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Rating Index
Pros
Wide range of trading instruments available, including forex, commodities, and indices.
User-friendly trading platform options, including popular choices like MetaTrader 4 and 5.
Competitive trading conditions with low spreads and commission-free trading.
Cons
Lack of regulation, which raises concerns about the safety of funds.
No local presence or customer support in Nigeria, making it difficult for Nigerian traders to get assistance.
Limited account options, including the absence of a Nigerian Naira account, which may incur currency conversion fees.
NG markets broker Accounts
AMarkets Account Type
AMarkets offers four different types of trading accounts tailored to various trading needs: Standard, ECN, Fixed, and Zero. Each account type has specific features:
- Standard Account
- Minimum Deposit: $100
- Leverage: Up to 1:3000
- Order Volume: From 0.01 lots
- Spread: Floating from 1.3 pips
- Commission: None
- Stop Out Level: 20%
- Account Currency: USD
- ECN Account
- Minimum Deposit: $200
- Leverage: Up to 1:3000
- Order Volume: From 0.01 lots
- Spread: Floating from 0.2 pips
- Commission: $2.5 per 1 lot per side
- Stop Out Level: 40%
- Account Currency: USD
- Fixed Account
- Minimum Deposit: $100
- Leverage: Up to 1:3000
- Order Volume: From 0.01 lots
- Spread: Fixed from 3 pips
- Commission: None
- Stop Out Level: 20%
- Account Currency: USD
- Zero Account
- Minimum Deposit: $200
- Leverage: Up to 1:3000
- Order Volume: From 0.01 lots
- Spread: Floating from 0 pips
- Commission: From $0.01 per side
- Stop Out Level: 40%
- Account Currency: USD
- Visit the Website: Go to the official AMarkets website.
- Select Account Type: Choose the account type that suits your trading needs.
- Fill Registration Form: Complete the registration form with your personal details.
- Verify Identity: Provide necessary identification documents for verification.
- Fund Your Account: Deposit the minimum required amount based on the chosen account type.
- Start Trading: Once your account is funded and verified, you can begin trading.
For more details, you can visit AMarkets.
AMarkets Broker Account Opening Process
To open an account with AMarkets, follow these steps:
The process is straightforward and typically takes a short time to complete.
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