Advanced Markets

Company Overview

Advanced Markets was established in 2005 and is registered in Bermuda. The broker claims to provide access to a wide range of financial instruments, including Forex, commodities, indices, metals, stocks, and cryptocurrencies. It supports popular trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Fortex 5.

Despite offering multiple asset classes and advanced platforms, the company is currently flagged as a suspicious clone with no valid regulatory oversight. Important details such as trading fees, account types, and specific conditions are not disclosed on its official website, raising concerns about transparency and credibility.

Regulation and Legitimacy

In the past, Advanced Markets did hold regulatory licenses, but these are no longer valid.

• FCA (Financial Conduct Authority, UK):

  • License Type: Investment Advisory License

  • Licensed Entity: Advanced Markets (UK) Limited

  • License Number: 777739

  • Current Status: Expired

• ASIC (Australian Securities and Investments Commission):

  • License Type: Forex License

  • Licensed Entity: Advanced Markets Ltd.

  • License Number: 444649

  • Current Status: Flagged as a suspicious clone

This means that although Advanced Markets previously had regulatory authorization, its current regulatory standing is uncertain and unreliable. Traders should be cautious before committing any funds.

Pros and Cons

Pros:

• Offers multiple trading platforms (MT4, MT5, Fortex 5)

• Provides access to a wide range of tradable instruments

Cons:

• Lacks valid regulation and is flagged as a suspicious clone

• Limited transparency regarding fees and account types

• No clear information about trading conditions

Market Instruments

Advanced Markets claims to offer trading across the following asset classes:

• Forex

• Commodities

• Indices

• Metals

• Stocks

• Cryptocurrencies

This provides traders with exposure to both traditional and digital assets. However, due to the unclear regulatory status, the safety of these offerings is questionable.

Trading Platforms

The broker advertises three trading platforms, suitable for traders of all levels and available on both desktop and mobile devices:

• MetaTrader 4 (MT4): A widely used platform supporting charting tools, indicators, and automated strategies.

• MetaTrader 5 (MT5): The successor to MT4, offering more advanced features, asset coverage, and improved execution.

• Fortex 5: A specialized trading platform designed for more professional and institutional trading needs.