AMarkets is a forex and CFD broker that has been in operation since 2007. The broker offers a wide range of trading products, advanced platforms, and trader-friendly services. AMarkets is known for its low spreads, wide range of account options, and good customer support.
Pro
- Low spreads start from 0 pips.
- Various account types including ECN accounts.
- Trading platforms include MetaTrader 4 and MetaTrader 5.
- 24/7 customer support.
Cons
- Inactivity fee is charged after 6 months of inactivity.
- Education and limited analytical tools.
- No supervision by the main authorities.
Trading Products
AMarkets offers a wide range of trading instruments such as currency pairs (forex), precious metals (gold, silver), energy (crude oil), indices, stocks, and cryptocurrencies. This allows traders to diversify their portfolios and take advantage of various global markets.Pepperstone provides a wide range of trading instruments, including forex, stock indices, commodities, metals, cryptocurrencies, and stocks. Traders can access more than 1,200 trading instruments, which is suitable for both new and experienced traders.
Trading Platform
AMarkets provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are recognized as the best in the industry. Both platforms offer comprehensive technical analysis tools, flexible customization, and automation capabilities through Expert Advisors (EAs). In addition, AMarkets also provides mobile apps for trading on iOS and Android devices.
Spreads and Commissions
AMarkets offers very low spreads, starting from 0 pips for ECN accounts with low commissions. For standard accounts, spreads start from 1.3 pips with no commission. This makes AMarkets a good choice for traders who prioritize low trading costs.
Payment Method
AMarkets supports a variety of payment methods including credit/debit cards, bank transfers, and e-wallets such as Skrill, Neteller, and Perfect Money. Deposits are processed instantly, while withdrawals usually take 1-3 working days depending on the method chosen.
Customer Service
AMarkets customer support can be reached via email, phone, and live chat 24/7. Their support team is responsive and knowledgeable, helping to resolve any issues quickly. This is one of the key advantages of AMarkets over other brokers.
Conclusion
AMarkets is a broker that offers low spreads, an advanced platform, and a wide range of trading instruments. The broker is suitable for all levels of traders, especially with its wide range of account options and 24/7 customer support. Despite a few shortcomings such as inactive fees and no primary supervision, AMarkets remains a solid choice in the forex and CFD industry.
