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INSTITUTIONAL · CHECKED 10 OCT 2026

Advanced Markets review.

Institutional FX broker regulated in the UK and Australia, split across three entities

4.5
RISKY
OUT OF 10
FCAASIC

THE VERDICT, IN PLAIN ENGLISH

Advanced Markets is an institutional FX broker holding two confirmed licences: FCA 777739 for its UK entity and ASIC AFSL 444649 for its Cayman entity. Client access to the FCA entity is restricted to professional and eligible-counterparty clients, and a US LLC in the group explicitly disclaims providing any regulated activity anywhere.

HOW THE SCORE BREAKS DOWN

Regulation

6.5
Fees

2.0
Platform

5.0
Support

5.3
Reviews

3.9

Each criterion is scored 1 to 10 from primary sources. The overall score is their unweighted mean. How scoring works.

THE QUICK FACTS

Headquarters GB
Minimum deposit Not stated
Account opening 1-3
Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), Fortex 6

WHAT WORKS

  • FCA licence 777739 confirmed for Advanced Markets (UK) Ltd, a tier-1 regulator
  • ASIC AFSL 444649 confirmed for the Cayman entity Advanced Markets Ltd
  • Negative balance protection under ASIC's regulatory regime
  • Platform connectivity includes Fortex 6, MetaTrader 4, and MetaTrader 5
  • Reachable by both email and a published phone number

WHAT DOES NOT

  • No published cost of trading found on the broker's own pages or documents
  • Entity structure fragmented across UK, Cayman, and US arms
  • US LLC entity disclaims providing any regulated activity anywhere
  • FCA entity restricted to Professional and Eligible-Counterparty clients only
  • Unresolved discrepancy between the firm's own office unit numbers
  • No compensation scheme under ASIC, only an ombudsman

Overview

TrueBroker is a free broker safety checker, and this page is our review of Advanced Markets, scored 4.5 out of 10 across regulation, fees, platform, support and reviews.

Advanced Markets describes itself, on the pages we fetched from advancedmarkets.com, as an institutional liquidity and prime brokerage business rather than a retail broker. The site states it provides “seven asset classes using FIX API” without naming what those seven classes are, and lists MetaTrader 4, MetaTrader 5 and “Fortex 6” as its supported trading platforms, alongside bridge integrations with Fortex, PrimeXM, YourBorse, OneZero and Tools for Brokers.

A firm operating under several names

The pages we fetched name three separate entities under the Advanced Markets brand. Advanced Markets (Advanced Markets) Ltd is the FCA-authorised operating entity in London. Advanced Markets LLC, based in Charlotte, North Carolina, owns the website and the group trademarks, and states on the same pages that it “does not solicit or provide any regulated activities anywhere in the world.” A third entity, described in the firm’s own company-history text as “the Cayman entity,” is the one that holds the Australian licence. A reader working out who they would actually be contracting with has to keep these three apart.

What the FCA and ASIC registers show for Advanced Markets

We searched the FCA register directly and found FRN 777739 held by Advanced Markets (UK) Limited, status Authorised, effective from 10 April 2018, with Companies House number 10671764 attached to the same record. That same FCA record states “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules,” which the firm repeats in its own site-wide legal footer. Retail clients cannot open an account with this entity, and because of that, this client category falls outside the FCA’s mandatory retail protections such as negative balance protection and FSCS compensation.

We also searched the ASIC register and found AFS licence 444649 held by Advanced Markets Ltd, ABN 164968549, granted 11 December 2013. Companies House shows Advanced Markets (UK) Limited as company number 10671764, a private limited company incorporated 15 March 2017, status Active; Companies House confirms the company exists but is a registry, not a financial regulator, so it does not itself confirm a licence.

Two further numbers on the firm’s own legal page, an “L08000063350” tied to Advanced Markets LLC and an ICO data-protection number “ZB027567,” sit with authorities we do not hold in our register directory, so we have not been able to check either one. That is a gap in our own coverage, not a finding about the firm.

We also searched 1,441 warning-list entries mirrored from the CySEC, FCA and FSC Mauritius blacklists, and Advanced Markets does not appear on any of them. That check only covers the three lists we mirror, not every regulator worldwide.

Where Advanced Markets will not take clients

Beyond the professional-only restriction, the firm’s legal footer states it “does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” That last clause leaves the firm free to exclude additional countries at its own discretion, on top of the named sanctions and FATF lists. Our earlier review quoted a named list of excluded countries from the firm’s legal page; we checked that page on 29 September 2026 and it no longer carries one.

Custody, liability and an address that does not match itself

On custody, the site states “Segregated custody accounts with Macquarie Bank are available upon request,” which is worded as something a client has to ask for rather than a default protection applied to every account. The site’s disclaimer also states the firm “will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on” its own published market information, and separately disclaims liability for any instruction or notification that is delayed or fails to transmit through the website.

The firm’s own legal page gives two different unit numbers for what is otherwise the same building: its “Office Location” section states Unit 8, while its “Visit us” section for deposits states Unit 5, both at The Warehouse, Woolyard, 52-56 Bermondsey Street, London SE1 3UD.

What we could not check on Advanced Markets’ own site

Repeated attempts to fetch Advanced Markets’ terms and client agreement, fee and spread pages, account-type pages and a standalone risk disclosure all returned 404 or empty responses. We hold no firsthand cost, deposit or leverage figures for this firm as a result, and the table below is marked “Not stated” wherever that gap applies. A separately supplied earlier review describes a different-looking business at the domain advancedmarketsfx.com, with $100-minimum retail accounts, “Fortex 5” and blanket negative-balance protection for “all clients.” That account conflicts with the professional-only restriction on the firm’s own fetched pages and with the “Fortex 6” platform the firm itself lists, so we are not treating those retail figures as current firsthand fact.

