Amarkets Metatrader 5 Guide, Covering Platform Access, Setup, Security, and Forex Trading Risks
This comprehensive AMarkets MetaTrader 5 guide covers everything you need to know about accessing, downloading, and using the MT5 platform with AMarkets. We cover platform access, setup, security features, trading tools, account types, fees, and the key risks of forex and CFD trading. AMarkets is a broker that offers MT5 alongside MT4, but it is important to understand its regulatory status before depositing funds[reference:0]. Always verify current terms, fees, and regulatory status directly with the official AMarkets website and your local financial regulator.
What Is AMarkets?
AMarkets is an online forex and CFD broker established in 2007[reference:1]. The broker offers trading services through MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, with servers located in multiple regions[reference:2]. AMarkets provides a range of account types — Standard, ECN, Zero, and Fixed — catering to different trading needs and experience levels[reference:3].
The broker claims to serve more than 2 million clients worldwide and has received over 30 industry awards for its services[reference:4]. AMarkets maintains physical offices in the United Kingdom, Turkey, Cyprus, South Africa, and other locations[reference:5]. However, it is important to note that AMarkets operates under offshore regulation rather than holding licences from top-tier authorities such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus)[reference:6][reference:7].
MetaTrader 5 (MT5) is a multi-asset trading platform developed by MetaQuotes Software. It is the successor to the widely popular MetaTrader 4 (MT4) and offers advanced features that appeal to both retail and professional traders[reference:8]. MT5 provides:
- More timeframes: 21 timeframes compared to MT4's 10[reference:9].
- Enhanced technical analysis: 38 built-in indicators versus MT4's 30+[reference:10].
- Depth of Market (Market Depth): View liquidity and order book depth[reference:11].
- Multi-asset support: Trade forex, stocks, commodities, indices, and cryptocurrencies on a single platform[reference:12].
- Advanced order types: Six types of pending orders, including Buy/Sell Stop Limit[reference:13].
- Built-in economic calendar: Integrated news and economic event tracking[reference:14].
- Expert Advisors (EAs) and algorithmic trading: Full support for automated strategies with the MQL5 language[reference:15].
- Improved strategy tester: Multi-currency backtesting with expanded statistics[reference:16].
- Hedging and netting systems: Flexible position accounting[reference:17].
AMarkets offers MT5 across all its account types, with the same competitive spreads and execution as MT4[reference:18].
Accessing AMarkets MetaTrader 5 is straightforward. The broker provides several versions to suit different devices and operating systems[reference:19].
Download Options
| Platform | Download Source | Requirements |
| Desktop (Windows) | AMarkets website or MetaQuotes official site | Windows 7 or later (64-bit); 1 GB RAM[reference:20] |
| Desktop (macOS) | AMarkets website (DMG file) | macOS 10.14 or later[reference:21] |
| WebTrader | AMarkets website – Web Terminal section | Any modern browser (Chrome, Firefox, Safari, Edge)[reference:22] |
| Mobile (iOS) | Apple App Store | iOS 14.0 or later[reference:23] |
| Mobile (Android) | Google Play Store | Android 8.0 or later[reference:24] |
⚠️ Important: Always download MetaTrader 5 from the official AMarkets website or directly from MetaQuotes. For mobile, use the official app stores. Avoid third-party download sites that may bundle malware or adware[reference:25].
Step-by-Step Download Instructions
- For Windows desktop: Visit the AMarkets website, navigate to the "Trading Platforms" section, and click on MetaTrader 5[reference:26]. Download the installer file (
amarkets5setup.exe) and run it[reference:27]. Follow the on-screen instructions to complete installation. - For macOS: Download the DMG file for MetaTrader 5 from the AMarkets website[reference:28]. Run the file and drag the MT5 application to your Applications folder[reference:29]. When logging in, enter "AMarkets" in the broker search field and click "Scan"[reference:30].
- For WebTrader: Log in to your AMarkets account on the website and navigate to the "Web terminal" section. No download is required – it runs directly in your browser[reference:31][reference:32].
- For iOS: Open the App Store, search for "MetaTrader 5", and install the official app by MetaQuotes. After installation, open the app and search for "AMarkets" to find the server[reference:33].
- For Android: Open the Google Play Store, search for "MetaTrader 5", and install the app. Open it, search for the AMarkets server, and log in[reference:34].
App Setup and Account Configuration
After downloading and installing MetaTrader 5, you need to set up your account and configure the platform to your preferences.
