DMX Markets Review
Operating from Saint Vincent and the Grenadines, DMX Markets is an online trading broker that facilitates online trading of shares, forex, commodities, and indices using online trading technology. The broker offers multiple account options with a minimum deposit requirement of 250 EUR/GBP and leverage of up to 1:200 as well as negative balance protection to clients.
DMX Markets Review, Pros & Cons
- Sophisticated trading platforms
- A range of trading tools
- Some educational resources
- Multiple trading products
- Unregulated broker
- Located offshore
- No USA clients
- Not the tightest spreads
- Minimum $250 deposit
- Limited payment options
- No online chat support
- No contact telephone number
In this detailed DMX Markets review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
DMX Markets Overview
DMX Markets is an online trading broker that was launched in Saint Vincent and the Grenadines and has since grown into an established online financial services provider with registered accounts across the globe. They offer multiple financial instruments for trading online using a range of sophisticated trading platforms. Traders are provided with a selection of trading and learning tools, as well as a responsive customer support team.
DMX Markets Regulation
There is no regulatory information on the broker’s website presently. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
DMX Markets Countries
They allow clients from different parts of the globe to open a trading account with them if doing so would not contradict any local law or regulation.
Some DMX Market’s features and products mentioned within this DMX Markets review may not be available to traders from certain countries because of legal restrictions.
DMX Markets Platforms
The broker provides traders with the sophisticated MetaTrader 4 trading platform, which is regarded as one of the best trading platforms amongst some forex and CFD traders. The platform offers chart-based trading and access to update, modify, and optimize chart positions. The broker makes the MT4 available as a desktop application for Windows and Mac computers, a WebTrader, and a mobile trading app that is designed for Android and iOS devices.
DMX Markets also provides the Sirix Trader that is presented as a WebTrader, which requires no downloads or installations as it can run directly on most modern web browsers. The platform is fully customisable, and it allows traders to open, close, and edit individual and aggregate positions fast. It has the copy trading feature as well as charts and a range of indicators, amongst others.
DMX Markets Trading Tools
The broker provides traders with a range of useful trading tools that are aimed at ensuring traders get an improved trading experience. They include Economic Calendar, Technical Analysis, and more.
DMX Markets Education
The broker’s website has a knowledge center that contains a good selection of educational articles and guides. There is also the market news and FAQ sections.
DMX Markets Instruments
DMX Markets offers forex, commodities, indices, and stocks for trading online.
DMX Markets Accounts & Fees
The broker offers a choice of multiple trading account types that are designed to meet the individual trading needs of clients of all experience levels. The account types and their corresponding minimum required deposits are as follows: Green (5000 EUR), Premium (10,000 EUR), Platinum (50,000 EUR), Executive (100,000 EUR), and Presidential (250,000 EUR) accounts. Swap-free Islamic accounts are available upon request, while demo accounts are provided for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this DMX Markets review. It is imperative to ensure that you check and understand all of the latest information before you open a DMX Markets broker account for online trading.
DMX Markets Support
The broker offers a client support team that can be reached via email.
DMX Markets Deposit & Withdrawal
The following payment methods are available for deposits and withdrawals at DMX Markets:
- Credit/Debit cards (Visa, MasterCard, Maestro).
- Bank wire transfer
DMX Markets Account Opening
Account opening is easy; click on the ‘Open An Account’ button and fill out the form displayed.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
DMX Markets Summary
DMX Markets is an online trading broker that offers a wide range of trading instruments for trading online via two popular trading platforms, along with a range of educational resources and trading tools. They also offer multiple account options to clients.
Trading in leveraged instruments can result in losses greater than the initial invested capital; ensure you fully understand the risks involved and seek independent advice if necessary, taking into account your investment objectives and level of experience. You should not risk more than you are prepared to lose.