AMarkets

AMarkets is a retail forex and CFD broker founded in 2019, headquartered in Saint Vincent and the Grenadines, with additional registrations in the Comoros and Cook Islands. The broker operates under the amarkets.com domain and serves a global client base, including Asian and European regions. It is regulated by the Mwali International Services Authority (MISA) in Comoros, an offshore financial regulator.

The company presents itself as a long-established provider, with marketing references to 'over 17 years of experience' despite its 2019 founding date. This discrepancy may refer to the brand's history under different ownership. The broker claims to have over 3 million clients worldwide, a figure that could not be independently verified by FXCanary.

AMarkets holds a regulatory licence from the Mwali International Services Authority (MISA) in Comoros, a jurisdiction known for its lenient oversight of forex brokers. This licence is classified as 'Regulated' in our database, but Comoros is not considered a major financial regulator and does not offer the same level of investor protection as bodies like the FCA or CySEC. The broker also lists a registration in the Cook Islands under the Financial Supervisory Commission (FSC), but this is a company registry, not a financial regulator.

The broker is a member of The Financial Commission, an external dispute resolution body. This membership provides some recourse, including compensation up to €20,000 per claim, but it is not equivalent to formal regulatory protection. Traders should be aware that funds are not covered by any government-backed compensation scheme.

AMarkets offers three account types: Standard, ECN, and Zero, catering to different trading styles. Minimum deposits vary by region: traders from Asia can open accounts with just $10, while global clients require $100 (Standard) or $200 (ECN and Zero). All accounts support maximum leverage of 1:3000, which is considered high and carries significant risk, especially for inexperienced traders.

Spread structures differ: Standard account has floating spreads from 1.3 pips with no commission, ECN offers tighter spreads from 0.2 pips but charges $2.5 per lot per side, and Zero account spreads can be as low as 0 pips on major pairs 90% of the time, with a commission of $5.5 per lot. The broker uses market execution and allows orders from 0.01 lots.

AMarkets provides the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its own proprietary AMarkets app for mobile trading. The platforms are available for Windows, iOS, and Android. The broker offers a broad range of over 400 trading instruments across seven asset classes: forex (44 pairs), metals (7), indices (11), commodities (10), stocks (400), ETFs (19), and cryptocurrencies (29).

The broker emphasizes fast execution speeds, claiming that 99.9% of orders are processed within 0.03 seconds. Other features include support for hedging, market execution, and Islamic (swap-free) accounts upon request.

According to the website, AMarkets supports multiple payment methods including bank cards, e-wallets, and cryptocurrencies. The broker does not charge deposit fees and claims fast-track withdrawals. Specific transaction times vary by method, but withdrawals are typically processed within 24 hours. The minimum deposit for most accounts is $100 globally, with a reduced $10 for Asian region clients.

The broker states that it does not impose deposit limits, but withdrawal amounts may be subject to verification procedures. The account currency is USD only.

AMarkets markets itself to both beginner and experienced traders, offering educational resources and a demo account for practice. The high leverage and low minimum deposit make it accessible to retail traders with limited capital. However, the offshore regulation and high leverage also mean it is best suited for traders who understand the risks of leveraged trading and are comfortable with less regulatory oversight. The broker's wide instrument selection also appeals to traders seeking diversification across asset classes.