Is Amillex Safe or a Scam? A Detailed 2025 Safety Review

When looking at Amillex, the answer isn't simply “yes” or “no.” This broker works in a complicated gray area. It's not a complete scam like fake companies that only exist to steal money. However, it doesn't meet the high safety standards that top-quality, well-regulated brokers have. The platform sends mixed signals: it has real regulatory licenses but also has serious risk warnings and complaints from users. This review will look closely at its regulations, real trader experiences, and main trading features to help you make a smart decision about keeping your money safe.

Breaking Down Regulatory Status

A broker's safety depends mainly on how well it's regulated. Amillex has two different licenses that need careful review, since not all regulations protect you equally.

SVG and FSC Licenses

Amillex is run by Amillex Global Ltd and has licenses from two different regulatory groups:

1. Saint Vincent and the Grenadines (SVG) License

Amillex LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 3928 LLC. The Registered Office: Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines.

2. Financial Services Commission (FSC) of Mauritius: The broker has a Retail Forex License (GB24203163) from the FSC.

Top-Tier vs. Offshore

Knowing the difference between these two licenses is important for any trader doing research.

1. Saint Vincent and the Grenadines (SVG) License

Amillex LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 3928 LLC. The Registered Office: Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines.

2. Financial Services Commission (FSC) of Mauritius: The broker has a Retail Forex License (GB24203163) from the FSC.

Offshore regulation usually means less strict money requirements, looser oversight, and much weaker investor protection. If there's a problem, traders may find they have limited legal help. This is shown by a direct risk warning with its Mauritius license: “Please be aware of the risk!”

What This Means

For regular traders, this mixed regulatory setup means medium potential risk. While the ASIC license makes the brand look more legitimate, the day-to-day safety of a regular client's money is controlled by the much weaker offshore system. This difference is a big red flag for traders who want to avoid risk. We recommend that traders always check a broker's current regulatory status on specialized websites to get the most recent information before putting in money.

Real Trader Experiences

Regulatory status tells part of the story; real user reviews show the practical results of a broker's policies and customer service. Amillex has very different feedback, with both serious complaints and positive praise.

The Negative Reports

Several serious complaints have been made by a user called “FX2618573357,” describing big problems with fund management and customer support.

> The user said that after making a deposit, one of their bank cards was frozen. Later attempts to take out money via USDT were blocked, with no processing or communication from the broker. The user says customer service didn't respond and that their account was eventually banned. They also mentioned a suspicious requirement for “video verification” as part of the process.

The main problems raised in these complaints are:

• A bank card was frozen after making a deposit.

• Withdrawal requests in a different currency (USDT) were blocked.

• Customer service allegedly didn't respond to the problem.

• The trading account was eventually banned.

The Broker's Response

Unusually, Amillex has given official, detailed responses to these complaints, offering a different story focused on following regulations.

> The broker's compliance team said that the user's money is safe but that the account was restricted for breaking Anti-Money Laundering (AML) policies. They claim the user repeatedly tried to deposit in one currency (CNY) and withdraw in another (USDT). This practice is a common warning sign for money laundering. Amillex also said they received notice of a legal investigation into the source of the user's deposited money and were working with authorities. They explained that the money could be withdrawn to the original source (the CNY bank account) once the user completes the required identity verification.

This response, while believable from a compliance viewpoint, shows strict and potentially inflexible enforcement of AML/KYC rules that can trap traders who don't know about these cross-currency restrictions.

The Positive Feedback

Unlike the serious complaints, there are seven positive reviews from other users. These reviews show a very different picture of the broker's operations.

Common points of praise include:

• A good trading environment with no freezes or slippage.

• A convenient and fast deposit and withdrawal process.

• Quick and helpful customer service that solves problems efficiently.

• Good trading conditions, such as no restrictions on how long you can hold trades.

