amarkets
Blitzbrokers
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 Blitzbrokers was established in 1982 and is based in Hong Kong. amarkets holds licences including Financial Conduct Authority (FCA), while Blitzbrokers is regulated by Securities and Futures Commission (SFC) among others. amarkets serves 1,000,000+ clients worldwide; Blitzbrokers has 10,000+. The minimum deposit is $250 at amarkets and $1 at Blitzbrokers.
| Feature | amarkets | Blitzbrokers |
|---|---|---|
| Min. Deposit | $250 | $1 |
| 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 | Securities and Futures Commission (SFC) |
| Founded | 2016 | 1982 |
| Country | United Kingdom | Hong Kong |
| Clients | 1,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between amarkets and Blitzbrokers, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $250 at amarkets). amarkets charges withdrawal fees while Blitzbrokers does not, a notable advantage for frequent withdrawers. amarkets charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | amarkets | Blitzbrokers |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
amarkets offers MT4, MT5, cTrader, while Blitzbrokers supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which amarkets does not offer. amarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | amarkets | Blitzbrokers |
|---|---|---|
| MT4 | Yes | No |
| 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,WEB,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how amarkets and Blitzbrokers compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | amarkets | Blitzbrokers |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 Blitzbrokers 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 | Blitzbrokers |
|---|---|---|
| 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 Blitzbrokers offer live chat support. Both provide phone support. Email support is available at both brokers. amarkets supports 8 languages and Blitzbrokers supports 2, giving amarkets broader global reach. Both brokers are comparable on support quality.
| Feature | amarkets | Blitzbrokers |
|---|---|---|
| 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 |