Make sure you stay away from this broker as it is anonymous and may disappear at any time without warning. We do not recommend trading with Amenda Markets as this broker was suspected of being a scam. In general, the FCA advises investors not to invest with this broker.
Any Amenda Markets reviews will not only answer the question of whether the broker is licensed or not but will also give some insight into the regulatory body and point out if the license is top tier or not. If Amenda Markets is a no-withdrawal broker, most likely there is a problem with their license.
Don’t just because Amenda Markets is legal, because it has a friendly chatbot that greets you the first time you visit the site, or because the broker has given you a lot of attention in the first few weeks. If Amenda Markets tries to keep your funds, it may try to force you to make another transaction when you request a withdrawal.
Submit your Amenda Markets broker review and help other traders choose the right broker. Use this review to guide your trading decisions and also do your due diligence on Amenda Markets.
Amenda Markets can inflict huge losses on his clients and therefore, in our opinion, is a potential scammer.
If you have been contacted by a scammer, please visit our contact page. If you lose your investment in the Amenda Markets scam, you can use the chatbot to contact us. If you have already lost money from your broker without withdrawing money, please contact us for advice. You are not allowed to withdraw funds from your account. These are some warning signs for troubled brokers.
Compared with many other brokers, the trading tools available on the Amenda Markets platform are relatively limited. The distribution information on the official website of Amenda Markets is not fully disclosed.
There are also no expected spreads and it is impossible to calculate the cost of trading with this broker. When browsing Amenda Markets, the main problem was that the broker did not provide his physical address in the contacts section. They may also say that local taxes require them to charge certain withdrawal fees. They can also provide benefits such as low commissions or spreads for high-volume traders. We advise all investors and traders to avoid Amenda Markets and other Vanuatu brokers. A number of unregulated brokers like Amenda Markets have been reported to cheat people. Therefore, we recommend that you report fraud and submit a review to Amenda Markets as the first step towards getting your funds back. Amenda Markets’s license check can be the key to understanding why they are not releasing your funds.
For further reading, please see Amenda Markets: complaints