ES markets

ES Markets, established in 2018 and based in China, operates without formal regulation. It offers a wide range of tradable assets including forex, energy, metals, and indices with account types like Standard, Professional, and Clearing, alongside a demo account for practice throught the MT4 platform. The minimum deposit starts at $500.

Pros and Cons

Is ES markets Legit?

ES Markets states that their client funds are kept in separate bank accounts, ensuring complete separation from the company's working capital. These funds are managed independently within a third-party bank account at a financial institution in the European Union. ES Markets LLC employs the SSL (Secure Sockets Layer) network security protocol to secure data communications between the company and its clients. However, the company is not regulated.

What Can I Trade on ES markets?

ES markets offers forex, energy(crude oil), precious metals and index. It offers 28 foreign currency mainstream currency pairs, including US Dollar, Euro, British Pound, Japanese Yen, Canadian Dollar, etc. Besides, you have access to six precious metal pairs, including gold or silver in US dollars or Euros.

It also offers six major indexes including the Dow Jones Index, the S&P Index, the Nasdaq Index, the UK FTSE 100 Index, the German DAX30 Index, and the French CAC 40 Index.

Account Type

ES markets offers three live accounts: the Standard account, the Professional account and the Clearing account with the minimum deposit of $500, $500 and $50,000 respectively.

A demo account is also available for those looking to practice without financial risk.

The details on each account are as follows:

Leverage

ES Markets provides leverage options for various trading instruments: 1:50 or 1:100 for forex trading, 1:50 for crude oil and precious metals, and 1:100 or 1:20 for indices. The leverage options are available across three account types: Standard Account, Professional Account, and Clearing Account, all offering 1:50 or 1:100 leverage.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

ES markets Fees

ES Markets structures its spreads across its account offerings. The Standard account features spreads beginning at 1.6 pips. The Professional and Clearing accounts, however, offer spreads starting at 0 pips to serve high-volume.

Trading Platform

ES Markets offers a comprehensive MetaTrader 4 (MT4) trading platform, including its Mobile terminal MT4, PC MT4, and web version MT4. The Mobile terminal MT4 enables traders to execute trades and monitor markets on the go via smartphones or tablets, while the PC MT4 provides robust charting and trading capabilities. The web version MT4 allows traders to access the platform and perform trades directly through their web browsers without any software installation.