Overview Table

Headquarters London, United Kingdom (Advanced Markets (UK) Ltd registered office); the site is owned by Advanced Markets LLC of Charlotte, North Carolina, US
Established Advanced Markets (UK) Limited incorporated 15 March 2017, per Companies House
Countries Served Not stated
Regulated By FCA (FRN 777739, professional/eligible counterparty clients only); ASIC (AFSL 444649)
Minimum Deposit Not stated
Maximum Leverage Not stated
Total Instruments Not stated (the firm states it trades “seven asset classes” without naming them)
Platforms MetaTrader 4, MetaTrader 5, Fortex 6
Customer Support Phone +44 204 591 4168; contact form; London office (unit number given as both Unit 8 and Unit 5 on the firm’s own pages)
Languages Not stated

Facts List

  • The FCA register confirms FRN 777739 for Advanced Markets (UK) Limited, status Authorised, effective 10 April 2018.
  • The FCA record and the firm’s own legal footer both restrict this entity to Professional or Eligible Counterparty clients, excluding retail clients.
  • The ASIC register confirms AFS licence 444649 for Advanced Markets Ltd, granted 11 December 2013.
  • Companies House confirms Advanced Markets (UK) Limited as company 10671764, incorporated 15 March 2017, status Active.
  • A US state incorporation number and an ICO data-protection number appear on the firm’s site but sit with registers we have not checked.
  • Advanced Markets does not appear on any of the 1,441 CySEC, FCA and FSC Mauritius warning-list entries we searched.
  • The firm lists MT4, MT5 and Fortex 6 as its trading platforms, plus bridge integrations with PrimeXM, OneZero and others.
  • Segregated custody with Macquarie Bank is offered “upon request,” not as a standing default.
  • The firm’s site gives two different office unit numbers for the same London address.
  • Fee, terms, account-type and risk-disclosure pages could not be fetched from the firm’s own site, so no cost figures are confirmed firsthand.

Key Takeaways

Advanced Markets scores 4.5 overall, and the pieces behind that number pull in different directions: a genuine, confirmed FCA and ASIC licence pair against a fee section we could not populate at all and a client base the firm itself excludes most retail traders from.

What we could confirm on the public registers

  • The FCA register shows FRN 777739 held by Advanced Markets (UK) Limited, status Authorised, effective 10/04/2018, and tied to Companies House number 10671764. The firm’s own site adds the qualifier itself: “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” That is not a retail broker’s licence.
  • The ASIC register confirms AFS licence 444649 held by Advanced Markets Ltd (ABN 164968549, licensed since 11/12/2013). An earlier mismatch in our own data turned out to be a parse artefact, not a discrepancy in the register itself.
  • Companies House lists Advanced Markets (UK) Limited as company 10671764, a private limited company incorporated 15 March 2017, status Active. Companies House confirms the company exists and is active; it is a company registry, not a financial regulator, so it says nothing about licensing.
  • We searched 1441 warning-list entries mirrored from the FCA, CYSEC and FSC Mauritius, and Advanced Markets appears on none of them. We ran a positive control on all three registers first, confirming a known-listed firm actually surfaces, so this clean result means absence rather than a broken search. It only covers the three lists we mirror, not every regulator worldwide.
  • Two numbers we hold, an “L08000063350” US state incorporation entry for Advanced Markets LLC and an ICO data-protection registration “ZB027567” for the UK entity, sit against authorities we have no register access to. We have not checked either one; that is a gap in our own directory, not a finding about the firm.

Who Advanced Markets will actually take on as a client

The professional-only restriction quoted above is the central fact for this review’s “institutional” placement, and it carries a real consequence: clients onboarded as Professional or Eligible Counterparty fall outside the FCA retail safeguards that apply to ordinary consumers, including mandatory negative balance protection and FSCS compensation, because those protections do not have to be extended to this client category. The firm also states it “does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” That last clause is a standing, unilateral discretion to refuse or cut off service to a jurisdiction of the firm’s own choosing, beyond the named lists.

What Advanced Markets discloses about fees, platforms and custody

We attempted to pull the firm’s terms and client agreement, fee and spread schedule, account-types page, risk disclosure and platform pages directly from advancedmarkets.com; every one of those returned 404 or empty on every attempt. That is why the fees score sits at 2: there is no firsthand cost basis to report, no account-tier terms, and no standalone risk disclosure to check contract language against. The site does say the firm Trade[s] seven asset classes using FIX API without naming which seven anywhere in the fetched pages, so even the product range advertised is not itemised on the firm’s own site.

On platforms, the firm’s own root page lists MetaTrader 4, MetaTrader 5 and “Fortex 6” as supported GUI platforms, alongside integrations with Fortex, PrimeXM, YourBorse, OneZero and Tools for Brokers as execution bridges. On custody, the same page states: “Segregated custody accounts with Macquarie Bank are available upon request.” That wording makes segregation an opt-in arrangement a client has to ask for, not a default protection applied to all client funds, which is a meaningfully weaker guarantee than a blanket segregated-funds statement would be.

Two things worth flagging as inconsistencies rather than findings

  • The firm’s own pages give two different unit numbers for the same street address: “Office Location” sections state Unit 8, while “Visit us” (deposit) sections on the same pages state Unit 5, both at The Warehouse, Woolyard, 52-56 Bermondsey Street, London SE1 3UD. A client trying to serve notice or visit in person cannot tell which is correct from the site alone.
  • A separately supplied prior review describes a retail forex/CFD broker at a different domain (advancedmarketsfx.com), with $100-minimum retail accounts, “Fortex 5”, and blanket negative-balance protection for “all clients.” None of that could be confirmed on the firm’s pages we actually fetched, and it conflicts directly with the professional-only restriction quoted above, so we have treated it as an earlier publication’s account of a different-looking business rather than current firsthand fact about Advanced Markets (UK) Ltd.

Licenses & Regulation

Advanced Markets operates through three separately registered entities, and reading the site’s own legal page is the only way to tell them apart. Advanced Markets (UK) Ltd is the FCA-regulated operating entity. Advanced Markets LLC, based in Charlotte, North Carolina, owns the website and the trademark and states on the same page that it “does not solicit or provide any regulated activities anywhere in the world.” A third entity, Advanced Markets Ltd, is a Cayman Islands company that holds the Australian licence. None of the three is interchangeable with the others for regulatory purposes, and the firm’s own pages are the source for that split.

What the FCA register shows for Advanced Markets (UK) Ltd

We searched the FCA register directly and it confirms FRN 777739 held by Advanced Markets (UK) Ltd, status Authorised, effective from 10 April 2018, linked to Companies House number 10671764. Before treating any register result as meaningful we ran a positive-control search on the FCA register for a firm we already knew was listed, so an authorised finding here reflects a working search rather than a lucky query. The authorisation, though, does not cover retail trading. The firm’s own legal footer states plainly: “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” That single line does the real work in this section: clients admitted under it fall outside the FCA retail regime, so protections such as mandatory negative balance protection and FSCS compensation do not have to be extended to them, because they are not retail clients under FCA rules.

