AMarkets Forex Broker Review

Choosing a reputable forex & CFDs broker to deal with can be an overwhelming task when there are so many viable options to choose from. The market is saturated with online trading brokerages, but the problem is, some of these brokerages cannot be trusted and may be fraudulent. We want to make your decision easier by shining light on the online trading broker known as AMarkets. This brokerage has gained massive interest over the years and is accepting traders from all over the world. Join us in the following review, where we’ll delve deep into all the aspects that make up this online trading brokerage and see what sets AMarkets apart from the competition and whether or not they can be trusted.

Our Rating of AMarkets:
  • Minimum deposit $0
  • Max Leverage: 1:500
  • Spread: Floating
  • Forex Licences: FSA
Our Overall Rating: 83/100• Top Forex Broker •

Company Information

AMarkets is a well established online trading brokerage offering a wide range of investment products and services. The brokerage has over 10 years of experience in the financial trading industry as it was founded in 2007. Since their establishment AMarkets has gained a massive client base and now handles over 10,000 trading transactions per day in a safe and secure online trading environment which connects traders from all around the world. As AMarkets serves traders from around the world, they have numerous international offices including offices located in Almaty Kazakhstan, Tbilisi Georgia, and Armenia Yerevan. Also, the AMarkets main headquarters are based out of Montenegro at #2B Moskovska St. 7th Floor, Podgorica, Montenegro.

The AMarkets brokerage is owned and operated by AMarkets Ltd who is registered and regulated by the Financial Services Authority (FSA) of Saint Vincent with license number 22567 IBC 2015. As well, AMarkets is a member of an international dispute resolution organization known as the Financial Commission. This organization insures traders up to $20,000 in the event of a financial dispute where the trader loses money. Another thing regarding the safety and credibility of AMarkets is their full cooperation with financial verification by Ernst & Young, which is an international auditing company apart of the “Big Four”. These regulations and organization compliances prove that AMarkets is in fact a reputable and competent online trading brokerage. However, the brokerage is not authorized to serve traders everywhere, AMarkets must not provide services to traders who reside in the following countries; the USA, Great Britain, Japan, Lithuania, North Korea, Algeria, Myanmar and Iraq. Despite not servicing these countries, AMarkets is still a successful and internationally recognized trading brokerage and has won numerous awards for their services. See them listed below.

Trading Platforms

AMarkets provides every trading account with the popular MetaTrader 4 (MT4) trading platform as it is the most well-known and recommended trading platform in the world. In addition to this platform, AMarkets gives traders the option to use the upgraded MetaTrader 5 (MT5) platform as well. These two platforms feature a number of graphical tools, technical indicators, and one click trading for lightning fast execution of orders and technical analysis. As well, traders can implement a wide range of automatic trading strategies and scripts known as “Expert Advisors” (EAs) using the MetaQuotes Language 4 (MQL4). The MT4 & 5 trading platforms are also very aesthetically pleasing and well designed, making them great platforms for not only experienced traders, but beginners as well.

In addition to the two platforms mentioned above, AMarkets supports the MT4 WebTrader platform for easy no-download necessary web-based trading, and the MirrorTrader and RoboX platforms for copy trading. The latter two trading platforms are great for beginners as they allow them to copy the moves of more experienced traders. Overall, the range of platforms features by AMarkets is extensive and accommodating for all types of traders.

Assets Available

AMarkets strives to accommodate the trading needs and desires of every type of trader. Which is why the provide access to a wide variety of financial products such as Forex, Special Metals, Commodities Indices, Bonds and Equities CFDs, as well as major cryptocurrencies. Among these markets are the most favorable currency pairs in forex, leading global company shares, and the most liquid variety of financial assets. AMarkets most definitely delivers in terms of tradeable financial instruments across numerous global markets. For instance, traders have access to 50 different currency pairs in the forex markets, 147 stocks from leading global companies, 3 government bonds, 7 precious metals, 11 commodities, 3 of the most popular cryptocurrencies, 6 highly lucrative investment portfolios, and 27 indices. This amount and range of tradeable assets is enough to accommodate nearly every type of trader or investor.

