MetaTrader 4
MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.
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Is AMarkets a scam?
Wikilix independent safety report
44%Scam risk
High risk (unverified)Confidence: MEDIUM
3.0/5Safety rating 3 out of 5
AMarkets is a real, long-running broker rather than an outright scam, but it operates on weak offshore paperwork with no meaningful regulation, so we rate it high risk. It has traded since 2007 (firs…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIdentity & transparency4/10 · ModerateWithdrawals & conduct3/10 · LowReputation4/10 · ModerateWebsite claims4/10 · ModerateOperational history6/10 · High
Editorial review
Broker Summary
What Wikilix has recorded about AMarkets: its history, the licences it holds, its trading conditions and its fees.
AMarkets is an online forex and CFD broker operating under the brand name AMarkets, run by AMarkets LTD and trading since October 2007. The group is headquartered offshore and serves retail clients across Asia, the CIS, the Middle East, Africa and Latin America through a network of localised regional sites.
Regulation. AMarkets holds licences from offshore authorities only. Its trading entities are licensed by the Mwali/Moroni International Services Authority in the Comoros under number T2023284, by the Financial Services Commission in the Cook Islands under number LLC14486/2023, and by the Financial Services Authority in Saint Vincent and the Grenadines under number 22567 BC 2015. None of these is a top tier onshore regulator such as the FCA, ASIC or CySEC, and none of the three offers a statutory investor compensation scheme. Clients therefore carry more counterparty risk than they would with an onshore licensed broker, and dispute resolution is limited to the broker's own complaints process. WIKILIX has not been able to confirm these licences against the regulators' own public registers, so they should be treated as claims supported by the certificates the broker presents.
Accounts and trading conditions. The broker offers a Standard account from a 100 USD minimum deposit with no commission on selected instruments, an ECN account from 200 USD charging about 2.50 USD per lot per side, and a Zero Spread account from 200 USD charging about 5.50 USD per lot per side. A swap free Islamic option is available across the account range. Leverage runs as high as 1:3000, which is far above the caps applied in regulated markets and can erase an account balance very quickly. Traders should size positions on the leverage they actually need rather than the maximum on offer.
Platforms. MetaTrader 4 and MetaTrader 5 are both available, alongside the broker's own mobile application and a copy trading service. The MetaTrader platforms carry the familiar charting, automated trading and expert advisor support that most clients expect.
Funding. Deposits and withdrawals are handled by card, cryptocurrency and the Volet e-wallet. Card withdrawals carry a fee of around 1.8 per cent with a 5 USD minimum and a 3,000 USD ceiling per transaction, Volet charges roughly 0.5 per cent on both directions with a 10 USD minimum, and stablecoin withdrawals in USDT or USDC carry a flat charge of about 1 USD. Bank transfer is not currently supported.
Support. Clients can reach the broker by live chat during business hours, by email at support@amarkets.com, or by telephone on +44 330 777 22 22. Support is offered in English alongside the languages covered by the regional sites.
Who it suits. AMarkets suits experienced traders in regions where onshore brokers are hard to access, who value high leverage, low entry deposits, fast crypto funding and MetaTrader access, and who understand what an offshore licence does and does not protect. Traders who want segregated client money backed by a compensation scheme, a statutory ombudsman and leverage caps should look to an onshore regulated firm instead. As with any leveraged CFD trading, losses can exceed expectations and only risk capital should be committed.
Spread check
AMarkets live spreads
AMarkets's typical spread on EURUSD is 1.74 pips, measured on a real trading account. We read every price the broker sends and weight each spread by how long it actually held — across 10 instruments and 25.1M quotes so far.
Measured continuously
EURUSD typical spread1.74pipsmeasured as EURUSD
- UsualThe median. Half the time the spread was tighter than this, half the time wider.
- 1.70 pips
- Bad momentsThe 95th percentile. One reading in twenty was worse than this — the moments that cost you.
- 1.88 pips
- Best seenThe tightest spread recorded on this instrument.
- 1.60 pips
- Worst seenThe widest spread recorded, usually at the daily rollover or around news.
