AMADEUS MARKETS Account Types & How to Open

Amadeus Markets offers three account tiers: one RAW account and two FIXED accounts. The RAW account requires a minimum deposit of $200 and advertises a minimum spread of 0.1 pips, with a commission of $4 per round turn. The two FIXED accounts both require a minimum deposit of $100, with minimum spreads of 1.5 and 1.8 pips respectively, and no commission is disclosed.

In our assessment, the RAW account is clearly aimed at active, cost-sensitive traders who prefer tight spreads and are comfortable paying a per-trade commission. The FIXED accounts, on the other hand, may appeal to those who want a simpler cost structure without commission, but the wider spreads mean higher implicit costs per trade. Notably, the two FIXED accounts are nearly identical, differing only in the minimum spread (1.5 vs 1.8 pips), which raises questions about why both are offered and what distinguishes them in practice.

The minimum deposit for the RAW account is $200, while both FIXED accounts require $100. These are relatively low thresholds, making the broker accessible to retail traders with modest capital. In our view, a $100 minimum is typical for entry-level accounts, but it also means that traders with small balances may be more vulnerable to the impact of spreads and commissions on their overall profitability.

For the RAW account, the $200 minimum is still modest, but it suggests that the broker expects traders to be somewhat more serious, perhaps because the commission structure is more suited to higher trading volumes. We note that the broker does not disclose any maximum leverage, which is a significant omission given that leverage is a key factor in determining both profit potential and risk. Traders should be cautious when leverage is not clearly stated, as it may indicate a lack of transparency or a regulatory constraint.

The structured data we reviewed does not include any leverage figures for any of the three account types. This is a critical gap. Leverage determines how much trading exposure a trader can take relative to their margin, and it directly amplifies both gains and losses. Without knowing the maximum leverage, traders cannot accurately assess their risk exposure or compare Amadeus Markets with other brokers.

Given that the broker is registered in Spain and the UK, it is possible that leverage is capped by regulatory requirements, such as ESMA's 30:1 limit for major forex pairs. However, we cannot confirm this because the broker does not disclose it. In our assessment, the absence of leverage information is a red flag for transparency. Traders should contact the broker directly to ask for leverage details before opening an account, and if the broker is evasive, that in itself is a warning sign.

The RAW account offers a minimum spread of 0.1 pips, which is competitive, but it comes with a $4 per round-turn commission. This means that for a standard lot, the total cost would be the spread plus $4, which can be lower than the cost on the FIXED accounts if the spread widens significantly. The FIXED accounts have minimum spreads of 1.5 and 1.8 pips, with no commission, so the cost per trade is entirely embedded in the spread.

In our analysis, the RAW account is likely more cost-effective for high-frequency traders or those who trade larger sizes, as the commission is fixed per round turn, while the spread savings can be substantial. Conversely, the FIXED accounts may be better for occasional traders who prefer a straightforward cost structure. However, we note that the broker does not disclose typical spreads, only minimums, and real-world spreads can be wider, especially during volatile market conditions. Traders should be aware that the minimum spread is not a guarantee of the average spread.

The structured data does not specify which trading platforms Amadeus Markets offers. We cannot confirm whether the broker provides industry-standard platforms like MetaTrader 4 or MetaTrader 5, or whether it has a proprietary platform. This is a significant omission because the trading platform is the primary interface for executing trades, analyzing charts, and managing positions.

In our experience, most reputable brokers offer at least MT4 or MT5, and many also provide web-based and mobile platforms. Without this information, traders cannot assess the quality of the trading experience, the availability of advanced charting tools, or the reliability of order execution. We recommend that traders verify the platform offerings on the broker's website or by contacting customer support before committing funds. If the broker does not offer a well-known platform, that could be a concern.

The structured data does not mention whether Amadeus Markets offers a demo account. A demo account is essential for traders to test the platform, evaluate execution speeds, and practice strategies without risking real money. The absence of a demo account is not necessarily a red flag, but it is a limitation for new traders who want to familiarize themselves with the broker's offering.

If a demo account is available, we would expect it to be free and to provide virtual funds that mimic live market conditions. However, since we cannot confirm its existence, we advise traders to ask the broker directly. In our assessment, the lack of disclosed demo account information adds to the overall opacity of the broker's offering, which is concerning given the negative user reviews we have seen.

The structured data does not disclose the base currencies available for accounts, nor does it list any deposit or withdrawal methods. This is a major gap for traders who need to know whether they can fund their accounts in their local currency and what payment options are available (e.g., bank transfer, credit card, e-wallets).

Without this information, traders cannot assess the convenience or cost of funding and withdrawals. Additionally, the lack of withdrawal method details is particularly worrying, especially given the user complaints about non-payment. We strongly recommend that traders verify funding and withdrawal options before opening an account, and if the broker is not transparent about these, it is a significant warning sign.

The structured data does not provide details on the account opening process or KYC requirements. Typically, brokers require proof of identity and address, and the process can take anywhere from a few minutes to several days. Given the broker's relatively recent founding in 2023, the onboarding process may be less streamlined than that of established brokers.

In our assessment, the lack of disclosed information about the KYC process is not unusual, but it is important for traders to know what documents are required and how long verification takes. We also note that the broker has zero employees on record, which raises questions about the capacity to handle customer support and account verification efficiently. Traders should be prepared for potential delays and should ensure they provide accurate documentation to avoid issues.

In summary, Amadeus Markets offers a simple account structure with a RAW account for cost-conscious traders and two FIXED accounts for those who prefer no commission. However, the lack of disclosure on leverage, platforms, funding methods, and demo accounts is concerning. The negative user reviews alleging fraud and non-payment further undermine confidence in the broker.

We advise traders to approach Amadeus Markets with extreme caution. If you are considering opening an account, we recommend thoroughly researching the broker, contacting customer support with specific questions, and starting with a minimal deposit to test the withdrawal process. Given the elevated scam risk score of 52/100, we cannot recommend this broker at this time.