AM is not definitely a scam, but their brokerage practices are not good, primitive and requires improvements. Why I think so: they provide very nice customer service; in some cases it hard to reach them (I was holding on line for 20 minutes until a manager became available); verification process takes too much iterations and processing; not difficult to withdraw money but time varies from 2 to 5 days. I believe that any broker should make withdrawals easy and simple. Very important is they offer many useless services that have no value at all. It doesn't help you to make more profit or eliminate risks. I won't pick this broker for FX trading.
That's really advanced level of service you can get here. From direct market access and wholesale liquidity to full order execution. By trading variety of multi asset classes, I have access to spot FX, metals, energy and cfd instruments. Fortex 6 platform is fully equipped for developing trading systems by using C# programming language. Before I switched to algo trading, I used MT4 platform that is also available as well as my current trading platform. Broker guarantees stability of all systems. Order process takes up to one millisecond. There are many solutions and I am glad I have access to such a great infrastructure. It's completely ensuring my automated orders executions and brining high level of confidence. I think the broker is a serious partner in financial markets.
Great Broker. spreads are amazing and the execution is even better. Never been slipped or rejected. I truly believe it when they say all trades are offset directly with the banks. Finally a true "no deal desk" broker.
It is difficult to overestimate the role of clients' reviews about brokerage companies and dealing desks. Such reviews are the most objective statement in favor of a certain forex company or against it. Once you are not sure if Advanced Markets is reliable, read reviews left by traders who have been trading in the forex market with this company before. Although just impressions and experience of other people are not enough to make a final decision about the forex broker, they are the evidence that will assist you in forming an objective opinion.
Opinions left by traders about Advanced Markets may serve well to both forex newbies willing to learn most about the company and to the experienced venturers who are up to testing a new forex broker. Whenever the traders are unhappy with any element of the broker's operations, or, on the contrary, if they wish to praise the company, they are able to leave their actual comments about Advanced Markets. These comments will help their less experienced fellow traders to make proper decisions.
Advanced Markets, LLC. is a registered Futures Commission Merchant (FCM), registered with the Commodity Futures Trading Commission (CFTC) and NFA member (0368125). They specialize in a Direct Market Access (DMA) brokerage model. Advanced Markets was established in 2006 and is a Futures...
Regulation: NFA, CFTCAdvanced Markets trading information