AMarkets Broker Review

AMarkets Review 2026

Updated on 26 Sep 2026

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AMarkets Key Facts

Base Currencies
USD
Number of FX Pairs
44
Copy Trading
Yes
Demo Account
Yes
Islamic Account
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Spread Type
Floating
EUR/USD Average Spread
1.6 pips
Gold Average Spread
0.35 points
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Founded
2007
Headquarter
T&F Chambers, Nikao, Avarua, Rarotonga, Cook Islands
Regulations
MISA, FSC, FSA
Regulation Tier
Light Green Tier

Composite mark

Rating Breakdown

3.4

out of 5

  1. The Costs That Matter

  2. Choosing Your AMarkets Setup

  3. What You Can Trade

  4. What Trading Is Like in Practice

  5. From Sign-Up to First Trade

  6. Depositing and Withdrawing Money

  7. Customer Support

  8. What Protects Your Money?

AMarkets in 60 Seconds

QuestionAnswer
Main reason to consider AMarketsLeverage up to 1:3000 on major forex pairs, with MT4 and MT5 access.
Biggest drawbackIts regulatory footprint includes MISA in Comoros, while its Cook Islands registration is company registration rather than automatically a forex-dealer licence.
Minimum deposit$100 for Standard; $200 for ECN and Zero.
Pricing modelStandard has no commission on currency pairs and metals; ECN and Zero combine spreads with commission.
Main platformsMetaTrader 4 and MetaTrader 5.
Main marketsForex, metals, indices, commodities, stocks, ETFs and cryptocurrencies.
Maximum leverageUp to 1:3000 on major forex pairs, depending on account type and jurisdiction.
Best suited toMT4/MT5 traders seeking high leverage, automated trading or copy trading.
Less suited toTraders who need access from the US, UK, Canada, Japan or EU countries, all of which are restricted.

The key trade-off is access to high leverage and familiar third-party platforms versus a regulatory structure that differs from the protections associated with major onshore regulators.

Pros
  • MT4 and MT5 support desktop, web and mobile access, with Expert Advisor automation on desktop or VPS.
  • Copy trading lets investors set a copy ratio and loss limit while keeping funds in their own account.
  • Standard accounts have a $100 minimum deposit, and AMarkets offers a demo account.
Cons
  • Residents of the United States, United Kingdom, Canada, Japan and EU countries are among those restricted from opening accounts.
  • ECN and Zero accounts require a $200 minimum deposit and charge commission.
  • The 1:3000 maximum leverage is subject to account type and jurisdiction, with lower limits for certain conditions.

How AMarkets Works

The basic trading model

AMarkets offers leveraged forex trading and a range of other markets through MT4 and MT5. Product structures differ by market: stock exposure is mainly through CFDs, index exposure is through leveraged derivatives, commodities are mainly derivatives linked to spot or futures prices, and cryptocurrency exposure is generally through leveraged derivatives rather than ownership of coins in a wallet.

Clients choose a Standard, ECN or Zero account and trade through the platform available for that account. AMarkets also offers copy trading: investors can copy another trader’s strategy, set a copy ratio and loss limit, and pause or exit. Copy-trading funds remain in the investor’s personal account; master traders can earn a commission when their strategies are copied profitably.

Important regional differences

AMarkets’ maximum leverage and product availability can vary by account type and jurisdiction. The broker restricts clients from numerous countries, including the United States, United Kingdom, Canada, Japan, New Zealand and EU member states. Check eligibility for your residence before opening an account.

The Costs That Matter

Trading costs

Standard pricing builds the charge into the spread and has no commission on currency pairs and metals. ECN and Zero accounts use raw spreads and charge commission. AMarkets gives starting spreads for accounts, while the figures below are average spreads for specific instruments; these are different measures and should not be treated as interchangeable.