Creating an AMarkets Trading Account
Before you can log in to MT5, you need a live or demo trading account with AMarkets. If you don't have one[reference:35]:
- Visit the AMarkets website and click "Open Account".
- Choose your account type (Standard, ECN, Zero, or Fixed) and base currency (USD, EUR, RUB)[reference:36].
- Complete the registration form with your personal information (name, email, phone number)[reference:37].
- Verify your identity (KYC) by uploading a government-issued ID and proof of address[reference:38].
- Make a deposit using your chosen payment method (bank wire, credit/debit card, e-wallet, or crypto)[reference:39].
- Once approved, you will receive your MT5 login credentials (account number, server name, and password).
Logging In to MetaTrader 5
- Open the MT5 desktop or mobile application.
- Select "File" → "Login to Trade Account" (or click the login icon).
- Enter your login (account number), password, and select the correct server. For AMarkets, the live server is typically "AMarkets-Real" and the demo server is "AMarkets-Demo"[reference:40].
- Click "Login" – you will see your account balance and instruments in the Market Watch window.
Configuring Platform Settings
- Chart customisation: Adjust chart colours, chart types (candlestick, bar, line), and timeframes[reference:41].
- Indicators: Add technical indicators from the Insert → Indicators menu. MT5 offers 38 built-in indicators[reference:42].
- Alerts: Set price alerts via the Alert Manager.
- Expert Advisors: Attach EAs to charts for automated trading[reference:43].
- Language: Change the interface language in Tools → Options.
- One-click trading: Enable this feature for faster order execution.
Pro tip: Always test your setup on a demo account first before going live. AMarkets offers a free demo account to practice with MT5[reference:44].
Security Features and Data Protection
Security is paramount when trading online. AMarkets and MetaTrader 5 incorporate multiple layers of protection to safeguard your account and personal data.
Key Security Measures
- Encryption: MetaTrader uses 128-bit encryption for secure data exchange between the client terminal and the server, providing strong protection against hacking[reference:45].
- Two-Factor Authentication (2FA): AMarkets supports 2FA for the client portal, adding an extra layer of security for withdrawals and account changes[reference:46].
- Biometric Login: The mobile app supports fingerprint and facial recognition on compatible devices.
- Investor Password: MT5 allows you to create a read-only investor password for sharing your account activity without giving trading rights.
- Session Timeout: The platform automatically logs you out after a period of inactivity to prevent unauthorised access.
- Secure Login: MT5 uses a login, password, and server name combination. You can also set a master password for the platform.
Important: AMarkets is not regulated by any top-tier financial authority such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus)[reference:47][reference:48]. The broker is registered in Saint Vincent and the Grenadines, a jurisdiction known for its relaxed approach to financial regulation[reference:49]. This means that client funds are not protected by compensation schemes like the FSCS (UK) or ICF (Cyprus). Traders should be aware of this significant risk before depositing funds.
To verify any broker's regulatory status, you can check the FCA Register, ASIC Professional Registers, or CySEC Register. AMarkets does not appear in these registers[reference:50].
Trading Features and Tools in MT5
MetaTrader 5 offers a wealth of features that make it a powerful tool for traders of all levels[reference:51].
Advanced Charting & Analysis
- ✔️ 21 timeframes (from 1 minute to 1 month)[reference:52].
- ✔️ 38 built-in technical indicators (Moving Averages, RSI, MACD, Bollinger Bands, etc.)[reference:53].
- ✔️ 44 analytical objects (trendlines, Fibonacci retracements, channels, etc.)[reference:54].
- ✔️ Custom indicators and scripts.
- ✔️ Multiple chart types (candlestick, bar, line, tick, etc.).
Order Types & Execution
- ✔️ Market orders.
- ✔️ 6 types of pending orders (Buy/Sell Limit, Buy/Sell Stop, Buy/Sell Stop Limit)[reference:55].
- ✔️ Trailing stop.
- ✔️ Depth of Market (Market Depth) for liquidity insights[reference:56].
- ✔️ Fast execution (as fast as 0.03 seconds on AMarkets)[reference:57].
- ✔️ Hedging and netting position accounting[reference:58].
Additional Tools
- Economic Calendar: Integrated into the platform for tracking important news events and data releases[reference:59].
- Market News: Real-time financial news feeds.
- MQL5 Community: Access to a marketplace of trading signals, Expert Advisors, and custom indicators.
