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AM Markets, a forex and CFD brokerage, was established on October 26, 2019. The company aims to provide a diverse range of financial trading services to clients globally, although it has faced scrutiny regarding its legitimacy and regulatory compliance.
AM Markets operates under the parent company Advanced Management Capital Limited. The ownership structure is not extensively detailed, which raises questions about transparency within the organization.
The company claims to have its headquarters in Belarus, but there are conflicting reports about its actual location, with some sources indicating a presence in Canada. This ambiguity may create uncertainty for potential clients regarding the company's operational base.
AM Markets offers its trading services to clients across multiple countries, with a focus on the forex and CFD markets. However, it does not accept clients from certain regions, such as Israel and the Islamic Republic of Iran.
AM Markets is regulated by the National Bank of the Republic of Belarus (NBRB), which provides it with a retail forex license (license number: 193583860). However, the NBRB is not regarded as a leading regulatory authority in the financial sector, which may raise concerns among potential traders.
Since its founding, AM Markets has focused on establishing itself in the competitive forex and CFD brokerage landscape. Key milestones include the acquisition of its regulatory license and the launch of its trading platform.
AM Markets has aimed to expand its business by offering a variety of trading instruments and account types. However, its growth has been hampered by negative reviews and complaints regarding withdrawal issues, which could deter potential clients.
While specific statistics on customer base growth are not publicly available, the company has reportedly served clients from over 73 countries. The potential for growth remains contingent on improving its reputation and addressing client concerns.
AM Markets utilizes the popular MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and advanced trading capabilities. The brokerage has focused on providing a stable trading environment, but there are concerns about limited educational resources for traders.
To date, AM Markets has not received any notable awards or recognitions that would enhance its credibility in the industry. The absence of such accolades may impact its competitive positioning.
AM Markets provides access to a variety of currency pairs, allowing traders to engage in forex trading. The specific number of currency pairs offered is not clearly stated, but it includes major pairs like EUR/USD and GBP/USD.
Currently, AM Markets does not prominently feature stock trading options as part of its offerings. Instead, it focuses on forex and CFDs.
The brokerage offers a range of CFD products, including commodities, indices, and precious metals. This allows traders to diversify their portfolios and take advantage of market movements across different asset classes.
In addition to forex and CFDs, AM Markets provides access to cryptocurrencies and energy products. The inclusion of digital currencies may appeal to a broader audience of traders.
AM Markets touts competitive spreads starting from 0.1 pips and no commission on trades, which could be attractive to cost-sensitive traders. Additionally, the platform supports automated trading through Expert Advisors (EAs), enhancing trading flexibility.
AM Markets is regulated by the NBRB in Belarus. However, it is important to note that the NBRB is not considered a robust regulatory authority compared to other global financial regulators.
AM Markets operates under the legal entity Advanced Management Capital Limited. The lack of transparency regarding its legal structure may raise concerns among potential clients.
The brokerage does not provide extensive information on client fund protection measures. This lack of clarity could be a significant drawback for traders concerned about the safety of their investments.
AM Markets serves clients in various countries but restricts access to residents of certain regions, including those in conflict zones and specific jurisdictions like Israel and Iran.
AM Markets has faced numerous complaints regarding withdrawal issues and transparency. Negative reviews highlight difficulties experienced by clients when attempting to withdraw their funds, raising questions about the brokerage's compliance with best practices.
AM Markets competes with several other brokers in the forex and CFD market, including:
AM Markets positions itself as a low-cost broker with no commission fees and competitive spreads. However, its reputation has been marred by withdrawal issues and regulatory concerns, which can hinder its competitiveness.
AM Markets differentiates itself through its use of the MT4 platform and the promise of low trading costs. However, its lack of transparency and negative client feedback may overshadow these advantages.
AM Markets presents itself as a forex and CFD brokerage with a range of trading options and competitive pricing. However, potential clients should exercise caution due to concerns regarding regulatory oversight, withdrawal issues, and the company's overall transparency. It is essential for traders to conduct thorough research and consider alternative brokers before committing their funds.
For more information, you can [learn more] about AM Markets and its offerings.