Advanced Markets Review

Read our in-depth forex broker review on Advanced Markets ✅ Find out how this broker compares to others.
Overall Rating

3.5/5

Top 5 Forex Brokers
1.
Avatrade
2.
Exness
3.
OctaFX
4.
Tickmill

Advanced Markets Review

📅 Year founded

2006

📈 Multiple top-tier regulation

Yes

📍 Headquarters

Charlotte, North Carolina, United States

🌍 Country of regulation

United Kingdom / Australia / Bermuda

✅ Regulators

FCA / ASIC / AFS / BMA

📈 Execution Type

Market Execution

💰 Minimum Deposit

$100 USD

🛡️ Negative Balance Protection

Yes

📉 Trading Platforms

MetaTrader5

 ☪  Islamic account

Yes

📉 Trading Instruments

Forex / Indices / Commodities

📱 Mobile trading

iOS / Android / Windows

💳 Payment Types Accepted

Debit and Credit Card / Bitcoin

🎮 Demo Account

Yes

 ⓒ Copy Trading

Yes

🎁 Bonus Offer

None

💰 Account Currencies

USD

📈 Minimum Trade

0.01 Lots

📈 Account Types

ECN / STP

📈 Margin Trading

Yes

📈 Trading fees

Low

📈 Inactivity fee

None

💰 Withdrawal fee

None

☎ Customer Support

24/5

💰 Max. Leverage

500:1

✔️ Hedging Allowed

Yes

✔️ Scalping Allowed

Yes

💰 Commission

None on Advanced Plus & Advanced Prime / $30 USD per million on Advanced Infinite

💰 Spreads

From 0.0 pips

💰 Leverage

Flexible

💰 Currency Pairs (Total Forex pairs)

52

🔢 Number of clients

40 000 +

🥇 Instruments Offered

80 +

📙 Education

None

Click here ✅ Open a Trading Account

 

WHAT IS ADVANCED MARKETS?

Advanced Markets is a prominent forex and CFD broker that was founded in 2006, with its headquarters located in Charlotte, North Carolina, USA.

Advanced Markets stands out in the competitive world of financial markets due to its commitment to providing transparent and direct market access to its clients, which range from retail traders to institutional investors.

A critical aspect of Advanced Markets’ operations is its adherence to stringent regulatory standards, which is a cornerstone of its trustworthiness and reliability.

The broker is regulated by some of the most respected authorities in the financial industry including the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC) in Australia and has applied for a license from the Bermuda Monetary Authority (BMA) in Bermuda.

 

INTRODUCTION

Advanced Markets, established in 2006 and headquartered in Charlotte, North Carolina, distinguishes itself as a broker dedicated to delivering an exceptional trading environment to its clients from over 30 countries around the globe.

Catering to both retail and institutional traders, Advanced Markets is renowned for its robust regulatory framework, comprehensive market access and state-of-the-art trading technologies.

This review aims to provide an in-depth analysis of Advanced Markets, examining its services, platform offerings and the overall trading experience it provides.

With regulations from some of the most stringent bodies like the FCA in the UK and ASIC in Australia, Advanced Markets offers a secure and transparent trading environment.

This is bolstered by its commitment to providing access to a wide array of trading instruments and leveraging cutting-edge technology to meet the diverse needs of its traders.

 

PROS & CONS

PROS

  • Direct market access ensuring low spreads.
  • Strong regulatory compliance throughout multiple jurisdictions.
  • Wide range of forex pairs on offer.
  • Provides services to retail and institutional clients.
  • Zero commissions charged on two out of three account types.

CONS

  • Limited number of trading instruments on offer.
  • No promotions on offer.

 

TRADING INSTRUMENTS

Advanced Markets provides a comprehensive suite of trading instruments, catering to a diverse range of financial interests and strategies.

The broker offers trading instruments across 3 asset classes, namely forex, indices and commodities.

Forex

The Forex market is the cornerstone of Advanced Markets’ offerings. Traders have access to a wide array of currency pairs including majors like EUR / USD, GBP / USD and USD / JPY, minors such as NZD / USD and USD / CAD as well as exotic pairs like USD / SGD and EUR / CZK.

The broker provides more than 52 currency pairs to its traders, with leverage of up to 500:1 depending on the account type a trader selects.

