Advanced Markets Forex broker review: Regulated by the heavyweights
Written by:
Written on:
1 April 2023
Last edit:
5 March 2024
Our rating:


Advanced Markets Forex broker review: Regulated by the heavyweights
Written by:
Written on:
1 April 2023
Last edit:
5 March 2024
Our rating


Please be aware that the off-exchange trading of Foreign Exchange, CFDs, Metals & Energies carries a significant degree of risk and may not be suitable for many investors.
See how Advanced Markets compares to it's closest alternatives.

Main summary

Being on the brokerage scene for more than 15 years, Advanced Markets is no newcomer to the international brokerage business sector. The broker is well-established and fairly well-regulated by reputable overseeing bodies, including UK’s FCA and Australian ASIC. The broker offers mainly Forex pairs, cryptos, commodities, and indices to their clients and is servicing both institutional and retail traders. Because of this, there are three different account types, each with different minimum deposit requirements and every trader will find something of value. It is possible to start with a fairly-low budget of just 100 USD and take the average of spreads, or jump in with $20,000 to start trading with lower spreads (from 0.0 pips). Let’s get into the nitty-gritty and examine each aspect of this broker in detail.

Pros & cons of Advanced Markets broker

  • Ability to withdraw with $0 fees
  • Instant withdrawals are possible
  • Fast and digital account opening/verification
  • Offers access to 52 Forex pairs
  • No inactivity, withdrawals, or deposits fees are charged
  • More tradable instruments would be better

Advanced Markets Fact sheet

Main features
Regulations UK, Australia
Fees on deposits 0 USD
Fees on withdrawal 0 USD
Inactivity fees 0 USD
Minimum deposit 100 USD
Minimum account activation 100 USD
Number of available assets 73
Leverage up to 1:500
Available trading markets Commodities, Cryptocurrencies, Forex, Indices
Account currencies USD
Demo account Yes
Live account types Advanced Plus, Advanced Prime, Advanced Infinite
Islamic account Yes
Negative balance protection Yes
Part of compensation fund Yes
Keeps funds on segregated bank account Yes
Forex 52
Shares 0
Cryptocurrencies 5
Indices 11
Commodities 5
Total 73
Fees & spread
Forex From 1.2 pips
Shares N/A
Cryptocurrencies N/A
Indices N/A
Commodities N/A
Platforms MetaTrader 4, MetaTrader 5
Mobile trading support Yes
Mac device support Yes
Commodities Yes
Payment systems
Payment methods Credit/Debit Card, Crypto, Perfect Money
Minimum deposit Credit/Debit Card, Crypto, Perfect Money
Minimum withdrawal Credit/Debit Card, Crypto, Perfect Money
Withdrawal processing time Instant
Time to open an account -
Show all

Safety & Security of Advanced Markets

In the UK and Australia, Advanced Markets holds regulatory licenses. The regulators are:

  • Financial Conduct Authority (FCA) - UK
  • The Australian Securities and Investments Commission (ASIC) - Australia

These are two heavyweights in the regulatory industry and keep a very close eye on license holders. The broker is a part of the investor compensation fund and stores all client money in segregated accounts. There is negative balance protection and traders won’t have to worry about losing more than their account balance in case of over-leveraged trading. 


Account types available for traders on Advanced Markets

The Three account types available at Advanced Markets are called Advanced Plus, Advanced Prime, and Advanced Infinite. Each of them comes with its own advantages and disadvantages. The most beginner-friendly account type, with a minimum deposit of $100, is called Advanced Plus and comes with basic spreads, from 1.2 pips, and no commissions on Forex trading. The leverage is also highest for Advanced Plus accounts, with a maximum of 1:500. The leverage decreases for the other account types, and minimum deposit requirements are also higher on the other accounts. For the Advanced Prime account the maximum leverage possible is 1:200, and the minimum deposit starts from $5,000, with spreads starting from 0.8 pips. There are no commissions on Forex trading. The highest minimum deposit is required on the Advanced Infinite account, starting from $20,000, leverage is 1:100, and spreads start from 0 pips; however, there is a trading commission of $30 per million traded. There is the option of switching to an Islamic account for the first two account types, but not for the Advanced Infinite account. 

