Abstract:Dollars Markets is a St. Vincent and the Grenadines registered online Forex and CFD broker, offering diversified trading instruments including currencies, commodities, indices and more through the award-winning MT4 trading platform.
General Information & Regulation
Dollar Markets is a St. Vincent and the Grenadines registered online Forex and CFD broker, offering diversified trading instruments including currencies, commodities, indices and more through the award-winning MT4 trading platform.
Market Instruments
Investors can trade Forex currency pairs, commodities, indices, and cryptocurrencies on the Dollar Markets platform.
Minimum Deposit
Dollar Markets has two different trading accounts, a standard account (minimum deposit of $15) and an ECN account (minimum deposit of $2,000).
Dollar Markets Leverage
In terms of trading leverage, the maximum leverage level offered by Dollar Markets is relatively high, reaching up to 1:1000. Since leverage, can amplify both profits as well as losses, traders are not advised to use high trading leverage in case of fund losses.
Spreads & Commissions
Dollar Markets' official website only shows the spreads for some cryptocurrencies, such as Bitcoin USD with a minimum spread of -17.53 pips, Ether USD with a minimum spread of -673.972 pips, and Litecoin USD with a minimum spread of -6.39 pips. Additionally, the spreads for other financial instruments are not provided.
Trading Platforms
Dollar Markets offers traders the popular and powerful MT4 trading platform, which is the preferred choice of most traders worldwide when trading Forex, with powerful charting tools, a large number of custom technical indicators, and support for automated and robotic trading for traders of all levels.
Deposit & Withdrawal
Dollar Markets supports traders to deposit and withdraw funds to their investment accounts via instant bank transfer, VISA credit card, NETELLER, Skrill.
Dollar Markets Pros & Cons
Dollar Markets Advantages Include:
1. Two types of accounts available
2. MT4 trading platform
Dollar Markets Disadvantages Include:
1. No regulation