About AMELOK
Company Overview
AMELOK is an online trading firm registered in the United Kingdom, established on 18 September 2019. The company presents itself as a provider of leveraged trading services across multiple asset classes. However, as of the time of this review, AMELOK does not hold any known regulatory licences from major financial authorities.
The absence of regulatory oversight is a significant factor for any potential client to consider. Unregulated brokers operate without the mandatory safeguards that licensed entities must provide, such as investor compensation schemes and strict operational standards. This places a greater burden on the trader to conduct thorough due diligence before committing funds.
Account Types and Requirements
AMELOK advertises three account tiers with exceptionally high minimum deposit requirements. The ELEMENTARY account requires a minimum deposit of $500 and offers a maximum leverage of 200:1. The STANDART account requires $10,000 with the same maximum leverage. The VIP account demands a deposit of $100,000 and provides leverage limits up to 300:1.
These high entry thresholds distinguish AMELOK from many retail brokers that cater to smaller traders. The structure suggests the broker may target high-net-worth individuals or professional clients. However, without regulatory backing, the financial risks associated with such high leveraging and large deposits remain pronounced.
Trading Instruments
The broker lists its available trading instruments as Energy, stocks, indices, and raw materials. This is a relatively narrow product offering compared to multi-asset competitors. Notably absent are forex currency pairs and cryptocurrencies, which are commonly offered by similar brokers.
While the selection may appeal to traders focused specifically on these markets, it limits diversification opportunities. The specific raw materials and energy products are not detailed, and no further breakdown of stock or index CFDs is provided in the available information.
Regulatory Status
The most critical aspect of AMELOK's profile is its complete lack of disclosed regulatory licences. Our records show no registration with any major financial regulator such as the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or any other recognised body.
An unregulated status means there is no independent oversight of the broker's operations, client fund segregation, or complaint resolution. Traders have no recourse to a regulator if disputes arise. This regulatory vacuum is a material risk factor that effectively places all responsibility on the individual client.
Risk Considerations
Combining high leverage, no regulation, and high minimum deposits creates a particularly risky proposition. Leverage of up to 300:1 can amplify both gains and losses dramatically, and without regulatory limits on margin practices, clients could face rapid account depletion.
Furthermore, the lack of client fund segregation guarantees means that in the event of the broker's insolvency, client assets may be treated as part of the company's general estate. FXCanary's Scam Risk Score of 48/100 (Guarded) reflects these concerns and suggests caution.
Overview compiled by FXCanary from regulatory records and public data. full AMELOK review