This mix of reviews is telling. While many users report a smooth experience, the seriousness of the withdrawal complaints and the complex AML issues involved cannot be ignored. Interested traders should review the full details of these user interactions and the broker's profile on their dedicated page to weigh the evidence for themselves.

A Look Inside Amillex

Beyond safety, a broker must offer competitive trading conditions to be a good choice. Here is a breakdown of Amillex's main offering.

Account Types Compared

Amillex provides three different account types, all available with a low minimum deposit of $50, making it accessible for traders of all levels.

The Raw account is clearly designed for scalpers and high-frequency traders who want the tightest possible spreads and are willing to pay a fixed commission. The Classic and Standard accounts are commission-free and may appeal more to beginners or regular traders who prefer all costs to be built into the spread.

Trading Platforms

Amillex mainly offers the industry-leading MetaTrader 5 (MT5) platform, available for desktop, mobile, and web. MT5 is known for its advanced charting tools, multi-asset capabilities, and support for automated trading via MQL5.

However, there is conflicting information about MetaTrader 4 (MT4). While the broker's profile keywords mention an “MT4 Full License” and active MT4 servers are detected, the main platform information suggests MT4 is not available to clients. Traders should check directly with the broker which platform is available when creating an account, as this information appears to change.

Deposit and Withdrawal

The broker offers many payment methods, serving a global audience.

• Cryptocurrency: USDT (ERC-20 and TRC-20)

• Payment Systems: Help2Pay, ChipPay, FPX, DragonPay, THB QR Payment, International Union Pay, QR Code Pay, FasaPay

• E-Wallet

• Bank Transfer

Processing times vary a lot, from “Instant” for most digital methods to “5 Working Days” for traditional bank transfers. The minimum transaction is typically $50.

It's important to connect this information back to the user complaints. While Amillex allows USDT deposits and withdrawals, their official response shows a strict AML policy that may forbid withdrawing in crypto if the initial deposit was made in regular currency (like CNY or USD). This is an important detail traders must understand to avoid having their money locked pending verification.

Final Verdict

So, is Amillex safe or scam? Is Amillex a credible broker or a risk to avoid? The answer depends entirely on your personal risk tolerance and priorities.

Summarizing the Evidence

To make an informed decision, let's weigh the good points against the bad ones.

Pros

:

• Multiple account types with competitive costs, especially the Raw account.

• Access to the modern and powerful MT5 platform.

• A low minimum deposit of $50 makes it highly accessible.

• A very wide range of deposit and withdrawal methods, including crypto.

Cons

:

• The main license for regular clients is offshore, which carries significant risk and offers weak investor protection.

• There are documented, serious user complaints about frozen funds and blocked withdrawals.

• As a relatively young company (1-2 years), it lacks a long-term track record of reliability.

• The broker's strict enforcement of AML policies, while legally reasonable, can create serious disputes and trap the funds of unsuspecting users.

Our Final Assessment

Amillex is not a straightforward scam. It is a working brokerage with regulatory licenses, a live trading system, and a base of seemingly satisfied customers.

However, the combination of its reliance on offshore regulation for regular clients and the seriousness of the withdrawal complaints places it firmly in a high-risk category. The broker's defense in the complaint cases, focused on AML violations, is believable. Yet, it also reveals a major operational risk for traders: a simple mistake, like trying to withdraw funds via a different method than the one used for deposit, can lead to your account being frozen and your money locked in a long compliance dispute.

Our final advice is one of extreme caution. For traders who put the security and accessibility of their funds above all else, the risks associated with Amillex are likely unacceptable. More established brokers with top-level regulation in the same jurisdiction as their clients offer a much safer alternative. We always recommend traders review the latest information and user feedback for any broker before investing; you can check the most current data and reviews on Amillex safety review to aid your decision.

*Disclaimer: This article is based on information available as of November 2025. The financial markets, broker regulations, and company policies can change. All trading involves risk, and you should conduct your own thorough research before investing. The information provided is for informational purposes only and should not be considered financial advice. *

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