AMarkets Review 2021

Stop United States not accepted.

Go to the Brokers List for alternatives

AMarkets Facts & Figures

AMarkets offers a suite of tools and trading products on the MT4 & MT5 platforms.

• Best Value Broker Middle East 2020 - Global Forex Awards
• Fastest Growing Forex Broker in the Middle East 2019 - Egypt Investment Expo
• Best Execution Speed Highest Client Success Rate 2014 - IAFT Awards
• Fastest Growing Broker 2013 - STP Broker Asia
• Best Educational Program 2011 - Show FX
Bonus25% welcome deposit bonus
InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies, bonds
Demo AccountYes
Min. Deposit$100
Payment MethodsCredit Card, FasaPay, Mastercard, Perfect Money, Skrill, Venmo, Visa, Wire Transfer
Min. Trade0.01 lots
Regulated ByFSA SVG
MetaTrader 4Yes
MetaTrader 5Yes
STP AccountNo
ECN AccountNo
DMA AccountNo
Mobile AppsYes
Auto TradingYes (EAs)
Social TradingYes
Copy TradingYes
Trade SignalsYes
Islamic AccountYes
Leveraged CFDs are a straightforward way to trade the markets without owning the underlying asset.
FTSE Spread64
GBPUSD Spread0.6
Oil Spread3
Stocks SpreadVariable

Buy and sell currency pairs, including majors, minors and exotics.

GBPUSD Spread0.6
EURUSD Spread0.3
EURGBP Spread1.5

Trade seven crypto coins against the USD.

SpreadFrom 30
Risk Warning – Your capital is at risk

AMarkets is an ECN broker offering forex and CFD trading on two award-winning platforms, including MetaTrader 4 (MT4). This broker review covers real and demo accounts, minimum deposit requirements, bonus deals, login security and more. Could AMarkets be the right choice for you?

AMarkets Details

AMarkets Ltd has been providing brokerage services in Latin America, Asia and CIS since 2007. The company is registered and authorised in Saint Vincent and the Grenadines, but has numerous global support offices across Europe, Asia and Africa. AMarkets serves over 350,000 clients and has picked up a number of global forex awards since its establishment.

The broker offers two of the most popular trading platforms available, plus various account types to suit different traders. There are also some additional trading tools, including access to Autochartist and copy-trading features.

Trading Platforms

MetaTrader 4

The MT4 platform is the forex industry’s top choice for online trading, offering reliability and convenience. The platform is beginner-friendly but boasts powerful and sophisticated price analysis tools for traders of any level.

The platform includes 30 technical indicators, which are supported on 9 different time frames. There’s also a single thread strategy tester, access to global news and the option to use automated strategies with trading robots (Expert Advisors).

AMarkets MetaTrader 4
AMarkets MetaTrader 4

MetaTrader 4 can be run directly from an internet browser, or you can download it onto your Windows or MacOS computer.

MetaTrader 5

MT5 is the revised version of MT4, offering superior tools for comprehensive analysis of the markets and access to copy-trading. Traders enjoy 38 pre-loaded indicators supported by 21 time frames, a built-in economic calendar, an updated strategy tester, 6 types of pending orders, an embedded community chat, Depth of Market (DoM) and hedging options.

AMarkets MetaTrader 5
AMarkets MetaTrader 5

MT5 is also available as the Web Trader version, or the downloadable terminal for Windows and MacOS users. Both solutions offer the same features and functionality.


AMarkets offers various asset classes, from currencies to commodities:

Spreads & Commission

Typical ECN spreads at AMarkets start from 0.2 pips for popular pairs such as EUR/USD and USD/JPY. Crude oil spreads are around 3 points and gold is around 21 points. Note that Standard account spreads come in at around 1.5 pips for EUR/USD.

If you’re trading in the Standard or Fixed account, commissions are included in the spread. In the ECN account, commissions start from $2.5 per 1 lot on forex. Rollover or swap rates will also apply to positions carried over into the next day.

Leverage Review

Leverage is available up to a maximum of 1:1000 on forex in the Standard and Fixed accounts. In the ECN account, the maximum leverage is 1:200 on forex. New traders should note that leveraged trading carries a high level of risk and may result in heavy losses.

Mobile Apps

Traders can access both the MT4 and MT5 mobile apps with AMarkets, which are available for iPhone/iPad and Android devices.

The mobile apps are convenient yet powerful and offer most of the features available on the desktop versions. Traders can use the various charting tools to analyse prices and keep up with the markets using the integrated news feed. Orders can also be placed with just one tap and prices can be viewed in real time within the Market Watch window.

AMarkets mobile trading
AMarkets mobile trading

Payment Methods


There are plenty of payment options available, including wire transfer, bank cards and electronic payment systems such as Skrill and FasaPay. AMarkets does not charge for deposits and processing times are instant for all methods, except for bank transfers, which take 3 – 5 business days.


Withdrawal fees start from 0.5% for Perfect Money and Fasapay. Bank cards are charged from 2.2% and fees for bank transfer will depend on your bank. The minimum withdrawal amount for most methods is 10 USD or EUR. Processing times are generally instant but can be up to a few hours for bank cards and up to 5 days for bank transfer.

