AM Broker offers three types of accounts – a Retail Account, a Professional Account, and an Institutional Account as well as an option to open an Islamic or Swap Free Account.
AM Broker at a Glance
| 🔎 Broker's Name | AM BROKER | ||||
| 📍 Headquartered | Kingstown, St. Vincent and the Grenadines | ||||
| 📅 Year Founded | 2018 | ||||
| ⚖️ Regulating Authorities | Offshore broker, regulated only by SVGFSA | ||||
| 🌐 Countries not accepted for trade | United States, Japan Canada, the EU and New Zealand | ||||
| ☪️ Islamic account (swap-free) | Yes | ||||
| 👍 Demo Account | Yes | ||||
| 📊 Institutional Accounts | Yes | ||||
| 📊 Managed Accounts | Yes | ||||
| 📈 Maximum Leverage | 1:500 | ||||
| 💰 Minimum Deposit | $1000 / R14 900 | ||||
| 💳 Deposit Options | VISA and MasterCard or electronic payment methods such as Neteller, FastPay, and Skrill | ||||
| 💳 Withdrawal Options | VISA and MasterCard | ||||
| 💻 Platform Types | iOS/Android apps. | ||||
| 📱 OS Compatibility | Web, iOS, Android | ||||
| 📈 Tradable Assets | Currency pairs – over 100 currency pairs including major, minor, and exotic currencies. CFDs on indices – 20 stock indices CFDs on shares – over 3000 shares CFDs on ETFs – over 300 ETFs CFDs on commodities such as gold, silver, brent and oil CFDs on cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin, Ripple, Ethereum | ||||
| 👨💼 Languages supported on Website | English | ||||
| 👥 Customer Support Languages | Not indicated | ||||
| 📆 Customer Service Hours | 24 hours per day 5 days per week | ||||
| 👉 Open a account | 👉 Click Here |
Min Deposit
USD 1000
Regulators
SVGFSA
Trading Platform
MT5
Crypto
Yes
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our AM Broker Account Types below.
AM Broker Account Types – 8 key points quick overview:
Here is an overview of the AM Broker Account types as well as the treading features and benefits offered for each account.
AM Broker Overview
AM Broker offers three types of accounts – a Retail Account, a Professional Account, and an Institutional Account as well as an option to open an Islamic or Swap Free Account.AM Broker is a forex broker company operating from St. Vincent and the Grenadines and provides traders with access to platforms that allow them to buy and sell foreign currencies.
Retail currency traders in turn use these brokers to gain access to the 24-hour currency market for speculation purposes.AM Broker’s services can also be utilized by institutional clients and large companies such as investment banks.
AM Broker is owned by AM Globe Services Ltd., which has its headquarters in Kingstown, St. Vincent, and the Grenadines, and is registered by the Financial Services Authority of Saint Vincent and the Grenadines.
AM Broker offers the MetaTrader 5 forex trading platform for web and mobile and more than 50 forex currency pairs, stocks, indices, CFDs, commodities, gold, silver, bitcoin, and other cryptocurrencies as trading instruments. The brokerage offers trading products to traders worldwide, excluding countries like the United States, Japan, Canada, the EU, and New Zealand.
AM Broker Account Features
| 🥇 Retail Account | 🥈 Professional Account | 🥇Institutional Account |
| from 0.6 pips spread | from 0.0 pip spread | Competitive Spreads |
| no commission | Commission 3 USD per lot per deal for Indices, 7 USD per lot per deal for Commodities, from 7 USD per lot per deal for Forex | to be negotiated on an individual basis |
| $1000/R14 900 | $10 000/R149 300 | $100 000/R1493 000 |
| A leverage of up to 1:500 can be used. | Leverage up to 1:500 | |
| leverage ratio from 1:2 to 1:500. | leverage ratio from 1:2 to 1:500. | |
| Accessible on any device and operating system | Accessible on any device and operating system | Accessible on any device and operating system |
The Retail Account
| ➡️️ This is a standard package that sports basic features such as integrated online support and a personal relationship manager |
| ➡️️ A minimum deposit of 1000 USD |
| ➡️️ Forex and CFDs on indices, commodities, shares, and ETFs can be traded |
| ➡️️Spreads are from 0.6 pips |
| ➡️️with no commission for Forex, Indices, Commodities, and 0,01 USD per share and ETF |
| ➡️️ Maximum leverage of up to 1:500 may be used |
The Professional Account
| ➡️️Access on any device and operating system |
| ➡️️Forex and CFDs on indices and commodities |
| ➡️️Spread from 0.0 pips |
| ➡️️Commission of 3 USD per lot per deal for Indices, and 7 USD per lot per deal for Commodities, and from 7 USD per lot per deal for Forex |
| ➡️️A leverage ratio up to 1:500 |
The Institutional account
| ➡️️This type of account is for institutional clients, with dedicated quantitative analyst services as well as a sales analyst. |
| ➡️️ The minimum deposit required is $100 000 |
| ➡️️advantages include direct market access (DMA |
| ➡️️Other features of this account are to be negotiated on an individual basis |
Islamic Account
AM Broker does offer traders who follow Sharia law the option of an Islamic Account.
