AMarkets Bonus Programs - TU Expert review
Bonus programs offered are an important factor for a trader when choosing a broker. The companies can make special offers for beginners as well as experienced traders. Bonus programs depend on a specific broker and they can differ substantially. Traders Union analysts have prepared a review of AMarkets bonus program. You will learn about the available special offers and conditions of the brokers.
Brief introduction of AMarkets
AMarkets provides a wide range of trading instruments, including Forex, stocks, commodities, and cryptocurrencies.
With average execution speeds of 35-50ms and floating spreads from 0 pips on the ECN account, it implements a low-latency environment suitable for high-frequency and scalping strategies. Leverage up to 1:3000 is available across account types. Traders can utilize advanced analytical tools like AutoChartist, Trade Analyzer, Sentiment Indicator, and a large database of EAs. The broker’s copy trading platform allows investors to seamlessly copy successful trading strategies. While offshore regulated, the broker offers additional security through a compensation fund and independent third-party audits. AMarkets LTD is registered and licensed as an international brokerage and clearing company in the Island of Mwali (Comoros) with license number T2023284 and supervised by the Mwali International Services Authority (MlSA).
AMarkets provides a robust environment for those looking for advanced trading conditions.
| 💻 Trading platform: |
МТ4, МТ5 (all modifications), AMarkets App
|
| 📊 Accounts: |
Standard, Fixed, ECN, Zero
|
| 💰 Account currency: |
USD
|
| 💵 Deposit / Withdrawal: |
Visa/Mastercard, Bank Transfer, МИР, UZCard, HUMO, Perfect Money, Neteller, FasaPay, Bitcoin. Ethereum, Litecoin, Tether (USDT TRC20, ERC20). AdvCash, Skrill, QIWI (for certain regions)
|
| 🚀 Minimum deposit: |
$100 / €100
|
| ⚖️ Leverage: |
Up to 1:3000
|
| 💼 PAMM-accounts: |
No
|
| 📈️ Min Order: |
0.01
|
| 💱 Spread: |
ECN - floating from 0 pips, Standard - floating from 1.3 pips, Fixed - fixed from 3 pips.
|
| 🔧 Instruments: |
Currencies, assets of stock and commodity markets, cryptocurrencies
|
| 💹 Margin Call / Stop Out: |
50–100% / 20–40%
|
| 🏛 Liquidity provider: |
N/A
|
| 📱 Mobile trading: |
Yes
|
| ➕ Affiliate program: |
Yes
|
| 📋 Order execution: |
Market Execution
|
| ⭐ Trading features: |
Cryptocurrency trade; COT indicator; Cayman indicator; Autochartist.
|
| 🎁 Contests and bonuses: |
Yes
|
AMarkets Pros and Cons
👍 Advantages of trading with AMarkets:
•Order execution speed is 35–50 ms (average market indicator is 200–500 ms);
•Average market spreads from 0.3 pips (average market indicator is from 0.5 pips);
•Newest passive investment platform – AMarkets Copy Trading;
•A set of analytical tools, including signals, risk management tools, and algorithmic trading, is integrated into the user account;
•Compensation fund of up to EUR 20,000 per each client.
👎 Disadvantages of AMarkets:
•Expert advisors with basic settings are unprofitable. Launching templates without preliminary testing is strongly not advised.
•There is no information about how the rating of managers is formed and how much can the provided statistics be trusted;
What kind of bonuses are there?
Forex brokers can offer a wide variety of bonuses.
The main types of bonuses are:
-
Welcome Bonus. Traders can receive additional funds for registration and for making the first deposit.
-
No Deposit Bonus. Brokers provide this kind of reward to the clients for just registration.
-
Deposit Bonus. This is a reward for each deposit made to the account.
Also, brokers may hold various promotions and prize draws that are valid for a specific period of time. In addition, some companies hold competitions among traders with a certain prize pool.
Brokers similar to AMarkets
In addition to bonuses, you need to also take into consideration trading conditions. Traders Union analysts have prepared a comparison of AMarkets with similar brokers. In this analysis, traders can learn in detail the trading conditions of AMarkets and compare these conditions with competing brokers.
