General Overview of Amarkets Broker
Reviewed broker: AMarkets
Operated by AMarkets Ltd
Established in 2007
Location: 2b Moskovska st., 7th floor, Podgorica, Montenegro
Regulation: The broker claims to be regulated by the Financial Services Authority (FSA) of Saint Vincent under number 22567 IBC 2015, however, during this review we were unable to verify this regulation from the FSA. AMarkets is not regulated by financial regulators such as CySEC or the FCA.
ECN trading environment: available
Trading instruments: Forex, Indices, Crypto, CFDs, Metals, Bonds, Commodities
Currency pairs: 50 Currency pairs
US traders: yes
Account, Payments and Trading Conditions
Account Types: Fixed, Standard, ECN
Standard - Best To Start with
Instant execution/Market execution
|Initial Deposit||$100/€100||$100/€100||From $200|
|Leverage||Up to 1:1000||Up to 1:1000||Up to 1:200|
|Order Volume||From 0.01 with step 0.01||From 0.01 with step 0.01||0.01 - 100 lots|
|Spread||Fixed from 3 pips||Floating from 1.3 pips||Floating from 0 pips|
|Commission||no||no||$2.5/€2.5 per 1 lot|
|Stop Out Level||20%||20%||40%|
|Account Currency||USD, EUR, RUB||USD, EUR, RUB||USD, EUR, RUB|
Standard Account Features
Ideal solution for both beginning and experienced traders. This account type has a floating spread and no minimum deposit requirements or any transaction fees, while it provides most of the features of a professional ECN account. Both Instant and Market execution are available for this type of account.
Fixed Account Features
The main feature of this account is that it has a fixed spread. It’s a classic choice for those who prefer to pay a fixed amount for each trade. The account suits best for position trading.
ECN Account Features
On ECN account every order is executed directly at the Prime broker. Liquidity is aggregated from the top-tier Liquidity Providers, allowing instant execution of orders of any size. The account is also good for scalping and has the fastest order execution speed, with a minimum deposit of $200.
Islamic accounts Review
Do you want to trade Forex instruments, but you can’t due to religious restrictions? We are pleased to inform you that AMarkets ensures that trading in financial markets is available to everyone and offers its clients who practice Islam and comply with the requirements of Sharia law to open a special Islamic account, free of any interest payment/charges.
Trading platforms: Metatrader 4, Metatrader 5
MT4 is rightfully considered the best trading platform among amateurs and professionals.
- 30 indicators available
- supports 9 time frames
- beginner friendly
- single thread strategy tester
- locking option
It offers a perfect combination of convenience and functionality. MT4 is the industry’s standard for online trading.
MT5 is a revised, state-of-the-art multi-asset platform.
- partial order filling
- 38 indicators available
- supports 21 time frames
- built-in economic calendar
- updated strategy tester
- embedded MQL5 community chat
- 6 types of pending orders
- market depth
- hedging option
Offers advanced trading functions and superior tools for comprehensive price analysis, algorithmic trading and copy trading.
Advanced charting: available
Technical indicators: yes
Back testing environment: yes
Expert Advisors: yes
One-click trading: yes
Automated Trading, Expert Advisors and Payment Options
Automated trading: available
Demo practice account: available
Islamic swap free accounts: available
Deposit/withdrawal fees: no
Minimum deposit requirement: $100
Payment methods: Credit Cards, Wire Transfer, Perfect Money, WebMoney, FasaPay, Neteller, Skrill
Deposit accepted in USD, EUR, RUB
Learning Material and Latest Promotions
Bonuses and Promotions
Love at first sight 14% trading bonus +2 Level cashback for deposits over $1000
Lovey— dovey 20% trading bonus +2 Level cashback for deposits over $3000
Match made in heaven 100% credit bonus for deposits over $500
At the time of the review, Customer Support specialists speak several languages and are always ready, 24 hours, 5 days a week, to answer your questions related to trading and investment services.
Is AMarkets regulated?
No. They are registered as an International Business Company in Saint Vincent and the Grenadines and are members of the Financial Commission.
Where is AMarkets located?
AMarkets’s registered address is AMarkets Ltd., Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. AMarekts is represented internationally with a European office in Montenegro as well.
How do I deposit in AMarkets account?
Funds can be deposited commission-free through bank wire transfer, credit card, Neteller, Skrill, FasaPay and WebMoney, among others.
What is the min. deposit for AMarkets?
The minimum deposit varies depending on the account being opened. Standard and Fixed Accounts require a minimum of $100/€100. The ECN Account requires a minimum of $200/€200.
What is the max leverage in AMarkets?
The maximum leverage offered by AMarkets is 1:1000 and is available on their Fixed and Standard Accounts.
How do I open an account with AMarkets?
An account can be opened at the click of a button on the AMarkets website, through clicking the ‘Create Account’ button.
Does AMarkets use MetaTrader?
Yes, AMarkets does offer MetaTrader 4 and MetaTrader 5 for Desktop, Web and Mobile.
How was the rating of Amarkets performed compared to other brokers?
This 2020 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Amarkets FX broker performance and features.
Overall our online Amarkets review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Amarkets or you find inaccurate details Amarkets broker review please get in touch with us and the changes will be applied.