Advanced Markets is regulated by ASIC and it has a high trust score of 70 out of 100. Advanced Markets offers leverage up to 1:100 and from 0.5 pips with minimum deposit amounts ranging from $250 / R 4 297 to $20 000 / R 338 800.
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
Advanced Markets Review – 16 Key Points Quick Overview
By delivering anonymous, low latency access to multi-bank, multi-asset liquidity, Advanced Markets presents a compelling alternative to the single and multi-bank RFQ and ECN models currently available to institutional traders.
Advanced Markets Overview
According to research in South Africa, Advanced Markets offers wholesale services to institutional clients globally, also providing trade execution and prime brokerage solutions directly to banks, hedge funds, commodity trading advisors, corporations, and other institutional market participants.
The Advanced Markets model takes the competitive, multi-bank elements of RFQ platforms and combines them with the low latency, transparency, and anonymity of ECNs, servicing traders seeking consistent, interbank liquidity.
Advanced Markets is incorporated in the Cayman Islands, and operates as a registered foreign company that is highly capitalized and jointly owned by Macquarie Americas Corp Inc., a wholly-owned subsidiary of Macquarie Bank.
While the company offers a solution to wholesale and corporate clients, retail traders will also benefit from the broker’s unmatched reliability, Prime of Prime credit solutions, and full direct access to a bank, non-bank, and ECN multi-asset class liquidity on tight spreads.
Advanced Markets delivers a guarantee on all client positions that are instantly passed straight through the liquidity providers without taking any Market risk.
Advanced Markets Safety and Security
Typically many offshore brokers are signaled as being unsafe due to the lax regulatory environment of regions outside of the jurisdiction of prime markets’
However, Advanced Markets is registered under the Australian financial services license (AFSL) No. 444649 and is a registered foreign entity by the Australian Securities & Investments Commission (ASIC).
This is a trusted and well-regulated securities regulator so this Cayman Islands-based broker is able to enjoy the ability of a broader offering under Cayman Islands governance, while still operating in a regulated and safe environment under the auspices of ASIC.
This means that traders will be able to enjoy the benefits of the broker’s broad and leading offering while in a safe trading environment offered by the broker’s trusted regulator.
Added to this, Advanced Markets’ liquidity providers and partner banks encompass many of the world’s largest, and most highly-rated, financial institutions.
These institutions, alongside several multibank ECNs, are fully integrated within the firm’s operating and credit infrastructures, allowing Advanced Markets to provide live, executable, multi-provider liquidity and a virtual clearing network.
Advanced Markets Sign-Up Bonus
Advanced Markets offers a free 50 %sign-up bonus when a trader funds his account. When traders register a real account with Advanced Markets and deposit money, they are offered this deposit bonus or welcome bonus.
The bonuses may be the best way for brokers to attract new clients to register for a real account. The Bonus depends on the amount that traders deposit.
| 🌐 Account | Advanced Markets Sign Up Bonus |
| 💰 Minimum Deposit | $250 / R 4 296,94 |
| 💳 Sign-up Bonus | 50% |
| 👉 Open a account | 👉 Click Here |
Advanced Markets Minimum Deposit
Advanced Markets requires a minimum deposit of $ 250 to open its trading account. The minimum required amount to set up an account can further depend on what type of client you are, yet, the minimum amount remains at $2 500 USD for the standard account.
This minimum deposit amount was equivalent to about ZAR 4 296,94 at the average exchange rate between the US Dollar and the South African Rand at the time of writing.
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.
All accounts offer a variety of trading platforms including MetaTrader 4, MetaTrader 5, and cTrader. They also offer 24/5 customer support and a range of educational resources to help traders improve their skills.
Advance Markets is a provider of institutional-grade liquidity and technology solutions for foreign exchange and precious metal markets.
The main difference between the three accounts offered by Advanced Markets is the type of access to liquidity and technology solutions that they provide to traders.
Prime of Prime (PoP) Account:
This account is designed for professional traders and institutional clients who require deep institutional-grade liquidity and technology solutions. It offers direct access to multiple Tier-1 banks and ECNs, as well as tight spreads and fast execution speeds.
DMA Account:
The Direct Market Access (DMA) account allows traders to access the interbank market and trade directly with liquidity providers. It offers transparent pricing, low latency, and fast execution speeds.
STP Account:
The Straight Through Processing (STP) account is designed for retail traders who want to trade with low spreads and fast execution speeds, but don’t require access to the interbank market. Trades are executed through a bridge to liquidity providers.
In general, the PoP account offers the highest level of liquidity and technology solutions, followed by the DMA account and the STP account. The PoP account is intended for professional and institutional traders who demand the highest level of execution and technology, while the DMA and STP are intended for retail traders who want access to institutional-level liquidity with a more “retail” type execution.
How to Open an Advanced Markets Account – Step-by-Step Guide
Advanced Markets only offers a single type of trading account for individual clients, making applying for an account very simple.
Step 1 –Follow the Open Account link
You have the choice of opening a demo account before a live account. All Live and funded clients are entitled to a Non-Expiring Demo Account for strategy backtesting. Navigate to the demo account registration portal by clicking the link on the broker’s homepage.
