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Trade Forex Review: Advanced Markets Broker Analysis
Introduction
Trade Forex, a leader in forex broker ratings, presents an in-depth analysis of Advanced Markets, a brokerage company registered in the Cayman Islands. Co-owned by Macquarie Americas Corp Inc., a subsidiary of Macquarie Bank, Advanced Markets boasts significant capitalization and a global client base.
Business Model Overview
Direct Market Access (DMA) Approach
Advanced Markets operates on a Direct Market Access (DMA) model, fostering a transparent and secure trading environment. This approach is tailored to serve institutional clients, offering transaction execution solutions and primary brokerage services to a diverse clientele, including banks, hedge funds, commodity trading consultants, and corporations.
Benefits for Traders
Traders can leverage the high reliability of Advanced Markets, which includes Prime of Prime credit solutions and direct access to ECN banking and interbank liquidity. This setup ensures narrow, competitive spreads, guaranteeing efficient market positioning.
Risk Management
Client positions are instantly transferred to liquidity providers, with the broker not assuming any market risks. This model enhances security for client investments.
Regulatory Compliance
Advanced Markets LTD
Formed as a Corporation in the Cayman Islands, Advanced Markets LTD (“AMLTD”) offers a broad product range. Despite its offshore location, it operates under the Australian financial services license ASIC, applicable only to Australian financial services.
Client Protection Measures
Funds Segregation
Client funds are segregated in compliance with regulatory requirements, stored in internationally recognized banks such as Bank of America, Citi, Macquarie Bank, and Deutsche Bank.
Leverage and Trading Conditions
Standard Leverage
The standard leverage for major currency pairs is set at 1:100. This may vary for other instruments or trading volumes.
Trading Accounts
Institutional Focus
Advanced Markets caters predominantly to wholesale and institutional clients. Retail traders are advised to explore options like RoboForex broker.
Commissions and Fees
Tailored Solutions
Commission structures are client-specific, with standard pricing based on spreads and a $20 commission per million US dollars. These rates can be negotiated based on trading volumes.
Trading Platforms
Diverse Options
The broker offers a mix of proprietary and leading market technologies, including MT4, MT5, and the customizable DMAhub trading platform developed in partnership with First Derivatives. The Fortex 5 and Fortex 6 platforms provide instant access to liquidity.
Trading Instruments
Broad Access
Clients have access to foreign exchange, energy, precious metals, and CFD markets.
Account Requirements
Minimum Deposit
The minimum deposit to open an account is $2,500.
Conclusion
Broker Evaluation
Advanced Markets stands out with its competitive Multibank prices, low latency, transparency, and anonymity in ECN service. It’s a robust choice for institutional traders seeking stable interbank liquidity, coupled with advanced trading platforms and tools.
Client Feedback
We value your opinion on Advanced Markets and encourage reading reviews for a comprehensive understanding.
General Information Table
Aspect | Details |
---|---|
Broker Name | Advanced Markets |
Year of Foundation | 2006 |
Headquarters | Cayman Islands |
Regulation | ASIC |
Trading Platforms | MT4, MT5, DMAhub, Fortex 5, Fortex 6 |
EURUSD Spread | Spread + $20 commission per million US dollars |
Demo Account | Available |
Minimum Deposit | $2,500 |
Base Currency | EUR, USD, AUD |
Maximum Leverage | 1:100 |
Assets | Currency pairs, energy, metals, CFDs |
Deposit Replenishment | Bank Transfer |
Withdrawal Fee | Applicable |
Inactivity Fee | Not Applicable |
Islamic Accounts | Not Available |
Segregated Account | Yes |
Affiliate Account | 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 |
24/5 Support | Available |
For detailed requirements for wholesale customers, please visit Advanced Markets’ official website. For retail traders, Trade Forex’s broker rating offers various options.