Sample dataset. Every broker below is a fictional, illustrative profile built to demonstrate how ForxZen's ranking system works — not a real brokerage. Regulator tiers (FCA/ASIC/CySEC-class vs. offshore) are used correctly as a concept; the specific figures are for demonstration only. Always verify a real broker's licensing and terms directly with the regulator and the broker itself before depositing.
Amberlyn Markets
Port Louis, Mauritius · Founded 2015
Reviewed byElena Novak·Senior Forex & CFD Markets Analyst
Last reviewed:
Why this tier?
- Tier-2 regulation — Licensed by the FSC (Mauritius) — real registration, but with lighter capital-adequacy and conduct rules than a Tier-1 regulator.
- High leverage ceiling — 1:400 for retail accounts is far above what Tier-1 regulators permit outside a professional-client classification.
Our Amberlyn Markets review
Amberlyn Markets is licensed, which puts it a step above the unregulated names in this sample — but FSC Mauritius sets a materially lower bar than the FCA, ASIC or CySEC, and the 1:400 retail leverage ceiling reflects that. Spreads here are also the widest among the regulated brokers we sampled.
This is not a broker we'd rule out outright, but it belongs in a "verify everything yourself" category rather than a first recommendation.
✓ Pros
- +Holds a real (if lighter-touch) regulatory license
- +Wide range of tradable instruments
✕ Cons
- −FSC Mauritius has materially lighter capital and conduct requirements than FCA/ASIC/CySEC
- −1:400 leverage on retail accounts is a real risk amplifier
- −Widest typical spread among the regulated (non-offshore) names in this sample
EUR/USD spread
1.3 pips
0.9–2.1 pips Sample dataset · not live
Min. deposit
$100
Max. leverage
1:400
Execution
STP
Platforms
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