AM Markets

In this AM Markets review, we examine the provider's regulatory standing, trading conditions, and underlying account costs. This independent analysis will help you determine: is AM Markets a good broker for your personal trading goals?

Is AM Markets Legit and Safe?

AM Markets operates as a registered broker regulated in offshore jurisdictions like Comoros and the Cook Islands, but it does not hold licenses from any top-tier financial authorities.

What Is AM Markets? Company Background

Established in 2007, AM Markets—often searched under terms like amarkets review—is an international online brokerage that provides multi-asset trading solutions to retail and corporate clients worldwide. Over its nearly two decades of operation, the company has expanded its footprint across regions including Latin America, Asia, and the CIS, building up an active user base of over 500,000 traders. By offering a direct path to global financial markets with ultra-high leverage and robust platform stability, AM Markets positions itself as an accessible gateway for modern traders. Clients can quickly register via the main portal, complete their amarkets login, and start trading after meeting the required amarkets minimum deposit.

AM Markets Regulation

AM Markets is overseen by the Mwali International Services Authority and the Cook Islands Financial Supervisory Commission. These regulatory bodies are classified as offshore tier-4 authorities, which offer less stringent oversight compared to major global watchdogs. Traders can check the official [Financial Supervisory Commission official] website to verify registration records. You can check Financial Supervisory Commission official to verify AM Markets's registration by searching license number LLC14486/2023.

The following table compares the registered entities of AM Markets, highlighting their registration details, license numbers, and corresponding investor protection.

The key takeaway is that because AM Markets operates through offshore registries and tier-4 regulatory frameworks, client protections are primarily driven by voluntary industry memberships rather than strict, government-mandated compensation schemes.

Which AM Markets Entity Serves Your Region?

When traders register with AM Markets, they are onboarded under one of its offshore entities depending on their regional location, which significantly impacts their trading conditions. Unlike top-tier regulated brokers that strictly separate services based on geography (such as FCA-regulated or ASIC-regulated entities), AM Markets handles regional onboarding under a unified offshore framework. Onboarding under Comoros MISA or Cook Islands FSC allows traders to access maximum leverage of up to 1:3000 and simplified KYC verification procedures, contrasting with the slower onboarding times and low leverage limits (typically capped at 1:30) found under strict tier-1 regulators. However, this ease of access comes at the expense of statutory investor protection funds, meaning traders have no governmental backup if the broker faces insolvency.

Restricted Countries

Due to strict domestic laws and international financial compliance regulations, AM Markets cannot accept clients from several jurisdictions. The broker is restricted from providing services to citizens and residents of the United States, Canada, Japan, the United Kingdom, and member countries of the European Union. Additionally, localized restrictions apply to citizens of high-risk or prohibited regions, including American Samoa, Angola, Afghanistan, Burundi, and the Central African Republic. If you reside in any of these territories, local regulatory limitations will prevent you from successfully passing the identity check or opening a live trading account.

Client Fund Protection

To bolster safety in the absence of traditional regulatory insurance, AM Markets utilizes segregated bank accounts and external oversight to safeguard client funds. All capital deposited by retail clients is kept strictly separated from the broker’s operational funds in tier-1 banking institutions, preventing the company from using trader money for its corporate expenses or hedging activities. Furthermore, the broker maintains active membership in the Financial Commission, an independent external dispute resolution (EDR) organization. This membership provides an added layer of financial protection, insuring eligible retail clients with a compensation fund of up to €20,000 per claim. AM Markets also submits 5,000 executed trades every month to Verify My Trade (VMT) for a third-party audit, verifying that execution speeds and price matching continuously align with first-tier liquidity providers.

AM Markets User Reviews and Trustpilot Rating

AM Markets holds a Trustpilot rating of 4.1/5 based on 5 reviews, reflecting a generally positive but highly limited public sentiment. Checked as of June 2026, the overall customer rating is characterized by an extremely small sample size, which means the data should be interpreted with caution and may not represent the experience of the broader trading community.

When evaluating what clients and market researchers say about the broker, several recurring positive themes emerge:

• Favorable DMA Conditions: Users appreciate the direct market access (DMA) environment, which supports faster execution and more transparent market-based pricing.
• Tight Spreads: Some reviews praise the highly competitive spreads on major currency pairs, allowing active traders to lower their transaction overhead.
• Regulatory Peace of Mind: Clients value the platform's adherence to European ESMA rules via its Latvian license, providing segregated account structures and investor compensation safeguards.

