Brokers  /  Amalga

Amalga

High riskForex / CFD broker
🇸🇨 Seychelles · 2-5 years · since 2022-06-08 · AMG Markets Limited
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.47/10
Trustpilot/5
Forex Peace Army/5
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No sign that Amalga actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
52
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Seychelles (offshore, light oversight)
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)5010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameAMG Markets Limited
Headquarters🇸🇨 Seychelles
Founded2022-06-08
Years operating2-5 years
Employees0
Official websiteamalgamarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
House of Francis, Room 303, Ile du Port, Mahe, Seychelles

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Amalga is an unregulated broker registered in Seychelles with very limited public information. The FXCanary Scam Risk Score of 52/100 (Elevated) reflects the combination of a short operating history, lack of oversight, and scarce independent reviews. Traders should exercise extreme caution and consider only regulated alternatives.

Best for
  • Traders comfortable with high-risk, unregulated brokers
  • Short-term speculation without regulatory safeguards
Not for
  • Risk-averse investors
  • Traders requiring strong regulatory protection
  • Those seeking transparent fee structures
Period:

Real user reviews

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About Amalga

Company Overview

Amalga is a forex and CFD broker registered in Seychelles, operating under the domain amalgamarkets.com. The company was founded on June 8, 2022, and lists its registered address at House of Francis, Room 303, Ile du Port, Mahe, Seychelles.

As a relatively new entity, Amalga has limited public operating history. Its presence on social media platforms such as Facebook and LinkedIn indicates an effort to establish an online footprint, though independent verification of its activities remains scarce.

Regulation and Licensing

According to our records, Amalga does not hold any regulatory licences from recognised financial authorities. The broker is registered in Seychelles, a jurisdiction known for its flexible regulatory environment, which often imposes fewer oversight requirements on financial service providers.

The absence of regulation means that traders do not benefit from investor protection schemes, dispute resolution mechanisms, or mandatory capital adequacy standards. This lack of oversight is a significant factor in evaluating the broker's trustworthiness.

Account Types and Trading Platforms

Publicly available information on Amalga's account offerings is limited. Based on the broker's domain and industry norms, it is likely that the broker provides standard retail trading accounts, possibly including variable spreads and leverage options. However, specific details regarding minimum deposits, spreads, or leverage ratios are not confirmed from independent sources.

Trading platform options are also unverified. Many Seychelles-based brokers offer MetaTrader 4 or 5, but Amalga's exact platform choice remains unclear from the available data.

Instruments and Markets

As a forex and CFD broker, Amalga presumably offers trading in major and minor currency pairs, as well as contracts for difference on indices, commodities, and possibly cryptocurrencies. The full range of instruments is not disclosed in our records, and the broker's website does not appear to provide detailed product specifications to non-registered visitors.

Without transparent information, potential clients are advised to exercise caution and conduct thorough due diligence before committing funds.

Funding and Customer Support

Details on deposit and withdrawal methods for Amalga are not available from our sources. Brokers in Seychelles commonly accept bank transfers, credit/debit cards, and e-wallets, but this is speculative.

Customer support channels may include email, phone, and live chat, but we have not verified any contact information beyond the registered address. Given the low web confidence, traders should be prepared for potential communication challenges.

Overview compiled by FXCanary from regulatory records and public data. full Amalga review