AM Markets Journal (Broker out of business)

Journal status: closed
AM Markets out of business
AM Markets Profile
Website
www.ammarkets.com
Year
2021
Country
Canada
Branches
1
Regulation
not regulated
Registration
FINTRAC Canada
Investor protection
Fund protection
...
Publicly traded
no
Restricted in
Not serving
х Iran, Israel, US
Broker type
MM
Dealing book
A+B hybrid book
Tier
3
Execution speed
...
LPs total
...
LPs quality
Tier-1 Banks, Tier-2 PoPs
LPs names
...

AM Markets Accounts
MM
Minimum Deposit
100 $
Leverage
500 : 1
Minimum Lot
...
EURUSD spread
1.6 pips
Commission
0 $/lotRT
Volume
...
Margin Call
80 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is AM Markets safe?

  • Investor protection: ...
  • Regulation: not regulated
  • Registration: FINTRAC Canada
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is AM Markets trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • AM Markets website: uninformative, updated ★★
  • AM Markets popularity (by visitor count): low visits ★★

How AM Markets works



Our multi-bank quote terminal brings you competitive quotes and high quality transaction speed execution, as well as more flexible leverage options.

Rather than hedge each order individually and "inject" it directly into the international market (commonly known as STP), we may set a price at which the risk is controllable and counter-trade with the client. In some cases, a customer's order is "hedged" with the same amount of trade being passed on to the international trading market by the flow provider, thereby reducing the risk of the customer placing an order in the opposite direction of the market. We monitor the docking system between the customer and the flux provider in real time, monitor and correct abnormal quotation at any time to ensure the stability and reasonable of the quotation system. These anomalies are common for very large orders for specific currencies and equity indices, resulting in a single liquidity provider unable to complete the undertaking. In an effort to mitigate counter-party risk, AM Markets has selected tier 1 and Tier 2 traffic suppliers as our partners.


2.31.8. Agency status
In any circumstances in which we act as your agent you will be bound by our actions. These circumstances may include but not be limited to our dealing with a third party on your behalf or arranging for a third party to receive or hold your money. Nevertheless, none of the Services shall give rise to any fiduciary or equitable duties which would prevent or hinder us or any Associated Company in transactions with or for you, including program trades, acting as both market maker and broker, or acting as agent in dealing with other associates or clients and obtaining a profit from any such activity.

2.14.3 If your account has a negative cash value for any reason, including but not limited to, the closure of your positions under term 2.17, or termination of this Agreement, that negative cash value represents a debt owed to us which is due and payable immediately.



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