10Markets

Note: 10Markets' official website: https://www.10markets.com/ is currently inaccessible normal.

10Markets is a trading name of Badale Invest Ltd, a company registered in Scotland. 10Markets is not subject to any regulation at this stage. Professional traders are not choosing unregulated brokers as they cannot guarantee fund safety.

Pros and Cons

Is 10Markets Legit?

No, 10Markets operates without regulation. And it is also present in the warning lists of UK‘s FCA, Australia’s ASIC and Cyprus CySEC. Traders should be cautious.

What Can I Trade on 10Markets?

Account Type

10Markets offers five account types: Bronze, Silver, Gold, Premium and Platinum.

Leverage

In regard to trading leverage, the maximum leverage level offered by 10markets is up to 1:200. This trading leverage is already enough for even more aggressive trading strategies. Inexperienced traders, however, are not advised to use too high leverage in case of heavy fund losses.

Spread

Spreads related information is not fully disclosed on the 10markets official website. According to sector standard, the spread on EURUSD pair is around 1.1 pip to 1.5 pips.

Trading Platform

10markets offers traders the most popular MT4 trading platform on the market, as well as the MT4 desktop, web and mobile app versions. In addition, clients can also trade through Mirror Trader.

Deposit and Withdrawal

10Markets accepts deposits and withdrawals via credit/debit card, wire transfer, ecoPayz, POLi, CashU, giropay, iDEAL, and WebMoney.