Amenda Markets Review
Amenda Markets AS IBS is an independent investment broker and wealth management firm offering broker and asset management services as well as solutions for issues related to investments of private and corporate clients.
The added value of services provided by the Amenda Markets AS (Amenda) is to maximize customer interests. In order to achieve this, we have structured our business model so that customer interests lead to our interests. As one of our core principles to avoid possible conflict of interest, we do not engage in market making.
Amenda is proud to offer its agency model, the primary revenue source of which is trade commissions. This is how we direct our focus on our clients’ lifetime value.
We fundamentally believe that the key to extended account retention is continued growth in client assets, which serves as the driving force behind our mutual benefit. We spare no effort to maximize client potential, as we believe that our clients’ success should last forever.
We take client feedback very seriously and strive to improve our services at all times through client relations. It is truly our pleasure to be of service to you.
Typical Spread on Majors
EUR/USD | 0.1 |
GBP/USD | 0.4 |
USD/JPY | 0.2 |
- Company Info
Headquarters | Riga, Latvia |
Type of Broker | DMA/STP |
Founded | 2011 |
Regulated By | Regulated By FCMC (Latvia) |
Offices In | Latvia |
Supported Languages | English, Latvian, German, Russian, Japanese |
ESMA Regulated? | This broker is regulated within the E.U and issubject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | EUR, USD, GBP, JPY |
Minimum Deposit | $2000 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | No |
Islamic Accounts | No |
ECN / STP Accounts Offered | Yes |
Commission on STP or ECN | $3.70 / Lot |
VIP Accounts Offered | No |
Mini Accounts Offered | No |
PAMM / MAM Solutions | Yes |
API Solutions | No |
Mobile Trading | Yes |
Web Based Trading | No |
Funding Methods | Wire Transfer |
Withdrawal Methods | Wire Transfer |
- Platform Details
Platforms Offered | MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android |
NO of Pairs | 30 |
Cryptocurrency Trading | No |
Pricing Digits | 5 |
Trade off Charts | Yes |
One-click Execution | Yes |
Email Alerts | Yes |
Mobile Alerts | No |
Trading Server Time | GMT + 1 |
Demo Account Expiry | 2 Weeks |
VPS Offered | No |
- Trading Details
Dealing Desk | No |
Maximum Leverage | 125:1 |
Minimum Contract Size | 0.1 |
Execution | Market Excecution |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | No |
Option of OCO | No |
Option of FIFO | No |
Liquidity Providers | 15+ |
Negative Balance Protection | Yes |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Amenda Markets Reviews
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