Is AMarkets a Good Broker?
Our Overall Verdict
AMarkets is an online CFD and forex broker founded in 2007, operating with registration and licensing in offshore jurisdictions including the Cook Islands, Comoros, and Saint Vincent and the Grenadines. The broker caters primarily to high-leverage MetaTrader 4 and MetaTrader 5 users, offering leverage levels up to 1:3000 alongside comprehensive copy trading solutions, algorithmic trading support, and promotional trading bonuses. While it provides negative balance protection for retail clients, segregated accounts, and membership with The Financial Commission covering eligible claims up to €20,000, its regulatory oversight falls under tier-3 authorities, which provides less regulatory rigor than tier-1 jurisdictions.
Who Should Use AMarkets?
- Traders seeking maximum leverage up to 1:3000 on major currency pairs via MT4 and MT5.
- Algorithmic traders requiring Expert Advisor (EA) execution, MQL programming environments, and dedicated low-latency VPS hosting.
- Investors and strategy managers interested in integrated copy trading systems with customizable risk controls.
- Traders who value diverse funding methods, including major cryptocurrencies, e-wallets, and credit cards.
Who Should Avoid AMarkets?
- Traders seeking accounts overseen by top-tier financial regulators such as the FCA, ASIC, or CySEC.
- Residents of restricted countries, including the United States, United Kingdom, Canada, Japan, and European Union member states.
- Beginners looking for zero-commission trading with raw spreads on a single micro-account structure.
- Traders who require multi-currency base account options beyond US Dollars.
Strengths
- High leverage options up to 1:3000 on major currency pairs
- Support for MetaTrader 4, MetaTrader 5, and dedicated VPS hosting
- Integrated copy trading ecosystem with automated trade allocation
- Membership in The Financial Commission with protection up to €20,000 per claim
Weaknesses
- Regulated primarily in tier-3 offshore jurisdictions
- Extensive list of restricted countries including the US, UK, and EU nations
- Trading base account currency is limited to USD
- Standard account floating spreads are wider than raw market offerings
Is AMarkets safe?
5.8/10Regulation and Licenses
AMarkets was established in 2007 and operates through corporate entities registered in offshore jurisdictions. The broker holds regulatory licenses with the Mwali International Services Authority (MISA) in the Comoros under license number LLC14486/2023, the Financial Supervisory Commission (FSC) of the Cook Islands, and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. These authorities represent tier-3 regulatory oversight, which does not impose the same strict compliance, reporting, and capital adequacy requirements found in tier-1 jurisdictions such as the United Kingdom or Australia.
Client Protection
To mitigate counterparty risks, AMarkets segregates client funds from corporate operational capital in accounts held at international banking institutions and licensed liquidity providers. Additionally, AMarkets provides negative balance protection for retail clients, ensuring traders cannot lose more than their deposited capital in the event of severe market gaps. AMarkets is also an active member of The Financial Commission, an independent dispute resolution organization. Through this membership, clients have access to the commission's Compensation Fund, which provides coverage of up to €20,000 per eligible dispute.
Regulatory History
Information on this area is not publicly disclosed. AMarkets has maintained continuous operations since 2007 across its international offices, while restricting services in multiple regions including the United States, Canada, the United Kingdom, Japan, and the European Union to conform to international legal restrictions.
AMarkets at a Glance
AMarkets provides multi-asset CFD trading infrastructure built on MetaTrader software, accommodating diverse strategies from manual execution to automated systems. Founded in 2007, the brokerage has established operational offices across multiple global regions, including the Cook Islands, Turkey, Ukraine, Georgia, Nigeria, South Africa, Thailand, and Indonesia. With an editorial trust and safety rating of 5.8 out of 10 and a trading platforms rating of 9.4 out of 10, the broker balances flexible trading parameters with offshore regulatory structures.
How Much Does It Cost to Trade With AMarkets?
