Brief informationAmenda FX
Amenda Markets AS IBS is an independent investment company that provides not only brokerage services, but also asset management assistance, as well as deals with issues related to investments of private and corporate individuals. Amanda is focused on the maximum profit of its customers, therefore, it pays great attention to building a special business model for each of them. The company is registered in Latvia. For financial and brokerage activities, there are licenses from the Latvian regulator FCMC, the UK regulator FCA and the French regulator ACPR. It is a member of the Association of Baltic Financial Advisers. The company has been working in the financial and investment market since 2011.
Trading conditions
Amenda FX, as a broker, makes it possible to trade in currencies, especially euro, dollar, British pound and Japanese yen. The company provides segregation of customer accounts, that is, users’ money does not mix with the money of a financial institution. This reflects an increased reliability of deposits. There are accounts with the ECN / STP option, the commission is charged per lot and is $ 3.7. The client can also use the PAMM / MAM service.
The broker guarantees ultra-narrow spreads up to negative ones - 1.5 pips, the minimum order execution time is 0.05 seconds, low trading commissions - 0.0037% of the transaction. Amenda provides high liquidity for all trading instruments even in case of high market turbulence, which is especially important for large transactions. This is possible due to the fact that the financial institution enlists the support of more than 20 banks with permits of Tier 1 level. The larger the transaction, the lower the spread.
Trading platforms and special opportunities
Trading is carried out on a PC through the MetaTrade 4 platform. Mobile trading occurs through MetaTrade 4 iOS and MetaTrade 4 Android. If necessary, you can make trading notifications, sent by mail, available. In total, 30 currency pairs are represented for trading. Execution of an order is possible in one click. To get acquainted with the broker's features, a trader can use a demo account, which expires two weeks after opening. When contacting technical support, one must remember that the working hours, indicated on the site, correspond to the first time zone.
Replenishment and withdrawal of funds
To start trading, you need to register and make a deposit into your account in amount of $ 200. But such a start is provided only if you are a resident of Europe. Otherwise, the minimum deposit is $ 2000 for a personal account. If you are the owner of a corporate account, then for you the minimum deposit will be $ 5000.
Withdrawals are possible through bank transfer. The commission is 15 euros if the client’s bank does not charge additional funds. The withdrawal process takes 2-5 business days. The minimum rate is 200 euros or the equivalent in other currencies. In the near future, Amenda FX promises to introduce the ability to withdraw funds to credit / debit cards through China UnionPay.
Conclusion
Amenda Markets AS IBS makes an impression of a serious broker and investment adviser. Although the range of assets, available for trading, is small the company makes it clear that it is fully focused on enriching the client. However, there are both positive and negative feedbacks on the organization in the network, therefore, if you are determined to open an account with this broker, we strongly recommend you to read the terms of cooperation carefully.