InstrumentTypical / Average SpreadCommission
EUR/USD1.6 pips averageVaries by account; Standard currency-pair pricing is commission-free, while ECN and Zero charge commission.
GBP/USD2.3 pips averageVaries by account; Standard currency-pair pricing is commission-free, while ECN and Zero charge commission.
Gold (XAU/USD)0.35 points averageVaries by account; Standard metals pricing is commission-free, while ECN and Zero charge commission.
S&P 500 CFD0.8 points averagecommission is account/instrument-specific. AMarkets' public CFD material says CFD commission may apply, but a single fixed S&P 500 commission is not published; the current contract specification/client terminal is the authoritative rate.

Standard spreads start from 1.3 pips. ECN spreads start from 0.2 pips, with a $2.5 commission per lot per side in the account conditions. Zero spreads start from 0.0 pips on selected major pairs and metals for much of the trading time; the Zero account charges $5.5 per lot per side. General ECN/Zero commission information gives a typical range of $2.5 to $3.5 per standard lot per side for forex and metals, so check the applicable account and instrument terms before trading.

Non-trading costs

AMarkets does not charge deposit fees and says it generally reimburses payment-system deposit commissions subject to terms. Withdrawal charges depend on the method; check the amount quoted in the client area. There is no inactivity fee. Positions held past the daily rollover incur overnight swaps on non-Islamic accounts, while Islamic accounts remove rollover and overnight interest fees for currency pairs and metals.

AMarkets does not charge a standalone currency-conversion fee, but conversion costs can be built into the exchange rate when a transaction or trade uses a currency different from the account’s USD base currency. Third-party payment or currency-conversion costs may therefore still affect the amount received or credited.

Cost takeaway

Standard pricing keeps currency-pair and metal commissions out of the trade but uses a spread that starts higher than the ECN and Zero starting spreads. ECN and Zero may suit traders comparing raw spreads, but their commission must be included in the cost calculation. Average spreads, account pricing and market conditions can all affect the final cost.

The Costs That Matter

3/5
  • Standard currency-pair and metal pricing has no trading commission, with spreads starting from 1.3 pips.
  • ECN starts from 0.2 pips and charges $2.5 per lot per side in its account conditions.
  • There is no inactivity fee, but overnight swaps apply to non-Islamic accounts and withdrawal costs depend on the method.

Choosing Your AMarkets Setup

Account options

AccountPricing modelMinimum depositPlatform accessMain restrictionMost relevant for
StandardSpread-based; no trading commission on currency pairs and metals.$100MT4 / MT5Spreads from 1.3 pips.Traders preferring spread-based pricing.
ECNSpreads from 0.2 pips; $2.5 per lot per side.$200MT4 / MT5Commission applies.Traders who want an ECN spread-and-commission structure.
ZeroSpreads from 0.0 pips on selected majors and metals for much of trading time; $5.5 per lot per side.$200MT5Commission applies; MT5 access only.MT5 traders focused on selected major pairs and metals.

The practical choice is between Standard’s spread-based pricing and the narrower starting spreads plus commissions on ECN and Zero. Zero has the more limited platform choice, while ECN works with both MT4 and MT5. Compare the cost for the instruments and trading frequency you expect rather than relying on the starting spread alone.

Platform choices

PlatformWebDesktopMobileAutomationMain Limitation
MetaTrader 4YesYesYesYes — Expert Advisors (MQL4) on the desktop/VPS environmentFull MQL4/EAs/custom-script functionality is desktop/VPS-centric; the browser/mobile clients do not provide the full desktop automation environment.
MetaTrader 5YesYesYesYes — Expert Advisors (MQL5), Strategy Tester and MQL5 automation on desktop/VPSFull EA/custom-code development and testing are desktop/VPS-centric; browser/mobile versions are primarily for trading and monitoring.

Base currency and account configuration

USD is the base account currency. A deposit, withdrawal or trade in another currency can involve conversion at the prevailing exchange rate, even though AMarkets does not charge a separate currency-conversion fee.

A demo account is available. Islamic swap-free treatment can be applied to Standard, ECN and Zero accounts through the client dashboard, provided there are no open positions or pending orders. It removes rollover and overnight interest fees for currency pairs and metals.

Choosing Your AMarkets Setup

4.6/5
  • Standard requires $100; ECN and Zero each require $200.
  • Zero accounts use MT5, while Standard and ECN support MT4 and MT5.
  • Islamic swap-free treatment is available for Standard, ECN and Zero accounts when there are no open positions or pending orders.

