Advanced Markets
Published: Updated:
- Trust score
- 3/10
- Legal simplicity
- 4/10
- Min. deposit
- 2500
- Payment systems
- Instruments
- Forex, Metals, Indices, Commodities, Energies
- Legal entity
- Advanced Markets Ltd
- Jurisdiction
- United Kingdom
- Fees
- Pricing is raw spread with a per-lot commission, structured for institutional and high-volume clients rather than small retail accounts. Overnight swaps apply.
- Withdrawals
- Withdrawals go by bank transfer to an account in the client's own name, normally processed within one to two business days.
- Available in
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
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.
Advanced Markets at a glance
| Aspect | Details |
|---|---|
| Broker name | Advanced Markets |
| Year founded | 2006 |
| Headquarters | Cayman Islands |
| Regulation | ASIC (Australian clients only) |
| Trading platforms | MT4, MT5, DMAhub, Fortex 5, Fortex 6 |
| EUR/USD pricing | Spread + $20 commission per $1 million traded |
| Demo account | Available |
| Minimum deposit | $2,500 |
| Base currencies | EUR, USD, AUD |
| Maximum leverage | 1:100 |
| Tradable assets | Currency pairs, energy, metals, CFDs |
| Deposit method | Bank transfer |
| Withdrawal fee | Applicable |
| Inactivity fee | None |
| Islamic accounts | Not available |
| Segregated accounts | Yes |
| Affiliate program | Available |
| Scalping | Not applicable |
| Automated trading | Available |
| Mobile trading | Available |
| Web terminal | Available |
| Social trading | Not available |
| Signals | Not available |
| VPS | Not available |
| Deposit bonus | Not available |
| Contests | Not available |
| Support hours | 24/5 |
Trading conditions
Advanced Markets is a prime-of-prime liquidity provider rather than a retail-first brokerage. Its business is supplying institutional-grade execution to brokers, funds and high-volume traders, on a straight-through processing model with no dealing desk.
For a qualifying client that means direct access to tier-one bank liquidity with FIX connectivity alongside MetaTrader, and pricing structured as raw spread plus commission.
Account minimums and qualification requirements reflect the institutional focus. This is not a broker for a first live account, and its offering makes no attempt to be one.
Verification
Onboarding is an institutional process: identity, entity documentation where applicable, source of funds and suitability assessment, taking longer than a retail signup.
Confirm which entity holds the account and under which regulator, since the group operates across jurisdictions and the protections differ. For institutional and professional clients the relevant protections are different from retail ones in any case — professional classification removes negative balance protection and the retail leverage cap.
