Our investigation into My Amdi found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is My Amdi?
On the surface, My Amdi looks like an ordinary forex and crypto broker. Its public site is presented at https://accounts.myamdi.com/member/login. But surface impressions are exactly what these operations rely on — the substance behind My Amdi is where the problems begin.
Is My Amdi regulated?
We could find no evidence that My Amdi holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.
Red flags we identified
- No credible physical address or verifiable corporate record
- Opaque or anonymous corporate ownership
- No verifiable licence from a recognised financial regulator
- Account dashboards that show “gains” with no real market exposure
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
Our analysis
My Amdi claims to be under various oversights: 1) My Amdi Malaysia Asset Management Portal claims to be regulated by the Australian Securities & Investments Commission (ASIC); 2) My Amdi Malaysia Asset Management Portal (EU) Ltd claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC); 3) My Amdi Malaysia Asset Management Portal Global claims to be regulated by the Financial Services Authority of Seychelles (Seychelles FSA). However, our search for this broker in above-mentioned regulatory bodies' registries did not yield any results. That means, what it claims is a false statement to unsuspecting investors. The truth is, My Amdi is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Can you recover money lost to My Amdi?
If you have deposited with My Amdi, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by My Amdi?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.