Advanced Markets

One pro of Advanced Markets for me is that it supports well-known trading platforms like MT4, MT5, and Fortex 5. This is a big plus because I’m familiar with MT4 and MT5, and they provide great tools for traders. Additionally, Advanced Markets offers a wide range of tradable assets, including forex, commodities, and cryptocurrencies. However, the unregulated status is a significant drawback.

Advanced Markets was once regulated by the FCA in the UK and ASIC in Australia, but those licenses are no longer valid. The FCA license is marked as "Exceeded," and the ASIC license is "Unverified." As a trader, I’m cautious about dealing with an unregulated broker, especially since I don’t have the same protections that regulated brokers offer. This makes me question whether Advanced Markets is truly safe and trustworthy.

I appreciate that Advanced Markets offers a wide variety of trading instruments, including Forex, commodities, stocks, indices, metals, and crypto. This variety is great for me as it provides many options to diversify my trading strategy.

Yes, the major con for me is its lack of regulation, which makes me feel uneasy about trading with them. Additionally, there is little transparency on the fees and account types, which leaves me questioning how much I’ll be charged while trading. This lack of clarity makes me cautious and unsure about committing fully to Advanced Markets.