Broker Review · last checked July 2, 2026
Amarkets Review
This Amarkets Review examines a broker operating through entities in Mwali (Comoros), the Cook Islands, and Saint Vincent and the Grenadines. It offers MT4 and MT5, a $100 Standard-account minimum deposit, and Financial Commission membership with a compensation fund. Confirm the applicable entity, jurisdiction and withdrawal rules before funding an account.
- Regulators listed: Mwali International Services Authority (MlSA), Cook Islands registry / Financial Supervisory Commission (as described by broker), Saint Vincent and the Grenadines registry / Financial Services Authority (as described by broker)
- Platforms: MetaTrader 4, MetaTrader 5
- $100 for Standard accounts; $200 for ECN and Zero accounts (broker-stated)
In brief
Our AMarkets review verdict
This Amarkets Review examines a broker operating through entities in Mwali (Comoros), the Cook Islands, and Saint Vincent and the Grenadines. It offers MT4 and MT5, a $100 Standard-account minimum deposit, and Financial Commission membership with a compensation fund.
- 01Regulators
- Mwali International Services Authority (MlSA), Cook Islands registry / Financial Supervisory Commission (as...
- 02Trading platform
- MetaTrader 4, MetaTrader 5, AMarkets app, WebTrader / mobile and desktop access mentioned in broker materials
- 03Entry cost
- $100 for Standard accounts; $200 for ECN and Zero accounts (broker-stated)
- 04Main limitation
- Not a fit if you need FCA/ASIC-style top-tier oversight
Key facts about Amarkets
The legal entity, local rules and available account terms may change with the client's country.
- ✓AMarkets says AMarkets LTD is licensed in Mwali (Comoros) under license number T2023284 and supervised by MlSA.
- ✓AMarkets says it also has registered entities in the Cook Islands and Saint Vincent and the Grenadines.
- ✓AMarkets says it is a member of the Financial Commission with a compensation fund up to €20,000 per claim.
Who this broker suits
- Traders who want MT4/MT5 access
- Users who value a clearly stated minimum deposit
- Readers who are comfortable with offshore-entity verification and higher due-diligence needs
- You need FCA/ASIC-style top-tier oversight
- You want strong, straightforward investor-protection signaling
- You do not want to verify entity, jurisdiction, and withdrawal rules before depositing
Key facts
| Topic | Details |
|---|---|
| Minimum first deposit | $100 for Standard; $200 for ECN and Zero |
| Main platforms | MetaTrader 4 and MetaTrader 5 |
| Mobile access | AMarkets app plus MT4/MT5 mobile options |
| Execution / quality claims | Broker says execution quality is confirmed by Verify My Trade |
| Withdrawal controls | Withdrawals must match verified, account-name payment methods; third-party withdrawals are not allowed |
Fees and conditions can vary by account type, payment rail, and legal entity.
Amarkets Review: offshore entities and trading access
Amarkets appears to be an established broker brand with published product and funding information, but its regulatory arrangement does not provide top-tier supervision. The broker states that AMarkets LTD holds Mwali (Comoros) licence T2023284 and lists entities in the Cook Islands and Saint Vincent and the Grenadines. It is a Financial Commission member, with compensation of up to €20,000 per claim. This may help in some circumstances, but does not replace strong investor protection. Amarkets may suit traders who understand offshore risks and want MT4 and MT5 access; country restrictions and withdrawal procedures warrant careful checks before funding.
AMarkets LTD, Mwali licence and group structure
The AMarkets brand operates through a group of companies. Its regulation page states that AMarkets LTD is licensed in Mwali (Comoros) under licence T2023284 and supervised by the Mwali International Services Authority. It also names AMarkets LLC in the Cook Islands and AMarkets LTD in Saint Vincent and the Grenadines. Financial Commission membership includes a compensation fund of up to €20,000 per claim. These are broker disclosures and should be checked against official registers where possible.