The ASIC licence sits with a different entity again

We also searched the ASIC register directly, again after a positive-control check to confirm the search itself works. AFS licence 444649 is confirmed, held by Advanced Markets Ltd, ABN 164968549, on the register since 11 December 2013. That’s the Cayman company, not the UK entity carrying the FCA authorisation, and not the US-based Advanced Markets LLC that owns the website. An earlier version of our own data had flagged a name mismatch on this licence; re-checking it, the mismatch was a parse artefact caused by a bracketed description attached to the claimed name, and the register entry itself lines up with the firm.

Companies House confirms a company, not a licence

Companies House lists ADVANCED MARKETS (UK) LIMITED as company number 10671764, a private limited company incorporated on 15 March 2017, status Active. That’s a company registry entry, and it confirms the UK entity exists and is active; it is not itself a financial licence, which is a distinction worth holding onto given how the firm’s site runs the FCA number and the Companies House number together in the same footer line. Two further numbers on that footer could not be checked at all: a US state incorporation registry number (L08000063350) for Advanced Markets LLC and an ICO data protection registration (ZB027567) for the UK entity. We hold no register entry for either authority in our directory, so both are gaps in what we could verify, not findings about the firm one way or the other.

Who Advanced Markets (UK) Ltd will and won’t take on

Beyond the professional/eligible-counterparty restriction, the legal page as we checked it on 29 September 2026 names no excluded countries. Its only jurisdiction clause states that the firm “does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” The final clause of that sentence hands the firm a unilateral, undefined right to refuse clients from any jurisdiction it personally judges unacceptable, on top of the named sanctions and FATF lists.

On custody, the site states that “segregated custody accounts with Macquarie Bank are available upon request,” which is worded as an optional arrangement a client has to ask for rather than a default protection applied to all client funds. Separately, the firm’s own pages give two different unit numbers for the same address: the “Office Location” line reads Unit 8, while the “Visit us” deposit-box line reads Unit 5, both at The Warehouse, Woolyard, 52-56 Bermondsey Street, London SE1 3UD. A client trying to serve notice or visit in person cannot tell from the firm’s own site which is correct.

The warning-list search

We searched 1,441 warning-list entries mirrored from the CySEC, FCA and FSC Mauritius blacklists, and Advanced Markets appears on none of them. That’s a genuine clean result, but it only covers the three regulators we mirror, not every regulator worldwide, and it says nothing about the professional-only restriction or the entity-splitting described above.

Repeated attempts to pull a client agreement, risk disclosure or account-terms document directly from advancedmarkets.com returned 404 or empty responses every time, so none of the contractual detail above could be checked against a standalone terms document, only against the legal footer text itself. Separately, a retail-facing account of this brand supplied to us describes a different business entirely: a retail forex/CFD broker at advancedmarketsfx.com with $100 minimum accounts and blanket negative-balance protection for “all clients.” That account could not be confirmed on the firm’s own fetched pages, conflicts with the professional-only restriction quoted above, and is not treated as current fact in this section.

How to Trade

Advanced Markets frames itself as a liquidity and technology provider rather than a retail trading venue. The firm’s homepage states it lets clients “trade seven asset classes using FIX API,” but it does not name what those seven asset classes actually are anywhere on the pages we fetched. So the breadth of the offering is asserted by the firm but not itemised by the firm.

Who Advanced Markets will actually take on

The site-wide legal footer is explicit: “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” That single line does the most work in this section, because it means the FCA-authorised UK entity (FRN 777739) is not built for a retail trader reading this review. Falling outside the retail category matters beyond labelling: FCA retail protections such as mandatory negative balance protection and FSCS compensation are aimed at retail clients, and a firm that only onboards Professional or Eligible Counterparty clients is not required to extend those same safeguards to the clients it does take on.

The same footer also reserves the firm a wide exclusion power: “Advanced Markets (UK) Ltd does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” The first two categories are external lists; the third is the firm’s own, undefined judgement call, applied on top of them.

Platforms and execution

The firm’s homepage lists three trading platforms: MetaTrader 4, MetaTrader 5, and “Fortex 6.” The same page describes integration with Fortex, PrimeXM, YourBorse, OneZero and Tools for Brokers as execution bridges, which reads as infrastructure aimed at brokers and institutional counterparties plugging into Advanced Markets’ liquidity, rather than a single retail-facing trading app. Consistent with that, the homepage mentions “segregated custody accounts with Macquarie Bank” as “available upon request.” That phrasing makes segregated custody an opt-in arrangement rather than something applied to every client’s funds by default, which is a materially weaker commitment than a blanket segregation statement would be.

What we could not verify about costs and account terms

We tried repeatedly to pull the firm’s terms and client agreement, its fee, spread and commission pages, its account-types page, its risk-disclosure document, and its platform pages directly from advancedmarkets.com, and every one of those requests came back 404 or empty. That means we hold no firsthand pricing, execution-rules, or account-tier document from the firm itself to report here, and nothing in this section should be read as describing Advanced Markets’ cost basis or account structure, because we were not able to retrieve one.

A separately supplied earlier review describes a different-looking business at the domain advancedmarketsfx.com: a retail forex and CFD broker with $100-minimum accounts named Advanced Plus, Prime and Infinite, a platform called “Fortex 5,” and blanket negative-balance protection for “all clients.” That account conflicts with what we found on the firm’s own site in three ways at once: a different domain, an institutional-only client restriction instead of a retail offer, and Fortex 6 instead of Fortex 5. We could not confirm any of the retail account names, minimums or the blanket negative-balance-protection claim on the pages Advanced Markets itself published, so we are not carrying them into this review as current fact.

Liability terms that apply once a client is trading

The site’s legal footer disclaims responsibility for two things that bear directly on execution: first, “We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information,” covering the firm’s own published market commentary and research; second, a broader disclaimer that the firm “will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission, or the receipt of any instruction or notifications sent through this website.” Read together, if a client’s order or account notification is delayed, lost or fails to go through because of the website itself, the firm’s own terms place that risk on the client, not on Advanced Markets.

Account Types

Advanced Markets (UK) Ltd does not publish an account-tiers or pricing page that we could reach. Repeated attempts to fetch terms and client-agreement, fees/spreads/commissions, account-types, risk-disclosure and platform pages from advancedmarkets.com returned 404 responses or came back empty on every try. That means there is no firsthand cost basis, no account-tier terms and no standalone risk disclosure document to report here. What follows is what the firm’s own site does say about who it serves and what it runs on, not a menu of accounts, because no such menu was retrievable.

