AMarkets review: AMarkets is an online Forex and CFD broker that was established in 2007. The company is based in Montenegro and is regulated by the Financial Services Commission (FSC). The platform offers trading services to clients from around the world, including Europe, Asia, and Africa. The broker provides access to a wide range of financial instruments, including forex currency pairs, stocks, indices, commodities, and cryptocurrencies.
One of the key features of AMarkets is the availability of several account types to cater to different trading needs. These include the Standard, Fixed, and ECN accounts. The Standard account offers variable spreads, while the Fixed account provides fixed spreads. The ECN account is designed for advanced traders who require direct market access and the ability to trade with other traders on the network.
The platform also provides a variety of trading platforms to choose from, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are available for desktop, web, and mobile devices, allowing traders to access their accounts and trade on-the-go. The broker also offers its proprietary trading platform, AMarkets WebTrader, which is user-friendly and intuitive.
Trading Terminals:
💵 Currency: | USD, EUR, RUB, MTB |
💰 Min deposit | From $100 |
⚖️ Leverage | 1:3000 |
💱 Spread | Floating from 0 pips |
💹 Markets | Forex, Stocks, Indices, Commodities, Cryptocurrencies |
📱 Mobile apps | iOS, Android |
🗺️ Headquarters | Podgorica, Montenegro |
In summary, AMarkets is a well-regulated online broker that offers a range of trading services, account types, and platforms to suit different trading needs. The broker provides excellent customer support, educational resources, and market analysis to help traders improve their skills and knowledge. With a transparent fee structure and a range of deposit and withdrawal options, AMarkets is a reliable choice for traders looking for a quality online broker.
Go to AMarkets website
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Top Reviews
Best customer reviews of AMarkets
The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.
All my requests are solved promptly, and a personal manager is always ready to help with any questions. The MT4 and MT5 platforms work great and I can trade on any device. I also have access to many technical indicators and other tools to help me make better decisions. I am happy with my experience with AMarkets and recommend it to anyone looking for a reliable and quality broker.
The technical aspects of trading work without problems, and I can easily access my account and trading platforms. However, I feel that the selection of trading instruments could have been wider. I also noticed that some market events are not displayed in real time, which could be a drawback for experienced traders. Overall, I would recommend AMarkets as a reliable broker, but with some reservations.
I opened a trading account with them and made a deposit, but soon ran into problems. I couldn't withdraw my money properly and the customer support was slow and inefficient. I also noticed that my trades were executed with delays, which led to a lot of losses. Overall, my experience with AMarkets was very negative and I would not recommend this broker.
Expert Review
Expert Review of AMarkets
AMarkets is an online Forex and CFD broker that has been in operation since 2007. The broker is regulated by the Financial Services Commission (FSC) of Montenegro, which means that it is held to high standards of financial transparency and security. In addition, The platform is a member of the Financial Commission, which provides a neutral third-party mediation service for resolving disputes between brokers and clients.
AMarkets has a reputation for being a reliable and trustworthy broker, with a transparent fee structure and fast withdrawals. The broker offers a variety of account types to suit different trading needs, and its platforms are user-friendly and intuitive. The platform also provides educational resources and market analysis to help traders improve their skills and knowledge, which is a sign of the broker's commitment to its clients' success.
The broker's use of reputable payment methods, such as bank transfer, credit/debit cards, e-wallets, and cryptocurrencies, also adds to its reliability. In addition, AMarkets uses advanced security protocols to protect clients' personal and financial information, which is critical for building trust with its clients.
While no broker is 100% foolproof, AMarkets has established itself as a reliable and reputable broker over the years. Its regulatory oversight, transparent fee structure, fast withdrawals, and commitment to client success are all factors that contribute to its overall reliability.
Risk Warning! Trading on AMarkets involves a significant level of risk, and it is important for traders to be aware of these risks before making any trading decisions. The forex and CFD markets are highly volatile and can result in significant losses if not properly managed.
Copy Trading
Investment Programs
AMarkets offers copy trading as a feature to help clients replicate the trades of experienced traders.
With copy trading, traders can simply select a trader to follow and then have their trades automatically replicated in their own account. This feature allows traders to benefit from the expertise of others without having to spend a lot of time and effort in learning how to trade. AMarkets provides access to a wide range of traders to choose from, and clients can view their trading history and performance statistics to help them make informed decisions.
