Abstract:Decision Market is a forex broker registered in Australia, with the company behind it not disclosed to all. There is no regulation license details displayed anywhere on the Decision Market website. So, it is unsafe to trade with this broker.
General Information & Regulation
Decision Market is a forex broker registered in Australia, with the company behind it not disclosed to all. There is no regulation license details displayed anywhere on the Decision Market website. So, it is unsafe to trade with this broker.
Official Website Unavailable
Since Decision Market official website cannot be opened at this stage, we can only have a rough idea about this broker from some broker reviews websites.
Market Instruments
In terms of tradable financial instruments, Decision Market offers trading in forex currency pairs, commodities, indices, metals and energy.
Minimum Deposit
In terms of minimum deposit, Decision Market require a minimum deposit of $200 to start real trading. Although this sounds reasonable, traders are not advised to register trading accounts here given the fact that Decision Market is not subject.
Leverage
The maximum trading leverage offered by Decision Market is up to 500:1, which is considered high. Since leverage can magnify returns as well as potential losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Decision Market claims that it offers variable spreads, as low as 0.0 pips, but does not specify spreads on particular instruments. This is obviously an advertisement used by Decision Market to attract new traders instead of real trading conditions.
Trading Platform Available
Redromanticwealth offers white label MT4 trading platform. MT4 features include:
Multi-asset investment platform with more than 100 trading varieties
100 charts can be displayed at the same time
Support all order types, including current orders, pending orders, stop-profit and stop-loss and trailing stop-loss
More than 80 technical indicators and 40 analysis tools
Multi-currency tester and alarms
Deposit & Withdrawal
Decision Market does not disclose what payment methods it supports. In most cases, most brokers allow traders to fund their accounts through Credit Cards, wire transfer, Skrill and Neteller.
Customer Support
Decision Market does not offer a decent customer support service, and they can be only reached through email: admin@decisionglobal.com.
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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1