ANSWER Dear Investor,
Amxer Markets is completely unregulated and is suspected to be a fraudulent broker platform. It has not provided any verifiable regulatory information, merely claiming to be registered in Saint Lucia.
Although we did find the claimed entity, Amxer Markets Limited, in the registry of Saint Lucia International Financial Centre(IFC), we must remind you that this registration merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. The IFC neither regulates nor licenses forex trading activities. In reality, Amxer Markets has no substantive regulatory oversight and holds no valid licenses, making it highly likely to be engaged in fraudulent activities.
Therefore, we advise you to avoid making any further deposits with this broker. If you are experiencing withdrawal issues, we recommend collecting relevant evidence promptly to take legal action.
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