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CJC Markets , AM Markets Broker Comparison

Do you want to know which is the better broker between CJC Markets and AM Markets ?

In the table below, you can compare the features of CJC Markets , AM Markets side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
CJC Markets
5.57
Domestic Regulation
Under guarantee
5-10 years
FinCEN,FMA,ASIC,ASIC,ASIC,ASIC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ECN,VIP,Standard
Forex, CFD’s, Commodities, Stocks
$50,000
1:200
--
50.00
--
0.01
--
AM Markets
1.65
Stoppage of Business
Under guarantee
5-10 years
NBRB,NFA
--
AAA
AA
380.9
286
286
304
1968
1968
707
AAA

EURUSD: -0.1

XAUUSD: -1

6
-1
6
C
21.28 USD/Lot
34 USD/Lot
AAA

Long: -3.45

Short: 1.16

Long: -4.87

Short: 1.24

AA
--
--
STD,STP,ECN
Forex/precious metals/energy/indices/digital currencies
100USD
500
0.1
50.00
floating
0.01
--

CJC Markets BrokersRelevant information

CJC Markets 、 AM Markets BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of cjc-markets, am-markets lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

cjc-markets

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

CJC Markets Review Summary in 10 Points
Founded 2012
Registered Country/Region New Zealand
Regulation ASIC
Market Instruments Forex, Metals, Equity Indices, US Shares, Asia Shares, EUR Shares, Cryptocurrency CFDs
Demo Account N/A
Leverage 1:400
EUR/USD Spread 1.5 pips
Trading Platforms MT4
Minimum deposit $1,000
Customer Support 24/5 live chat, phone, email

What is CJC Markets?

Based in Auckland, New Zealand, CJC Markets (Carrick Just Capital Markets Limited) is an online NDD (No Dealing Desk) trading broker that allows clients to trade multiple financial assets with flexible leverage up to 1:400 and floating spreads on the MT4 trading platform via 3 different live account types, as well as 24/5 customer support service. However, it is important to note that CJC Markets is not regulated by any financial authorities, which may be a concern for some traders.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

CJC Markets home page

Pros & Cons

CJC Markets has several advantages including a wide range of tradable instruments, a variety of deposit and withdrawal options, and 24/5 customer support. However, there are also some significant drawbacks, including the lack of regulation, high minimum deposit requirements, and mixed reviews from clients. Overall, traders should exercise caution and carefully consider these factors before deciding whether to trade with CJC Markets.

Pros Cons
• Multiple tradable assets and funding options • Exceeded ASIC license
• Provides balance protection • Clients from US and China (including Hong Kong) are not accepted
• Multiple deposit and withdrawal options • Negative reviews from some clients regarding the platform being a scam
• MT4 supported • High minimum initial deposit ($1,000)
• Customer support team available 24/5 • Unclear commission fees on ECN account

CJC Markets Alternative Brokers

    There are many alternative brokers to CJC Markets depending on the specific needs and preferences of the trader. Some popular options include:

    • FP Markets - An ASIC and CySEC-regulated broker with a wide range of trading instruments, competitive spreads, and multiple trading platforms, suitable for both novice and experienced traders.

    • FXDD - An offshore broker offering ECN trading accounts with a variety of trading instruments and low spreads, but lacks regulatory oversight and has mixed reviews from clients.

    • Global Prime - An ASIC-regulated broker with a focus on transparency, offering ECN trading accounts with competitive spreads and a range of trading tools, but has limited trading instruments and high minimum deposit requirements.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Market Instruments

CJC Markets provides investors with 500+ instruments including Forex, Metals, Equity Indices, US Shares, Asia Shares, EUR Shares, Cryptocurrency CFDs. The broker provides access to more than 100 currency pairs, such as the EUR/USD, GBP/USD, and USD/JPY. Clients can also trade precious metals such as gold and silver, as well as a variety of equity indices such as the S&P 500 and the Nasdaq 100. CJC Markets also offers a broad selection of shares from the US, Europe, and Asia. Additionally, the broker provides access to popular cryptocurrency CFDs such as Bitcoin, Ethereum, Ripple, Litecoin, and Tether. With a variety of instruments available, traders can diversify their portfolios and potentially take advantage of different market conditions.

Market Instruments
Market Instruments

Accounts

There are three account options available on the CJC Markets platform: Standard, VIP and ECN. The minimum initial deposit for a Standard account is $1,000, way too high for most regular traders to get started. The high minimum initial deposit can be a disadvantage for many traders, especially beginners who want to start with a smaller amount of money.

