Abstract:Advanced Markets is a Forex broker with limited deposit options and a high minimum deposit requirement. They are licensed by ASIC but have concerns about regulation in other jurisdictions. The lack of educational resources and limited customer support are also drawbacks. Traders have reported execution issues, and their ownership structure raises transparency questions. Caution is advised when considering Advanced Markets as a trading partner.
Advanced MarketsReview Summary | |
Founded | 2005 |
Registered Country/Region | United Kingdom |
Regulation | Suspicious Clone |
Market Instruments | Forex, Metals, Commodities CFDs, Indices, Stocks, Cryptocurrencies |
Demo Account | ❌ |
Leverage | / |
Spread | / |
Trading Platform | MT4, MT5, Fortex 5 |
Min Deposit | / |
Customer Support | Email: tradesupport@advancedmarkets.com |
Social Media: Instagram, Youtube, Facebook, Linkedin |
Advanced Markets, incorporated in the UK in 2005. It offers Forex, Metals, Commodities CFDs, Indices, Stocks, Cryptocurrencies, and a total of three trading platforms including MT4 and MT5. At present, Advanced Markets have been judged by the FCA to have a regulatory status of suspected cloning.
Pros | Cons |
MT4 and MT5 are supported | Abnormal regulatory state |
Long established | Limited information available |
Regulated Country/Region | |
Regulated Authority | FCA |
Regulated Entity | Advanced Markets (UK) Limited |
License Type | Investment Advisory License |
License Number | 777739 |
Current Status | Suspicious Clone |
Advanced Markets offers asset classes such as forex, commodity CFDs including oil, gold, and silver. In addition, there are indices from the US, UK and Germany, trading metals including gold and silver, stocks, as well as cryptocurrencies including BTC, ETH and LT.
Tradable Instruments | Supported |
Forex | ✔ |
Metals | ✔ |
Commodities CFDs | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
ETF | ❌ |
Advanced Markets offers trading platforms including MT4, MT5, Fortex 5, which are available on the desktop.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop | Beginner |
MT5 | ✔ | Desktop | Skilled traders |
Fortex 5 | ✔ | Desktop | All traders |
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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1