What You Can Trade

AMarkets offers several leveraged markets, but product structure matters: CFD and derivative exposure is not the same as owning the underlying asset. Counts and key product qualifications are below.

MarketApprox. NumberImportant Detail
Forex44Leveraged FX trading. Leverage, swaps and pair availability can differ by account and legal entity.
Indices11Exposure is through leveraged derivatives rather than ownership of an index. Cash or futures pricing, trading hours and overnight charges can differ.
Commodities17Exposure is mainly through leveraged derivatives linked to spot or futures prices. Rollover, financing and trading-hour breaks can apply.
Stocks400Share exposure is mainly through CFDs. Traders do not own the shares or receive voting rights; short positions and overnight financing can apply.
BondsNot offered-
Cryptocurrencies33Exposure is generally through leveraged derivatives rather than wallet ownership. Availability can be restricted by jurisdiction.
Other19This group can include ETFs, futures, options, baskets or other leveraged products. Eligibility, margin and trading hours can differ by platform and account.

AMarkets’ international entities do not target EU, EEA, UK or US clients, and a substantial list of countries is restricted. Confirm both your eligibility and the products available to your account before trading.

What You Can Trade

2.9/5
  • AMarkets offers 44 forex pairs, 400 stocks and 33 cryptocurrencies.
  • Stock exposure is mainly through CFDs, while index exposure is through leveraged derivatives.
  • Bond trading is not offered, and product availability can vary by jurisdiction.

What Trading Is Like in Practice

Order execution

AMarkets uses market execution, which can result in favorable or unfavorable fills, particularly in volatile or lower-liquidity conditions. The broker does not provide a specific execution-speed figure here, so traders should not assume that a quoted spread guarantees a particular fill price.

Leverage, margin and stop-out

Maximum leverage reaches 1:3000 on major forex pairs, depending on account type and jurisdiction. Leverage is capped at 1:1000 from Friday 22:00 to Monday 01:00 server time, and may be reduced as total open volume increases or for certain account types.

For currency pairs and metals opened within 15 minutes before and 10 minutes after major macroeconomic releases, maximum leverage is limited to 1:200. During high-impact news periods, margin requirements for some assets can be recalculated. AMarkets gives margin-call levels of 50–100 and stop-out levels of 20–40; the exact level applicable to an account should be confirmed in its terms.

Trading restrictions

AMarkets allows scalping and hedging, including simultaneous long and short positions in the same asset. MT4 and MT5 support hedging position accounting, and an equal-sized hedging order does not require additional margin. Expert Advisors and algorithmic strategies can run through the MQL4 and MQL5 environments on desktop or VPS.

News trading is allowed, subject to the leverage and margin rules around major releases. The weekend leverage cap and the news-period leverage limit are material constraints for traders who hold positions or open trades around those times.

Day-to-day usability

MT4 and MT5 offer web and mobile access for trading and monitoring; full EA development, custom-code functionality and testing are desktop/VPS-centric. AMarkets also offers VPS hosting for uninterrupted automated trading. Copy trading users can set a copy ratio and loss limit, then pause or exit a strategy.

What Trading Is Like in Practice

3.3/5
  • Market execution can produce favorable or unfavorable fills, especially in volatile or lower-liquidity conditions.
  • Weekend leverage is capped at 1:1000; certain news-period positions are capped at 1:200.
  • Scalping, hedging and Expert Advisor automation are allowed.

From Sign-Up to First Trade

1. Eligibility

AMarkets restricts residents of many countries. Its restrictions include the United States, United Kingdom, Canada, Japan, New Zealand and EU member states, as well as numerous other jurisdictions. Check eligibility before registration.

2. Registration

Open an account through AMarkets and select an account type. Standard has a $100 minimum deposit; ECN and Zero each require $200. A demo account can be used without completing live-account verification.

3. Verification

Live trading, deposits and withdrawals require KYC verification. AMarkets requires a government-issued photo ID, email and phone verification, and proof that you own the payment method used to fund the account.