However, the higher minimum deposit requirement for the Standard account may be suitable for more experienced traders who want access to higher leverage and other advanced trading features. The VIP and ECN accounts require a minimum initial deposit of $25,000 and $50,000 respectively, which may not be feasible for many traders.

Account Types

Leverage

In terms of trading leverage, the maximum leverage for the Standard account is up to 1:400, up to 1:300 for the VIP account and up to 1:200 for the ECN account. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Spreads and commissions with CJC Markets are scaled with the accounts offered. Specifically, the spread starts from 1.5 pips on the Standard account, from 1 pip on the VIP account, and raw spreads on the ECN account. As for the commission, there is no commission charged on the Standard and VIP accounts, while unspecified on the ECN account.

While the Standard and VIP accounts do not charge commissions, the spreads are higher, which may not be as cost-effective in the long run. Traders should carefully consider their trading style and needs when choosing an account type with CJC Markets.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
CJC Markets From 1.5 pips No
FP Markets From 0.0 pips AUD $7 round turn
FXDD From 0.2 pips No
Global Prime From 0.0 pips AUD $7 round turn

Note that these rates are subject to change and may vary depending on account type and market conditions. Traders should always confirm the most up-to-date rates directly with the broker.

Trading Platforms

CJC Markets offers the leading MT4 trading platform for iOS, Android, Windows, and Mac to meet a wide range of user needs. MT4 is currently the most popular forex trading platform on the market, with a user-friendly interface, and powerful charting tools. With a user-friendly interface, powerful charting tools, and a large number of custom indicators, MT4 is available for automated trading and EA trading, helping traders of all levels to develop different trading strategies and help traders to get ahead in the financial markets.

MT4 for iOS
MT4 for Android
MT4 for Windows
MT4 for Mac

See the trading platform comparison table below:

Broker Trading Platform
CJC Markets MetaTrader 4
FP Markets MetaTrader 4, MetaTrader 5, Iress
FXDD MetaTrader 4
Global Prime MetaTrader 4

Deposits & Withdrawals

From the logos shown at the foot of the home page on CJC Markets official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Visa, MasterCard, Bitcoin, bit wallet, BTPay, Bank Wire, dragon pay, help2ay, PayTrust, Skrill, Neteller, and Tether.

payment methods
payment methods

Having multiple payment options provides more convenience and flexibility for traders to deposit and withdraw their funds. It's worth noting that certain payment methods may have fees or restrictions, so it's essential to check with the broker's website or customer service before making any transactions.

CJC Markets minimum deposit vs other brokers

CJC Markets Most other
Minimum Deposit $1,000 $100

See the deposit & withdrawal fee comparison table below:

Broker Deposit Fee Withdrawal Fee
CJC Markets N/A N/A
FP Markets None None
FXDD None Varies by method
Global Prime None None

Note: Withdrawal fees for FXDD vary depending on the payment method used. Please refer to the broker's website for more information.

Customer Service

The CJC Markets customer support team can be contacted 24/5 through telephone, email, social media, or live chat. You can also follow this broker on social networks such as Facebook, Instagram and LinkedIn. FAQ section is also available. Alternatively, traders can visit their physical office in Auckland, New Zealand.

Customer Service
Customer Service

It's worth noting that having a physical office can provide additional peace of mind for traders who value face-to-face communication and transparency with their broker. The availability of multiple channels for customer support is also a plus, as traders can choose the most convenient way to reach out for help. However, the lack of 24/7 customer support may be a disadvantage for traders who need immediate assistance outside of regular business hours. Overall, the customer support options provided by CJC Markets seem to be reasonable and comprehensive.

Pros Cons
• Available 24/5 through various channels • No 24/7 customer support
• Physical office available for in-person help • No support for some languages
• Active on various social media platforms
• Comprehensive FAQ section on the website

Please note that these pros and cons are based on the information available and may not be exhaustive.

User Exposure on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Conclusion

Generally, CJC Markets is an unregulated broker that provides a range of instruments. However, the high minimum deposit requirement, lack of regulation, and negative reviews from clients raise concerns about the safety of the platform. On the other hand, the broker offers balance protection up to $500, and there is a range of deposit and withdrawal options available. The customer support team can be contacted 24/5. Overall, traders should approach CJC Markets with caution and consider the potential risks before investing.