Bonuses & VIP Program

AMarkets offers new and existing traders a wide variety of promotions and bonuses to entice them into trading more or depositing funds. Unlike many online trading brokerages with promotions and bonuses, AMarkets genuinely wants to reward their clients and see them succeed for trading and depositing funds. The promotions and bonuses are not simply implemented as a scheme to attract new clients, but rather to entice them to spread the word and enjoy trading with AMarkets. See below, the current bonuses and promotions AMarkets are offering new and existing clients.

Account Types

To suit the needs of a broad range of traders, AMarkets offers a wide variety of account types, each with varying aspects to suit individual trader’s needs. Currently AMarkets offers 5 different account types to choose from, see their details in the account overviews below.

Classic

Direct

ECN

Institutional

Bitcoin

Mobile

All of the trading platforms offered by AMarkets are available for download as a mobile application on the Apple App Store and Google Play Store. The trading platforms have been fully optimized for trading on both Apple and Android smart phones and tablets. These mobile trading platforms maintain most of the sophisticated features that the desktop platforms have and allow traders to make important decisions while one the go. Some of the key features supported by the mobile trading applications include; numerous technical indicators, variety of chart types, time frames, customizable interfaces, sound notifications and alerts, news outlets, advanced order types, portfolio management, and more. The trading platforms available to AMarkets traders are truly phenomenal and so are their corresponding mobile applications.

Deposit & Withdrawals

Since AMarkets is an international online trading brokerage, they provide clients with a wide array of deposit and withdrawal methods. The methods featured by them are very fast and feature none to low transaction fees. The deposit and withdrawal process offered by AMarkets is a top of the line process compared with the industry standards. See the available deposit and withdrawal methods below, along with their processing times and associated fees.

Plastic Cards (Visa, MasterCard, Prepaid Card)

SWIFT Bank Wire Transfer

Deposit and withdrawal fees and processing times are the same for this method. See the details below.

Electronic Payment Systems

All deposits for e-payment systems are free and funds are processed instantly. As for withdrawals, see the details below.

Customer Support

One area that AMarkets soars above the competition, is their excellent level of customer support. The support offered by AMarkets is unparalleled because of their quality and level of care when dealing with each and every client. Support representatives are available 24 hours a day, 5 days a week, and can be reached via email, skype, live chat, telegram, and telephone. The variety of contact methods are plentiful, and each one of them provides the type of service one would expect from the corresponding method. For instance, support via email takes slightly longer but is very thoughtful and helpful with their responses. The live chat option can assist your needs in an instant, and the telegram channel is a great place to learn from the AMarkets community. As for telephone and skype, traders receive more personalize support. All in all, the support methods available and their quality is very good.

Extra Features & Resources

AMarkets provides their clients with tremendous value with not only their trading services and wide array of investable products, but their extensive variety of extra features and resources. For instance, AMarkets provides traders with a comprehensive education center where the can learn the ins and outs of the AMarkets trading platforms, and how to become a successful trader. As well, they feature educational content for more experienced traders so that they can improve their skills and trading knowledge. Another additional feature is the AMarkets news and analysis section on their website. Here, traders can catch up on all the latest market moving news and analyze various charts and indexes. The analytics section of AMarkets provides traders with all the sophisticated tools they need to successfully plan and analyze their next big move. All in all, it’s clear that AMarkets goes above and beyond the standard trading brokerage services by providing clients with the information and resources needed to trade successfully.

Verdicts

Pros

Cons

FAQ

Is AMarkets regulated?

Yes. AMarkets is regulated by the Financial services Authority (FSA).

Where is AMarkets based?

AMarkets is based out of Montenegro.

How does AMarkets make money?

AMarkets charges trading fees through commissions and spreads.

How do I deposit in AMarkets account?

AMarkets accepts Bitcoin deposits, Bank Wire transfer, Credit cards and eWallets.

How do I withdraw money from AMarkets?

You can withdraw from AMarkets through Bitcoin deposits, Bank Wire transfer, Credit cards and eWallets.

Can I trade on AMarkets with my mobile device?

Yes, you can use your mobile device to trade on AMarkets through their downloadable mobile application.

Is AMarkets reliable?

AMarkets has proven to be a reliable and trusted exchange that has yet to be hacked.

Is AMarkets a scam?

No. AMarkets is a very legit exchange and is not a scam.

Company AMarkets
Website http://www.amarkets.com/
Headquarters Montenegro
Established 2007
Deposit Methods Credit/ Debit Card, Bitcoin, Perfect Money, WebMoney and many more