AMarkets Broker Review

Is AMarkets a scam?

AMarkets is regulated by two reputable financial authorities, the Financial Services Commission of Montenegro (FSC) and the Cyprus Securities and Exchange Commission (CySEC). The FSC and CySEC are responsible for ensuring that brokers operate in a fair and transparent manner, and that they comply with strict regulatory requirements to protect clients’ funds and maintain a safe and secure trading environment.

As a regulated broker, AMarkets is required to adhere to strict guidelines and standards, including:

Keeping clients’ funds segregated from company funds in separate accounts.
Implementing strict risk management policies to protect against potential losses.
Providing clients with transparent pricing and execution.
Conducting regular audits and financial reports to ensure financial stability.
Providing client support services and resolving any complaints or issues in a timely and professional manner.

AMarkets also employs advanced security measures to protect clients’ data and trading accounts, including two-factor authentication and SSL encryption.

Overall, as a regulated broker, AMarkets is committed to providing a safe and secure trading environment for its clients, with a focus on transparency, reliability, and excellent customer service.

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Rank	Broker	Open Account	Bonus	Platform	Minimum Deposit	ECN
1	Exness	Open Exness account	16$/lot	MT4, MT5, Exness, ...	1$	10$
2	IC Markets	Open IC Markets account	-	MT4, MT5, cTrader	200$	200$
3	XM	Open XM account	30$	MT4, MT5	5$	-
4	XTB	Open XTB account	2000$	MT4, xStation 5	1$	1$
5	FBS	Open FBS account	140$	MT4, MT5, FBS Trader	1$	1000$

AMarkets Trading Platforms

AMarkets offers its clients a range of trading platforms to choose from, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as a web-based platform and mobile apps for iOS and Android devices. Here’s a brief overview of each platform:

MetaTrader 4 (MT4): MT4 is a popular and widely used trading platform that offers a range of advanced features, including customizable charts, technical analysis tools, automated trading through Expert Advisors (EAs), and a wide range of indicators and charting tools. MT4 is available for download on Windows and Mac operating systems.
MetaTrader 5 (MT5): MT5 is a newer version of the MetaTrader platform that offers additional features and capabilities, such as advanced order types, improved charting and analysis tools, and more timeframes. MT5 is also available for Windows and Mac operating systems.
WebTrader: AMarkets’ WebTrader is a web-based platform that allows traders to access their trading accounts and place trades from any device with an internet connection and web browser. The platform is user-friendly and includes a range of trading tools and features.
Mobile trading apps: AMarkets offers mobile trading apps for both iOS and Android devices, which allow traders to monitor their positions, place trades, and access a range of trading tools and features from their mobile devices.

Overall, AMarkets provides its clients with a range of trading platforms to choose from, each with its own set of features and capabilities to suit different trading styles and preferences.

Products AMarkets provides

AMarkets offers its clients access to a wide range of financial products, including:

Forex: AMarkets provides access to the global forex market, with over 50 currency pairs available for trading. Clients can trade major currency pairs such as EUR/USD and GBP/USD, as well as minor and exotic currency pairs.
Commodities: AMarkets offers trading in a range of popular commodities, including gold, silver, crude oil, and natural gas. Clients can trade these instruments either as spot trades or as futures contracts.
Stocks: AMarkets provides access to a wide range of global stocks, including companies listed on major exchanges such as the NYSE, NASDAQ, and LSE. Clients can trade individual stocks or create a diversified portfolio using a range of stocks.
Indices: AMarkets offers trading in a variety of global stock indices, including the S&P 500, NASDAQ 100, and FTSE 100. Clients can trade these instruments either as spot trades or as futures contracts.
Cryptocurrencies: AMarkets offers trading in a range of popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple. Clients can trade these instruments as CFDs, which allows them to benefit from price movements without owning the underlying assets.

Overall, AMarkets provides a diverse range of financial products for its clients to trade, with flexible leverage options, competitive spreads, and excellent execution speeds.

AMarkets account types

AMarkets offers its clients a range of account types to suit different trading styles and preferences. Here are the account types available:

Standard Account: This account is suitable for beginners and traders who prefer fixed spreads. The minimum deposit is $100, and clients can trade a wide range of financial instruments with spreads starting from 1.3 pips.
ECN Account: This account is suitable for advanced traders who prefer variable spreads and direct access to liquidity providers. The minimum deposit is $200, and clients can trade a wide range of financial instruments with spreads starting from 0 pips and a commission of $3 per lot.
Fixed Account: This account type is suitable for traders who prefer to know their trading costs upfront. The minimum deposit is $1,000, and clients can trade a range of financial instruments with fixed spreads starting from 2 pips.
Institutional Account: This account type is suitable for high-volume traders and institutional clients who require tailored trading conditions and personalized support. The minimum deposit is $10,000, and clients can trade a wide range of financial instruments with spreads starting from 0 pips and low commissions.

