AMarkets is a Forex and CFD broker that allows you to trade both within the company and bring client transactions to the real market. The broker appeared in 2007 and has a very good reputation among traders from all over the world. The trading platform is translated into many languages, and trading itself is carried out through the Web terminal, MetaTrader 4 and MetaTrader 5 terminals, as well as through the broker’s mobile application.

Official website of the broker AMarkets

Pros and advantages of Forex broker AMarkets

The advantages of Forex broker AMarkets include the following:

• Very good reputation among customers
• More than a million registered trading accounts from around the world
• Low Spread
• Several regulators, including MISA and FSC
• Minimum deposit – from $100
• Fast execution of trades – less than 0.03 seconds
• A huge number of assets for trading - about 500 assets
• Numerous awards in various categories
• Several types of trading accounts, including ECN accounts with access to the real market
• There is a demo account
• Leverage – up to 1:3000
• Ability to trade cryptocurrency
• Trading via MetaTrader 4 or MetaTrader 5
• There is a mobile application for trading
• No commission per transaction (for Fixed and Standard accounts)
• On ECN accounts the commission per transaction is $2.5
• Many ways to deposit and withdraw funds
• Quick payments of earned funds
• The minimum investment amount per transaction is from 0.01 lot in increments of 0.01
• The trading platform and official website have been translated into 18 languages
• Ability to copy trades of profitable traders
• Ability to open an account in Bitcoin - the higher the price of BTC, the more funds in the trading account

Official website of Forex and CFD broker AMarkets - https://www.amarkets.org/

The official website of the Forex and CFD broker AMarkets is located at - https://www.amarkets.org/

AMarkets offers its clients to trade on the Forex and CFD markets with very favorable conditions:

• Good reputation of the broker – AMarkets has been operating since 2007
• Regular bonus offers and promotions for broker clients
• Instant replenishment of your trading account without commission
• Leverage – up to 1:3000
• Ability to open a trading account in USD, EUR or Bitcoin
• Spread from 0.02 and trade opening time up to 0.03 seconds

The AMarkets broker is regulated by several companies that regulate activities in financial markets:

• Mwali International Services Authority (MISA)
• Financial Supervisory Commission (FSC)
• Financial Regulation and Supervision Authority (Saint Vincent and the Grenadines)
• Financial commission insuring clients' funds up to 20,000 EUR

The AMarkets broker has a huge number of different assets for trading:

• 18 products
• 44 currency pairs
• 427 shares of various companies
• 16 indexes
• 19 ETFs
• 27 cryptocurrencies

AMarkets has the opportunity to open several trading accounts at once for trading with different conditions:

• Standard – trading account with floating Spread from 1.3 pips
• Fixed - the choice of novice traders. Spread fixed – from 3 pips
• ECN – trading account with the transfer of transactions to the real market
• Crypto – trading account in Bitcoin cryptocurrency

For trading, clients are provided with trading platforms:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• Mobile application for Android and iOS

AMarkets allows you to copy trades of successful traders on its trading platform. The client can either copy trades or allow other traders to copy their trades, receiving rewards:

Types of trading accounts with Forex and CFD broker AMarkets

Broker AMarkets offers various trading conditions for CFD and Forex trading, which are linked to four different trading accounts:

• Fixed
• Standard
• ECN
• Crypto

The Standard trading account has the following characteristics:

• Minimum deposit: 100 USD / 100 EUR
• Minimum bid amount: 0.01 lot in increments of 0.01
• Leverage: up to 1:3000
• Spread: floating, from 1.3 pips
• Commission: none
• Stop Out level: 20%
• Instant execution and market execution
• Account currency: USD, EUR
• Demo account: yes
• Cryptocurrency trading: yes
• No swap/rollover: yes
• Quotes in decimal format: up to 4

The Fixed trading account has the following characteristics:

• Minimum deposit: 100 USD / 100 EUR
• Minimum bid amount: 0.01 lot in increments of 0.01
• Leverage: up to 1:3000
• Spread: fixed, from 3 pips
• Commission: none
• Stop Out level: 20%
• Instant execution and market execution
• Account currency: USD, EUR
• Demo account: yes
• Cryptocurrency trading: yes
• No swap/rollover: yes
• Quotes in decimal format: up to 5

