Advanced Markets Review

Category: Reviews | Author: Trading Brokers | Date: October 16, 2023

Discovering a trading partner is crucial, and Advanced Markets is on the radar. As a respected brokerage, it caters to both institutional and retail traders, offering a broad range of trading options, from currencies to CFDs. With over a decade of experience under its belt since its establishment in 2006, Advanced Markets has built its foundation on the pillars of Direct Market Access (DMA) technology, offering a direct link to the inter-market while sidestepping intermediaries. In this comprehensive review, we will delve into the intricacies of Advanced Markets, exploring various factors of this brokerage that are critical for anyone considering a trading partnership, including its regulatory standing, platform offerings, educational resources, available markets and instruments, account types, and funding options. The aim is to provide a balanced view of Advanced Markets, highlighting both strengths and considerations. Let’s get started.

Pros & Cons

  • Offers diverse account types to cater to different trading needs
  • Regulated broker
  • Offers a wide range of financial instruments
  • Provides MetaTrader 5 (MT5) and Mobile Trading platforms
  • Provides a variety of funding options
  • Does not serve clients from the United States
  • High minimum deposit of $100
  • Limited educational resources
  • Lacks social trading features
  • Potential fees from payment providers or banks

Summary

Advanced Markets Review

Advanced Markets Review

Advanced Markets is a respected broker that serves both institutional clients and retail traders, providing a platform for trading various currencies and Contracts for Difference (CFDs). The company was established in 2006 and has been employing Direct Market Access (DMA) technology to offer direct access to the inter-market without the need for intermediaries. It operates under the regulation of the Australian Securities & Investments Commission (ASIC) with the Australian Financial Services License (AFSL) No. 444649 and is registered in the Cayman Islands. The company is jointly owned by Macquarie Americas Corp Inc., a subsidiary of Macquarie Bank.

The broker presents traders with two primary platforms, MetaTrader 5 (MT5) and Mobile Trading, each equipped with an array of features and tools. For educational resources, webinars are the broker’s primary offering, covering various trading-related topics to help traders enhance their skills and knowledge. The broker covers an extensive range of markets, encompassing over 60 currency pairs, spot gold and silver, oil, natural gas, indices, and cryptocurrencies. Various account types are available, including Advanced Plus, Advanced Prime, and Advanced Infinite, tailored to meet different trading preferences and needs. The minimum deposit to open an account is $100. Funding options are diverse and include bank wire transfers, credit/debit cards, and electronic payment systems. Notably, the broker does not impose deposit or withdrawal fees, although fees from payment providers or banks may apply.

Advanced Markets is committed to providing a high-quality trading environment for both institutional and retail traders, with a strong reputation in the industry, competitive pricing, and a suite of services. However, it’s essential to consider both its strengths and limitations when making a decision about this broker.

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Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Regulation

Advanced Markets is a global forex broker that operates under the watchful eyes of various regulatory bodies across different regions. In the United Kingdom, Advanced Markets holds a license from the Financial Conduct Authority (FCA), an entity entrusted with supervising the conduct and integrity of financial firms.

For its activities in Australia, Advanced Markets falls under the oversight of the Australian Securities & Investments Commission (ASIC) under the Australian Financial Services License (AFSL) No. 444649, which is responsible for enforcing consumer protection and financial services laws. In addition to these key regions, the broker is also registered in the Cayman Islands and is jointly owned by Macquarie Americas Corp Inc., a subsidiary of Macquarie Bank, one of Australia’s largest banks.

It’s important to note that Advanced Markets lacks regulation or authorization from U.S. regulatory bodies like the CFTC, NFA, or SEC, which are necessary for legally serving U.S. clients. As a result, U.S. traders should approach offshore brokers like Advanced Markets with caution. We recommend consulting a list of regulated brokers for alternative options that can provide the necessary level of oversight and protection.

