Does AMarkets Pay Out Profit?

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Yes. According to the reviews on Traders Union, AMarkets pays traders timelyю It might take a few days before the money lands in the trader's account. For instance, withdrawals made via bank transfers and bank cards can take one to three days..

AMarkets ensures that traders get the best trading experience. Expert traders stand to gain more from using AMarkets as a broker due to its sophisticated trading tools, which are designed to simplify expert advisor trading. And they are among the top brokers that ensure traders get to withdraw profits after trading different assets.

Traders can choose from different payment methods that best fit their needs when making a market withdrawal. Continue reading to find out more about AMarkets' withdrawal guidelines and how to get your money back.

Is AMarkets trustworthy? Is AMarkets regulated?

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Yes. Considering that AMarkets' trading services adhere to several strict regulatory guidelines, it is evident that this broker is also highly reputable. With license number T2023284, AMarkets LTD is officially registered and licensed as an international brokerage and clearing company on the Island of Mwali (Comoros).

The company is under the supervision of the Mwali International Services Authority (MlSA). Additionally, they have a registration number of 22567 BC 2015 in the Financial Services Authority (FSA)-run relevant registry in Saint Vincent and the Grenadines. AMarkets LLC is registered in the Cook Islands under the LLC14486/2023 registration number, and the Financial Supervisory Commission (FSC) runs the relevant registry. So, AMarket is a safe and legal broker.

It offers a compensation fund for up to €20,000 per trade claim as a certified member of The Financial Commission, a reputable independent mediator in the financial services industry that ensures a broker's transparency and integrity. Furthermore, every month, Verify My Trade, an impartial third party, audits the quality of order execution at AMarkets. Every month, AMarkets must submit 5,000 trades for comparison analysis against first-tier liquidity providers to maintain certification and verify compliance with best execution standards.

How long does it take to withdraw on AMarkets?

While bank transfers may take up to three business days, withdrawal requests are handled internally in about twenty-four hours. The withdrawal period could take up to five business days in certain circumstances. The minimum withdrawal amount at AMarkets is $1, but it may be higher based on the payment method. For security reasons, the WebMoney withdrawal limit is $2,000 daily, and the bank transfer is $100.

Keep in mind that withdrawals may incur fees, and the total amount of money in the account cannot exceed the amount to be withdrawn, including transaction fees. There are no restrictions on withdrawals from bank accounts in US dollars, regardless of the country that issues the card. There is no conversion involved when making withdrawals to USD-denominated cards. Transferring money to cards with different currency values is done in compliance with the issuing bank's payment processing policies. WinPay is the provider of the service.

Payment Method AMarkets withdrawal time limit

Bank Transfer

1 to 3 days

Cryptocurrencies (Tether, Binance Coin, USD Coin, Bitcoin, Ethereum, and Litecoin)

up to 24 hours

Electronic Payment System (Perfect Money)

up to 1 day

Bank Cards

1 to 3 days

If you request a withdrawal and there are sufficient funds available to cover both the withdrawal and the open positions, it makes no difference if you have open positions at the time of the request. Be aware that if there are insufficient funds in the account, the client assumes all risks of position closure.

  • Visit the AMarket website and log in to your verified trading account using your credentials.

  • Locate the withdrawal or funds withdrawal section on your account dashboard, then choose your preferred withdrawal option.

  • Enter the sum that you want to take out of your trading account. Verify that it satisfies any minimum withdrawal requirements set by AMarket or surpasses them.

  • Click the "Submit" or "Confirm" button to initiate the withdrawal request.

  • Your withdrawal request will be processed by AMarket, which could take some time. It may take several business days, though processing times vary. The money will be transferred to your preferred withdrawal method after the withdrawal request has been reviewed and approved.

Possible withdrawal problems

Here are a few potential causes of issues that might arise when you try to withdraw money from the AMarkets investing platform.

  • A verified trading account is necessary to get withdrawals; unconfirmed accounts may not receive withdrawals at all or may receive them slowly. Ensure that the identity verification process is complete, as it will prevent the authorization of the withdrawal if it is not.

  • If your account does not have enough money to cover the requested amount plus any associated fees, the withdrawal will not be processed.

  • Incorrect bank account information or payment details could lead to unsuccessful withdrawal attempts. Verify the accuracy of the information you supply by checking it twice.

  • Withdrawal failures can result from technical issues like software bugs, connectivity problems, or system malfunctions at the broker or payment processor.

  • Suspicion of malfeasance or fraud

Reaching out to AMarket's customer support is advised if you have any questions about a withdrawal request that is currently underway. Verify that this specific money transfer's regulatory deadlines have passed. An email outlining the outcomes and the rationale behind the delay will be sent to you one business day following the decision.

If you have not received a notification, please email finance@amarkets.com with a description of the issue and your trading account number. In a single working day, AMarkets experts will resolve your concern.

FAQs

How do I withdraw money from AMarkets?

You can withdraw money from AMarkets through your personal area by clicking on the withdrawal section. Select the "Withdrawal" button from the account card. Please note that prior to submitting a withdrawal request, you must ensure that your payment details have been successfully validated and confirmed.

What is the minimum deposit for AMarkets?

AMarkets minimum deposit is $100, compared to the minimum deposit required by other brokers. This makes it a top option for beginners and smaller retail traders.

What is the maximum leverage in AMarkets?

With standard, fixed, and ECN accounts, AMarkets enables its customers to trade with leverage ranging from 1:1 to 1:3000.

Who is the owner of AMarkets?

Canada Rao is the owner of AMarket, an online brokerage company that was established in 2007. In November of the same year, the broker participated in ForexExpo, which was its first international exhibition.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

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
Author and editor at Traders Union

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.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).