Head to head

AMarkets vs WM Markets

AMarkets has no licence we could confirm on a regulator's register. WM Markets has no licence we could confirm on a regulator's register. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $100 at AMarkets and $50 at WM Markets. Both offer negative balance protection. Only WM Markets offers segregated client money.

Facts last checked: AMarkets on 20 October 2026, WM Markets on 20 October 2026.

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Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Comparing
AMarkets
WM Markets

Overview

Founded
2007
Not yet checked
Headquarters
Not yet checked
Fomboni, Mwali (Comoros)
Official websites
  • amarkets.com
  • amarkets.org
  • wmmarkets.com
  • en.wmmarkets.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
No licence listed
No licence listed
No licence listed
No licence listed
Regulation level
No licence listed
No licence listed
Licence number
No licence listed
No licence listed
Clients this company serves
No licence listed
No licence listed
All licences held
None listed
None listed

Costs

Your monthly cost
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked

Leverage and margin

Up to 1:3000
Up to 1:2000 (dynamic, set per instrument)
Retail leverage by asset class
  • All account types: Up to 1:3000, depending on instrument
Not yet checked
Not yet checked
100%
Stop-out level
20% on Standard; 40% on ECN and Zero
20%

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • AMarkets app
  • Web trader
  • MetaTrader 4
  • MetaTrader 5
  • WM Markets mobile app
  • MT4 WebTrader
Markets
44 currency pairs, metals, indices, commodities, cryptocurrencies, about 400 shares and 19 ETFs (CFDs)
CFDs on forex, metals, indices, energies, commodities, treasuries, shares, ETFs and cryptocurrencies
Copy trading
Yes
Yes
Expert advisors (automated trading)
Yes
Not yet checked
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer
  • Debit or credit card
  • E-wallet
  • Local payment methods
Not yet checked
Withdrawal fee
AMarkets says deposits carry no fee; withdrawals go back to the account or card you paid from
Not published; the agreement allows transfer-related and termination fees
Inactivity fee
Not yet checked
Accounts with no trading for six months are disabled and may pay maintenance charges (amount not published)

Support

Customer support
Not yet checked
24/5 multilingual support by live chat

Our notes

Strengths
  • Three account types with negative balance protection on each
  • Commission-free Standard account; ECN and Zero accounts for raw spreads
  • MetaTrader 4 and 5, its own app and a copy-trading service
  • Negative balance protection is written into the client agreement
  • The agreement says client money is kept apart from the company's own funds
  • Says it holds a client funds insurance policy of up to $1,000,000
Watch out for
  • Says AMarkets LTD holds Mwali International Services Authority (MISA) licence T2023284; we could not confirm it on MISA's register on 2026-10-20, because the register sits behind a bot check
  • Its other companies are registrations in the Cook Islands and St Vincent and the Grenadines, not financial licences
  • No licence from a strict regulator; not available in the UK, EU, EEA or US
  • Leverage up to 1:3000 on every account
  • Says WM Markets Ltd holds MISA licence BFX2024009; we could not confirm it on MISA's register on 2026-10-20 (the register blocked automated access).
  • The agreement gives the company a lien over client assets and lets it pledge or reinvest assets held for clients
  • Leverage up to 1:2000, and payment methods and withdrawal fees are not listed on the public website
  • Inactive accounts are disabled after six months and may be charged maintenance fees that are not published

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • WM Markets: Contracts for Difference (CFD) are complex financial instruments carrying a substantial level of risk and may not be suitable for all investors, as may result in the loss of all invested capital rapidly due to leverage. You should consider whether you understand how CFDs work, your investment objectives, level of experience, risk appetite, and, if necessary, seek advice from an independent financial advisor.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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