AMarkets

Summary

AMarkets operates from Saint Vincent and the Grenadines since 2007. It is registered by the Financial Services Authority (FSA) and being regulated by The Financial Comission, which is an independent self-regulatory organization and external dispute resolution body, which is an alternative to the judicial system, tailored to resolve finance-related disputes in the financial markets. It is announced that each AMarkets’ client is guaranteed insurance coverage up to 20 000 EUR per claim in their website.

Trading Accounts

When we take look at AMarkets trading accounts, we can see three different types of accounts. AMarkets also provides a demo account for their clients in order to trade with virtual money and exercise.  You can convert your account to an islamic account by contacting customer services.

Here are the account types provided when we perform our review.

1. Fixed Account (Fixed Spread)
2. Standart Account
3. ECN Account
4. Demo Account

Registering an Account

In order to quickly register a standart account, you should complete following steps

• First fill your name, email, telephone number and country and select either Metatrader 4 or 5 from the dropdown menu.

• Then you’ll be directed to your customer area.
• You should confirm your email by clicking on the link that you’ve been sent. And also you need to confirm your telephone number and identity.
• You can use your national ID or passport just like most of the brokers.
• Once you complete the verification steps, you can open another account according to your trading style.

• You’ll select the base currency for your account. Choices are USD,EUR and BTC.
• You can select amount of your leverage. You can choose from 200 up to 1000 according to the account type you choose.
• Select whether you want to use Metatrader 4 or 5.
• After completing these steps, you’ll be given an account number and password in order to login using Metatrader.

Register an Account

Deposits and Withdrawals

AMarkets accepts transfers with many popular money transfer methods such as credit card, bank transfers, Neteller, Skrill, Webmoney, Perfect Money, Fasapay. In addition they receive and send payments in BTC, which is an important advantage. You can find all money transfer methods in the features section below.

Trading Platforms

AMarkets provides MetaTrader 4 , MetaTrader 5,  webtrader and mobile platforms for you to trade. You can use the multiterminal feature to manage multiple accounts from single terminal. AMarkets provide a mobile app for their customers which you can download for both Android and IOS devices below.

Android

IOS

Products, Spread and Commissions

Amarkets provides competitive spreads to its customers. We recorded spreads for  ECN account during late-London session, as we always do to obtain healthy values. You can see available products and spreads in the following image (in points) In this account, extra commission is applied according to the trading volume and pair (5 usd per lot) When evaluating the spread rates, you should be aware that you pay extra commission determined by the transaction volume in addition to the spread.

Products, Spread and Commissions

Bonuses

Bonuses offered by the company during the review;

• 25% for joining AMarkets
• Get cashback from AMarkets
• Double your trading deposit
• $50 for first review
• $10 for every friend

Terms and conditions apply to all promotions, which can be found on their website. We strongly recommend you to review.

Customer Service

AMarkets customer service provides support via phone, e-mail and live chat channels. Live customer service responded to our request for assistance in a short time, the presence of customer representatives who provide Turkish support stands out as an important advantage for Turkish customers.

Conclusion

AMarkets is one of the forex and CFD companies in the industry since 2007. Being in the market for a long time is an indication that they are an experienced company. It provides services with special accounts for the needs of its customers, wide range of products and tight spreads. You can experience the conditions by opening the demo account, which is offered indefinitely and for free, and if you like the trading environment, you can open real accounts and make your transactions.

Register an Account

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