Platforms & Tools

Advanced Markets offers traders two main platforms, MetaTrader 5 (MT5) and Mobile Trading. These platforms are all about giving you direct market access (DMA) to liquidity providers, and they come with a range of features and tools to make your trading experience top-notch. Let’s take a quick look at each of them:

  • MetaTrader 5 (MT5): MT5 stands tall as one of the world’s most popular trading platforms. It’s got all the bells and whistles, including advanced charting, technical analysis tools, a slew of indicators, expert advisors, and automated trading options. Plus, you can use multiple order types, explore market depth, and utilize hedging strategies.
    MT5 Trading Platform

    MT5 Trading Platform

    Whether you prefer a desktop application, a web-based platform, or a mobile app, MT5 has you covered. Advanced Markets sweetens the deal with low spreads, reasonable commisions, lightning-fast execution, and access to a wide range of markets and instruments.

  • Mobile Trading: With Mobile Trading, you can tap into the markets from any device with an internet connection. It sports a user-friendly interface and customizable layouts to match your preferences.
    Advanced Markets Mobile App

    Advanced Markets Mobile App

    You’ve got a variety of order types at your fingertips, and real-time market data keeps you in the loop. One-click trading makes things super convenient, and push notifications ensure you never miss an opportunity. Plus, you can always check your trading history. It’s compatible with both iOS and Android devices and can be accessed via the broker’s website.

Education

Advanced Markets is a broker that offers webinars as its main educational resource for traders. The webinars are conducted by the broker’s Institutional Team, which consists of experienced professionals and experts in the financial markets. The webinars cover various topics related to trading, such as market analysis, trading strategies, risk management, and more.

The webinars are designed to provide traders with a detailed understanding of the different aspects of trading and the factors that affect market movements. The webinars are also interactive, allowing traders to ask questions and receive feedback from the Institutional Team. By attending these webinars, traders can learn from the knowledge and experience of the Institutional Team and improve their trading skills and performance.

However, the broker does not offer other educational resources, such as trading guides, e-books, or video tutorials, which may be preferred by some traders who want to learn at their own pace and convenience. The broker’s website has more information on the schedule and registration of the webinars.

Markets

Advanced Markets is a broker that offers a wide range of trading opportunities across various markets and instruments. The broker provides direct market access (DMA) to these markets, which means that you can trade directly with the liquidity providers without any intermediaries. One of the markets that you can trade with Advanced Markets is forex, which is the largest and most liquid market in the world. The broker offers over 65 currency pairs with competitive pricing and low latency. You can trade forex 24 hours a day, five days a week, with leverage up to 1:500.

Another market that you can trade with Advanced Markets is commodities, which are physical goods that are traded on global markets. The broker offers spot and futures contracts on various commodities, such as gold, silver, crude oil, natural gas, copper, etc. You can trade commodities with leverage up to 1:200. A third market that you can trade with Advanced Markets is indices, which are baskets of stocks that represent the performance of a specific market or sector. The broker offers CFDs on major global stock indices, such as the S&P 500, FTSE 100, DAX 30, Nikkei 225, etc. You can trade indices with leverage up to 1:100.

The broker also offers other markets and instruments that you can trade with. For example, you can trade spot metals, such as gold and silver, against USD and other major currencies. You can trade metals with leverage up to 1:200. You can also trade cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and other major cryptos. You can trade cryptocurrencies with leverage up to 1:10. Moreover, you can trade equities or stocks, which are shares of ownership in a company that is listed on a stock exchange. You can trade equities with leverage up to 1:20. Finally, you can trade bonds, which are debt securities that are issued by governments or corporations to raise funds. You can trade bonds with leverage up to 1:20.

Accounts

Advanced Markets offers three types of accounts for traders: Advanced Plus, Advanced Prime, and Advanced Infinite. Each account has different features and requirements, depending on the trader’s level of experience, trading volume, and risk tolerance.

