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Do you want to know which is the better broker between AM Markets and Central Tanshi ?
In the table below, you can compare the features of AM Markets , Central Tanshi side by side to determine the best fit for your needs.
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XAUUSD:30.5
EURUSD: -5.76 ~ 2.39
XAUUSD: -28.93 ~ 13.7
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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 am-markets, central-tanshi-fx 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:
AM Markets Review Summary | |
Founded | 2019-10-26 |
Registered Country/Region | Belarus |
Regulation | NBRB |
Market Instruments | Forex/Precious Metals/Energy/Indices/Digital Currencies |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | 0.1 |
Trading Platform | MT4(Windows and Mobile) |
Min Deposit | $100 |
Customer Support | Live chat |
Email:support@ammarkets.com | |
Social Media: Twitter, Facebook, Instagram, and Linkedin |
AM Markets is a broker offering many market instruments: Forex/Precious Metals/Energy/Indices/Digital Currencies. AM Markets also provides spreads as low as 0.1, 0 commission, leverage up to 1:500, and 24/5 customer support.
Pros | Cons |
Regulated | No Islamic account |
ECN/Demo account types available | Hidden withdrawal risks |
Commission free | |
24/5 customer support | |
Various products: forex/index/precious metals, etc. |
AM Markets are regulated by NBRB, which is not an authoritative regulatory agency in the public mind. The license number is 193583860.
Traders can trade multiple assets because of the rich market instruments that AM Markets provides, including Forex, Precious Metals, Energy, Indices, and Digital Currencies.
Tradable Instruments | Supported |
Forex | ✔ |
Precious Metals | ✔ |
Digital Currencies | ✔ |
Indices | ✔ |
Energy | ✔ |
AM Markets offers traders various account types that choose at random. There are three real account types and a demo account: STD, STP, and ECN.
Regarding real account information, STD is suitable for traders who prefer fixed spreads. Such traders are relatively cautious in investing. STP has the characteristics of floating spreads and is favored by experienced traders looking for greater opportunities. Besides, ECNs low spreads often attract traders.
Account Type | STD | STP | ECN |
Maximum Leverage | 1:500 | 1:500 | 1:500 |
Minimum Deposit | $100 | $100 | $100 |
Minimum Spread | 0.1 | 0.1 | 0.1 |
According to the information released by GlcWikiFX about AM Markets, the lowest spread of AM Markets is 0.1 pips. In addition to this, traders enjoy no commission, which will reduce traders trading costs.
AM Markets' leverage is as high as 1:500, which has relatively large opportunities accompanied by a huge risk of loss.
AM Markets supports the MT4 trading platform, which is welcomed by traders for its stable, user-friendly interface and advanced charting capabilities.
Trading Platform | Supported | Available Devices |
MT4 | ✔ | Windows and Mobile |
The minimum deposit of AM Markets is $100, but the withdrawal information is not stated.
AM Markets customer support can be reached 24/5 through online, chat, and email, as well as social media platforms including Twitter, Facebook, Instagram, and Linkedin.
Contact Options | Details |
support@ammarkets.com | |
Online Chat | ✔ |
Social Media | Twitter, Facebook, Instagram, and Linkedin |
Supported Language | English |
Website Language | English |
Physical Address | QUEENS QUAY WEST TORONTO, ON, CANADA |
AM Markets offers a variety of trading account types, including STD, STP, and ECN. It offers spreads up to 0.1 pips and 0 commission. However, traders do not know how to withdraw money from AM Markets, which may cause problems with the safety of traders' funds. In addition, AM Markets are not regulated by authoritative institutions and will carry certain risks.
Are AM Markets safe?
Yes, legally regulated.
What account types does AM Markets provide?
STD, STP, and ECN. If traders do not want to invest real amounts, they can also choose a demo account.
How to withdraw money at AM Markets?
AM Markets does not have withdrawal information. To guarantee the safety of funds, traders need to evaluate platform security.
Central Tanshi Review Summary | |
Founded | 2002 |
Registered Country/Region | Japan |
Regulation | Regulated by FSA (Japan) |
Market Instruments | Forex |
Demo Account | ❌ |
Leverage | 1:25 for individual customer |
EUR/USD Spread | From 0.1 pips |
Trading Platform | Mobile app, PC and Web platforms |
Min Deposit | 0 |
Customer Support | Contact form |
YouTube: https://www.youtube.com/channel/UCGDu9m4guwZcPAIPXyyx7KQ | |
Twitter: https://twitter.com/CTFX |
Central Tanshi is a legally regulated forex pairs provider that was registered in Japan in 2002. It offers a variety of forex pairs through versatile trading platforms, with no minimum deposit required. In addition, it provides a leverage of 1:25 for individual customers and spreads starting from 0.1 pips.