Who Advanced Markets actually opens accounts for

The firm’s legal page states plainly: “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” The FCA register confirms the same restriction against FRN 777739: this entity does not accept retail clients of the brand. There is no retail account tier to describe because the UK entity does not take retail clients at all. Falling into the Professional or Eligible Counterparty category rather than retail also has consequences beyond who qualifies: the firm’s own contract terms show that clients in this category sit outside the safeguards, such as mandatory negative balance protection and FSCS retail compensation, that only have to be extended to retail clients under FCA rules.

What onboarding is closed to

The same legal page states that Advanced Markets (UK) Ltd “does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” That last clause reserves the firm a unilateral, undefined right to refuse or terminate a client relationship for any jurisdiction it personally judges unacceptable, on top of the named sanctions and FATF lists.

Platforms rather than named account packages

Instead of tiered accounts, the site markets platform access: MetaTrader 4, MetaTrader 5 and “Fortex 6” are listed together as the supported GUI options, and the firm says it integrates with Fortex, PrimeXM, YourBorse, OneZero and Tools for Brokers as execution bridges. The root page also states the firm trades “seven asset classes using FIX API,” but nowhere on the pages we fetched does it name what those seven classes are.

Custody is an add-on request, not a default

On funds handling, the root page states: “Segregated custody accounts with Macquarie Bank are available upon request.” That wording makes segregated custody something a client has to ask for, not a protection applied by default to every account, which is a materially weaker guarantee than a blanket segregated-funds statement would be.

A conflicting account structure we could not confirm as current

A separately supplied earlier review describes a different business entirely: a retail forex/CFD broker at the domain advancedmarketsfx.com, with $100 minimum retail accounts under the names Advanced Plus, Prime and Infinite, running “Fortex 5,” and offering negative balance protection to “all clients.” We flag this only as what that earlier review reported, not as something confirmed on the firm’s own site: it names a different domain, a different Fortex version number, and account tiers that do not appear anywhere on the advancedmarkets.com pages we fetched directly across ten country exits. It also directly conflicts with the professional-and-eligible-counterparty-only restriction Advanced Markets (UK) Ltd states for itself. Until an account-types or pricing page turns up on the firm’s own current site, that retail structure should be read as a claim about an earlier or different iteration of the brand, not as this entity’s current offering.

Negative Balance Protection

Advanced Markets restricts itself, on its own legal footer, to a narrow client base: “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” That single line matters more for loss protection than almost anything else on the site, because the FCA’s mandatory negative balance protection rules for leveraged trading apply to retail clients, not to clients classed as Professional or Eligible Counterparty. A firm that only onboards those two categories is not required to extend the retail safeguard to anyone it takes on as a client.

What the FCA register shows about the entity behind this

The FCA register confirms FRN 777739 is held by Advanced Markets (UK) Limited, authorised, effective from 10 April 2018, tied to Companies House company number 10671764. Companies House itself confirms that company as ADVANCED MARKETS (UK) LIMITED, a private limited company incorporated 15 March 2017 and currently listed as Active. Neither register entry says anything about a stop-out level, a margin close-out percentage, or a negative balance policy; those are commercial terms a firm sets for itself, not something a licence record discloses.

No drawdown or margin close-out terms on the firm’s own pages

Repeated attempts to pull a client agreement, a risk-disclosure document, or account-terms pages from advancedmarkets.com returned 404 or empty responses on every try. That means we have no firsthand text from Advanced Markets itself setting out a margin call level, a stop-out percentage, or what happens to an account once losses exceed the funds in it. We can report the professional-client restriction because it sits in the legal footer we did fetch, but the mechanics of how a losing position gets closed out, and whether a client can end up owing money beyond their deposit, are not disclosed anywhere we could reach on the firm’s own site.

Liability the firm does disclaim, in its own words

Where the fetched pages do address loss, they address it defensively, in the firm’s favour rather than the client’s. The site-footer disclaimer states: “We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information,” covering the firm’s own published market commentary and research. A second clause in the same footer goes further, disclaiming liability “for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission, or the receipt of any instruction or notifications sent through this website.” Taken together, these clauses mean that if an order or a notification is delayed, lost or fails to reach the client through the website, and a loss results, the firm has already put in writing that it will not accept liability for it. Neither clause is a negative-balance or margining term as such, but both sit on the same side of the ledger: they narrow what Advanced Markets owes a client when something goes wrong, rather than what it owes to limit a client’s downside.

The retail negative-balance claim we could not confirm

A separately supplied review of this brand describes a retail forex and CFD broker at a different domain, advancedmarketsfx.com, with $100-minimum accounts named Advanced Plus, Prime and Infinite, a platform called “Fortex 5,” and blanket negative-balance protection applied to “all clients.” That account does not match what we could fetch from advancedmarkets.com, which describes an institutional-only liquidity and prime-brokerage business restricted to Professional or Eligible Counterparty clients, running MT4, MT5 and “Fortex 6.” Because the two descriptions conflict on the client base, the platform version and even the domain, the blanket negative-balance protection claim from that earlier review cannot be carried into this one as a fact about Advanced Markets’ current terms. It is reported here only as something our earlier review stated about a site we could not corroborate.

Custody arrangements that bear on what a client can lose

The one line the firm’s own site offers that touches on protecting client funds is this: “Segregated custody accounts with Macquarie Bank are available upon request.” That is phrased as an optional arrangement a client has to ask for, not a default protection applied to every account the firm opens. A client who does not make that request is not shown, on the pages we fetched, what happens to their funds instead.

Trading Instruments

Advanced Markets (UK) Ltd’s own site describes an institutional liquidity, technology and credit business rather than a retail trading offer, and what it lists as tradable is thin. The root page states the firm lets clients “trade seven asset classes using FIX API” but at no point on the pages we fetched does it name what those seven classes actually are. A reader is told a number and nothing else: no instrument list, no symbol count, no breakdown by forex, metals, indices or anything else.

Platforms Advanced Markets connects to

The same root page lists three supported trading platforms: MetaTrader 4, MetaTrader 5 and “Fortex 6”. Alongside these, the firm says it integrates with Fortex, PrimeXM, YourBorse, OneZero and Tools for Brokers as execution bridges, which reads as connectivity aimed at other brokers and institutional counterparties routing flow through Advanced Markets, rather than a retail-facing platform choice.

Who can actually access it

Access to any of this is restricted before it gets to instruments at all. The FCA register shows FRN 777739 held by Advanced Markets (UK) Limited as Authorised, and the firm’s own legal footer states plainly that “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” That is not a retail forex account: a client who does not meet the professional or eligible-counterparty test under FCA and MiFID rules is not being served by this entity, whatever the asset classes turn out to be.

