AMB Prime – what we know and have as facts about it; This is a brand name of AMB Prime Ltd (ex. Valutrades CYLtd)., which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number 194/13. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.
We have found in the Order Execution Policy document that the company acts as principal and not as agent on the Client’s behalf; therefore, the company is the sole Execution Venue for the execution of the client’s orders for the financial instruments provided by the company. This means AMB Prime may act as a market maker. In general, dealing with market makers involves a conflict of interest because they do not transmit every customer deal and hope that customers will lose. Every loss of customers is their profit. However, it is also written that to act in the best interests of its clients, the company will be considering transmitting client orders instead of executing them itself where that would deliver a better result for clients. This means that AMB Prime may execute client orders or may transmit them for execution to its liquidity providers. This means that it may act as an STP broker as well.
So far, we have not received any complaints from customers of AMB Prime. If you have any criticism to share with us or feel annoyed by AMB Prime, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and AMB Prime if you wish.