feedback, expert analysis, and factual data related to the broker's offerings.

  

Broker Overview

  Ambry Trading Co., Limited, established in 2020, operates out of Hong Kong and primarily offers forex trading services. The broker utilizes the MetaTrader 4 platform, a popular choice among traders for its customizable interface and extensive analytical tools. However, Ambry's lack of regulatory oversight raises red flags regarding its trustworthiness. According to various sources, including WikiFX, Ambry has not been found to be regulated by any relevant financial authority, which is a significant concern for potential traders.

  

Detailed Breakdown

  •   Regulatory Geographies/Regions:

      Ambry is based in Hong Kong but lacks any significant regulatory licenses. This absence of regulation exposes traders to higher risks, as they may not have legal recourse in case of disputes or issues with fund withdrawals.

  •   Deposit/Withdrawal Currencies:

      While specific details about supported currencies are scarce, traders typically expect to use major fiat currencies for deposits and withdrawals. However, the lack of clear information on this aspect raises concerns.

  •   Minimum Deposit:

      Information regarding the minimum deposit required to open an account with Ambry is not readily available, which can deter potential clients who prefer transparency.

  •   Bonuses/Promotions:

      The search results did not indicate any active promotions or bonuses offered by Ambry, further suggesting a lack of competitive features that many traders look for in a broker.

  •   Tradeable Asset Classes:

      Ambry primarily focuses on forex trading, but the absence of detailed information about additional asset classes limits its appeal to traders looking for diversification.

  •   Costs (Spreads, Fees, Commissions):

      Users have reported high costs associated with trading on Ambry, including spreads and potential hidden fees. This lack of clarity regarding costs can lead to unexpected expenses for traders.

  •   Leverage:

      The maximum leverage offered by Ambry is not specified in the available reviews, which is a critical factor for traders looking to maximize their trading potential.

  •   Allowed Trading Platforms:

      Ambry exclusively offers the MetaTrader 4 platform, which, while popular, is considered outdated compared to newer platforms that offer enhanced security features and user interfaces.

  •   Restricted Regions:

      There is no clear information on which regions Ambry may restrict access to, but the lack of regulatory oversight suggests that it could be risky for traders in certain jurisdictions.

  •   Available Customer Service Languages:

      Ambry's customer service is primarily offered in English. However, reports indicate that customer support is lacking, with long response times and limited channels for assistance.

      

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    Repeated Ratings Overview

    Category Rating (out of 10)
    Account Conditions 2
    Tools and Resources 3
    Customer Service and Support 1
    Trading Experience 4
    Trustworthiness 1
    User Experience 2

      

    Detailed Analysis of Ratings

    •   Account Conditions (2/10): The absence of clear information regarding minimum deposits and account types makes it difficult for potential users to evaluate whether Ambry meets their trading needs.

    •   Tools and Resources (3/10): While the MetaTrader 4 platform provides some analytical tools, the overall lack of educational resources or additional trading tools is a drawback.

    •   Customer Service and Support (1/10): User reviews indicate a significant lack of responsiveness from customer service, with many reporting unreturned emails and difficulties in withdrawing funds.

    •   Trading Experience (4/10): The trading experience on MetaTrader 4 is generally positive, but the outdated platform and security concerns diminish its overall effectiveness.

    •   Trustworthiness (1/10): The lack of regulatory oversight and numerous user complaints regarding withdrawal issues severely undermine Ambry's credibility as a broker.

    •   User Experience (2/10): Overall user experiences are mixed, with many expressing frustration over customer service and withdrawal processes, leading to a generally negative sentiment about the broker.

      In conclusion, the Ambry review highlights significant concerns regarding the broker's legitimacy, customer service, and overall trading conditions. Potential traders should exercise caution and consider alternatives with better regulatory oversight and user experiences.

AMBRY review