|Trading software||MT4, MirrorTrader, RoboX|
AMarkets formerly known as AForex and operated by AMarkets LTD., is a leading broker and proves wide variety of electronically traded products such as Forex, Metals, Commodities, Cryptocurrencies, Bonds and Equities CFDs.
Online broker AMarkets provides direct access to global markets and executes nearly 10,000 trades per day, equips clients with all necessary tools for self and algorithmic trading, as well as with robust money management solutions.
As such, we strive to provide the best service possible, with the highest regards to price feeds, execution speed and accuracy of order fills. The broker’s trading conditions are quite comfortable for a trader and include no commission and tight spreads. We provide high completion of order and No Dealing Desk deal completion.
Ernst & Young, one of the biggest auditing companies in the world, and part of the “Big Four”, audited the financial credibility of AMarkets. Auditors were given full access to all the trading platforms of the company and transparency towards its clients.
The auditors confirmed that the amount of money in the company’s accounts is more than the amount of its liabilities to clients as a result of analysing the brokerage’s capital adequacy.
Forex broker AMarkets’ mission is to continuously improve the trading environment to increase our clients’ profitability, and to compete on equal terms with global market leaders. Setting goal to continuously improve our trading environment to increase our clients profitability, we analyze our clients’ success rate on a quarterly basis and compare it with industry leaders. To ensure true comparison, we utilize the same exact calculation method as ordered by National Futures Association.
You can read reviews of our traders as well as write your personal review with your experience on the forex broker profile on our website.
|24 hour support|
|24 hour trading|
|Digits after the dot in quotes||5|
|Minimum position size||0.01|
|Pip spread on majors||2|
|Spread Type||fixed, variable|
|Standard account, $||100|
|Mini account, $||100|
|Popular payment methods||Credit Card, Bitcoin, Bank Wire, EPS|
|Account currencies||USD, BTC|
|Other instruments||Metals, CFD, Forex, Futures, Commodities, Indixes, Bitcoin|
|Languages||English, Russian, Thai, Turkish, Farsi|
|Platforms||MT4, MirrorTrader, RoboX|
|Bitcoin Forex Brokers|
I didn't stay with amarkets very long as I only took it out to use their platform. However, I decided to withdraw funds from account, but it’s complicated to make it from my end. So I ended up calling to customer support, after attempts they finally pick up the phone. First, they do everything to keep you as a client. Even if you will lose all your money. Second, there is no any technical assistance or support at all. This broker also has charged me fees because I used my MasterCard. Also, to add to this list of issues, they platform has no actual advantages across other competitors.
Amarkets certainly excludes benefits if you generate profit, but compensation is competitive among other companies. Free online courses and webinars mean average quality free information, sometimes contests for demo traders where it is working for those who have no real funds. No benefits if you trade for real money above $10K account size. However, you can find something promising if use Robox service that is based on completely automated transactions copied from other profitable accounts. It is probably the only one service without errors and where broker allows you to make money according my experience.
Is anybody knows if it's possible to invest into PAMM accounts from UK? Seems like this broker regulated by FCA but I definitely know that this type of investing is not allowed by regulator. I don't wanna go through the whole process of registration and finally find out that there is no such option for me. Little confusing and supposed to be fixed.
The order execution is 66 milliseconds compared to 500 ms industry average. Do you think it is fast? No, really, it is instant! But unfortunately the withdrawal is not as quick as the execution. I am afraid that I’ll have to present them my profit as far as they have not replied my message for a week already. Though the first my attempt was successful I got my profit in 2 days. And besides the point, the floating spreads can be rather high here. The pair EUR/RUB can achieve 30 points.
Now it is not easy to find a reliable forex broker which is not scam which will help you to get rid of your money. In my opinion Amarkets is one of the most stable, but there are some things which spoil the process. The terminal sometimes slows down and gives errors. The execution could be faster but in general I'm satisfied with them.