Amplixx Broker Review

Amplixx Broker Review – Amplixx.com Broker Scams Traders

The Amplixx broker is one that you read about on regulatory websites. Not in a good way. It was blacklisted in several European countries despite claiming it doesn’t operate there.

How else can a false claim be defined? Check out this honest review of Amplixx to find out more.

Please read our scam broker reviews for Tedex, Electrum, and Kiplar in addition to the previous one.

Status: offshore scam broker

Regulated by: No regulation or unlicensed trading company

Websites of scammers: Amplixx.com

Forex Trading Scam – Active

Scam listed by: CNMV / FSMA / Finanstilsynet / A-TVP

Owner of the broker: Amplixx LLC

Country of headquarters: Saint Vincent and the Grenadines

Year of foundation: 2021

Platforms for online trading: MetaTrader 5 (MT5)

MT5 Mobile App is available for mobile trading

Bonus on deposit: Available

Trading Crypto Assets: Not available

You can trade CFDs: Yes, you can

The following trading instruments are available: Forex (FX), commodities, indices, and shares.

Leverage maximum: 1:500

Islam Account: Available

Demo Accounts: No, only live accounts are available

US clients are not accepted: US traders are not accepted.

Scam Broker: Don’tDon’t Invest!

Amplixx Regulation – Important Things to Know

The Spanish regulator first mentioned Amplixx when it issued a mass warning against 12 websites, including ApexCrypt and LeumInvest. Amplixx LLC owns this brand from Saint Vincent and the Grenadines, which is itself a red flag.

The Caribbean island has no financial regulator, so the firm must get a license in its destination country.

What’s Wrong With A License? – Fake Broker

The company was incorporated in Saint Vincent and the Grenadines in December 2021. However, the Amplixx regulation is unaffected. According to FSA guidelines, this firm needed a license from the FCA, ASIC, BaFin, or any regulator under whose jurisdiction it operates.

Having never done so, we can conclude that this investment firm is just another offshore scheme.

Scammers such as Agartha Asset Management, FNPMarkets, and TriumphFX should also be avoided. Also, we would like to know about your experience with scams if possible.

Fake Rewards and Achievements – This is 100% Scammer

The Amplixx Forex company went the extra mile to convince you of its legitimacy. As a broker of the year, the broker received all kinds of rewards.

According to reports, the scam firm was awarded:

1. CFD Broker with the Best Performance in Europe in 2021
2. The best multi-asset trading platform in Europe for 2020
3. ECN Trading Platform Of 2020
4. The Global Banking & Finance Award for 2019

We might even believe it if we didn’t already know that the brand was founded in December 2021 and could not have won those awards before opening.

Warnings Against Amplixx Fraud

The Spanish regulator issued an official warning against Amplixx in response to many complaints about the company.

Official Warning Issued by CNMV – Evidence of Fraud

Amplixx provides unauthorized financial services, including Forex trading and financial advice, according to Spanish CNMV. Belgian FSMA, Norwegian Finanstilsynet, and Slovenian A-TVP republished the same notice later.

Where Is Amplixx Trading Scam Active?

The Amplixx trading scam claims not to operate in the EEA zone, the US, Canada, and several other regions but is mainly active in:

• Spain
• South Korea
• US

What to Do If You Fall For An Amplixx Scam?

Because Amplixx does not allow its clients to withdraw their money, we believe you will likely fall victim to the Amplixx scam. Also, this is a situation that requires immediate action.

Regulators have already blacklisted the firm, so it’s only a matter of time before they disappear with the money.

Let’s get your funds back before it’s too late by contacting us immediately!

You can also read our AlianceGroup.co Broker Review