Amead Ltd. is a forex and CFD broker that claims to offer a variety of trading products and services. However, there are a number of red flags that suggest that Amead Ltd. is a scam broker.
Company Overview
Amead Ltd. is a company registered in the Seychelles. The company does not have any legitimate licenses or regulations. This means that Amead Ltd. is not subject to any oversight or regulation, which makes it a very risky broker to trade with.
Does Amead Ltd. Have Any License?
No, this company does not have any license to offer financial services. The company is not regulated by any financial authority, including the Financial Conduct Authority (FCA) in the UK, the Securities and Exchange Commission (SEC) in the US, or the Australian Securities and Investments Commission (ASIC).
Is Amead Ltd. Regulated By Any Authority?
No, It is not regulated by any authority. The company claims to be regulated by the Seychelles Financial Services Authority (FSA), but this is not true. The FSA has no record of AmeadLtd. being licensed or regulated.
Amead Ltd. Pros and Cons
Pros:
- Amead Ltd.offers a variety of trading products, including forex, CFDs, and cryptocurrencies.
- The company has a user-friendly trading platform.
- Theyoffers a demo account so that you can try out the platform before you start trading with real money.
Cons
- Amead Ltd. is not regulated by any financial authority.
- The company has a history of complaints from users who have lost money.
- It has been accused of being a scam broker.
How Does Amead Ltd. Reach To Their Prey?
AmeadLtd. targets unsuspecting investors through a variety of channels, including:
- Online ads
- Social media
- Cold calls
The company often makes false promises of high returns and easy profits. Once you sign up for an account, AmeadLtd. will pressure you to deposit more money. They will also use a variety of tactics to prevent you from withdrawing your money, such as charging high fees and making it difficult to reach customer support.
Technical Details
Minimum Deposit:
The minimum deposit to open an account with Amead Ltd. is $250.
Trading Platform:
Amead Ltd. uses the MetaTrader 4 (MT4) trading platform. MT4 is a popular platform that is used by many forex brokers. However, it is important to note that MT4 is not regulated, which means that there is no guarantee that your funds are safe if you trade with Amead Ltd.
Spread:
The spread is the difference between the buy price and the sell price of a currency pair. The spread is how a broker makes money. Amead Ltd.’s spreads are typically wider than those of regulated brokers. This means that you will pay more to trade with Amead Ltd.
Leverages:
Amead Ltd. offers leverage up to 1:500. This means that you can control a position size that is 500 times your initial deposit. However, it is important to note that leverage is a double-edged sword. It can magnify your profits, but it can also magnify your losses.
Packages and Products They Offer
Amead Ltd. offers a variety of trading packages, including:
The Starter Package: This package is for beginners and offers a minimum deposit of $250.
The Classic Package: This package is for experienced traders and offers a minimum deposit of $500.
The VIP Package: This package is for high-volume traders and offers a minimum deposit of $10,000.
They also offers a variety of products, including:
- Forex trading
- CFD trading
- Cryptocurrencies
- Withdrawal and Deposit Method
AmeadLtd. offers a variety of withdrawal and deposit methods, including:
- Credit cards
- Debit cards
- Bank transfers
- Cryptocurrency
However, it is important to note that Amead Ltd. has a history of delaying or refusing withdrawals. This is another red flag that suggests that Amead Ltd. is a scam broker.
What Do Their Previous Traders Say?
There are a number of complaints about Amead Ltd. online. Former clients have accused the company of being a scam broker and of stealing their money. There are also a number of reports of Amead Ltd. refusing to allow withdrawals.
Summing Up: Why Should Not You Trust Amead Ltd.?
There are a number of reasons why you should not trust Amead Ltd.:
- The company is not regulated by any financial authority.
- The company has a history of complaints from users who have lost money.
- The company has been accused of being a scam broker.
- The company’s spreads are wider than those of regulated brokers.
- The company offers leverage up to 1:500, which is a high risk.
- The company has a history of delaying or refusing withdrawals.
If you are considering trading with Amead Ltd., I urge you to reconsider. There are many legitimate forex brokers out there that you can trade with. There is no need to risk your money with a scam broker like Amead Ltd.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money to AmeadLtd. or any other scam broker, there is still a chance that you can get your money back.
We are a team of experts who help people recover their money from scam brokers. We have a proven track record of success and we can help you get your money back. If you have lost money to Amead Ltd. or any other scam broker, please contact us today for a free consultation
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Final Thoughts
Amead Ltd. is a scam broker that should be avoided at all costs. If you are considering trading with AmeadLtd., we urge you to reconsider. There are many legitimate forex brokers out there that you can trade with. There is no need to risk your money with a scam broker like Amead Ltd
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