AMarkets is registered by the Financial Services Authority (FSA) and has a high trust score of 72 out of 100. AMarkets serves more than 350,000 clients worldwide and offers a maximum leverage of 1:3000.
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
The AMarkets broker gives traders access to a wide range of markets including forex, metals, Bonds, and indices.
AMarkets Review – 17 Key Point Quick Overview
- AMarkets-Overview
- AMarkets Safety and Security
- AMarkets Sign-up Bonus
- AMarkets Minimum Deposit
- AMarkets Accounts Types
- How to Open an AMarkets Account – Step-by-Step Guide
- AMarkets Trading platforms
- AMarkets Fees, Spreads, and Commissions
- AMarkets Deposit and Withdrawal
- AMarkets Current Popularity Trend
- AMarkets Best Countries by Traders
- AMarkets vs Etoro vs XM – A Comparison
- AMarkets Customer Reviews
- AMarkets Pros and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
AMarkets-Overview
According to research in South Africa, AMarkets is an offshore online broker founded in 2007 in Russia, registered by the Financial Services Authority of Saint Vincent and the Grenadines (SVG). AMarkets offers Forex trading and is known for quality order execution and exemplary service to its traders, although not registered as an International Business Company in Saint Vincent and the Grenadines and not regulated by a globally recognized financial regulator. overall, Amarkets is regulated by MISA, FSA, FSC, The Financial Commission.
AMarkets Safety and Security
In the case of AMarkets, it is regulated by the following:
One of the best means of determining the safety of a broker like AMarkets is to establish which regulating authorities are watchdogs over its actions. Although AMarkets is not regulated by financial regulators such as CySEC or the FCA, it is registered by the Financial Services Authority (FSA) of Saint Vincent under number 22567 IBC 2015.
The Financial Services Authority of Saint Vincent and the Grenadines requires that all clients’ funds are kept separate from the company’s operating accounts and that a company’s assets are diversified among reliable global banks.AMarkets is a category A member of the International Financial Commission, an independent self-regulatory organization and external dispute resolution body.
The Financial Commission protects traders’ interests and provides insurance up to a fixed amount per case. AMarkets execution quality is audited by the independent Verify My Trade monthly to confirm its compliance with best execution standards. To maintain that certification, AMarkets must submit 5000 trades per month for comparative analysis against first-tier liquidity providers.
Apart from being a member of the Hong Kong Financial Commission, AMarkets is also a professional member of the Russian Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN). Regulated brokers will not manipulate market prices and withdrawal requests will be honored. If AMarkets violates any regulatory rules their regulated status could be stripped.
AMarkets Sign-up Bonus
No sign-up bonus, a deposit bonus, or a welcome bonus is offered to traders who register a real account with AMarkets.With these bonus offers brokers attempt to draw new customers to partake in trading activities. The only bonus which is offered in the form of a deposit bonus by AMarkets only applies when traders are switching from one broker to this broker.
Traders need to follow the application process and deposit a minimum of $500/R7 460 into their live account to qualify for a 25% deposit bonus.
AMarkets Minimum Deposit
AMarkets requires a minimum deposit of $100/ to open an account. This minimum deposit amount is equivalent to ZAR 1 490 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.AMarkets is a forex broker regulated and authorized by FSA SVG in St Vincent and the Grenadines. As a regulated broker, one of the requirements is that client funds must be kept in segregated accounts.
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 Accounts Types
A forex account at AMarkets is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.
Often, the number and type of accounts that a trader can open with a broker differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls. In the case of AMarkets, you have four accounts to choose from, depending on the type of trade you want to execute.
🥇 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. |
How to Open an AMarkets Account – Step-by-Step Guide
Opening a demo account with AMarkets will consist of the following steps:
Step 1 – Navigate to the demo account registration portal.
Similar to a bank, if you want to register a forex trading account with AMarkets for the first time, you will be required to go through a basic “know your customer” process.
Step 2 – Provide the required information.
This will allow AMarkets to make sure that your submitted personal details are correct and that the safety of your funds and your account details are ensured.
Step 3 – You will be directed to your new account.
After the initial registration, you will normally be emailed your login details that will correspond to a login on a trading platform matching your type of account.
Similar to a bank, if you want to register a forex trading account with AMarkets for the first time, you will be required to go through a basic “know your customer” process. This will allow AMarkets to make sure that your submitted personal details are correct and that the safety of your funds and your account details are ensured. After the initial registration, you will normally be emailed your login details that will correspond to a login on a trading platform matching your type of account.
AMarkets Trading platforms
The forex trading platform is in essence the software provided by AMarkets to its clients to carry out their trades. A multi-asset trading platform is one that allows clients to trade forex and other asset classes, including CFDs on stocks, stock indices, precious metals, and cryptocurrencies. The decision about which platform to choose will always depend on what a client would like to trade.AMarkets have two types of trading platforms to choose from, MetaTrader4 and xStation. Both platforms are popular and give you a good trading experience.
MetaTrader4
This platform is available for mobile, PC, and web and is preferred by the more experienced traders in the market.
