Compare AMarkets vs MTrading
What is AMarkets? What is MTrading ?
AMarkets is an online Forex and CFD broker that provides trading through the MT4 and MT5 platforms. It was founded in 2007 and offers over 400 tradeable assets with leverage up to 1:3000 and spreads from 0.2 pips. It is a member of the Financial Commission and claims to have order execution quality confirmed by Verify My Trade.
MTrading is an offshore broker that offers a simple trading experience through the MT4 platform. It was founded in 2012 and offers over 100 tradeable assets with leverage up to 1:1000 and spreads starting at around 1.2 pips. It also provides social trading and partnership programs. It is not regulated by any authority but claims to act in compliance with international legislation and standards.
AMarkets vs MTrading Regulation Comparison
AMarkets is not regulated by any major financial regulator, but it is a member of the Financial Commission, which is an independent mediator and external dispute resolution organization. The Financial Commission provides protection for AMarkets’ clients with the compensation fund for up to €20,000 per claim.
MTrading is also not regulated by any major financial regulator, and it is not a member of any dispute resolution organization. It states that it acts in full compliance with international legislation and standards, but it does not provide any details or evidence of its compliance.
AMarkets vs MTrading Trading Assets Comparison
AMarkets offers a wide range of trading assets, including 44 currency pairs, 16 indices, 18 commodities, 27 cryptocurrencies, 427 stocks, and 19 ETFs.
MTrading offers a smaller range of trading assets, including 30 currency pairs, 9 indices, 4 commodities, 3 cryptocurrencies, and 60 stocks.
AMarkets vs MTrading Trading Fees Comparison
AMarkets charges variable spreads depending on the account type and market conditions. The average spread for the EUR/USD pair is around 0.8 pips for the Standard account, 0.5 pips for the Fixed account, and 0.2 pips for the ECN account. There are no commissions for the Standard and Fixed accounts, but there is a commission of $2.5 per lot for the ECN account.
MTrading also charges variable spreads depending on the account type and market conditions. The average spread for the EUR/USD pair is around 1.2 pips for the Classic account and 0.9 pips for the Pro account. There are no commissions for either account.
AMarkets vs MTrading Account Types Comparison
AMarkets offers four types of accounts: Standard, Fixed, ECN, and Crypto. The Standard account has floating spreads starting at 1.3 pips and participates in the cashback program. The Fixed account has fixed spreads starting at 3 pips and also participates in the cashback program. The ECN account has floating spreads starting at 0 pips and orders are executed through a top-tiered prime broker. The Crypto account has an account balance denominated in bitcoin (MBT) and allows trading of cryptocurrencies.
MTrading offers two types of accounts: Classic and Pro. The Classic account has floating spreads starting at 1.2 pips and allows trading of forex, indices, commodities, and stocks. The Pro account has floating spreads starting at 0 pips and allows trading of forex only.
AMarkets vs MTrading Deposit Options Comparison
AMarkets offers various deposit and withdrawal options, including bank cards (Visa/Mastercard), electronic payment systems (Skrill/Neteller), cryptocurrencies (Bitcoin/Ethereum), local bank transfers, and other methods depending on the country of residence. There are no fees for deposits or withdrawals, except for bank transfers which may incur fees from intermediary banks.
MTrading also offers various deposit and withdrawal options, including bank cards (Visa/Mastercard), electronic payment systems (Skrill/Neteller), local bank transfers, and other methods depending on the country of residence. There are no fees for deposits or withdrawals, except for bank transfers which may incur fees from intermediary banks.
AMarkets vs MTrading Trading Platforms Comparison
AMarkets provides two trading platforms: MetaTrader 4 and MetaTrader 5. Both platforms are available for desktop, web, and mobile devices. They offer advanced trading tools, indicators, charts, and expert advisors. AMarkets also provides additional features such as Autochartist, Trading Central, and One Click Trading.
MTrading provides only one trading platform: MetaTrader 4. It is also available for desktop, web, and mobile devices. It offers similar trading tools, indicators, charts, and expert advisors as AMarkets. MTrading also provides additional features such as MTrading Protect, MTrading Booster, and MTrading Academy.
AMarkets vs MTrading Analytical Tools Comparison
AMarkets offers various analytical tools and resources for its clients, such as daily economic reviews, market news, trading signals, webinars, articles, and videos. It also provides social trading through the RAMM platform, which allows clients to copy the trades of professional traders or offer their own strategies for copying.
MTrading also offers various analytical tools and resources for its clients, such as market news, trading signals, webinars, articles, and videos. It also provides social trading through the MQL5 community, which allows clients to copy the trades of other traders or offer their own signals for copying.
AMarkets vs MTrading . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading goals, risk appetite and other factors. You should do your research and due diligence before opening an account with any broker. You should also be aware of the risks and challenges associated with forex trading, such as market volatility, leverage, regulation, and scams. Finally , you can choose the most suitable broker .
