AMarkets Account Types offer a choice between three live account types. Through these accounts, the broker offers competitive trading conditions along with comprehensive solutions and services.
AMarkets at a glance
| 🔎 Broker's Name | AMarkets |
| 📍 Headquartered | St Vincent, and the Grenadines |
| 📅 Year Founded | 2007 |
| ⚖️ Regulating Authorities | MISA, FSA, FSC, The Financial Commission |
| 🌐 Countries not accepted for trade | Over 63 countries not accepted |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1: 3000 |
| 💰 Minimum Deposit | $ 100/R1500 |
| 💳 Deposit Options | Credit/Debit Cards Bank Wire Transfer FasaPay Jeton Wallet Neteller |
| 💳 Withdrawal Options | Neteller Perfect Money TopChange WebMoney Skrill |
| 💻 Platform Types | MetaTrader 4 and MetaTrader 5 |
| 📱 OS Compatibility | PC, Mac, web, Android, iOS |
| 📈 Tradable assets offered | Forex Indices Stocks Metals Cryptocurrencies Bonds Commodities |
| 👨💼 Languages supported on Website | German, Turkish, French, Russian, Spanish, Indonesian, Italian, Vietnamese, Portuguese, Malaysian, Hindi, Korean, Persian, Thai, Arabic, Ukrainian, Chinese |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Click Here |
Min Deposit
USD 100
Regulators
MISA, FSA, FSC, The Financial Commission
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our AMarkets Account Types below.
AMarkets Account Types – 8 key points quick overview:
- AMarkets -Overview
- AMarkets Account Types
- AMarkets at a glance
- AMarkets Demo Account Step by step
- AMarkets Islamic Account
- AMARKETS Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the AMarkets account types as well as the treading features and benefits offered for each account.
AMarkets -Overview
AMarkets was established in 2007 and its headquarters is in St Vincent and the Grenadines. The broker is regulated by FSA SVG and offers traders comprehensive trading solutions.
Traders have the option to trade on a wide variety of financial instruments, such as forex, indices, Shares, Metals, Cryptocurrencies, Bonds, and Commodities. Trading is offered on the popular and powerful MetaTrader 4 and MetaTrader 5 platforms.AMarkets is primarily focused on offering broker services in CIS countries such as Asia and Europe. Being an offshore broker with corresponding regulation does not always offer the same high standards of protection that brokers who are well-regulated by strict regulatory entities do.
However, funds are kept in segregated accounts and AMarkets offer decent trading conditions to its trader. The broker aims to provide high-quality services along with dedicated support to both traders and partners.AMarkets has won some awards through the years it has been in operation.
This includes the award won in 2019 for the Fastest Growing Forex Broker in the Middle East, which was won at the Egypt Invest Expo. In 2011 it won the Investment Expo and Best Educational Program at Show FX. Customers from over 63 countries are not accepted as clients at AMarkets.
AMarkets Account Types
| 🥇 Standard Account | 🥈 Fixed Account | 🥇ECN Account |
| Minimum deposit of $100/R1 490 or currency equivalent in EUR. | Minimum deposit of $100/R1 490 or currency equivalent in EUR. | Minimum deposit of $200/R2 970 or currency equivalent in EUR. |
| Spreads from 1.3 pips | Fixed spreads from 3 pips. | Floating spreads from 0.0 pips. |
| Leverage of up to 1:3000. | Leverage of up to 1:3000. | Leverage of up to 1:3000. |
| A stop-out level of 20% | Stop-out level of 20% | Order volume from 0.01 lots with step 0.01. |
| Order volume which starts from 0.01 lots with step 0.01. | Order volume from 0.01 lots with step 0.01. | Stop-out level of 40%. |
| No commission charges. | No commission charges. | Commissions of $2.5/€2.5 charged per lot. |
| Market execution on trades. |
AMarkets offers a choice between three live account types, namely a Standard, Fixed, and ECN account. Through these accounts, the broker offers competitive trading conditions along with comprehensive solutions and services.
Each of these accounts has its own competitive and dynamic trading conditions, which provide for the trading needs and objectives of various traders, despite their level of trading experience, knowledge, or skill.
Standard Account
Features of this account include:
| ➡️️ Minimum deposit of $100/R1 490 or currency equivalent in EUR or currency equivalent in EUR. |
| ➡️️ Spreads from 1.3 pips. |
| ➡️️ Leverage of up to 1:1000. |
| ➡️️ A stop-out level of 20% |
| ➡️️ Order volume which starts from 0.01 lots with step 0.01. |
| ➡️️ No commission charges. |
Fixed Account
This account has the following features:
| ➡️️ Minimum deposit of $100/R1 490 or currency equivalent in EUR or currency equivalent in EUR. |
| ➡️️ Fixed spreads from 3 pips. |
| ➡️️Leverage of up to 1:1000. |
| ➡️️Stop-out level of 20%. |
| ➡️️Order volume from 0.01 lots with step 0.01. |
| ➡️️ No commission charges. |
ECN Account
This account has the following features:
| ➡️️ Minimum deposit of $200/R2 970 or currency equivalent in EUR. or currency equivalent in EUR. | |||||||
| ➡️️ Floating spreads from 0.0 pips. | |||||||
| ➡️️ Leverage of up to 1:200. | |||||||
| ➡️️ Order volume from 0.01 lots with step 0.01. | |||||||
| ➡️️Stop-out level of 40%. | |||||||
| ➡️️ Commissions of $2.5/€2.5 charged per lot. | |||||||
| ➡️️ Market execution on trades. |
On all the account types, Islamic traders that follow the Muslim faith have the option to open on Islamic/Swap-free account. Clients are also offered instant market execution on all account types, including the Islamic Account.