Step 2 – Upload further information
Fill out the online registration form with your personal details. This will include your full name, email address, contact number, and country of residence.
Step 3 – Complete the Questionnaire
- Click ‘next’ to submit your application.
There is also the option of opening a demonstration account for free which allows the user to try out the trading platform and experiment with trading strategies before making a decision about whether or not this is the right broker
Step 4 – Verify your account
- Click ‘next’ to submit your application.
Step 5– Submit your account
Verify your account through the link on your email and get access to your account area and Demo trading.
Advanced Markets Demo Account
Advanced Markets provides only one type of trading account for individual clients, making the process of applying for an account very simple. The broker, however, does offer an option to open a demo account free of charge.
This account will allow the user to try out the trading platform and experiment with trading strategies before deciding whether to join this broker for trading.
| ✔️ Regulation | NFA, ASIC, FCA |
| 🆓 Demo account | ☑️ Yes |
| ☪️ Islamic account (swap free) | ☑️ Yes |
| 📈 Institutional accounts | ☑️ Yes |
| 📈 Managed accounts | ☑️ Yes |
| 📊 Maximum leverage | 1:100 |
| 💳 Minimum deposit | $250 / R 4 296,94 ZAR |
| 🚀 Open an Account | 👉 Click Here |
Advanced Markets Trading Platform
| 🔎 Broker | 🥇Advanced Markets |
| 🔁 Formerly Known as | - |
| 🖥️ Trading Platform | MetaTrader 4 |
| 📊 Chart View | Execute Trades |
| 📈 Market Watchlists | Custom |
| 📉 Smart News | ☑️ Yes |
| ⚙️ Trading Signals | NFA, ASIC, FCA |
| 💻 Mobile Trading | Yes |
| ✅ MetaTrader4 | ☑️ Yes |
| 🚀 Open an Account | 👉 Click Here |
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 Fees, Spreads, and Commissions
Advanced Markets Fees Spreads and Commissions vary according to the account type that the trader is using. Advanced Markets spread list starts from 0.5 pips.
| 🔎 Broker | 🥇 Advanced Markets |
| 📌 Formerly known as | - |
| 📈 Trading Fees Class | Low |
| 💰 Required Min Deposit | $250 / R 4 296,94 ZAR |
| 💰 Deposit options | Wire transfer |
| 💰Withdrawal options | Wire transfer |
| 👍 Demo Account | Yes |
| 💻Platform(s) provided | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic |
| 📝 Average Spread | 1: 100 |
Advanced Markets Deposit and Withdrawals
The company’s required minimum deposit varies depending on the type of client. However, there is a minimum of $ $250 / R 4 296,94 ZAR for first account openings.
The company only offers a single option for crediting a trading account, namely through the traditional option of bank wire transfer.
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 Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “Advance Markets” is entered into Google’s search engine over a given period of time.
Advanced Markets vs Etoro vs XM – A Comparison
| 🔎 Broker | 🥇 Advanced Markets | 🥈 eToro | 🥉 XM |
| 🎉 Rebranded to | - | - | - |
| 💰 Minimum Deposit | $250 / R 4 296,94 ZAR | $1000 USD | $5 USD |
| 📝 Sign-Up Bonus | ☑️ Yes | ☑️ Yes | ☑️ Yes |
| ➖ Min. Spread | 1: 100 | 3 | 1 |
| ➕ Max. Leverage | 1:100 | 1:400 | 1:888 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Advanced Markets Pros and Cons
| ✔️ Pros | ❌ Cons | |||
| 1. Advanced trading platforms | 1. One account type | |||
| 2. Partnership programs | 2. No educational tools | |||
| 3. 24 hour support | 3. Limited research tools | |||
| 4. Well regulated |
Conclusion
Advanced Markets is a trustworthy and reliable broker that provides traders with ample digital tools. Advanced Markets is a provider of direct market access trading in precious metals, CFDs, and spot Forex to both individuals and commercial clients.
Disclaimer
Advanced Markets LTD holds an Australian Financial Services License (AFSL) 444649 and only provides services to clients who meet the definition of ‘wholesale’ client under the Corporations Act 2001.
The Australian Securities and Investments Commission will not extend investor protections to clients receiving financial services outside of Australia.
Please be aware that off-exchange foreign currency transactions carry a high degree of risk and are not suitable for many investors, According to research in South Africa.
You might also like: Advanced Markets Account Types Overview
You might also like: Advanced Markets Demo Account – Step by Step
You might also like: Advanced Markets Fees and Spreads
You might also like: Advanced Markets Minimum Deposit
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Frequently Asked Questions
Are Advanced Markets a fake or a scam?
Our Review of Advanced Markets reveals that the broker is not a scam. It is registered under the Australian Financial Services and it is a registered foreign entity by ASIC in Australia.
How many instruments can I trade with Advanced Markets?
Currencies: (65+) / Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum / CFD: (60+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities.
What is the overall rating for Advanced Markets?
The overall rating for Advanced Markets is 7/10.
Which platforms are supported by Advanced Markets?
Advanced Markets provides the following popular trading platforms:
- MetaTrader 4
- Fortex 5 Desktop
- Fortex 6 Web
- Currenex Classic
Where is the headquarters of Advanced Markets?
The headquarters is based in the Cayman Islands
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