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About AMarkets
AMarkets is an international company with dozens of offices in Europe and the CIS. It was established in 2007, but its structure has gone through major changes since then. Initially, the company was called AForex. Over time, the brand became a symbol of reliability and European quality service standards. Today, AMarkets is a modern ECN broker, actively developing both “trading for beginners” and professional algorithmic trading.
AMarkets at a glance
| Minimum Balance | USD 100 |
| Accepted Currency | EUR, USD, RUB |
| Leverage | Up to 1:3000 |
| Year Founded | 2007 year |
| Publicly Traded (Listed) | Yes |
| Bank | Yes |
| Mobile App | Available |
| Customer Support | Phone, email and live chat support 24/7. In person at local branches. Support also available via text, Facebook Messenger, Twitter direct message, Apple Business Chat and Amazon Alexa. |
| Official Website | Click Here To Visit |
How To Create Account At AMarkets
TD Ameritrade offers many different account types with no minimum deposit requirements, which means US citizens of all financial backgrounds can sign up.
AMarkets Account Types
Often, the number and type of accounts that a trader can open with a broker differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls. You have three AMarkets forex accounts to choose from and a possibility to create an Islamic account (swap-free), depending on the type of trade you want to execute.
Payment options
Depositing and withdrawing funds with AMarkets is simple and easy, and like anything else with this online trading brokerage, there are plenty of options. See the supported deposit and withdrawal methods below and their associated fees and processing times.
How to make a Deposit
The following payment options are available to clients of AMarkets:
Deposits can be funded in USD, EUR, or RUB currencies. While deposits are free, there are withdrawal fees as well as minimum amounts applicable. You may find additional information in the “Deposit Funds” section on the AMarkets Website.
Funds withdrawal
There are also multiple ways to withdraw funds from AMarkets through bank wire transfer, credit cards, Neteller, WebMoney, etc. Each method has different fees and commissions, entry minimum, and processing times.
Fees, Spreads, and Commissions
Making AMarkets review, we made fees, spreads, and commissions clear:
- To be able to fund your trading account, you have to complete the identity verification;
- The minimum initial deposit is $100/€100;
- AMarkets’ withdrawal fees vary on the payment method;
- AMarkets does not charge a fee for inactive accounts;
- AMarkets does not charge deposit fees.
With AMarkets, spreads start from 0.0 pips on EUR/USA. Spread types and commission fee charges with AMarkets depend on the type of live account, the financial instrument, and the market conditions. Spreads and commissions that traders can expect from AMarkets are from 1.3 pips on the Standard Account, from 3 pips on the Fixed Account, and 0.0 pips on the ECN Account. On the ECN Account, commissions of $2.5/€2.5 are charged per lot.
Thus, the AMarkets review shows that commission fees can differ depending on the trading type, financial asset type, and your trading account level.
AMarkets have two types of trading platforms to pick from. You can choose to either work with MetaTrader4 and xStation. Both trading platforms are popular and give you as a trader the best trading experience.
Trading Platform
MetaTrader4 is available for mobile, PC and web use. It is mostly a darling to the more experienced traders in the market. The platform has unlimited options of usability. The interface is user-friendly, it provides the traders with Expert Advisors, automatic trading plans and charting technology.
xStation, on the other hand, can be tailor-made to suit the individual needs of the different clients. The platform is also coupled with advanced features meant to help the trader make an analysis of the market and execution by just a click. Also, the traders can be able to access the market through the charts directly.
Features
Marketing Support
They offer a wide range of tools — banners, presentations, landing pages, images, etc.
Large Information Database
To ensure your success as a Partner, we conduct webinars, organize conferences and forums, and hold discussions on various subjects
Multilingual Support
Each Partner is assigned to a qualified Personal manager, who can provide real assistance
Fee-free funds
TD Ameritrade provides investors with up to 3,700 no-transaction-fee mutual funds. That’s a great benefit for those who look for funds aside from stocks. TD Ameritrade also has a stock screening tool that can be customized to fit an investor’s needs. Each fund page includes recent performance and holdings, along with a description of the fund.
Wide range of account types
TD Ameritrade offers a wide variety of account types, so you’ll always be able to find one that suits your needs. For example, they offer individual, joint taxable and custodial accounts as well as 529 accounts and retirement plan options like Roth IRAs, traditional IRAs and pension and profit-sharing plans, just to name a few.
Alerts and notifications
The MarketWatch feature on the thinkorswim desktop trading platform lets you set up alerts and notifications for the following: price, news, and those of your choice. You’ll get notifications via email , push notification or text message.
Pros & Cons Of TD Ameritrade
| PRO | CONS |
|---|---|
| Order execution speed is 35–50 ms (average market indicator is 200–500 ms) | There is no information about how the rating of managers is formed and how much can the provided statistics be trusted |
| Average market spreads from 0.3 pips (average market indicator is from 0.5 pips) | Expert advisors with basic settings are unprofitable. Launching templates without preliminary testing is strongly not advised. |
| Newest passive investment platform – AMarkets Copy Trading | High level of minimum deposit, which is an obstacle for novice traders; |
| Proprietary laboratory for algorithmic trading instruments | Offshore regulation. |
| Compensation fund of up to EUR 20,000 per each client. |
Conclusion
AMarkets can be summarily described as a worthwhile company for potential traders and investors. It is a reliable, award-winning FX broker with many years of experience in the industry, which offers a good variety of trading instruments, platforms, account types, and solutions. Online broker AMarkets is a leading forex company that provides direct access to global markets and executes nearly 10,000 trades per day, with comfortable trading conditions that include no commission and tight spreads. AMarkets’ account types come with unique features and benefits for beginner and advanced traders and users to trade on globally recognized trading platforms.