- Strategy Tester: Backtest Expert Advisors with multi-currency support and expanded statistics[reference:60].
- Copy Trading: AMarkets offers copy trading services through MT4 and MT5[reference:61].
- Multilingual Interface: Available in multiple languages.
Account Types, Spreads, and Fees
AMarkets offers several account types, each with different fee structures to suit various trading styles[reference:62].
Account Comparison
| Account Type | Minimum Deposit | Spread (from) | Commission (per lot/side) | Leverage (up to) | Best For |
| Standard | $100[reference:63] | 1.3 pips[reference:64] | $0[reference:65] | 1:1000[reference:66] | Beginners, commission-free trading |
| ECN | $200[reference:67] | 0.2 pips[reference:68] | $2.50[reference:69] | 1:3000[reference:70] | Active traders, tight spreads |
| Zero | $200[reference:71] | 0.0 pips[reference:72] | $5.50[reference:73] | 1:1000[reference:74] | Scalpers, raw spread trading |
| Fixed | $100[reference:75] | Fixed spreads | Varies | Varies | Traders who prefer fixed spreads |
Other Fees
- Swap / Overnight Fees: Overnight financing charges apply for positions held past the daily cut-off[reference:76].
- Withdrawal Fees: Some sources indicate AMarkets charges withdrawal fees[reference:77], while others state no withdrawal fees[reference:78]. Always check the current fee schedule on the official AMarkets website.
- Deposit Fees: AMarkets offers 0% commission on deposits[reference:79].
- Minimum Withdrawal: Withdrawals start at $10[reference:80].
Always check current fees: Spreads, swap rates, and other fees are dynamic and can change based on market conditions. Refer to the official AMarkets website for the most up-to-date fee information.
Regulation Status and Key Risks
Understanding AMarkets' regulatory status is critical before depositing any funds. The broker operates under offshore regulation, which carries significant risks.
Regulatory Overview
AMarkets is registered in Saint Vincent and the Grenadines, a country known for its relaxed approach to financial regulation[reference:81][reference:82]. The broker claims to hold licences from the FSA (Saint Vincent and the Grenadines), FSC (Cook Islands), MISA (Mwali/Comoros), and is a member of The Financial Commission[reference:83][reference:84].
⚠️ Critical Regulatory Warning: AMarkets does not hold licences from any top-tier financial regulator such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus)[reference:85][reference:86]. The FSA in Saint Vincent and the Grenadines has publicly stated that it does not give out licences for forex or CFD trading and does not regulate, monitor, supervise, or license international business companies that engage in such activities[reference:87].
Independent review sites have flagged AMarkets with "No Regulation" and "Suspicious Regulatory License" warnings[reference:88][reference:89]. WikiFX has noted that AMarkets works only under offshore regulation and does not have licences from any top-level regulatory bodies[reference:90].
Key Risks of Trading with AMarkets
- No Investor Compensation: Unlike FCA or CySEC-regulated brokers, AMarkets does not participate in compensation schemes (e.g., FSCS up to £85,000 or ICF up to €20,000). If the broker becomes insolvent, you have no recourse.
- Limited Legal Recourse: Offshore regulation provides limited legal protection and enforcement mechanisms.
- Withdrawal Issues: Multiple user complaints report difficulties with withdrawals, including delays, excuses about documents, and account suspensions[reference:91][reference:92].
- High Leverage Risk: AMarkets offers leverage up to 1:3000[reference:93][reference:94]. While this can amplify profits, it also dramatically increases the risk of significant losses. A small adverse price movement can wipe out your entire account[reference:95].
- Counterparty Risk: When trading CFDs, you are entering into a contract with the broker. There is no guarantee that an unregulated broker will honour its obligations.
- Mixed User Reviews: While some users report positive experiences[reference:96], others have reported significant issues with withdrawals and customer support[reference:97].
Forex and CFD Trading Risks
Even with a regulated broker, forex and CFD trading involves significant risk. AMarkets' own risk warning states[reference:98]:
⚠️ High Risk of Loss: "If the market moves against the Client, he may suffer losses ranging from the initial invested capital to any additional funds deposited by the Client to maintain open positions."[reference:99]
Trading CFDs and Forex involves a high level of risk and is not suitable for all investors. Leverage means that the level of risk is significantly greater compared to many other financial instruments[reference:100].