An ECN trading account, which allows you to place transactions on the real market, has the following parameters:

• Minimum deposit: 200 USD / 200 EUR
• Minimum bid amount: 0.01 lot in increments of 0.01
• Leverage: up to 1:3000
• Spread: floating, from 0 pips
• Commission: $2.5 per transaction
• Stop Out level: 40%
• Market execution
• Account currency: USD, EUR
• Demo account: yes
• Cryptocurrency trading: yes
• No swap/rollover: yes
• Quotes in decimal format: up to 5

Crypto trading account that allows you to trade in Bitcoin currency:

• Minimum deposit: MBT 10 (0.01 BTC)
• Minimum bid amount: 0.01 lot in increments of 0.01
• Leverage: up to 1:500
• Spread: floating, from 1.3 pips
• Commission: none
• Stop Out level: 20%
• Market execution
• Account currency: MBT (Bitcoin)
• Demo account: yes
• Cryptocurrency trading: yes
• No swap/rollover: yes
• Quotes in decimal format: up to 5

Registering a trading account and verifying your identity with the AMarkets broker

Official website of the broker AMarkets

To register a new trading account with the AMarkets broker, you need to click on the “Open Account” button on the company’s official website and fill out a simple registration form:

The next step is to send documents confirming your identity: passport, driver’s license, ID card:

You also need to verify the payment method so that fraudsters cannot gain access to your funds in your trading account.

In the “Settings” section you can create a demo account or a real account - select the trading account currency, specify the leverage, specify the account type:

After creating an account, you will have access to a Login and Password to log into the MetaTrader 4 or MetaTrader 5 terminal.

Depositing a trading account and withdrawing funds from the AMarkets broker

To replenish your trading account with the AMarkets broker, you need to go to the “Finance” section and go to the “Deposit” tab:

Here you need to indicate the trading account that you want to replenish, select one of the replenishment methods (payment methods may vary for each country), and also indicate the replenishment amount (depending on the trading account, the minimum replenishment amount can be 100-200 USD or EUR, or MBT 10 – 0.01 BTC). You can complete the replenishment by following the prompts of the payment method you have chosen:

Withdrawal of funds from the Forex and CFD trading broker AMarkets occurs in several stages. You need to go to the “Finance” section and select “Withdraw”:

The AMarkets broker has a commission for withdrawal of funds - it depends on the selected withdrawal method:

The minimum payout amount, as well as the speed of processing withdrawal requests, depend on the selected method. Typically, applications are processed in order of priority, and funds are credited to the client’s account within the next 24 hours.

AMarkets broker trading platform – MetaTrader 4 and MetaTrader 5 terminal: how to trade Forex and CFD

Official website of the broker AMarkets

Trading platform of the broker Forex and CFD AMarkets - MetaTrader 4 and MetaTrader 5 terminal (downloaded from the official website of the broker and installed on your personal computer). The only difference is that MT 5 is a more improved and new version of the MT 4 terminal. At the same time, for MT 5 there are fewer technical analysis indicators, advisors, and robots than for the MT 4 terminal. Therefore, my choice fell on MetaTrader 4 and I will be analyzing it, although MetaTrader 5 is no different (visually), so my review is also suitable for MT 5.

The first thing a trader needs to do is connect to an existing account created earlier, or create a demo account directly in the MT 4 terminal:

If you already have a real account registered with the AMarkets broker, then you will need a Login and Password, which must be entered in the appropriate form:

A clear sign that you are logged into your trading account will be the display of the trade balance under the price chart in the “Trade” section and the appearance of account information in the “Navigator” window:

The MetaTrader 4 trading terminal (like the MetaTrader 5 terminal) looks like this:

• Most of the screen is occupied by the selected asset price chart (or windows with asset charts)
• Under the chart – a bar for switching between active asset windows
• At the very bottom there is a panel of balance, open and closed transactions, as well as additional information (news, Market, display of signal operation, and so on)
• To the left of the price chart there is a window for selecting assets for trading
• In the “Navigator” window, you can select and add indicators and advisors installed in the terminal to the chart
• Above the price chart there is a chart settings panel

