AMarkets is a multi-asset class broker offering trading on Forex ECN, Commodities, Cryptocurrencies, Bonds, Metals, Indices and U.S Equity CFDs, across MetaTrader 4/5 and MetaTrader 4/5 for Desktop, Web and Mobile on Android and iOS.
TradeStation is a US broker with a long history dating back to 1982. Its parent company, the Monex Group is listed on the Tokyo stock exchange. TradeStation is considered safe as it is regulated by a top-tier regulator, the US FINRA. Clients are eligible for the SIPC investor protection scheme which offers up to $500,000 (cash up to $250,000) per account.
|#||Broker's Features||TRADESTATION Availability||AMARKETS Availability|
|#||Accepts US traders||✔||❌|
|#||24 hour trading||❌||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||✔||✔|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare TradeStation vs Amarkets.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. TradeStation offers Online Financial Trading and Investment Services Such as N/A, while Amarkets offers Stocks, Currency pairs, Bonds, Precious metals, Cryptocurrencycurrency and more.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. TradeStation is DMA, while Amarkets is N/A.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. TradeStation is regulated by CFTC, FCA, NFA, SEC, while Amarkets regulated by Not regulated. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. TradeStation offers USD, EUR, GBP, AUD, CAD, HKD, SGD, CHF, and JPY. different account currencies for each account types, while Amarkets offers account currencies.
Languages Available: Next lets have a look at each broker's different Language options. TradeStation offers Languages:English, while Amarkets offers Arabic, English, Farsi, Russian, Ukrainian Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. TradeStation offers Bank Wire Transfer different payment methods for each account types, while Amarkets offers Credit/Debit Cards, Skrill, Webmoney, Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, TradeStation makes Proprietary available to clients, while Amarkets offers MT4, MT5.
Objectively, Amarkets is more reliable based on our criteria above. Only Amarkets Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Amarkets offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Amarkets has a wider range of languages in which customer service is offered making the broker more accessible.
TradeStation Global deposit and withdrawal can be improved. It is not user-friendly and you can use only bank transfer. The account opening is complicated and there is a $1,000 minimum account balance. The available web trading platform is not advanced.