“Amarkets; Best Copy-trading platform makes forex trading a lot easier
If you consider making trading your additional source of income or even build a trading career, you need to choose a reliable broker first. Among the key criteria for selecting a broker should be its presence in your country.
Forex trading has become extremely popular nowadays. It is an excellent source of extra income. If you live in Nigeria and think about trying your hand at trading, you need to choose a reliable broker first. Among the key criteria when choosing a broker is its presence in your country of residence. AMarkets, for example, is an international Forex broker with two representative offices in Nigeria and vast experience in working with Nigerian clients. So, why AMarkets?
In this article, we’ll tell you more about this broker and its trading conditions so that you could make up your mind.
AMarkets has been providing trading and investment services since 2007, offering more than 250 trading instruments such as currency pairs, CFDs, metals, bonds, stocks and commodities. AMarkets uses advanced liquidity aggregation technologies, provides direct access to the interbank market (STP, ECN mechanisms) and ensures ultra-fast order execution. When it comes to certain trading strategies (scalping, for example), the execution speed can be extremely important. AMarkets executes its clients’ trades in a blink of an eye. The broker can boast the highest execution speed in the industry – just 0.03 seconds.
Speaking of order execution. To ensure transparency and demonstrate that order execution at AMarkets is compliant with best execution standards, the broker regularly completes an order execution audit with Verify My Trade (VMT). VMT assesses the quality of order execution, providing unbiased information for brokers and their clients, thus encouraging fair play in the forex market. VMT analyzes the trading history on a monthly basis. Every client can get access to the audit data.
The broker offers 3 types of trading accounts: Standard, Fixed, and ECN with both instant and market execution, which meets the needs of both beginner and professional traders. Check out this link https://www.amarkets.com/trading/ to learn more about these account types and choose the one that suits you best. AMarkets website also contains a comprehensive knowledge base with a special section of video tutorials and trading tips available to all novice traders. So, if you’re taking your first steps in financial markets, you should definitely browse through this section.
Every reliable broker should confirm its reliability and business success. AMarkets participates in various industry-related events and exhibitions. The broker has won a number of prestigious international awards and nominations over the years. Not long ago, AMarkets once again proved its leading positions in the industry by adding two more valuable awards to its shelf – the Best Copy-trading platform Nigeria and the Best Affiliate Program Nigeria 2021 at the International Business Magazine Awards.
The broker holds various contests and promotions on a regular basis. Among the most popular offers among traders is the Cashback program. This is a multi-tier loyalty program that allows clients to return part of the spread back to their trading accounts. The cashback rate depends on the client’s level in the program. With each new level, the rate increases. So, the more you trade, the more cashback you get from your trades.
If you don’t have enough expert knowledge to trade on your own yet, you can become an investor with the AMarkets RAMM copy trading service (Risk Allocation & Money Management). It allows you to earn in the financial market by following the strategies of experienced traders and copying their trades to your investor account. Simply select a suitable strategy from the Strategy rating and start copying its trades.
The Strategy rating is regularly updated with more and more profitable strategies added to the least every day. Information on each strategy contains its profitability, age, the number of followers, etc. The service can also be beneficial for skilled traders who can create their own strategies and earn extra income from investors’ fees.