The same legal footer adds that the firm “does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” That last clause leaves the firm free to exclude any other country on its own judgment, on top of the named sanctions and FATF lists.

What we could not verify

We tried to reach the firm’s terms and client agreement, its fee and spread pages, its account-types page and any standalone risk-disclosure document on advancedmarkets.com, and every one of those attempts came back 404 or empty. That means there is no firsthand cost basis, no account-tier structure and no risk-disclosure text we can quote for how these asset classes are actually priced or margined. The one funds-related detail the root page does offer is that “segregated custody accounts with Macquarie Bank are available upon request”, which is worded as something a client has to ask for, not a default protection applied to every account.

A separate account that does not match this site

A separately supplied review of this brand describes a different business entirely: a retail forex and CFD broker at the domain advancedmarketsfx.com, with $100-minimum accounts named Advanced Plus, Prime and Infinite, “Fortex 5” rather than Fortex 6, and blanket negative-balance protection applied to all clients. We could not confirm any of that on the pages we fetched directly from advancedmarkets.com, and it sits awkwardly against the professional-only restriction quoted above, since a retail account with a $100 minimum is exactly what that restriction excludes. We are not treating the retail account details, the Fortex 5 platform reference or the negative-balance claim as current fact about this firm; they come from an earlier write-up of what appears to be a different site under a similar name, and we flag the mismatch rather than merge the two.

Set against the FCA record, the asset picture for Advanced Markets (UK) Ltd is a licensed institutional entity that will not say which seven asset classes it covers, will not show pricing for any of them on its own site, and is not open to the retail client base that a separate review of a similarly named domain describes.

Education & Analysis

Advanced Markets’ own site describes an institutional liquidity and technology business, and what it says about platforms follows that shape: a short list of execution front ends plus a set of connectivity bridges, rather than the retail-facing charting and indicator ecosystem a spread-betting shop would advertise.

The platforms Advanced Markets lists

The firm’s root page names three platforms under a section headed “Platform Variety”: MetaTrader 4, MetaTrader 5, and “Fortex 6”. Alongside these, the same page states that Advanced Markets integrates with Fortex, PrimeXM, YourBorse, OneZero and Tools for Brokers as execution bridges. That is a prime-brokerage and liquidity-distribution stack, aimed at connecting a client’s own systems or a downstream broker to Advanced Markets’ liquidity, rather than a retail terminal loaded with drawing tools and built-in indicators. Nothing in the pages we fetched describes chart types, technical indicators, expert advisor support, or any proprietary analysis or research tool bundled with these platforms.

FIX API and the unnamed seven asset classes

The root page also states that the firm lets clients “trade seven asset classes using FIX API”, which points to institutional-grade connectivity rather than a browser or app-based charting package. The page does not name the seven asset classes anywhere in the text we fetched, so what a client connecting over FIX can actually get pricing and execution on is not disclosed on the firm’s own site.

What we could not check on Advanced Markets’ own site

Repeated attempts to fetch dedicated platform, terms, fee, spread and commission pages from advancedmarkets.com returned 404 responses or empty content on every try. That means there is no firsthand platform specification sheet, no standalone risk disclosure, and no cost schedule we could read to confirm how MT4, MT5 or Fortex 6 are actually configured for a client of this firm: what spread or commission model applies, what order types are supported, or whether any charting or analysis add-ons come with the connection. The client-facing detail here rests on a single marketing page rather than documented platform pages.

A second account that does not match what Advanced Markets’ site shows

A separately supplied review of the “the earlier review” text describes a different business at a different domain, advancedmarketsfx.com, with retail accounts named Advanced Plus, Prime and Infinite, a $100 minimum, and a platform called “Fortex 5” rather than the “Fortex 6” the firm’s own root page names. That material from our earlier review is marked as coming from an earlier review, not from our own reading of the firm’s pages, and it describes a retail structure that conflicts with the FCA register entry, which confirms that Advanced Markets (UK) Ltd “only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” We are not treating the Fortex 5 or retail-tier detail as a current fact about this firm; we flag it only because a reader may encounter both accounts and should know they describe different things.

What this means for account access

Because the FCA register shows Advanced Markets (UK) Ltd restricted to Professional or Eligible Counterparty clients, whatever charting or analysis capability sits on top of MT4, MT5 or Fortex 6 is not something a retail trader can sign up to test through this entity. The Australian Securities and Investments Commission register separately confirms AFS licence 444649 held by Advanced Markets Ltd, and Companies House confirms company number 10671764 for the UK entity, but neither register describes platform features, and platform terms are a matter for the firm’s own documentation, which was not retrievable at the time we checked.

Special Offers

We looked for a promotions page on advancedmarkets.com the way we do for every broker in this catalogue: account-types, fees, and related commercial pages. Repeated attempts to fetch those pages, along with the terms/client-agreement and risk-disclosure pages, returned 404 or empty responses on every try. That is a statement about what we could retrieve, not about what Advanced Markets does or does not run; we simply have no firsthand page from the firm’s own site describing a deposit bonus, a cashback scheme, a spread discount, or any other promotional offer.

What Advanced Markets’ own pages describe instead

The pages we could fetch describe a business built around institutional liquidity, prime brokerage and technology, not retail account tiers. The site-wide legal footer states plainly that “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” A firm restricted to Professional and Eligible Counterparty clients is not marketing deposit bonuses or welcome credit to retail traders, since it has excluded that client category from its FCA-regulated UK entity by its own wording. Nothing on the fetched pages names a promotional tier, a minimum-deposit incentive, or a time-limited offer of any kind. The closest thing to an account-related benefit we found is a single line stating that “Segregated custody accounts with Macquarie Bank are available upon request,” which is a custody arrangement offered on request rather than a promotion, and applies to fund segregation, not trading cost or bonus terms.

Why the retail promotions described elsewhere don’t belong here

A separate document supplied alongside this review (an earlier, earlier review) describes a retail forex/CFD broker at the domain advancedmarketsfx.com, with named account tiers (“Advanced Plus,” “Prime,” “Infinite”), a $100 minimum deposit, and a blanket negative-balance-protection claim covering “all clients.” We are flagging that as what our earlier review reported, not as something we confirmed: it describes a different domain, a different platform build (Fortex 5 rather than the Fortex 6 the firm’s own site lists), and a retail client base that conflicts directly with the Professional/Eligible-Counterparty-only restriction quoted above from the firm’s own legal footer. We did not read advancedmarketsfx.com, so we cannot say what account tiers, minimum deposits, or bonus terms exist there, and we are not going to present a different brand’s retail promotions as Advanced Markets’ own.

