Dollars Markets Review
With offices in Mauritius, Dollars Markets is an online trading broker that gives traders access to various intuitive trading platforms that are available in desktop, web, and mobile versions. Their clients can trade over 400 financial instruments across different asset classes, including forex, commodities, CFDs, stocks, indices, and metals. In addition, there are various learning resources, helpful trading, a knowledgeable client support team to assist traders. The minimum deposit required to start trading is $15.
Pros / Cons
- Advanced trading platforms
- Over 400 trading instruments
- Educational resources
- Responsive client support
- Minimum $15 deposit
- Lacks strict regulations
- No standalone trading tools
- No USA clients
- Located offshore
In this detailed Dollars 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.
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Dollars Markets Overview
Dollars Markets is an online trading broker that was created to try and satisfy the needs of various retail traders. The broker provides their clients with the MT4 and MT5 platforms for trading multiple financial products while providing educational resources, useful trading tools, and a responsive client support team to assist traders. In addition, they provide clients with various trading conditions, such as leverage of up to 1:1000, fast payment methods, super-fast execution, tight spreads, STP execution, and more.
Dollars Markets Regulation
Dollars Markets is authorized and regulated by the Financial Services Commission of Mauritius (FSC) and is authorized to provide licensed services as an Investment Dealer and is authorized to administer client funds with license number: GB21026297.
Dollars Markets Countries
Traders from different parts of the globe can open a live trading account with Dollars Markets, provided that doing so would not be contrary to local laws or regulations.
Some Dollars Markets features and products mentioned within this Dollars Markets review may not be available to traders from certain countries because of legal restrictions.
Dollars Markets Platforms
Dollars Markets provides traders with the MT4 and MT5 trading platforms. These platforms were launched in 2005 and 2010 respectively by MetaQuotes to offer unhindered access to the financial markets. MT4 is packed with multiple trading tools, while MT5 even has more advanced tools. Both platforms have several technical analysis tools and support trade automation with expert advisors. They are available as desktop applications for Windows and Mac computers, WebTrader, and a mobile app that is compatible with Android and iOS devices.
Dollars Markets Trading Tools
There are no standalone trading tools on the broker’s website at the moment. Instead, traders can make do with the various built-in tools of the provided trading platforms.
Dollars Markets Education
Dollars Markets provide traders with a good selection of various educational resources; they are designed to improve clients’ trading skills and knowledge. These educational resources include trading guides, trading analysis, trading tips, and an FAQ section that answers some of the clients’ most common questions.
Dollars Markets Instruments
The broker offers over 400 trading instruments across different asset classes, including forex, commodities, CFDs, stocks, indices, and metals.
Dollars Markets Accounts & Fees
Dollars Markets offers two live trading account options: Standard ($15) and Pro ($50) accounts.
As broker fees can vary and change, there may be additional fees that are not listed in this Dollars Markets review. It is imperative to ensure that you check and understand all of the latest information before you open a Dollars Markets broker account for online trading.
Dollars Markets Support
The broker offers a professional customer support team who are always available and can be contacted via email, Live Chat, online form, social media, or visiting any of their physical offices.
Dollars Markets Deposit & Withdrawal
The broker allows clients to deposit and withdraw funds using any of the following payment methods:
- Bank Transfers
- Credit/Debit cards, such as MasterCard, Visa
- Electronic payment gateways: B2Bin Pay
Dollars Markets Account Opening
To open an account, click on the “Register” button at the top right corner of the broker’s website and follow the subsequent instructions.
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.
Dollars Markets Summary
Operating from Mauritius and Kingstown, Saint Vincent and the Grenadines, Dollars Markets is an online trading broker that allows traders to buy and sell various financial markets via the MT4 and MT5 trading platforms, which are available in desktop, web, and mobile versions. Their clients get access to learning materials, useful trading tools, and a responsive client support team. There is a choice of two live account types trading account options to choose from, with a minimum deposit starting from $15.
Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, experience level, and risk appetite. You can sustain losses that exceed your invested capital, and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.