Amibit has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I signed up with Amibit through word of mouth in my investment club and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Competitive fees|Smooth onboarding|Excellent charting
Cons: Limited cryptocurrency options|Alert system is basic
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Amibit recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Dedicated account manager|Stable platform|Smooth onboarding
Cons: Some tools only available on higher tiers|No fractional shares
Where do I even begin with Amibit? since mid-2025 of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Segregated accounts|Professional team|Good analytical tools
Cons: Wait times can be long during peak hours
The onboarding at Amibit 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: Great customer service|Instant funding|Regular platform improvements
Cons: No dark mode on mobile|No live chat on mobile
The platform at Amibit is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for nearly two years of dealing with this, I have had enough.
Pros: Wide product range|Full transparency
Cons: Limited social trading features|Wait times can be long during peak hours
I had high hopes for Amibit through my accountant's suggestion, 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: Multiple order types|Regular updates|Excellent charting
Cons: Limited demo account features|Spreads widen during volatile periods
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Amibit is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I trusted Amibit with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Clear documentation|Quick verification|Fast deposits|Multi-device support
Cons: No phone support on weekends
I am in a dispute with Amibit over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Professional team|Dividend tracking|Copy trading available|Automated trading options
Cons: No phone support on weekends
I have been trying to close my account with Amibit for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Quick verification|Customizable dashboard|Fast support response
Cons: Currency conversion fee exists