History and Inception
Since 2007, AMarkets has been serving both retail and institutional forex and CFD traders. It has built a successful brand showing transparency, trustworthiness, and total customer satisfaction over the years.
Goals and Objectives
The company's objective is to offer traders the best available trading conditions, satisfactory first-line support, and the most advanced tools for practical application possible in the arena of trading. AMarkets aspires to be accepted by traders all over the globe as the leader in online trading where it will constantly set benchmarks in terms of quality and innovation.
Its Reach Across the Globe
AMarkets has clients worldwide with its operations in over 200 nations. They have a group of multilingual people to attend to the general public, and as a result of localized services, the company's resources reach out to a wide range of regions.
Strengths and Weaknesses
Advantages:
- Robust platforms
- Wide variety of instruments
- Diverse account types
- Insightful research materials
- Copy trading
- Innovative trading tools
- AutoChartist
- 24/7 customer service
- VPS hosting
Points of Improvement:
- Limited regulatory oversight
- Withdrawal fees
- Wide spreads in some instruments
Security and Legislation
Licenses
Registration through the Financial Commission promises transparency in ad-hoc dispute resolution. For up to €20,000 of a single complaint, each of the customers is insured.
Fund Segregation and Protection
Client funds are held on segregated accounts at most reputable banking organizations. A Compensatory Fund offers even more protection for traders.
Tradable Asset Classes
FX Pairs
They offer over 40 forex pairs, both major and minor, without having to stick to conventional forex pairs. In addition, there's a stretching of leverage up to 1,000:1.
Commodities
Investing in commodities is made possible through gold, silver, crude oil, and a lot of other farm staples traded with the softest regulations.
Indices
Trade with some of the popular indices like FTSE 100, S&P 500 or NASDAQ: get to access great financial markets.
Cryptocurrency
AMarkets deal in popular cryptocurrencies, such as Bitcoin, Ethereum, and Ripple; this kind of trading can provide further exposure to the digital asset markets.
Account Types
Standard
| Minimum deposit | 0 |
|---|---|
| Commission | 1.3 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:3000 |
| Margin call level | 50 |
| Stop-out level | 20 |
ECN
| Minimum deposit | 0 |
|---|---|
| Commission | 0.2 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:3000 |
| Margin call level | 50 |
| Stop-out level | 40 |
Fixed
| Minimum deposit | 0 |
|---|---|
| Commission | 3.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:3000 |
| Margin call level | 50 |
| Stop-out level | 20 |
Zero
| Minimum deposit | 0 |
|---|---|
| Commission | 0.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:3000 |
| Margin call level | 50 |
| Stop-out level | 40 |
Fees and Charges
Spreads, Commissions
There is also the provision for zero pips on ECN accounts as being competitive as it is on Standard variables and having no commission while ECN accounts earn such.
Swap Rates
Swap charges are applied on overnight positions at visible rates. Shaikh abides by the ideology of religious authenticity under any Islamic account without any swaps enforced.
Inactivity Fees
Fees are assessed to states where clients have dormant accounts in order to encourage activity in trading and allowing maintenance to be completed on their accounts.
Trading Devices
MetaTrader 4 and 5
AMarkets is supportive of MT4 through to MT5, utilizing which customers are investing massively in various kinds of indicators and uses of algorithms.
Mobile Trading Apps
It includes the flexibility of the trades, the known feature, as well as the mobility of AMarkets, available for both Android and iOS devices. These applications provide up-to-the-minute market information and manage accounts smoothly.
WebTrader
WebTrader is designed to provide clients with the ability to conduct trading business from WebTrader without having to download extra software.
Customer Support
How to Register
If you want to trade with AMarkets, then go through a simple process which involves filling out an online application form, selecting trading accounts, and uploading verified necessary documents.
Requirements for Verification
Verification involves the submission of the proof of identity (National ID or Passport) and proof of residence (Official utility bill or bank statement).
| Website | |
|---|---|
| Address | T&F Chambers, Main Road, Rarotonga, Cook Islands |
| Headquarters | Comoros |
| Telephone | 64 98 844 019 44 330 777 22 22 |
| Customer support | 24/7 - email, live chat |
| Partner programs | Yes |
Deposits and Withdrawals
Payment Methods
It is possible to fund an account using various methods, such as bank transfer, or using a credit or debit card or e-wallet like Neteller, Skrill, and WebMoney.
Processing Times
Deposits are booked on a customer account immediately, and the majority of transactions accomplished in 1-3 days of the end of the transaction will ultimately go the way of processed withdrawals.
Fees Associated with Withdrawals
Most methods of depositing funds from all supported payment systems are free, but withdrawal fees may be applied with the method chosen. You can access further details through the official website.
FAQ
Is the broker regulated?
It is regulated by membership in the Financial Commission, providing independent and transparent trading agreements.
Which platforms are available for trade?
It includes MetaTrader 4, MetaTrader 5, WebTrader, and mobile applications available for both Android and iOS.
What is the minimum that I have to deposit?
This starts out for most account types with a minimum deposit of $100.
How many kinds of accounts do you deal in?
The confidence of clearing all four types of accounts demonstrates they have largely incorporated the much-needed design diversification among trading accounts at AMarkets.
Which are the fees and commissions being charged?
Spreads, commissions in case of ECNs, spread rates, and fees for cases of inactivity in dormant accounts.
How much leverage is allowed?
The leverage itself goes up to very large values, like 1000:1, depending upon the type of account opened and also the jurisdiction that controls all regulations.
Is demo available?
Yes, it has demo accounts for those who want to polish up the strategies and master the safe play of them.
How do I contact customer service?
Support is available 24/5 every day of the week, available by live chat or phone and email. Multi-lingual support is available for these services across the globe.