Honest Review of Amitell Capital PTE LTD

1/5
💬 3

The broker claims to be regulated in Singapore and mentions MAS, but is this actually true? Don’t be quick to take the word of anonymous and newly created brokerage sites — they can easily turn out to be scams. Welcome to the Amitell Capital PTE LTD review, where you’ll learn whether this company deserves your trust or if it’s better not to consider them at all.

Key Features

  • Company Name: Amitell Capital PTE LTD
  • Website: https://amitellcapitalltd.com/
  • Available Contacts: [email protected], +97145864608
  • Foundation: 2024
  • Services: CFD Trading
  • License: No
  • Initial Deposit: $100

From Sign-Up to Payout

You open the Amitell Capital PTE LTD website, and right away, something feels off. The design might seem modern at first glance, but the sense of deceit seeps through every page. Let’s break down step by step why this site is a textbook example of how a company’s platform shouldn’t look if it genuinely cares about its clients.

Let’s start with the colors. Blue, of course, is associated with trust and professionalism. However, here, it’s used so generically and tastelessly that it feels like a deliberate attempt to evoke the desired emotions, rather than a well-thought-out design. It’s just a cliché. The same type of websites with blue backgrounds and white headlines are churned out by all pseudo-brokers to appear “reliable”. There’s no individuality. It’s a cheap trick.

The homepage features a large image of a woman wearing a headset. She looks like a call center operator. It’s a standard stock photo that hundreds of other dubious websites use. No originality. No real photos of the office, team, or infrastructure. It gives the impression that Amitell Capital PTE LTD has nothing to offer beyond fantasy promises.

Amitell Capital PTE LTD - website

Now for the text. It’s an absolute disaster. Here’s an example: “Invest with confidence”. However, where are the details? Why should clients feel confident? Amitell Capital PTE LTD boasts about “simplicity and reliability” but provides no specifics. The text reads as if it was written by a marketer on autopilot: generic phrases with no real substance behind them. You read it and can’t figure out what services they actually offer. Everything is so vague, as if intentionally avoiding going into detail.

Speaking of details, there are typos too. For instance, on the deposits and withdrawals page, “Allowed region” is written as “Alowed region”. Seriously? A company that supposedly operates on a global level didn’t even bother to proofread its website. Even more concerning is their security page slogan: “Make sure to change you password every 90 days”. “You password”? That’s a beginner-level mistake.

The whole site looks like a template bought from some website builder. There’s minimal originality and maximum effort to fill the gaps with standard template blocks. The biggest problem with Amitell Capital PTE LTD is the lack of specifics and crucial details, like the full names of the founders and the company’s founding date.

Alright, we’ve reviewed amitellcapitalltd.com. Let’s move on to registration to take a look at the client portal. But here’s the catch: you can’t create an account without an invitation code. That’s right.

Registration by invitation codes is a red flag because legitimate brokers are open to everyone. Here, it’s clear they’re hiding something. This approach is often used by pyramid schemes — newcomers join through codes, and older members earn bonuses until the money flow stops. It creates a false sense of exclusivity and makes verifying the company harder since access is limited to the “chosen few”. In reality, this looks more like an attempt to mask a lack of transparency. It’s clear that some kind of fraudulent scheme is at play.

The company’s website lists several methods for transferring money: bank cards (Mastercard, Maestro, credit, and debit cards) and cryptocurrencies. These methods appear to be standard.

Amitell Capital PTE LTD’s user agreement states that the broker requires all clients to complete identity verification. While this is a standard process, we strongly recommend not submitting your documents unless you’re sure the company is legitimate and safe. Otherwise, your personal data could end up in the hands of scammers.

Our Trading Experience With Amitell Capital PTE LTD

The company claims its platform is user-friendly and modern, doesn’t require installation, and is suitable for both beginners and professionals. However, the screenshots of the platform shown on different pages are entirely inconsistent. The homepage displays one interface, while the terminal section shows a completely different one. Moreover, we cannot verify this ourselves since registration is restricted and requires a promo code.

