AN Markets Account Types & How to Open

AN Markets is a young broker, registered in Australia and founded in June 2023. Our records show no official website or social-media presence, which makes it difficult to verify the exact account tiers, spreads, or minimum deposits that the broker might offer. In the absence of a public product page, we cannot confirm whether AN Markets provides a standard retail account, a premium account, or any other tiered structure.

What we can say is that the broker holds two licences on file: a Forex Trading License (EP) from the National Bank of the Republic of Belarus (NBRB) with licence number 193583860, and a Derivatives Trading License (EP) from the Seychelles Financial Services Authority (FSA) with licence number SD018. These licences suggest that AN Markets intends to operate in the forex and derivatives space, but they do not tell us the specific account features. Until the broker publishes its terms, traders should treat any account details as unverified.

The two licences on file point to a broker that is trying to serve clients in different regulatory environments. The NBRB licence is for Belarus, a jurisdiction where forex trading is tightly controlled and often restricted to licensed entities. The FSA licence in Seychelles is a common offshore choice for brokers that want to offer higher leverage and more flexible terms to international clients.

In FXCanary's assessment, the presence of an offshore licence (Seychelles) typically means that retail traders may be offered leverage that is significantly higher than what is allowed in stricter jurisdictions like the EU or Australia. However, we have no confirmed figures for AN Markets' leverage, and we are not willing to guess. The lack of a published website means we cannot verify whether the broker actually uses these licences to offer different account conditions per region, or whether it simply holds them as a formality.

One of the most basic questions a trader asks is: how much money do I need to open an account? For AN Markets, we cannot answer that. Our records do not include a minimum deposit figure, and the broker's absence from the web means there is no public information to draw from. We also have no data on accepted payment methods, withdrawal processing times, or whether the broker charges fees for deposits or withdrawals.

This lack of transparency is a red flag. A legitimate broker, even a new one, typically publishes its minimum deposit and funding options on its website. The fact that AN Markets has no verifiable web presence at all makes it impossible for a trader to perform basic due diligence. In our view, any trader considering AN Markets should demand clear, written answers to these questions before sending any funds.

Trading costs are the lifeblood of a broker's offering, yet for AN Markets we have nothing concrete. No spread figures, no commission schedules, no swap rates. The broker's own claims, if any, are not available to us. We can only note that the licence types (Forex Trading License and Derivatives Trading License) imply that the broker is authorised to offer leveraged products, but the cost structure remains a mystery.

In the absence of data, we caution traders against assuming that AN Markets offers competitive spreads. New brokers sometimes attract clients with low headline spreads, but they may compensate with hidden fees or wider spreads during volatile periods. Without a published schedule, you cannot compare AN Markets to other brokers. We recommend that any trader request a full breakdown of costs in writing before opening an account.

Leverage is one of the most important factors in choosing a forex broker, and it is also one of the most dangerous when misused. For AN Markets, we have no confirmed leverage figures. The Seychelles FSA licence typically allows leverage up to 1:500 or even higher, while the Belarus NBRB licence may impose lower limits for local clients. However, we cannot confirm which leverage applies to which client segment.

In FXCanary's assessment, the lack of published leverage is particularly concerning because it suggests the broker may not have a clear, client-facing risk disclosure. High leverage can amplify losses quickly, and a broker that does not openly state its leverage policy may not be adequately informing clients of the risks. We advise traders to treat any leverage above 1:100 with extreme caution, and to verify the exact terms directly with the broker before trading.

A broker's trading platform is the primary interface for the trader, and it can make or break the trading experience. For AN Markets, we have no evidence of any platform offering. We do not know if the broker supports MetaTrader 4, MetaTrader 5, cTrader, or a proprietary web-based platform. There is no mention of a mobile app, desktop client, or web trader.

This absence is telling. A broker with no verifiable platform is a broker that is not ready for prime time. Even a new broker typically announces its platform choice as a core part of its value proposition. The fact that AN Markets has not done so publicly suggests that either the platform is not yet ready, or the broker is not serious about attracting retail clients. We would not recommend trading with a broker whose platform you cannot test.

For many traders, a demo account is the first step in evaluating a broker. It allows you to test the platform, the execution speed, and the overall feel of the broker without risking real money. For AN Markets, we have no information about demo account availability. We cannot confirm whether the broker offers a free demo, a limited trial, or no demo at all.

Given the lack of a website, it is unlikely that a demo account is easily accessible. If the broker does offer a demo, it would be a positive sign, but we have no evidence to support that. In our view, a broker that does not offer a demo account is a broker that is not confident in its own product. We encourage traders to only consider brokers that allow you to test their platform risk-free.

The account opening process at AN Markets is another unknown. We have no information on the required documents, the verification timeline, or whether the process is fully digital. Typically, a broker in Seychelles or Belarus will require proof of identity (passport or national ID) and proof of address (utility bill or bank statement), but we cannot confirm this for AN Markets.

In the absence of a clear KYC process, traders should be wary. A legitimate broker will have a transparent onboarding procedure, often with a step-by-step guide on its website. The fact that AN Markets has no web presence means you cannot even begin the account opening process without contacting the broker directly, and we have no verified contact channels. We strongly advise against providing personal documents or funds to a broker that does not have a verifiable online presence.

In FXCanary's assessment, AN Markets is a broker that exists on paper but not in practice. It has two licences on file, but no verifiable website, no social media, and no published account details. The FXCanary Scam Risk Score of 43/100 (Guarded) reflects this lack of transparency, and we cannot recommend the broker to traders at this time.

If you are considering AN Markets, we urge you to proceed with extreme caution. Ask the broker for written documentation of its account types, minimum deposit, leverage, spreads, and platform. Verify its licences directly with the NBRB and FSA. And above all, do not deposit funds until you are fully satisfied that the broker is legitimate and that you understand the risks. In the meantime, there are many well-established brokers with transparent account offerings that you can consider.