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.

Market Instruments

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

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.

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.

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.

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.