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AMarkets Broker Review

AMarkets Review 2026

3.5/5

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The Scorecard

Overall Rating
Trust & Safety
Fees & Commissions
Account Opening
Platforms & Tools
Tradable Instruments
Deposits & Withdrawals
Customer Service
Research, Analysis and Education

Quick Take on AMarkets

Headquartered in the Cook Islands and operating since 2007, AMarkets holds Tier-3 offshore regulatory licenses in the Cook Islands, the Comoros, and Saint Vincent and the Grenadines. Trading is routed primarily through MetaTrader 4 and MetaTrader 5, supported by proprietary mobile applications and dedicated copy-trading software.

Account access starts at $100 on Standard accounts and $200 on the raw-spread ECN and Zero tiers. While Standard accounts wrap trading costs into floating spreads averaging 1.6 pips on EUR/USD, the ECN and Zero options offer spreads starting at 0 pips paired with round-turn commissions between $5.00 and $7.00 per lot on major pairs. Maximum leverage extends up to 1:3000, offering substantial margin flexibility for high-risk trading styles, though retail clients operate without top-tier regulatory protections.

Pros and Cons

pros

  • High leverage reaching up to 1:3000 on major currency pairs
  • Full support for automated trading via MT4, MT5, and low-latency VPS hosting
  • Fee-free deposit processing across cards, e-wallets, and cryptocurrencies
  • Integrated copy trading platform with automated proportional trade scaling

cons

  • Regulated exclusively in offshore Tier-3 jurisdictions
  • Restricted from serving residents in major regions including the US, UK, and EU
  • Standard account average spreads are wide at 1.6 pips on EUR/USD
  • Accounts are denominated only in USD base currency

AMarkets Review Summary

Broker Type ECN
Regulation MISA, FSC, FSA
Minimum Deposit $100
Maximum Leverage 3000
Platforms MetaTrader 4, MetaTrader 5
Markets Forex Pairs, Commodities, Indices, Stocks, Shares, Cryptocurrencies

Can You Trust AMarkets?

2.9/5

Who Regulates AMarkets?

AMarkets operates under offshore Tier-3 regulatory oversight. The brokerage is authorized and supervised by the Financial Services Commission (FSC) in the Cook Islands under license LLC14486/2023, the Mwali International Services Authority (MISA) in the Comoros, and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. These supervisory frameworks enforce fewer capital requirements and provide significantly lower statutory protection to retail traders than Tier-1 regimes in the European Union, the United Kingdom, or Australia.

How Your Money Is Protected

Retail client money is held in segregated accounts at commercial banks and regulated liquidity providers, separated from the firm's operational funds. AMarkets provides negative balance protection to ensure sudden market gaps do not leave accounts in debt, alongside access to an investor compensation scheme. Prior to processing live withdrawals, standard Know Your Customer (KYC) procedures require clients to submit government-issued identification and proof of payment ownership.

Company Background and Track Record

Established in 2007, AMarkets has accumulated more than 15 years of operating history in retail online trading. The firm maintains corporate and administrative offices across multiple jurisdictions, including the Cook Islands, Panama, Turkey, Ukraine, Georgia, Nigeria, and Cyprus. It remains a privately held brokerage and is not publicly traded on any stock exchange.

AMarkets Fees Explained

3.1/5

Trading Costs

Trading expenses at AMarkets are determined by account selection. Standard accounts use a spread-only pricing model where broker compensation is integrated into floating quotes, whereas ECN and Zero tiers utilize raw market spreads starting at 0 pips paired with transparent per-lot commissions. On ECN and Zero accounts, forex and metals trades incur a commission of $2.50 to $3.50 per standard lot per side ($5.00 to $7.00 per round turn). Commodity and bond CFDs carry a $10.00 per lot commission, while stock CFDs charge a 0.1% per lot fee.

AssetTypical SpreadCommissionEstimated Trading Cost
EUR/USD1.6 pips$0.00 (Standard) / $5.00 to $7.00 (ECN/Zero)$16.00 (Standard) / $5.00 - $7.00 + raw spread (ECN/Zero)
Gold0.35 points$0.00 (Standard) / $5.00 to $7.00 (ECN/Zero)$35.00 (Standard) / $5.00 - $7.00 + raw spread (ECN/Zero)
S&P 5000.8 points$10.00 per lot$10.80

Non-Trading Fees

Deposit Fees

AMarkets charges a $0 fee on client deposits and routinely reimburses third-party payment provider transaction commissions.

Withdrawal Fees

The broker does not charge standard internal withdrawal fees, though variable third-party processing costs can apply depending on the specific payment gateway or banking institution selected.