Set against the rest of what we hold on this firm, the absence of a fetchable offers page is consistent with the business it says it runs. The FCA register confirms FRN 777739 is held by Advanced Markets (UK) Limited as an authorised firm serving professional and eligible-counterparty clients, not the retail segment that deposit bonuses and cashback schemes are usually built to attract. We searched 1,441 warning-list entries mirrored from CYSEC, the FCA and the FSC Mauritius and Advanced Markets appears on none of them, which is a clean result on those specific lists rather than a finding about promotions one way or the other.

Opening an Account

Opening an account with Advanced Markets means opening an account with Advanced Markets (UK) Ltd, and that entity does not take retail clients at all. The firm’s own site states plainly, in its site-wide legal footer, that “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” Anyone who does not meet the FCA/MiFID tests for Professional or Eligible Counterparty status is excluded before onboarding starts.

We could not find a client-agreement, account-types or onboarding-steps page on advancedmarkets.com to describe what the sign-up process actually asks for. Repeated attempts to pull terms/client-agreement, fees/spreads/commissions, account-types, risk-disclosure and platform pages from the firm’s own site returned 404s or empty responses on every try. So there is no firsthand description here of a step-by-step registration flow, minimum deposit, or document checklist, because the firm’s site does not publish one where we could reach it.

Who Advanced Markets will not onboard

Beyond the professional-only line, the firm’s legal footer states it “does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” That last clause hands the firm a unilateral, undefined right to turn away applicants from any jurisdiction it decides it does not want, on top of the named sanctions and FATF lists.

The legal page as we checked it on 29 September 2026 names no excluded countries; the only jurisdiction test it sets is the sanctions, FATF and internal risk clause described in the regulation section.

What professional-client status costs the applicant

Being restricted to Professional or Eligible Counterparty clients is not neutral for whoever gets through the door. Because the firm only onboards clients in those categories, those clients fall outside several FCA retail-client safeguards, such as mandatory negative balance protection and FSCS retail compensation, which do not have to be extended to this client category. Anyone weighing an application should treat that as part of the cost of qualifying, not just a label.

On custody of funds, the firm’s own root page describes segregated accounts as something arranged rather than automatic: “Segregated custody accounts with Macquarie Bank are available upon request.” Worded that way, on-request rather than standard, it reads as an optional arrangement an applicant would have to ask for, not a default protection applied to every account the firm opens.

Contacting Advanced Markets before applying

For anyone trying to reach the firm ahead of or during onboarding, the contact page lists a phone number, +44 204 591 4168, and a contact form with Full Name, Phone Number, Email and Message fields. The legal page gives a London office address, The Warehouse, Woolyard, 52-56 Bermondsey Street, London SE1 3UD, but the unit number is inconsistent on the firm’s own pages: the “Office Location” section names Unit 8, while the “Visit us” section for deposits at the same address names Unit 5. Anyone trying to physically visit the firm or serve notice cannot tell which unit is correct from the site alone.

What the register shows and what it does not

The FCA register confirms FRN 777739 is held by Advanced Markets (UK) Limited, status Authorised, effective 10 April 2018, with Companies House number 10671764, and the FCA’s own record is what carries the professional-clients-only restriction quoted above. Companies House confirms Advanced Markets (UK) Limited as company 10671764, a private limited company incorporated 15 March 2017 and currently listed as Active, though Companies House is a company registry, not a financial regulator, so it confirms the company’s existence and never a licence. The ASIC register separately confirms AFS licence 444649 held by Advanced Markets Ltd, the Cayman entity, since 11 December 2013, which is a different licensed entity from the UK company that actually sets these onboarding restrictions. We also checked this firm against 1,441 warning-list entries mirrored from the FCA, CYSEC and FSC Mauritius, and it appears on none of them, though that covers only the lists we mirror, not every regulator worldwide. A US state incorporation number (L08000063350) and an ICO data-protection registration (ZB027567) both appear on the firm’s own legal page, but we hold no register entry for either authority, so neither number has been checked against a public source.

Deposits & Withdrawals

Advanced Markets (UK) Ltd’s own site would not give up a cost basis. We tried repeatedly to fetch its fees, spreads and commissions page, its account-types page, its client agreement, its risk-disclosure page and its platform pages, and every one of those pages returned a 404 or an empty response. That means there is no deposit method, no minimum, no withdrawal processing time, no fee schedule and no payment rail anywhere on advancedmarkets.com that we could read and check. Nothing below should be read as covering how money actually moves in and out; it covers only what the firm’s surviving pages say about who can send money in the first place and what happens to it once it’s there.

Who Advanced Markets (UK) Ltd will even take a deposit from

The firm’s site-wide legal footer states: “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” That restriction sits upstream of any deposit or withdrawal question: a client who is not Professional or Eligible Counterparty is not being onboarded at all. It also matters for what happens if a deposit turns into a loss, because Professional and Eligible Counterparty clients fall outside several FCA retail-client safeguards, including mandatory negative balance protection and FSCS retail compensation, which do not have to be extended to this client category.

The same footer states the firm “does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” The last clause leaves the firm free to turn away, and presumably to decline deposits from, any jurisdiction it decides on its own is unacceptable, beyond the named sanctions and FATF lists.

Where client money is held

The firm’s root page states: “Segregated custody accounts with Macquarie Bank are available upon request.” That is the only statement on segregation of client funds we could find on the firm’s own pages, and it is worded as something a client has to ask for rather than a default arrangement applied to every account.

If an instruction fails to go through

The site’s footer disclaimer states the firm “will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission, or the receipt of any instruction or notifications sent through this website.” If a deposit instruction, a withdrawal request or any other notification sent through the site is delayed, lost or fails to arrive, the firm disclaims responsibility for the resulting loss to the client.

What the FCA and Companies House records add

The FCA register confirms FRN 777739 as held by Advanced Markets (UK) Ltd, status Authorised, effective 10 April 2018, and separately confirms that entity as Companies House company number 10671764, a private limited company incorporated 15 March 2017 and still listed as Active. Companies House confirms the company exists; it is a company registry rather than a financial regulator, so it says nothing about deposit or withdrawal handling. Neither register publishes fee schedules, payment methods or processing times, so neither closes the gap left by the missing pages on the firm’s own site.

