AMarkets serves international clients through AMarkets LTD, licensed in Mwali (Comoros) by the MISA (T2023284), with further registrations in the Cook Islands and St Vincent. It has three accounts (Standard from $100, ECN and Zero from $200), leverage up to 3,000:1 below $1,000 equity, negative balance protection, and a 100% 'Double Your Starting Capital' credit bonus up to $10,000 for new Standard clients. It's a Financial Commission member. The licence is a light-touch offshore one.
- Costs3.4
- Trading conditions4.3
- Safety2.2
- Bonuses4.5
- Platforms and tools4.8
Best for Active traders who want cashback per lot
Pros
- High maximum leverage (3,000:1)
- Negative balance protection
- Low raw-account commission ($5 round turn)
- Deposit bonus available
Cons
- No financial licence, or a regulator warning
- Higher minimum deposit ($100)
- Max leverage
- 3,000:1
- Min deposit
- $100
- Bonus
- 100% deposit bonus
- Negative balance protection
- Yes
- Stop-out level
- 20%
- Platforms
- MT4 / MT5 / App
Facts checked 4 November 2026How we score
Compare AMarkets side by side with other brokers
AMarkets bonuses and promotions
| No-deposit bonus | None |
|---|---|
| Deposit bonus | 100% credit bonus for new Standard (MT4, USD) clients on deposits of $100+, up to $10,000; activated via support |
| Rebates and loyalty | Cashback programme: $3–17 per lot by status (Standard and Fixed accounts, $100+ deposit) |
| Other promotions | None |
Bonuses as published on each broker's official pages. Terms change by country and over time, so check the broker's site before you sign up. N/A means no published information was found. checked 2026-11-02.
AMarkets key facts
| Max leverage | 3,000:1 |
|---|---|
| Min deposit | $100 |
| Bonus | 100% credit bonus up to $10,000 for new Standard clients |
| Account types | 3 types |
| Platforms | MT4 / MT5 / App |
| Licence | Mwali |
| Bonus offered | ✓ |
| No-deposit bonus | None |
| Deposit bonus | 100% credit bonus for new Standard |
| Negative balance protection | ✓ |
| Stop-out level | 20% |
| USD/JPY spread | 1.6 pips |
| EUR/USD spread | 1.7 pips |
| EUR/USD spread (low-spread account, no commission) | No such account |
| Gold spread | 34 pips |
| USD/JPY spread (raw account) | 0.2 pips |
| EUR/USD spread (raw account) | 0.3 pips |
| Commission (per lot, round turn) | 5 |
| Withdrawal time | Requests handled within 24 hours |
| Deposit & withdrawal methods | Credit/debit cards, crypto and e-wallets |
| ECN account | ✓ |
| Cent account | ✗ |
| Scalping allowed | ✓ |
| EAs allowed | ✓ |
| Copy trading | ✓ |
| Swap-free | ✓ |
| Crypto CFDs | ✓ |
| Stock CFDs | ✓ |
| Local-language support | ✓ |
| Rebates and loyalty | Cashback programme: $3–17 per lot by status |
Verdict
AMarkets offers very high leverage (3,000:1 on small accounts), raw-spread accounts and a 100% deposit bonus. Its main company is licensed in Mwali (Comoros), one of the lightest offshore regimes. Its Financial Commission membership adds a dispute route and a compensation fund of up to €20,000 per claim.
Good for: bonus users with $100+ to deposit; traders who want very high leverage on small balances; ECN traders who want low commission.
Not for: anyone who wants a well-known regulator; traders who plan to withdraw soon after claiming the bonus.
Company and licence
From AMarkets’ footer:
| Company | Where | Number | Status |
|---|---|---|---|
| AMarkets LTD | Mwali (Comoros) | T2023284 | Licensed international brokerage and clearing company, supervised by the Mwali International Services Authority (MISA) |
| AMarkets LLC | Cook Islands | LLC14486/2023 | Registered with the Financial Supervisory Commission’s registry |
| AMarkets LTD | St Vincent and the Grenadines | 22567 BC 2015 | Registered with the FSA’s registry |
AMarkets says it doesn’t target EU/EEA, UK or US clients. It’s a member of The Financial Commission, whose compensation fund covers up to €20,000 per claim if a ruling against AMarkets goes unpaid.
