AMarkets

The broker handles over 10,000 trading transactions per day in a safe and secure trading environment which connects traders from all around the world. While this online trading broker appears to be reputable and competent with their services, how do they stack up against other highly recognized trading brokerages? In the following review we delve deep into 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.

Exchange Platform

Since AMarkets services such an extensive array of traders from all over the world, they offer the ever popular MetaTrader 4 (MT4) 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. Both these platforms are highly sophisticated with a highly advanced charting package, numerous technical indicators and a whole suit of drawing and technical analysis tools. One of the more advanced feature of these platforms is the integrated MQL4 programming language which allows traders to implement custom trading strategies. As well, the MT4 and MT5 platforms support automatic trading.

In addition to the two platforms mentioned above, AMarkets supports the MT4 WebTrader platform which allows traders to login and trade from any computer or mobile device without the need to download any software. Also, AMarkets supports copy trading through the Mirror Trader and RoboX platforms. These platforms are great for beginner traders as they allow them to follow and copy the moves of more established and experienced traders.

Exchange Markets

AMarkets offers their traders an extensive list of financial instruments and markets to participate in trading. For instance, traders can find opportunities trading forex, precious metals, commodities, stocks, indices, and cryptocurrencies. See below the extent of these financial assets.

• Stocks: 147
• Currency pairs: 50
• Bonds: 3
• Precious metals: 7
• Commodities: 11
• Cryptocurrencies: 3
• Investment portfolios: 6

Fees

AMarkets has a very flexible fee structure in which traders can choose how the would like to incur fees through trading. For instance, traders can choose between fixed or variable spreads, market execution or instant execution, commission free trading or trades with tighter spreads but involve commission. No matter which type of trader you are, AMarkets has a favourable fee structure that suites your trading style. Another point worth mentioning is that traders do not incur any fees for deposits or withdrawals. See below the average spreads or commission for different account types.

Classic Accounts

• Fixed spread, 2 pips on EUR/USD

Direct Accounts

• Floating spread, 1.4 pips on EUR/USD

ECN Accounts

• Floating spread, 0.3 pips on EUR/USD + commission 5$ per lot

Institutional Accounts

• Floating spreads, from 0.0 pips on EUR/USD + commission 20$ per lot

Security and Fairness

As mentioned before, AMarkets is a regulated online trading broker and is also a member of the Financial Commission which protects traders in the event of any disputes. As well, trader’s funds are held in segregated accounts and the financial credibility of AMarkets was verified by Ernst & Young. In addition to this, AMarkets utilizes the latest security and encryption measures to ensure clients data, funds, and information is kept safe and secure.

As for fairness of the broker, AMarkets provides very fair trading conditions to traders of all levels. There are different levels of accounts for traders who invest more to benefit from their larger investments. Also, all traders have access to the same tradable assets and trading platforms.

Support

The customer support offered by AMarkets is phenomenal and traders have many methods of contact. For instance, customer support is available 24 hrs a day, 5 days a week through email, skype, live chat, telegram, and telephone. AMarkets offers multilingual support in 6 different languages and are always very helpful and friendly with their responses. Additional support can be found on their websites FAQ page and extensive education centre.

Conclusion

The AMarkets online trading brokerage is truly a magnificent trading brokerage who competently offers a wide variety of investment services for various financial assets. The brokerage utilizes the most popular MT4 trading platform and others to cater to every trader’s needs. Also, AMarkets offers very competitive fees and a variety of account options for their trading needs. All in all, AMarkets holds up to the reputation they’ve established and competently offer a variety of trading services.

AMarkets FAQ

Here are some of the most common questions that are asked about AMarkets crypto trading service.

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.

Screenshot