Score

1.14 /10
Danger

Amass

United States

1-2 years

Suspicious Regulatory License

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index4.18

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Amass · Company summary
Category Information
Company Name Amass Limited LLC
Registered Country United States
Founded Year 2022
Regulation No Regulation
Tradable Assets Stocks, Cryptocurrencies, Forex, Commodities, ETFs, CFDs, Binary Options, Liquidity Pools
Account Types Demo Account Available
Trading Platforms AMASS All-in-One Platform
Demo Account Available
Customer Support Email: support@amassfintech.com; Location: 1630 Welton Street Suite 201, Denver, CO 80202
Deposit & Withdrawal Electronic Wallets - funds can be transferred using a wallet address
Educational Resources News Feed, In-house Research Reports

Overview of Amass

Amass Limited LLC, which was established in 2022 and is based in the United States, operates as a modern financial brokerage lacking formal regulatory compliance. Amass provides stocks, cryptocurrencies, forex, commodities, ETFs, CFDs, binary options, and liquidity pools. It appeals to all levels of traders through its all-in-one trading platform that accommodates multiple financial markets.

Overview of Amass

Pros and Cons

Amass offers stocks,forex options, and cryptocurrencies, providing traders with a wealth of trading opportunities. Traders also benefit from the ability to access major global exchanges, high-quality liquidity pools for improved price stability, and a simplified transaction process that enhances the user experience.

However, the lack of regulatory oversight stands as a primary concern. The platform's ambiguity about account types and trading fees could potentially hinder the ability to make fully informed trading decisions. Furthermore, the absence of traditional payment methods and lack of immediate customer support options like phone or live chat could limit accessibility and convenience for some users.

Pros Cons
  • Diverse market instruments across stocks, forex, cryptocurrencies, and more
  • No regulation
  • Access to major global exchanges and a wide range of trading pairs
  • Lack of transparency of account types
  • High-quality liquidity pools
  • Obscurity regarding trading fees
  • Simplified transaction process
  • No conventional payment methods like bank transfer and credit cards
  • Educational news updates
  • No phone support or online live chat

Is Amass legit or a scam?

Amass operates without any formal regulatory framework. The absence of oversight from a recognized financial authority indicates considerable risks.

Is Amass legit or a scam?

Products

  • Stocks: Access to major global exchanges such as NYSE, NASDAQ, TSE, LSE, and HKSE.

  • Cryptocurrencies: Over 500 trading pairs available, featuring advanced security and integration options like wallet swaps and liquidity pools.

  • Forex: More than 100 currency pairs with competitive spreads, leveraging interbank market rates.

  • Commodities: Futures trading across agriculture, precious metals, and energy sectors.

  • ETFs: Options to trade on top-performing ETFs.

  • CFDs: Trading on margin across various asset classes.

  • Binary Options: Low fee options trading with additional features like Copy Trade and Smart Portfolio.

  • Liquidity Pools: Designed to offer low price gaps and fast execution through high-quality order filtration.

Products

How to Open an Account with Amass

  1. Register Your Account: Initiate your engagement with Amass by registering on their platform and providing your basic information to create a new account.

  2. Start Earning: After registration, explore and utilize the numerous trading tools and financial resources Amass offers to begin your trading journey.

  3. KYC Verification: Finalize your account setup by completing the Know Your Customer (KYC) process, which involves submitting a government-issued ID, verifying your phone number, and providing a proof of address.

  4. Engage in Trading: With all verifications complete, you are ready to trade various assets available on Amass, leveraging the platforms comprehensive features.

How to Open an Account with Amass

Trading Platform

Amass Limited LLC offers traders an all-in-one trading platform. This comprehensive suite includes various financial products such as stocks, cryptocurrencies, forex, commodities, ETFs, CFDs, binary options, and liquidity pools. It is equipped with smart tools for portfolio management and optimization, along with detailed research reports and analyses to help traders make informed decisions and improve their trading strategies.

Trading Platform

Trading Tools

Amass's Trading Simulator offers a Trading Simulator for testing trading strategies with real market data. This feature supports traders in honing their skills and tactics. Furthermore, the platform includes an Economic Calendar from Investing.com, which is instrumental for traders who need to keep abreast of important economic events that could impact the markets.

Trading Tools

Deposit & Withdrawal

Amass facilitates its financial transactions through a variety of modern electronic wallets, which are known for their efficiency and simplicity. To make a deposit or withdrawal, users only need to provide their wallet address, the amount they wish to transfer, and confirm the transaction.

Key points about the deposit and withdrawal system include:

  • Fast and Efficient: Transactions through electronic wallets are quick, making funds available without unnecessary delays.

  • Simple Process: The requirement of just a wallet address and confirmation for transactions simplifies the deposit and withdrawal process.

  • Safety and Security: High standards of security ensure that all transactions are protected against potential threats.

Deposit & Withdrawal

Customer Support

Address: 1630 Welton Street, Suite 201, Denver CO 80202

Email: support@amassfintech.com

Educational Resources

Amass offers a real-time news feed that provides the latest market news and essential information directly on the platform, eliminating the need for external news sources. Furthermore, Amass provides detailed in-house research reports covering a wide range of topics, from micro and macroeconomic updates to comprehensive market analysis and sector breakdowns.

Educational Resources

Conclusion

Amass Limited LLC, established in 2022 and based in the U.S., provides a comprehensive trading platform with various assets like stocks, cryptocurrencies, and forex. The platform's strengths include access to significant global exchanges and quality liquidity pools for price stability. Nonetheless, the absence of regulatory oversight could pose risks for users. The lack of clear information on fees and account types, along with limited payment options and customer support, could also hinder its overall usability and attractiveness to potential clients.

FAQs

Q: What assets are available for trading at Amass?

A: You can trade stocks, cryptocurrencies, forex, commodities, ETFs, CFDs, and binary options with Amass.

Q: Does Amass operate under regulatory oversight?

A: No, Amass is not regulated.

Q: What trading platforms are available at Amass?

A: Amass offers a comprehensive all-in-one trading platform that accommodates various asset types.

Q: Can I use a demo account at Amass?

A: Yes, there is a demo account available at Amass that allows for risk-free trading practice.

Q: How do I handle deposits and withdrawals at Amass?

A: You can perform deposits and withdrawals using electronic wallets by providing your wallet address.

Q: What type of support does Amass offer to its clients?

A: Amass provides support through email, though it lacks immediate contact options like phone and live chat.

Q: Are there educational materials available at Amass?

A: Yes, Amass offers educational resources such as a real-time news feed and detailed research reports.

Risk Warning

Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

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