Duttfx Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-30 15:19

Abstract：Duttfx Markets, a brokerage incorporated on Comoros in 2020. It offers products including forex, commodities, cryptocurrencies and stocks. There are also 3 types of accounts that can be traded through MT5. Currently, the broker is not regulated.

Duttfx MarketsReview Summary
Founded	2020
Registered Country/Region	Comoros
Regulation	No regulation
Market Instruments	Forex, Commodities, Cryptocurrencies, Stocks
Demo Account	❌
Leverage	Up to 1:500
Spread	From 1.4 (STANDARD ACCOUNT)
Trading Platform	MT5
Min Deposit	$1000
Customer Support	Email: support@duttfxmarkets.net
	Social Media: Facebook, Instagram, Linkedin
	Physical Address: Bonovo Road - Fomboni, Island of Moheli, Comoros Union.

Duttfx Markets Information

　　Duttfx Markets, a brokerage incorporated on Comoros in 2020. It offers products including forex, commodities, cryptocurrencies and stocks. There are also 3 types of accounts that can be traded through MT5. Currently, the broker is not regulated.

Pros and Cons

Pros	Cons
The number of tradable instruments is large	No regulation
MT5 is available	Minimum deposit is as high as $1000
Support commission-free trading	Demo accounts are not available

Is Duttfx Markets Legit?

　　Duttfx Markets registered its official website in 2020. It is currently unregulated.

What Can I Trade on Duttfx Markets?

　　With Duttfx Markets, you can trade 4 asset classes in major markets: 200 currency pairs, including large, small and cross currencies. 25 cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dash and Ripple.

　　There are also UK, US and European markets that hold more than 65 popular stocks, including Amazon and Boeing. The 20 commodities include metals (gold, silver, copper) and energy (crude oil, natural gas).

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Cryptocurrencies	✔
Stocks	✔
Indices	❌
Bonds	❌
ETF	❌

Account Types

　　Duttfx Markets has 3 types of accounts: STANDARD ACCOUNT, ELITE ACCOUNT and PRO PLAN.

　　Among them, the minimum deposit requirement is $1000, and the maximum leverage is 1:500.

Account Types	STANDARD ACCOUNT	ELITE ACCOUNT	PRO PLAN
Min Deposit	1000$	15000$	50000$
Spread	From 1.4	From 0.9	From ALS 0.2
Commission	No	No	USD 60 per 1 Mill USD
Leverage	1:500	1:500	1:100
Swap Free Charges	No	No	No
Trading Instruments	128 Instruments	128 Instruments	128 Instruments
Trading Account Currency	USD	USD	USD
Minimum Trade Size	0.01 for Forex & Metals	0.01 for Forex & Metals	0.01 for Forex & Metals
Trading Platform	Meta Trader 5	Meta Trader 5	Meta Trader 5

Duttfx Markets Fees

　　The spread of 3 types of accounts started at 1.4,0.9, and 0.2, respectively. Only PRO PLAN charges commission USD 60 per 1 Mill USD, the remaining 2 types of accounts do not charge commission. In addition, none of the three accounts are exempt from swaps.