Overall Rating: ★★★☆☆ (3.6/5.0)

AMarkets is an offshore forex and CFD broker established in 2007, offering access to MetaTrader 4, MetaTrader 5, and a wide range of assets including forex, stocks, indices, commodities, and cryptocurrencies. With its high leverage options, cashback programme, and fast order execution, AMarkets caters mainly to retail traders seeking flexible trading conditions. However, its offshore regulation and lack of top-tier oversight may concern more risk-averse investors. This AMarkets review examines its offerings, pricing, regulation, and whether it fits your trading style.

Key Features

AMarkets offers a straightforward and flexible trading setup with tools suitable for both beginners and advanced traders.

• Platforms:
  • MetaTrader 4 and MetaTrader 5 for desktop, web, and mobile
• Asset Classes: Over 250+ instruments across forex, metals, indices, stocks, commodities, and cryptocurrencies
• Account Types:
  • Standard, Fixed, and ECN accounts to suit various trading styles
• Execution: Market execution with fast order routing, boasting 0.03-second average execution time
• Copy Trading: Offers copy trading through the built-in platform and third-party integrations

Regulation and Security

AMarkets is regulated offshore and does not hold licensing from top-tier regulators.

• Regulator: Licensed by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines – Reg. No. 22567 IBC 2015
• Client Fund Segregation: Claims to keep client funds separate, though no independent audits are published
• Investor Compensation: No formal compensation scheme exists under its jurisdiction
• Order Verification: Member of The Financial Commission, offering up to €20,000 in dispute resolution protection per case
• Negative Balance Protection: Available for all clients

Pricing and Costs

AMarkets offers competitive spreads and cashback incentives, though costs vary by account type.

• Spreads:
  • Standard Account: From 1.3 pips, no commission
  • ECN Account: From 0.0 pips + $2.5 per side per lot
  • Fixed Account: Fixed spreads from 3.0 pips
• Commissions: Only charged on ECN accounts
• Minimum Deposit: $100 for all account types
• Deposit & Withdrawal Fees: Zero fees from AMarkets; third-party processor fees may apply
• Inactivity Fee: Not charged
• Cashback: Earn up to $17 per lot traded via their loyalty programme

Educational Resources and Customer Support

AMarkets provides moderate educational content and multilingual support.

• Education Centre:
  • Basic tutorials, trading glossary, video guides, and platform walkthroughs
  • Lacks advanced strategy content or structured courses
• Market Analysis: Offers daily market news, forecasts, and trading signals
• Customer Support:
  • Available 24/5 via live chat, phone, email, and WhatsApp
  • Supports English, Spanish, Arabic, Russian, and more

Risk Management Tools

Risk management is handled through platform-based tools and account features.

• Order Protection: Supports stop-loss, take-profit, pending orders, and trailing stops
• Leverage:
  • Up to 1:1000 for international clients
  • Traders can manually adjust leverage in the account area
• Margin Call & Stop-Out: Margin call at 100%, stop-out at 20%
• Risk Disclosure: Available in the client area but minimal in detail

Pros and Cons

Pros

• MT4 and MT5 access with fast execution
• High leverage and low minimum deposit
• Copy trading and cashback programmes available
• Multi-language support and crypto deposits supported
• Commission-free Standard accounts

Cons

• Offshore regulation only – lacks tier-1 oversight
• Limited educational resources for advanced traders
• No investor protection scheme beyond The Financial Commission
• Fixed account spreads are wide by industry standards

Conclusion: Is AMarkets the Right Choice?

AMarkets is a cost-effective, beginner-friendly broker offering flexible trading conditions, cashback incentives, and high leverage via MT4 and MT5. It suits traders looking for low deposits, fast execution, and the option to engage in copy trading.

However, its offshore regulatory setup and limited fund protection mean that it is better suited for experienced traders who understand the risks of trading with non-tier-1 brokers. If you’re looking for flexibility, rewards, and strong platform performance, AMarkets is worth considering — with caution.