In contrast, several critical points and recurring complaints have been flagged by the community:

• Extremely Small Review Sample: Many prospective traders consider the broker's very low count of verified customer reviews on Trustpilot to be a red flag for a company that has operated for over a decade.
• Prohibitive Entry Requirements: Smaller retail investors complain about the steep minimum deposit threshold, which typically starts around $2,000, locking out casual and beginner traders.
• Historical Regulatory Confusion: Some users express concern over historical alerts, noting that the UK’s Financial Conduct Authority (FCA) once flagged the broker as a potential clone in 2016, even though the firm maintains its authorized status under the Latvian FCMC.

Traders who want to verify these findings can [See AM Markets reviews on Trustpilot].

AM Markets Account Types

AM Markets offers a flexible range of commission-free and raw-spread accounts with a low minimum deposit of $100 and high leverage up to 1:3000, catering to both retail beginners and volume-driven scalpers.

AM Markets Account Types and Minimum Deposit Requirements

For traders looking to open a live account, the amarkets minimum deposit starts at just $100 for the Standard account, making it highly accessible for retail participants. This entry-level account type is completely commission-free on forex and metals, with variable spreads starting from 1.3 pips. In practice, the Standard account is ideal for beginner-to-intermediate traders who prefer a straightforward pricing structure without having to calculate separate trading commissions on each transaction. It operates on market execution and provides full access to the broker's suite of trading platforms and risk-management features.

For more experienced traders and algorithmic scalpers, the ECN account is a far more efficient choice. It requires an initial deposit of $200, features raw market spreads starting from 0.2 pips, and charges a low commission of $2.50 per lot per side ($5.00 round turn). This commission-to-spread trade-off means that while you pay a flat transactional cost, the ultra-tight interbank spreads significantly reduce the total cost of trading during high-liquidity market sessions. Like the Standard tier, the ECN account offers maximum leverage of up to 1:3000, enabling high capital efficiency, though traders must practice strict margin management to handle the volatility associated with such high leverage.

Additionally, the Zero account appeals to professional traders who execute precise entry and exit strategies around news events. Also requiring a minimum deposit of $200, the Zero account delivers flat, 0.0-pip spreads on major pairs up to 90% of the trading day. Instead of a spread, traders pay a higher, variable commission that starts at $5.00 to $11.00 per lot per side depending on the specific asset. This structure eliminates spread fluctuations, giving manual and automated traders highly predictable entry and exit pricing.

Does AM Markets Offer an Islamic Account?

Yes, AM Markets offers swap-free Islamic accounts to clients who adhere to Sharia law, allowing any of its live account types—Standard, ECN, or Zero—to be converted upon request. This option eliminates overnight rollover interest (swaps) entirely, replacing them with a flat administrative fee for positions held open beyond a specified number of days to ensure compliance with ethical religious principles.

AM Markets Fees and Trading Costs

AM Markets's pricing sits in the mid-range of the brokerage market, featuring tight raw spreads on its ECN tier while charging a standard round-turn commission of $5.00 per lot.

AM Markets Trading Fees (Spreads / Commission Fees / Swap and Overnight Fees)

Understanding the direct trading fees at AM Markets requires looking at the spreads, commissions, and swap profiles across its different account setups. The broker uses two distinct pricing models depending on the account you select: spread-inclusive and commission-plus-spread.

• Standard Account Costs: This account uses a pure spread-inclusive structure where the broker builds its compensation directly into the buy-sell quote. Standard spreads start from 1.3 pips on major currency pairs, which is an industry-average pricing tier that protects beginners from having to calculate separate transactional commission costs.
• ECN Account Costs: This tier uses a raw spread model starting from 0.2 pips on major pairs and applies a flat commission fee of $2.50 per standard lot per side ($5.00 per round turn). In practice, this represents a highly competitive structure for high-volume traders, as the total cost of trading (spread + commission) remains lower than the Standard account during high-liquidity market sessions.
• Zero Account Costs: The Zero account offers a raw spread of 0.0 pips for up to 90% of the trading day on 30 major instruments, but charges a higher, variable commission that ranges from $5.00 to $11.00 per lot per side. While the spread is virtually non-existent, the higher commission makes this account more suitable for specialized algorithmic traders rather than standard swing traders.
• Swap and Overnight Fees: Position and swing traders who hold trades overnight are subject to swap charges, which are calculated based on the interest rate differentials of the traded currencies plus a broker markup. A triple swap fee is applied on Wednesdays to account for the weekend rollover settlement. Swaps can be avoided entirely by converting your profile to an Islamic swap-free account.

