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Amenda Markets Reviews 5

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TrustScore 4 out of 5

4.1

Investment Service
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Company details

  1. Investment Service
  2. Asset Manager Service

Information provided by various external sources

Amenda Markets AS IBS is an investment brokerage company licensed and regulated by the Financial and Capital Market Commission of Latvia (License number: 06.06.11.506/420). Amenda Markets AS IBS is a private CFD trading solutions provider with brokerage license in Latvia, a European Union member state, complying with one of the tightest ESMA regulatory regimes. Exceptionally competitive DMA (Direct Market Access) trading conditions, which just recently was available only for a few tier 1 investment companies and ultra-rich private investors, and safe, and trustworthy partnerships are the main reasons why Amenda is being trusted by more and more experienced traders, private wealth managers, and international corporations.

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4.1

Great

TrustScore 4 out of 5

5 reviews

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Rated 5 out of 5 stars

The best forex broker

I've been using various Forex brokers so far, but for various reasons I was kicked out by all Forex brokers. My trading method is scalping.

When I asked Amenda in advance if I could make a scalping trade, they said, "Any trading method is welcome." Rather, they welcome scalping.

When I actually traded, it was surprisingly fast execution at any time of the day. After using it for a year, I had a bad connection twice, but it was fixed soon so I don't mind. I understand my profession that it is impossible to stay connected at 100% uptime in an internet business.

As far as I know, Amenda's real transaction costs are the cheapest of any Forex broker. This is a result of considering slippage and order execution ability rather than apparent spreads and trading terms.

I am glad that I finally got the ideal trading environment.

Thanks to the Amenda team.

March 16, 2021
Unprompted review
Rated 5 out of 5 stars

Hello.

Hello.
I,m Japanese.
I live in Japan.
I'm not good at English.

Excellent broker.
Deep Liquidity.

March 10, 2020
Unprompted review
Amenda Markets logo

Reply from Amenda Markets

Hello, Shota,
It is our pleasure to serve your trading needs with excellent liquidity from our interbank market counterparties. Good luck and profitable trading!
Amenda Markets support team

Rated 5 out of 5 stars

Have been trading for 13 years

Have been trading for 13 years, and tried tried around 25 brokers.
Over last 6 years had 2 main brokers i use daily and now have switched one of those to Amenda.
They have good execution, great spreads, (those ares main factors for me as mainly trade short term).

If someone is looking for solid broker, this is a good option.

February 9, 2020
Unprompted review
Amenda Markets logo

Reply from Amenda Markets

Hi, Aleksandrs,
We really appreciate your feedback, and we are happy to have you as a customer. We look forward to our future cooperation to be even tighter, as this is a business of win-win cooperation.

Rated 3 out of 5 stars

Looks like they have improved their business...

I wanted to become their client, but...
It took them 2 days to reply to my email, denying to disclose their liquidity providers... their demo MT4 account is USELESS... (I still haven't understand why it is there for... to see what an MT4 platform is??) so I do not know how to trust this business...

Thank you for your reply and clarifications!
Good to see you posted your LPs as well :-)
I look fw into trying your services ...

August 21, 2018
Unprompted review
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Reply from Amenda Markets

Hello, Doji Star,
Thanks for your opinion, our list of liquidity providers is available at our website, and it has been there since the inception. As of MT4 demo accounts, let us share with you a bit more details. The demo account is utilizing slightly different price feed, compared to real accounts, and your negative opinion has to be coming from this aspect. The fact is, that at the current technical setup there is no technical possibility to experience the same live trading advantages on demo accounts because there is a significant difference in the execution of orders.
Demo accounts are set to execute trades instantly, without chacking any market conditions, so you are right - on the demo accounts, the only thing you can check is the instruments available and learn the platform.
Real accounts at Ameda, however, have a market execution model, where a trade request in the MT4 trading platform is creating an order with a liquidity provider, and receiving confirmation of order at the requested price, or with positive or negative slippage.
As a result, of so important difference, there is no way how to check real accounts trading performance on a demo account, considering the fact, that our greatest advantages against any other brokers are even negative spreads, deeper liquidity, and faster trades execution.
We wish you all the best, and please feel free to contact us at any time for a more timely reply in the future.

Update: Thanks a lot for your review update, it helps us a lot! We are truly looking forward to exceeding your expectations in the real trading environment, as the competitive advantages we are offering are a significant performance improvement.

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