Demo Account

Traders who want to trade in a risk-free account can sign up to the demo, which comes with $10,000 of virtual funds. A demo account is an excellent tool for both new traders and experts, as they allow you to practice trading skills and place trades without investing any real capital.

AMarkets Bonuses

AMarkets offers a few trader bonuses and promotions, including a 25% welcome bonus on minimum initial deposits of $500. There’s also a cashback loyalty program, where part of the spread is paid back to clients who trade regularly. Make sure to check the bonus terms and conditions before signing up.

Regulation Review

AMarkets Ltd is authorised and registered by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, with registration number 22567 IBC 2015. This is an offshore jurisdiction, so client protections are typically not as strong as those under UK or EU regulations, for example.

Nonetheless, the broker is a member of the The Financial Commission, an independent dispute resolution organisation which insures traders’ interests up to €20,000. The broker also offers negative balance protection, which prevents trader accounts from dropping below zero.

Additional Features

AMarkets offers some educational content, including forex news and analytics, as well as a blog. Clients can also get free access to the Autochartist indicator, plus an economic calendar and trader calculator. Copy-trading is also available in the RAMM account, where traders can earn up to 50% of investors’ profits on copied trades.

economic calendar
AMarkets economic calendar

Account Types

There are 3 main accounts available at AMarkets: Fixed, Standard and ECN. There are also Islamic swap-free accounts, plus PAMM and RAMM accounts.

The minimum deposit for the Fixed and Standard accounts is 100 USD or EUR, whilst the minimum for the ECN account is 200 USD or EUR. Order volumes are from 0.01 lots for all three accounts. Commissions are only charged in the ECN account which offers the tightest spreads. All accounts come with negative balance protection.


Traders who register with AMarkets enjoy several benefits:


Drawbacks of signing up with AMarkets include:

Trading Hours

Trading at AMarkets opens Monday at 00:00 and closes Friday at 23:00 Eastern European Time (EET). Specific market hours vary depending on the asset. For example, forex trading hours are Monday at 12:02 am to Friday at 11:00 pm (EET). You can find a full list of session times on the broker’s website.

Customer Support

AMarkets offers 24-hour support from Monday to Friday via telephone, email, or chat services such as WhatsApp and Telegram. Support is provided in over 12 countries including the UK, Armenia, Russia, Thailand and Nigeria.


Both MetaTrader platforms use industry-standard security procedures, including Secure Sockets Layer (SSL) encryption to safeguard data exchanged between servers. Traders can also add two-step verification upon login, which protects against hackers signing in from an unknown device.

AMarkets Verdict

AMarkets offers Standard and ECN accounts on the MetaTrader 4 and 5 platforms, plus additional tools and copy-trading. There’s also a range of good deposit and withdrawal methods, plus a demo account to suit beginners and experienced traders. The main downside is the offshore regulation, which may not provide adequate protections compared to other brokers.

Accepted Countries

AMarkets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use AMarkets from Angola, Armenia, Benin, Botswana, Burkina Faso, Burundi, Cape Verde, Cambodia, Cameroon, Chad, Comoros, Congo DR, Ethiopia, Gabon, Gambia, Ghana, Grenada, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Ireland, Jamaica, Japan, Kiribati, Laos, Latvia, Lesotho, Liberia, Liechtenstein, Lithuania, Madagascar, Malawi, Maldives, Mauritania, Mongolia, Mozambique, Mongolia, Namibia, Nauru, Nepal, New Zealand, Nicaragua, Niger, Korea, Paraguay, Rwanda, Senegal, Sierra Leone, Somalia, Sudan, Suriname, Swaziland, United States, Zambia, Zimbabwe.

Alternatives to AMarkets

If you are looking for alternatives to AMarkets we have compiled a list of the top 5 brokers that are similar to AMarkets below. This list of brokers like AMarkets is in order of similarity and only includes companies that accept traders from your location.

  1. EagleFX – EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.
  2. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  3. – boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
  4. ZuluTrade – Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets
  5. Rockfort Markets – Rockfort Markets is a New Zealand broker with a competitive range of assets, trading platforms and market conditions.


Does AMarkets offer a no deposit bonus? 

At the time of writing, AMarkets is not offering a no deposit bonus deal. However, traders can check the website or social media pages for any upcoming deals.

How do I open an AMarkets demo account? 

You can click on the Demo button at the top of the broker’s website and fill in your contact details to set up your demo login details. You will then be automatically redirected to the trading platform.

How much money do I need to start trading at AMarkets? 

The minimum initial deposit to start trading in the Standard and Fixed accounts is 100 USD or EUR.

Is AMarkets regulated?

AMarkets is licensed offshore by the Financial Services Authority in Saint Vincent and the Grenadines (FSA SVG) with register number 22567 IBC 2015.

What can I trade at AMarkets? 

AMarkets offers a diverse range of instruments, including forex and cryptocurrency pairs, commodities and precious metals, indices, stocks and bonds.

AMarkets offers a suite of tools and trading products on the MT4 & MT5 platforms.

AMarkets vs Other Brokers

Compare AMarkets with any other broker by selecting the other broker below.