- 19.9 pips
Spread over time
Tap an instrument to add it to the chart. Hover the lines for the exact reading at that moment.
pips
Above 4.00 pips the scale compresses, so one rollover window does not flatten the rest. The widest reading in view is 6.86 pips.
| Instrument | TypicalThe average spread, weighted by how long each one actually held rather than by how many quotes were sent. Read every 10 minutes. | UsualThe median: half the readings were tighter than this, half were wider. | Bad momentsThe 95th percentile — one reading in twenty was worse than this. | BestThe tightest reading recorded. | WorstThe widest reading recorded. Spreads usually widen at the daily rollover and around news. | QuotesHow many individual price updates from the broker these figures are built from. A bigger number means a steadier measurement. |
|---|---|---|---|---|---|---|
| EURUSDEURUSD | 1.74 pips | 1.70 | 1.88The 95th percentile — one reading in twenty was worse than this. Widest at Sep 15, 21:00 UTC. | 1.60Tightest at Sep 3, 08:10 UTC. | 19.9Widest at Sep 15, 21:00 UTC. | 1.9MFrom 7342 ten-minute windows that passed the completeness check. |
| GBPUSDGBPUSD | 2.63 pips | 2.53 | 3.07The 95th percentile — one reading in twenty was worse than this. Widest at Sep 10, 21:20 UTC. | 2.30Tightest at Oct 20, 19:20 UTC. | 21.6Widest at Sep 10, 21:20 UTC. | 2.6MFrom 7334 ten-minute windows that passed the completeness check. |
| USDJPYUSDJPY | 1.69 pips | 1.62 | 2.08The 95th percentile — one reading in twenty was worse than this. Widest at Oct 4, 21:20 UTC. | 1.30Tightest at Sep 21, 08:50 UTC. | 29.9Widest at Oct 4, 21:20 UTC. | 2.6MFrom 7402 ten-minute windows that passed the completeness check. |
| USDCHFUSDCHF | 2.05 pips | 2.03 | 2.21The 95th percentile — one reading in twenty was worse than this. Widest at Sep 30, 21:20 UTC. | 1.70Tightest at Oct 26, 18:10 UTC. | 24.1Widest at Sep 30, 21:20 UTC. | 1.7MFrom 7301 ten-minute windows that passed the completeness check. |
| USDCADUSDCAD | 2.90 pips | 2.87 | 3.09The 95th percentile — one reading in twenty was worse than this. Widest at Oct 1, 21:00 UTC. | 2.50Tightest at Oct 7, 09:40 UTC. | 24.6Widest at Oct 1, 21:00 UTC. | 1.8MFrom 7344 ten-minute windows that passed the completeness check. |
| AUDUSDAUDUSD | 2.29 pips | 2.27 | 2.45The 95th percentile — one reading in twenty was worse than this. Widest at Oct 18, 21:20 UTC. | 2.10Tightest at Sep 13, 23:00 UTC. | 16.0Widest at Oct 18, 21:20 UTC. | 1.9MFrom 7340 ten-minute windows that passed the completeness check. |
| NZDUSDNZDUSD | 2.37 pips | 2.34 | 2.55The 95th percentile — one reading in twenty was worse than this. Widest at Sep 2, 21:10 UTC. | 0.70Tightest at Sep 3, 23:10 UTC. | 21.0Widest at Sep 2, 21:10 UTC. | 1.8MFrom 7322 ten-minute windows that passed the completeness check. |
| EURGBPEURGBP | 1.60 pips | 1.55 | 1.76The 95th percentile — one reading in twenty was worse than this. Widest at Sep 15, 21:30 UTC. | 1.30Tightest at Sep 29, 11:30 UTC. | 22.3Widest at Sep 15, 21:30 UTC. | 1.9MFrom 7394 ten-minute windows that passed the completeness check. |
| EURJPYEURJPY | 2.12 pips | 2.05 | 2.43The 95th percentile — one reading in twenty was worse than this. Widest at Oct 4, 21:10 UTC. | 1.30Tightest at Sep 3, 20:20 UTC. | 32.3Widest at Oct 4, 21:10 UTC. | 3.2MFrom 7444 ten-minute windows that passed the completeness check. |
| XAUUSDXAUUSD | 36.3 points | 36.3 | 37.7The 95th percentile — one reading in twenty was worse than this. Widest at Sep 2, 01:00 UTC. | 32.0Tightest at Sep 14, 18:10 UTC. | 176.0Widest at Sep 2, 01:00 UTC. | 5.6MFrom 7210 ten-minute windows that passed the completeness check. |
Website archive
Website snapshots
One full-page capture of AMarkets's own site, archived so what it said can still be read after the page changes.
1 page
Regulation check
Regulatory Licenses
We have not confirmed any regulation for AMarkets. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for AMarkets. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
4 account types on record. Minimum deposit from USD 100. Leverage up to 1:3000.