AM Markets Non-Trading Fees (Inactivity Fees / Currency Conversion Fees)

Non-trading costs can quietly erode a trader's capital and should be factored into any long-term evaluation of the broker.

• Inactivity Fee: Accounts that remain completely dormant without any trading activity for more than six consecutive months are charged an inactivity fee of $10 (or currency equivalent) per month. This maintenance fee is deducted directly from the remaining account balance, though no fee is applied if the account balance is zero.
• Currency Conversion Fees: AM Markets supports four primary base account currencies, which are USD, EUR, GBP, and RUB. When you fund your account in a currency that differs from your account's base currency, the broker applies a standard currency conversion markup of approximately 0.25% to align the funds with your base currency.

AM Markets Deposits & Withdrawals (Deposit and Withdrawal Methods / Withdrawal Speed and Minimum Limits / Deposit and Withdrawal Fees / Withdrawal Issues and User Complaints)

AM Markets supports a highly flexible array of deposit and withdrawal channels, but transaction processing is subject to a strict proportional refund rule and payment gateway fees.

For account funding, traders can select from an expansive range of deposit methods, including bank credit and debit cards (Visa and Mastercard), electronic payment processors (Perfect Money, Neteller, FasaPay, Volet, and TopChange), regional bank transfers, and multiple cryptocurrency networks (Bitcoin, Ethereum, Litecoin, Binance Coin, USD Coin, and Tether on TRC20, ERC20, and BEP20 networks). AM Markets operates a 0% commission deposit policy, meaning the broker automatically reimburses and covers any transactional fees charged by credit card companies or online payment processors, resulting in full credit of your intended deposit amount. The minimum deposit limit is set at $100 for Standard accounts and $200 for ECN or Zero accounts, with most digital funding methods processing instantly.

When withdrawing funds, processing times and minimum limits vary based on your selected channel. Cryptocurrency and e-payment withdrawals are generally processed within 24 hours, while bank card payouts and local bank wires can take between one and three business days. The absolute minimum withdrawal amount is incredibly low, set at just $1 across most payment methods, though bank transfers require a higher threshold of $100. It is crucial to note that while AM Markets does not charge any internal withdrawal fees, the underlying payment systems do. For instance, credit card payouts incur a gateway commission of roughly 1.8%, while withdrawing Tether (USDT) or USD Coin typically carries a flat fee of $1 to $3 depending on the blockchain network used.

In terms of actual user complaints, traders on Trustpilot and other independent forums point out a few specific operational rules that can cause withdrawal delays. The broker enforces a strict "proportional withdrawal rule," which mandates that funds must be withdrawn to the exact payment methods and cards used to deposit, in the precise proportion of those original deposits. Furthermore, some users complain about verification bottlenecks; AM Markets requires every single card and wallet used for account funding to be fully verified with photos and statements before a withdrawal request can be approved, which can lead to unexpected delays for traders who fail to complete this due diligence beforehand.

AM Markets Trading Platforms, Conditions & Experience

AM Markets provides reliable trade execution speeds of 0.03 seconds through MT4, MT5, and its custom mobile application, though it operates exclusively under an offshore execution model.

Does AM Markets Support MT4, MT5 & Mobile Trading?

AM Markets supports both MetaTrader 4 and MetaTrader 5, complemented by its highly rated proprietary AMarkets mobile application for iOS and Android. This dual-platform strategy ensures that whether traders prefer industry-standard third-party systems or modern, on-the-go account management, they can find a compatible interface.

• MetaTrader 4 (MT4): This platform remains the top choice for retail forex traders who rely on custom Expert Advisors (EAs) and legacy indicators. It features 9 timeframes, 30 built-in technical indicators, and a highly customizable user interface.
• MetaTrader 5 (MT5): This upgraded terminal is optimized for multi-asset trading and offers enhanced backtesting capabilities. It expands on MT4 with 21 timeframes, 38 technical indicators, a built-in economic calendar, and native depth of market (DOM) pricing.
• AMarkets Mobile App: This custom application provides direct access to real-time market quotes, instant fund transfers, and copy trading oversight. It is available on the iOS App Store, Google Play Store, Samsung Galaxy Store, and via direct APK download for Android users.
• WebTrader Support: Both MT4 and MT5 can be launched directly via any major web browser, removing the requirement for software downloads.

What Can You Trade on AM Markets? (markets and instruments)

AM Markets offers more than 550 CFD instruments across seven asset classes, including forex, major global indices, and cryptocurrency CFDs. This diverse catalog allows retail participants to hedge their exposure across standard and non-traditional asset classes under a single trading account.

