Home -
-
Main body -

WikiFX Express

Exness
EC Markets
TMGM
XM
FXTM
AvaTrade
FOREX.com
IC Markets Global
FXCM
ACCM

AMarkets

WikiFX | 2025-02-18 17:16

Abstract:AMarkets is an unregulated forex broker based in St. Vincent and the Grenadines, offering various appealing trading conditions such as high leverage, and access to popular trading platforms like MetaTrader4 and MetaTrader5. It provides a wide range of trading instruments across seven asset classes, including forex, metals, cryptocurrencies, bonds, commodities, indices, and stocks. AMarkets also offers a mobile trading app for both Android and iOS users, allowing traders to access their accounts on the go.

Quick AMarkets Review Summary
Founded in2007
Registered inSt. Vincent and the Grenadines
Regulated byNo regulation
Trading Instruments500+, forex, metals, cryptocurrencies, bonds, commodities, indices, stocks
Demo Account✅($10,000 virtual balance)
Min Deposit$100
LeverageUp to 1:3000
EUR/USD SpreadFrom 0.2 pips
Trading PlatformMT4/5, AMarkets App
Copy Trading✅
Deposit Fee❌
Deposit and withdrawal MethodMasterCard, uzcard, bitcoin, tether, litecoin, ethereum, advcash, etcetera
Customer Service24/7 live chat, Telegram
Tel: +44 330 777 22 22
Email: support@amarkets.com
Bonus 15% first deposit bonus

Overview of AMarkets

AMarkets is an unregulated forex broker based in St. Vincent and the Grenadines, offering various appealing trading conditions such as high leverage, and access to popular trading platforms like MetaTrader4 and MetaTrader5. It provides a wide range of trading instruments across seven asset classes, including forex, metals, cryptocurrencies, bonds, commodities, indices, and stocks. AMarkets also offers a mobile trading app for both Android and iOS users, allowing traders to access their accounts on the go.

AMarkets' homepage

Pros and Cons

ProsCons
Wide range of trading instruments availableNo regulation
Multiple account types to suit different needsCommission fees for the ECN Account
Demo accountsRegional restrictions
MT4/MT5 trading platforms
No deposit fees
24/7 live chat support

Note: AMarkets does not offer services to clients from American Samoa, Angola, Armenia, Afghanistan, Benin, Botswana, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Comoros, Cuba, Ethiopia, Federated States of Micronesia, Gabon, Gambia, Grenada, Guam, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Jamaica, Japan, Kiribati, Kosovo, Laos, Lebanon, Lesotho, Liberia, Madagascar, Malawi, Maldives, Mali, Marshall Islands, Mauritania, Mongolia, Montenegro, Mozambique, Namibia, Nauru, Nepal, New Zealand, Nicaragua, Niger, Northern Mariana Islands, North Korea, Palau, Palestine, Paraguay, Puerto Rico, Republic of the Congo, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Suriname, Syria, Tanzania, The United Kingdom, The United States of America, The US Virgin Islands, Venezuela, Yemen, Zambia and Zimbabwe.

EU/EEA/EFTA countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland.

Is AMarkets Legit or a Scam?

As mentioned earlier, AMarkets is registered in St. Vincent and the Grenadines, but it is not regulated by any recognized financial authority. This lack of regulation may raise concerns for some traders regarding the safety and security of their funds. It is advisable for traders to exercise caution and conduct thorough research before engaging with unregulated brokers.

It is recommended to prioritize brokers that are regulated by reputable regulatory agencies, as they provide an additional layer of oversight and protection for traders.

No license

Market Instruments

AMarkets offers 500+ trading instruments, including forex, metals, cryptocurrencies, bonds, commodities, indices, and stocks.

Trading AssetsAvailable
Forex✔
Metals✔
Cryptocurrencies✔
Bonds✔
Commodities✔
Indices✔
Stocks✔
Options❌
ETFs❌

Account Types

AMarkets offers a total of 4 account types: crypto, fixed, standard, and ECN. The minimum deposit to open an account is MBT10, $100, $100, and $200 respectively. It also offers an Islamic account option for traders who adhere to Islamic rules on trading. It also provides traders with a demo account, which can develop trading skills and reduce trading risk for traders.

