About AmazingTick
Company Background and Registration
AmazingTick is a trading name operated by Amazingtick Limited, a company incorporated under the laws of the Marshall Islands with registration number 122579. Its registered address is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH 96960. The broker is also associated with Rupex Limited, a company incorporated in Saint Vincent and the Grenadines (number 25397 BC 2019).
Established in 2019, AmazingTick presents itself as an online trading provider offering access to multiple financial markets. However, its regulatory status is a critical concern: the broker holds no valid licenses from any recognized financial authority. Both the Marshall Islands and Saint Vincent and the Grenadines are jurisdictions known for minimal regulatory oversight, which raises significant red flags for traders seeking protection.
Regulatory and Risk Considerations
AmazingTick currently has no valid regulations. This means that traders are not covered by any investor compensation schemes or dispute resolution mechanisms typically provided by regulated brokers. The absence of regulation is a major risk factor, as it leaves clients with limited recourse in cases of dispute, fraud, or platform failure.
FXCanary's Scam Risk Score for AmazingTick is 75 out of 100 (Severe), reflecting the high probability of risk due to the lack of oversight. Traders are strongly advised to exercise extreme caution and consider the potential for total loss of capital before engaging with this broker.
Account Types and Trading Conditions
The broker offers two account tiers: Standard and Professional. Unfortunately, no specific details regarding minimum deposit, leverage, spreads, or commissions are publicly disclosed. This lack of transparency makes it difficult for traders to assess the cost of trading or compare conditions with other brokers.
It is unclear what criteria differentiate the Professional account from the Standard one, or whether any additional features or benefits are attached. The absence of clear information suggests that potential clients must contact the broker directly to obtain these details, which may be a barrier to due diligence.
Trading Instruments and Platforms
AmazingTick states that it offers trading in Forex, Metals, Indices, and Commodities—a standard range for retail CFD brokers. However, the exact number of instruments or specific asset classes is not detailed on the website.
There is no mention of the trading platform(s) used, such as MetaTrader 4/5 or proprietary software. This omission is notable, as platform choice and stability are key considerations for active traders. Without this information, it is difficult to assess the broker's technological infrastructure.
Deposits, Withdrawals, and Client Support
AmazingTick does not provide information on accepted payment methods, transaction fees, or processing times for deposits and withdrawals. Similarly, the website lacks details about customer support channels, such as live chat, email, or phone availability.
The broker's website has a Japanese language version, which may indicate a focus on Japanese-speaking clients. However, the absence of multilingual support or clear contact information limits accessibility for international traders. Transparency in financial operations is a basic expectation that AmazingTick fails to meet.
Target Audience and Geographical Restrictions
Based on the website content, AmazingTick appears to target retail traders interested in leveraged trading, particularly those in Japanese-speaking regions. However, the broker explicitly states that it does not offer services to residents of the USA, Iran, Cuba, Sudan, Syria, and North Korea. This suggests compliance with some international sanctions but does not extend to adequate regulation.
For traders in jurisdictions with strict regulatory frameworks, the lack of licensing may render the use of this broker prohibited or highly risky. The broker's unrestricted registration allows it to market globally, but this also means it may operate in regulatory gray areas.
Overview compiled by FXCanary from regulatory records and public data. full AmazingTick review