4. Initial funding

Deposits must come from a payment method registered in the same name as the trading account. The listed deposit routes in the client-area tables each have a $100 minimum; account minimums still differ by account type.

5. Getting ready to trade

Choose MT4 or MT5 according to your account and workflow. Zero accounts use MT5, while Standard and ECN support MT4 and MT5. Traders using Expert Advisors need the desktop or VPS environment for full automation functionality.

From Sign-Up to First Trade

4.7/5
  • Live trading, deposits and withdrawals require KYC verification.
  • AMarkets requires a government-issued photo ID, verified email and phone, and proof of payment-method ownership.
  • Deposits must use a payment method registered in the exact same name as the trading account.

Depositing and Withdrawing Money

Deposits

AMarkets’ payment routes include card, e-wallet and cryptocurrency methods. Deposit fees are generally not charged by the broker, and payment-system fees may be compensated subject to terms. Processing times below are method-specific; payment-provider settlement can be separate.

MethodMinimumBroker FeeBroker ProcessingExpected Settlement
$100Deposit payment-system fees compensated by broker, subject to termsup to 30 minup to 30 min
$100Deposit payment-system fees compensated by broker, subject to termsup to 30 minup to 30 min
$100Deposit payment-system fees compensated by broker, subject to termsInstantInstant
$100Deposit payment-system fees compensated by broker, subject to termsInstantInstant
$100Deposit payment-system fees compensated by broker, subject to termsInstantInstant
$100Deposit payment-system fees compensated by broker, subject to termsInstantInstant
$100Deposit payment-system fees compensated by broker, subject to termsInstantInstant
$100Deposit payment-system fees compensated by broker, subject to termsInstantInstant
$100Deposit payment-system fees compensated by broker, subject to termsInstantInstant

Withdrawals

Withdrawal processing can take up to 24 hours at the broker stage for several methods, with blockchain confirmations or payment-provider processing adding time where applicable. Fees depend on the method; check the withdrawal quote in the client area before submitting a request.

MethodMinimumBroker FeeBroker ProcessingExpected Settlement
$1 (AMarkets regional withdrawal table)Method/provider-specific, check the current client-area withdrawal quoteWithin 24 hours broker processingWithin 24 hours broker processing
$1 (AMarkets regional withdrawal table)Method/provider-specific, check the current client-area withdrawal quoteWithin 24 hours broker processingWithin 24 hours broker processing
5 USDTMethod/provider-specific, check the current client-area withdrawal quoteWithin 24 hours broker processingWithin 24 hours broker processing
1 USDCMethod/provider-specific, check the current client-area withdrawal quoteUp to 24 hours plus blockchain confirmationUp to 24 hours plus blockchain confirmation
0.05 BNBMethod/provider-specific, check the current client-area withdrawal quoteUp to 24 hours plus blockchain confirmationUp to 24 hours plus blockchain confirmation
0.002 BTCMethod/provider-specific, check the current client-area withdrawal quoteWithin 24 hours broker processingWithin 24 hours broker processing
0.1 LTCMethod/provider-specific, check the current client-area withdrawal quoteWithin 24 hours broker processingWithin 24 hours broker processing
0.02 ETHMethod/provider-specific, check the current client-area withdrawal quoteWithin 24 hours broker processingWithin 24 hours broker processing
$10 equivalentMethod/provider-specific, check the current client-area withdrawal quoteUp to 24 hoursUp to 24 hours

AMarkets requires the funding method to be registered in the trading-account holder’s exact name. Broker processing time is not necessarily the time until funds arrive in a bank, card account or crypto wallet.

Depositing and Withdrawing Money

3.8/5
  • Each deposit method in the payment table has a $100 minimum.
  • Broker withdrawal processing is generally within 24 hours, with additional blockchain or provider settlement time possible.
  • Withdrawal fees are method-specific and should be checked in the client area.

