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Advanced Markets was established in 2006. The company’s activity is regulated by ASIC and NFA. The head office is located in Charlotte, North Carolina. The broker is registered on the Cayman Islands.
Advanced Markets provides its clients with real liquidity, credit and technological solutions for the direct access to currency markets, energy markets as well as to precious metals and CFDs markets. Institutional clients from all over the world can make use of the broker’s wholesale services. Thus, trading and primary brokerage solutions are available for banks, hedge funds, commodity trading consultants, corporations, and other institutional market participants. While the company offers solutions for wholesale and corporate clients, retail traders can also benefit from the broker's reliability, Prime of Prime credit solutions, and direct access to multi-asset banking, non-banking, and ECN liquidity at narrow spreads.
Trading conditions
Advanced Markets is an ECN broker. To start trading, the company’s clients should deposit at least $2,500. The broker offers only one trading account type. Newbies have an opportunity to open a demo account to test the company’s services without any risks. The company’s clients may choose from various trading instruments such as currency pairs, precious metals, and CFDs. Leverage for currency pairs is 1:100. However, it changes depending on a trading instrument and volume of trade. To open an account, traders should submit an application for the registration.
Trading platform
Deals can be performed via such trading platforms as UltiMT Platform and Fortex 6. UltiMT Platform is known for the fast order execution, a vast amount of operational advantages, and impressive performance. Fortex 6 is compatible with all desktop devices. Traders can also carry out technical analyses and use charts without installing additional applications.
Support service
Advanced Markets offers its clients round-the-clock support. Traders can contact the support service by means of the telephone number or fax. Those who need a rapid answer may use the Chat available on the official website. Besides, traders may fill in the Get in touch form.
Deposit and withdrawal
Traders can top up their accounts only by means of wire transfer. To deposit and withdraw funds, the company’s clients need a valid checking or savings account number and a routing number.
Comments left by traders
There are a lot of positive comments about Advanced Markets. Some of them are written by beginning traders. The company’s clients emphasize quick withdrawal of funds and support.
Advantages and disadvantages of the company
Pros:
- regulated and licensed broker;
- wide array of trading instruments;
- advanced trading platforms;
- demo account;
- competitive spreads.
Cons:
- big minimum deposit;
- only one way to withdraw funds;
Conclusion
Advanced Markets provides both private and commercial clients with direct access to the precious metals, CFDs, and spot markets. The company has over 40 thousand clients in more than 30 countries. Traders should remember that trading in the forex market may pose risks. That is why it is recommended to take a close look at the company’s terms and conditions. Advanced Markets requires a large minimum deposit. It means that traders may suffer significant losses.
