Compare AMarkets vs Forex.com
What is AMarkets? What is Forex.com ?
AMarkets is a forex and CFD broker that was established in 2007 and is regulated by the Financial Commission. It offers trading on various assets, such as forex, metals, stocks, indices, commodities, cryptocurrencies and futures. It also provides various account types, trading platforms, analytical tools and educational resources for its clients.
Forex.com is a forex and CFD broker that was established in 1999 and is regulated by multiple authorities, such as the CFTC, FCA, FSA, IIROC and more. It offers trading on over 4,500 markets, including forex, indices, commodities, shares, ETFs and cryptocurrencies. It also provides various account types, trading platforms, analytical tools and educational resources for its clients.
AMarkets vs Forex.com Regulation Comparison
AMarkets is regulated by the Financial Commission, which is an independent self-regulatory organization that provides dispute resolution and compensation fund services for traders. The Financial Commission is not a governmental authority and does not have legal power to enforce its decisions.
Forex.com is regulated by multiple governmental authorities in different jurisdictions, such as the CFTC and NFA in the US, the FCA in the UK, the FSA in Japan, the IIROC in Canada and more. These regulators have legal power to oversee and enforce the rules and standards of the forex industry and to protect traders from fraud and abuse.
AMarkets vs Forex.com Trading Assets Comparison
AMarkets offers trading on over 250 instruments across various asset classes, such as forex, metals, stocks, indices, commodities, cryptocurrencies and futures. It also offers binary options trading on some of these assets.
Forex.com offers trading on over 4,500 instruments across various asset classes, such as forex, indices, commodities, shares, ETFs and cryptocurrencies. It also offers spread betting on some of these assets for UK and Ireland residents.
AMarkets vs Forex.com Trading Fees Comparison
AMarkets charges different fees depending on the account type and the trading instrument. It offers fixed spreads starting from 2 pips on its Standard account and variable spreads starting from 0.2 pips on its ECN account. It also charges commissions of $2.5 per lot on its ECN account and $10 per lot on its Fixed account. It does not charge any deposit or withdrawal fees but may charge conversion fees for some payment methods. It also charges swap fees for holding positions overnight and may charge inactivity fees for dormant accounts.
Forex.com charges different fees depending on the account type and the trading instrument. It offers variable spreads starting from 0.8 pips on its Standard account and 0.2 pips on its Direct Market Access (DMA) account. It also charges commissions of $5 per 100k traded on its DMA account and $60 per million traded on its Active Trader account. It does not charge any deposit or withdrawal fees but may charge conversion fees for some payment methods. It also charges swap fees for holding positions overnight and may charge inactivity fees for dormant accounts.
AMarkets vs Forex.com Account Types Comparison
AMarkets offers four main account types: Standard, Fixed, ECN and PAMM (for money managers). The minimum deposit for these accounts ranges from $100 to $5000 depending on the account type. The maximum leverage for these accounts ranges from 1:1000 to 1:200 depending on the account type and the trading instrument. The minimum trade size for these accounts is 0.01 lot except for the Fixed account which has a minimum trade size of 0.1 lot. AMarkets also offers Islamic accounts for Muslim traders who follow Sharia law.
Forex.com offers three main account types: Standard, DMA and Active Trader (for high-volume traders). The minimum deposit for these accounts is $250 for the Standard account and $10,000 for the DMA and Active Trader accounts. The maximum leverage for these accounts is 1:200 for all trading instruments except for cryptocurrencies which have a maximum leverage of 1:50 or lower depending on the instrument. The minimum trade size for these accounts is 0.01 lot except for the DMA account which has a minimum trade size of 0.1 lot. Forex.com also offers Islamic accounts for Muslim traders who follow Sharia law.
AMarkets vs Forex.com Deposit Options Comparison
AMarkets offers various deposit and withdrawal options, such as WebMoney, Skrill, Wire transfer, Credit / debit cards, Neteller, UnionPay, Perfect Money, FasaPay, Crypto, Litecoin, AdvCash, Tether (USDT), OnlineNaira and Ethereum. The processing time for these options may vary from instant to several days depending on the option. AMarkets does not charge any deposit or withdrawal fees but may charge conversion fees for some payment methods.
