AMarkets operates as an offshore CFD broker, while Pionex is a MAS-licensed native crypto exchange. The debate centers on regulation, fees, and automated trading capabilities.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose AMarkets if you want 24/5 live chat and advanced charting.
Choose if…
Choose Pionex if you want MAS licensing and flat 0.05% maker/taker fees.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.3/ 5 | 4.0/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 0 pips | N/A |
| Taker Fee | 6.00% | 0.05%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | AMarkets | Pionex |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Pass |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Fail | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
Pionex rates 4/5 versus 3.3/5 for AMarkets. Pionex edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
AMarkets lists a spread from 0. Current spread data is not available for Pionex. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Pionex has no minimum deposit, while AMarkets requires at least $100. This makes Pionex more accessible for traders looking to start with a smaller crypto investment.
AMarkets is regulated by SVGFSA. Pionex is regulated by MAS. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, Pionex has no minimum deposit, removing the capital barrier entirely. Both exchanges otherwise share similar beginner-facing criteria in our data. Also compare demo account availability and educational resources on each exchanges's site.
AMarkets offers up to 2:1 on perpetual or margin products, versus Pionex's 5:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Pionex charges $0.05 per trade, lower than AMarkets's $6 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while Pionex supports Proprietary Web/Mobile. AMarkets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Pionex has exclusive access to Proprietary Web/Mobile.
Pionex scores higher on security criteria, with cold storage. For crypto, cold storage and proof of reserves are key indicators that client assets are protected against exchange failure or hacks.
Pionex scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
Pionex wins for security due to MAS licensing, offering stronger regulatory oversight than AMarkets' offshore regime.
Pionex has flat 0.05% maker and taker fees, delivering lower ongoing trading costs.
Pionex lists 300 coins versus AMarkets eight, broadening altcoins exposure.
Pionex is beginner-friendly with zero minimum deposit and built-in bots.
Equally matched; neither offers DeFi access or staking.
| 0.6 pips |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyCrypto | CryptoBank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyCrypto | CryptoBank transfer |
|---|
| Withdrawal Fee | Free | Network fee only |
|---|
| Regulators | SVGFSA | MAS |
|---|
| Cold Storage | No | Yes |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | None | 2 offers |
|---|
Pionex outpaces AMarkets with a higher editorial score and MAS licensing, making it the editorial winner.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.3 / 5
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