Amitell Capital PTE LTD Review: Is It a Safe Broker or a Scam?

In our Amitell Capital PTE LTD review, we’ll talk about a brokerage company that promises to help achieve financial success on one of the most successful trading platforms. In addition, it offers investors modern tools not only for trading but also for analytics. However, we have developed a rather contradictory opinion about this intermediary. It’s clear that behind this broker’s mask, there could be scammers, and we tried to find out if that’s the case.

Amitell Capital PTE LTD General Information

Registration and Client Portal Review

The official website, where all the information about the broker Amitell Capital PTE LTD is presented, is available in several languages, including Russian and Spanish. However, we couldn’t find all the necessary data regarding both the platform’s operations and its origin or official registration.

• The platform’s owners didn’t see the need to provide users with a full set of documents or even links to them.
• The broker doesn’t specify which trading platform is used.
• More detailed terms of cooperation for each trading account are not visible.
• Statistical data are also not confirmed.

In our opinion, starting a cooperation with a platform that is unwilling to provide comprehensive information about itself is quite risky. Our subject of review doesn’t seem to be aiming for transparent communication with potential clients. Honestly speaking, the website’s template is also quite simple. It doesn’t look like a great designer was involved, and it seems that not many clients are being served here overall.

We also researched how to register on this site. The answer is — you can’t. Well, there is a way, of course. You must have a special registration code. However, where to get it is a real mystery. A note: brokers who forbid open registration on their sites and instead introduce some unclear limiting codes are breaking the law. This should not happen on legitimate platforms. In this case, you will definitely need to contact a manager and ask for the code from them, which is not really common in the actual investment industry.

It’s also unclear whether they will even give you this code. What if you don’t deserve to become a client of this scam platform? In any case, we couldn’t access the personal cabinet because we don’t entertain unnecessary steps or begging for codes or something. For us, this is a clear red flag.

Amitell Capital PTE LTD Trading Conditions

Now, let’s check what interesting offerings the broker is ready to provide to its clients.

Account Types Review

According to the description of the trading accounts, Amitell Capital PTE LTD offers access to financial assets gradually. The broker has developed several account types for both beginners and professional traders. The more experience you have, the more markets are available for trading. The spread size and other conditions also depend on this. There are 5 types of accounts in total:

• Test. Forex only, with spreads starting from 0.8 pips. Deposit from $100.
• Beginner. Adds commodities with lower spreads. Minimum investment required is $2,000.
• Standard. From $10,000, traders can work with the cryptocurrency market and stocks, with a bid/ask difference from 0.5 pips.
• Corporate. Minimum deposit of $15,000 — spreads from 0.4 pips, adding indices and custom offers.
• VIP. Custom conditions are available.

This approach is also very questionable. No legitimate broker restricts access to tools based on the deposit size. Of course, in many countries, there is a distinction between qualified and non-qualified investors, but there is nothing like that here. The broker simply doesn’t care about your knowledge. What matters to them is the size of your deposit. At the same time, both beginners and experienced traders are offered leverage of 1:100, which, by the way, violates the regulations of all reputable regulators.

And, they also promise a 0% commission. However, it’s unclear whether this refers to transaction commissions or withdrawal fees. What exactly is meant by “commission”?

Trading Platform

The same can be said about the trading terminal, which is not explained in much detail on the official website. There are more questions than answers regarding this platform. It’s unclear who the manufacturer is, why there is no demo account available, and why it’s not provided for public access. This software does not seem to be of high quality or suitable for profitable trading. Moreover, ‌liquidity providers are not specified anywhere, which raises further concerns.

Amitell Capital PTE LTD — Deposit and Withdrawal of Funds

So, the section about deposits and withdrawals also left us perplexed. In general, they offer debit and credit cards, as well as cryptocurrencies. Deposits via cards are instantaneous, and withdrawals take up to 48 hours. There is no mention of any specific fees, other than that they depend on the bank.

Meanwhile, for crypto, they claim zero fees, even though the actual cost will depend on the blockchain. They also believe that three confirmations are enough for all cryptocurrencies for the money to be transferred to accounts. Again, this depends on the token, not on what the platform creators imagine.

And finally, since we don’t have access to the personal account, there’s no guarantee that financial transactions are handled this way. They might even be using personal data. It’s essential to thoroughly verify everything before transferring money to questionable platforms.

Verification

Verification seems to be required here as well, and all clients must complete it before gaining access to financial transactions. However, it is not described in detail. In general, the procedure may look like this:

• Provide a government-issued ID, such as a passport or driver’s license, to confirm your identity.
• Submit a recent utility bill or bank statement to confirm your residential address.
• Submit proof of your source of funds or income to ensure legitimacy and compliance with anti-money laundering regulations.

The fact that the broker doesn’t disclose detailed information about the verification process immediately suggests that you might encounter additional issues with it.

Additional Options

In the descriptions of trading services, there is no mention of any additional services. The only reference to extra offerings is found in the main panel, where the company mentions providing education. However, this isn’t exactly a top-tier educational program. In this section, there is just a simple glossary, some news, and that’s it. There are no proper courses or valuable educational articles available here.

Is Amitell Capital PTE LTD a Scam?

The fact that the broker does not provide the trading terminal in open access already indicates that this is a typical scam and that they have no intention of offering legitimate trading opportunities to their clients. However, this is far from the only reason for drawing such conclusions, and we will discuss everything in this review.

Legal Information and License

According to the information on the Amitell Capital PTE LTD website, the company is registered in Singapore. However, the year it started operations is not mentioned. Our verification revealed that a company by this name does indeed exist in the registry of Singapore. However, it is not a broker and has no direct connection to our subject. The registration details of this company were simply used by the project. Furthermore, there is no mention of any license that would allow the project to act as an intermediary in financial markets.

Moreover, in all the countries where the broker supposedly has contact details, it does not have the legal right to provide its services.

Amitellcappteltd.com Domain Info

The current domain of the broker was registered in January 2025. However, it should be noted that the company has likely been operating since the fall of 2024. As typical scammers, they are forced to change domains almost every month, so this is not surprising.

Contacts Review

The only method of contact available for Amitell Capital PTE LTD is email. The phone numbers listed for the UK, UAE, and Singapore turned out to be inaccessible. It’s also worth noting that there are no offices at the listed addresses in these countries.

More Details

We found a lot of interesting things in the broker’s agreement, even though it consists of just one page. The main message it tries to convey is that the company takes no responsibility for your losses. And it would be one thing if this were a legitimate company, but the agreement is actually illegitimate itself, as it lacks the necessary legal details. And even if they had included them, how could they? They certainly wouldn’t put the original company’s details in there, considering they’ve stolen the identity of another firm.

Pros and Cons

2.1 TOTAL SCORE

Amitell Capital PTE LTD Summary

Based on our research, Amitell Capital PTE LTD appears to be a scam. The lack of license, unclear registration information, and hidden fees all point to fraudulent practices. It is highly risky to engage with this platform. We strongly advise avoiding any involvement.

---

Website information content 2

Client Portal 2

Trading conditions 3

Trading platform 2

Deposit and withdrawal 2

Verification 2

Extra options 3

Licenses and guarantees 1

Work duration 1

Feedback 3

Frequently Asked Questions (FAQ)