AMarkets – Forex Broker Review

AMarkets is an international company working with traders from Europe and the CIS. The conditions of the online broker are perfect for professional investors. The company also helps beginning traders to learn the basics of working in financial markets. The online broker regularly holds promotions and offers its clients bonuses.

Site Overview

Traders can find a glossary of basic terms, articles about investing and popular assets freely available on the AMarkets website. The broker recommends using the economic calendar, trading signals and forex news to select potentially profitable trades.  To get access to advisors and the platform for automated trading, one needs to register on AMarkets' website and be verified. After authorization, the user will be able to log into a personal account, make a deposit or activate a demo account. The latter is suitable for checking the trading conditions of the online broker and practicing new strategies. Owners of Standard and Fixed accounts have a unique opportunity to transfer profits from a demo account into fiat money. The promotion will be valid if the trader makes a profit in virtual money during 5 days in the demo trading platform and replenishes the real deposit with the amount of earned bonuses.

Trading conditions, deposit and withdrawal of funds

The broker offers an opportunity to work on the market via Expert Advisors. Experienced investors recommend that beginners test such programs on a demo account before using them in a real trade. AMarkets clients can work on MT4 and MT5 platforms, as well as via a mobile application. Beginner traders are provided with instructions on how to use the terminals after registration. The company offers several types of accounts with different trading conditions. Traders can choose a variant with a suitable size of the minimum deposit and leverage. Different types of accounts also differ in spreads.

AMarkets clients note in their reviews the variety of deposit and withdrawal methods, tight spreads, the possibility of passive earning on the copy trading platform. The presence of protection against negative balance allows minimizing the risks of losing investments.

Strengths

• The ability to diversify the investment portfolio.
• Availability of a platform for passive trading - RAMM-account.
• Trading through a demo account with the possibility of transferring profits into fiat money.
• Availability of the compensation fund: €20 thousand for each client.

Weaknesses

• Support service does not work on weekends.
• FCA license only applies to 1 account.

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