Inactivity Fees

There is a $0 inactivity fee. Accounts with an idle status and a zero balance for 60 consecutive days are automatically archived without incurring maintenance penalties.

Overnight Financing

Overnight financing fees (swaps) are debited or credited on open CFD and forex positions held past daily rollover on non-Islamic accounts. Swap-free Islamic accounts are available for Muslim clients, eliminating rollover charges on currency pairs and metals.

Currency Conversion Charges

The broker charges a $0 standalone currency conversion fee; however, funding or trading in currencies different from the USD base denomination involves currency exchange calculations based on prevailing market rates.

Accounts Available at AMarkets

4.1/5

Standard Account

The Standard account requires a minimum initial deposit of $100. It operates with a floating-spread pricing model averaging 1.6 pips on EUR/USD and charges $0 commission on currencies and metals. Orders are executed via MetaTrader 4 and MetaTrader 5, making it an accessible starting point for retail traders who prefer inclusive spreads over manual commission tracking.

ECN Account

The ECN account requires a minimum deposit of $200 and provides direct market access with raw floating spreads from 0 pips. Currency and metal trades carry a commission of $2.50 to $3.50 per standard lot per side ($5.00 to $7.00 round turn). It is suited to active intraday strategies, high-frequency traders, and scalpers requiring tighter pricing.

Zero Account

The Zero account also requires a $200 minimum deposit and targets near-zero spread conditions across high-liquidity financial instruments. Spreads start at 0 pips and are offset by standard round-turn commission charges, providing algorithmic and manual traders with predictable fixed-commission costs on fast execution runs.

Account Comparison

FeatureStandardECNZero
Minimum Deposit$100$200$200
Spreads FromFloating (1.6 pips avg EUR/USD)0 pips0 pips
Commission$0 for FX and metals$2.50 to $3.50 per lot/side ($5.00 to $7.00 RT)$2.50 to $3.50 per lot/side ($5.00 to $7.00 RT)
PlatformsMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5
Best Suited ToDiscretionary traders seeking spread-only pricingActive traders and scalpers requiring raw spreadsHigh-frequency and algorithmic strategies

Trading Platforms and Technology

4.7/5

MetaTrader 4

AMarkets provides MetaTrader 4 for desktop workstations and web browsers. MT4 includes technical indicators, interactive charting capabilities, multiple order execution modes, and direct execution of automated Expert Advisors written in MQL4.

MetaTrader 5

MetaTrader 5 provides an upgraded algorithmic and multi-asset trading environment with expanded timeframe options, native economic calendar integration, and deep historical backtesting capabilities via MQL5.

Mobile Trading

Mobile access is supported via native iOS and Android apps. Clients can utilize official MetaTrader mobile terminals as well as the proprietary AMarkets mobile application designed for account administration and trade execution on smartphones and tablets.

Execution and Trading Tools

Order routing utilizes market execution models. Fills are subject to positive or negative slippage during high-impact market events. AMarkets provides proprietary market analytics directly in the client cabinet, alongside automated trade calculators and news modules.

Algorithmic and Copy Trading

Algorithmic trading is supported through MQL-based scripts on MT4 and MT5, backed by low-latency Virtual Private Server (VPS) hosting boasting under 16ms ping times to trade servers. Standalone REST APIs are not offered. AMarkets operates a dedicated web-based copy trading platform where investors allocate funds proportionally to master strategies with customizable loss limits and copy ratios.

Markets You Can Trade

2.8/5

AMarkets provides multi-asset contract for difference (CFD) coverage across foreign exchange, equity shares, index benchmarks, energy and metal commodities, and digital assets.

MarketInstruments AvailableMaximum LeverageMinimum Trade SizeKey Restrictions
ForexMajor, minor, and exotic currency pairs1:30000.01 lotsLeverage capped at 1:1000 over weekends and 1:200 during high-impact news
StocksGlobal share and equity CFDs1:30000.01 lots0.1% commission per lot applies
IndicesGlobal cash index CFDs (including S&P 500)1:30000.01 lotsDynamic margin requirements apply
CommoditiesMetals and energies (including Gold XAU/USD)1:30000.01 lots$10.00 per lot commission on commodity CFDs
CryptocurrenciesMajor crypto asset pairs1:30000.01 lotsSubject to higher market volatility and spread widenings

Trading is conducted exclusively through CFDs; real delivery of underlying equities or physical commodities is not available.

