AM Broker is a multi-asset brokerage firm that offers trade services in forex, CFDs, Cryptocurrencies, commodities, stocks, precious metals among others. The broker entity is ATOM MARKETS LTD. The official website domain was registered on August 23, 2021, and was acquired by the current AM Broker team on August 8, 2024.
Trading Conditions and Platform Features
Trading Platform
Supports MetaTrader 4 (MT4), one of the most popular trading platforms worldwide, featuring:
- Technical Indicators: Over 50 technical tools, with customizable settings.
- Spreads and Leverage: Spreads starting from 0.0 pips, leverage up to 500:1.
- Security: Uses 128-bit encryption to protect user data and trade security.
- Multi-device Compatibility: Supports iOS, Android, and Mac devices, offering a flexible trading experience.
While the MT4 platform possesses powerful technical capabilities, advanced users of new analysis functions would find its newer versions, such as MT5, more suitable.
Trading Products
Offers a diverse range of trading options:
- Forex Currency Pairs: Covers major and minor currency pairs.
- Indices and Commodities: Includes major global market indices and commodities.
- Cryptocurrencies: Supports trading of mainstream digital currency CFDs.
- Stocks and Precious Metals: Provides a broad selection for investment portfolios.
It caters to diversified needs, from outright beginners to proficient traders.
Account Types and Fund Management
Account Options
Offers both live and demo accounts:
- Live Account: Appropriate for traders with real funding needs, although the minimum deposit amount is not specified.
- Demo Account: Equipped with unlimited virtual funds for users to become familiar with platform features and test trading strategies.
Payment Methods
The broker supports various secure payment options including:
- Traditional Payment Methods: International systems like VISA, NETELLER, etc.
- E-wallets: Skrill, Perfect Money, STICPAY, etc.
- Cryptocurrency Wallets: Supports bitwallet for digital asset users.
This selection does provide convenience for the users, but deposit and withdrawal times, as well as the fee policy, are yet to be announced.
Regulation and Compliance
AM Broker, through its subsidiary ATOM BROKER MARKETS PTY LTD, is regulated by the Australian ASIC, with the following key details:
- Australian Company Registration Number: ACN 680 284 020
- Authorised Representative: Rich Smart Finance Pty. Ltd. (Australian Financial Services Licence AFSL 441277)
Its registration information is searchable on the ASIC web portal, meaning it's somewhat compliant in operations. However, no other regions' status in terms of regulation is mentioned, which affects users' confidence outside of Australia.
Customer Support and Educational Resources
Customer Support
The broker provides customer support channels including:
- Email: support@am-broker.com
- Online Chat: Real-time chat option available on the official website, though specific responsiveness is unclear.
The absence of phone support and actual contact information could limit the effectiveness of seeking help in emergency situations.
Educational Resources
AM Broker does not have a dedicated education section. While market analysis and online seminars are indicated, no real resources are available. This may force a beginner to seek third-party means of learning.
Market Awareness and User Feedback
Website Traffic
According to Ahrefs, the monthly average website visits for this broker are only 28 times, indicating low market influence and online activity. Key analysis points are as follows:
Geographical Distribution:
- South Africa: 53.6% of total traffic, serving as its main market.
- Australia: 25%, showing some level of regional penetration.
- Other regions like India, Vietnam, and Armenia contribute limited traffic.
Keyword Performance: The platform has organic search traffic from only 11 keywords. Few high-ranking keywords and little value.
Based on Semrush data, the site's global traffic and online performance display the following traits:
Global Traffic Performance: Against an average monthly traffic of 101 visits, reflecting overall weak performance.
Keyword Coverage: Presently, the platform has 24 keywords driving traffic, which is indicative of narrow coverage.
Backlinks: In total, 412 backlinks, including 94 referring domains, would indeed be a certain foundation for external link building.
Traffic Sources:
- Vietnam: 50% of traffic, being the primary market.
- Turkey: Next, at 26%.
- Minor traffic from other areas (like the USA) indicates the platform's market influence is still limited to specific regions.
Traffic Trends:
Over the last 6 months, traffic growth has been stable with minor fluctuations. This reflects limited brand promotion and organic search influence.
User Reviews
No real client feedback on AM Broker was available on open networks. Although this is nothing out of the ordinary for up-and-coming trading platforms, this may also hint that there are limited users yet or that the operation itself is still immature.
Conclusion
AM Broker exhibits a bit of reliability in aspects such as trading platform, means of payment, and basic regulation. However, it also has a lot of issues like insufficient learning tools, incomplete user support, and low market visibility, among others. For first-time traders or those focusing on fund safety, these could be important considerations.
Recommendation: It would be recommended that investors, before choosing AM Broker, look through all its fee policies and support system regarding their needs. In case the demand for regulatory transparency and educational means is higher, it is better to consider other brokers that can provide full-fledged support.