Assets for trading are located in the window for selecting assets for trading. To open the chart of the desired asset, you need to click on the asset strip with the left mouse button and select “Chart Window” - a window will open showing the history of asset quotes:

You can immediately apply a ready-made template to an open chart, containing a color scheme, indicators, scripts, advisors, and additional settings. To do this, you need to right-click on a free section of the chart, select “Template” and in this window indicate which template you want to apply to the chart:

In the same window, you can save the settings of the current chart by creating a new template and, in the future, using it on other assets - a convenient tool that allows you to install trading strategy templates with all indicator settings in a couple of clicks.

At the top, above the chart, there is a price chart settings panel - here you can:

• Add levels, lines, symbols to the chart. Inscriptions, geometric shapes
• Change the time frame of the active price chart of an asset

There are additional chart settings:

• Displaying a chart in the form of bars
• Candlestick chart
• Line graph
• Increasing or decreasing the scale of the price chart
• Ability to place all active charts of selected assets in one window
• Automatic rewinding of the chart following the price
• Right indent

Indicators are added by dragging from the Navigator window to the chart window. Almost every indicator has its own settings, changing which you can achieve the desired effect in a particular situation. There are not many standard indicators, but at any time you can find hundreds of thousands of free indicators for the MetaTrader 4 terminal on the Internet and add them to the terminal for further use in your own trading:

The deal opens in the “New Order” window:

In the window that opens you need to:

• Indicate the asset on which you want to open a transaction (according to the standard, the value is taken for the active window with the asset)
• Indicate the transaction volume (in lots) - this value indicates the cost of a price change in 1 pips. This value directly affects the speed of earnings, but also increases risks.
• Specify the Stop Loss value – the price value, upon reaching which, the transaction will automatically close at a loss. A very important parameter that will help keep most of the funds on your balance sheet if the forecast is incorrect.
• Specify the Take Profit value – the price value upon reaching which the transaction is closed in profit
• Click on one of the buttons to open a deal, according to your forecast. Please note that there is a different price for the buy price and the sell price - the distance between them is called Spread

After opening a trade, the price chart of the asset will display the trade opening level, as well as the Stop Loss (red) and Take Profit (blue) levels. If this does not happen, then drag the open trade icon onto the price chart. The Stop Loss and Take Profit levels can be moved directly on the asset chart, thus you can adjust these parameters more finely (next to these levels the amount that you can earn or lose is displayed).

It is recommended to set Stop Loss to Take Profit as 1:3 - for one unit of risk there should be three units of potential profit. For example, your balance allows you to risk $100 in one trade (this amount is the Stop Loss level), in this case, the Take Profit level should be three times higher - $300. This approach will allow you to make money even if most of your trades are unprofitable.

In addition, the ability to shift the Stop Loss and Take Profit levels can be used for break-even trading: if the price moves in the direction you want, then you should move the Take Profit level further, and move the Stop Loss level to the profitable zone - the trade will close 100% in profit, so how when you touch Stop Loss there will be a minimum amount of profit, and when you reach Take Profit there will be a maximum amount. By shifting the Stop Loss and Take Profit levels behind the price, you can make money on very long trend movements.

Your entire trading history will be displayed in the “Account History” section. As you can see, most of my trades turned out to be unprofitable, but this did not stop me from turning into a plus with just a few profitable trades - the main advantage of trading on Forex and CFDs:

Reliability of the Forex and CFD broker AMarkets

The reliability of the AMarkets Forex broker and CFD trading is ensured by four regulators, so you don’t have to worry about your savings. In addition, the broker has very good customer reviews:

• TrustPilot gives broker AMarkets 4.8 points out of 5, based on 1297 reviews
• TopBrokers rates AMarkets 4.38 out of 5, based on 56 reviews
• Brokers Best rates AMarkets 4.8 out of 5, based on 126 reviews

Reviews on various sites also indicate the broker’s good attitude towards his clients. Everything suggests that AMarkets is a reliable and honest broker that is worth trading with.

Official website of the broker AMarkets