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Pros

Wide range of trading products, including various currency pairs, CFDs, metals, and cryptocurrencies.
Low spreads on most currency pairs, which helps minimize transaction costs for traders.
User-friendly platform with a demo account available for beginners to practice trading.

Cons

Limited information available about the broker, raising concerns about its reputation and reliability.
Some negative reviews regarding withdrawal issues, indicating potential challenges for clients when accessing their funds.
As a newer broker, there may be uncertainties regarding its long-term stability and trustworthiness in the market.

AMS broker Accounts

AM Broker Account Types

AM Broker offers three different account types tailored to meet the diverse needs of traders. These account types include:

  • Retail Account
    • Minimum Deposit: $100
    • Execution Type: STP (Straight Through Processing)
    • Trading Instruments: Forex and CFDs on indices, commodities, shares, and ETFs.
    • Spreads: Starting from 0.6 pips.
    • Commissions: No commissions on forex, indices, or commodities; $0.01 per share and ETF.
    • Leverage: Up to 1:500.
    • Stop Out Level: 50%.
    • Islamic Account Option: Yes, this account can be converted to an Islamic account.
    • Professional Account
      • Minimum Deposit: $1,000
      • Execution Type: ECN (Electronic Communication Network)
      • Trading Instruments: Forex and CFDs on indices and commodities.
      • Spreads: Starting from 0.0 pips.
      • Commissions: $3 per lot on indices, $7 per lot on commodities and forex.
      • Leverage: Up to 1:500.
      • Stop Out Level: 50%.
      • Islamic Account Option: Yes, this account can be converted to an Islamic account.
      • Additional Feature: Free trial of 14 days on EA Builder.
      • Institutional Account
        • Minimum Deposit: R$100,000.
        • Execution Type: Direct Market Access.
        • Features: Negotiated individually between the trader and AM Broker.
        • Islamic Account Option: Yes, this account can be converted to an Islamic account.

        AM Broker Account Opening Process

        To open an account with AM Broker, follow these steps:

        • Visit the AM Broker Website: Navigate to the official AM Broker website.
        • Choose Account Type: Select the account type you wish to open (Retail, Professional, or Institutional).
        • Complete the Registration Form: Fill out the required information, including personal details and financial information.
        • Minimum Deposit: Ensure you meet the minimum deposit requirement for the selected account type ($100 for Retail, $1,000 for Professional, and R$100,000 for Institutional).
        • Submit Documents: Provide any necessary identification and verification documents as required by the broker.
        • Account Activation: After submission, your account will typically be activated within 24 hours.
        • Start Trading: Once your account is activated, you can download MetaTrader 5 and begin trading.
        • For more details, visit AM Broker Account Types.

AMS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
AMS Account