Figures that should not be relied on

A separately supplied earlier review describes a $100 minimum, named retail account tiers (Advanced Plus, Prime, Infinite), a platform called “Fortex 5”, and blanket negative-balance protection for “all clients”, at a different domain, advancedmarketsfx.com. None of that could be confirmed on the pages we fetched from advancedmarkets.com, and it conflicts directly with the professional/eligible-counterparty-only restriction quoted above from the firm’s own current footer. Those figures are the earlier review’s account of a different-looking business, not something read from Advanced Markets (UK) Ltd’s own documents, and they are reported here only to flag that conflict, not as current fact about deposits, withdrawals or minimums.

Customer Support

Advanced Markets (UK) Ltd lists three ways to reach it: a phone number, a contact form, and a street address. The phone number given on the firm’s contact page is +44 204 591 4168. The contact form asks for full name, phone number, email and a message, submitted through the Contact Us page. Neither a live chat widget nor a support email address appears anywhere in the pages we fetched, and no stated hours of operation accompany the phone line or the form.

Where Advanced Markets actually sits

The firm’s own pages disagree with themselves on the office address. The “Office Location” section gives Unit 8, The Warehouse, Woolyard, 52-56 Bermondsey Street, London SE1 3UD, while the “Visit us” section for depositing on the same site gives Unit 5 at the identical building and postcode. Both are drawn directly from the firm’s legal page, and a client trying to visit in person, or serve a notice, or route a written complaint to the correct unit cannot tell from Advanced Markets’ own site which number is current.

Who Advanced Markets will actually take on as a client

Support here is not offered to the general public. The firm’s site-wide legal footer states plainly that “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” The FCA register confirms the same restriction against FRN 777739: this entity does not accept retail clients of the brand. That classification matters for anyone thinking about what recourse looks like if something goes wrong, because Professional and Eligible Counterparty clients sit outside the retail protections a complaint would normally lean on, such as mandatory negative balance protection and FSCS compensation, which a firm does not have to extend to this client category.

The same footer reserves the firm a broad right to turn a client away before support ever becomes relevant: Advanced Markets (UK) Ltd “does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” The last clause is undefined and sits entirely within the firm’s own judgment, beyond the named sanctions and FATF lists.

What happens if an instruction gets lost

Two disclaimers in the site footer bear directly on what a client can expect if they need to complain about something going wrong through the website or through the firm’s own commentary. On market information, the firm states it “will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information,” covering its own published research and analysis. On the website itself, a separate clause disclaims liability “for any delay in or failure of the transmission, or the receipt of any instruction or notifications sent through this website.” Read together, these mean that if a client’s instruction fails to reach Advanced Markets through its own site, or is delayed, the firm’s own terms place that risk on the client rather than the firm.

We looked for a standalone terms of business, client agreement or risk disclosure document on advancedmarkets.com to check whether a fuller complaints or dispute-resolution procedure sits behind these footer clauses, and every attempt returned a 404 or an empty response. We could not confirm from the firm’s own site what complaints process, if any, sits behind the phone line and contact form.

Custody of client funds is also described as conditional rather than automatic: the firm’s site states that “segregated custody accounts with Macquarie Bank are available upon request,” which is an opt-in arrangement rather than a blanket guarantee applied to every account by default. Anyone raising a funds-related query would need to know whether they had actually requested that segregation, since it is not presented as the standing state of affairs.

Checking our own warning-list mirror of 1,441 entries drawn from CySEC, the FCA and the FSC Mauritius, Advanced Markets does not appear on any of them, though that check covers only the regulators we mirror and says nothing about complaints handling itself.

Prohibited Countries

Advanced Markets operates under more than one restriction, and they are not all the same kind of restriction. Some are eligibility rules about who counts as a client at all; one is a named list of excluded countries that we could only read in part; and one hands the firm itself the final say over who it will and will not take on.

Advanced Markets (UK) Ltd will not take retail clients

The firm’s own site states plainly, in the legal footer that runs across its pages: “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” That is not a marketing description, it is the client-eligibility line for the entity that holds FCA authorisation. We checked the FCA register directly: FRN 777739 is held by Advanced Markets (UK) Limited, status Authorised, effective from 10 April 2018, and the register confirms the same professional-and-eligible-counterparty-only restriction. A retail trader, in the FCA’s ordinary sense of the word, is excluded from this entity by its own published terms, and that exclusion carries a real cost: clients who fall outside the retail category do not have to be given the FCA’s retail-client protections, such as mandatory negative balance protection or FSCS compensation cover.

The wider group’s US entity, Advanced Markets LLC, sits differently again. The firm’s own legal page describes it only as the website owner and trademark holder, and states that it “does not solicit or provide any regulated activities anywhere in the world.” On the firm’s own account, then, nobody is meant to be dealing with a regulated broker at that entity at all.

The named-country list Advanced Markets publishes, as far as we could read it

Our earlier review quoted a named list of excluded countries, beginning with Afghanistan, from advancedmarkets.com/legal. We checked that page again on 29 September 2026 and it no longer carries any named list; the only jurisdiction test on it is the sanctions, FATF and internal risk clause. We also tried to reach the firm’s terms and client-agreement pages, its risk-disclosure page, and its account-types and fee pages directly, on repeated attempts, and every one of those requests came back 404 or empty. That means we hold no client agreement that might carry a country list of its own.

Sanctioned and FATF-listed jurisdictions, plus whatever else the firm decides

The legal footer carries a second, broader exclusion, worded as follows: “Advanced Markets (UK) Ltd does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” The first half of that sentence points to identifiable external lists, sanctions regimes and the FATF’s own Call for Action designations. The second half does not: it reserves the firm the right to refuse or cut off clients from any jurisdiction it decides on its own is unacceptable, without naming a list or a standard the reader could check that decision against.

What the warning-list search found

We searched 1,441 warning-list entries mirrored from three regulators, CySEC, the FCA and the Mauritius FSC, and Advanced Markets does not appear in any of them. We ran a positive control against the same three registers first, searching for a firm we already knew was listed, so an empty result here means the name is genuinely absent rather than the search having failed silently. That result covers only the three regulators we mirror; it says nothing about any other jurisdiction’s warning list.