• Forex: 44 currency pairs, including major, minor, and exotic combinations.
• Precious Metals: 7 CFD instruments, including spot Gold (XAUUSD), Silver, and physical-backed Tether Gold (XAUT/USDT).
• Stocks: 400 global equity CFDs representing major multinational companies.
• Indices: 11 major global stock indices, including the S&P 500, Nasdaq 100, and DAX 40.
• Commodities: 10 CFD options, covering Brent Crude, WTI Crude Oil, Natural Gas, and various agricultural softs.
• Cryptocurrencies: 33 cryptocurrency CFDs, allowing traders to buy and sell Bitcoin, Ethereum, and major altcoins with high leverage.
• ETFs: 19 Exchange-Traded Fund CFDs for broad thematic exposure.

AM Markets Leverage, Margin & Order Execution

AM Markets delivers execution speeds averaging 0.03 seconds and provides high leverage up to 1:3000, which is subject to tiered scale limits and weekend margin adjustments. This lightning-fast order processing is achieved by utilizing No Dealing Desk (NDD) technology and placing trading servers in the same data centers as top-tier liquidity providers.

• Ultra-Fast Market Execution: Average processing speeds of 0.03 seconds ensure minimal slippage on market orders.
• Tiered Leverage Structure: While maximum leverage reaches up to 1:3000, the broker automatically scales leverage limits downward as account equity increases to prevent systemic liquidation risks.
• Pre-News Restrictions: To safeguard accounts against extreme gaps, maximum leverage on forex and metals positions opened within 15 minutes before and 10 minutes after major macroeconomic releases is capped at 1:200.
• Weekend Leverage Limits: Between Friday 22:00 and Monday 01:00 server time, maximum leverage is temporarily capped at 1:1000.
• Negative Balance Protection: This vital feature is fully enabled, guaranteeing that retail clients can never lose more capital than their initial account balance.

AM Markets Research Tools & Educational Resources

AM Markets provides a robust selection of analytical tools, including a built-in Autochartist scanner and its award-winning copy trading system. These resources are designed to help retail clients transition from basic charting to advanced, automated, or sentiment-driven trading methods.

• Autochartist Integration: This powerful market scanner identifies high-probability support, resistance, and chart patterns across 28 languages.
• Award-Winning Copy Trading: This social trading ecosystem, recognized as the "Best Copy Trading Broker" by the Traders Union, lets beginners replicate successful strategies and enables experienced traders to earn performance fees.
• Market Sentiment Indicator: This visual widget displays the current long-to-short ratio of active client positions, acting as a contrarian indicator during overextended market trends.
• Trading Ideas in Telegram: The broker manages an active Telegram analytics channel that sends daily, actionable technical setups directly to subscribers' smartphones.
• Demo Account Innovations: Traders can access a risk-free simulator to practice their setups, highlighted by popular promotional programs like the "am markets demo contest" (specifically the "Trade on Demo, Earn Real Cash" model) which allows users to convert paper-trading profits into real capital upon opening a live account.

How Good Is AM Markets Customer Support?

AM Markets offers 24/7 multilingual customer support through popular instant messaging channels, resolving client queries far faster than traditional email-only brokers. By prioritizing instant communication channels, the broker ensures that users facing payment or trade execution issues can receive assistance regardless of global time zones.

• Multilingual Coverage: Support is provided in over 15 languages, including English, Spanish, Portuguese, Hindi, Indonesian, Thai, and Arabic.
• Direct Instant Messaging: Help is accessible instantly via WhatsApp, Telegram, Viber, and live chat widgets directly within the AMarkets mobile app.
• Award-Winning Response Times: The broker's quick resolution times earned it the "Best Customer Service Asia" award at the 2024 International Business Magazine Awards.
• Email and Phone Support: Traditional email ticketing and direct phone numbers are available, though chat remains the most efficient resolution method.

Who Is AM Markets Best For?

AM Markets is best suited for high-leverage speculators and copy traders who prioritize capital efficiency over tier-1 regulatory protection.

Is AM Markets Good for High-Leverage Speculators?

Yes, AM Markets is highly suitable for high-leverage speculators who require aggressive capital efficiency to maximize their market exposure. With a maximum leverage ratio of up to 1:3000, the broker offers some of the highest leverage limits in the retail CFD space, allowing traders to control substantial positions with very small margin requirements. In practice, this setup benefits experienced intraday traders and news speculators who use small deposit amounts to capture short-term price movements. However, because leverage is automatically restricted during major news events and over the weekend, traders cannot rely on maximum leverage during these highly volatile periods.

