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AMarkets Review
Is AMarkets a scam or a legit broker?
AMarkets is a legit brokerage company.
The company was founded in Hong Kong in 2010 and has since made its way to Europe and the United States. AMarkets offers Forex, CFDs, and futures trading. AMarkets provides an easy-to-use platform that makes it easy to get started with trading. Their website is available in English, Chinese, Russian, and Spanish.
This broker offers a wide range of educational resources that cover everything from getting started with trading to advanced strategies for experienced traders. They also provide financial advice for investors who are new to the market and want to learn how to invest wisely.
The official website of the Forex Broker AMarkets
➔ Open your free trading account with AMarkets now
(Risk warning: 75.59% of retail CFD accounts lose)
What is AMarkets?
AMarkets is a broker that was founded in 2009 with the goal of becoming a top-tier trading platform for traders. It offers a range of services, including forex trading and CFD trading, as well as other types of financial instruments.
The company has been recognized as one of the fastest-growing brokers in the industry by the Financial Times, Bloomberg, Forbes and others.
Licenses & Regulation
Is AMarkets regulated?
Yes, AMarkets is regulated by CySEC, the Cyprus Securities and Exchange Commission.
CySEC is a financial regulator that oversees investment services providers operating in Cyprus. It has been in operation since 2004 and is authorized to supervise firms operating in the financial markets. The agency is tasked with protecting investors, improving market transparency and efficiency, promoting good conduct within the industry, and safeguarding the interests of consumers.
St. Vincent and the Grenadines is an offshore zone with a low regulation level. This means that many shady brokers register their companies there, but they do not comply with strict international rules that provide protective measures to traders. For example, CVC Markets, AAG Markets and more are registered in St. Vincent and the Grenadines.
The fact is that this country does not regulate investment firms; therefore, it can be a challenge for you to find a broker that is reliable and safe to trade with.
However, in order to help you on your way we have gathered a list of some of the best regulated brokers operating from St. Vincent and the Grenadines:
➔ Open your free trading account with AMarkets now
(Risk warning: 75.59% of retail CFD accounts lose)
Is AMarkets a scam?
AMarkets is a member of Financial Commission, which settles disputes between financial market participants and provides protection for each client with up to 20k in compensation should something go wrong. While FinaCom is a well-respected self-regulatory organization, it cannot guarantee the safety of the trading environment and does not regulate daily operations. Therefore, it—rather than Finacom itself —must provide necessary protection to clients.
AMarkets in India
AMarkets, a brokerage firm in India, offers trading and investment services to retail investors.
The company was founded in 2004 by L. Venkatesh and Praveen Kumar with the aim of helping small investors make smart investments.
AMarkets is regulated by SEBI and has offices across India. The brokerage firm offers trading on NSE and MCX for all its customers, including forex trading.
AMarkets in the USA
AMarkets is a leading online broker in the United States that gives you the opportunity to trade financial instruments on the world’s most popular markets.
With our extensive selection of trading tools and products, we are able to offer you an unparalleled service that allows you to trade on your own terms.
➔ Open your free trading account with AMarkets now
(Risk warning: 75.59% of retail CFD accounts lose)
Deposits and Withdrawals
Deposit and withdrawal are two of the most important aspects of trading. If you don’t have a way to deposit or withdraw your funds, you can’t trade.
Amarkets offers numerous ways to make deposits and withdrawals. You can use credit cards, bank transfers and even cash deposits at an ATM. The website also has an extensive FAQ section where they explain all the different ways you can make a deposit or withdrawal.
Deposits:
We accept all major credit/debit cards and wire transfers for deposits. If you choose to make your deposit using a credit card, the funds will be automatically credited to your account after 24 hours. If you choose to make your deposit using a wire transfer, it can take up to 48 hours for the funds to show up in your account.
Withdrawals:
We offer multiple withdrawal options including bank wire transfers, e-wallets and debit cards. Our bank wires are processed immediately, while e-wallets and debit cards take up to 24 hours for processing.
Apps
With AMarkets, you can trade forex from anywhere on your mobile device.
We offer our traders MT4 Mobile and MT5 trading options for both iOS and Android. With smartphones, forex traders no longer need to be tied up to their desks, spending hours watching their trading screens. Instead, they can monitor the markets through their mobiles whenever they are.
Your mobile phone becomes an extension of your desktop platform, allowing you to have complete control over a trading account and trade from anywhere 24/5.
The MetaTrader 5 mobile app replicates the full trading platform on your smartphone. Quickly view current price quotes, analyze data with customizable candlestick and line graphs from your iOS or Android device.
➔ Open your free trading account with AMarkets now
(Risk warning: 75.59% of retail CFD accounts lose)
Demo Account
The Amarkets broker offers a demo account that allows you to test the trading environment and start trading with virtual money. The demo account is a great way to learn how to trade and get used to the platform, but it does not offer real time trading like an actual live account does.
Conclusion
When choosing a broker, it’s important to consider both their regulatory status and the offshore status of their parent company.
While an offshore status may seem attractive, in our opinion, you may find something more interesting among the regulated brokers. An offshore status does not guarantee that you will receive the level of service you need or funds protection that is necessary. For this reason, we would advise choosing the broker more carefully and checking on at the first step their regulatory status. The reputable firms that hold FCA, FINMA or other licenses are established in accordance to international standards, protecting clients at every step and even compensating the trader in case if things go wrong with their company.
So of course, we always advise only regulated firms to trade with as it is challenging enough to make money in the market trading business with its decentralized nature—and unfortunately attracts many scammers. The trader should carefully check where they invest their money and who they’re trading through!
We encourage you to share your experience with AMarkets or ask us any questions that we can answer.
➔ Open your free trading account with AMarkets now
(Risk warning: 75.59% of retail CFD accounts lose)
IC Markets & Tickmill
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Pepperstone & Capital.com
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FREE ACCOUNT: |
1. PEPPERSTONE
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(5 / 5)
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# Spreads from 0.0 pips
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# Best platform for beginners
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2. Capital.com
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(5 / 5)
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Top FX & HFM
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REVIEW: |
ADVANTAGES: |
FREE ACCOUNT: |
1. TOP FX
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(5 / 5)
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# Spreads from 0.0 pips
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# Best platform for beginners
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(5 / 5)
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AMarkets & FXTM
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BROKER: |
REVIEW: |
ADVANTAGES: |
FREE ACCOUNT: |
1. AMARKETS
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(5 / 5)
➔ Read the review |
# Spreads from 0.0 pips
# No commissions
# Best platform for beginners
# No hidden fees
# More than 6,000 markets |
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2.FXTM
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(5 / 5)
➔ Read the review |
# Spreads from 0.0 pips
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