AMarkets review

Risk warning: CFDs and leveraged trading can lead to rapid losses. You may lose money, and high leverage can magnify both gains and losses.

AMarkets offers three account types, MT4 and MT5, and a broad set of CFD markets. The Standard account has a lower stated minimum and no separate forex commission, while ECN and Zero use spreads plus commissions. Experienced traders may value the platform choice, copy trading and leverage of up to 1:3000 for eligible forex clients. The central drawback is the regulatory picture: the identified international entity records are company registrations, not forex brokerage licences. The Financial Commission dispute process is private and is not statutory insolvency protection. AMarkets is therefore a conditional choice for traders who understand both the trading risks and the limits of the protection described.

How we reviewed it: This review considers broker account terms, fees, trading products, platforms and regulatory arrangements. See our review methodology.

AMarkets reports MISA regulation, but the available entity records require careful interpretation: AMarkets LTD is registered in Saint Vincent and the Grenadines, and AMarkets LLC appears in the Cook Islands company registry. Those records are company registrations, not forex brokerage licences. The international group does not target residents of the EU, EEA, UK or US. Check which entity would contract with you and what protections apply before depositing.

Regulation and Client Protections

Segregation is intended to separate client funds from company operating capital, but it does not turn a company registration into a brokerage licence or guarantee recovery if a firm fails. The Financial Commission fund applies only under its eligibility rules and does not insure trading losses. Treat the broker's client-money and negative-balance statements as subject to their applicable terms.

Costs depend on the account: Standard has no separate forex commission, while ECN and Zero add per-side commissions to their spreads. Consider the combined spread and commission for your expected trade size and frequency. Overnight funding can also affect positions held past rollover, and payment providers may charge their own transaction fees.

Spreads, Commissions and Total Trading Costs

Standard uses a floating spread with no separate forex commission. ECN and Zero pair narrower quoted spreads with a commission per standard lot per side. A minimum spread is not a typical all-session cost; the EUR/USD figures in the table are the account-level spread data, and the commission convention is shown alongside them.

Other Trading and Non-Trading Fees

For positions held beyond the daily rollover, the market, trade direction, size, prevailing interest rates and holding period affect any swap charge or credit. If your transaction currency differs from your USD account currency, conversion costs may be reflected in the exchange rate. Payment providers can also charge transaction fees even where AMarkets does not add a withdrawal fee.

Standard is the lower-entry option, with a $100 minimum and no separate forex commission; its floating EUR/USD spread is listed at 1.6 pips. ECN requires $200 and has a listed EUR/USD spread of 0.2 pips plus $2.50 per standard lot per side. Zero also requires $200; its listed EUR/USD spread is 0.0 pips, with a $5.50 per-side commission, and it is available on MT5. The right choice depends on whether the account's spread-and-commission combination suits your trading volume and platform needs. All three account types list leverage up to 1:3000, subject to equity and instrument restrictions.

AMarkets offers MetaTrader 4 and MetaTrader 5 across desktop, web and mobile. Both platforms suit traders who want familiar charting and order tools, while desktop is needed for custom-code work and running Expert Advisors. A VPS is also listed for traders who need automated strategies to run without keeping their own computer on.

Desktop, Web and Trading Platforms

MT5 includes market depth, six pending-order types, 21 timeframes and MQL5 tools. MT4 supports MQL4 Expert Advisors and scripts. The broker also lists a dedicated mobile app for account management and trading, as well as copy trading through its service.

AMarkets lists CFD access across several asset classes. A CFD tracks the price of an underlying market; it does not give you ownership of the underlying shares, fund units or cryptocurrency. Check contract terms, trading hours, financing and instrument-specific leverage before placing a trade.

The range includes forex, indices, commodities, stock CFDs, crypto CFDs and ETF CFDs. Access is restricted by residence: the international entity does not accept residents of the EU, EEA, UK or US, and UK retail clients cannot trade the listed crypto CFDs. Product-specific leverage limits also differ, so the maximum forex leverage does not apply across all markets.

AMarkets supports algorithmic trading through MT4 Expert Advisors and MQL4 scripts, and MT5 Expert Advisors and MQL5 tools. MT5 includes a Strategy Tester, market depth and six pending-order types. Traders can use the broker's copy-trading service to follow strategies, set a copy ratio and loss limit, or pause or exit a strategy; the broker says strategy providers may earn a commission when copied trades are profitable. Copy trading does not remove trading risk. Research and planning resources include market research, trading ideas and signals, market sentiment, an economic calendar, market news and a trading calculator. Short educational videos and introductory articles are also listed. Under market execution, volatility or thin liquidity can produce favourable or unfavourable slippage; no execution outcome is guaranteed.

AMarkets requires identity verification for a live account, including before trading, deposits or withdrawals. The broker says deposits must come from a payment method registered in the same name as the trading account. Residents of the EU, EEA, UK and US cannot open accounts with the international entity, so confirm eligibility and the contracting entity before beginning an application.

Account Opening and Identity Verification

Live-account verification requires a government-issued photo ID, email and phone verification, and proof of ownership of the funding method. A demo account can be used without completing verification. The minimum initial deposit is $100 for Standard and $200 for ECN or Zero.

Deposit and Withdrawal Methods

Customer Support

Support is listed as available 24/7 through email, phone, Telegram and chat. Listed support languages include English, Bahasa Indonesia, Russian, Uzbek, Turkish, Persian, Malay, Hindi, Kazakh and Kyrgyz. The contact email is [email protected] and the listed phone number is +44 330 777 22 22.

AMarkets may suit experienced traders who can assess the risks of an international entity and want a choice of MT4/MT5 accounts, high listed leverage or copy trading. It is a weaker fit for clients who require a clearly established statutory brokerage licence or who live in a country the international entity does not accept.

AMarkets vs Alternatives

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AMarkets is worth considering only if its entity, jurisdictional restrictions and trading terms fit your circumstances.