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Amxer Markets
Operating status: SCAM
Website: https://amxermarkets.com/
Broker violations and abnormal records
Amxer Markets claims to be an ECN/STP Forex broker registered in St. Lucia. However, a company registration alone does not equate to a financial regulator's license. Moreover, St. Lucia does not license forex trading activities. Being an offshore jurisdiction, St. Lucia offers minimal protection for investors. Without any other valid licenses to prove that Amxer Markets is under proper supervision, there is no assurance of the broker's compliance.
In essence, Amxer Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Amxer Markets appears to be a scam.
Amxer Markets claims to be an ECN/STP Forex broker registered in St. Lucia. However, a company registration alone does not equate to a financial regulator's license. Moreover, St. Lucia does not license forex trading activities. Being an offshore jurisdiction, St. Lucia offers minimal protection for investors. Without any other valid licenses to prove that Amxer Markets is under proper supervision, there is no assurance of the broker's compliance.In essence, Amxer Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Amxer Markets appears to be a scam.
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