Standard: The standard account is for beginning and experienced traders. It offers a floating spread (starting from 1.3 pips), zero transaction fees for FX and metals, and supports Instant and Market execution. The minimum initial deposit requirement is $100/€100, and traders can access up to 1:3000 leverage. The trading hours start Monday at 00:00 and end Friday at 23:00 Eastern European Time (EET). The account is denominated in USD and EUR. Clients also get negative balance protection.

Fixed: The fixed account has a fixed spread, so it's ideal for clients who prefer to pay a fixed amount for each trade. It is suitable for position trading. It shares many similarities with the standard account. The differences are that it has a fixed spread and offers only 28 Forex trading instruments instead of the 44 currency pairs offered by the standard account.

ECN: The ECN features direct order execution at the Prime broker. It is suitable for scalping due to its swift order execution speed. The minimum deposit is $200 €200, and the spread starts from as low as 0 pips. Users of this account will pay a commission charge of $2.5 / €2.5 per 1 lot per side. It offers all trading instruments and offers negative balance protection. Stop out the requirement is 40%, while the margin for a hedged position is 50%.

Crypto: The crypto account is denominated in MBT (1 MBT = 0,001 BTC) and shares similarities with the Standard account. It offers the lowest leverage (1:100) and spreads floating from 1.3 pips. Users of the Crypto account have access to all trading instruments and negative balance protection.

account-types

Islamic account (swap-free): Clients who want to comply with Sharia law can ask for an Islamic account. The Islamic account is a variation of the Fixed, Standard, and ECN accounts with no swap charges or additional fees. It is not available for Crypto accounts. To use the Islamic account, open any of the supported accounts and send a request to activate the Islamic option in the Personal Area. The swap-free service does not apply to stocks, indices, cryptocurrencies, commodities, and bonds.

account-types

Demo Account: AMarkets provides a demo account with $10,000 virtual balance that allows you to try out the financial markets without the risk of losing money.

Leverage

AMarkets provides traders with a maximum leverage of up to 1:3000, which is considered to be one of the highest leverage options available in the forex trading industry. This generous leverage can be advantageous for experienced and professional traders who are looking to maximize their potential profits. However, it is crucial to acknowledge that high leverage also carries a higher level of risk.

It is important to note that the maximum leverage of 1:3000 is applicable to standard trading accounts, whereas the Crypto account offers a maximum leverage of 1:100. Traders should consider their trading strategy and risk management practices when deciding on the appropriate leverage size for their specific needs.

Spreads & Commissions

If you want to trade with AMarkets, we recommend that you take the time to calculate these transaction costs. As for the spread, we have given a brief explanation when describing account types. When it comes to the ECN Account, users of this account will pay a commission charge of $/€2.5 per lot per side. For the other three account types, AMarkets website shows that there are no commission fees.

Trading platforms

AMarkets supports MetaTrader4 and MetaTrader5 in addition to the AMarkets App it offers for iPhone and Android smartphone users.

AMarkets App: The AMarkets App is an ideal solution for people who want to trade with AMarkets on the go. It is available for iPhone, iPad, and Android devices. It offers trading instruments in 7 asset classes and is available in English, Indonesian, Malay, Persian, Russian, Turkish, and Uzbek languages. Users of the app have 24/7 customer support, real-time quotes, live and demo trading, and the ability to deposit and withdraw funds.

MetaTrader4: MT4 is regarded as the best trading platform for beginners and experienced traders. The app offers 30 indicators and supports 9 time frames, a locking option, and a single-thread strategy tester. It is accessible via mobile apps (iOS and Android), web terminals, and PC/MAC downloads.

MetaTrader5: MT5 is an advanced version of the MT4 trading platform. It offers more indicators, time frames, and updated strategy testers compared to the MetaTrader4. It also offers partial order filling, a built-in economic calendar, embedded MQL5 community chat, 6 types of pending orders, market depth, and a hedging option. It's ideal for copy traders (social trading) and algorithmic trading. It is accessible via mobile apps (iOS and Android), web terminals, and PC/MAC downloads.

trading-platform

Deposit & Withdrawal

In terms of deposit and withdrawal, like many other brokers, AMarkets provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc. The feasible payment methods are Visa, MasterCard, USDT, Bitcoin,Litecoin, Ethereum, Advcash, Perfect Money, FasaPay, Neteller, and Topchange. Deposits are free of charge while the broker may charge withdrawal fees.

payment-methods

Conclusion

AMarkets is a global forex broker for beginners and experienced traders who want a user-friendly platform, plenty of trading instruments, and support for specialized strategies such as copy trading and algorithmic trading. It offers generous leverage, fast order execution, and direct access to global financial markets. It offers different account types for various trading needs and Islamic trading options for those who want to adhere to Sharia laws.