Customer Support

Support ChannelAvailableHoursLanguages / Important Notes
EmailYes24/7[email protected]; support languages include English, Bahasa Indonesia, Russian, Uzbek, Turkish, Persian, Malay, Hindi, Kazakh and Kyrgyz.
PhoneYes24/7+44 330 777 22 22.
TelegramYes24/7Support languages include English, Bahasa Indonesia, Russian, Uzbek, Turkish, Persian, Malay, Hindi, Kazakh and Kyrgyz.
ChatYes24/7Support languages include English, Bahasa Indonesia, Russian, Uzbek, Turkish, Persian, Malay, Hindi, Kazakh and Kyrgyz.

Availability

AMarkets provides support 24/7 through email, phone, Telegram and chat. Its support languages include English and several Asian and regional languages.

How traders can get help

For account or transaction questions, traders can contact support by email at [email protected] or by phone at +44 330 777 22 22. Chat and Telegram are also support channels.

Support limitations

Customer feedback often praises quick responses and practical guidance. Less common complaints concern unclear communication and withdrawal issues that are difficult to resolve.

Customer Support

3.8/5
  • Support is available 24/7 through email, phone, Telegram and chat.
  • Support languages include English, Russian, Turkish, Hindi and several regional languages.
  • Customer feedback commonly praises quick practical responses, while less frequent complaints concern unclear communication and difficult withdrawal issues.

What Protects Your Money?

AMarkets is headquartered in the Cook Islands and has a MISA regulatory jurisdiction in Comoros. Its registrations and protections should not be treated as interchangeable: a company registration is not automatically a forex-dealer licence, and Financial Commission compensation applies only to eligible claims.

Legal entities and regulators

Client RegionRegulatorLicense / RegistrationMain Protection
ComorosMISAComoros (MISA): T2023284. Cook Islands company registration: LLC14486/2023. Saint Vincent and the Grenadines company registration: 22567 BC 2015.AMarkets is a member of the Financial Commission; its Compensation Fund may cover eligible claims up to €20,000.
Cook IslandsFSC (Cook Islands)LLC14486/2023Company registration; this is not automatically a forex-dealer licence.
Saint Vincent and the GrenadinesFSA (SVG)22567 BC 2015Company registration, not a forex or broker licence.

AMarkets’ international entities do not target EU, EEA, UK or US clients. The Cook Islands and SVG entries are registrations, not proof of a forex-dealer licence. The Financial Commission is a dispute-resolution organization, not a government regulator.

Client money protections

AMarkets says client funds are held in segregated accounts at international banks and licensed liquidity providers, separate from the broker’s operational capital. AMarkets is a member of the Financial Commission, whose Compensation Fund may cover eligible claims up to €20,000. These arrangements have different eligibility and scope; compensation is not guaranteed for every dispute or client.

AMarkets offers negative balance protection for retail clients. Professional clients are excluded, and where a client has multiple funded accounts, a negative balance may be offset against funds in another account.

Company transparency

AMarkets was founded in 2007 and is not publicly traded. Its Cook Islands headquarters address is T&F Chambers, Nikao, Avarua, Rarotonga, Cook Islands.

Important distinction

Segregation and eligible compensation arrangements concern broker failure or dispute outcomes; they do not prevent losses from leveraged trading. Negative balance protection is a separate account-level safeguard and does not apply to professional clients.

What Protects Your Money?

2.8/5
  • AMarkets has MISA regulation in Comoros; its Cook Islands registration is company registration, not automatically a forex-dealer licence.
  • AMarkets says client funds are segregated from its operational capital.
  • Negative balance protection applies to retail clients, not professional clients.

The Biggest Catch With AMarkets

What the headline claim suggests

Leverage of up to 1:3000 can make AMarkets look particularly flexible for forex traders. The maximum, however, is conditional: it applies to major forex pairs depending on account type and jurisdiction, and leverage can be reduced by open volume, weekend limits or major news events.

What happens in practice

Leverage is capped at 1:1000 during the weekend period from Friday 22:00 to Monday 01:00 server time. For currency pairs and metals opened within 15 minutes before and 10 minutes after major macroeconomic releases, the cap is 1:200. Margin requirements can also be recalculated during high-impact news periods.