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Details |
|---|---|---|---|
| AMarkets LTD (Mwali/Comoros) | Registered/licensed offshore entity | AMarkets legal pages | License T2023284; supervised by Mwali International Services Authority, per AMarkets regulation page. |
| AMarkets LLC (Cook Islands) | Registered offshore entity | AMarkets legal pages | Registration LLC14486/2023; FSC registry referenced on AMarkets regulation page. |
| AMarkets LTD (Saint Vincent and the Grenadines) | Registered offshore entity | AMarkets legal pages | Registration 22567 BC 2015; SVG FSA registry referenced on AMarkets regulation page. |
| AMarkets — Financial Commission membership | Member of external dispute body | Financial Commission member page | Active since 01.09.2013; compensation fund up to €20,000 per complaint. |
| AMarkets brand website | Broker website / support centre | Official website | Consumer-facing site and legal/regulation pages reviewed. |
Offshore registrations/memberships are not equivalent to top-tier investor protection.
Standard, ECN and Zero accounts on MT4 and MT5
Public AMarkets information identifies Standard, ECN and Zero as its primary account types. The homepage gives minimum deposits of $100 for Standard and $200 for ECN and Zero accounts. Published spreads start from 1.3 pips on Standard, 0.2 on ECN and zero on Zero, while commissions apply to ECN and Zero. AMarkets provides MT4 and MT5 through web, desktop and mobile access. MT4 is available through WebTrader, Windows, mobile devices and APK downloads.
Withdrawal conditions and verification at Amarkets
AMarkets support pages state that deposits and withdrawals are handled through the client area, and that withdrawal methods must be in the client’s name. Every deposit method requires verification before withdrawals are permitted. The first deposit minimum is $100 for Standard accounts and $200 for ECN and Zero. Third-party withdrawals are prohibited. Although such controls are standard, traders should test the process with a small amount first and retain detailed records of transactions, verification and support interactions.
Client availability is unclear across jurisdictions
Although Amarkets markets internationally, a straightforward, complete list of accepted countries remains unclear. Client availability should not be assumed. Before opening an account, check whether your country, tax residency and local rules permit trading with the relevant AMarkets legal entity. Broker brands can market broadly while restricting onboarding by jurisdiction, product or payment method.
Stronger regulated options alongside Amarkets
Traders seeking stronger regulatory oversight may wish to consider brokers regulated by well-known authorities in their jurisdiction. The appropriate choice depends on location, trading instruments and the need for investor compensation, negative balance protection or local dispute mechanisms. Broker comparison and methodology pages can help weigh regulation, costs and funding options side by side.
Five checks before funding an Amarkets account
Before funding an Amarkets account, confirm five points: the legal entity named in the agreement; whether your country is accepted; the withdrawal method you intend to use; any fees or inactivity rules; and whether you expect to use MT4, MT5 or the broker app. Where a point remains unclear, seek written confirmation from support and retain it.
Alternatives to AMarkets
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
| 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | XTB review | |
| 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Capital.com review | |
| 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Colmex Pro review | |
| 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | CMC Markets review | |
| 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Interactive Brokers review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
Common questions
Is Amarkets safe?
Amarkets lacks top-tier regulatory backing based on the public information reviewed. It claims licensing in Mwali and registrations in other offshore jurisdictions, plus Financial Commission membership. This may suffice for some experienced traders but doesn’t offer the investor protection of major regulators.
What is the minimum deposit at Amarkets?
AMarkets publicly states minimum deposits of $100 for Standard accounts and $200 for ECN and Zero accounts.
Which platforms does Amarkets offer?
AMarkets provides MetaTrader 4 and MetaTrader 5 platforms. Its MT4 offering includes WebTrader plus desktop and mobile versions.
Does Amarkets allow withdrawals to third-party accounts?
No. Withdrawal methods must be in the client’s name; third-party withdrawals are prohibited.
Does Amarkets charge deposits or withdrawals fees?
The broker states it covers deposit fees entirely, but fees may vary depending on the payment method and your bank or payment provider. Confirm the details before depositing.
Is Amarkets regulated by a major financial authority?
No. Public sources show registrations in Mwali, the Cook Islands, and Saint Vincent and the Grenadines, plus Financial Commission membership. These do not equate to FCA, ASIC, or other top-tier regulation.
Should I open an account with Amarkets?
Only after you confirm the exact entity, your country’s eligibility, payment methods, and withdrawal terms. If you want stronger regulatory protection, consider alternatives in your jurisdiction before funding an account.
Sources for this broker review
Use these records to recheck the legal entity, account terms and current product details before opening an account.