The CNMV adds AMACAP to its warning list On January 15, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added AMACAP to its warning list for providing investment services without authorization. https://www.cnmv.es/portal/ResultadoBusqueda.aspx?tipo=1&nombre=AMACAP%20CAPITAL%20LTD

BrokersView has reviewed that AMACAP is an unregulated broker AMACAP claims to be operated by AMACAP Capital Ltd, a company supposedly authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with License No. 155/11.However, the license is, in fact, associated with Amana Capital Ltd, which has its own brand name and domains. Profiles provided by the CySEC don't support any affiliation between these two entities. AMACAP appears to be a case of identity theft, misusing details of a legitimate counterpart to dupe investors.What's more, the Comisión Nacional del Mercado de Valores (CNMV) has added AMACAP to its warning list for providing investment services without authorization.In essence, AMACAP is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.AMACAP appears to be a scam.

The CONSOB orders the blackout of AMACAP's website On March 28, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered AMACAP's website to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-28-march-2024/718268

BrokersView has identified that AMACAP's website is currently offline BrokersView found that the domain "https://amacap.eu/?lang=en" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

What account type does AMACAP offer? AMACAP is deemed a fraudulent trading platform, and we strongly advise against engaging with it.AMACAP falsely claims Cyprus Securities and Exchange Commission (CySEC) regulation under License No. 155/11, but the license belongs to Amana Capital Ltd, a separate entity. No affiliation is found between AMACAP and Amana Capital in CySEC profiles, suggesting potential identity theft. Additionally, the Comisión Nacional del Mercado de Valores (CNMV) has placed AMACAP on its alert list for unauthorized investment services.Entrusting funds and personal information to AMACAP poses risks of fraud and identity theft, leading to severe financial and personal consequences. To mitigate such risks, it is recommended to avoid unlicensed platforms like AMACAP and opt for those under strict regulation. View Source