AMarkets Broker Review - Comprehensive Insights for Traders

Are you considering getting started with trading but feeling unsure about which brokerage to choose? Or perhaps you're an experienced trader looking to switch providers? Regardless of your trading experience, this in-depth review of AMarkets, a well-established Forex broker, will provide key insights to assist you in your decision-making process.

A Quick Introduction to AMarkets

Launched back in 2007, AMarkets has been helping traders navigate the vast financial markets with ease. The company’s long-standing presence in the industry is testament to its robust trading services and features. While US-based traders may need to look elsewhere, stringently designed for international clients, AMarkets offers a plethora of features like trading by phone, free education, managed accounts, and much more.

Please Note: AMarkets does not entertain U.S. traders.

Minimum Account Size and Position Size

It is essential that a broker accommodates traders of all levels. AMarkets has set its minimum account size at $100, making the trading platform accessible for those just starting out or individuals who prefer a low-entry trading experience. Further, with a minimum position size of 0.01, AMarkets makes it possible to trade without breaking the bank.

Spread and Leverage

AMarkets excels in offering a competitively low spread, which can notably increase a trader's profitability over time. Additionally, AMarkets hasn’t disclosed its maximum leverage providing flexible trading options to its users. However, ample leverage usage should be pursued wisely as it could equally increase your losses.

Regulation and Security

In terms of regulation, it's important to understand that AMarkets does not have a strong regulatory presence. However, they maintain segregated accounts which implies they keep company funds distinct from client funds, potentially adding an additional layer of security to the client's investment.

Broker Features and Perks

AMarkets is packed with unique features and extra services, placing it ahead of many competitors. Some prominent features worth mentioning include:

1. Managed Accounts and VPS: The VPS (Virtual Private Server) service and Managed accounts can help traders, especially those with little time to monitor the market regularly.
2. Free Education: AMarkets also provides free educational resources to enhance trading know-how, particularly useful for beginners.
3. Bonuses: AMarkets is known for offering attractive bonuses – perfect for those looking to add a little more to their trading pot.
4. Personal Manager: With this feature, you get personalized attention in understanding and managing your account.
5. Trading Contests: Perfect for those with a competitive spirit, AMarkets runs trading contests where traders can test and showcase their trading skills.

Conclusion

Overall, with an average broker rating of 7.8, AMarkets certainly stands out as one of the more reliable and accessible forex trading platform. Despite lacking in serious regulation, the company has made significant strides in implementing features like segregated accounts, VPS, and providing enriching educational resources, making it a broker worth considering. However, prospective traders should always do their due diligence before committing money into trading.

Bear in mind, trading in forex and other leveraged products involves significant risk of loss and is not suitable for all investors. Trading is risky; make sure you aim to preserve your trading and risk management.

Disclaimer: This review is for informative purposes only and not to be considered as trading advice.

DayFunded Review Rating for AMarkets: 7.8/10