Ambit Capital (ambitcap.com) has been flagged by ASIC (Australia) for "Unlicensed". Warning issued by the Swiss Financial Market Supervisory Authority FINMA https://www.finma.ch/en/finma-public/warnungen/warning-list/ambit-capital/
Phones: 61240576120, 442079933514, 16479481320, 34930412136
Addresses: 41 Europaallee Zürich 8004 Switzerland This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.ambitcap.com.
What really bothers me about Ambit Capital (ambitcap.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after attending a webinar they hosted and I fell for the polished exterior. Never again.
Pros: Excellent charting|High security standards|Wide product range|Regular platform improvements
Cons: Limited cryptocurrency options
Ambit Capital (ambitcap.com) locked my account without warning and demanded documents I had already submitted. for roughly four months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Easy withdrawals|Fast execution|Good mobile app
Cons: Slow to add new assets
I had high hopes for Ambit Capital (ambitcap.com) after my brother mentioned them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Dividend tracking|Reliable uptime|Transparent fees
Cons: Search feature is basic|Would like more payment methods
Customer support at Ambit Capital (ambitcap.com) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Transparent fees|Responsive team|Quick verification
Cons: Currency conversion fee exists|No phone support on weekends
I wanted to transfer my portfolio from another broker to Ambit Capital (ambitcap.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Fast execution|High security standards|Multi-device support
Cons: Could offer more webinars|Charting tools need more indicators
The onboarding at Ambit Capital (ambitcap.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Full transparency|Low minimum deposit|Fast deposits|Two-factor authentication
Cons: No dark mode on mobile
I found Ambit Capital (ambitcap.com) after attending a webinar they hosted and the initial impression was positive. But since early this year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Reliable uptime|Customizable dashboard|Professional team
Cons: Alert system is basic|Account statements could be more detailed
The platform itself is okay, but the customer service at Ambit Capital (ambitcap.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Multi-currency support|Risk management tools|Regular updates
Cons: Minor UI glitches occasionally|Live chat only during business hours
Ambit Capital (ambitcap.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Automated trading options|Customizable dashboard
Cons: No integrated tax optimization|Desktop app not available on Linux
After spending for a couple of months now trying to make Ambit Capital (ambitcap.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Wide product range|Automated trading options|Easy to use platform|Transparent fees
Cons: Cannot customize dashboard fully