6.2/10Spreads and Commissions
Trading costs at AMarkets vary depending on the chosen account model. The broker offers commission-free trading on its Standard Account, where operational costs are incorporated into floating spreads. On raw pricing accounts, such as the ECN and Zero Accounts, spreads start from 0 pips, accompanied by a fixed commission per standard lot.
| Instrument / Pair | Average Spread | Commission per Lot |
|---|---|---|
| EUR/USD | 1.6 pips | None on Standard; $2.5–$3.5 per side on ECN/Zero |
| GBP/USD | 2.3 pips | None on Standard; $2.5–$3.5 per side on ECN/Zero |
| Gold (XAU/USD) | 0.35 points | None on Standard; $2.5–$3.5 per side on ECN/Zero |
| S&P 500 CFD | 0.8 points | Included in spread / Asset specific |
| Commodities & Bonds | Floating | $10 per lot on raw structures |
| Single Stocks | Floating | 0.1% per lot |
Other Trading and Non-Trading Fees
AMarkets charges overnight swap fees on positions held open across market rollover, with the exception of swap-free Islamic accounts. The broker does not levy standalone currency conversion fees, though cross-currency conversions reflect prevailing platform rates. On the non-trading side, AMarkets does not charge account inactivity fees. Zero balance accounts inactive for 60 days are simply archived. The broker does not charge deposit fees and reimburses payment processing charges incurred from banks or payment gateways, though variable fees may apply to withdrawals depending on the selected transfer method.
What Is It Like to Trade With AMarkets?
9.4/10Trading Platforms
AMarkets centers its execution environment on established third-party trading terminals, offering flexibility across desktop, web browsers, and mobile operating systems:
- MetaTrader 4 (MT4): Available for desktop, web, and mobile, featuring interactive charting, 30 technical indicators, multiple order types, and automated trading using MQL4.
- MetaTrader 5 (MT5): Offers advanced technical analysis, an expanded indicator suite, 21 timeframes, an integrated economic calendar, and multi-threaded strategy backtesting via MQL5.
- AMarkets Mobile App: A dedicated mobile application available on Android and iOS platforms for live trading, account monitoring, and client portal management.
Execution and Trading Tools
AMarkets operates using market execution, meaning trades are filled at the prevailing market price, with occasional positive or negative slippage possible during volatile conditions. The broker supports full hedging capabilities, enabling long and short positions on the same asset without requiring additional margin. Scalping is explicitly permitted on all account models, supported by micro-lot sizing from 0.01 lots. Algorithmic traders can deploy Virtual Private Server (VPS) hosting directly through the broker, delivering multi-core processing, SSD storage, and server response times under 16ms in European regions for 24/7 automated strategy execution.
Automated and Copy Trading
Algorithmic execution is supported natively across MT4 and MT5 through Expert Advisors (EAs). In addition to algorithmic scripts, AMarkets offers an integrated copy trading network. This platform allows investors to browse master strategy ratings sorted by profitability, trading history, and drawdown metrics. Investors retain full equity custody, can define personal loss limits, set investment ratios, and pause or stop copy allocations at any time.
What Can You Trade at AMarkets?
5.6/10Forex and CFDs
AMarkets provides access to a selection of contract for difference (CFD) markets. In the currency segment, clients can trade major, minor, and exotic currency pairs with floating spreads and leverage up to 1:3000. Cryptocurrency CFDs are also supported, featuring prominent digital assets such as Bitcoin, Ethereum, and Litecoin, which can also be utilized for trading competitions and copy trading.
Stocks, Indices, Commodities and Other Markets
Beyond foreign exchange, AMarkets covers global asset classes through derivative contracts:
- Indices: Cash and forward CFDs on benchmark global equity indices, including the S&P 500 index.
- Commodities: Spot energies, agriculture, and precious metals, including Gold (XAU/USD).
- Stocks & Shares: CFD contracts on global blue-chip equities with competitive 0.1% commissions per lot.
AMarkets Accounts and Leverage
8.1/10Available Account Types
AMarkets accommodates different trading styles through three primary live account structures:
- Standard Account: Designed for everyday retail trading, requiring a $100 minimum deposit with all-inclusive floating spreads and zero commission on currency pairs.
- ECN Account: Built for active and algorithmic traders seeking direct market spreads starting from 0 pips, carrying a $200 minimum deposit and a commission of $2.5 to $3.5 per side per standard lot.
- Zero Account: Features raw market spreads from 0 pips with fixed commissions, requiring a $200 minimum deposit.