 

Indices

For those interested in broader market movements, Advanced Markets offers a range of the world’s leading indices. This includes US indices like the Dow Jones Industrial Average (DJIA) and the NASDAQ Composite, European indices such as the DAX and FTSE 100 as well as Asia-Pacific indices like the Nikkei 225 and Australia’s ASX 200.

Trading indices provides an opportunity to gain exposure to the performance of an entire sector or economy without having to analyse the prospects of individual companies. With over 15 indices from multiple exchanges available, through CFDs and Futures, traders will never be short of trading options.

 

Commodities

Advanced Markets also caters to traders looking to trade in commodities. This market segment includes precious metals such as gold, silver and platinum, which are often used as safe havens during times of economic uncertainty.

Energy commodities, including oil and natural gas, are also available and are popular for their price volatility and market dynamics.

Advanced Markets offers its traders more then 12 different commodities to choose from, which can be traded via CFDs or Futures, once again ensuring that traders can access the market according to their preferences.

Although stocks and cryptocurrencies would be a welcome addition to the broker’s limited range of trading instruments, there are still more than enough instruments for traders to access the market, especially in the wide range of forex pairs and indices on offer with the broker.

 

TRADING PLATFORMS

Advanced Markets provides its clients with the most powerful and flexible trading platform in the industry today, MetaTrader5 (MT5). This trading platform offers traders all the tools they would need to be successful in the trading industry.

 

MetaTrader5 (MT5)

MT5 is the successor to the highly popular MetaTrader4 platform, offering enhanced functionalities for both forex and CFD trading.

MT5 is well-regarded for its advanced technical analysis tools, fundamental analysis capabilities and the ability to run trading robots, or Expert Advisors (EAs).

The platform is designed to cater to traders of all experience levels, with a user-friendly interface and customisable features, including:

  • Multi-asset trading meaning MT5 allows trading in forex, indices and commodities from the same platform.
  • The platform offers over 80 built-in technical indicators and analytical tools, along with 21 timeframes for detailed price analysis.
  • Algorithmic trading whereby traders can develop, test and apply Expert Advisors (EAs) and algorithmic strategies.
  • Integrated directly into the platform, the economic calendar helps traders keep track of significant events that could affect the markets.
  • The one-click trading feature streamlines the trading process, enabling traders to send trading orders instantly from the chart.

 

AutoChartist

Advanced Markets also offers traders the ability to connect their trading accounts to AutoChartist, one of the most powerful and diverse trading tools in the industry. AutoChartist allows traders to analyse the market through various tools, reports and statistics only available on AutoChartist.

Once an account has been setup, traders can use the AutoChartist plug-in on their MT5 account to see their strategies and indicators directly on the MT5 platform, allowing greater efficiency and ease of use to make more informed trading decisions.

The trading platforms and tools available at Advanced Markets offer a sophisticated, versatile and user-friendly trading environment. The availability of advanced tools and technologies combined with high customisability and robust support make it a preferred choice for traders looking to gain a competitive edge in the markets.

 

ACCOUNT TYPES

Advanced Markets offers a tiered account structure designed to cater to different levels of traders, from novices to seasoned professionals and institutional clients.

Each account type is structured to provide specific features and benefits that align with the traders’ experience, trading volume and investment capital.

 

Advanced Plus Account

The Advanced Plus Account is ideally suited for entry-level traders or those looking to explore the forex market with a relatively low initial investment.

The zero commission charges and reasonable spreads starting from 1.2 pips make it accessible for individuals who are learning the ropes of trading without a significant financial burden.

This account allows traders to experience real market conditions and refine their trading strategies with minimal upfront commitment as the minimum deposit required to open this account is only $100 USD.

Additionally, traders have access to leverage of up to 500:1 on this account type.

 

Advanced Prime Account

Designed for more experienced traders or those with more capital to invest, the Advanced Prime Account offers more competitive spreads starting from just 0.8 pips.

With a higher minimum deposit of $5 000 required, this account type appeals to serious traders aiming for greater market depth and improved pricing models.

The absence of commission and tighter spreads helps traders in maximising trading efficiency and cost-effectiveness for active traders.

In this account type, traders will have access to leverage of up to 200:1, depending on the trading instruments selected.

 

Advanced Infinite Account

The Advanced Infinite Account is tailored for high-volume professional and professional traders who require the best possible trading conditions.

With raw spreads starting from 0.0 pips and a commission of only $30 USD per million traded, this account offers the most competitive rates and is designed to facilitate large trading volumes at high speeds.