Is AM Markets Good for Copy Traders?

Yes, AM Markets is an excellent choice for copy traders who want a seamless, fully integrated social trading environment. The platform's proprietary copy trading ecosystem allows passive investors to automatically mirror the strategies of seasoned "master traders" without needing deep technical knowledge. The broker's performance-fee model ensures that master traders are only compensated when they generate net profits, aligning the interests of both parties. For strategy providers, the system provides an excellent secondary revenue stream by allowing them to monetize their trading signals across a global user base.

Is AM Markets Good for Safety-First Investors?

No, AM Markets is not recommended for safety-first investors who prioritize strict governmental oversight and state-backed compensation funds. Because the broker operates exclusively under offshore entities registered in Comoros and the Cook Islands, it does not offer the rigorous regulatory protections provided by top-tier bodies like the FCA, ASIC, or CySEC. There is no state-mandated investor compensation scheme to guarantee deposits in the event of broker insolvency. While voluntary membership in the Financial Commission provides some mitigation up to €20,000, conservative investors who manage significant capital will likely find the lack of tier-1 licensing to be an unacceptable risk.

Best for: High-leverage intraday traders, copy trading investors, and retail participants with small account balances.
Less ideal for: Conservative long-term investors, institutional traders, and residents of tier-1 regulated jurisdictions (such as the UK, US, and EU).

Compare AM Markets with Other Popular Brokers

AM Markets stands out for its low entry requirements and high leverage, though competitors often provide stronger regulatory licensing and wider platform choices.

AM Markets vs RoboForex

The biggest difference between these two brokers lies in their minimum deposit thresholds and overall platform diversity. While AM Markets requires a $100 minimum deposit to begin trading on its Standard tier, RoboForex allows traders to open micro and standard accounts with as little as $10. Regarding platforms, the competitor offers a much broader array of interfaces, including cTrader and the proprietary R StocksTrader terminal; on the other hand, AM Markets focuses its resources on supporting MT4, MT5, and its custom app. Both brokers are regulated under offshore frameworks and provide high leverage, but the competitor holds a slight edge for stock traders who want access to thousands of real global equities.
Takeaway: AM Markets is the better choice for integrated copy trading; RoboForex suits ultra-low-budget traders and cTrader users more.

AM Markets vs Exness

The defining contrast between these brokers is the caliber of their regulatory oversight and structural client protections. Exness holds tier-1 licenses from highly respected watchdogs including the UK's FCA and Cyprus's CySEC, whereas AM Markets relies strictly on offshore authorities in Comoros and the Cook Islands. In terms of trading fees, AM Markets offers slightly cheaper transactional commissions on its ECN account ($5.00 round turn) than the competitor's raw spread account ($7.00 round turn). However, the competitor matches this by offering a more accessible minimum entry limit starting around $10 depending on the payment gateway, compared to the $100 required by AM Markets.
Takeaway: AM Markets is the better choice for cheap ECN commissions; Exness suits safety-conscious traders and high-volume professionals more.

AM Markets vs IC Markets

The main point of divergence here is the platform ecosystems and execution models, as well as the tier of regulatory safety. IC Markets provides direct institutional liquidity with integration for TradingView, cTrader, and MetaTrader, while AM Markets limits its execution strictly to the MetaTrader engine. The competitor is heavily overseen by Australia's ASIC and CySEC, ensuring robust client insurance and segregated bank safety; by contrast, AM Markets holds zero major licenses. For cost-conscious retail traders, AM Markets provides a lower financial barrier, requiring a $100 deposit on Standard accounts compared to the flat $200 entry point enforced by the competitor.
Takeaway: AM Markets is the better choice for low-budget traders looking for high leverage; IC Markets suits institutional-grade scalpers and TradingView chartists more.

AM Markets Broker Quick Verdict

AM Markets is a solid choice for high-leverage speculators and social copy traders, though its offshore regulatory framework lacks the statutory safety nets of tier-1 licensed brokers. Ultimately, as shown in this AM Markets review, the broker's appeal hinges on trading conditions like 1:3000 leverage and fast NDD execution, which must be carefully balanced against your risk tolerance.

Editorial Transparency: This AM Markets review is based on information from the official AM Markets website, current regulatory filings, and independent third-party sources such as Trustpilot. We cross-checked the broker's regulation and license details, account types, trading and non-trading fees, deposit and withdrawal terms, platforms, and real user feedback to ensure accuracy and objectivity. This content is for educational purposes only and does not constitute financial advice; trading CFDs carries a high risk of losing money. Last updated: June 2026.