The regulatory context adds another qualification. AMarkets has MISA regulation in Comoros, while its Cook Islands registration is company registration and not automatically a forex-dealer licence. The Financial Commission’s compensation fund may cover eligible claims up to €20,000, but that is not the same as broad regulatory protection or protection against trading losses.

Who should care most

These conditions matter most to traders who plan to use very high leverage, hold positions through weekends, trade major announcements or need the protections associated with a major onshore regulator. The account’s applicable entity and leverage terms should be understood before funding.

Who AMarkets Is Really For

Consider AMarkets if you...

  • Use MT4 or MT5 and want desktop Expert Advisor automation or VPS hosting.
  • Understand the margin implications of high leverage and can work within the weekend and news-period caps.
  • Want copy trading controls such as a copy ratio, loss limit and the ability to pause or exit a strategy.

You may want to look elsewhere if you...

  • Live in a restricted jurisdiction, including the United States, United Kingdom, Canada, Japan or an EU country.
  • Require a forex-dealer licence from a major onshore regulator rather than an offshore-focused regulatory structure.
  • Want an account without commission and a low starting spread at the same time; Standard is commission-free for currency pairs and metals, while ECN and Zero charge commission.

The Bottom Line

AMarkets’ strongest proposition is high-leverage MT4/MT5 trading, backed by ECN and Zero pricing options, automation and copy trading. Its biggest compromise is the offshore-focused regulatory footprint, alongside account- and event-dependent leverage limits. The trade-off is most likely to suit experienced platform users who understand leveraged risk and are comfortable with the applicable entity and protections.

How We Reviewed AMarkets

Our assessment considers account terms, pricing, funding and withdrawal operations, platform capabilities, tradable products, customer support and regulatory registrations. We distinguish broker claims from registration details and customer feedback, and do not claim personal testing of AMarkets’ services. For more detail on how brokers are assessed, see our review methodology.

Contact Info

Phone:
44 330 777 22 22
Company Address:
T&F Chambers, Nikao, Avarua, Rarotonga, Cook Islands

FAQ

Is AMarkets regulated?

AMarkets has MISA regulation in Comoros. It also has a Cook Islands company registration, which is not automatically a forex-dealer licence; its SVG registration is not a forex or broker licence. AMarkets is a member of the Financial Commission, whose fund may cover eligible claims up to €20,000.

What is AMarkets’ minimum deposit?

The Standard account minimum is $100. ECN and Zero accounts each require $200. The payment-method minimums in AMarkets’ deposit table are $100.

What does AMarkets charge for trading?

Standard has no commission on currency pairs and metals, with spreads starting from 1.3 pips. ECN and Zero combine spreads with commission; ECN starts from 0.2 pips and Zero from 0.0 pips on selected major pairs and metals for much of trading time. Average spreads and the commission that applies depend on the instrument and account.

Which AMarkets account should I choose?

Standard has a $100 minimum and spread-based pricing without commission on currency pairs and metals. ECN requires $200, supports MT4 and MT5, and charges $2.5 per lot per side in its account conditions. Zero also requires $200, uses MT5 and charges $5.5 per lot per side.

Which platforms and trading tools does AMarkets offer?

AMarkets offers MetaTrader 4 and MetaTrader 5 for web, desktop and mobile. Expert Advisors and full custom-code development are desktop/VPS-centric, and AMarkets offers VPS hosting. It also supports copy trading.

What is AMarkets’ maximum leverage?

Maximum leverage is up to 1:3000 on major forex pairs, depending on account type and jurisdiction. It is capped at 1:1000 over the weekend period, and at 1:200 for currency-pair and metal positions opened within 15 minutes before and 10 minutes after major macroeconomic releases.

Does AMarkets allow scalping and automated trading?

AMarkets allows scalping and hedging. MT4 and MT5 support Expert Advisors through MQL4 and MQL5 on desktop or VPS, and AMarkets offers VPS hosting. News trading is allowed, with leverage and margin rules around major releases.

How long do AMarkets withdrawals take?

Broker processing is generally within 24 hours for the methods in its withdrawal table. Some crypto withdrawals also require blockchain confirmations, and payment-provider settlement can take additional time. Withdrawal fees depend on the method and are quoted in the client area.

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