amarkets
Barclays
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
amarkets was founded in 2016 and is headquartered in United Kingdom, while Barclays was established in 2011 and is based in United Kingdom. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. amarkets serves 1,000,000+ clients worldwide; Barclays has 10,000+. The minimum deposit is $250 at amarkets and $0 at Barclays.
| Feature | amarkets | Barclays |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F223 | Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) |
| Founded | 2016 | 2011 |
| Country | United Kingdom | United Kingdom |
| Clients | 1,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between amarkets and Barclays, directly affecting your bottom line as a trader. Barclays has a lower barrier to entry with a minimum deposit of $0 (vs $250 at amarkets). amarkets charges withdrawal fees while Barclays does not, a notable advantage for frequent withdrawers. amarkets charges deposit fees; Barclays does not. Overall, Barclays scores higher on fees in our assessment.
| Feature | amarkets | Barclays |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
amarkets offers MT4, MT5, cTrader, while Barclays supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | amarkets | Barclays |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Desktop, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how amarkets and Barclays compare. Barclays runs regular live webinars; amarkets does not. Both provide video tutorials. Barclays publishes daily market commentary; amarkets does not. Both integrate third-party research tools. Barclays maintains an archive of past webinars for on-demand viewing. Barclays scores higher overall in education and research.
| Feature | amarkets | Barclays |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. amarkets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Barclays supports 2 (bank transfer, credit/debit card). amarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. amarkets scores higher on deposit and withdrawal flexibility.
| Feature | amarkets | Barclays |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both amarkets and Barclays offer live chat support. Both provide phone support. Email support is available at both brokers. amarkets supports 8 languages and Barclays supports 2, giving amarkets broader global reach. Both brokers are comparable on support quality.
| Feature | amarkets | Barclays |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |