Advanced Markets Review
Advanced Markets is a trading broker that provides wholesale trading services to institutional clients, such as hedge funds, banks, commodity trading advisors, and corporations, via a range of sophisticated trading platforms. They offer true Direct Market Access (DMA) liquidity, credit, and technology solutions across various markets, including forex, precious metals, energies, and CFDs. The broker takes the competitive, multi-bank elements of RFQ platforms and combines them with the low latency and transparency of ECNs to service traders seeking consistent, interbank liquidity.
Advanced Markets Review, Pros & Cons
- Multiple sophisticated trading platforms
- Many tradable instruments
- A range of trading tools
- A selection of educational resources
- No USA clients
- Limited account funding options
- Minimum $2,500 deposit
In this detailed Advanced Markets review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Advanced Markets Overview
Based in the Cayman Islands, Advanced Markets is a wholesale provider of liquidity, technology, and credit solutions to institutional traders seeking to trade Forex, precious metals, energies, and CFDs. The broker offers tight and competitive spreads and liquidity that is built on a foundation of reliability and transparency. They provide traders with top-rated trading platforms with underlying supporting technology that was developed with one common goal — to facilitate Direct Market Access via GUI, Bridge, and/or FIX API.
Advanced Markets Regulation
Advanced Markets holds an Australian Financial Services License (AFSL) number: 444649 and is registered with the Australian Securities and Investments Commission (ASIC).
Advanced Markets Countries
Advanced Markets allow traders from different parts of the world to open a trading account with them if their country of residence allows online trading with international wholesale brokers. However, the broker states specifically that it does not accept any Non-ECP U.S Accounts.
Some Advanced Markets features and products mentioned within this Advanced Markets review may not be available to traders from certain countries because of legal restrictions.
Advanced Markets Platforms
This is a fully customizable trading venue that can be seamlessly accessed by both FIX API and GUI. The platform gives traders the ability to configure their own trading environment. It has a range of useful features, including low latency, transparent order execution via API and GUI; ability to on-board both ‘Credit’ and ‘Margin’ accounts; and robust, browser-based HTML GUI that requires no downloads or installations.
Fortex 5 & Fortex 6
The MT4 and MT5 trading platforms are industry-leading trading platforms that are designed for both beginner and seasoned traders, with its intuitive yet user-friendly interface. Both platforms have multiple creative technology solutions and are packed with a range of advanced features, including access to pure DMA hosting, server hosting, FIX API, and Expert Advisors. They are available in desktop, web, and mobile versions.
Advanced Markets Trading Tools
Traders also benefit from some standalone trading tools in addition to those built into the provided trading platforms. They include an Asset Index, Direct FIX API, and more.
Advanced Markets Education
The broker provides traders with a selection of educational resources, such as the news section, a trading blog, and an FAQ section.
Advanced Markets Instruments
Advanced Markets offer multiple tradable assets, such as forex, precious metals, energies, and CFDs.
Advanced Markets Accounts & Fees
The broker allows traders to create a live trading account, which can be the Individual Account or the Corporate Account.
As broker fees can vary and change, there may be additional fees that are not listed in this Advanced Markets review. It is imperative to ensure that you check and understand all of the latest information before you open an Advanced Markets broker account for online trading.
Advanced Markets Support
Advanced Markets have a client support team can be reached via telephone, email, Live Chat, or filling the ‘Get in Touch form’ on the broker’s website.
Advanced Markets Deposit & Withdrawal
Traders are allowed to deposit and withdraw funds to and from their trading accounts through bank transfers.
Advanced Markets Account Opening
To open an account with the broker, you must qualify as a wholesale client. You will choose if you do like to complete an individual or corporate application form. The form can be completed online or downloaded and sent to the broker.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Advanced Markets Summary
Advanced Markets is a wholesale broker that offers direct market access to institutional and algorithmic traders. The broker provides traders with multiple sophisticated trading platforms, along with a range of trading tools, educational resources, and client support.
Please be aware that off-exchange foreign exchange currency transactions carry a high degree of risk and are not suitable for many investors.