Amitell Capital PTE LTD states that its terminal is equipped with Trading Central tools, enabling technical analysis and market pattern recognition. Yet without access to the platform, there’s no way to verify these claims. These are just words that anyone can write.

Several shortcomings of the terminal can be highlighted. First, there’s no access to a demo version — a basic tool offered by all reputable brokers to let clients test the platform risk-free. Second, this terminal, while not requiring installation, significantly lags behind platforms like MetaTrader or cTrader in terms of functionality. Such platforms typically have limited features, fewer indicators, less analysis tools, and reduced customization options.

The Reality Check

The Amitell Capital PTE LTD website claims that the company is registered in Singapore and allegedly regulated by the Monetary Authority of Singapore (MAS). It’s time to verify these details to see if they hold up.

We checked Singapore’s legal registry and MAS records for a company under this name. Here’s where things get interesting. Yes, there is a legitimate firm called Amitell Capital PTE LTD, registered with MAS in Singapore. This is a fact, and it can easily be confirmed in the official registry. However, here’s the catch: this respectable business has no connection to the website amitellcapitalltd.com. This is a classic tactic often used by scammers.

Amitell Capital PTE LTD - Singapore

Fraudsters take the name of a legitimate company — preferably one with a solid reputation and registered in a prestigious jurisdiction — and use it for their schemes. At first glance, everything looks fine: a client visits the website, sees bold claims about an MAS license, checks the name in the registry — and, of course, it’s there. However, there’s one small detail: it’s not the same as Amitell Capital PTE LTD. The scammers are simply exploiting the reputation of another firm.

This trick is typically aimed at gullible individuals who won’t dig into the details. They see the matching name and think, “Well, if there’s a license, everything must be legal”. However, the license belongs to a completely different company. The entity behind amitellcapitalltd.com is, at best, a front company registered in some offshore jurisdiction. At worst, it’s a straight-up scam that will vanish with your money.

How Long Has Amitell Capital PTE LTD Been in the Game?

Even the domain registration date reveals that the subject of our review is using someone else’s name. The original company was registered in 2015, but the scammers’ website only appeared in 2024. So, the actual lifespan of Amitell Capital PTE LTD doesn’t even exceed one year.

Domain

Extra Fraud Indicators

To be honest, most of the key signs of fraud have already been mentioned. However, we can add one more: the company is also engaging in another tactic. If you searched for Amitell Capital PTE LTD reviews, you may have noticed an abundance of positive comments online. How is that possible when the firm is illegal and clearly a scam? The answer is simple — these are fake reviews. Yes, the scammers are posting fabricated comments about themselves to promote their platform and lure unsuspecting traders.

Is Amitell Capital PTE LTD the Right Fit?

You should ask yourself the main question: are you ready to become yet another client who trusted promises and ended up with nothing? We strongly advise against investing your money in such a platform — it’s an enormous risk. Be cautious and don’t fall victim to this dubious company.

Got Questions? We Have Answers

What to do if Amitell Capital PTE LTD refuses to withdraw funds?
Can I trust positive reviews about a company on the internet?
Why is the broker using the name of a real registered firm?

Weighing the Benefits and Drawbacks

The site is available in three languages.
Fraudsters using someone else's name.
Illegal activities.
Registration by promo codes only.
Fake positive reviews on the Internet.
About the author
Lucas Patel
Lucas Patel
Lucas used to handle financial risks at a big firm, but now he’s more into climbing mountains and finding hidden travel gems. That said, his knack for spotting risks still helps keep our site in top shape.

3 client reviews for Amitell Capital PTE LTD

    It’s nothing but a scam. I lost $5,000 here because I believed in fake positive reviews and their false claims of regulation. It turned out to be an anonymous project created by fraudsters. They’ll never return my money.

    Reply

    Lol, how do you even register an account? How did all these people manage to transfer their money here? I think Amitell Capital PTE LTD is a rotten dump, not a proper broker. Or maybe just a fake and a scam. Am I wrong?

    Reply

    I was scammed for €15K today and they are a fraud company. They sent me the company credentials of the legitimate company and had about 8 different people sending me WhatsApp messages and now no response from any of them.

    Reply

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