Company Summary
Aspect | Information |
---|---|
Registered Country/Area | St. Vincent and the Grenadines |
Founded Year | 2020 |
Company Name | Dollars Markets |
Regulation | FSC |
Demo Account | Not Available |
Minimum Deposit | $5 |
Maximum Leverage |
1:3000 |
Spreads |
Variable spreads starting from 0.02 pips |
Trading Platforms |
MetaTrader 4, MetaTrader 5 |
Customer Support |
Contact Form |
Introduction
Dollars Markets is a dedicated forex trading platform. It provides multiple trading tools and investing opportunities. The platform is created with a user-friendly approach and allows a seamless trading process.
The Dollars Markets review will help you understand the legitimacy of the platform. It will discuss the key features of the platform including accounts, commissions, security, and transactions.
Dollars Markets Overview
Dollars Markets is an online platform known for web and mobile trading options. It allows investment on MT4 and MT5 trading platforms. The platforms provide trading tools to improve your trading process. The platform offers dedicated FX currency pairs making it perfect for forex traders.
Additionally, the platform also provides access to other assets making it easy for traders to explore the market. The platform has low spreads, instant executions, and leverage options. The platform also has multiple security features that enhance protection.
Trading Instruments Available on Dollars Markets
At Dollars Markets, traders can access trading opportunities in the Forex market. The platform provides multiple assets depending on the account types from the global market.
Forex
Dollars Markets offers support in the FX trading market 24/7. The platform gives access to over 100 FX currency pairs varying for the different accounts. The platform provides low spreads and high-leverage options.
Metals
Traders can invest in precious metals. These include gold and silver. Traders can invest in these metals without actually buying them.
Indices
Dollar markets allow traders to invest in global indices. The platform helps traders understand and analyze market movements for better returns and decisions.
Stocks
Dollar markets provide access to over 150 stocks from global companies like Apple, Amazon, and Google. The platform gives Pro account holders access to trading in stocks.
Cryptocurrencies
The Dollar Markets trading platform allows traders to invest in digital currencies around the globe. It provides standard accounts with 5 currencies and over 100 currencies are available for pro accounts.
Account Types Provided by Dollars Markets
Dollars Markets provides two different trading accounts. These accounts provide access to multiple trading opportunities on different assets. The tools and strategies differ for the accounts. The two accounts are:
Standard Account
The accounts are designed for traders with basic trading knowledge. It offers low minimum deposit and commission-free trading. The accounts do not give access to shares and energy trading.
Pro Account
The accounts are created to provide traders with commission and swap-free trading experiences. The account has a higher minimum deposit than the standard accounts. It provides exposure to the market with a larger number of trading products.
If you want to check out other regulated forex brokers with more account types to match your needs, you can check out SmartSTP, Capplace And FX Road.
Deposits and Withdrawal
Dollars Markets provides different payment methods for withdrawals and deposits. This makes it ideal for traders to invest based on your convenience.
Deposit Methods
The platform has instant deposits through various methods. It includes bank transfers, visa/master cards, and cryptocurrencies. All these methods have a different minimum amount.
Withdrawal Process
The platform has bank transfers as the only withdrawal method. The platform offers instant withdrawal varying on the execution time. The withdrawal can also take over 1-3 business days.
Fees and Commission
One of the major attractions of Dollars Markets is its competitive fee structure. It emphasizes low trading costs to make the platform more appealing to traders.
Spreads
Dollars Markets offers low spreads on major forex pairs. Spreads start as low as 0.02 pips making it easier for traders.
Commissions
The platform provides a commission-free trading process. This makes it easier for traders with low budgets to trade without giving additional charges.
Other Fees
There are no significant hidden fees, though traders should be aware of potential inactivity or withdrawal fees for certain methods. The platform also does not charge swap fees, for Islamic traders.