AMarkets Review- Comfortable trading platform
Amarkets is a leading broker company that offers Forex, Metals, Commodities, and CFDs. The company was founded in 2007 and has clients in different parts of the world including Asia South America and CIS. Amarkets forex broker has a license from Saint Vincent and the Grenadines. The company is widely known globally as it has more than 350000 clients and a lot of global forex awards since 2007. Amarkets pays big attention to the security of the client’s funds.
The company offers two trading platforms: MetaTrader4 and MetaTrader 5. Besides, its major Amarkets accounts are Fixed, Standard and ECN. The broker’s maximum leverage is 1:1000 spreads as low as 0.2 pips. The other benefit of Amarkets is the shortest processing time, their orders are executed within 0.03s. Also, they have a 0% commission on deposits.
AMarkets is a well-organized and reliable broker for not only professional but beginner traders as well.
This AMarkets review covers the above-mentioned Amarkets Forex broker account types including Fixed, Standard and ECN.
AMarkets Forex Broker – Account Types
Amarkets three major account types are Fixed, Standard and ECN. We offer a detailed description for each of them down below.
Fixed Account
This account has a fixed spread. It’s a good choice for everyone who wants to pay a fixed amount for trading. Here are some other features:
- $/€ 100 initial deposit
- 1:1000 leverage
- 3 pips fixed spread
- No commissions
- 20% stop-out level
Standard Account
The Standard account is recommended for both beginners and professionals. This account has no transaction fees for metals and currencies. Some other features are:
- $/€ 100 initial deposit
- 1:1000 leverage
- Floating spread from 1.3 pips
- No commissions
- 20% stop-out level
ECN Account
This account has the fastest execution speed. It is not recommended for beginners but it has some beneficial features including:
- $/€ 200 initial deposit
- 1:200 leverage
- Floating spread from 0 pips
- $/€ 2.5 per 1 lot
- 40% stop-out level
Different types of Promotions
Amarkets offer various types of attractive bonuses and promotions. A person who is willing to switch from a demo to a live account can make a profit with the maximum value of $10000. Besides, it’s important that Amarkets FX brokerage cancels commission on deposits. The company will compensate the commission no matter the deposit amount. Besides, if you are willing to become the VIP member of the Amarkets, you’ll get various benefits from the status including
- Increased cashback rates
- Bigger trading bonuses
- Priority in the execution of withdrawal requests
- Reduces swaps up to 30%
- Free VPS
- Premium Analytics
- Trading Counseling from experts
AMarkets Overall Review
To sum up, Amarkets is a well-organized and trustworthy forex brokerage company that has features that can satisfy professional and beginner traders’ needs. Their offers are desirable and its standard is above-average. The performance and speed of their servers are quite high. Besides, there is no commission for inactivity or withdrawal that makes trading more comfortable. So we can freely say that Amarkets is a really competitive brokerage company in the industry.