A second account we could not verify against the firm’s own pages

A separately supplied review of “Advanced Markets” describes a retail forex and CFD broker at the domain advancedmarketsfx.com, with $100-minimum retail accounts and blanket negative-balance protection for all clients. That account, marked here as our earlier review rather than firsthand material, describes a different business than the one we fetched directly from advancedmarkets.com across ten country exits, which presents an institutional-only liquidity and prime-brokerage operation restricted to Professional or Eligible Counterparty clients. The two do not square with each other, and the retail account details in our earlier review could not be confirmed on any page we fetched ourselves, so a reader relying on this section should treat the professional-only restriction, sourced from the firm’s own legal footer and confirmed on the FCA register, as the current position, and the retail description as unverified.

Conclusion

Advanced Markets (UK) Ltd scores 4.5 out of 10 overall, up from our previous score of 4.3, and the number tracks a firm that is genuinely licensed but genuinely closed to most readers of this review, with a fee structure we could not verify at all. Regulation comes in at 6.5, fees at 2, platform at 5, support at 5.3 and reviews at 3.9, and each of those figures maps to something checkable below rather than to a general impression.

What the registers confirm about Advanced Markets

The FCA register shows FRN 777739 held by Advanced Markets (UK) Limited, status Authorised, effective 10 April 2018, with Companies House number 10671764 attached to the same entry. The same FCA record carries the firm’s own restriction, stated on its site: “Advanced Markets (UK) Ltd only provides services to clients who qualify as Professional or Eligible Counterparty in accordance with FCA and MiFID rules.” That line is doing real work in the regulation score: a confirmed authorisation is worth something, but an authorisation that excludes retail clients does not carry the same protections a retail trader would expect from an FCA-regulated broker. The ASIC register separately confirms AFS licence 444649 held by Advanced Markets Ltd. Companies House confirms company 10671764, Advanced Markets (UK) Limited, a private limited company incorporated 15 March 2017 and currently Active, though Companies House is a company registry rather than a financial regulator and confirms only the company’s existence, not any licence. Two further numbers on the firm’s own legal page, an ICO data-protection registration and a US state incorporation number for Advanced Markets LLC, sit outside the registers we hold, so we have not checked them; that is a gap in our directory, not a finding about the firm. We also searched 1,441 warning-list entries mirrored from CYSEC, the FCA and the FSC Mauritius, and Advanced Markets does not appear on any of them, which is a clean result but one that covers only those three lists.

What Advanced Markets’s own terms bind a client to

Beyond the professional-clients-only clause, the firm’s site-wide legal footer reserves itself a broad, self-defined right to refuse business: it “does not onboard clients from jurisdictions that are subject to comprehensive international sanctions or are designated by the Financial Action Task Force (FATF) as High-Risk Jurisdictions subject to a Call for Action, together with any other jurisdictions that Advanced Markets (UK) Ltd determines are unacceptable under its internal risk framework.” The same footer disclaims liability twice over: once for losses arising from a client’s reliance on the firm’s own published market commentary, and separately for losses caused by delay, failure or non-receipt of an instruction sent through the website. On custody, the firm’s own root page states that “Segregated custody accounts with Macquarie Bank are available upon request,” which is worded as an optional arrangement a client has to ask for, not a default protection applied to all client funds. The same root page advertises trading “seven asset classes using FIX API” without naming what any of the seven are anywhere in the pages we fetched.

Where the fee and platform picture runs out

Platform-wise, the firm’s own site lists MT4, MT5 and “Fortex 6” as supported front ends, alongside bridge integrations to Fortex, PrimeXM, YourBorse, OneZero and Tools for Brokers, which fits an institutional liquidity and prime-brokerage business rather than a retail platform lineup. Fees are where this review is weakest, and honestly so: repeated attempts to fetch the firm’s terms, fee, spread, commission, account-type or risk-disclosure pages from advancedmarkets.com returned 404 or empty responses every time, so we hold no firsthand cost basis to score against, and the fees figure reflects that gap rather than a known high-cost structure. Support contact details on the firm’s own pages are also internally inconsistent: the “Office Location” heading gives Unit 8 and the “Visit us” heading gives Unit 5, both at the same Bermondsey Street address, so a client trying to locate the office from the firm’s own site cannot tell which unit is correct. Separately, material supplied to us under the name “the earlier review” describes a retail forex and CFD broker at a different domain, advancedmarketsfx.com, with $100 minimum accounts, “Fortex 5” and blanket negative-balance protection for all clients; none of that could be confirmed on the firm’s own fetched pages, it conflicts with the professional-only restriction the firm itself states, and we have treated it as unverified rather than as fact about this firm.

Advanced Markets (UK) Ltd holds a confirmed FCA authorisation (FRN 777739) restricted to professional and eligible counterparty clients, appears on none of 1,441 checked warning-list entries, but publishes no reachable fee terms and gives conflicting office details, earning an overall score of 4.5 out of 10.

What we saw

Pages captured from Advanced Markets’s own site when this review was written. Brokers change their terms; these are what we read.

Advanced Markets AE about page as we captured it
AE about
Advanced Markets AE contact page as we captured it
AE contact
Advanced Markets AE legal page as we captured it
AE legal
Advanced Markets AE root page as we captured it
AE root
Advanced Markets AU about page as we captured it
AU about
Advanced Markets GB legal-3 page as we captured it
GB legal-3

Score history

Recomputed daily; every move is on the record. The current score is always the latest row.

Date Score Move
2026-09-30 4.5 ▲
2026-07-25 4.3 ▼
2026-07-18 4.5 =
2026-07-11 4.5 ·

FAQ

Is Advanced Markets regulated?

Yes. Advanced Markets (UK) Ltd holds FCA licence 777739 and Advanced Markets Ltd (Cayman) holds ASIC AFSL 444649, both confirmed on their registers.

Can retail clients trade with Advanced Markets?

No. The FCA-regulated UK entity is restricted to Professional and Eligible-Counterparty clients only.

What does Advanced Markets charge in fees?

No published cost of trading was found on the broker’s own pages or documents.

What trading platforms does Advanced Markets offer?

Fortex 6, a MetaTrader 4 route, and a MetaTrader 5 route.

How can I contact Advanced Markets support?

By email and a published phone number.

Is Advanced Markets covered by a compensation scheme?

Under its ASIC regulation there is no compensation scheme, but an ombudsman is available, and major FX leverage is capped at 30:1 with negative balance protection.

How this review works

Written by the TrueBroker research team from primary sources: regulator registers, the broker’s own legal documents and verified trader reports. Every licence is checked against the register that issued it. Last checked 10 Oct 2026.
Read the editorial policy and the risk disclaimer. Scores are opinions built from data, not financial advice.

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