Frequently Asked Questions (FAQs)

Q 1: Is CJC Markets regulated?
A 1: No. Their Australia Securities & Investment Commission (ASIC) license is exceeded.
Q 2: At CJC Markets, are there any regional restrictions for traders?
A 2: Yes. CJC Markets does not accept customers who are residents of the US and China (including Hong Kong).
Q 3: Does CJC Markets offer the industry-standard MT4 & MT5?
A 3: Yes. CJC Markets supports MT4.
Q 4: What is the minimum deposit for CJC Markets?
A 4: The minimum initial deposit to open an account is $1,000.
Q 5: Is CJC Markets a good broker for beginners?
A 5: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its too high initial deposit.
am-markets

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

AM Markets Review Summary in 10 Points
Founded 2019
Registered Country/Region Belarus
Regulation NBRB
Market Instruments Forex, Metals, Spot Energies, Index
Demo Account N/A
Leverage 1:500
EUR/USD Spread 1.6 pips
Trading Platforms MT4
Minimum deposit $100
Customer Support 24/5 multilingual live chat

What is AM Markets?

AM Markets is an online broker offering forex and CFD trading on MT4 trading platform. AM Markets is a trading name operated by AM Markets Capital Limited, authorized and regulated by the National Bank of the Republic Belarus (NBRB), with Regulatory License No. 193583860.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

AM Markets' website

Pros & Cons

AM Markets offers a wide range of CFD instruments and account types on the leading MT4 platform. However, the unauthorized status of National Futures Association (NFA) license may raise some concerns for potential traders. Additionally, the limited information available about their trading conditions may be a drawback for some traders.

Pros Cons
• Wide range of CFD products • NFA license is unauthorized
• Multiple account types and demo accounts available • Clients from Israel and the Islamic Republic of Iran are not accepted
• No commission • Negative reviews complaining unable to withdraw
• MT4 platform for Windows and Mobile • No specific info on trading conditions
• Multilingual customer support available 24/5

AM Markets Alternative Brokers

    There are many alternative brokers to AM Markets depending on the specific needs and preferences of the trader. Some popular options include:

    • FBS - offers a variety of account types and a user-friendly trading platform;

    • HotForex - provides multiple trading instruments and excellent customer service;

    • Swissquote - offers a comprehensive range of trading instruments and reliable trading platforms.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is AM Markets Safe or Scam?

AM Markets being regulated by the National Bank of the Republic of Belarus (NBRB) means that it follows certain rules and regulations put in place by the government. However, the fact that its National Futures Association (NFA) license is unauthorized and negative reviews from their clients complaining unable to withdraw raise some concerns. It is important to note that the NFA is a US-based regulatory body, and AM Markets is not a US-based broker. That being said, traders should do their due diligence and research the broker thoroughly before deciding whether to trade with them. It is always recommended to choose a regulated broker with a strong reputation to ensure the safety of funds and trading experience.

Market Instruments

AM Markets offers a diverse range of CFDs products, including popular foreign exchange currency pairs, such as EUR/USD, GBP/USD and USD/JPY, as well as futures, indices, precious metals, energy and equity CFDs products. This means that traders have access to a wide range of financial instruments to choose from and can diversify their trading portfolios with ease. With such a variety of products available, traders can take advantage of market opportunities in various sectors, depending on their trading strategies and preferences.

Accounts

AM Markets provides traders with a variety of account types to choose from, including STD, STP, and ECN accounts. Each account type has a minimum deposit requirement of $100, which makes it accessible to traders with different budget levels. The STD account type is suitable for traders who are new to trading and prefer fixed spreads. STP accounts are for traders who prefer variable spreads, and the ECN account type is for more experienced traders who require the best market execution and competitive spreads. Additionally, demo accounts are also available for traders to test the trading conditions and strategies without risking any real money.

Leverage

Leverage is available up to a maximum of 1:500 on forex trading. New traders should note that leveraged trading carries a high level of risk and may result in heavy losses.

Spreads & Commissions

AM Markets offers spreads on major pairs around 1.6 pips, which is in line with the industry standard. The broker does not charge any commission on trades, which means that clients can enjoy low trading costs. Traders can also benefit from the broker's low rollover rates, which can help them to reduce their trading costs further.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
AM Markets 1.6 pips None
FBS From 0.3 pips $6 per lot
HotForex From 0.1 pips $6 per lot
Swissquote From 0.1 pips $7 per lot

Note: Spread and commission information may vary depending on the account type, market conditions, and trading instrument. The table above provides a general idea of the spreads and commissions offered by each broker on the EUR/USD currency pair.

