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Score
Influence
Add brokers
Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index7.03
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Update Ltd
Company Abbreviation
DowMarkets
Platform registered country and region
Marshall Islands
Company website
Company summary
Pyramid scheme complaint
Expose
General Information
DowMarkets is an online forex broker registered in the Marshall Island, offering its clients a wide selection of trading instruments, five trading accounts available. Please note that the company behind this trading brand is not disclosed to all, and there is no evidence to show that this brokerage house is subject to any regulation.
Market Instruments
With DowMarkets, traders can have the opportunity to trade some mainstream trading assets in the markets, including indices trading, stocks trading, Currency Trading, Cryptocurrency Trading.
Account Types
DowMarkets provides its clients with five trading accounts to suit different traders trading needs and trading goals, namely Start, Silver, Gold, Platinum, and VIP accounts. The minimum initial deposit for each account ranges from $250 to $100,000. Five tiered accounts require a significantly different initial capital. To open a basic account type, that is the Start account, you need only fund at least $250 into your account, and opening an Silver account requires at least $3,000. While for other three accounts, traders need to inject at least $10,000, $50,000 and $100,000, respectively. Additional account features are displayed in the following screenshot:
Welcome Bonus
DowMarkets offers a bonus plan to attract new investors, and specific amount varies depending on different trading types. With a Start account, you will get a welcome bonus, and the Silver account offers you bonus up to 40%, the Gold account up to 60%, the Platinum account up to 75%, and the VIP account up to 100%.
Spreads & Commissions
Specific spreads on particular instruments are not disclosed and it is determined by trading account you are holding. DowMarkets claims that the Start account offers basic spreads, Silver account with medium spreads, the Gold account with reduced spreads. VIP account holders can enjoy low spreads and Premium account holders can enjoy minimum spreads. Commission details are not mentioned yet.
Trading Platform Available
DowMarkets offers its clients an online platform called XCritical(Quant ROI Ltd) , featuring a use-friendly interface, suitable for traders of any trading levels and trading experience, no matter if you are a professional traders or just starting out.
Deposit & Withdrawal
DowMarkets works with a series of payment processors for its client to make a deposit and withdrawal, including the following:
MasterCard
Maestro
VISA
QIWI
Bitcoin
Webmoney
Customer Support
Traders with any inquiries and trading related issues can get in touch with DowMarkets customer support through the following contact channels:
Telephone: +43720022601
Email: support.en@dowmarkets.com
Online chat communication
Company Address: Prometheus LTD Ajeltake Road, Ajeltake Island, Majuro, Marshall Island MH96960.
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