However, it does not accept inquiries by phone number. Instead, you can only submit a contact form with your questions, and they will respond to your inquiries.
Pros | Cons |
Long history of operation | Limited leverage |
Regulated by Japan's FSA | No MT4/5 |
Various forex pairs choices | Limited customer support channels |
Commission-free | |
Multiple trading platforms available | |
No minimum deposit requirement |
Yes, Central Tanshi is a legitimate provider of forex pairs. It holds a retail forex license issued by the Japan Financial Services Agency (FSA), bearing the license number Kanto Finance Director (Financial Business) No. 278.
In addition, it is a member of the Securities and Exchange Surveillance Commission of Japan.
In conclusion, Central Tanshi is reliable, and you can consider trading forex on its platforms.
Regulated Country | Current Status | Regulated Authority | Regulated Entity | License Type | License Number |
Regulated | Japan Financial Services Agency (FCA) | セントラル FX Co., Ltd. | Retail Forex License | Kanto Finance Director (Financial Business) No. 278 |
Central Tanshi focuses on forex pairs trading. It offers many common forex pairs, and you can also find exotic forex pairs on its platform. The forex pairs it provides include USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, ZAR/JPY, GBP/USD, AUD/USD...
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ❌ |
Indices | ❌ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
You need to follow eight steps to register an account with Central Tanshi. All of these steps are quite easy, and detailed explanations for each are provided in its website.
The leverage offered by Central Tanshi differs between individual and corporate customers.
For individual customers, it is set at a fixed ratio of 1:25, which is considered conservative and safe, enabling you to trade securely based on your requirements.
On the other hand, for corporate customers, the leverage varies weekly based on market fluctuations, and it also differs for each type of currency pair.
The spreads offered by Central Tanshi also vary depending on the type of currency pair.
During certain trading hours, the spread for MXN/JPY can be as low as 0.1 pips, while during other periods, the spread for GBP/JPY can reach as high as 16.0 pips.
Central Tanshi does not charge any account maintenance fees or transaction fees.
However, if you need to send an issuing report by mail, there is a charge of 1,100 yen per report.
Additionally, for delivery services, there is a fee of 500 yen for every 10,000 units.
Central Tanshi offers a proprietary platform available on mobile (smartphone and iPad), PC and Web.
The PC version comes with three additional options, including fast chart, Trade Plus, and a network trading system.
Trading Platform | Supported | Available Devices | Suitable for |
Proprietary platform | ✔ | Web, PC and Mobile | / |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
Payment Methods
Central Tanshi offers two types of deposit methods: click deposit and bank transfer deposit.
Click deposit utilizes your financial institution's online banking service for near-instant deposits. You must have an online banking agreement with one of the following financial institutions to use this method.
Bank transfer deposit allows you to fund your account through various methods such as bank counters, ATMs, and online banking. The transfer fees will be borne by you. Supported banks include Sumitomo Mitsui Banking Corporation (Nihonbashi Branch), Mizuho Bank (Kofunecho Branch), and Mitsubishi UFJ Bank.
Fees
Deposit: For click deposits, it is free. For transfer deposits, certain fees may be charged.
Withdrawal: Withdrawal in Japanese Yen is free, whereas withdrawals in other foreign currencies will incur some fees.
Additionally, withdrawal fees differ based on the banking institution.
Specifically, withdrawals through Sumitomo Mitsui Banking Corporation, Mizuho Bank, and the Main Branch of Mitsubishi UFJ Bank are free.
For other branches of Mitsubishi UFJ Bank, a fee of 1,000 yen will be charged, and for other financial institutions, a fee of 1,500 yen will be imposed.
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 am-markets and central-tanshi-fx are, we first considered common fees for standard accounts. On am-markets, the average spread for the EUR/USD currency pair is 0.1 pips, while on central-tanshi-fx the spread is --.
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.
am-markets is regulated by NBRB. central-tanshi-fx is regulated by FSA.
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.
am-markets provides trading platform including STD,STP,ECN and trading variety including Forex/precious metals/energy/indices/digital currencies. central-tanshi-fx provides trading platform including -- and trading variety including --.