Chairman of Credit Union Association of Latvia (www.kaa.lv)
There are many factors that impact the safety of my funds when making a deposit, from fund protection schemes and regulations to the monitoring system in place and the quality of the management team, but with Amenda, I would say that their management takes the safety of client assets seriously. In addition, they utilize a 100% agency model, so it is worth noting in my evaluation that they alleviate management risks while eliminating conflict of interest with clients. If trading forex with a peace of mind is what you're looking for as an investor, then Amenda is the forex broker for you.
I have been a trader working at a bank for many years and have deep knowledge of the services Amenda offers. It is important to me that they're not only licensed in the EU and their activities are under constant monitoring by market regulators, but also that client funds are under protection by an investor compensation scheme. I never imagined it would be possible for a forex broker to provide negative spreads. This is really surprising and only made possible by the fact that they are a genuine NDD broker. Amenda will undoubtedly benefit the P&L of any trader.
Since I'm a legal expert who works at a major bank in Europe, I examined Amenda from the perspectives of regulation and safety. I can say that Amenda has all the licenses and permissions from the authorities of Latvia, EU, and EEA states and their forex services are safe and highly reliable. It is also worth noting that they comply with all the regulations to maintain these conditions. Amenda is definitely one of the viable choices if fund protection is essential to you.
I am currently a private banker who is involved in asset management and protection for high-income clients. I previously worked as the Latvian representative for Admiral Markets and also worked at Finasta bank for five years in the forex field. As someone with extensive knowledge of the forex business, I can only say that Amenda's service quality in addition to service cost and conditions are without a flaw. I'm really satisfied with Amenda's services. I feel at ease trading with their true DMA and excellent support. I can recommend them with confidence.
I currently work as a compliance professional with Baltic International Bank, and I feel that Amenda offers impressively well-structured services along with asset protection of customers that is amazingly well thought out. I also trade forex personally and find that many brokers offer spreads that only appear tight and fees that only appear low to attract investors. In fact, many of these brokers intentionally widen spreads during volatile markets and manipulate executions to provide a trading environment that works against investors, but few investors catch on to this reality. Amenda is well received among expert traders because they managed to minimize trading costs by implementing a business structure that avoids conflict of interest even in areas that are often overlooked.
I have held COO and director positions at banks and investment funds of financial institutions, so I can easily assess the framework of business practices and services of financial institutions. When it comes to Amenda, I can see that they have an extremely disciplined compliance policy in place and that they have well established relationships with other financial institutions. These are aspects that are often neglected when evaluating forex brokers, but they're extremely critical characteristics for clients to examine, because they affect the safety of client assets held. Even the highest of service quality could have very little merit without the consistent provision of safety. Amenda's high safety standards for assets held is remarkable, considering the fact that it's also achieved some of the world's lowest trading costs as well as some of the most favorable trading conditions.