- Islamic Account: Available upon request across Standard, ECN, and Zero tiers for Muslim traders, removing overnight rollover swap charges on forex pairs and metals.
- Demo Account: A risk-free virtual balance account enabling traders to test strategies and MetaTrader platform features prior to live capital deployment.
Minimum Deposit
The entry threshold for an AMarkets Standard account is $100 (or €100). For traders opening raw spread ECN or Zero accounts, the minimum initial funding requirement is set at $200. Account base currency is restricted to USD.
Leverage and Margin
AMarkets offers maximum leverage of up to 1:3000 on major currency pairs. The broker applies dynamic margin rules, scaling leverage downward as trading volumes increase. Furthermore, weekend leverage restrictions cap maximum exposure at 1:1000 from Friday 22:00 to Monday 01:00 server time. Margin call levels range between 50% and 100%, while automatic stop-out occurs when margin levels fall between 20% and 40% depending on the account configuration. During major economic news releases, leverage on affected currency pairs and metals is restricted to 1:200 within 15 minutes prior to and 10 minutes following the event.
Depositing and Withdrawing Money at AMarkets
7.4/10Deposit Options
AMarkets provides a variety of payment options to fund trading accounts. Supported methods include Visa and Mastercard debit and credit cards, e-wallets such as Advcash, and multiple cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), USD Coin (USDC), and Binance Coin (BNB). Card, e-wallet, and cryptocurrency deposits are processed instantly, while bank wire transfers require 1 to 3 business days. AMarkets applies a 0% deposit commission policy, reimbursing transaction fees charged by third-party processing intermediaries. All funding sources must be registered in the trader's legal name to comply with Know Your Customer (KYC) requirements.
Withdrawal Options
Withdrawals must be processed through verified payment channels matching the original deposit method. Payouts through cryptocurrency and e-wallets are typically completed within 24 hours. Bank card withdrawals require 1 to 5 business days, and international bank wire payouts require 3 to 5 business days. Variable processing fees may apply depending on the payment gateway used for withdrawal.
Deposit methods
Withdrawal methods
How Good Is AMarkets Customer Support?
7.4/10Support Channels and Availability
Customer support at AMarkets operates 24/7 to accommodate global market sessions. Traders can connect with customer service representatives via email at [email protected], direct telephone support via +44 330 777 22 22, live web chat, and Telegram messaging channels. Support services are offered in multiple languages, including English, Bahasa Indonesia, Russian, Uzbek, Turkish, Persian, Malay, Hindi, Kazakh, and Kyrgyz.
Our Support Experience
Our editorial evaluation assigns AMarkets a customer support score of 7.4 out of 10. The 24/7 availability across instant messaging apps like Telegram and web chat ensures prompt response times for general platform inquiries and technical support. The multi-language capabilities effectively address a wide international client footprint.
AMarkets Research and Educational Tools
8.9/10AMarkets offers an extensive suite of research and educational resources, achieving an editorial score of 8.9 out of 10. The broker provides proprietary analytics directly within its client area, covering daily technical insights, economic calendars, and market overviews. On the educational front, AMarkets hosts dedicated blog articles and instructional videos covering fundamental analysis, risk management principles, and specialized modules such as news trading strategies. Algorithmic traders also receive access to guidance for setting up Windows and Mac Remote Desktop Connections for VPS hosting and automated EA deployment.
Is AMarkets Right for Your Trading Style?
AMarkets for Beginners
Beginners can practice through free demo accounts and utilize educational resources that cover trading fundamentals. The copy trading platform offers access to verified strategy managers without requiring complex manual market analysis. However, the high maximum leverage of 1:3000 carries significant risk, and the absence of tier-1 regulatory supervision necessitates disciplined risk management.
AMarkets for Day Traders and Scalpers
Day traders and scalpers benefit from low-latency execution on MetaTrader platforms, raw spreads from 0 pips on ECN accounts, and explicit permission for high-frequency trading. The minimum lot size of 0.01 provides precise position sizing, though traders must monitor dynamic margin requirements and weekend leverage adjustments.
AMarkets for Algorithmic Traders
Algorithmic traders are well accommodated through MQL4 and MQL5 development environments on MT4 and MT5. The broker provides low-latency VPS hosting with sub-16ms European connection speeds, ensuring uninterrupted execution for trading robots and Expert Advisors without reliance on personal hardware.
