Question: Which AMarkets' account type/platform is the best for trading?
Comparison of AMarkets’ account types
Whether you are new to trading or already an experienced trader, choosing the right brokerage platform can greatly impact your success. AMarkets has built our reputation by offering a comprehensive range of trading accounts to meet diverse trading strategies and risk tolerance levels. Our trading environment is designed to foster growth and profitability, featuring advanced tools, competitive spreads, and efficient execution.
Feature | Standard | ECN | Fixed | Crypto |
---|---|---|---|---|
Order Execution | Instant execution / Market execution | Market execution | Instant execution / Market execution | Market execution |
Initial deposit | $100 / €100 | $200 / €200 | $100 / €100 | MBT 10 |
Leverage | Up to 1:3000 | Up to 1:3000 | Up to 1:3000 | 1:500 |
Decimal Pricing | Up to 5 digits | Up to 5 digits | Up to 4 digits | Up to 5 digits |
Order volume | From 0.01 with step 0.01 | From 0.01 with step 0.01 | From 0.01 with step 0.01 | От 0.01 with step 0.01 |
Spread | Floating from 1.3 pips | Floating from 0 pips | Fixed from 3 pips | Floating from 1.3 pips |
Islamic Account | Optional | Optional | Optional | – |
Trading Time | Monday 00:00 / Friday 23:00 EET | Monday 00:00 / Friday 23:00 EET | Monday 00:00 / Friday 23:00 EET | Monday 00:00 / Friday 23:00 EET |
Commission | – | $2.5 / €2.5 per 1 lot per side | – | – |
Stop Out level | 20% | 40% | 20% | 20% |
Margin for hedged positions | 50% | 50% | 50% | 50% |
Account Currency | USD, EUR | USD, EUR | USD, EUR | MBT |
Trading Instruments | 44 Forex; 7 Metals; 16 Indices; 11 Commodities; 2 Bonds; 427 Stocks; 19 ETF; 27 Cryptocurrencies | 44 Forex; 7 Metals; 16 Indices; 11 Commodities; 2 Bonds; 427 Stocks; 19 ETF; 27 Cryptocurrencies | 28 Forex; 7 Metals; 16 Indices; 11 Commodities; 2 Bonds; 427 Stocks; 19 ETF; 27 Cryptocurrencies | 42 Forex; 7 Metals; 16 Indices; 11 Commodities; 2 Bonds; 19 Cryptocurrencies |
Negative balance protection | Yes | Yes | Yes | Yes |
Let’s explore into the unique features of our account types:
The AMarkets Standard Account
The Standard Account is an ideal choice for both beginners and seasoned traders. This account type boasts a floating spread and no transaction fees for metals and currencies, providing the advantages of a professional ECN account. You can enjoy both Instant and Market execution, optimizing your trading strategies to adapt to market volatility.
Open AMarkets Standard Account
The AMarkets ECN Account
The ECN account, characterized by its high-speed execution, is perfect for traders who wish to trade directly with the market’s liquidity providers. With this account, each order is executed directly at the Prime broker, ensuring real-time trades and a seamless trading experience. The ECN account allows instant execution of orders of any size, catering to traders who want to trade large volumes or employ scalping strategies.
The AMarkets Fixed Account
The Fixed Account offers stability with its key feature of a fixed spread. This account is a classic choice for traders who prefer to know their trading costs upfront, without any surprises. It is particularly suited for position trading where traders aim to benefit from the long-term trend of an asset rather than from short-term market fluctuations.
The AMarkets Crypto Account
The Crypto account allows trading in MBT (1 MBT = 0.001 BTC) with trading conditions similar to the Standard Account. This account is especially suitable for traders looking to benefit from the volatile crypto market. The Crypto account offers a floating spread and requires no commission for currency pairs and metals, making it a cost-effective choice for digital currency traders.
The AMarkets Islamic Account (Swap-Free)
In alignment with our mission to cater to a diverse client base, AMarkets offers an Islamic account for our clients following Sharia law. Our Islamic account features no swap charges and additional fees. This ensures that the trading process is entirely in line with Islamic principles. To open an Islamic account, register a Standard, Fixed or ECN account, get verified, and request the activation of the Islamic option.
Open AMarkets Swap-Free Account
MetaTrader4 vs. MetaTrader5: Choosing Your Trading Platform
As your trading partner, AMarkets offers you the choice of trading on either MetaTrader4 (MT4) or MetaTrader5 (MT5). Both platforms have unique features and are designed to enhance your trading experience. MT4 has been a market favorite for over a decade, while MT5 brings new advanced features and functionality.
MT5, unlike MT4, has the Depth of Market (DOM) feature that displays the price of a trading instrument alongside the trading volume, providing more in-depth market insights. It also includes an economic calendar, an expanded list of technical analysis tools, and a larger set of built-in indicators. However, it’s essential to note that MT4 advisors are not compatible with MT5, and the new version does not allow hedging or locking of positions.
Copy Trading Service for Investors
To make your trading journey even more profitable and hassle-free, AMarkets offers a copy trading service. This service allows you to replicate the trades of experienced traders, helping you earn profit without needing extensive trading knowledge. You maintain full control over your funds and can set your optimal loss limit, all while enjoying a user-friendly platform.
Start Copy Trading with AMarkets
Trust in AMarkets
With over 14 years in the market, AMarkets has carved its niche as a trusted partner for traders worldwide. AMarkets strives to provide high-quality services and comprehensive support to our clients and partners. Through the use of advanced technology, AMarkets ensures a superior trading experience and constant innovation.
AMarkets is a proud member of The Financial Commission, which settles disputes between financial market participants. AMarkets also prioritizes the safety of our clients’ funds by keeping them separate from the company’s operating accounts and diversifying our assets among reliable global banks.
Join the ranks of more than 1,000,000 satisfied clients worldwide who trust in the excellence and reliability of AMarkets for their trading needs. Step into the world of trading with confidence, backed by a platform that puts your interests first.