Additional Risks to Consider
- Leverage Risk: AMarkets offers leverage up to 1:3000[reference:101]. Leverage lets you control a larger position with a smaller deposit, which can increase profits. But it also increases losses[reference:102].
- Market Volatility: CFDs can move very quickly, especially during earnings announcements, central bank meetings, or big global events[reference:103].
- Operational Risk: Platform outages, connectivity issues, or execution delays can result in unexpected losses.
- Withdrawal Risk: As highlighted by user complaints, withdrawing funds from AMarkets can be challenging[reference:104].
For more information on trading risks, consult the BIS (Bank for International Settlements) publications on foreign exchange, the CFTC's retail forex education materials, and the FCA's investor alerts.
Common Mistakes to Avoid
- ❌ Assuming AMarkets is regulated by a top-tier authority: AMarkets does not hold FCA, ASIC, or CySEC licences[reference:105]. It operates under offshore regulation only.
- ❌ Ignoring the "No Regulation" warnings: Independent review sites have flagged AMarkets with "No Regulation" and "Suspicious Regulatory License" warnings[reference:106]. These should not be ignored.
- ❌ Using excessive leverage: Leverage of 1:3000 can wipe out an account in minutes. Use lower leverage and prioritise capital preservation.
- ❌ Not using stop-loss orders: Trading without a stop-loss is one of the fastest ways to lose your entire account.
- ❌ Not completing KYC verification: Delaying identity verification can prevent withdrawals. Complete verification as soon as you open the account.
- ❌ Chasing losses: Trying to recover losses by increasing trade sizes or using higher leverage is a dangerous habit that often leads to even larger losses.
- ❌ Overlooking withdrawal complaints: User reports of withdrawal issues are a significant red flag. Research thoroughly before depositing large amounts[reference:107].
- ❌ Trading news events without preparation: News-driven volatility can cause wild price swings and slippage. Avoid trading during major news releases unless you have a clear strategy.
Practical Scenario
Scenario: Alex, a trader in Southeast Asia, decides to try AMarkets after reading about its low spreads and MT5 platform. He opens a Standard account with a $100 deposit and downloads MetaTrader 5. He practices on the demo account for two weeks, learning the platform and testing various indicators. He then starts trading EUR/USD with a leverage of 1:100, setting a stop-loss on every trade and risking only 1% of his account per trade. After a month, he makes a small profit. However, when he requests a withdrawal of $50, he encounters delays and is asked to submit additional verification documents. After multiple follow-ups, he finally receives his funds after three weeks. He decides to close his account due to the withdrawal difficulties and the broker's lack of top-tier regulation.
Key takeaway: While AMarkets offers competitive trading conditions and a powerful MT5 platform, the broker's offshore regulation and reported withdrawal issues present significant risks. Traders should carefully consider whether these risks are acceptable and always verify the regulatory status of any broker before depositing funds.
Frequently Asked Questions
Does AMarkets offer MetaTrader 5?
Yes, AMarkets provides MetaTrader 5 (MT5) alongside MetaTrader 4 (MT4)[reference:108][reference:109]. The platform is available for desktop (Windows and macOS), web, and mobile devices.
Is AMarkets regulated?
AMarkets is registered in Saint Vincent and the Grenadines and claims to hold licences from several offshore regulators[reference:110]. However, it does not hold licences from any top-tier financial regulator such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus)[reference:111].
What is the minimum deposit for AMarkets MT5?
The minimum deposit is $100 for Standard and Fixed accounts, and $200 for ECN and Zero accounts[reference:112].
What leverage does AMarkets offer?
AMarkets offers leverage up to 1:3000 on ECN accounts, and up to 1:1000 on Standard and Zero accounts[reference:113][reference:114].
Does AMarkets charge withdrawal fees?
Information on withdrawal fees is mixed. Some sources indicate AMarkets charges withdrawal fees[reference:115], while others state there are no withdrawal fees[reference:116]. Always check the current fee schedule on the official AMarkets website.
What trading platforms does AMarkets offer?
AMarkets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its own mobile trading app[reference:117][reference:118].
Is AMarkets safe for beginners?
AMarkets offers user-friendly platforms and low minimum deposits, which may appeal to beginners. However, the broker's offshore regulation and reported withdrawal issues present significant risks. Beginners should exercise extreme caution and consider whether the risks are acceptable.
What are the common withdrawal issues with AMarkets?
Common issues reported by users include withdrawal delays, requests for additional documents, account suspensions, and excuses for not releasing funds[reference:119][reference:120].