Amarkets

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Popularity
Leverage	Up to 1:1000
Minimum Deposit	$100
Regulation	ASIC, CySEC, FCA
Payment Methods	Credit/Debit Cards, Bank Wire, e-Wallets
Trading Assets	Forex, Commodities, Indices, Stocks, Cryptocurrencies
MT4	✅
MT5	✅
Spreads	Low
Average cost: EUR/USD	1.2 pips
Demo Account	✅
Islamic Account	✅
MAM	✅
PAMM	❌
CopyTrading	✅
ZuluTrade	❌
Scalping	Yes
Signals	✅
EAs/Robots	Available
Negative Balance Protection	Yes
Deposit Fee	❌
Withdrawal Fee	❌
Inactivity Fee	$10 after 12 months of inactivity
Year Established	2007
Address	Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
Contact Information	Email: [email protected], Phone: +44 20 380 869 68
Mobile Trading APP	Not Available
Rating	★★★★☆ [4.5]
Website

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Pros and Cons

Pros

Wide range of trading assets
Competitive spreads and low trading costs
High leverage options available
Advanced trading platforms (MT4 and MT5)
No deposit or withdrawal fees

Cons

Limited availability of PAMM accounts
No mobile trading app
Inactivity fee after 12 months
Not available in some countries
due to regulatory restrictions

Introduction

Amarkets is a globally recognized online trading broker that offers a comprehensive range of trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies.

Established in 2007, the company has grown to serve clients worldwide, providing access to global financial markets through advanced trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

This review explores their offerings in detail, examining its platforms, account types, fees, regulatory status, and more, to give traders a clear understanding of what to expect when trading with this broker.

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Company Overview

History and Background

Amarkets was founded with the aim of providing transparent and reliable trading services.

Over the years, it has expanded its offerings to cater to a wide range of traders, from beginners to experienced professionals.

Regulatory Status and Safety

The broker is regulated by reputable financial authorities, ensuring a high level of security and fairness for its clients.

The broker places a strong emphasis on the safety of client funds, which are held in segregated accounts, apart from the company’s operational funds.

Trading Platforms

Amarkets provides access to the financial markets through several platforms:

MetaTrader 4 (MT4): Renowned for its user-friendly interface and powerful trading tools.
MetaTrader 5 (MT5): Offers advanced financial trading functions, along with superior tools for technical and fundamental analysis.
Web Platform: Allows traders to access their accounts from any web browser without downloading any software.

Comparison Table

Platform	Features	Availability
MT4	User-friendly, multiple order types, automated trading	Desktop, Mobile
MT5	Advanced charting, economic calendar, more indicators	Desktop, Mobile
Web	Accessible, no download required, compatible with all browsers	Web

Account Types

Amarkets offers many types of account types to suit different trading styles and preferences:

Standard Account: Suitable for beginners, offering fixed spreads with no commissions.
ECN Account: For more experienced traders, offering lower spreads with commission per trade.
Demo Account: A risk-free option for traders to practice strategies.
Islamic Account: Swap-free accounts for Muslim traders.

Account Comparison Table

Account Type	Minimum Deposit	Spread	Commission
Standard	$100	From 1.3 pips	No
ECN	$200	From 0.1 pips	Yes

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Trading Instruments

The broker provides a wide selection of trading instruments:

Forex: Major, minor, and exotic currency pairs.
Commodities: Gold, silver, oil, and more.
Indices: Leading global indices.
Stocks: Shares of major companies.
Cryptocurrencies: Bitcoin, Ethereum, and other popular cryptocurrencies.

Instruments Overview Table

Instrument	Number of Options	Highlights
Forex	50+	Major and exotic pairs
Commodities	15+	Precious metals and energy
Indices	10+	Global market coverage
Stocks	100+	Major global companies
Crypto	5+	Popular digital currencies

Fees and Spreads

Amarkets is known for its competitive fees and tight spreads, which vary depending on the account type and trading instrument.

Trading Fees: Include spreads and commissions for ECN accounts.
Non-Trading Fees: It charges no deposit or withdrawal fees, but an inactivity fee may apply.

