How to verify FX Traders

Does anyone have an experience with AMEX FINANCIALS LTD based US and UK. Are they registered firm and reputed company. or a fake or scam. Please confirm

AMEX is a well-known bank card provider not sure if you mean that firm. Just let me give you an advice in advance as we have a right case for it. AVOID newly opened brokers at early stages, use services of reliable brokers which were tested of periods of up and downs especially in times of downturn or high volatility (shows how the broker is able to manage increasing risks, handle complaints).

A good example of a stress-test for brokers which showed them in true colours is recent episode of negative WTI price. My personal list of reliable brokers consist of three firms - Tickmill, Hotforex, IB.

Never heard of it. Stay away. Go for a reputable one which has been around for years.