AMarkets for Experienced Traders
Experienced market participants can capitalize on flexible leverage up to 1:3000, multi-directional hedging with zero additional margin, and the tiered Cashback Loyalty Program, which provides cash rebates of up to $17 per lot traded. Strategy providers can also monetize their track records by leading copy trading pools.
What Do Traders Say About AMarkets?
Common Positive Feedback
Traders frequently highlight the responsiveness and speed of the customer support team across live chat and messaging platforms. The variety of instant funding methods, particularly cryptocurrency and card channels, receives frequent positive commentary. Additionally, users often praise the simplicity of the copy trading interface, the availability of high leverage, and the continuous execution uptime provided by the broker's VPS services.
Common Complaints
Negative feedback often centers on the verification and compliance processes during withdrawal requests, with some users reporting delays when additional banking documentation is requested. Other common criticisms involve the spread markups on standard accounts during off-peak liquidity hours and the dynamic leverage restrictions enforced around major macroeconomic news releases.
Trustpilot and App Store Ratings
| Platform | Rating | Number of Reviews |
|---|---|---|
| Trustpilot | 4.8/5 | 3709 |
| Google Play | 4.41/5 | 29982 |
| App Store | 4.81/5 | 54 |
How AMarkets Compares With Other Brokers
| Broker | Minimum Deposit | Maximum Leverage | Regulation | Trading Platforms |
|---|---|---|---|---|
| AMarkets | 100 | 3000 | MISA, FSC, FSA | MetaTrader 4, MetaTrader 5 |
| RoboForex | 10 | 2000 | FSC | MetaTrader 4, MetaTrader 5, R StocksTrader, R WebTrader, R MobileTrader |
| IC Markets | 200 | 1000 | ASIC, CySEC, FSA, SCB | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader |
| FBS | 5 | 3000 | FSC, CySEC, ASIC, FSCA | MetaTrader 4, MetaTrader 5, FBS app |
| XM | 5 | 1000 | FSC, CySEC, FSCA, DFSA, FSA, SCA | MetaTrader 4, MetaTrader 5, XM App, TradingView, WebTrader |
Final Verdict on AMarkets
Operating since 2007, AMarkets has developed a comprehensive trading environment that appeals strongly to high-leverage traders, automated EA users, and copy trading participants. Its core strengths include high maximum leverage up to 1:3000, reliable MetaTrader 4 and 5 integration, dedicated VPS solutions, zero deposit fees, and protection up to €20,000 via The Financial Commission. On the other hand, the brokerage operates under tier-3 offshore regulatory frameworks, restricts access in major regions like the US, UK, and EU, and limits base account denominations to USD. For traders seeking maximum flexibility, active promotions, and advanced MT4/MT5 tools within an offshore structure, AMarkets provides a well-rounded operational package, provided individual risk parameters are carefully managed.
AMarkets FAQs
The minimum deposit is $100 (or €100) for a Standard Account, while ECN and Zero Accounts require a minimum deposit of $200.
AMarkets holds licenses and registrations across offshore jurisdictions, including MISA in the Comoros (license number LLC14486/2023), the Financial Supervisory Commission (FSC) in the Cook Islands, and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
AMarkets offers maximum leverage of up to 1:3000 on major forex pairs, subject to weekend reductions to 1:1000 and dynamic margin adjustments based on trading volume.
Yes, AMarkets provides an integrated copy trading service allowing investors to replicate the strategies of experienced traders in real time on MT4 and MT5 with custom risk limits.
AMarkets supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on desktop, web, and mobile, alongside proprietary AMarkets mobile applications for iOS and Android.
AMarkets maintains segregated bank accounts for client funds, provides negative balance protection for retail traders, and is a member of The Financial Commission, which offers a compensation fund of up to €20,000 per claim.
No, AMarkets does not charge maintenance or inactivity fees on dormant accounts, though accounts that remain idle for 60 days with a zero balance are automatically archived.
Traders can access contracts for difference (CFDs) across forex pairs, commodities, market indices, stocks, shares, and cryptocurrencies.
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