Forex.com offers various deposit and withdrawal options, such as Wire transfer, Credit/debit cards and SOFORT. The processing time for these options may vary from instant to several days depending on the option. Forex.com does not charge any deposit or withdrawal fees but may charge conversion fees for some payment methods.
AMarkets vs Forex.com Trading Platforms Comparison
AMarkets offers two main trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These are popular and widely used platforms that offer various features and tools, such as charting, indicators, expert advisors, scripts, backtesting, automated trading and more. AMarkets also offers a web-based version of these platforms as well as mobile apps for iOS and Android devices
Forex.com offers three main trading platforms: Advanced Trading Platform (ATP), MetaTrader 4 (MT4) and Web Trading Platform. The ATP is a proprietary platform that offers various features and tools, such as charting, indicators, drawing tools, trade signals, automated strategies, market analysis and more. The MT4 is a popular and widely used platform that offers various features and tools, such as charting, indicators, expert advisors, scripts, backtesting, automated trading and more. The Web Trading Platform is a web-based version of the ATP that can be accessed from any browser. Forex.com also offers mobile apps for iOS and Android devices.
AMarkets vs Forex.com Analytical Tools Comparison
AMarkets offers various analytical tools for its clients, such as economic calendar, market news, trading signals, market sentiment, technical analysis and more. These tools can help traders to stay updated on the market events and trends and to make informed trading decisions. AMarkets also offers free education for its clients, such as webinars, seminars, articles, videos and more. These resources can help traders to learn the basics and advanced topics of forex trading and to improve their skills and knowledge .
Forex.com offers various analytical tools for its clients, such as economic calendar, market news, trading signals, market outlooks, technical analysis and more. These tools can help traders to stay updated on the market events and trends and to make informed trading decisions. Forex.com also offers free education for its clients, such as webinars, articles, videos and more. These resources can help traders to learn the basics and advanced topics of forex trading and to improve their skills and knowledge.
AMarkets vs Forex.com . Which forex broker is better? Which forex broker should you choose?
Different brokers may suit different traders depending on their preferences, goals, strategies, risk appetite and trading style. However, you can consider several factors when choosing a forex broker:
- Regulatory: Forex.com is regulated by multiple government agencies in different jurisdictions, which can offer more protection and security to traders than AMarkets, which is regulated by a non-governmental organization.
- Trading Assets: Forex.com offers more trading tools than AMarkets, which can provide more opportunities and diversification for traders looking to trade across more markets and asset classes together.
- Trading Fees: AMarkets offers fixed spreads on some account types, which can be beneficial for traders who want to know their trading costs in advance and avoid variable spreads that can widen in volatile market conditions. However, AMarkets also charges a commission on some of its account types, which may increase trading costs for some traders. Forex.com offers variable spreads on all of its account types, which can be less than fixed spreads under normal market conditions. However, Forex.com also charges a commission on some of its account types, which can increase trading costs for some traders.
- Account Types: AMarkets offers four main account types with different minimum deposit, maximum leverage, minimum trade size and fees. Forex.com offers three main account types with different minimum deposit, maximum leverage, minimum trade size and fees. Both brokers offer Islamic accounts to Muslim traders who follow Sharia law.
- Deposit and Withdrawal Options: AMarkets offers more deposit and withdrawal options than Forex.com, which can provide more convenience and flexibility for traders who want to use different payment methods . However, neither brokers charge any deposit or withdrawal fees but may charge a conversion fee for some payment methods.
- Trading Platforms: Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as their main trading platforms, which are popular and widely used platforms that offer a wide range of features. Various features and tools for traders. However, Forex.com also offers its proprietary Advanced Trading Platform (ATP) and Web Trading Platform, which can provide a number of additional features and tools for traders who prefer the platform. Customizable and web-based.
- Analytical Tools: Both brokers provide different analytical tools to their clients, such as economic calendar, market news, trading signals, market sentiment, analytics technical, etc. These tools can help traders stay up to date with market events and trends, and make informed trading decisions. Both brokers also offer free education to their clients, such as webinars, seminars, articles, videos, and more. These resources can help traders learn basic and advanced topics about forex trading, and improve their skills and knowledge.
Ultimately, choosing a forex broker depends on your personal preferences and needs as a trader. You may want to try the demo accounts of both brokers to test their services and platforms before opening a real account with them. You may also want to read some reviews and testimonials from other traders who have used both brokers to get some insights and feedback from their experience.
