DKM Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-25 14:33

Abstract：　DKM Markets, registered on Jun 25, 2024, is an online forex and CFD broker offering trading in various assets like commodities, stocks, indices, and more through its DKM Markets App. They offer three account types with zero commissions across the board, a demo account, and high leverage up to 1:100. However, a major drawback lies in its lack of regulatory oversight. Besides, it is limited regarding information on deposit and withdrawal fees and customer support methods.

DKM Markets Information

　　DKM Markets is an unregulated online forex and CFD broker. It offers commodities, stocks, and indices, and you can trade through the DKM Markets App.

　　It provides clients with zero commission across the board and three types of accounts, a demo account, and high leverage of up to 1:100.

Pros and Cons

Pros	Cons
Zero commissions for all accounts	Lack of regulation
Offers three account types and a demo account	Limited information on deposit and withdrawal fees
Offers multiple assets to trade	Limited customer support methods
High level of leverage up to 1:100

Is DKM Markets Legit?

　　DKM Markets is unregulated now. The domain dkmmarketsltd.com was registered on Jun 25, 2024, on Whois, but it is currently in a status where the owner has prohibited domain transfers.

What Can I Trade on DKM Markets?

　　DKM Markets offers 500+ trading instruments for its clients, including forex, commodities, stock, and indices.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stock	✔
Indices	✔
Cryptocurrency	❌
Shares	❌
Metals	❌

Account Type

　　DKM Markets offers three types of accounts, including Cent, Pro, and Premium. It also provides a Demo account for novice players to practice with for free. All three account types share a 1:100 leverage ratio and are swap-free.

Account Type	Key Features
Cent	Trade in cents, zero commissions, swap free
Pro	Low spreads, 1:100 leverage, zero commissions
Premium	Zero commissions, 1:100 leverage

DKM Markets Fees

　　Pro account is distinguished by its low spreads. Importantly, all account types are swap-free and zero-commissions.

Account Type	Leverage	Spreads	Swap	Commissions
Cent	1:100	NA	Swap free	Zero commissions
Pro	1:100	Low spreads	Swap free	Zero commissions
Premium	1:100	NA	Swap free	Zero commissions

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
DKM Markets App	✔	Mobile (Android and IOS)	Investors of all experience levels
MT5	❌	PC and Mobile	Investors of all experience levels

Customer Service

　　You can reach out to DKM Markets mainly by email at support@blforex.com.

Contact Options	Details
Phone	NA
Email	support@blforex.com
Support Ticket System	❌
Online Chat	❌
Social Media	❌
Supported Language	27+
Website Language	English
Physical Address	One World Trade Center 285 Fulton St 77th Floor, New York, NY 10007 United States

The Bottom Line

　　DKM Markets is unregulated，which offers multiple types of assets for trading with up to 1:100 leverage on all trading accounts with no commission charge.