AMADEUS MARKETS

Amadeus Markets is a forex and CFD broker that was founded on 12 October 2023, making it a relatively new entrant to the online trading industry. The company operates under the legal name Amadeus Markets (UK) Limited and is headquartered in Spain, despite the UK reference in its name. As a young broker, it aims to attract retail traders with a range of account options and competitive pricing structures.

At the time of writing, Amadeus Markets does not hold any verified regulatory licence from a major financial authority. This means that traders considering the broker should be aware that they are not protected by the safeguards typically associated with regulated brokers, such as compensation schemes or strict oversight. The broker's website does not disclose any specific licence numbers, and our records show no licence on file.

Amadeus Markets offers three distinct account types to cater to different trading preferences. The RAW account requires a minimum deposit of $200 and features a minimum spread of 0.1 pips, with a commission of $4 per round turn. This account appears designed for active traders who prioritise tight spreads and are willing to pay a commission for lower transaction costs.

The two FIXED accounts both require a minimum deposit of $100, with minimum spreads of 1.5 pips and 1.8 pips respectively. These accounts are likely aimed at traders who prefer predictable spread costs without additional commissions. The availability of multiple fixed-spread options gives traders some flexibility in choosing the cost structure that best suits their trading style.

The broker does not publicly disclose the full range of tradable instruments on its website, but as a forex and CFD broker, it is likely to offer major and minor currency pairs, as well as contracts for difference on commodities, indices, and possibly cryptocurrencies. However, this information is not confirmed in the data we have.

Similarly, the trading platforms available to clients are not specified in the public information we reviewed. Many brokers in this segment offer popular platforms such as MetaTrader 4 or 5, but we cannot confirm which platforms Amadeus Markets supports. Traders interested in this broker should contact the company directly for a complete list of instruments and platform options.

Amadeus Markets does not provide detailed information on its deposit and withdrawal methods. This lack of transparency is a common concern among traders, as the ability to easily deposit and withdraw funds is a critical aspect of any trading relationship. Without clear information on funding options, payment processing times, or potential fees, traders may find it difficult to plan their finances.

Given the absence of disclosed withdrawal methods, potential clients should exercise caution and seek clarity from the broker before committing funds. A reputable broker typically provides comprehensive information on how to manage funds, including the available payment methods and any associated charges.

As noted, Amadeus Markets does not hold a verified regulatory licence from any recognised authority. This is a significant factor for traders to consider, as regulation provides a layer of protection against fraudulent activities and ensures that the broker adheres to strict financial standards. Without regulation, traders have limited recourse in the event of disputes or financial loss.

The broker's risk score, as assessed by FXCanary, is 52 out of 100, indicating an elevated risk level. This score is based on a combination of factors, including the lack of regulation, the negative reviews from users, and the overall transparency of the broker. Traders should weigh these risks carefully before deciding to open an account.

User reviews of Amadeus Markets are limited, with only four reviews on Trustpilot at the time of writing, resulting in a low average rating of 2.6 out of 5. The reviews that do exist are predominantly negative, with several users alleging that the broker is a scam and that it does not pay out withdrawals. One reviewer wrote, 'I invested but they didn't make any money They are fraudsters Don't invest,' while another simply stated, 'Scam not paying.'

These allegations are serious and should not be taken lightly. While the number of reviews is small, the consistency of the negative feedback is concerning. In contrast, the broker has no presence on other major review platforms, such as Forex Peace Army, which further limits the ability to gauge its reputation. Potential traders should consider these user experiences as a warning sign.

Amadeus Markets is a newly established broker with a limited track record and no verified regulatory oversight. While it offers a range of account types with competitive spreads, the lack of transparency regarding trading instruments, platforms, and funding methods is a drawback. The negative user reviews and elevated risk score further underscore the potential risks involved.

Traders who are considering Amadeus Markets should conduct thorough due diligence, seek independent advice, and be aware of the potential for financial loss. It is always advisable to choose a broker that is regulated by a reputable authority and has a solid track record of client satisfaction. In the case of Amadeus Markets, the available evidence suggests that caution is warranted.