While copy trading can be an effective strategy, it is important to remember that it also comes with risks. The performance of the trader being followed can be affected by a variety of factors, such as market volatility and news events, and traders may not always be successful. It is essential for traders to monitor their accounts regularly and to have a solid understanding of risk management techniques to mitigate potential losses.
In summary, AMarkets offers copy trading as an additional feature to help clients replicate the trades of successful traders. This can be a convenient and effective way to diversify trading portfolios, but traders should always be aware of the risks involved and have a comprehensive trading plan in place.
Remember, while social trading can offer opportunities for profit, it also involves risks. Past performance does not guarantee future results, and losses are possible. Stay informed, exercise discretion, and make informed decisions based on your own risk appetite and trading objectives.
One of the key differences between copying trades on AMarkets and other platforms is the availability of different types of accounts for copying trades, including ECN, Standard, Fixed, and Alpha accounts, which differ from each other in terms of trading conditions and commissions. In addition, AMarkets provides its own trading platform that supports trade copying, which allows for more fine-tuning of trade copying parameters.
Risk Warning
Best Copy Trading Platforms
Trading Terminals:
AMarkets offers a variety of trading conditions to suit the needs of its clients. One of the key benefits of trading with AMarkets is the availability of multiple account types. The broker offers ECN, Standard, Fixed, and Alpha accounts, each with their own unique features and benefits.
Traders can choose between the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. Both platforms offer a wide range of advanced trading tools, including technical indicators, charting tools, and automated trading options. The platforms are user-friendly and can be accessed on desktop, web, and mobile devices.
AMarkets provides access to a wide range of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies. The broker's spreads are competitive and start from 0 pips, while commissions vary depending on the account type.
Traders can enjoy flexible leverage options of up to 1:1000. This means that traders can open larger positions with smaller amounts of capital, potentially magnifying their profits. However, it is important to remember that leverage also amplifies potential losses.
The broker offers fast and reliable order execution, ensuring that traders can enter and exit trades quickly and efficiently. AMarkets also provides educational resources and market analysis to help traders improve their skills and knowledge.
💵 Currency | USD, EUR, RUB, MTB |
💰 Min deposit | From $100 |
⚖️ Leverage | 1:3000 |
💱 Spread | Floating from 0 pips |
💹 Markets | Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies |
📱 Mobile apps | iOS, Android |
💵 Replenishment / Withdrawal: | Visa/Mastercard, Bank transfers, Electronic payments (Skrill, Neteller, Perfect Money, FasaPay, SticPay) |
🏦 Broker Type: | ECN, STP |
📞 Customer Service | Phone, Email, Live Chat, Social Media |
👩💼 Support | Multilingual |
👨💼 Personal Account Manager | ✅ |
🔁 Copy Trading | ✅ |
🔓 Demo account | ✅ |
🗺️ Headquarters | Podgorica, Montenegro |
Risk Warning
Comparison
Comparison of AMarkets with other FOREX Brokers
MT4
Broker comparison table of trading instruments
AMarkets offers multiple account types to cater to the varying needs of traders. The account types include the Standard Account, ECN Account, Fixed Account, and Alpha Account. The minimum deposit requirement for the Standard Account is $100, and the spreads start from 1.3 pips. There are no commissions charged on trades, and the maximum leverage is 1:1000.
For the ECN Account, the minimum deposit requirement is $200, and the spreads start from 0 pips. There is a commission of $3.5 per lot charged on trades, and the maximum leverage is 1:1000. The Fixed Account has a minimum deposit requirement of $500, and the spreads are fixed. There are no commissions charged on trades, and the maximum leverage is 1:500.
The Alpha Account is designed for professional traders and has a minimum deposit requirement of $20,000. The spreads start from 0 pips, and there is a commission of $1.5 per lot charged on trades. The maximum leverage is 1:100
Account type | CRYPTO | FIXED | STANDARD | ECN |
---|---|---|---|---|
Initial deposit | MBT 10 | $100 / €100 / ₽7000 | $100 / €100 / ₽7000 | $200 / €200 / ₽14 000 |
Leverage | 1:500 | 1:3000 | 1:3000 | 1:3000 |
Deal volume | From 0.01 in increments of 0.01 | From 0.01 in increments of 0.01 | From 0.01 in increments of 0.01 | From 0.01 in increments of 0.01 |
Spread | Floating from 1.3 points | Fix from 3 pips | Floating from 1.3 points | Floating from 0 points |
Commission | ❌ | ❌ | ❌ | $2.5 / €2.5 / ₽175 per lot per side |
Stop Out level | 20% | 20% | 20% | 40% |
Account currency | MBT | USD, EUR, RUB | USD, EUR, RUB | USD, EUR, RUB |
AMarkets does not charge any fees for deposits or withdrawals. However, traders should be aware that third-party payment providers may charge fees for their services.
