The Official Website Of Amrica Fx Trade Cannot Be Accessed Normally At This Time. The Company Appears To Have Closed Down. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-10 Malta MFSA Adds Amrica Fx Trade To The Warning List
On 10 June 2022, The Malta Financial Services Authority (MFSA) Issued A Warning: Amrica Fx Trade Is Not A Registered Company In Malta And Has Not Obtained A License From The MFSA To Operate Or Otherwise Authorize The Provision Of Investment Services Or Other Financial Services Under Maltese Law. You Can Visit The Following Website For Details: Https://www.mfsa.mt/news-item/mfsa-warning-amrica-fx-trade-unlicensed-entity/
2022-07-18 Our Review Confirms That Amrica Fx Trade Is An Unregulated FX Broker
Amrica Fx Trade Claims To Be A Reliable Broker With Several Regulations, Including:
1) "US Financial Services Authority";
2) Malta Financial Services Authority (MFSA);
3) UK Financial Conduct Authority (UK FCA);
4) German Federal Financial Supervisory Authority (BaFin);
5) France Autorité Des Marchés Financiers (AMF);
6) Italy Commissione Nazionale Per Le Società E La Borsa (CONSOB).
First, The "US Financial Services Authority" Is Not A Real Regulator. The Authority That Regulates FX Activities In The United States Is The National Futures Association (NFA).
Furthermore, We Did Not Find Any Results Matching This Trader In Either The FCA, BaFin, AMF, Or CONSOB. This Means That Amrica Fx Trade Is Not Regulated By The Four Aforementioned Regulators In Order To Provide Financial Services.
However, We Found In The MFSA A Warning Issued By This Regulator In Relation To Amrica Fx Trade. The MFSA Warns The Public That Amrica Fx Trade Is Not A Registered Company In Malta, Nor Is It Licensed By The MFSA To Operate Under Maltese Law Or Otherwise Authorized To Provide Investment Services Or Other Financial Services.
The Fact Is That Amrica Fx Trade Is Not Regulated By Any Regulatory Authority. It Is Not Safe For This Broker To Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Broker.
Since It Is Now Impossible To Access The Broker's Website, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That Amrica Fx Trade Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Amrica Fx Trade As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
