Amcor

Amcor is a forex and CFD broker registered in the United States, with an official launch date of August 9, 2021. The broker operates through the website fxamcor.com, offering trading services in foreign exchange, commodities, and contracts for difference (CFDs). According to our records, Amcor targets individual traders seeking leveraged exposure to global financial markets. The broker's relatively recent establishment and limited public footprint make it a lesser-known entity in the retail trading space.

A critical aspect of any broker assessment is its regulatory standing. Our records indicate that Amcor does not hold any recognised regulatory licences from major financial authorities such as the US Commodity Futures Trading Commission (CFTC), the Financial Conduct Authority (FCA), or the Cyprus Securities and Exchange Commission (CySEC). This absence of regulatory oversight means that traders do not benefit from standard investor protection schemes, such as negative balance protection or access to dispute resolution services. The lack of regulation is a significant risk factor that traders must weigh carefully before considering this broker.

Amcor offers two distinct account types: the Professional Account and the Standard Account. Both account types share a minimum deposit requirement of $1,000 and a maximum leverage of 300:1. The high leverage available is a double-edged sword, as it can amplify profits but also exposes traders to substantial losses. The $1,000 minimum deposit is relatively high compared to some retail brokers, potentially limiting accessibility for smaller traders. There is no information available regarding other account features such as spreads, commissions, or available base currencies.

The broker provides access to trading instruments across three asset classes: foreign exchange, commodities, and CFDs. The specific number of currency pairs, commodity contracts, or CFD instruments is not detailed in our records. Additionally, no information is available regarding the trading platform(s) offered, such as MetaTrader 4/5 or a proprietary web-based solution. The lack of platform specification makes it difficult for traders to assess the suitability of the broker for their trading style or technical requirements.

As an unregulated broker with a high leverage offering, Amcor carries a substantial risk profile. Our internal FXCanary Scam Risk Score for Amcor stands at 75 out of 100, categorising it as a severe risk. This score reflects the combination of regulatory absence, limited transparency, and the aggressive leverage terms. Traders considering Amcor should conduct thorough due diligence, including verifying any additional claims directly with the broker, and be prepared for the potential lack of recourse in case of disputes or financial difficulties.