Trading Platforms

In terms of trading platform available, AMarkets offers MT4 trading platform, available for Windows, Mobile. The platform is renowned for its stability, user-friendly interface, and advanced charting capabilities. Traders can also benefit from a wide range of customizable indicators and automated trading strategies. Additionally, MT4 allows for one-click trading and features a variety of order types, including market, limit, stop-loss, and take-profit orders.

MT4

Overall, AM Markets' MT4 platform offers a comprehensive trading experience for both novice and experienced traders alike. See the trading platform comparison table below:

Broker Trading Platforms
AM Markets MT4 for Windows and Mobile
FBS MT4, MT5, FBS Trader
HotForex MT4, MT5, HotForex WebTrader, HotForex App
Swissquote Advanced Trader, MT4, MT5, Swissquote App

Deposits & Withdrawals

    AM Markets offers traders three ways to inject capital into their account, including the following:

    • The deposit terminal (online banking) will be received within 2 hours.

    • Bank telegraphic transfer (accepting US dollar, Pound sterling, euro, etc.), 3-5 working days.

    • Union Pay remittance, 2-3 working days to the account.

AM Markets minimum deposit vs other brokers

AM Markets Most other
Minimum Deposit $100 $100

As for withdrawal, Withdrawals under $100 from an international bank will incur a bank fee of $5 or the equivalent. Under the anti-money laundering policy, withdrawals from accounts without any transactions are subject to an additional 2.5 per cent fee. Withdrawal processing time depends.

Customer Service

The AM Markets customer support can be reached 24/5 multilingual through online chat and email, as well as some social media platforms including Twitter, Facebook, Instagram, and Linkedin.

Customer Service
Pros Cons
• 24/5 multilingual support through various channels • No 24/7 customer support
• Quick response time through online chat and email • No phone support

Note: The information in this table is based on the provided context and may not be exhaustive.

User Exposure on WikiFX

On our website, you can see that some users have reported that AM Markets is a fraud platform and they are unable to withdraw. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Conclusion

AM Markets is a forex and CFDs broker regulated by National Bank of the Republic of Belarus (NFA), offering a wide range of tradable assets and competitive spreads. The broker provides multiple account types, including the Standard, STP, and ECN account, with a minimum deposit of $100. AM Markets supports popular payment methods and provides customer support via various channels, including email and online chat.

However, the National Futures Association (NFA) license the broker holds is unauthorized, and there are some negative reviews from their clients saying that they have difficulty withdrawing money. Additionally, educational and research resources are not available on their website. Overall, traders should carefully consider the pros and cons of trading with AM Markets before opening an account.

Frequently Asked Questions (FAQs)

Q 1: Is AM Markets regulated?
A 1: Yes. It is regulated by National Bank of the Republic of Belarus (NBRB).
Q 2: At AM Markets, are there any regional restrictions for traders?
A 2: Yes. AM Markets cannot serve residents of specific countries / regions, such as the Israel and the Islamic Republic of Iran, as well as war-torn countries.
Q 4: Does AM Markets offer the industry-standard MT4 & MT5?
A 4: Yes.
Q 5: What is the minimum deposit for AM Markets?
A 5: The minimum initial deposit to open an account is $100.
Q 6: Is AM Markets a good broker for beginners?
A 6: No. It is not a good choice for beginners. Though it is regulated, it lacks transparency - info on trading conditions and more is not specified.

Are the transaction costs and expenses of cjc-markets, am-markets lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive cjc-markets and am-markets are, we first considered common fees for standard accounts. On cjc-markets, the average spread for the EUR/USD currency pair is -- pips, while on am-markets the spread is 0.1.

Which broker between cjc-markets, am-markets is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

cjc-markets is regulated by FinCEN,FMA,ASIC,ASIC,ASIC,ASIC. am-markets is regulated by NBRB,NFA.

Which broker between cjc-markets, am-markets provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

cjc-markets provides trading platform including ECN,VIP,Standard and trading variety including Forex, CFD’s, Commodities, Stocks. am-markets provides trading platform including STD,STP,ECN and trading variety including Forex/precious metals/energy/indices/digital currencies.

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