The significant minimum deposit of $20 000 USD reflects the serious nature of traders this account is aimed at, providing an environment that supports complex trading strategies and aggressive trading tactics. This account type allows traders access to leverage of up to 100:1.

Each account type at Advanced Markets is designed to cater to different trader profiles, ensuring that both new and experienced traders can find a suitable platform to engage with the markets effectively.

The tiered account structure also allows traders to scale up as their trading skills improve and their needs evolve.

Additionally, the broker offers a wide range of services and accounts catered at institutional investors, which options can be further explored by requesting information thereon from the broker.

Advanced Markets also offers its traders the option to utilise a swap-free account, in compliance with the Islamic faith. This option is only available on the Advanced Plus and the Advanced Prime Accounts.

 

HOW TO OPEN AN ACCOUNT

Opening an account with Advanced Markets is a streamlined process. Prospective clients must fill out an online application form, choose which account they would like to use, submit identification documents as required in the KYC process and then wait for approval.

Once clients are approved for trading, they can make a deposit via the methods available on the broker’s website, namely debit and credit cards or via Bitcoin. The process is typically completed within a few hours, depending on the document verification process.

Once approved and funds are deposited, traders can begin trading on their live account.

 

DEMO ACCOUNT

Advanced Markets offers a demo account to help traders familiarise themselves with the platform and practice trading strategies without risk.

Demo accounts are a great tool for new traders to use, to learn about trading and gain experience without risking any real capital.

On the broker’s website, there is not much information available on their demo accounts, so it is unknown if the demo account is available with the same features as their live accounts.

 

SOCIAL TRADING AND COPY TRADING

Social trading and copy trading services are mentioned on the broker’s website, where they mention the use of trading signals and copy trading which may be used via the MT5 platform.

While the broker does not provide its own social trading or copy trading software, there are a multitude of tools which can be utilised on the MT5 platform, such as EAs, which Advanced Markets does allow their clients to implement on their trading accounts.

 

COMMISSIONS AND FEES

Advanced Markets operates with a transparent fee structure, charging no commissions on the Advanced Plus and the Advanced Prime Accounts, where commissions are essentially built into the spreads.

On the Advanced Infinite Account, the broker charges a fairly low commission of $30 USD per million traded, but with raw spreads starting at 0.0 pips.

The broker does not charge any withdrawal or deposit fees, which is another added bonus to its clients. Additionally, the broker also does not charge any inactivity fees, making Advanced Markets one of the most affordable and transparent brokers in the industry.

 

LEVERAGE

Leverage options vary depending on a variety of factors such as the trading instrument selected, the account type used and the trader’s area of residence, due to the regulatory jurisdiction. For example, trader in the EU are only able to access leverage of up to 30:1 due to regulatory restrictions.

With Advanced Markets, traders can access leverage of up to 500:1 on the Advanced Plus Account, 200:1 on the Advanced Prime Account and 100:1 on the Advanced Infinite Account.

 

WITHDRAWALS AND DEPOSITS

The broker provides limited withdrawal and deposit methods to its clients, which is certainly an area where the broker can improve. According to their website, trades can deposit or withdraw funds via debit and credit cards, as well as via Bitcoin.

On a positive note, the broker does not charge any withdrawal or deposit fees, ensuring traders do not have to pay additional fees to access their funds.

 

CUSTOMER SERVICE

Advanced Markets provides great customer service to its clients, accessible 24/5 in line with forex trading times, in a variety of different languages to cater to clients in over 30 countries around the globe.

The broker’s support team can be contacted via e-mail, phone, live chat or through the various social media platforms the broker is available on.

 

SAFETY AND SECURITY

Safety and security are paramount in the world of online trading, where the integrity and reliability of a broker determines the trust it garners from its clients.

Advanced Markets takes this aspect seriously, implementing rigorous security measures and adhering to some of the strictest regulatory standards in the industry.

Advanced Markets is regulated by several reputable financial authorities, which ensures that the broker operates under strict operational standards and compliance requirements. These regulatory bodies include:

 

Financial Conduct Authority (FCA) in the UK

As one of the leading regulatory bodies in the financial world, the FCA mandates stringent guidelines for financial operations, client asset protection and regular audits.

Being FCA-regulated means that Advanced Markets adheres to high standards of fairness and integrity, providing traders with peace of mind regarding the safety of their funds.