Spread Comparison

Instrument	Standard Account Spread	ECN Account Spread
EUR/USD	1.3 pips	0.1 pips + commission
Gold	$0.30	$0.20 + commission

Leverage

Amarkets offers leverage to increase the potential return on investment.

However, it’s important to understand the risks associated with high leverage levels.

Explanation of Leverage: Allows traders to open larger positions with a smaller amount of capital.
Leverage Levels: Up to 1:1000 for certain account types and instruments.
Risks: Higher leverage can lead to larger losses.

Deposits and Withdrawals

Methods

Amarkets supports various deposit and withdrawal methods, including bank wire transfers, credit/debit cards, and e-wallets.

Fees and Times

Method	Deposit Fee	Withdrawal Fee	Processing Time
Credit/Debit Card	None	None	Instant to 24 hours
Bank Wire	None	None	1-5 business days

Customer Service

The company prides itself on providing exceptional customer service.

Availability: 24/5 support via live chat, email, and phone.
Contact Methods: Traders can reach out to the support team through various channels.
Quality of Service: The support team is knowledgeable and responsive, ensuring traders’ queries are addressed promptly.

Education and Resources

The broker offers a wealth of educational materials and resources:

Educational Materials: Includes webinars, e-books, articles, and tutorials.
Research Tools: Market analysis, economic calendar, and trading signals.
Webinars and Workshops: Regularly scheduled events for traders to expand their skills.

Awards and Recognition

Over the years, Amarkets has received numerous awards acknowledging its excellence in various areas, such as customer service, trading platforms, and overall broker performance.

Conclusion

Amarkets is a broker that stands out for its comprehensive offerings, competitive conditions, and strong regulatory standing.

With a focus on client satisfaction, safety, and continuous improvement, it presents a compelling option for traders seeking a reliable and efficient trading partner.

Whether you’re just starting out or looking for new trading opportunities, this broker offers a platform and services designed to facilitate success in the global markets.

Given the depth and breadth of services provided, it is clear why it remains a preferred choice for traders worldwide.

As the financial markets evolve, Amarkets continues to innovate and adapt, ensuring that its clients have access to the latest tools, technologies, and trading opportunities.

With its blend of advanced platforms, diverse account options, wide range of instruments, and dedicated support, Amarkets is well-positioned to meet the needs of the modern trader.

As with any trading decision, potential clients should conduct their research and consider their trading goals and risk tolerance before choosing a broker.

However, for many, Amarkets will represent a balanced, well-rounded option that aligns with various trading strategies and preferences.

Visit official website www.amarkets.com

User Reviews

“I’ve been trading with Amarkets for over a year now, and I’m quite pleased with the experience. Their customer service is top-notch, always ready to assist with any queries. The spreads are competitive, which helps in reducing trading costs, especially on major pairs like EUR/USD. The only downside is the lack of a mobile app, which would make trading on the go much easier. However, the desktop platform is robust and user-friendly.”

Emily Johnson

“As a beginner, I found Amarkets’ educational resources very helpful. Their demo account helped me practice trading without risking real money. The registration process was straightforward, and I could start trading with a relatively low minimum deposit. Highly recommend for newcomers to the forex market!”

Mark Thompson

“I appreciate the wide range of assets available at Amarkets. It allows me to diversify my portfolio beyond just forex. The lack of deposit and withdrawal fees is a big plus, making it easier to manage my funds. However, I wish they would introduce a mobile app for easier access to my trades.”

Sophia Martinez

“Trading with Amarkets has been a breeze thanks to their MT4 and MT5 platforms. The ability to use EAs and robots has significantly improved my trading strategy. The spreads are low, which is great, but the inactivity fee is something to keep in mind if you’re not a regular trader.”

Alex Kim

“Amarkets stands out for its high leverage options, which, while risky, offer the potential for significant profits. Their customer support team is very responsive and helpful, providing assistance whenever needed. Overall, a solid choice for traders looking for a reliable broker with competitive conditions.”

Laura Smith

Broker Video

Frequently Asked Questions (FAQ)

What is the minimum deposit required to open an account?

The minimum deposit required to open an account is $100. This allows traders to start trading with a relatively low initial investment.

Does Amarkets offer a demo account?

Yes, it offers a demo account for traders who wish to practice their trading strategies without risking real money. It's a great way to get familiar with the trading platforms offered.

