Trade Amber
Details About Trade Amber
- Legal Name of Trade Amber: The legal name of Trade Amber is Trade Amber LTD.
- Company Number of Trade Amber: The registration number of Trade Amber is 15373139.
- Country of Registration of Trade Amber: Trade Amber is registered in GB.
- CEO of Trade Amber: The CEO of Trade Amber is not publicly disclosed.
- Support Mail of Trade Amber: You can contact Trade Amber at no publicly available support email.
- Phone of Trade Amber: The phone number for Trade Amber is not publicly available.
- Payment Modes of Trade Amber: Trade Amber supports payments via undisclosed payment methods.
- Withdrawal Modes of Trade Amber: Trade Amber facilitates withdrawals through undisclosed methods.
- Official Website of Trade Amber: Visit the official website of Trade Amber at https://tradeamber.com.
- Banned Countries of Trade Amber: Trade Amber does not allow traders from Canada, Eritrea, Iran, Iraq, Japan, North Korea, Liberia, Libya, Puerto Rico, VC, Somalia, Sudan, Syria, United States.
Challenge Details at Trade Amber
- Types of Challenge of Trade Amber:The challenges offered at Trade Amber include Two Phase Challenge, Three Phase Challenge.
- Trading Platforms of Trade Amber:Trade Amber supports trading on undisclosed platforms.
- Trading Instruments of Trade Amber:Traders at Trade Amber can trade Forex, Commodities, Stocks, CFDs, Crypto.
- Broker:The broker associated with Trade Amber is not disclosed.
- Max Allocation of Trade Amber:The maximum allocation provided by Trade Amber is 300,000.
- Scaling of Trade Amber:The scaling potential at Trade Amber reaches up to not available.
- Trading Competitions of Trade Amber:Trade Amber does not organize trading competitions for traders.
- Free Trials of Trade Amber:Trade Amber does not offer free trials to its users.
Company Information
- Company Name: Trade Amber
- Company Legal Name: Trade Amber LTD
- Company Registration No.: Undisclosed
- Operating Since: Undisclosed
- CEO Name: Undisclosed
Challenge Details
Trade Amber offered two type of challenge options: the Fixed Challenge and the Scale Challenge. Here are the details :
Fixed Challenge Details
Pricing:
- $5,000 Account: $34
- $10,000 Account: $74
- $25,000 Account: $159
- $50,000 Account: $249
- $100,000 Account: $399
- $200,000 Account: $799
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): 5%
- Total Loss: 8%
- Daily Loss: 4%
- Profit Share: Not disclosed
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage:
- Forex: 1:100
- Indices: 1:20
- Commodities: 1:20
- Crypto: 1:2
- Max Lot Size: No limit
- Payout Frequency: Every 14 days
- Allowed Copy Trading: Yes
- Minimum Trading Days: 0 days
Scale Challenge Details
Pricing:
- $20,000 Account: $99
- $50,000 Account: $159
- $100,000 Account: $199
Rules:
- Profit Target (Phase 1): 6%
- Profit Target (Phase 2): 6%
- Profit Target (Phase 3): 6%
- Total Loss: 5%
- Daily Loss: 3%
- Profit Share: Not disclosed
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage:
- Forex: 1:10
- Indices: 1:10
- Commodities: 1:10
- Crypto: 1:2
- Max Lot Size: No limit
- Payout Frequency: Every 14 days
- Allowed Copy Trading: Yes
- Minimum Trading Days: 0 days
Scaling Plan
Trade Amber did not offer a scaling plan for traders who achieved consistent performance.
Spreads and News Trading Rules
Spreads:
Trader Amber did not mention their spreads.
News Trading Rules:
News trading was allowed for all challenge types, but traders were prohibited from using bracket or hedging strategies during news events.
Other Important Rules
Daily Drawdown Calculation:
The daily drawdown was calculated based on the account’s starting equity at the beginning of each day, This daily drawdown drawdown was based on equity based drawdown, meaning the drawdown limit will keep fluctuating as the account balance gains profit or loss at any moment.
Countries Banned from Purchasing:
Trade Amber restricted users from these countries :-
- USA
- St. Vincent and the Grenadines
- North Korea
- Eritrea
- Iran
- Iraq
- Liberia
- Libya
- Somalia
- Sudan
- Syria
- Japan
- Canada
- Puerto Rico
Prohibited Trading Strategies
Trade Amber enforced strict guidelines on prohibited trading strategies, particularly those that could manipulate market conditions or exploit server vulnerabilities. Banned strategies included:
- Trading on Delayed Charts
- Tick Scalping
- High-Frequency Trading (HFT)
- Arbitrage Bots
- Reverse Arbitrage
- Latency Arbitrage
- Use of Platform or Data Freezing due to Demo Server Errors
- Hedge Arbitrage or Emulators
While EAs (Expert Advisors) were permitted, they needed to comply with Trade Amber’s trading rules. Any HFT activity—opening and closing five or more trades within a one-minute interval over a 24-hour period—would trigger violations and could lead to account termination.
Payout Methods
Trade Amber did not disclose any specific payout methods for its traders.
Trading Commissions
Details on trading commissions were not provided by Trade Amber.
IP Rule
Trade Amber did not disclose any specific rules regarding IP address restrictions.
Trade Amber Challenge Account Pricing
Fixed Challenges
Pricing
Size: $5000 ($34)
Size: $10000 ($74)
Size: $25000 ($159)
Size: $50000 ($249)
Size: $100000 ($399)
Size: $200000 ($799)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
8%-5%
Daily Loss
4%
Scale Challenges
Pricing
Size: $20000 ($99)
Size: $50000 ($159)
Size: $100000 ($199)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
5%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%-6%-6%
Daily Loss
3%
Frequently Asked Questions
Reviews
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