Advanced Markets is a brokerage company located in the Cayman Island.
The company is not regulated (as it usually is) by any Caymanian agency, but regulated by the Australian Securities and Investments Commission (ASIC).
Advanced Markets accepts institutional clients from all over the world, excluding USA and some countries where restrictions apply.
Brokerage company offers the following underlying assets for trading.
|60+ Currency Pairs||Based on major and minor world currencies.|
|8 Crypto Pairs||Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Stellar, EOS, NEO.|
|14 Indice CFDs||Based on baskets of different blue-chip stocks and US Dollar Index.|
|6 Metal CFDs||Based on Gold and Silver.|
|5 Energy CFDs||Based on Crude Oil (WTI, Brent) and Natural Gas.|
|40+ Stock CFDs||Based on shares of US companies.|
Advanced Markets is a wholesale forex & CFD brokerage company based in the Cayman Islands, but regulated in Australia by the reputable regulator known as the Australian Securities and Investments Commission (ASIC).
Unlike most other forex brokers we have reviewed here on FX-List, Advanced Markets is a company that only serves other brokers and institutional clients, hence the term ‘wholesale’. Examples of the type of institutional traders that are accepted by Advanced Markets includes fund managers, professional high frequency & algorithmic traders, and other types of professional money managers.
It is, in other words, not possible to trade with this broker as a private individual.
For entrepreneurs looking to set up their own forex broker, however, Advanced Markets may be a good place to start. The company offers an end-to-end solution for anyone who is setting up a new forex and CFD brokerage with the MetaTrader 4 or 5 (MT4 & MT5) platforms, including customized branding of the trading platform.
In addition, entrepreneurs setting up their brokerage with the help of Advanced Markets also get access to the Fortex 5 & 6 reporting software, which can be conveniently linked with MetaTrader 4. Fortex is an advanced software suit that provides important insights into DMA (direct market access) liquidity and real-time position and margin monitoring of clients.
The assets that are available from Advanced Markets includes a large selection of major, minor, and exotic FX pairs with varying margin requirements, CFDs based on a fairly large number of stock indices from around the world, single stock CFDs from about 40 US-listed companies, as well as CFDs based on commodities such as gold, silver, oil, and natural gas.
In addition, Advanced Markets also offers trading in CFDs based on 8 cryptocurrency pairs for “qualified clients.” As usual when we talk about crypto CFDs, these are instruments that can only be traded during normal forex trading hours on weekdays, and that comes with a daily 10-minute trading break between 16:55 and 17:05 EST time.
The maximum amount of leverage available for forex trading through Advanced Markets is 1:100, otherwise known as a 1% margin requirement. More volatile forex pairs, however, have higher margin requirements.
As its liquidity providers, Advanced Markets has partnered with a range of top-tier international banks such as J.P.Morgan, Bank of America, and Barclays. Additionally, the two major investment banks UBS and Standard Chartered are designated as “Prime Brokers” for Advanced Markets.
For institutional traders and new brokers interested in entering into a partnership with Advanced Markets, the company can easily be contacted via phone, email, or live chat on its website. The wholesale forex broker accepts clients from all over the world, with the usual exception of the United States and a few other countries.
In conclusion, we believe Advanced Markets is among the best places to start for anyone looking to set up their own forex & CFD brokerage with the MetaTrader 4 or 5 as their trading platforms. Considering that its range of trading instruments covers all major asset classes except bonds, it appears that Advanced Markets really have tried to go the extra mile to satisfy all hopeful forex broker entrepreneurs out there.