Forex AMarkets Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.5

Business 1.8

Risk Control 2.1

Software 2.8

Regulatory 2.3

Terminal Snapshot

AMarkets Trading Conditions

Registered Region Saint Vincent and the Grenadines

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@amarkets.com

Contact Number +443307772222

Website www.amarkets.com

Balanced Review

Pros & Cons

Pros

Access to over 500 trading instruments
Supports popular trading platforms: MetaTrader 4 and MetaTrader 5
High leverage options up to 1:3000
24/7 customer support available
Multiple account types to suit different trading needs

Cons

No regulation by recognized financial authorities
Potentially high withdrawal fees
Limited educational resources for traders
Variable spreads can be higher than advertised
Concerns over customer support responsiveness

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	AMarkets	Anzo Capital	Focus Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Saint Vincent and the Grenadines	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does AMarkets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners and experienced traders	Floating spreads starting from 1.3 pips, zero commission for FX and metals	Minimum deposit of $100, negative balance protection included
Fixed Account	Traders who prefer fixed spreads	Fixed spreads, suitable for position trading	Minimum deposit of $100, limited to 28 Forex instruments
ECN Account	Scalpers and high-frequency traders	Low spreads starting from 0 pips, commission of $2.5 per lot per side	Minimum deposit of $200, designed for fast order execution
Crypto Account	Cryptocurrency traders	Access to all trading instruments, lower leverage of 1:100	Minimum deposit of $100, floating spreads from 1.3 pips
Islamic Account	Traders adhering to Islamic finance principles	Swap-free options available for Standard, Fixed, and ECN accounts	Requires a request for activation, not available for Crypto accounts
Demo Account	All traders	Practice trading without risk, $10,000 virtual balance	No minimum deposit required, great for skill development

Account Opening Process

To open an account with AMarkets, traders need to follow a straightforward process. First, they must submit personal, employment, and financial information. This includes providing identity verification documents such as an ID and proof of address. Once the account is set up, users have the flexibility to upgrade to a professional account at a later stage if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	From 0.2	$0 (ECN: $2.5/lot)	Tight spreads for major pairs
Forex (Minor Pairs)	From 1.3	$0	Variable spreads based on liquidity
CFDs (Stocks, Indices, Commodities)	Variable	$0	Depends on market conditions
Cryptocurrencies	Variable	$0	Spreads can vary significantly

Other Fees

AMarkets may charge various fees associated with trading. These include potential deposit and withdrawal fees, inactivity fees for dormant accounts, and any applicable platform usage fees. Additionally, overnight interest (swap rates) may apply to positions held overnight, and currency conversion fees could be incurred when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

AMarkets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Mr. Rolex

United States

★ ★ ★ ★ ★

After I deposited with my credit card and got approved, problems began. The trading conditions were not good, with significant slippage. When I decided to withdraw my money, they started giving excuses about documents. I submitted everything they requested, yet they charged a fee for withdrawal and never sent the money. The support was unhelpful, only providing excuses. I was supposed to receive my money a month ago, but I’m still fighting to get it back. Stay away!

心羽

Hong Kong

★ ★ ★ ★ ★

This platform is incredibly user-friendly for beginners, with helpful training resources available. I started with just $100, and so far, my experience has been great under the guidance of my account manager Fred. Highly recommend AMarkets for new traders!

Zebedee Pucklechurch

Nigeria

★ ★ ★ ★ ★

AMarkets’ spreads, especially on the ECN account, can be higher than advertised. Despite their claim of ‘instant’ transactions, I faced delays in deposits and withdrawals. The 1:3000 leverage may not suit everyone, and I experienced occasional glitches on the MT5 platform, impacting my trading experience.

Brian Lewis

United Kingdom

★ ★ ★ ★ ★

Opening an account with AMarkets was quick and easy. It took only a few minutes to set everything up and start investing. I appreciate their commission-free accounts, and the spreads are quite reasonable. Overall, a positive experience!

Saint Vincent and the Grenadines Market