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 is an international company with dozens of offices in Europe and the CIS. It was established in 2007, but its structure has gone through major changes since then. Initially, the company was called AForex. Over time, the brand became a symbol of reliability and European quality service standards. Today, AMarkets is a modern ECN broker, actively developing both “trading for beginners” and professional algorithmic trading.
| 💻 Trading platform: |
МТ4, МТ5 (all modifications), AMarkets App
|
| 📊 Accounts: |
Standard, Fixed, ECN, Crypto
|
| 💰 Account currency: |
EUR, USD, RUB, ВТС
|
| 💵 Replenishment / 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, Crypto - floating from 1.3 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
|
| 📋 Orders execution: |
Instant Execution, Market Execution (depending on the account)
|
| ⭐ 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;
•Absence of a regulatory license. The broker is registered in Saint Vincent and the Grenadines, but there is no information about the license from a regulator. The Financial Commission does not issue licenses.
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 | RoboForex | Pocket Option | Exness | IC Markets | |
|---|---|---|---|---|---|
Trading platform |
MT4, MT5, AMarkets App |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
Pocket Option, MT5, MT4 |
Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 |
MT4, cTrader, MT5, TradingView |
Min deposit |
$100 |
$10 |
$5 |
$10 |
$200 |
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
Trust management |
No |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
No |
No |
Spread |
From 0 points |
From 0 points |
From 1.2 point |
From 1 point |
From 0 points |
Level of margin call / stop out |
No |
No |
No |
No |
No |
Execution of orders |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
Market Execution |
Market Execution, Instant Execution |
Market Execution |
No deposit bonus |
No |
No |
No |
No |
No |
Cent accounts |
No |
Yes |
No |
No |
No |
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.
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.
Pocket Option offers a wide range of trading instruments and copy trading services. It constantly improves its service quality and expands the list of assets and trading platforms. The broker is suitable even for novice traders without significant capital due to the low initial deposit. Experienced traders who work with CFDs and binary options can also use Pocket Option’s services.
Exness broker is a trusted broker partner that is compliant with all relevant terms. Exness complies with all payment obligations and pays money earned.
IC Markets Trading Company is a great broker for scalping enthusiasts, automated trading lovers, and beginner 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 | RoboForex | Pocket Option | Exness | IC Markets |
|---|---|---|---|---|---|
Bonuses |
No |
Welcome bonus $30 Classic first deposit bonus up to 120% |
Welcome bonus 50% when opening a real account |
Not offered |
Not offered |
Affiliate Program |
No |
Up to 40% of trading commissions |
Two types of programs: partner and representative. Commission from profit - up to 80% |
40% of trading commissions |
% of trading commissions |
Other |
No |
No |
Tournaments with a minimum deposit of 1 USD and a prize pool of 100-250 USD. There are free tournaments |
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.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
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.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!