ANSWER Dear Investor,
We strongly advise against engaging in any trading activities with AMCHUNKS.
According to its website, AMCHUNKS claims to be located in Cyprus. However, upon investigation, no matching information was found in the Cyprus Securities and Exchange Commission (CySEC), which raises serious doubts about its legitimacy.
Furthermore, the Financial Conduct Authority (FCA) has issued a warning against AMCHUNKS, indicating that this company might be providing financial services or products without proper authorization in the UK. The Comisión Nacional del Mercado de Valores (CNMV) also blacklisted AMCHUNKS.
In conclusion, AMCHUNKS displays several characteristics of a potential scam. We strongly recommend staying away from unregulated brokers to ensure the safety and security of your investments.
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