Are there any fees for depositing or withdrawing funds?

Amarkets does not charge any fees for depositing or withdrawing funds. However, it's important to note that payment providers may have their own transaction fees.

Can I trade cryptocurrencies?

Yes, Amarkets offers cryptocurrency trading among its wide range of trading assets. Traders can trade popular cryptocurrencies against fiat currencies on the platform.

Is Amarkets regulated?

The broker is regulated by several reputable regulatory bodies, including ASIC, CySEC, and FCA. This ensures a high level of security and compliance with international trading standards.

Does Amarkets support mobile trading?

Currently, it does not offer a dedicated mobile trading app. However, traders can still access their accounts and trade via mobile web browsers or by using the MT4 and MT5 mobile apps.

What types of accounts does it offer?

Amarkets offers various account types to cater to different trader needs, including Standard, Fixed, ECN, and Islamic accounts. Each account type has its own set of conditions and benefits.

Resources

Our experts

This article has been written, edited and reviewed by the following members of our team:

Feng Zhou

Feng Zhou, a seasoned author and financial expert, boasts a diverse portfolio of articles recognized by prestigious publications such as Bloomberg, Global Asia, and BizLeaders. Graduating from the University of Hong Kong marked the inception of Mr. Zhou's journey into the financial sector. Initially delving into financial statement audits for both publicly traded and privately held clients, he honed his skills before furthering his education at Hong Kong Polytechnic University. During his tenure, Feng Zhou contributed significantly to the valuation of privately held businesses, engaged in forensic accounting, and provided litigation-related services. His professional trajectory also includes valuable experience at Nezu Asia Capital Management, a prominent hedge fund giant. Demonstrating entrepreneurial spirit, Feng Zhou founded a financial asset management company and frequently shares his expertise as a guest lecturer at various Chinese MBA programs. His prolific writing extends beyond traditional platforms, with articles featured in a range of industry events and publications, including FoxTrade, The MoneyShow, London Summit, and iFX EXPO. With a keen eye for market trends and a wealth of experience, Feng Zhou continues to be a prominent voice in the financial landscape.

Sandro Pontedra

Sandro Pontedra is the mastermind behind the insightful financial analysis and educational content that FoxTrade readers have come to rely on. With a rich academic background from Università di Bologna and the University of Milan, Sandro has built a career that spans across private wealth management and financial analysis, culminating in his role as Chief Accounting Officer for a prominent firm. An avid trader with over a decade of experience in the markets, Sandro combines his hands-on trading knowledge with a keen analytical mind, offering FoxTrade readers a unique blend of practical advice and in-depth market insights. His work, recognized by major financial publications, reflects his passion for finance and commitment to demystifying complex financial concepts. Sandro is dedicated to empowering readers with the knowledge and tools needed to navigate the financial markets confidently. Whether you're a seasoned investor or new to trading, his articles provide valuable insights into investment strategies, market analysis, and the future of finance and technology.

Stephane Dubois

Stephane Dubois stands at the forefront of financial analysis and industry expertise, driving innovation and insight across global markets. With a diverse academic background in International Relations and World Economy, coupled with practical experience spanning government projects and private sector endeavors across five continents, Stephane brings a wealth of knowledge and perspective to his role. As a senior editor at FoxTrade, Stephane oversees the publication of insightful content, ensuring that readers receive accurate and timely analysis to navigate the complexities of the financial world. His leadership and editorial guidance have been instrumental in shaping the platform into a trusted source of information for investors and traders alike. Beyond his editorial responsibilities, Stephane is revered as a leading analyst in the online broker industry. His insights have been instrumental in shaping strategies and decision-making for executives worldwide. Stephane's expertise isn't confined to the boardroom; he is also an esteemed business school professor, with an MBA from Columbia University and prior experience at Goldman Sachs. Stephane's impact extends beyond the confines of academia and corporate settings. He has spoken and moderated panels at prestigious events globally, earning citations from esteemed publications such as Finance Monthly, The Journal of Finance, and Financial Analysts Journal. His contributions to industry discussions cover a wide array of topics, from forex strategies to stock market catalysts, earning him recognition as a thought leader in the financial world.

Last update: April 27, 2024