4 account types
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| Standard | USD 100 | 1:3000 | No commission on select instruments |
| ECN | USD 200 | 1:3000 | $2.5 per lot per side |
| Zero SpreadECN | USD 200 | 1:3000 | $5.5 per lot per side |
| IslamicSwap-Free | Not recorded | Not recorded | Available for all account types |
Deposits & withdrawals
Funding Methods
4 ways to fund an account. 3 credit instantly. The costliest way in is Volet (e-wallet) at 0.5%.
4 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Visa/MastercardCredit CardProvider fees 1-3% for deposits | Not recorded | 1.8% | USD 1 | USD 5USD 3,000 | Instant |
| CryptocurrenciesCryptocurrencyVaries by coin; USDT/USDC charge $1 per transaction | Not recorded | USD 1 | USD 1 | Not recordedNot recorded | Instant |
| Volet (e-wallet)E-Wallet | 0.5% | 0.5% | USD 10 | USD 10Not recorded | Instant |
| Bank TransferBank Transfer | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recorded |
Trading software
Trading Platforms
2 trading platforms on record: MetaTrader 4 and MetaTrader 5.
2 platforms
MetaTrader 5
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
Details
Websites
Global Domains
18 domains on record. All active and served over HTTPS.
18 domains
Legal entities
Corporate Network
One legal entity behind the AMarkets brand.
1 entity
- AMarkets LTDActiveSaint Vincent and the GrenadinesEstablished Jan 1, 2007
Company registry check
Company Registration
The operating company is AMarkets ltd. Registered in Comoros. Registration number HY00523405.
Verified on registry
- Legal entity
- AMarkets ltd
- Registration number
- HY00523405
- Jurisdiction
- Comoros
- Registry
- Mwali International Services Authority
Peer comparison
Brokers worth comparing
3 other brokers on the record share what AMarkets offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
AMarkets
This recordSaint Vincent and the Grenadines · since 2007· AMarkets LTDWikilix score 38.0RegulationNo RegulationMax leverage1:3000Platforms2LicencesNot recordedCrystal Ball Markets
Saint Vincent and the Grenadines · since 2020· Crystal Ball Markets LLCWikilix score 38.0RegulationOffshoreFSAMax leverage1:1000Platforms1Licences2XeOne
Mauritius · since 2023· XeOne PrimeWikilix score 38.0RegulationOffshoreFSCMax leverage1:2000Platforms1Licences1Pravda Markets
Comoros· Pravda Markets LTDWikilix score 38.0RegulationOffshoreMISAMax leverage1:400Platforms1Licences1
Frequently Asked Questions
Frequently Asked Questions
Common questions about AMarkets
Most Popular Questions
AMarkets provides customer support through live chat during business hours and email support at support@amarkets.com. They also have a presence on social media platforms like Facebook and LinkedIn.
According to WIKILIX data, AMarkets allows trading in Forex, funds, and derivatives. The broker provides access to a variety of financial markets for its clients.
AMarkets offers a maximum leverage of up to 3000:1. This high leverage allows traders to control larger positions with a smaller amount of capital.
AMarkets supports deposits and withdrawals via Visa/Mastercard, cryptocurrencies, and e-wallets like Volet. Bank transfers are not supported, and fees vary by method.
AMarkets offers MetaTrader 4 and MetaTrader 5 platforms. These platforms are available for desktop and provide advanced charting and automated trading capabilities.
AMarkets is not regulated by a major financial authority. It holds offshore licenses from the Moroni International Services Authority in Comoros and the Financial Services Commission in the Cook Islands.
AMarkets's typical EURUSD spread is 1.74 pips, measured on a real trading account rather than taken from the broker. Half the readings were tighter than 1.70 pips, and the tightest we have recorded is 1.60 pips. Each spread is weighted by how long it actually held, not by how many quotes were sent.
One reading in twenty was worse than 1.88 pips, and the widest we have recorded is 19.9 pips. Spreads widen at the daily rollover and around news, so the worst figure usually comes from a few minutes of the day rather than from normal trading.
AMarkets's typical gold spread is 36.3 points. Gold is quoted in points, not pips, so this number cannot be compared directly with a currency pair.
We run a real MetaTrader 5 account at AMarkets and read every price the broker sends, every 10 minutes, across 10 instruments — 25.1M quotes so far, since 2026-09-01. Each spread is weighted by how long it held. Ten-minute windows less than 95% complete are excluded. We never place a trade.
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