AMarkets broker Accounts

amarkets Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: amarkets Account Types Overview

amarkets Account Types Explained

Amarkets offers several account types tailored to different trading strategies and preferences. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.3 pips; no commission.
• Leverage Options: Up to 1:3000.
• Key Features: Suitable for beginners, access to all trading instruments.
• Target User Profile: Ideal for novice traders.
• Trading Instruments Available: Forex, commodities, indices, stocks, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: $200
• Spread/Commission Structure: Variable spreads starting from 0.0 pips; commission of $3 per lot.
• Leverage Options: Up to 1:500.
• Key Features: Direct market access, low latency, and better pricing.
• Target User Profile: Suitable for experienced traders.
• Trading Instruments Available: Forex, commodities, indices, stocks, and cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Variable spreads starting from 0.1 pips; commission of $2 per lot.
• Leverage Options: Up to 1:3000.
• Key Features: Advanced trading tools, lower spreads, and commissions.
• Target User Profile: Advanced traders and professionals.
• Trading Instruments Available: Forex, commodities, indices, stocks, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard account; no swap fees.
• Leverage Options: Up to 1:3000.
• Key Features: Complies with Sharia law; no interest charges.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex, commodities, indices, stocks, and cryptocurrencies.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Similar to Standard account; no real commissions.
• Leverage Options: Up to 1:3000.
• Key Features: Practice trading without risk, access to all trading instruments.
• Target User Profile: Beginners and traders wanting to test strategies.
• Trading Instruments Available: Forex, commodities, indices, stocks, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: amarkets Account Features Comparison

Detailed amarkets Account Features

Heres a comparison of features across different account types:

• Minimum Deposit:

• Standard: $100

• ECN: $200

• Pro: $500

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:3000

• ECN: 1:500

• Pro: 1:3000

• Islamic: 1:3000

• Demo: 1:3000

• Spreads (Typical/Minimum):

• Standard: 1.3 pips

• ECN: 0.0 pips

• Pro: 0.1 pips

• Islamic: Similar to Standard

• Demo: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: 1 lot

• ECN: 1 lot

• Pro: 1 lot

• Islamic: 1 lot

• Demo: 1 lot

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual funds for practice, access to all instruments, and trading conditions similar to live accounts.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commissions

• Suitable for beginners

• ECN Account:

• Tight spreads

• Direct market access

• Fast execution

• Pro Account:

• Lower commission fees

• Advanced trading tools

• Suitable for professional traders

• Islamic Account:

• Complies with Sharia law

• No interest charges

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading

• Practice strategies

• Familiarize with the platform

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Higher minimum deposit

• Commission fees apply

• Islamic Account:

• Limited to Muslim traders

• May have restrictions on certain instruments

• Demo Account:

• No real profits

• Limited duration for practice

Part 3: amarkets Account Opening Requirements

amarkets Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; however, specific regions may be restricted.
• Prohibited Countries: Countries under sanctions or restrictions may not be eligible (specific countries not listed).

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, national ID card).
• Proof of Residence: Utility bill, bank statement, or any official document showing your name and address.

Additional Documentation for Professional Accounts

• May require additional financial documents or proof of trading experience.

KYC/AML Compliance Procedures

• Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is mandatory. This includes identity verification and proof of residence.

Verification Time Frames

• Account verification typically takes up to 24 hours, depending on the completeness of the submitted documents.

Part 4: amarkets Account Opening Process

Step-by-Step amarkets Account Opening Guide

1. Visit Website and Click Registration: Go to the official amarkets website and click on the registration button.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type that suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into your account using one of the available payment methods.
8. Start Trading: Once your account is funded, you can start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with minor interface differences.

Common Registration Issues and Solutions

• Document Rejection: Ensure documents are clear and meet the requirements.
• Email Verification Issues: Check spam/junk folders if the verification email is not received.

Average Account Approval Time

• Typically, account approval takes up to 24 hours.

How to Upgrade/Downgrade Account Types

• Contact customer support for assistance in changing your account type.

Part 5: amarkets Demo Account Information

amarkets Demo Account Guide

Demo Account Features and Benefits

• Offers a risk-free environment for practice trading.
• Access to all trading instruments available in live accounts.
• Allows traders to test strategies without financial risk.

How to Open a Demo Account

• A demo account is automatically created upon registration. You can access it through your personal area.

Demo Account Limitations

• Limited to virtual funds; cannot be used for real trading.

Virtual Balance Amount

• The demo account typically comes with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts do not involve real money and are used for practice only.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a certain period of inactivity, usually 30 days.

Part 6: amarkets Islamic Account Details

amarkets Islamic Account Details

Swap-Free/Islamic Account Availability

• Amarkets offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading option.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

How to Apply for Islamic Account

• Select the Islamic account option during the account registration process.

Restrictions or Special Conditions

• Islamic accounts may have specific conditions regarding trading instruments and leverage.

FAQs – amarkets Account Types & Opening

1. What account types does amarkets offer？

• Amarkets offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $200, Pro: $500, Islamic: $100, Demo: N/A.

1. How long does amarkets account verification take？

• Verification typically takes up to 24 hours.

1. Does amarkets offer demo accounts？

• Yes, amarkets provides demo accounts for practice trading.

1. Can I have multiple account types with amarkets？

• Yes, you can have multiple account types.

1. Does amarkets offer Islamic/swap-free accounts？

• Yes, amarkets offers Islamic accounts that comply with Sharia law.

1. What documents do I need to open a amarkets account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.