AMRK Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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The money ($2313.79) that I decided to put in this broker, I realized that it was just a scam very late. When suddenly I earned too much in one day, and when I went to withdraw pomm, everything was lost.
Summary: The AMRK review reveals a concerning picture of this forex broker, with significant red flags regarding regulation, user experiences, and overall trustworthiness. Users have reported issues with withdrawals and a lack of regulatory oversight, raising questions about the safety of trading with AMRK.
Note: It is essential to recognize that different entities may operate under the AMRK name across various regions, which can complicate the regulatory landscape and user experiences. This review synthesizes findings from multiple sources to ensure fairness and accuracy.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 3 |
| Tools and Resources | 4 |
| Customer Service and Support | 2 |
| Trading Setup (Experience) | 3 |
| Trustworthiness | 1 |
| User Experience | 2 |
We evaluate brokers based on extensive research and user feedback to provide a balanced view.
Founded in 1965, AMRK Precious Metals, Inc. operates as a precious metals trading company with a focus on wholesale sales and direct-to-consumer services. The broker is known for its operations in multiple regions, including the United States, North America, Europe, Asia Pacific, Africa, and Australia. It offers a variety of trading platforms, including MT4 and MT5, and provides access to various asset classes, particularly precious metals. However, the broker lacks valid regulatory oversight from top-tier authorities, which raises significant concerns about its reliability.
AMRK operates in a complex regulatory environment, with no valid regulatory information available. According to a report from WikiFX, AMRK has been flagged for operating without proper regulation, which poses a high risk to traders. The absence of oversight from reputable regulators such as the SEC or FCA is a significant red flag, as it indicates a lack of accountability and protection for users (source).
Users have reported mixed experiences regarding deposits and withdrawals. While the broker allows various funding methods, including credit cards and bank transfers, there are complaints about delayed withdrawal requests. Some users have experienced waits of up to five days, which is notably longer than industry standards. This delay can create frustration and mistrust among traders, as timely access to funds is crucial in trading environments.
The minimum deposit requirements are relatively high compared to other brokers, which can deter potential users. While specific promotional offers were not highlighted in the reviews, the lack of transparency regarding bonuses and promotions further complicates the user experience.
AMRK primarily focuses on precious metals, including gold and silver. The broker's cost structure, including spreads and commissions, is not clearly outlined in the available reviews, making it challenging for potential traders to assess the overall cost of trading with AMRK. The absence of detailed cost information can lead to unexpected expenses for users.
AMRK provides access to popular trading platforms like MT4 and MT5, which are known for their robust features and usability. However, the overall trading experience has received low ratings due to issues such as platform stability and the availability of analytical tools. Users have expressed dissatisfaction with the tools provided for market analysis, which are essential for informed trading decisions.
Customer service appears to be a significant area of concern for AMRK. Users have reported difficulties in reaching customer support, with many complaints indicating that their inquiries went unanswered. This lack of responsiveness can be detrimental to traders who require timely assistance, especially during critical trading moments.
AMRK operates across various regions, but the lack of clear information about regional restrictions can confuse potential users. Traders in certain jurisdictions may face limitations on their ability to open accounts or trade specific instruments, which should be clearly communicated by the broker.
While AMRK serves a global audience, the available customer service languages are not well-documented in the reviews. This lack of clarity can hinder communication for non-English speakers, further complicating the user experience.
The account conditions offered by AMRK are subpar, with high minimum deposits and unclear promotional offers. This can deter new traders from engaging with the platform.
While AMRK provides access to popular trading platforms, the lack of comprehensive analytical tools and resources limits traders' ability to make informed decisions.
The customer service experience has been heavily criticized, with reports of unresponsive support and long wait times for assistance.
Users have reported issues with platform stability and overall trading experience, leading to a frustrating environment for traders.
The lack of regulatory oversight and numerous complaints regarding withdrawals and customer service raise significant concerns about AMRK's trustworthiness.
Overall user experiences have been negative, with many traders expressing dissatisfaction with the platform's reliability and support.
In conclusion, the AMRK review reveals significant concerns regarding the broker's reliability and user experience. Potential traders should exercise caution and consider these factors before engaging with AMRK.
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