Compare AMarkets vs NordFX
What is AMarkets? What is NordFX ?
AMarkets is an online forex and CFD broker that offers over 250 trading instruments, including currency pairs, metals, indices, commodities, stocks, bonds, and cryptocurrencies.
NordFX is also an online forex and CFD broker that offers over 300 trading instruments, including currency pairs, metals, indices, commodities, stocks, ETFs, and cryptocurrencies.
AMarkets vs NordFX Regulation Comparison
AMarkets is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines and the Financial Commission (FinaCom), an independent dispute resolution organization.
NordFX is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Vanuatu Financial Services Commission (VFSC), and the Securities and Exchange Board of India (SEBI).
AMarkets vs NordFX Trading Assets Comparison
AMarkets and NordFX both offer a wide range of trading assets, but NordFX has a slight edge in terms of diversity and quantity. AMarkets offers 50 currency pairs, 11 metals, 15 indices, 6 commodities, 150 stocks, 10 bonds, and 20 cryptocurrencies.
NordFX offers 60 currency pairs, 15 metals, 17 indices, 10 commodities, 70 stocks, 4 ETFs, and 100 cryptocurrencies.
AMarkets vs NordFX Trading Fees Comparison
AMarkets and NordFX both have competitive trading fees, but they differ in terms of spreads, commissions, and swaps. AMarkets offers variable spreads starting from 0.3 pips on its Standard account and fixed spreads starting from 3 pips on its Fixed account. It also charges a commission of $2.5 per lot on its ECN account.
NordFX offers fixed spreads starting from 2 pips on its Fix account and variable spreads starting from 0.9 pips on its Pro account. It also charges a commission of $3.5 per lot on its Zero account. Both brokers charge swap fees for holding positions overnight, but they vary depending on the instrument and account type.
AMarkets vs NordFX Account Types Comparison
AMarkets and NordFX both have different account types to suit different trading styles and preferences. AMarkets offers four account types: Standard, Fixed, ECN, and Crypto.
NordFX offers five account types: Fix, Pro, Zero, Stocks, and Crypto. The minimum deposit for AMarkets accounts ranges from $0 to $200 depending on the account type. The minimum deposit for NordFX accounts ranges from $10 to $500 depending on the account type.
AMarkets vs NordFX Deposit Options Comparison
AMarkets and NordFX both have various deposit and withdrawal options for their clients. AMarkets accepts payments via bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay, Perfect Money, Bitcoin, Ethereum, Tether, and USDCoin.
NordFX accepts payments via bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet, PayToday, NganLuong.vn, Dragonpay.ph , Triv.co.id , FasaPay , Bitcoin , Ethereum , Tether , USDCoin , Zcash , Litecoin , Dash , Bitcoin Cash , Monero , Ripple , Binance Coin , Stellar , Tron , Neo , Cosmos , Cardano , Chainlink , Uniswap , Polkadot , Dogecoin , Aave , Compound , Maker , SushiSwap , Synthetix Network Token , yearn.finance , Curve DAO Token , Balancer . Both brokers do not charge any fees for deposits or withdrawals.
AMarkets vs NordFX Trading Platforms Comparison
AMarkets and NordFX both provide their clients with access to the popular MetaTrader 4 (MT4) trading platform as well as their own proprietary web-based platforms. MT4 is a widely used platform that offers advanced charting tools,technical indicators, automated trading systems, and market news. AMarkets and NordFX both offer MT4 as a desktop application, a web browser version, and a mobile app for iOS and Android devices. AMarkets also offers MT5, the newer version of MT4, as an option for its clients. NordFX does not offer MT5 at the moment.
AMarkets and NordFX also have their own web-based platforms that are accessible from any device with an internet connection. AMarkets’ web platform is called xStation and it features a user-friendly interface, fast execution, one-click trading, market analysis, trading signals, and social trading. NordFX’s web platform is called NordFX Trader and it features a simple interface, multiple order types, market news, and trading history. Both web platforms do not require any downloads or installations.
AMarkets vs NordFX Analytical Tools Comparison
AMarkets and NordFX both offer various analytical tools to help their clients make informed trading decisions. AMarkets provides its clients with access to Autochartist, a powerful tool that scans the market for trading opportunities based on technical analysis and chart patterns. It also provides market sentiment indicators, economic calendar, trading calculators, and educational materials. NordFX provides its clients with access to Trading Central, a leading provider of market research and analysis. It also provides market news, economic calendar, trading signals, and educational materials. Both brokers also offer webinars, seminars, and articles on various trading topics.
AMarkets vs NordFX . 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. Both AMarkets and NordFX have their own strengths and weaknesses, and they can suit different types of traders. Here are some factors that you can consider when choosing a forex broker:
- Regulation: Both brokers are regulated by reputable agencies, but NordFX has more licenses than AMarkets. This can give you more confidence and protection when trading with NordFX.
- Trading Assets: Both brokers offer a wide range of trading assets, but NordFX has more volume and variety than AMarkets. This can give you more opportunities and flexibility when trading with NordFX.
- Trading Fees: Both brokers have competitive trading fees, but they differ in spreads, commissions, and swaps. You may want to compare fees for the instruments and account types that interest you and see which broker offers better value for money.
- Account Type: Both brokers have different account types to suit different trading styles and preferences. You may want to compare the features and requirements of each account type and see which one suits your needs and expectations.
- Deposit and Withdrawal Options: Both brokers offer various deposit and withdrawal options for their clients. You may want to check the availability, convenience and cost of each payment method and see which broker offers better service and support.
- Trading Platforms: Both brokers provide their clients with access to the popular MT4 platform as well as their own web-based platforms. You may want to test the functionality, performance, and usability of each platform and see which one you like and are comfortable with.
- Analytical Tools: Both brokers offer different analytical tools to help their clients make informed trading decisions. You may want to evaluate the quality, reliability and usefulness of each tool and see which broker offers better resources and education.
In the end, the best way to decide which forex broker is better or which one you should choose is to experiment yourself. You can open a demo account with both brokers and test their services and features without risking real money. You can also read reviews and feedback from other traders who have experience with both brokers. This way, you can make an informed and confident choice that suits your trading needs.