  • Advanced Plus Account: The Advanced Plus account is designed for traders who are new to the forex market and are looking to start with a small initial deposit. With a minimum deposit of just $100, it provides an affordable entry point into trading. This account does not charge any commission, which can be a significant advantage for new traders who are still learning the ropes and may not have a large trading volume. The spreads start from 1.2, and the leverage goes up to 1:500, offering ample opportunities for profit. The lot size is 0.01, and the stop-out level is set at 50%. This account offers a wide range of trading instruments including Forex, Commodities, and Indices. Moreover, it is also compliant with Islamic finance principles, making it accessible to a broad range of traders.
  • Advanced Prime Account: The Advanced Prime account is a step up from the Advanced Plus account, requiring a minimum deposit of $5000. Like the Advanced Plus account, it does not charge any commission and offers spreads from 0.8. However, the leverage is lower, at up to 1:200, which may be more suitable for traders with a moderate risk appetite. The lot size remains at 0.01, and the stop-out level is 50%. The trading instruments available are the same as the Advanced Plus account, and it is also compliant with Islamic finance principles. This account is designed for more experienced traders who are ready to invest a larger amount and take on more risk for potentially higher returns.
  • Advanced Infinite Account: The Advanced Infinite account is the premium account offering from Advanced Markets. It requires a substantial minimum deposit of $20,000 and charges a commission of $30 per mill USD. However, it offers spreads from 0, which can lead to significant cost savings for high-volume traders. The leverage is up to 1:100, the lot size is 0.01, and the stop-out level is 50%. The trading instruments available are the same as the other two accounts. However, unlike the other two accounts, the Advanced Infinite account is not compliant with Islamic finance principles. This account is designed for high net worth individuals and institutional traders who have significant trading experience and are looking for premium trading conditions.

Funding

Advanced Markets provides a range of options for clients to deposit and withdraw funds from their trading accounts. These options encompass bank wire transfers, credit/debit cards, and electronic payment systems. However, it’s worth noting that the availability and terms of these methods can vary depending on the client’s location and account type. To stay informed about the latest funding options and associated fees, it’s advisable to visit the broker’s website.

  • Bank Wire Transfer: A primary funding method offered by Advanced Markets is a bank wire transfer. This method enables clients to transfer funds securely from their bank account to their trading account. While it’s a reliable choice, bank wire transfers typically take a few business days to process and may incur fees from the involved banks. It’s important to note that Advanced Markets itself does not impose any deposit or withdrawal fees for bank wire transfers.
  • Credit/Debit Cards: Advanced Markets also accepts deposits via major credit and debit cards, such as Visa and Mastercard. This method is convenient and efficient, but it may have certain limitations on transaction amounts and frequencies. Depending on the broker, fees may apply, either as a percentage of the transaction amount or a fixed sum per transaction. Comprehensive information regarding accepted card types and associated fees can be found on the broker’s website.
  • Electronic Payment Systems: Electronic payment systems like Neteller and Skrill are additional funding options that Advanced Markets may support. These systems facilitate fund transfers using email addresses or phone numbers, making for a convenient and expeditious process. Nevertheless, they too may have restrictions on transaction amounts and frequencies, with the potential for fees imposed by the broker, either as a percentage of the transaction amount or a fixed fee per transaction. The broker’s website contains detailed information regarding supported electronic payment systems and related fees.

Conclusion

In conclusion, Advanced Markets presents itself as a reputable broker with a commitment to providing both institutional and retail traders with a high-quality trading environment. Its comprehensive offerings, regulatory oversight, and diverse account options make it a viable choice for those looking to venture into the world of currency and CFD trading. However, it’s important to acknowledge that there are alternative options in the market, some with longer track records. To make an informed decision, we recommend exploring our trading brokers reviews for additional choices.

Advanced Markets Logo

$100

Advanced Markets is a respected broker serving institutional clients and retail traders, offering a platform for trading various currencies and CFDs. It falls under the oversight of the Australian Securities & Investments Commission (ASIC) under the Australian financial services license (AFSL)

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


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