Compare AMarkets vs Weltrade
What is AMarkets? What is Weltrade ?
AMarkets is a forex and CFD broker that offers trading on various instruments, such as currency pairs, metals, stocks, indices, commodities, and cryptocurrencies. AMarkets is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
Weltrade is also a forex and CFD broker that provides trading on similar instruments, as well as binary options and ETFs. Weltrade is regulated by the International Financial Services Commission (IFSC) of Belize.
AMarkets vs Weltrade Regulation Comparison
Both brokers are regulated by offshore authorities, which may not offer the same level of protection and oversight as more reputable regulators, such as the FCA, ASIC, or CySEC. However, Weltrade has more licenses than AMarkets, as it is also authorized by the FSCA of South Africa, the CySEC of Cyprus, the ASIC of Australia, the FSA of Seychelles, and the FSC of British Virgin Islands.
AMarkets vs Weltrade Trading Assets Comparison
Both brokers offer a wide range of trading assets, including forex, CFDs, metals, stocks, indices, commodities, and cryptocurrencies. However, Weltrade has more options than AMarkets, as it also offers binary options, ETFs, bonds, agriculture, and physical stocks.
AMarkets vs Weltrade Trading Fees Comparison
Both brokers charge fixed spreads on their trading accounts, which means that the spread does not change according to market conditions. However, the actual spread values may vary depending on the account type, the instrument, and the market volatility. AMarkets offers spreads from 0.3 pips on its Standard account and from 0 pips on its ECN account (with a commission of $2.5 per lot). Weltrade offers spreads from 1 pip on its Micro account and from 0 pips on its Pro account (with a commission of $4 per lot).
AMarkets vs Weltrade Account Types Comparison
Both brokers offer multiple account types to suit different trading styles and preferences. AMarkets has four account types: Standard (minimum deposit $100), Fixed (minimum deposit $100), ECN (minimum deposit $200), and Crypto (minimum deposit $100). Weltrade has five account types: Micro (minimum deposit $25), Premium (minimum deposit $200), Pro (minimum deposit $500), ZuluTrade (minimum deposit $200), and Crypto (minimum deposit $50).
AMarkets vs Weltrade Deposit Options Comparison
Both brokers support various payment methods for depositing and withdrawing funds from their trading accounts. AMarkets accepts bank wire transfers, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, Bitcoin, Ethereum, Litecoin, Ripple, Tether, and other local methods. Weltrade accepts bank wire transfers, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay, Bitcoin, Ethereum, Litecoin, Ripple, Tether, AstroPay, and other local methods.
AMarkets vs Weltrade Trading Platforms Comparison
Both brokers use MetaTrader 4 and MetaTrader 5 as their main trading platforms. These are popular and reliable platforms that offer advanced charting tools, technical indicators, trading robots, and social trading features. However, Weltrade also provides its own web-based platform called WebTrader, which allows traders to access the markets from any browser without downloading any software.
AMarkets vs Weltrade Analytical Tools Comparison
Both brokers offer various analytical tools to help traders with their market analysis and trading decisions. AMarkets provides daily market reviews, economic calendar, trading signals, webinars, and educational materials. Weltrade offers daily market reviews, economic calendar, trading signals, trading calculators, webinars, and educational materials.
AMarkets vs Weltrade . Which forex broker is better? Which forex broker should you choose?
Choosing a suitable broker depends on your personal preferences, trading goals, risk appetite and budget. However, you can refer to some general tips on how to compare and rate forex brokers:
- Check their regulations and reputation. You want to trade with a broker that is licensed by a reputable authority and has a good record of customer service. You can also check online reviews, ratings and testimonials from other traders to see their experience and satisfaction with the broker.
- Compare their trading conditions and fees. You want to trade with a broker that offers competitive spreads, commissions, swaps and other fees. You also want to check leverage, margin requirements, execution speed, slippage, requotes and order types. You should find a broker that suits your trading style and strategy.
- Compare their trading platforms and tools. You want to trade with a broker that offers a reliable and user-friendly trading platform that suits your needs and preferences. You also want to check out their analysis tools, such as charts, indicators, signals, news and education. You should look for a broker that supports your trading decisions and market analysis.
- Compare their customer service and support. You want to trade with a broker that offers fast and helpful customer service and support. You will be able to contact them easily via phone, email, chat or social media. You should also check out their availability, language options, and problem-solving skills.
These are some of the factors that you can consider when comparing and choosing a forex broker. However, the final decision is yours based on your own research and judgment.
