AMarketsvs
FXOpenForex Broker Comparison
Two ECN style brokers clash over cost, regulation, and platform access. The tension centers on regulatory protection and price transparency.
Our Verdict
FXOpen winsby 0.4 pts
FXOpen edges AMarkets on regulation, lower ECN commissions, and investor protections. AMarkets offers higher leverage but lacks top-tier regulation and compensation coverage.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXOpen holds FCA, CySEC, and ASIC licenses.
- 2AMarkets does not hold top-tier regulation.
- 3FXOpen offers more instruments (700) than AMarkets (250).
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
Recommended
AMarkets vs FXOpen: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.5 / 5▲ |
AMarkets vs FXOpen Forex Broker Pros & Cons
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
AMarkets vs FXOpen: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
AMarkets
criteria win
4
FXOpen
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AMarkets | FXOpen |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
AMarkets vs FXOpen: Frequently Asked Questions
The scores are close: AMarkets rates 3.8/5 and FXOpen rates 4.2/5. FXOpen has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both AMarkets and FXOpen start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Both AMarkets and FXOpen require a minimum deposit of $100 to open a live trading account.
FXOpen holds top-tier regulation (FCA, ASIC, CySEC), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, FXOpen provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
AMarkets lists maximum leverage of 3000:1, while FXOpen lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FXOpen charges $3 per lot, lower than AMarkets's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while FXOpen supports cTrader, MetaTrader 5, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4.