Often an Islamic account is provided as an option where traders can convert their live trading account to an Islamic Account, or in other cases, it is a standalone account with a separate application procedure.
Min Deposit
USD 1000
Regulators
SVGFSA
Trading Platform
MT5
Crypto
Yes
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AM Broker Demo Account
Customers that prefer to give trading a trial run before they commit and deposit money with the broker, can first open a demo account that does not have any time limitations and gives traders 10 000 USD virtual money. This can also be refilled at any time.
AM Broker’s demo or practice account can be utilized in several ways, including the following:
1. Step 1: Navigate to the demo account registration portal.
A practice account for beginner traders who wish to hone their trading skills and gain experience in a risk-free environment using virtual funds.
2. Step 2: Provide the required information.
You can open a live account or demo account (also called a practice account) from start to finish on the AM Broker website and choose to open a demo account first. Brokers usually require an e-mail and password to complete the initial step and if more than one currency can be used, traders must select their preferred account currency.AM Broker accounts can be opened in USD. An account verification process is usually mandatory due to regulatory requirements, so keep a copy of your ID and a proof of residency document ready for the last step. Note that this ‘Know Your Client (KYC) process, may only be necessary once you decide to move forward and work with real money.
3. Step 3: You will be directed to your new demo account.
Once your registration has been completed you will be directed to your new demo account, which will come with account conditions as per the details supplied in your registration form.
5. Step 5: You can now start trading.
You can now begin risk-free trading on your demo account.
AM Broker Islamic Account
The purpose of an Islamic Account is that it caters explicitly to Muslim traders who follow the strict rules of Sharia law. These rules prevent followers from paying any type of interest, such as overnight fees, which is seen as exploitive or wasteful.
Overnight fees are charged when traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should traders hold positions open for longer.
Brokers offer an Islamic Account only to Muslim traders who follow Sharia law. 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.
Min Deposit
USD 1000
Regulators
SVGFSA
Trading Platform
MT5
Crypto
Yes
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AM Broker Customer Reviews
best of them all
its been over a year I have been dealing with AM BROKER, they are too good, and the best thing I like about them is their 24/7 customer support and knowledge who is there at all times to call and help you sort out any issues at all, you all are the best, love doing business with you.
Broker has a fantastic customer.
Broker has fantastic customer relations and a good signal. I have been using the signal for the past 6 months and it has been a success all through.
so I recommend the trading signal to everybody who is interested in making money in their comfort
I am pleased with the packages AM.
I am pleased with the packages AM Broker offers. I have been trading with them for a year and have no issues at all and their withdrawals are very fast. AM Broker is reliable.
AM Broker Pros and Cons
| ✔️ Pros | ❌ Cons |
| Access to the MT5 trading platform | Narrow account choice |
| Provides a variety of trading instruments | Offshore, not properly regulated by reputable authorities |
| Good trading conditions |
Conclusion
AM Broker offers three types of accounts – a Retail Account, a Professional Account, and an Institutional Account as well as an option to open an Islamic or Swap Free Account. The brokerage offers trading products to traders worldwide, excluding countries like the United States, Japan, Canada, the EU, and New Zealand.
You might also like: AM Broker Demo Account
You might also like: AM Broker Fees and Spreads
You might also like: AM Broker Islamic Account Overview
You might also like: AM Broker Minimum Deposit
You might also like: AM Broker Sign-up Bonus
Frequently Asked Questions
TRADING ENVIRONMENT
How many instruments can I trade with AM Broker?
You can trade several different instruments with AM Broker, which include the following:
- Currency pairs – over 100 currency pairs including major, minor, and exotic currencies.
- CFDs on indices – 20 stock indices.
- CFDs on shares – over 3000 shares.
- CFDs on ETFs – over 300 ETFs.
- CFDs on commodities such as gold, silver, Brent, and oil.
- CFDs on cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin, Ripple, and Ethereum.
Which platforms are supported by AM Broker?
AM Broker provides the following popular trading platforms:
- MetaTrader 5
- Web Trading
- iOS/Android apps
Does AM Broker offer leverage?
Yes, AM Broker offers maximum leverage of up to 1: 500.
What spreads can I expect with AM Broker?
AM Broker offers spreads from 0,6 pips.
Does AM Broker charge commission?
On the Retail Account commission of 0,01 USD per share and ETF is charged and on the Professional Account commission of 3 USD per lot per deal for Indices, and 7 USD per lot per deal for Commodities, and from 7 USD per lot per deal for Forex, are charged.
Are there additional charges on the Islamic account?
AM Broker does offer an Islamic Account. Some brokers charge extra fees on Islamic accounts – either in wider spreads, additional commissions, or administration fees to make up for money that they lose with not charging overnight fees.
New Islamic traders should enquire about these special conditions or extra fees before joining, because it is often overlooked or not indicated on the account features pages.
Is AM Broker regulated and by whom?
AM Broker is an offshore broker regulated only by SVGFSA.
Is AM Broker a recommended forex trading broker for experts and beginners?
AM Broker offers a fair-trading environment for most types of traders.
What is the overall rating out of 10 for AM Broker?
6/10.
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