Updated on April 16, 2024
Quick Links
In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding AMP Trading due to the issues we've identified.
Is AMP Trading Scam or Legit Broker? ▲
AMP Trading emerges as a highly questionable choice for traders seeking reliable brokerage services. The fundamental concern arises from its apparent lack of regulatory oversight. Despite claiming a base of operations in the UK, AMP Trading does not possess any form of licensing from the Financial Services Commission. This absence of regulatory accreditation places it in a precarious position, casting doubt on its legitimacy as a secure trading platform.
Registration and Licensing Deficiencies
AMP Trading has not secured registration or licensing, a red flag for potential clients. Operating without these essential credentials undermines the trust and safety typically associated with regulated entities.
Safety of Operations
Given the lack of registration, AMP Trading's operational safety is highly questionable. Engaging with this broker exposes traders to significant risks, lacking the protections afforded by recognized financial authorities.
Regulatory Warnings
The Financial Conduct Authority (FCA) of the UK has explicitly warned against dealings with AMP Trading, emphasizing its unauthorized status. Such warnings highlight the potential dangers associated with this broker, underscoring the importance of regulatory compliance for ensuring trader security.
AMP Trading purports to be a London-based brokerage, offering traders a broad spectrum of trading opportunities. It boasts of a diverse portfolio and the integration of the latest advancements in the trading arena. However, scrutiny reveals a discrepancy between its claims and the reality of its regulatory standing.
Brokerage Firm Description
Positioning itself as a conduit for global traders to access a variety of trading options, AMP Trading stresses its commitment to regulatory obligations and client protection. Yet, the lack of authorization from any reputable regulatory body starkly contradicts these assertions.
Regulatory Misrepresentation
AMP Trading's claims of regulation and oversight by the Financial Service Commission (FSC) and its supposed affiliation with AMP Prime Ltd are misleading. Investigations, including direct confirmations from the FCA, have unequivocally established that AMP Trading operates without the necessary authorization, casting serious doubts on its legitimacy and operational integrity.
FCA Warnings
The FCA's warnings serve as a crucial alert for potential clients, advising caution and vigilance. The absence of authorization means that AMP Trading's clients are deprived of crucial protections, such as those provided by the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS), in the event of disputes or financial losses.
In the realm of Forex trading, the selection of a broker is a critical decision that can significantly impact the safety and success of your trading activities. The investigation into AMP Trading reveals a concerning lack of regulatory compliance, casting a shadow over its reliability and the safety of trading with it. The absence of a license, combined with explicit warnings from reputable regulatory bodies like the FCA, underscores the risks associated with this broker.
Traders are urged to exercise caution and prioritize brokers that hold valid licenses from esteemed regulatory authorities, such as those in the UK or Australia. Engaging with regulated brokers not only enhances the security of your investments but also ensures access to recourse in the event of disputes. In light of these findings, we strongly advise against trading with AMP Trading and recommend conducting thorough due diligence when choosing a broker to safeguard your financial interests and trading aspirations.
When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.
AMP Trading Review 2024

Truth is bitter but the problem is a lot of people out there in the world chose not to accept the truth and not to tell themselves the truth. Note Note and Note that any Reliable Recovery company are profit oriented because they charge their clients which needs recovery services or help in order to raise funds used in maintaining and upgrading their software, tools, and for the management of the recovery company’s affairs. I was a crypto scammed victim and i was scammed over $49,400 of my trading capital and when my withdrawal was due so tried withdrawing my profits but the scammers kept demanding more more more and more money so i suspected that it was a scam then which pushed me to be searching for a recovery company service which I found a lady that added a review on a particular anti crypto scam site on the internet called Scam Doc… so the lady explained how she was scammed and how she got her scammed crypto funds back with the help of Charles Victim Help,
and she also add that she was charged before her scammed crypto funds was recovered and she also dropped the recovery personnel email id which I contacted immediately then and in few hours I got feedback from Mr Charles requesting I should accurately provide all the details of how I was scammed, the name of the crypto trading company that scammed me and how much I was scammed and the evidence of payment slips I made to those scammers and all that, so I provided Mr Charles with every informations he needed accurately then Mr Charles made trace with those informations i sent to him and in 24 hours Mr Charles replied me with the trace results details which showed that my funds is still possible and available for recovery that I shouldn’t wasted time at the moment that they will only need to upgrade my account from a basic account type to this TPM account type so that I can be able to make my withdrawals to my bank account or to my crypto wallet and Mr Charles told me that before they will do that, that I will have to pay a TPM upgrade charge fee of $835 , I was glad that the fee was lesser so i paid Mr Charles the TPM upgrade charge fee in that same day then in 48 hours my $49,400 was transferred to my Crypto wallet and I was so so surprised and in joyful condition to have my scammed funds back. Then I told my self I will not keep this testimony to my self that I have to share the Goodwill of Mr Charles to crypto scammed victims out there who need help to recover their scammed crypto funds back. If your a crypto scammed victim or your unable to withdraw your profits or even your trading capital or you sent your crypto funds to the wrong wallet, Charles victim help is the 100% option to recover your scammed crypto funds or to withdraw your profits or your trading capital or to recover your crypto funds sent to the wrong crypto wallet address and you can contact Charles Victim Help via his email id : charlesvictimhelp@outlook.com