Abstract:AMD is an Australian brokerage that has been around since 2017. The MT4 platform is utilized by the organization. Nevertheless, it is presently in an unusual regulatory condition. License number 001260285 was originally held by the Australian Securities and Investments Commission (ASIC), however that license has since been withdrawn.
Note: AMD's official website: https://www.amdforex.com/en/index/index.html
is currently inaccessible normally.
AMD is an Australian brokerage that has been around since 2017. The MT4 platform is utilized by the organization. Nevertheless, it is presently in an unusual regulatory condition. License number 001260285 was originally held by the Australian Securities and Investments Commission (ASIC), however that license has since been withdrawn.
Australia Securities & Investment Commission(ASIC) | |
Current Status | Suspicious Clone |
Regulated by | Australia |
License Type | Investment Advisory License |
License No. | 300133 |
Licensed Institution | ACCUMULUS CAPITAL PTY LTD |
Due to suspicions that the Australia ASIC regulation (license number: 300133) that AMS claims to hold is a clone, the broker is not regarded as legitimate. These techniques make one wonder how transparent the broker's business procedures are and how secure the funds are. Before you do business with this broker, please understand the risks involved.
Unavailable Website: Users are unable to access vital information and services due to the current downtime of AMD's main website.
Lack of Transparency: A lack of openness about AMD's inner workings and commercial dealings raises the stakes for investors and traders.
Regulatory Concerns: Traders face substantial risks due to AMD's operations being conducted without valid regulatory control, as its ASIC license has been terminated.
The word “exposure” was made up by users and shared on WikiFX.
Traders should get knowledge and think about the risks before they trade on unregulated platforms. We encourage you to look around our platform for any useful information. Please let us know about any cases of shady brokers in our Exposure section. We will do everything we can to address your issues. Right now, we don't know how much AMD exposure there is.
Because there is no regulation, there are problems with accessibility on the website, and there is a lack of transparency, trading with AMD is considered to be risky. Users are strongly encouraged to select regulated brokers who perform their business in an open and honest manner in order to guarantee the safety and security of their assets.
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