Leverage, Margin and Risk Controls

Maximum Leverage

AMarkets allows maximum leverage up to 1:3000 on major currency pairs. While this ratio lowers capital requirements for opening positions, it significantly amplifies exposure to fast losses. Leverage is automatically limited to 1:1000 from Friday 22:00 to Monday 01:00 server time to safeguard against weekend price gaps, and restricted to 1:200 for positions opened 15 minutes before and 10 minutes after major macroeconomic news announcements.

Margin Calls and Stop-Out Levels

The margin call threshold is enforced within a 50% to 100% range, prompting warnings when open equity falls toward maintenance levels. Stop-out liquidation takes place between 20% and 40%, triggering automated order closures to protect against extreme negative balances.

Risk Management Tools

Retail accounts feature negative balance protection to ensure trading deficits resulting from market slippage do not leave clients in debt to the broker. AMarkets also supports bidirectional hedging without charging extra margin requirements on opposite positions of equal volume.

Deposits and Withdrawals

3.7/5

How to Fund Your Account

Accounts are funded using Visa and Mastercard debit or credit cards, Advcash, and cryptocurrencies including Bitcoin, Ethereum, Litecoin, Tether, USD Coin, and Binance Coin. AMarkets enforces a $100 minimum deposit for Standard accounts and $200 for ECN and Zero tiers. Internal deposit processing is $0, and third-party fees are generally reimbursed. Card, e-wallet, and crypto deposits clear instantly, while bank wires require 1 to 3 business days.

How Withdrawals Work

Withdrawals are processed through the same payment channels used for funding, including bank cards, digital wallets, and supported cryptocurrencies. AMarkets applies no flat internal withdrawal fees, though third-party processor fees may apply. Crypto and e-wallet payouts are processed within 24 hours, credit and debit card settlements require 1 to 5 business days, and bank wire transfers clear in 3 to 5 business days.

Deposit Methods

Advcash
Advcash
Binance Coin
Binance Coin
Bitcoin
Bitcoin
Ethereum
Ethereum
Litecoin
Litecoin
Mastercard
Mastercard
Tether
Tether
USD Coin
USD Coin
Visa
Visa

Withdrawal Methods

Advcash
Advcash
Binance Coin
Binance Coin
Bitcoin
Bitcoin
Ethereum
Ethereum
Litecoin
Litecoin
Mastercard
Mastercard
Tether
Tether
USD Coin
USD Coin
Visa
Visa

Customer Service

3.7/5

Ways to Contact AMarkets

  • Support Hours: 24/7 continuous availability
  • Email: [email protected]
  • Telephone: +44 330 777 22 22
  • Online Channels: Live Chat, Telegram
  • Support Languages: English, Bahasa Indonesia, Russian, Uzbek, Turkish, Persian, Malay, Hindi, Kazakh, Kyrgyz

What Customers Say About AMarkets Support

Reviewers frequently mention prompt communication and rapid resolution of basic account questions by live chat agents. Customer feedback also highlights practical guidance during initial platform navigation and general account queries. Conversely, isolated user reports describe delays and document repetition when dealing with complex withdrawal verifications and banking discrepancies.

"Excellent... Staff so helpful n with fast solution Staff so helpful with best solution... It's awesome n Excellent"
"Very responsive customer service Great customer service, very responsive. Thank you"

Research, Analysis and Education

4.5/5

Market Research

AMarkets provides proprietary market research, fundamental analysis overviews, and specialized analytical tools directly within the client area and broker website. These resources include news roundups, economic calendar interpretations, and trade sentiment reviews across popular asset classes.

Trading Education

The broker's educational materials are housed within a dedicated media section containing structured blog articles, fundamental news analysis tutorials, and educational trading videos covering core technical indicators and risk management concepts.

Who Is AMarkets Best For?

Beginners

Those testing trading strategies for the first time can access risk-free demo accounts and 24/7 customer support. However, operating without Tier-1 regulatory protection and navigating volatile products with high leverage limits require caution from inexperienced retail clients.

Active Traders

Day traders operating with high volume can utilize raw spreads starting at 0 pips on the ECN and Zero accounts, accompanied by competitive $5.00 to $7.00 round-turn commissions and zero-fee deposits.

Scalpers

Short-term strategies benefit from explicit broker support for high-frequency trading, zero-margin hedging rules, and tight base spreads on MT4 and MT5, provided scalpers account for mandatory leverage limits around major news events.

Algorithmic Traders

Automated trading is supported natively through Expert Advisors on MQL4 and MQL5, backed by low-latency VPS hosting that maintains sub-16ms connections to European trade servers.

Experienced Traders

Traders comfortable managing substantial risk will find utility in leverage up to 1:3000, flexible hedging options, and multi-asset CFD markets, assuming they accept the inherent risks of offshore supervision.

