Advanced Markets Account Types vary according to what traders require. Advanced Markets provides only one single type of trading account for individual clients.
Advanced Markets at a Glance
| 🔎 Broker's Name | Advanced Markets |
| 📍 Headquartered | Charlotte, North Carolina |
| 📅 Year Founded | 2006 |
| ⚖️ Regulating Authorities | NFA, ASIC, FCA |
| 🌐 Countries not accepted for trade | China, United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:100 |
| 💰 Minimum Deposit | $250 / R 4 296,94 ZAR |
| 💳 Deposit Options | Wire transfer |
| 💳 Withdrawal Options | Wire transfer |
| 💻 Platform Types | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic |
| 📱 OS Compatibility | Linux, Mac OS and Windows, Android and iOS mobile |
| 📈 Tradable Assets | Currencies: 65+ Cryptocurrencies: 5+, including Bitcoin, Litecoin and Ethereum CFD: 60+ including Gold, Silver, Stocks, Stock Indexes, Oil, and Other Commodities |
| 👨💼 Languages supported on Website | English |
| 👥 Customer Support Languages | English |
| 📆 Customer Service Hours | 24 hours per day, 7 days per week |
| 👉 Open a account | 👉 Open Account |
Min Deposit
USD 250
Regulators
NFA, ASIC, FCA
Trading Platform
MT4, Forex 5 Desktop, Fortex 6 Web, Currenex Classic
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Advanced Markets Account Types below.
Advanced Markets Account Types – 8 key points quick overview
Here is an overview of the Advanced Markets Account types as well as the treading features and benefits offered for each account.
Advanced Markets – Overview
Advanced Markets is an ECN broker with a head office in Charlotte, North Carolina but the company is registered in the Cayman Islands as a broker.
Advanced Markets is a Futures Commission Merchant (FCM) and Foreign Exchange Dealer (FDM) registered with the Commodities Futures Trading Commission (CFTC).
The broker was established in 2006 and its activity is regulated by both the Australian Securities and Investments Commission (ASIC) and the National Futures Association (NFA).
The company focuses on giving all its customer’s great pricing, great service, and fast and efficient execution through relationships with leading foreign exchange banks and interbank participants that make up the price liquidity of the foreign exchange market.
In accordance with ASIC requirements, customers’ funds are kept on segregated accounts in international banks such as the Bank of America, UBS, Macquarie Bank, and Deutsche Bank.
This privately held company has outside investors in the likes of Macquarie Americas Corp Inc and is licensed as an Australian Financial Services Licensee. The firm has a team of skilled and experienced investment professionals that leads the company forward into the future.
Advanced Markets provides its clients with solutions for direct access to several markets. The company offers currency pairs, precious metals, and CFDs on financial products and commodities for trading and renders its services to wholesale clients, fund managers, and institutional traders and has more than 40 thousand clients in more than 30 countries.
Institutional clients from all over the world enjoy the broker’s wholesale services, with trading and primary brokerage solutions being available for banks, hedge funds, commodity trading consultants, corporations, and other institutional market participants.
Retail traders on the other hand can also benefit from the broker’s reliability, credit solutions, and direct access to multi-asset banking, non-banking services, and ECN liquidity at narrow spreads.
Advanced Markets requires a large minimum deposit of $2 500 to open an account, which means that traders may also suffer significant losses.
Clients who run into trouble or need advice can receive informational and technical support via telephone, email, or Skype.
Advanced Markets Account Types
Advanced Markets provides only one single type of trading account for individual clients, making applying for a Standard Account very simple. Traders can, however, also open a Mini Account.
There is however the option of opening a demonstration account for free, with which a user will be able to first try out the trading platform or experiment with trading strategies before deciding whether this is the best broker to join according to his needs.
The broker unfortunately does not offer the option to open an Islamic, or swap-free, account.
The minimum deposit required to open either a Standard account or a Mini account is $2 500/R35 500.
Advanced Markets Account Features
The minimum position size for an Advanced Markets standard account is 0.01, with pip spread on majors between 0.5 and 2.
Spread is fixed, and the maximum leverage ratio allowed is 1: 100.
The minimum deposit required to open an account is $2 500
The only payment method that can be used to fund the account is Bank Wire Transfer.
Several account currencies can be used, however, including EUR, USD, or GBP.
Available assets like metals, stocks, and futures can be traded.
Other features include:
Round-the-clock technical support
Instant Execution
They do not trade against the client
One-click or two-click trading
No re-prices or re-quotes
Trader’s choice of margin level up to 1% margin
No deal desk.
| 🌐 Account | Advance Account | Advanced Plus Account | Raw Spread Account |
| 💰 Minimum Deposit | $1000/R15 060 | $250/R3760 | $20 000/R301 295 |
| 💻 Platform Types | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic |
| 📈 Maximum Leverage | 1:400 | 1:400 | 1:200 |
| 👍 Demo Account | Yes | Yes | Yes |
| 💰 Spreads | from 0.9 pips | from 1.3 pips | from 0.0 pips |
| 📱 OS Compatibility | Linux, Mac OS and Windows, Android, and iOS mobile | Linux, Mac OS and Windows, Android, and iOS mobile | Linux, Mac OS and Windows, Android, and iOS mobile |
| 👉 Open a account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Advanced Markets Demo Account
Advanced Markets offers traders the option of opening a Demo Account which can be utilized for the following purposes:
- As practice account for beginner traders who want to improve their trading skills and experience in a risk-free environment with the provided virtual funds.
- For traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.
- For traders who are evaluating and comparing brokers who would like to explore Advanced Markets’s trading conditions in a risk-free environment.
Min Deposit
USD 250
Regulators
NFA, ASIC, FCA
Trading Platform
MT4, Forex 5 Desktop, Fortex 6 Web, Currenex Classic
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Advanced Markets Islamic Account
Advanced Markets does not offer Muslim traders who follow the Sharia law the option to open and trade with an Islamic or swap-free account.
The purpose of an Islamic Account is to provide trading opportunities specifically for Muslim traders who strictly adhere to the Sharia law. The law prevents followers from paying any type of interest, such as overnight fees, which is perceived as wasteful or exploitative.
Overnight fees are charged when traders hold positions open for longer after the trading day has concluded and the swap-free account allows an exclusion from such fees or interest, should they hold positions open for longer.
Traders must, however, take note that there are certain features indicated on the Islamic account which may differ vastly from the other individual account types, such as minimum deposits, spreads, and more.
Traders who are interested in registering for an Islamic account must contact the broker’s customer support team to verify the availability and current conditions of such an account as conditions may have changed from the time of writing.
Advanced Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Broker is regulated by reputable authority | High minimum deposit required to open an account |
| No re-prices or re-quotes | Limited account options available |
| Good customer service | No 24/7 support |
| One-click or two-click trading possible | No Islamic account option provided |
| Segregated accounts used for customers’ funds | Only one way to fund accounts or withdraw funds |
| Trades are instantly executed | |
Conclusion
Advanced Markets Account Types vary according to what traders require. The broker offers trading services and solutions to traders across the globe and is regulated through the strict regulations of the FCA, ASIC, CySEC, and EFSA.
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Frequently Asked Questions
Which live trading accounts does Advanced Markets offer?
- Standard account
- Mini account
Does Advanced Markets offer leverage?
Yes, Advanced Markets offers maximum leverage of up to 1: 100
Does Advanced Markets offer an Islamic Account?
No, the broker does not offer an Islamic Account.
How long does it take for Advanced Markets trading accounts to be active?
The activation time of a trading account with this broker is 24 Hours.
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