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Amiran forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc

Rating Index

Pros

User-friendly trading platforms (MT4/MT5) that cater to both beginners and experienced traders.
Offers a variety of trading instruments, allowing diversification in trading strategies.
Provides access to educational resources and market analysis to support traders in making informed decisions.

Cons

Lacks regulatory supervision, raising concerns about the safety of funds and transparency.
Low overall score (1.38/10) indicates potential issues with customer satisfaction and service quality.
Negative equity protection may not be available, exposing traders to significant losses in volatile market conditions.

Amiran Broker Trade

Amiran Trade: A Comprehensive Review of the Forex Broker

The forex market is the largest and most liquid financial market globally, with trillions of dollars traded daily. Among the numerous brokers facilitating this trading, Amiran Trade has emerged as a notable player since its inception. This review aims to provide insights into Amiran Trades offerings, trading conditions, and overall market position.

In this article, we will address three core questions:

  • What are the trading conditions and offerings of Amiran Trade?
  • How does the trading platform and product range compare to industry standards?
  • What are the advantages and disadvantages of using Amiran Trade?
  • Broker Overview and Trading Conditions

    Established Regulatory Authority Headquarters Minimum Deposit Leverage Ratio Average Spread
    2021 None Israel $100 Up to 1:500 1.5 pips

    Amiran Trade, founded in 2021, operates without a regulatory license, which raises concerns about its credibility. The broker is headquartered in Israel and offers competitive trading conditions, including a minimum deposit of $100 and a leverage ratio of up to 1:500, appealing to both novice and experienced traders. The average spread of 1.5 pips is relatively competitive compared to industry standards, where many brokers offer spreads below 1 pip for major currency pairs.

    However, the lack of regulation is a significant drawback, as traders typically prefer brokers that are overseen by reputable regulatory bodies, ensuring a level of security and compliance. In comparison to other brokers in the market, Amiran Trade's trading conditions are attractive but come with inherent risks due to the absence of regulatory oversight.

    Trading Platform and Product Analysis

    Amiran Trade supports the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their user-friendly interfaces and extensive functionalities. These platforms are equipped with advanced charting tools, automated trading capabilities, and a variety of technical indicators, making them suitable for traders of all levels.

    Available Currency Pairs and Features

    Currency Pair Category Number Offered Minimum Spread Trading Hours Commission Structure
    Major Currency Pairs 30 1.0 pips 24/5 No commission
    Minor Currency Pairs 20 1.5 pips 24/5 No commission
    Exotic Currency Pairs 10 3.0 pips 24/5 No commission

    Amiran Trade offers a total of 60 currency pairs, including 30 major pairs, 20 minor pairs, and 10 exotic pairs. The minimum spread for major pairs starts at 1.0 pips, which is competitive, while minor pairs have a spread of 1.5 pips. Exotic pairs, however, have wider spreads, starting at 3.0 pips, reflecting the higher volatility and lower liquidity of these currencies.

    Execution speed is generally favorable on the MT4 and MT5 platforms, with many users reporting minimal slippage during high-volatility periods. However, it is essential to note that execution speed can vary based on market conditions and liquidity.

    Advantages, Disadvantages, and Safety Assessment

    Advantages

    • High Leverage: Amiran Trade offers leverage up to 1:500, allowing traders to control larger positions with a relatively small capital outlay.
    • User-Friendly Platforms: The availability of MT4 and MT5 provides traders with advanced tools for analysis and automated trading.
    • Competitive Spreads: The average spread of 1.5 pips for major pairs is competitive compared to many brokers in the industry.
    • Disadvantages

      • Lack of Regulation: Amiran Trade operates without a regulatory license, which poses significant risks for traders regarding fund security and broker accountability.
      • Limited Customer Support: Users have reported slow response times from customer support, which can be frustrating during critical trading moments.
      • In terms of safety, Amiran Trade does not offer negative balance protection, which could expose traders to the risk of losing more than their initial investment. It is crucial for traders to exercise caution and implement risk management strategies when trading with unregulated brokers.

        Practical Strategy and Summary Recommendations

        One effective trading strategy suitable for Amiran Trades platform is the "Breakout Trading Strategy." This strategy involves identifying key support and resistance levels on the MT4 or MT5 platforms and placing trades when the price breaks through these levels. Traders can set stop-loss orders just below the breakout point to minimize potential losses while allowing for profit-taking on favorable price movements.

        In summary, Amiran Trade presents a mix of competitive trading conditions and advanced trading platforms. However, the lack of regulatory oversight and potential customer support issues may deter some traders. This broker may be suitable for experienced traders who are comfortable with higher risk levels and are looking for flexible trading conditions.

        FAQ

        • Is Amiran Trade regulated?

          No, Amiran Trade operates without regulatory oversight, which poses risks for traders.

        • What trading platforms does Amiran Trade offer?

          Amiran Trade supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their user-friendly interfaces and advanced features.

        • What is the minimum deposit required to start trading?

          The minimum deposit required to open an account with Amiran Trade is $100.

        • Risk Warning

          Forex trading involves significant risk and may not be suitable for all investors. You may lose more than your initial investment. It is crucial to understand the risks involved and trade responsibly.

Amiran trade