AMarkets Review

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Company Overview

Operating out of Russia, AMarkets is an online brokerage firm that allows traders to trade up to 20 currencies and two spot metals. Since its inception in 2007, AMarkets has quickly become a leading financial broker that provides trading options for forex, spot metals, commodities, and Contracts for Difference (CFDs). The trait that sets AMarkets apart from its rivals is its speed of transactions. While other rival firms claim an order execution speed of one second, AMarkets proudly boasts an impressive trade execution speed that is less than 80 milliseconds. This, in turn, ensures that its clients succeed. Moreover, AMarkets prides itself on raising trading standards for its clientele while simultaneously bringing the costs down.

Trading Platform

When it comes to trading platforms, AMarkets offers the choice of two trading platforms to its users: MetaTrader 4 and xStation. MetaTrader 4 provides a very user-friendly interface along with multilingual support. It also provides its users with an in-depth analysis of the market by giving expert advice to the traders and charts and blocks of data that are updated in real time.

Another selling point of MetaTrader 4 is that it is available across multiple platforms. It is available for desktop download, online web use, and on iOS, Windows Phone, and Android devices. The availability of apps across major mobile platforms allows the users to assess the market on the go, make transactions that enable them to capitalize on the tiniest changes in the market, and ultimately maximize their profits.

The other platform is the xStation, which is the new generation, ultra-fast trading platform alternative to the MetaTrader platform. This platform is empowered with MAM, social trading, and binary options capabilities. The xStation allows one-click dealing and the ability for traders to deal directly from the charts.

Features

  • No minimum initial deposit required
  • Average order execution speed that is less than 80 milliseconds
  • Tightest spreads starting from as low as 0.4 pips
  • Demo accounts available
  • Demo accounts’ profit transferrable to real accounts
  • $10 referral bonus
  • Minimum lot size of 0.01 lots
  • Leverage of up to 1:500
  • Low interest requotes
  • Personal account managers
  • Swap-free accounts

Customer Support

AMarkets offers a competent customer support. Its website is available in multiple languages such as Russian, Ukrainian, and English. A major drawback in its customer support program is the absence of a live chat feature, which means that traders can’t communicate with expert traders in real time and will always have to wait a bit before a representative could reply to their queries. However, the users of AMarkets can register their complaints via email, mail or telephone.

Conclusion

AMarkets is an online brokerage firm that allows users to trade foreign exchange, contracts for differences (CFDs) and spot metals. Even though the absence of a live chat feature is a huge loss for some traders, AMarkets more than makes up for it with its incredible trade execution speed, which has seen it collect the Best Execution Speed award for the year 2014.

Office website: https://amarkets.com/

1 COMMENT

  1. Average broker with average trading conditions and offshore registration. A lot of bonuses mean that it’s a market maker, which have a conflict of interest with you. So I advise you to choose true ECN brokers and use all benefits of trading at real market. If you don’t know how to choose the best broker for you, add me to skype – vovkfx, I am ready to share my experience.

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