Advanced Markets Review

Advanced Markets LLC is one of those many companies which have entered the forex market recently and have carved a niche for themselves. The company was established in the year 2006 and has been into online trading since then. They have their office in United States of America and are well regulated by CFTC and NFA which is a regulating authority of USA. The laws in America related to Forex trading is very strict and this adds security and reliability to the company. They allow traders from United States to trade from their account. The payment option offered by the company to the customers is check and wire transfer. Though the payment options are limited Advanced Markets makes sure that it is easy and hassle free. They allow only United States Dollar as the account currency. Their website is very informative and is available only in English. They also offer many bonuses to their clients. They offer PAMM, LAMM and managed accounts to their clients along with Standart account.

The demo account is made available to the traders free of cost and the trading platform used is in house trading platform “Advanced Trader”. The platform has a very easy and friendly users interface. They provide many features which help them trade successfully. They also allow scalping and hedging which helps the trader in gaining profit. The minimum amount required to open an account with them is $2500 and the minimum position size is 0.1 Lot. The minimum deposit required is very high and is a concern for many small time traders. They offer 36 currency pairs to the traders to trade in and they do not offer any other trading instrument to their clients. The customer support service is available through email, office, phone and web form in English.

The reviews help in finding the truth about the quality of service offered by the company. Advanced Markets have many happy customers and many reviews speak about the low spread and the execution of the trade is very fast. This is considered a good broker for all those who like to scalp. Many like it being registered with CFTC and NFA. They offer to the traders Direct Market Access also known as STP or Straight through Process model. Many like the fact that all the trades and orders are sent directly to the bank. They have a fixed spread and the minimum spread is 0.9 Pips which helps them get more profit. However, a few cons mentioned in the reviews are that they offer only Forex as trading instrument. The payment option is only check and wire transfer and also the account currency offered to the company is only United States Dollar. Their website is available only English which is also a concern. The customer support service is available only in English and is a concern for all those traders who do not know English. However, the overall rating given by various users is 5.3 out of 10.

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