Min Deposit
USD 100
Regulators
MISA, FSA, FSC, The Financial Commission
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AMarkets Demo Account Step by step
AMarkets offers traders the option of opening a Demo Account. This is a practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.It can also be utilized by the more advanced and professional traders who are evaluating and comparing brokers and would like to explore AMarkets’ trading conditions in a risk-free environment.
To sign-up for a demo account with AMarkets is hassle-free and fully digitalized. It can be done within a few minutes and as soon as the trader is registered, demo trading can commence. It is, however, not clear for how long the demo account is valid.
Traders do have to download and install either the MetaTrader 4 or MetaTrader 5 platform or can use the Web Trader on any web browser.
Opening a demo account with AMarkets will require the following steps:
Step 1 – Navigate to the demo account registration portal.
Navigate to the demo account registration portal. You will find this by clicking on the Demo Accounts tab at the top of the landing page on the AMarkets website.
Step 2 – Provide the required information.
Provide the required information for the online registration form. This will include your full name and contact details, a created password for your demo account, your preferred account type, and your preferred platform type.
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.
Step 4 – You can now start trading.
You can now begin risk-free trading on your demo account.
AMarkets Islamic Account
An Islamic account caters specifically to Muslim traders who follow the Sharia law by which followers are prohibited to pay any type of interest, such as overnight fees.
Overnight fees are charged should traders hold positions open for longer after the trading day has concluded. With the Islamic account, clients are exempt from such fees, or interest, should they hold positions open for longer. With AMarkets, Muslim traders can convert any of the three live trading accounts, standard, fixed, or ECN, to an Islamic Account.
Additional features of this account include:
Access to more than 250 financial instruments.
Ultra-fast and accurate order execution.
No overnight commissions or swaps on forex instruments.
To qualify for an Islamic Account, the trader must provide proof of their religious affiliation which has to be validated by a Muslim religious authority. Traders need to note that the swap-free service offered through the Islamic Account option can only apply to forex.
This means that the available trading instruments that Islamic Account holders have access to may differ from the list of tradable financial instruments for standard accounts. Islamic Account holders are also prohibited from participating in any bonus programs or promotions offered by AMarkets.AMarkets charges no additional fees on the Islamic Account such as wider spread, higher commissions, or any additional administrative fees.
Min Deposit
USD 100
Regulators
MISA, FSA, FSC, The Financial Commission
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AMARKETS Pros and Cons
| ✔️ Pros | ❌ Cons |
| Competitive trading conditions offered | Clients from 63 countries not accepted |
| Demo account offered | Offshore regulation |
| Islamic account offered | Spreads are wide |
| MetaTrader 4 and MetaTrader 5 offered |
Conclusion
AMarkets Account Types vary according to what traders require. AMarkets is primarily focused on offering broker services in CIS countries such as Asia and Europe. Being an offshore broker with corresponding regulation does not always offer the same high standards of protection that brokers who are well-regulated by strict regulatory entities do.
You might also like: AMarkets Review
You might also like: AMarkets Demo Account – Step by Step
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Frequently Asked Questions
Trading environment
How many instruments can I trade with AMarkets?
You can trade the following financial instruments:
- Forex
- Indices
- Stocks
- Metals
- Cryptocurrencies
- Bonds
- Commodities
Which platforms are supported by AMarkets?
MetaTrader 4 and MetaTrader 5.
Does AMarkets offer leverage?
Yes. Leverage of up to 1:1000.
What spreads can I expect with AMarkets?
You can expect wide spreads on the different accounts, namely from 1.3 pips on the Standard account, from 3 pips (fixed) on the Fixed account and 0 pips (floating) on the ECN account.
For Muslim traders using the Islamic account, spreads start from 0.3 pips.
Does AMarkets charge commission?
Yes. Commissions from $2.5/€2.5 are charged per 1 lot on the ECN account.
Are there additional charges on the Islamic account?
Not that can be seen from AMarkets’ website.
Is AMarkets regulated?
Yes. AMarkets is regulated by FSA SVG.
Is AMarkets a recommended forex trading broker for experts and beginners?
Yes. AMarkets offers a trading environment for both beginners and expert traders.
What is the overall rating out of 10 for AMarkets?
7/10.
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