Compare AMarkets vs FXGiants
What is AMarkets? What is FXGiants ?
AMarkets is an online broker that provides trading services for forex, stocks, indices, commodities, cryptocurrencies and ETFs. It was founded in 2007 and is regulated by the Financial Services Authority of Saint Vincent and the Grenadines.
FXGiants is an online broker that offers trading services for forex, metals, indices, commodities, futures and shares. It was established in 2015 and is regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
AMarkets vs FXGiants Regulation Comparison
Both brokers are regulated by reputable authorities, but FXGiants has more licenses than AMarkets. FXGiants is also a member of the Financial Services Compensation Scheme (FSCS) in the UK, which protects clients’ funds up to £85,000 in case of broker insolvency.
AMarkets is only regulated by the FSA of Saint Vincent and the Grenadines, which is a less strict regulator than the FCA, ASIC or CySEC. AMarkets does not offer any compensation scheme for its clients, but it claims to have segregated accounts and insurance coverage from the Financial Commission.
AMarkets vs FXGiants Trading Assets Comparison
Both brokers offer a wide range of trading assets, but AMarkets has more options than FXGiants. AMarkets offers over 500 instruments, including 44 currency pairs, 427 stocks, 27 cryptocurrencies, 18 commodities, 16 indices and 19 ETFs.
FXGiants offers over 200 instruments, including 50 currency pairs, 120 stocks, 6 cryptocurrencies, 17 commodities, 26 indices and 3 futures.
AMarkets vs FXGiants Trading Fees Comparison
Both brokers charge variable spreads and commissions depending on the account type and trading platform. AMarkets offers three account types: Standard, Fixed and ECN. The Standard account has floating spreads starting from 1.3 pips and no commissions. The Fixed account has fixed spreads starting from 3 pips and no commissions. The ECN account has floating spreads starting from 0.2 pips and commissions of $2.5 per lot per side.
FXGiants offers six account types: Micro, Premium, Zero Fixed Spread, Zero Spread STP/ECN, Absolute Zero STP/ECN and Absolute Zero Plus STP/ECN. The Micro account has floating spreads starting from 1.1 pips and no commissions. The Premium account has floating spreads starting from 0.7 pips and no commissions. The Zero Fixed Spread account has fixed spreads starting from 0 pips and commissions of $18 per lot per side. The Zero Spread STP/ECN account has floating spreads starting from 0 pips and commissions of $9 per lot per side. The Absolute Zero STP/ECN account has floating spreads starting from -0.3 pips and no commissions. The Absolute Zero Plus STP/ECN account has floating spreads starting from -0.2 pips and no commissions.
AMarkets vs FXGiants Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. AMarkets offers four account types: Standard, Fixed, ECN and Crypto. The Standard account is suitable for traders who want variable spreads and no commissions. The Fixed account is suitable for beginners who want fixed spreads and no commissions. The ECN account is suitable for professional traders who want low spreads and fast execution through a prime broker. The Crypto account is suitable for traders who want to trade cryptocurrencies with an account denominated in bitcoin.
FXGiants offers six account types: Micro, Premium, Zero Fixed Spread, Zero Spread STP/ECN, Absolute Zero STP/ECN and Absolute Zero Plus STP/ECN. The Micro account is suitable for traders who want low minimum deposit ($100) and variable spreads with no commissions. The Premium account is suitable for traders who want lower spreads with no commissions and higher minimum deposit ($2,500). The Zero Fixed Spread account is suitable for traders who want fixed spreads with commissions and higher minimum deposit ($500). The Zero Spread STP/ECN account is suitable for traders who want variable spreads with commissions and higher minimum deposit ($500). The Absolute Zero STP/ECN account is suitable for traders who want negative spreads with no commissions and higher minimum deposit ($500). The Absolute Zero Plus STP/ECN account is suitable for traders who want lower negative spreads with no commissions and higher minimum deposit ($20,000).
AMarkets vs FXGiants Deposit Options Comparison
Both brokers offer various deposit and withdrawal options, but AMarkets has more choices than FXGiants. AMarkets accepts deposits and withdrawals via bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, Bitcoin, Ethereum, Tether and more. AMarkets does not charge any fees for deposits and withdrawals, except for bank wire transfers which may incur bank fees.
FXGiants accepts deposits and withdrawals via bank wire transfer, credit/debit cards, Skrill, Neteller, UnionPay, Dotpay, Trustly and more. FXGiants does not charge any fees for deposits and withdrawals, except for bank wire transfers which may incur bank fees.
AMarkets vs FXGiants Trading Platforms Comparison
Both brokers offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are compatible with Windows, Mac, iOS and Android devices. Both platforms support multiple order types, charting tools, indicators, expert advisors and automated trading.
AMarkets also offers its own mobile app for iOS and Android devices, which allows traders to access their accounts, trade on the go, receive market news and analysis, and contact customer support.
FXGiants does not have its own mobile app, but it offers the MT4 WebTrader, which is a web-based version of the MT4 platform that can be accessed from any browser without downloading or installing anything.
AMarkets vs FXGiants Analytical Tools Comparison
Both brokers provide various analytical tools to help traders make informed decisions. AMarkets offers market news, economic calendar, trading signals, webinars, video tutorials, articles and more.
FXGiants offers market news, economic calendar, trading signals, webinars, video tutorials, articles and more.
AMarkets vs FXGiants . Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals, risk appetite, budget and level of experience. However, there are a few factors you can consider:
- If you value regulation and security, you may prefer FXGiants, as it has more licenses and payouts than AMarkets.
- If you value diversity and flexibility, you may prefer AMarkets as it has a wider range of assets and trading account types than FXGiants.
- If you value cost-effectiveness and transparency, you can compare the spreads and commissions of both brokers and choose the account type that suits your trading style and budget.
- If you value convenience and accessibility, you can compare the deposit and withdrawal options of both brokers and choose the one that offers more options and lower fees.
- If you value functionality and performance, you can compare the trading platforms of both brokers and choose the one that offers more features and compatibility.
- If you value education and support, you can compare the analysis tools of both brokers and choose one that offers more resources and support.
Finally , you can choose the broker that suits your preferences and needs .