In addition to the above account types, AMarkets also offers an Islamic account option, which is designed for clients who follow Islamic principles and require swap-free trading. This account type is available for all account types except the Fixed Account.

Overall, AMarkets offers a variety of account types to suit the needs of different traders, with flexible trading conditions, competitive spreads, and excellent execution speeds.

AMarkets trading fees

AMarkets offers competitive trading fees and commissions, which vary depending on the account type and the financial instrument being traded. Here’s a breakdown of the trading fees charged by AMarkets:

Spreads: AMarkets charges variable spreads on all financial instruments, except for the Fixed Account type which offers fixed spreads. The spreads vary depending on the account type and the financial instrument being traded. The starting spreads for the Standard Account type range from 1.3 pips, and the spreads for the ECN Account type start from 0 pips.
Commissions: For ECN Account type, AMarkets charges a commission of $3 per lot traded, which is a relatively low commission compared to other brokers. The Institutional Account type offers customized commissions depending on the trading volume and the financial instrument being traded.
Overnight Swap Rates: AMarkets charges overnight swap rates on positions held overnight, which vary depending on the financial instrument and the account type. For Islamic accounts, no swaps are charged as they are designed to be swap-free.

Overall, AMarkets offers competitive trading fees and commissions, with transparent pricing and no hidden fees. The broker does not charge any deposit or withdrawal fees, which is a significant advantage for traders.

AMarkets Funding and Withdrawal Options

AMarkets offers a range of funding and withdrawal options, making it easy for clients to deposit and withdraw funds from their trading accounts. Here’s a breakdown of the deposit and withdrawal options, fees, and processing times offered by AMarkets:

Deposit Options: AMarkets offers a range of deposit options, including bank wire transfers, credit/debit cards, e-wallets such as Skrill, Neteller, Perfect Money, FasaPay, and cryptocurrencies. There are no deposit fees charged by AMarkets, and most deposits are processed instantly.
Withdrawal Options: AMarkets allows clients to withdraw funds using the same payment method that was used to make the deposit. Withdrawals are processed within 24 hours, and clients can expect to receive their funds within 3-5 business days, depending on the payment method.
Fees: AMarkets does not charge any fees for deposits or withdrawals. However, clients should note that they may incur fees charged by the payment provider or their bank when making transactions.
Processing Time: Deposits are usually processed instantly, with the exception of bank wire transfers, which may take up to 3-5 business days. Withdrawals are processed within 24 hours, but clients should allow for an additional 3-5 business days for the funds to reach their accounts, depending on the payment method.

Overall, AMarkets offers a range of convenient and secure funding and withdrawal options, with fast processing times and no deposit or withdrawal fees charged by the broker.

AMarkets’ promotions

AMarkets offers various promotions to its clients to help them maximize their trading potential and increase their profitability. Here are some of the current promotions offered by AMarkets:

Welcome Bonus: AMarkets offers a welcome bonus of up to 25% on the first deposit made by new clients. The bonus amount depends on the deposit amount, with a minimum deposit of $100 required to qualify for the bonus.
Cashback Bonus: AMarkets offers a cashback bonus of up to $10 per lot traded to clients who trade frequently. The bonus amount depends on the trading volume and is credited to the client’s account at the end of each month.
Loyalty Program: AMarkets offers a loyalty program that rewards clients for their trading activity. Clients earn points for every trade they make, which can be redeemed for cash bonuses, discounts on trading commissions, and other benefits.
Referral Program: AMarkets offers a referral program that rewards clients for referring their friends and family to the broker. Clients can earn up to $1,000 for each new client they refer to AMarkets.
Trading Contests: AMarkets hosts various trading contests throughout the year, where clients can compete against each other to win cash prizes and other rewards.

Overall, AMarkets offers a range of promotions to its clients, designed to help them increase their profitability and maximize their trading potential. Clients should carefully read the terms and conditions of each promotion before participating to ensure that they fully understand the requirements and restrictions.

AMarkets customer support

AMarkets offers excellent customer support to its clients, with a range of channels available to reach the support team. Here’s a breakdown of the customer support options offered by AMarkets:

Live Chat: AMarkets provides a 24/5 live chat service that allows clients to chat with a support representative in real-time. This is the quickest way to get in touch with the support team and get a response to any queries or issues.
Email: Clients can also contact the support team via email at support@amarkets.com. Emails are usually answered within 24 hours, and clients can expect a detailed response to their queries.
Phone: AMarkets provides phone support to its clients, with local phone numbers available for clients in different countries. Clients can call the support team during working hours to get assistance with any issues.
FAQ Section: AMarkets has a comprehensive FAQ section on its website, which provides answers to common questions related to trading, accounts, funding, and more.