AMarkets vs Other Brokers

Broker Minimum Deposit Platforms Spread Type Markets Best For
AMarkets $100 MetaTrader 4, MetaTrader 5 Floating Forex Pairs, Commodities, Indices, Stocks, Shares, Cryptocurrencies AMarkets is geared toward high-leverage MT4/MT5 traders who also want quick payment processing, copy-trading features, and promotional bonuses.
RoboForex $10 MetaTrader 4, MetaTrader 5, R StocksTrader, R WebTrader, R MobileTrader Floating Forex Pairs, Stocks, Indices, ETFs, Commodities RoboForex is most likely to appeal to active traders, scalpers, and automated-trading users who see high leverage as a major priority.
JustMarkets $10 MetaTrader 4, MetaTrader 5, MetaTrader WebTerminal, JustMarkets Trading App Floating Forex Pairs, Indices, Commodities, Stocks, Cryptocurrencies JustMarkets is particularly suitable for beginners and cost-conscious forex/CFD traders who value flexible account structures and very fast payment processing.
Exness $10 MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade app MetaTrader WebTerminal Floating Forex Pairs, Commodities, Indices, Stocks, Cryptocurrencies Exness is best suited to active traders, scalpers, and algorithmic-strategy users who place a high priority on ultra-tight and stable spreads.

Our Review Methodology

We assess brokers using our methodology, which combines our own data, broker documentation, regulatory records, pricing information, platform analysis, account information, and third-party customer feedback where specifically required. We evaluate areas including safety, trading costs, platforms, market range, accounts, leverage, deposits and withdrawals, customer service, research, education, and suitability for different trading styles. Where possible, important factual claims are checked against primary sources and dated because broker conditions can change.

Our Verdict on AMarkets

Accessible entry requirements and leverage reaching up to 1:3000 position AMarkets as an option for traders who place capital flexibility at the top of their priorities. Algorithmic setups are supported across MetaTrader 4, MetaTrader 5, and low-latency VPS hosting, while fee-free deposits and an integrated copy-trading system provide daily operational convenience. For scalpers and high-frequency participants, the ECN and Zero tiers deliver raw market spreads alongside fixed, predictable round-turn commissions.

Offshore supervision remains the central factor when considering the firm. Because regulatory oversight is limited to Tier-3 authorities in the Cook Islands, the Comoros, and Saint Vincent and the Grenadines, clients trade without the statutory safeguards and formal compensation schemes enforced by top-tier bodies. Anyone considering AMarkets must decide whether the operational freedom of high leverage outweighs the absence of rigorous regulatory protections.

Frequently Asked Questions

Q

Is AMarkets legitimate?

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Yes. AMarkets has operated continuously since 2007 and holds licenses with the Cook Islands FSC (license LLC14486/2023), Comoros MISA, and Saint Vincent and the Grenadines FSA, while keeping client balances segregated in independent bank accounts.

Q

How much money do I need to open an account with AMarkets?

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The broker requires a minimum deposit of $100 for a Standard account and $200 for ECN and Zero accounts.

Q

Does AMarkets charge commission?

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Yes. Standard accounts are commission-free on currencies and metals with costs built into the spread, whereas ECN and Zero tiers charge a commission of $2.50 to $3.50 per standard lot per side ($5.00 to $7.00 round turn) on forex and metals, alongside fixed commissions on stock and commodity CFDs.

Q

Can I trade with AMarkets on my phone?

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Yes. Mobile trading is supported on iOS and Android devices through official MetaTrader 4 and MetaTrader 5 apps, alongside the proprietary AMarkets mobile application.

Q

Can I use automated trading at AMarkets?

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Yes. AMarkets fully supports Expert Advisors (EAs) programmed in MQL4 for MetaTrader 4 and MQL5 for MetaTrader 5, with optional low-latency VPS hosting available.

Q

How long does an AMarkets withdrawal take?

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Withdrawal processing takes up to 24 hours for cryptocurrency and e-wallet transfers, between 1 and 5 business days for debit or credit cards, and between 3 and 5 business days for bank wire transfers.

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Lead investigator

On record
Martin Keller author Martin Keller Open Author File

Martin Keller is an experienced broker reviewer and financial writer who provides independent, practical analysis of online brokers and trading platforms.

His reviews examine the factors that matter most to investors, including fees and commissions, account types, trading platforms, investment products, market access, regulation, research tools, educational resources, and customer service. He aims to present a balanced view of each broker, highlighting both its advantages and potential drawbacks.

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