Abstract:A2Markets is allegedly a forex broker registered in Canada that claims to provide its clients with over 2,100 tradable assets with leverage up to 1:200 and high spreads of 5.3 pips on the MetaTrader4, MetaTrader5 and web trader trading platforms, as well as a choice of six different live account types and 24/7 customer support service.
General Information & Regulation
A2Markets is allegedly a forex broker registered in Canada that claims to provide its clients with over 2,100 tradable assets with leverage up to 1:200 and high spreads of 5.3 pips on the MetaTrader4, MetaTrader5 and web trader trading platforms, as well as a choice of six different live account types and 24/7 customer support service. Here is the home page of this brokers official site:
As for regulation, it has been verified that A2Markets does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.28/10. Please be aware of the risk.
Market Instruments
A2Markets advertises that it offers access to a wide selection of over 2,100 assets across forex, stocks, indices, commodities and ETFs.
Account Types
A2Markets claims to offer six types of trading accounts, namely Standard, Silver, Premium, VIP, Exclusive and Pro. The minimum initial deposit amount is $200 for the Standard account, while the other five account types have much higher minimum initial capital requirements of $1,500, $5,000, $10,000, $20,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Leverage
A leverage ratio of up to 1:200 is offered by A2Markets. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads
A2Markets offers EUR/USD spread as high as 5.3 pips, which is much higher than the average industry of 1.5 pips.
Trading Platform Available
Platforms available for trading at A2Markets are said to be the leading MetaTrader4, MetaTrader5 and a web trader. However, no MetaTrader can be freely accessed from their website. The web-based trading platform is as the below screenshot shows.
In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
A2Markets appears to accept deposits via Fasapay and Skrill. The minimum initial deposit requirement is said to be $200. Fasapay deposits require 1 hour while Skrill deposits take up to 1 business day to be processed. However, the interface of withdrawals seems to be the same as the deposits.
Bonuses
A2Markets also claims to offer various bonuses. However, the bonus can only be withdrawn when you reach a huge turnover-the bonus amount divided by two.
In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.
Customer Support
A2Markets customer support can be reached by telephone: +1 (782) 640-2201, email: support@a2markets.com, live chat or send messages online to get in touch. Company address: 100 W 33rd Street, NY, USA.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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