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Amenda Markets, a Latvian-based investment broker and provider of the liquidity aggregator Pure-DMA, announced it has made possible trading on negative spreads, reversing the bid/ask prices by maintaining prices as-is. According to the trading conditions on the company website, spreads can be as low as -1.5 pips.
According to the company announcement, this has allowed Amenda to achieve some of the tightest spreads for spot forex, according to an internal market research.
“As part of our mission, we substantially minimized trading costs for our clients who look for an optimal trading environment rather than bonuses and high leverage,” said Alise Eljasane, CEO at Amenda Markets. “That is why we focus much of our attention on providing the world’s tightest spreads in addition to low trading fees and deep liquidity.”
Amenda Markets is based in Riga and offers broker and asset management services as well as solutions for issues related to investments of private and corporate clients. It offers maximum leverage of up to 1:80 depending on the deposited sum and accepts deposits in USD, EUR, GBP and JPY. Trading is done on MetaTrader 4. The broker is regulated by Financial and Capital Market Commission of Latvia (FCMC). It is registered for provision of investment services and ancillary (non-core) investment services in: Austria, Czech Republic, Denmark, Estonia, Finland, France, Germany, Italy, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Slovakia, Spain, Sweden and the United Kingdom.