Overall, AMarkets offers excellent customer support, with a range of channels available to reach the support team. The support team is knowledgeable, responsive, and always ready to assist clients with any issues or queries they may have.

AMarkets Educational Resources

AMarkets offers a range of educational resources to help clients improve their trading skills and knowledge. Here’s a breakdown of the educational resources available on AMarkets:

Webinars: AMarkets regularly hosts webinars on various topics related to trading, including market analysis, technical analysis, and risk management. Clients can register for these webinars and attend them for free.
Trading Academy: AMarkets has a trading academy section on its website that provides a range of educational resources, including articles, videos, and tutorials. These resources cover topics such as trading strategies, market analysis, risk management, and more.
Trading Glossary: AMarkets provides a comprehensive trading glossary that contains definitions of commonly used trading terms and concepts. This is a useful resource for traders who are new to the industry and want to learn the terminology.
Economic Calendar: AMarkets provides an economic calendar on its website that displays upcoming economic events and their impact on the financial markets. This is a useful tool for traders who want to stay informed about the latest market news and events.
Trading Signals: AMarkets offers free trading signals to its clients, which are based on technical analysis and market trends. These signals can be used to make informed trading decisions and improve the accuracy of trades.

Overall, AMarkets provides a range of educational resources that cater to traders of all levels, from beginners to advanced traders. These resources are free to access and can help traders improve their knowledge and skills, ultimately leading to better trading results.

Pros and cons of AMarkets

Pros:

Regulation: AMarkets is a regulated broker, which provides clients with a sense of security and ensures that the broker adheres to strict financial regulations.
Trading Platforms: AMarkets offers a range of trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms. These platforms are highly customizable and offer a range of trading tools and features.
Educational Resources: AMarkets provides a range of educational resources to its clients, including webinars, tutorials, and trading signals. These resources can help traders improve their trading skills and knowledge.
Account Types: AMarkets offers a range of account types to cater to the needs of different traders, including a demo account for practice trading.
Customer Support: AMarkets offers excellent customer support, with a range of channels available to reach the support team.

Cons:

Limited Products: AMarkets does not offer a wide range of products compared to some other brokers, limiting the trading options available to clients.
Inactivity Fees: AMarkets charges inactivity fees on accounts that have been inactive for more than 90 days. This can be a drawback for clients who do not trade frequently.
Withdrawal Fees: AMarkets charges withdrawal fees on some payment methods, which can be an additional cost for clients.
Limited Promotions: AMarkets does not offer as many promotions and bonuses as some other brokers, which may be a drawback for clients looking to maximize their trading potential.
Limited Research and Analysis: AMarkets does not provide as much research and analysis as some other brokers, which may be a drawback for clients who rely heavily on market analysis in their trading strategies.

Overall, AMarkets is a reputable and reliable broker that offers a range of trading tools and resources to its clients. While there are some drawbacks to trading with AMarkets, the benefits, including regulation and excellent customer support, may outweigh these drawbacks for some traders.

Frequently asked questions about AMarkets

Is AMarkets a regulated broker?

Yes, AMarkets is a regulated broker. It is regulated by the Financial Services Commission (FSC) in Mauritius and the International Financial Services Commission (IFSC) in Belize.

What trading platforms does AMarkets offer?

AMarkets offers a range of trading platforms, including MetaTrader 4, MetaTrader 5, and the AMarkets WebTrader.

What account types are available at AMarkets?

AMarkets offers a range of account types, including a demo account for practice trading, as well as the Classic, Direct, and ECN accounts, which offer different trading conditions and features.

What financial instruments can I trade with AMarkets?

AMarkets offers a range of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies.

What are the funding and withdrawal options available at AMarkets?

AMarkets offers a range of funding and withdrawal options, including bank transfers, credit/debit cards, electronic payment systems such as Skrill and Neteller, and cryptocurrencies.

Does AMarkets charge commissions or fees on trades?

AMarkets charges commissions on its Direct and ECN accounts, but not on its Classic account. It also charges spreads and overnight swap fees on all accounts.

What educational resources does AMarkets offer?

AMarkets offers a range of educational resources, including webinars, tutorials, a trading academy, a trading glossary, and trading signals.

Does AMarkets offer promotions and bonuses?

Yes, AMarkets offers various promotions and bonuses from time to time, including a welcome bonus for new clients.

How can I contact AMarkets customer support?

AMarkets offers various customer support channels, including live chat, phone support, email, and a contact form on its website.

What are the pros and cons of trading with AMarkets?

The pros of trading with AMarkets include regulation, a range of trading platforms, educational resources, account types, and customer support. The cons include limited products, inactivity and withdrawal fees, limited promotions, and limited research and analysis.

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