Comprehensive Review of Amitell Capital PTE LTD

Amitell Capital PTE LTD provides access to both margin and spot trading. The range of financial instruments is simple and depends on the client’s account type. Other services include educational content, investment suggestions, a trading calculator, and a built-in currency converter. The fact that this company began its operation only at the end of 2024 somehow justifies a low level of recognition and the availability of negative comments. The purpose of this review is to identify whether the dealer is a legitimate broker or just a scammer.

Highlights

Key Trading Features

Amitell Capital PTE LTD provides seemingly fairly standard trading conditions. Clients can use the following account types: Test, Beginner, Standard, Corporate, and VIP. The difference between these accounts lies mainly in the specific privileges and spreads provided. Now let’s take a closer look at both basic trading conditions and shortcomings related to them.

The minimum deposit on the platform is $100 for a “Test” account, while if the deposit exceeds $150,000, the company promises exclusive partnership terms. However, the leverage for all clients is fixed at 1:100, which is suspicious because such leverage does not comply with the regulatory requirements of European financial regulators, indicating unreliability.

The spreads are from 0.4 to 0.8 pips, but in a VIP account, they will be floating. Oddly enough, there are sections of the site that boast spreads as low as 0.1 pips, which is controversial and raises questions about the company’s transparency.

As for additional services, the dealer claims access to “custom offers” but gives no details about what potential income is expected, let alone the risks. It also boasts tools such as an economic calendar, an integrated currency converter, and a trader’s calculator. However, there are still no serious advantages in the form of expert advisory services.

These trading conditions show a number of serious disadvantages: the absence of basic services, too high a leverage rate, and inconsistent information about spreads. Such inconsistencies allow manipulations to be carried out in the trading terminal.

Overview of Available Trading Instruments

Amitell Capital PTE LTD links trading accounts with specific instruments. For example, users can trade currency pairs only if they deposit $100. If the deposit amount increases, so does the number of available assets. The list includes currency pairs, commodities, stocks, and crypto. According to the information on its website, this company provides more than 500 assets for trading.

However, given the company’s shady reputation, most of these claims seem manipulative. The number of instruments offered by this browser platform is also limited. Besides, the project operates on so-called contracts for difference, which entails a gradual depletion of the balance of users’ accounts.

Trading Platform Analysis

The founders of Amitell Capital PTE LTD say very little about their trading software. Among the benefits they cite are the lack of the need to download an app, as well as low spreads and “outstanding” expert service. They also emphasize transaction privacy and desktop optimization.

First and foremost, there is no mobile support, which seriously confines trading flexibility. Due to liquidity issues, execution is slower than it should be and the platform is not advanced enough to even add indicators, making it limited for serious traders.

Additional Services

Amitell Capital PTE LTD significantly advertises content for beginners: this is the Trading Academy, which is simply a section of the site. Moreover, many of the texts look like they were automatically generated or just copied from elsewhere. News is also provided and updated daily, but the leading topic here is cryptocurrencies.

Hundreds of basic trading terms are included in the Glossary section. The customer support, despite all the heavy marketing, is very mediocre. The lack of response from support staff to traders’ requests deprives them of the opportunity to solve the problem.

The company advertises a loyalty program on its home page, but there is no information about the benefits or rewards for new users. There is no bonus system either, and registration requires a code provided only by company employees. Such closed registration practices are common among fraudulent brokers to push services like personal account managers.

Fee Structure

Amitell Capital PTE LTD applies a very non-transparent fee policy for both trading and deposits/withdrawals. The official website mentions that some trading fees have been reduced, but does not say which ones. Transaction fees are imposed by the issuer, and in the case of depositing cryptocurrencies, only network fees are charged, which are usually around 1 USDT.

This is a red flag indicating that manipulation is possible. Fraudulent brokers typically charge large fees for inactivity or verification issues to prevent clients from accessing their funds. Moreover, the company does not provide any documents describing their fees.

We invite you to read landsonfinhold.com review, this is a company with a similar fee structure.

Legitimacy of Amitell Capital PTE LTD

Amitell Capital PTE LTD is not regulated by any oversight authority. The broker is not authorized by European and offshore regulators. It means the company is not responsible for fraudulent activities, but still attracts people to invest in cryptocurrency. Cooperation with an unlicensed company reduces the chances of a fund recovery, even with the help of a lawyer.

Despite the obvious accusations, the founders try to convince newcomers of their legitimacy. They claim regulation by the Monetary Authority of Singapore (MAS). However, a quick check of the MAS registry confirms this claim is false. The company is neither regulated nor registered in Singapore.

Company History

The history of the dealer is just a few months long. As the Whois claims, this domain name was registered in December 2024. This already explains the complete lack of real reviews, low recognition and quality of their software.

Moreover, we noticed that they are now operating on the domain amitellcappteltd.com, which was reserved on January 28, 2025. This is a clear red flag, as only scam projects use such frequent and abrupt domain changes in an attempt to avoid liability.

Conclusion

Amitell Capital PTE LTD seems like a scam brokerage firm with not-so-good trading conditions at all. The firm is not licensed in Europe or Asia, and to top it all off, it has received negative reviews and numerous accusations. Thus, we are not recommending to make any kind of investment in this platform.

Weighing the Pros and Cons

Common Questions