Amxer Markets

Amxer Markets is a retail forex and CFD brokerage founded in 2024 (though its website claims founding in 2023) and registered in Saint Lucia. The company's official domain is amxermarkets.com, and its registered address is at the Top Floor, Rodney Court Building, Rodney Bay, St. Lucia. It operates without any known regulatory licenses, which is a significant factor for traders to consider.

The broker positions itself as a 'True ECN Broker' and offers trading services to retail clients globally. It claims to provide cutting-edge technology, tight spreads, and high leverage. However, the absence of regulation from a major financial authority means that client funds are not protected by any investor compensation scheme.

Amxer Markets has no regulatory licenses on file. The broker is registered in Saint Lucia, which is not a jurisdiction with stringent oversight for forex brokers. This lack of regulation exposes clients to higher risks, as there is no independent body to enforce fair trading practices or safeguard client funds.

Traders should be cautious when dealing with unregulated brokers, as they may not be subject to standard financial conduct rules. The FXCanary Scam Risk Score for Amxer Markets is 75 out of 100, indicating a severe risk level.

The broker offers four account types: Standard (minimum deposit $500), Premium (minimum deposit $100), Pro (minimum deposit $1,000), and PAMM (minimum deposit $1,000). All accounts have a maximum leverage of 1:100 according to the known facts, but the website advertises leverage up to 1:500. This discrepancy should be verified directly with the broker.

The minimum deposit requirements vary, with the Premium account having the lowest threshold at $100. The PAMM account is designed for investors who want to allocate funds to a professional money manager. Spreads are advertised from 0.0 pips, though actual spreads may depend on market conditions and account type.

Amxer Markets provides the MetaTrader 5 (MT5) platform, which is widely used for multi-asset trading. MT5 offers advanced charting, technical indicators, and support for automated trading through Expert Advisors (EAs). The platform is available for desktop, and the broker claims it delivers fast execution speeds of 90 ms.

The broker offers over 130 trading instruments, including forex pairs, indices, commodities, cryptocurrencies, and individual stocks. Specifically, it lists forex trading, indices such as the Dow Jones and S&P 500, commodities like gold and oil, and major US stocks like Amazon and Tesla. This range is typical for a multi-asset broker.

According to the broker's website, funding methods include bank wire transfer, credit cards, and Nette (likely Neteller). The broker aims to provide seamless and user-friendly deposit and withdrawal processes, though specific processing times and fees are not detailed on the site.

It is important to note that unregulated brokers may impose unexpected restrictions on withdrawals. Traders should review the broker's terms and conditions thoroughly before depositing funds.

Amxer Markets claims to offer 24/5 customer support via live chat, email (admin@amxermarkets.com), and a UK phone number (+44 7411574225). The broker also has a cashback program and an IB/Regional Representative program for affiliates.

The broker's website lists offices in Limassol, Cyprus and Gros-Islet, St. Lucia, though the registered address is only in St. Lucia. The company's global presence is highlighted with a list of target countries in the Middle East, Asia, and Europe.