Comparison of AMarkets with other Brokers
| AMarkets | Eightcap | XM Group | RoboForex | TeleTrade | |
|---|---|---|---|---|---|
Trading platform |
MT4, MT5, AMarkets App |
MT4, MT5, TradingView |
MT4, MT5, MobileTrading, XM App |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
MT4, MT5 |
Min deposit |
$100 |
$100 |
$5 |
$10 |
$10 |
Leverage |
From 1:1 |
From 1:30 |
From 1:1 |
From 1:1 |
From 1:1 |
Trust management |
No |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
10.00%% |
1.00%% |
Spread |
From 0 points |
From 0 points |
From 0.8 points |
From 0 points |
From 0.2 points |
Level of margin call / stop out |
No |
No |
No |
No |
No |
Execution of orders |
Market Execution, Instant Execution |
Market Execution |
Market Execution |
Market Execution, Instant Execution |
Market Execution |
No deposit bonus |
No |
No |
No |
No |
No |
Cent accounts |
No |
No |
No |
Yes |
Yes |
AMarkets is a broker that is more suitable for professional trading. Everything here is designed to accommodate trading with EAs and that is the broker’s strength. The weakness of the broker is that it won’t be easy for traders without experience to work here.
Eightcap has favorable working conditions due to a large choice of instruments, tight spreads, high leverage, and no withdrawal fees. Integration with popular trading platforms and basic deposit/withdrawal options greatly facilitates work with the broker and reduces the entry threshold. In addition to comfortable conditions and low financial costs, traders get free educational materials and special services for technical analysis. A relative disadvantage is the absence of opportunities for passive income. Also, the broker works only with CFDs, so other groups of trading instruments are not available.
XM Broker is a broker for professional trading. Trading conditions correspond to the average market; there are technical advantages that distinguish XM Broker from its competitors.
The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.
TeleTrade is a broker for traders who value the variety of trading instruments and trade using their PC or a mobile app. The company is a good broker both for beginners and experienced traders.
Comparison of bonus programs of brokers similar to AMarkets
Many brokers have bonus programs, not only AMarkets. You can choose the most suitable option, depending on your trading experience and needs. Traders Union analysts have prepared a comparison of bonus programs of AMarkets and similar companies.
| Bonus type | AMarkets | Eightcap | XM Group | RoboForex | TeleTrade |
|---|---|---|---|---|---|
Bonuses |
No |
If you are a new client of Eightcap and you fund your new live trading account with them within 10 days of your account being opened then you are eligible to earn up to a $1,000 trading credit bonus which you can also convert into real equity at a rate of $1 for every standard FX lot when you trade; $30 No-deposit bonus |
up to $5000 forex bonus, up to 100% forex deposit bonus |
Welcome bonus $30 Classic first deposit bonus up to 120% |
100% welcome bonus |
Affiliate Program |
No |
You can refer your followers and customers to earn passive income, with rebates up to $6 USD per lot and CPAs up to $900 USD |
Multi tier affiliate program |
Up to 40% of trading commissions |
For each invited client, a trader can receive $20 if the trader is active (fulfills the broker's requirements for the largest amount) - $500. |
Other |
No |
No |
No |
No |
No |
Conclusions
AMarkets Bonus program is well developed. The broker offers a large number of various incentives for the clients. There are special offers for beginners and for experienced traders. The bonus program looks attractive also when compared to the competitors. Therefore, if a client is looking for a broker with a good bonus program, AMarkets is certainly a broker to consider.
FAQs
What do I need to take notice of when choosing a broker?
When choosing a broker, consider the conditions the broker offers. They may turn out to be unacceptable. Also assess the size of the bonus and the rules for its withdrawal.
Is it possible to withdraw bonus money?
It depends on the conditions of the broker. Some brokers allow traders to do it under certain conditions, and some allow to use the bonus only for trading, while also allowing to withdraw only profit earned with the use of bonuses.
Can I refuse to accept a bonus?
Yes. Refusing a bonus is a trader’s right. If the conditions are unacceptable for you, there is no sense in agreeing to them.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.