Compare AMarkets vs ForexMart
What is AMarkets? What is ForexMart ?
AMarkets is an online broker that provides trading services in forex, CFDs, stocks, indices, commodities and cryptocurrencies since 2007. It is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines and claims to have over 350,000 clients worldwide.
ForexMart is an online broker that offers trading services in forex, CFDs and cryptocurrencies. It is regulated by the Financial Conduct Authority (FCA) of the UK and the Cyprus Securities and Exchange Commission (CySEC) and claims to have over 100,000 clients worldwide.
AMarkets vs ForexMart Regulation Comparison
AMarkets is regulated by the FSA of Saint Vincent and the Grenadines, which is a low-tier offshore regulator that does not offer much protection or oversight to traders. AMarkets does not offer any client protection or compensation scheme in case of insolvency or fraud.
ForexMart is regulated by the FCA of the UK and the CySEC of Cyprus, which are high-tier regulators that impose strict rules and standards on brokers. ForexMart offers client protection and compensation schemes up to £85,000 in the UK and €20,000 in Cyprus in case of insolvency or fraud.
AMarkets vs ForexMart Trading Assets Comparison
AMarkets offers over 500 trading instruments, including 42 currency pairs, 7 cryptocurrencies, 144 stocks, 18 commodities and 16 indices. It also offers CFDs on various assets.
ForexMart offers over 300 trading instruments, including 100 currency pairs, 27 cryptocurrencies, 427 stocks, 19 ETFs and 4 metals. It also offers CFDs on various assets.
AMarkets vs ForexMart Trading Fees Comparison
AMarkets offers three account types: Standard, Fixed and ECN. The Standard account has floating spreads starting from 1.3 pips and no commission. The Fixed account has fixed spreads starting from 3 pips and no commission. The ECN account has floating spreads starting from 0.4 pips and a commission of $2.5 per lot per side.
ForexMart offers two account types: Classic and Pro. The Classic account has floating spreads starting from 1 pip and no commission. The Pro account has floating spreads starting from 0 pips and a commission of $2 per lot per side.
AMarkets vs ForexMart Account Types Comparison
AMarkets offers three account types: Standard, Fixed and ECN. The minimum deposit for all accounts is $100. The maximum leverage for all accounts is 1:1000. The minimum trade size for all accounts is 0.01 lot. The Standard and Fixed accounts participate in the cashback program that rewards traders with up to $14 per lot traded.
ForexMart offers two account types: Classic and Pro. The minimum deposit for the Classic account is $1 and for the Pro account is $200. The maximum leverage for both accounts is 500:1. The minimum trade size for both accounts is 0.01 lot.
AMarkets vs ForexMart Deposit Options Comparison
AMarkets offers various deposit and withdrawal options, including bank transfer, credit/debit cards, e-wallets (such as Skrill, Neteller, WebMoney), cryptocurrencies (such as Bitcoin, Ethereum) and local payment methods (such as FasaPay). There are no deposit or withdrawal fees charged by AMarkets.
ForexMart offers various deposit and withdrawal options, including bank transfer, credit/debit cards (such as Visa, Mastercard, Maestro), e-wallets (such as Skrill, Neteller) and local payment methods (such as PayCo). There are no deposit fees charged by ForexMart, but there are withdrawal fees depending on the method used.
AMarkets vs ForexMart Trading Platforms Comparison
AMarkets offers two trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available as desktop applications, web browsers or mobile apps. They offer advanced charting tools, technical indicators, expert advisors, market news and signals.
ForexMart offers one trading platform: MetaTrader 4 (MT4). It is available as a desktop application, web browser or mobile app. It offers similar features as AMarkets’ MT4 platform.
AMarkets vs ForexMart Analytical Tools Comparison
AMarkets offers various analytical tools to help traders with their trading decisions, such as market reviews, economic calendar, trading signals, webinars, trading calculators and indicators.
ForexMart offers some analytical tools to help traders with their trading decisions, such as market news, economic calendar, trading signals and indicators.
AMarkets vs ForexMart . Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals and risk appetite. However, you can see that AMarkets and ForexMart have some advantages and disadvantages compared to each other. For example, AMarkets has more trading instruments, higher leverage and no withdrawal fees, but ForexMart has lower spreads, better regulations and more account options. You should weigh the pros and cons of each broker and decide which broker best suits your needs. You can also try out their demo account to test their platform and services before opening a real account.