Overall, AMarkets' commissions and fees are competitive within the industry, and traders can choose an account type that best suits their trading needs and budget. It is important for traders to review the trading conditions carefully and to factor in any fees when making trading decisions.
Risk Warning
AMarkets is a reputable forex and CFD broker that has been providing trading services since 2007. The broker is headquartered in Belize and is regulated by the International Financial Services Commission (IFSC).
One of the key benefits of trading with AMarkets is the availability of multiple account types, which include ECN, Standard, Fixed, and Alpha accounts. Each account type has its own unique features and benefits, and traders can choose an account that best suits their trading needs and budget.
AMarkets offers access to a wide range of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies. The broker's spreads are competitive and start from 0 pips, while commissions vary depending on the account type.
The platform offers flexible leverage options of up to 1:1000, which allows traders to open larger positions with smaller amounts of capital. However, it is important to remember that leverage also amplifies potential losses.
The platform provides educational resources and market analysis to help traders improve their skills and knowledge. The broker's website features a range of educational materials, including webinars, video tutorials, and market news and analysis. Traders can also benefit from the broker's copy trading feature, which allows them to automatically copy the trades of successful traders.
The broker's customer support team is available via phone, email, live chat, and social media. The website is available in multiple languages, and traders can also benefit from the services of a personal account manager.
Overall, AMarkets is a reliable broker that offers a wide range of trading instruments, competitive spreads, and flexible account types. The broker's educational resources and copy trading feature also make it a suitable option for both new and experienced traders.
Advantages:
AMarkets Regulator
International Financial Services Commission (IFSC) of Belize: The IFSC is the primary regulatory body for AMarkets and ensures that the broker complies with Belizean laws and regulations. The IFSC requires AMarkets to keep client funds in segregated accounts and provide negative balance protection. The IFSC's regulation provides traders with a level of assurance that the broker operates transparently and ethically..
Regulator website: International Financial Services Commission (IFSC)
Risk Warning
AMarkets offers various bonuses and promotions to traders, which can provide additional trading capital and other benefits. Here are some of the bonuses and promotions offered by AMarkets:
Welcome bonus
AMarkets offers a 25% bonus on a trader's first deposit, up to a maximum of $10,000. The bonus can be used for trading and cannot be withdrawn, but profits made using the bonus can be withdrawn.
Loyalty program
AMarkets offers a loyalty program that rewards traders for their trading activity. The program has five levels, and traders can earn cashback, trading bonuses, and other benefits based on their trading volume.
Cashback
Traders can earn cashback on their trading volume, with the amount of cashback depending on the account type and trading volume.
AMarkets offers a range of educational resources to help traders improve their skills and knowledge. The broker's education program includes webinars, video tutorials, market news and analysis, and a range of trading tools.
Overall, AMarkets' education program is comprehensive and covers a range of topics designed to meet the needs of traders of all levels. The broker's webinars, video tutorials, market news and analysis, and trading tools provide traders with practical insights and strategies for trading the markets. Traders can also benefit from the broker's copy trading feature, which allows them to automatically copy the trades of successful traders.
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Rating and Comments
AMarkets Users Reviews 2024
Authors:
Roman Mukhin
Financial expert, analyst and author
Jane Emberg
Financial analyst and editor
The education program offered by AMarkets is excellent. The video tutorials are very informative and the webinars provide valuable insights and strategies. I have learned a lot from the education program and it has helped me improve my trading skills.
AMarkets offers some of the best trading conditions in the market. The spreads are competitive and there is a wide range of instruments to trade. The platform is also very reliable and easy to use.
The withdrawal process with AMarkets is not bad, but it could be improved. The process is relatively quick and there are no complications, but there are some additional fees for certain payment methods. Overall, it is an average experience.
I had a bad experience with AMarkets’ customer support. The response time was slow and the representative was not very helpful. It took a long time to resolve my issue and I had to follow up multiple times.