Advanced Markets

Item: Advanced Markets
Rating: 3.0

Trust score: 3/10
Legal simplicity: 4/10
Min. deposit: 2500
Regulations: ASIC
Payment systems: Bank Transfers

Features

MAM terminal
Segregated accounts
ECN accounts
Affiliate program
Wide range of trading instruments

Pros

MAM terminal for managed accounts

Cons

No notable drawbacks identified

Updated: July 29, 2026

Advanced Markets is a Cayman Islands-registered forex and CFD broker operating on a Direct Market Access (DMA) model, co-owned by Macquarie Americas Corp Inc., a subsidiary of Macquarie Bank. It targets institutional and wholesale clients — banks, hedge funds, commodity trading advisors, and corporations — with Prime of Prime liquidity and ECN execution rather than a standard retail account. Its ASIC license applies only to services provided to Australian clients; the broker's core Cayman Islands operations sit outside that license.

Advanced Markets is an institutional-focused DMA/ECN broker offering a MAM terminal, segregated accounts, and a broad range of tradable instruments.

Advanced Markets is a Cayman Islands-registered forex and CFD broker built for institutional and wholesale clients rather than retail traders. It operates on a Direct Market Access (DMA) model and is co-owned by Macquarie Americas Corp Inc., a subsidiary of Macquarie Bank.

Direct Market Access business model

Advanced Markets routes client orders straight to liquidity providers instead of taking the other side of trades itself. This DMA setup targets banks, hedge funds, commodity trading advisors, and corporations, offering execution services and prime brokerage rather than a typical retail dealing desk.

The broker provides Prime of Prime credit solutions and direct access to ECN and interbank liquidity, aiming for narrow, competitive spreads. Client positions pass instantly to liquidity providers, so Advanced Markets does not take on market risk from client trades.

Regulation and client fund protection

The trading entity, Advanced Markets LTD (AMLTD), is incorporated in the Cayman Islands. It also holds an Australian financial services license from ASIC, though that license covers only services provided to Australian clients — the broker's core Cayman Islands operations sit outside ASIC's oversight.

Client funds are held in segregated accounts at major banks, including Bank of America, Citi, Macquarie Bank, and Deutsche Bank.

Trading conditions

Standard leverage on major currency pairs is capped at 1:100; leverage on other instruments or larger volumes may differ. Pricing is spread-plus-commission: a base spread plus a $20 commission per $1 million traded, negotiable for higher-volume clients.

The minimum deposit is $2,500 — well above what most retail brokers ask for, reflecting the broker's institutional focus.

Platforms and instruments

Advanced Markets supports MetaTrader 4, MetaTrader 5, its own DMAhub platform (built with First Derivatives), and the Fortex 5 and Fortex 6 platforms for direct liquidity access. Tradable markets cover forex, energy, precious metals, and CFDs.

Who Advanced Markets is for

The broker's product range and $2,500 minimum deposit target wholesale and institutional clients. Retail traders looking for standard-sized accounts are generally better served elsewhere; wholesale clients should confirm current terms directly on the Advanced Markets website.