AMarkets-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

AMarkets is an ECN broker offering forex and CFD trading on two platforms-MT4 and MT5 trading platform. AMarkets Ltd has been providing brokerage services in Latin America, Asia and CIS since 2007. The company is registered and authorised in Saint Vincent and the Grenadines, and does not fall under any regulatory agency.

Market Instruments

AMarkets offers various asset classes, from currencies to commodities: 42 currency pairs across majors, minors and exotics, including EUR/USD, 7 digital coins available, including Bitcoin and Ethereum, 2 futures bonds available: Euro-Bund and 10-Year Treasury Note, 144 popular global shares, such as Amazon and Pfizer Inc. 7 precious metals, including gold, silver and copper, 16 indices, including FTSE 100 and Dow Jones, 11 energy and agricultural commodities.

Minimum Deposit

There are 3 main accounts available at AMarkets: Fixed, Standard and ECN. The minimum deposit for the Fixed and Standard accounts is 100 USD or EUR, whilst the minimum for the ECN account is 200 USD or EUR.

Leverage

Leverage is available up to a maximum of 1:1000 on forex in the Standard and Fixed accounts. In the ECN account, the maximum leverage is 1:200 on forex. New traders should note that leveraged trading carries a high level of risk and may result in heavy losses.

Spreads & Commissions

Typical ECN spreads at AMarkets start from 0.2 pips for popular pairs such as EUR/USD and USD/JPY. Crude oil spreads are around 3 points and gold is around 21 points. Note that Standard account spreads come in at around 1.5 pips for EUR/USD. If youre trading in the Standard or Fixed account, commissions are included in the spread. In the ECN account, commissions start from $2.5 per 1 lot on forex.

Trading Platform Available

In terms of trading platform available, AMarkets offers both MT4 and MT5 trading platform, which is greatly to our surprise.

Deposit & Withdrawal

There are plenty of payment options available, including wire transfer, bank cards and electronic payment systems such as Skrill and FasaPay. AMarkets does not charge for deposits and processing times are instant for all methods, except for bank transfers, which take 3 – 5 business days. Withdrawal fees start from 0.5% for Perfect Money and Fasapay. Bank cards are charged from 2.2% and fees for bank transfer will depend on your bank. The minimum withdrawal amount for most methods is 10 USD or EUR. Processing times are generally instant but can be up to a few hours for bank cards and up to 5 days for bank transfer

Customer Support

AMarkets offers 24-hour support from Monday to Friday via telephone, email, or chat services such as WhatsApp and Telegram. Support is provided in over 12 countries including the UK, Armenia, Russia, Thailand and Nigeria.

• Email – support@amarkets.com

• WhatsApp – +44 77 234 229 89

• Telephone – +44 330 777 22 22