AMarkets vs Errante

AMarkets or Errante – which is better for UK traders 2024? Compare AMarkets and Errante in this detailed breakdown of their platforms, features and fees.

AMarkets vs Errante Comparison Table 2024
AMarkets Errante
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2.8
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4
AMarkets is ranked #96 among CFD brokers. Errante is ranked #59 among CFD brokers.
AMarkets is an established forex and CFD broker registered in the Cook Islands. Founded in 2007, the brokerage has over 1 million clients and is regulated in several offshore jurisdictions, including St Vincent and the Grenadines and Mwali. Over 1400 instruments are available on the popular MT4 and MT5 platforms. Errante is a Cyprus-based and regulated forex and CFD broker with leveraged trading on multiple assets, tiered accounts including a zero-spread option, and copy trading support. The broker offers leveraged trading up to 1:30 under its CySEC-regulated branch and 1:500 from an offshore branch, and supports the MetaTrader 4 and MetaTrader 5 platforms. Errante's asset list is relatively limited but it does offer fast execution and low latency, and it is a trustworthy brand.
Pros
  • Cashback program with up to $17 rewarded for every lot traded, plus a VIP program with better trading conditions
  • A range of trading tools including a calculator, economic calendar, and sentiment indicators
  • Copy trading USD account with a $100 minimum deposit, leverage up to 1:500 and hedging
  • Regular trading news, forex analysis and trading ideas in the broker's Telegram channel
  • Micro Bitcoin (MBT) account available for beginners with a low 0.001 BTC deposit
  • No fees for deposits and a range of fast methods, including crypto transfers
  • Access to Autochartist analysis with signals and automated position entry
  • Reputable and trustworthy multi-asset broker
  • Supports cTrader, MT4 and MT5 platforms
  • Good range of cryptocurrencies including Bitcoin
  • Good selection of educational content and useful trading tools
  • Open an account in four easy steps
  • Copy trading available
  • Low starting deposit
Cons
  • There are wider standard spreads than many competitors
  • We found that educational materials trail alternatives
  • No top-tier regulation reduces the trust score
  • Withdrawal fees up to 1.8%
  • Small selection of shares
  • MT4 not available to EU traders
  • Advanced educational content is expensive to unlock
  • High deposits to unlock advanced account tiers with more favorable trading terms
Awards
  • Best Value Broker Middle East 2020 - Global Forex Awards
  • Fastest Growing Forex Broker in the Middle East 2019 - Egypt Investment Expo
  • Best Execution Speed Highest Client Success Rate 2014 - IAFT Awards
  • Fastest Growing Broker 2013 - STP Broker Asia
  • Best Educational Program 2011 - Show FX
  • Best ECN/STP Broker 2022 - UF Awards
  • Best Forex Newcomer 2021 - Forex Awards
  • Fastest Growing Broker 2021 - Ultimate Fintech Awards
  • Best Trade Executions 2020 - Forex Awards
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds CFDs, Stocks, Indices, Forex, Metals, Energies, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSA SVG CySEC, FSA
Mobile Apps
Yes iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
The copy trading service is a good option for newer traders and you can pick investors to follow based on their profitability, fees, number of followers and more. The $100 starting deposit is also accessible for beginners. The Errante copy trading solution allows users to choose from a selection of master traders with insights into their returns, volatility ratio, recovery factor, and more. There are also no restrictions on the number of traders you can follow.
Social Trading
Yes No
Trade Signals
Yes MetaTrader
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
Commodities
  • Gold
  • Silver
  • Oil
  • Natural Gas
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Sugar
  • Silver
  • Gold
  • Palladium
  • Platinum
CFD
Experienced traders can access leverage up to 1:1000 on a range of CFDs across metals, energies, indices and more. Beginners can also follow and copy successful CFD trades in the copy trading account. Errante customers can trade stocks, indices, commodities and cryptocurrencies with leveraged CFDs. The level of leverage available depends on regulatory oversight, with 1:30 the maximum allowed in the EU though this varies by asset.
Leverage
1:1000 1:500
FTSE Spread
64 From 1.5 pips (Standard Account)
GBPUSD Spread<
0.6 From 1.5 pips (Standard Account)
Oil Spread
3 From 1.5 pips (Standard Account)
Stocks Spread
Variable From 1.5 pips (Standard Account)
Forex
AMarkets offers a decent range of 42 majors, minors and exotics with low spreads from 0.2 pips in the ECN account. With that said, Standard account spreads come in at around 1.5 pips for EUR/USD, which is higher than the best forex brokers. Errante traders can access 50+ forex pairs with leverage up to 1:500 (location dependant). The broker offers fast execution and tight spreads, especially to clients with VIP and Tailor-Made accounts.
Assets
42 50+
GBPUSD Spread
0.6 From 1.5 pips (Standard Account)
EURUSD Spread
0.3 From 1.5 pips (Standard Account)
EURGBP Spread
1.5 From 1.5 pips (Standard Account)
Cryptocurrency
Access a decent range of crypto pairs against USD and deposit just 10 MBT to access the broker's Micro Bitcoin account. Deposit methods include Bitcoin, Binance Coin and Ethereum. Errante clients can speculate on price movements of 26 crypto tokens, all paired with USD. CFDs allow for leveraged trading, but note that you will not directly own the assets traded.
Spread
From 30 From 1.5 pips (Standard Account)
Coins
  • BTC
  • BCH
  • DSH
  • ETC
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DASH
  • EOS
  • IOTA
  • NEO
  • OMG
  • QTU
  • TRX
  • XMR
  • ZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
AMarkets Errante
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