What is AMarkets?
AMarkets is an international online trading brokerage that was launched in 2007.Since then, this broker has already won numerous international awards across all areas of online trading services. This broker is owned and operated by AMarkets Ltd. Its headquarters is located at #2B Moskovska St. 7th Floor, Podgorica, Montenegro.
AMarkets has international offices located in Almaty, Kazakhstan, Tbilisi, Georgia, Armenia, and Yerevan. These international offices allow A-markets to provide services to traders from all over the world. However, AMarkets does not offer trading services to clients who reside in any of the following countries: Japan, the United States, Great Britain, Lithuania, North Korea, Algeria, Myanmar, and Iraq.
AMarkets is regulated by the Financial Services Authority (FSA) of Saint Vincent. This broker is also a member of an international dispute resolution organization known as the Financial Commission. Moreover, the financial credibility of AMarkets has been verified by Ernst & Young which is an international auditing company. This shows the broker’s openness and transparency to its clients.
Amarkets’ Trading Assets
AMarkets offers its clients an extensive array of financial instruments and markets to participate in trading. Traders could find opportunities in trading Forex pairs (50), precious metals (7), commodities (11), stocks (147), bonds (3), and cryptocurrencies (3).
Trading Platform
AMarkets offers the very popular and sophisticated trading platform, MetaTrader 4 (MT4). This platform is fully optimized and compatible with all mobile devices including tablets and smartphones for both Apple and Android devices. MT4’s mobile application is available on the Apple App Store and the Google Play Store.
The MT4 application for mobile devices comes complete with all the same functionality as desktop platforms. However, it has some minor changes and compatibility fixes to the Application Programming Interface (API) software.
MT4 has various trading features including real-time quotes of all available financial instruments, fast order execution on advanced order types, and detailed trading history.
AMarkets traders could customize charts and app colors based on their preferences. They could also receive financial news every day.
Deposits and Withdrawal Methods
AMarkets offers a wide variety of deposit and withdrawal methods. This broker aims to accommodate different traders all over the world. The deposit and withdrawal methods are the same. However, it has additional fees and processing times. All deposit methods are free of charge except for Bank Wire transfers that would take three to five business days. Bitcoin could take up to one hour. As for withdrawal fees and processing times, they vary depending on what method one would be using for the transaction.
AMarkets deposit and withdrawal methods:
Plastic Cards
Plastic cards such as Visa, MasterCard, and Prepaid Card could take one to three hours processing time and a 2.5% transaction fee plus $5.
Bank Wire Transfer
Bank wire transfer like SWIFT could take three to five days processing time and the transaction fee depends on the bank.
Electronic Payment Systems
Bitcoin has a 2%transaction fee and one hour processing time. Perfect Money has a 0.5% transaction fee and one to three hours of processing time. WebMoney has a 0.8% transaction fee and instant availability. FasaPay has a 0.5% transaction fee and one to three hours of processing time. Skrill has a 1% transaction fee and one to three hours of processing time. Union Pay has no transaction fees but the processing time could take up to three days.
Customer Service
AMarkets provides its traders an exceptional customer service and many contact methods. Its customer support is available 24 hours a day, five days a week through email, Skype, live chat, Telegram, and telephone. AMarkets offers multilingual support in six different languages.
AMarkets’ Telegram support option is an excellent choice since it responds quickly to simple questions and issues. Additional support methods include the company’s extensive FAQ page and comprehensive education center.
AMarkets aims to give its traders an immense amount of informative content which has been very well organized.
Final Verdict
AMarkets is an international online trading brokerage that offers a wide variety of financial instruments including Foreign exchange, Metals, Commodities, CFDs, and major cryptocurrencies. This broker has excellent trading platforms, very competitive trading fees, and a wide selection of tradable assets. However, its customer support caters to six different languages only. AMarkets has been proven to be a reliable and trusted online exchange.