The AMarkets MetaTrader4 platform offers a variety of features, such as:
30 different technical trading indicators
Nine different viewable timeframes
One-click trading options
A wide variety of compatible platforms
xStation
This platform can be tailor-made to suit individual needs and is coupled with advanced features that can help a trader to make an analysis of the market and execution with just a click.
It can be downloaded for Windows, Android, or iOS devices and can also be directly launched into your browser.
AMarkets Fees, Spreads, and Commissions
With AMarkets spreads start from 0.0 pips on EUR/USA. Spreads as well as commission charges with AMarkets depend on the type of live account, the financial instrument, and the market conditions. Spreads and commissions that traders can expect from AMarkets are 1.3 pips on the Standard Account, 3 pips on the Fixed Account, and 0.0 pips on the ECN Account. On the ECN Account commissions of $2.5/€2.5 is charged per lot.
AMarkets Deposit and Withdrawal
The following payment modes are available to clients of AMarkets:
Credit or debit cards (Visa, MasterCard)
bank wire transfer
Skrill
Neteller
FasaPay
Perfect Money
WebMoney
OKPAY
Union Pay
Deposits can be funded in USD, EUR, RUB, and crypto currencies. While deposits are free, there are withdrawal fees as well as minimum amounts applicable there are also multiple ways to withdraw funds from AMarkets through bank wire transfer, credit cards, Neteller, WebMoney, and more. Each method has different fees and commissions, minimum amounts, and processing times.
AMarkets Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “AMarkets” is entered into Google’s search engine over a given period of time.
AMarkets Best Countries by Traders
Please take note, the following information is based on AMarkets.
🌎 Country of Trade | 📌 % of Traders | |||
🥇Seychelles | 19.12% | |||
🥈Iran | 16.56% | |||
🥉Germany | 11.91% | |||
🥇 Netherlands | 8.27% | |||
🥈United States | 6.74% |
AMarkets vs Etoro vs XM – A Comparison
🔎 Broker | 🥇 AMarkets | 🥈 eToro | 🥉 XM |
💰 Minimum Deposit | $100/R1 490 | $1000 USD | $5 USD |
📝 Sign-Up Bonus | ❌ No | ☑️ Yes | ☑️ Yes |
➖ Min. Spread | 1.3 pips | 3 | 1 |
➕ Max. Leverage | 1: 3000 | 1:400 | 1:888 |
💵 Currency Pairs | different suffixes | 47 | 57 |
🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
AMarkets Customer Reviews
The broker was quite good
The broker was quite good. Sometimes I would like more interesting bonuses for traders, but in general, I am quite satisfied with the conditions. With the right approach and sufficient training, the result can be quite good.
Very content with fast and reliable.
Very content with fast and reliable service!
Best support I saw, fast
Best support I have ever seen, fast, helpful, and great service
AMarkets Pros and Cons
✔️ Pros | ❌ Cons |
1. Established in 2007 | 1. Liberal regulation |
2. Min. deposit from $1 | 2. Not FCA Regulated |
3. Bonuses available | 3. High initial deposit for ECN account |
4. Used by over 10,000 traders | 4. No trading in restricted countries like Great Britain |
5. A selection of trading platforms | |
6. High leverage levels offered |
Conclusion
AMarkets can be summarily described as a worthwhile company for potential traders and is a reliable award-winning FX broker with many years of experience in the industry, which offers a good variety of trading instruments, platforms, account types, and solutions.AMarkets is a leading online broker that provides direct access to global markets and executes nearly 10,000 trades per day, with comfortable trading conditions that include no commission and tight spreads. Each of AMarkets’ account types comes with unique features and benefits for both beginner and advanced traders and users can trade on globally recognized trading platforms.
You might also like: AMarkets Account Types Overview
You might also like: AMarkets Demo Account – Step by Step
You might also like: AMarkets Fees and Spreads
You might also like: AMarkets Islamic Account Overview
You might also like: AMarkets Minimum Deposit
You might also like: AMarkets Sign up Bonus
Disclaimer
AMarkets warns all potential customers that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors.
Before deciding to trade the products offered by AMarkets, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
AMarkets warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence AMarkets cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Frequently Asked Questions
What is AMarkets?
AMarkets is a financial services company that provides online trading services for a wide range of financial instruments, including forex, stocks, commodities, and cryptocurrencies.
What types of accounts do AMarkets offer?
AMarkets offers several types of trading accounts, including standard and ECN accounts, as well as PAMM and MAM accounts for money managers and professional traders.
What platforms do AMarkets support?
AMarkets supports a variety of trading platforms, including the popular MetaTrader 4 and 5, as well as the company’s own proprietary platform, AMarkets Trader.
Does AMarkets offer educational resources for traders?
Yes, AMarkets offers a wide range of educational resources, including webinars, video tutorials, and trading guides, to help traders improve their skills and knowledge.
Do AMarkets offer bonuses or promotions?
Yes, AMarkets offers a variety of bonuses and promotions for traders, including welcome bonuses
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