Fees & commissions review of Advanced Markets

Comparing Advanced Markets fees with other brokers

Advanced Markets fees compared to Interactive Brokers fees

Type of FeeAdvanced Markets Interactive Brokers
EUR/USD SpreadFrom 1.2 pipsFrom 0.6 pips
Fees on Deposits0 USD1%
Inactivity fee0 USDNo*

*Inactivity fee was eliminated by IB in 2021, it used to be $20/m

Advanced Markets fees compared to CM Trading fees

Type of FeeAdvanced Markets CM Trading
EUR/USD SpreadFrom 1.2 pipsFrom 0.9 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 15 EUR/USD per month after 60 days of inactivity

Advanced Markets fees compared to plus500 fees

Type of FeeAdvanced Markets plus500
EUR/USD SpreadFrom 1.2 pipsVariable
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 10 USD per month after 3 months of inactivity

Advanced Markets fees compared to XM fees

Type of FeeAdvanced Markets XM
EUR/USD SpreadFrom 1.2 pipsFrom 0.6 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 15 USD after 12 months, +5 USD/m

Advanced Markets fees compared to AvaTrade fees

Type of FeeAdvanced Markets AvaTrade
EUR/USD SpreadFrom 1.2 pipsFrom 0.9 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 50 USD after 3 months, 100 USD administration fee after a year

Advanced Markets fees compared to fees

Type of FeeAdvanced Marketshilite]
EUR/USD SpreadFrom 1.2 pipsFrom 0.9 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 50 USD after 3 months, 100 USD administration fee after a year

Trading platforms and mobile trading reviewed at Advanced Markets

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are both offered by Advanced Markets. The broker also offers traders the ability to access trade signals and perform copy trading directly from their customized versions of the MT4 and MT5 trading platforms. Both platforms are available to download on both desktop and mobile. MT4 and MT5 are known for their advanced features, including inbuilt and custom indicators and automated trading capabilities. 

Education and research tools offered by Advanced Markets

Educational materials are limited and the broker is more focused on delivering quality trading terms rather than educational materials. There are also no market research tools to assist traders, and traders will have to equip themselves with tools from other sites. The newsroom offered by the website covers only company and general Forex institutional news, which won’t aid traders much in doing analyses. 

Customer support of Advanced Markets

Support is available through several channels 24/5 and offers responsive and knowledgeable answers to all questions that may have been asked by traders. During our research, we asked several questions and support was polite and in answering everything with due diligence. Other forms of support, apart from live chat, include phone calls, email, social media network pages, and visiting their offices. It is also possible to leave a message to the broker through an online form. Unfortunately, there are only two languages supported on their website.


Having more than 15 years of experience on the brokerage scene, Advanced Markets is a regulated Forex broker that comes with a decent track record. The broker is regulated by the FCA and ASIC from the UK and Australia respectively. Advanced Markets offers a range of account types for both retail and institutional clients with competitive spreads and commissions. The entry-level account is called Advanced Plus, and the minimum deposit is just $100. With a minimum spread of 1.2 pips and zero commissions. Other account types are requiring substantially more capital but offer lower spreads. Leverage also changes depending on the account type, but is capped at 1:500. Educational and market research tools are limited, but customer support is wonderful with knowledgeable customer support agents available through live chat. Trading is possible from most devices through the MT4 and MT5 trading platforms. 

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FAQs about Advanced Markets

Can I withdraw funds within 24 hours of requesting it and is it free of charge?

There are several methods for withdrawing funds from your Advanced Markets account. For crypto, it takes under 24 hours to withdraw money and for Perfect Money the withdrawals are instantaneous. This is one rare occurrence where withdrawals can be made instantly, which is great. 

How can I make sure the broker is regulated?

There are a few ways of checking if the broker is regulated. You can visit the broker's page and find their license number, and then head to the regulator's page and insert the license number to search under their regulated companies. Checking if the broker is truly regulated is very important before depositing your money.

Is Advanced Markets a trustworthy broker?

Since the broker is regulated by two top-tier reputable regulators, namely the UK’s FCA and Australia’s ASIC, it is sure that the broker’s conduct will be trustworthy. Both the FCA and ASIC are very strict and will act immediately if a license holder strays from the path.