What this protects: a dispute route outside the broker, and a capped compensation fund. What it doesn’t: no major-regulator oversight, no EU or UK compensation scheme. A St Vincent “registration” isn’t a forex licence. See offshore vs regulated brokers and broker licences explained.
Accounts and costs
From the account types page:
| Standard | ECN | Zero | |
|---|---|---|---|
| Initial deposit | $100 | $200 | $200 |
| Spread | From 1.3 pips | From 0.2 pips | From 0 pips |
| Commission (per lot, per side) | None on FX and metals | $2.5 | $5.5 |
| Platforms | MT4, MT5 | MT4, MT5 | MT5 |
| Stop-out | 20% | 40% | 40% |
| Max leverage | 3000:1 | 3000:1 | 3000:1 |
All accounts are USD, market execution, from 0.01 lots, with an Islamic option and negative balance protection. Instruments include 44 FX pairs, metals, indices, commodities, 400 stocks, 19 ETFs and 33 cryptocurrencies.
Leverage
From the leverage page, FX and metals:
| Equity | Max leverage |
|---|---|
| Under $1,000 | 3000:1 |
| $1,000–5,000 | 2000:1 |
| $5,000–10,000 | 1000:1 |
| $10,000–50,000 | 500:1 |
| Over $50,000 | 200:1 |
Indices and commodities go to 100:1, BTC 100:1, other crypto 10:1, stocks 10:1. Positions opened 15 minutes before to 10 minutes after major news may be limited to 200:1, and between 22:00 Friday and 01:00 Monday (server time) leverage can’t exceed 1000:1.
Funding and withdrawals
AMarkets’ deposit page says all deposits are fee-free, methods include bank transfers, cards, e-wallets and local options (the full list shows in your Personal Area by region), and withdrawals go back to the exact card or account you deposited from. No third-party payments. Its FAQ says the finance department handles withdrawal requests within 24 hours, with no AMarkets withdrawal fee; arrival time depends on the method. Details: AMarkets deposits and AMarkets withdrawals.
Bonus
The “Double Your Starting Capital” offer:
- For new clients with a Standard account in USD on MT4, depositing $100 or more; you activate it by contacting support
- 100% credit bonus, up to $10,000 per client
- Withdrawable once you reach the required turnover, which the page gives as “the bonus amount / 3 USD”. We read that as lots (a $300 bonus would need 100 lots), but confirm with support; only closed trades on currency pairs, opened after the bonus and held for at least 3 pips, count
- Cancelled on any full or partial withdrawal, after 30 days without trading, or on a stop-out
AMarkets also lists cashback, a refer-a-friend scheme, a “switch your broker” bonus and other promotions. See how bonus rules work.
Risks and open questions
- Mwali licence: we didn’t check the MISA register
- Arrival times per withdrawal method are only shown after login
- The full Bonus Terms weren’t reviewed; the summary above is from the promotion page
Bottom line
AMarkets is a high-leverage, bonus-heavy offshore broker. If you take the 100% bonus, remember that any withdrawal cancels it, and start with an amount you can afford to keep at an offshore broker.
Compare: deposit bonus brokers, high-leverage brokers.
AMarkets guides
Other broker reviews
AMarkets reviews from traders
No reviews yet
If you have traded with AMarkets, be the first to review it. What went well and what didn’t both help other traders.
Write a review
Reviews are users’ own experiences. We check them for spam and promotion before publishing, but we can’t verify what they say.
Frequently asked questions
Is AMarkets regulated?
AMarkets LTD is licensed as an international brokerage and clearing company in Mwali (Comoros), licence T2023284, supervised by the Mwali International Services Authority. Its other companies are registered (not licensed as brokers) in the Cook Islands and St Vincent and the Grenadines.
What is AMarkets' maximum leverage?
3,000:1 on FX and metals while equity is below $1,000. It steps down to 2000:1 up to $5,000, 1000:1 to $10,000, 500:1 to $50,000 and 200:1 above.
What is the minimum deposit at AMarkets?
$100 for Standard and $200 for ECN and Zero.
Does AMarkets have a bonus?
Yes. New Standard clients (MT4, USD) depositing $100 or more can ask support for a 100% credit bonus, up to $10,000. It becomes withdrawable after a set trading volume and is cancelled by any withdrawal.