 

Australian Securities and Investments Commission (ASIC) in Australia

ASIC’s oversight ensures that Advanced Markets complies with financial solvency, transparency and ethical dealing requirements. ASIC is known for its rigorous enforcement of consumer protection laws, making it one of the most trusted regulatory bodies in the financial sector.

 

Bermuda Monetary Authority (BMA) in Bermuda

Advanced Markets has applied for a license from the BMA, which is part of its strategic expansion to enhance its global reach and regulatory framework. The BMA is recognised for its robust regulatory environment that safeguards the interests of traders and investors.

Advanced Markets employs state-of-the-art security technologies to protect the data and funds of its clients including the implementation of SSL encryption, two-factor authentication and segregated client accounts, ensuring their clients’ funds are well protected in the unlikely event of the broker’s insolvency.

Additionally, Advanced Markets adheres to strict compliance protocols, including anti-money laundering (AML) procedures, Know Your Customer (KYC) policies and regular financial reporting. These measures ensure transparency and help prevent financial crimes, further enhancing the overall trustworthiness of the broker.

 

PROMOTIONS

While Advanced Markets focuses on trading technology and liquidity rather than promotions, occasional offers may be available, particularly for high-volume traders.

Currently, the broker does not advertise any promotional or bonus offerings on their website, however this does not mean that the broker won’t offer promotions or bonuses in the future.

Clients are always encouraged to regularly visit the broker’s website in case brokers update promotional offerings in the future.

 

RESEARCH

Advanced Markets provides comprehensive market research and analysis, which is crucial for informed trading.

The broker offers this through their provision of AutoChartist, the advanced research tool which can be integrated with the MT5 platform, allowing traders to gain in-depth market insights through advanced strategy and research tools.

Additionally, the MT5 platform also offers a wide range of research tools which are available to Advanced Market’s traders.

 

EDUCATION

Unfortunately, Advanced Markets does not offer any educational tools on their website, however, with the wide range of tools available and easily accessible on the internet today, this is certainly not a reason to overlook this broker.

 

GLOBAL AWARDS

Through our research conducted while reviewing this broker, we were unable to find any global awards won by  Advanced Markets. However, this does not mean that the broker has not won any awards, as they may not be listed on their website.

Additionally, the broker does have fantastic customer reviews, indicating that Advanced Market’s clients are more than happy with the services provided by the broker.

 

SAFE OR SCAM?

In the world of online trading, distinguishing between safe brokers and potential scams is crucial for traders. Advanced Markets stands out as a prominent example of a broker that prioritises the safety and security of its clients, backed by rigorous compliance with multiple regulatory bodies.

The broker is strictly regulated by a range of regulatory bodies, across multiple jurisdictions, including the FCA, ASIC and is currently awaiting a license from the BMA in Bermuda. This highlights the broker’s commitment to the safety and security of its clients’ funds.

Additionally, regulation by the FCA in the UK means that the broker is also subject to the Financial Services Compensation Scheme (FSCS), ensuring that clients’ funds are protected up to the value of 85 000 GBP. Furthermore, the FCA ensures that the broker implements negative balance protection, meaning clients can never lose more money than what they invest.

These regulatory bodies enforce rules that protect traders from fraudulent practices, provide conflict resolution avenues and ensure that the broker operates with transparency and accountability. Traders looking for a reliable and secure platform will find Advanced Markets an excellent choice.

 

CONCLUSION

Advanced Markets stands out in the training industry for its exceptional liquidity, advanced technological solutions and commitment to client service.

While the broker could add more trading instruments to offer its clients an even wider range of instruments, the broker does provide more than enough instruments for clients to trade.

Advanced Markets provides excellent trading conditions across a variety of account types, which are suited to meet a wide range of traders’ needs.

Additionally, the broker also caters to institutional clients, ensuring that the broker will always need to stay on top of its game when it comes to technological advancements.

The broker also charges some of the lowest fees in the industry, with no deposit or withdrawal fees applicable, while commissions are not charged on their two most used account types.

Traders who are looking for low-cost brokers will have a hard time finding a broker offering a more cost-effective service than Advanced Markets.

After conducting the above review and thoroughly researching the broker, the team at Brokersuggest.com can confidently say that Advanced Markets represents a superb choice for traders looking for a long-term trading partner.

 

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