However, it is worth highlighting that AMarkets is not regulated by any recognized financial authority. This lack of regulation may raise concerns for traders who prioritize the safety and security of their funds. It is advisable for traders to exercise caution and conduct thorough research before engaging with unregulated brokers.

FAQs

Is this broker well-regulated?

No, it is currently not effectively regulated.

Does this broker offer MT4/MT5?

Yes, AMarkets offers both MT4 and MT5, as well as the proprietary AMarkets App for you to choose from.

How much leverage does this broker offer?

The maximum leverage of AMarkets is 1:3000.

What is copy trading?

Copy trading is an investment service that allows investors to earn income in the financial markets by following the strategies of experienced traders and copying their trades. Professional traders, in their turn, profit by earning commissions from using Strategies.

LeverageBrokerCommission

Related broker

No Regulation
AMarkets
Company name:AMarkets LTD
Score
2.33
Website:https://www.amarkets.com/
5-10 years | Suspicious Regulatory License | MT4 Full License | MT5 Full License
Score
2.33

Read more

AssetsFX Scam Alert: 5 Troubling Signs

Forex trading has become a critical game now because of advancements in technology. Due to this Unfortunately, scam brokers have also entered in the Forex market. Therefore, you need to stay alert. This article aims to warn all traders and investors. Read carefully and stay aware.

Original 2025-08-01 20:11

Forex4Money: Where Your Money Goes In, But Never Comes Out!

Discover how Forex4Money traps investors with fake profit promises and blocked withdrawals. Read real complaints and protect yourself from this unregulated forex scam.

Original 2025-08-01 20:01

Interactive Brokers Launches IBKR Desktop 1.0 Update

Interactive Brokers releases IBKR Desktop Version 1.0, offering a seamless desktop trading experience packed with enhanced features for both retail and professional traders.

Original 2025-08-01 17:04

FCA Forex Trading Regulations Explained – What Every Trader and Broker Must Know

Want to begin your forex journey as a broker or trader in the UK? Start understanding the forex trading regulations applicable in the country. The regulations, imposed by the Financial Conduct Authority (FCA), are designed to enhance investor protection, operational transparency, and a robust UK forex trading market. Check out more about this.

Original 2025-08-01 17:03

WikiFX Express

Exness
EC Markets
TMGM
XM
FXTM
AvaTrade
FOREX.com
IC Markets Global
FXCM
ACCM

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
AvaTrade

AvaTrade

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
AvaTrade

AvaTrade

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
AvaTrade

AvaTrade

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
AvaTrade

AvaTrade

Regulated

Latest News

Euro zone inflation holds steady at higher-than-expected 2% in July

WikiFX
2025-08-01 17:05

Forex Success Stories: Lessons You Can Use to Win

WikiFX
2025-08-01 18:47

Scam Alert: FCA Issued Warning! Check the List of Unauthorized Brokers Below!

WikiFX
2025-08-01 18:07

FCA Forex Trading Regulations Explained – What Every Trader and Broker Must Know

WikiFX
2025-08-01 17:03

FIBO Group: A Closer Look at Its Licenses

WikiFX
2025-08-01 17:05

Making Money with Forex Weekend Trading

WikiFX
2025-08-01 17:00

FCA Issues New Alerts Against Unlicensed Financial Platforms, Including Clone Scams

WikiFX
2025-08-01 11:32

The Untold Story In Today's Jobs Report: The Unprecedented Purge Of Illegal Alien Workers

WikiFX
2025-08-01 22:40

What are Indian Traders saying about MINTCFD?

WikiFX
2025-08-01 18:24

Think Uncle Sam Owes $37 Trillion? It's Far Worse Than That

WikiFX
2025-08-03 05:00

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

AthenaFX

AthenaFX

Fx Trader Global

Fx Trader Global

OCTAFX

OCTAFX

Outrade

Outrade

sesaFXCM

sesaFXCM

IC Markets Global

IC Markets Global

Block Option

Block Option

XIN YONGAN INTERNATIONAL

XIN YONGAN INTERNATIONAL

Margin FX

Margin FX

GDFXI

GDFXI