DowMarkets-Overview of Minimum Deposit, Spreads & Leverage
Abstract：Founded in 2018, DowMarkets is an unregulated broker registered in Marshall Islands, offering trading on forex, commodities, stocks, indices, metals and crypto coins with leverage up to 1:200 and spread fixed at 2 pips via its proprietary trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $250.
| DowMarkets Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Marshall Islands |
| Regulation | No regulation |
| Market Instruments | Forex, commodities, stocks, indices, metals, crypto coins |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Spread | Fixed at 2 pips |
| Trading Platform | Proprietary platform |
| Min Deposit | $250 |
| Customer Support | Live chat |
| Tel: +692 +43720022601 | |
| +44 7418350408 | |
| Email: support-en@dowmarkets.com | |
| support.de@dowmarkets.com | |
| support.ru@dowmarkets.com | |
| support.en@dowmarkets.com | |
| Address: Prometheus LTD Ajeltake Road, Ajeltake Island, Majuro, Marshall Island MH96960 | |
DowMarkets Information
Founded in 2018, DowMarkets is an unregulated broker registered in Marshall Islands, offering trading on forex, commodities, stocks, indices, metals and crypto coins with leverage up to 1:200 and spread fixed at 2 pips via its proprietary trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $250.
Pros and Cons
| Pros | Cons |
| Various trading products | Inaccessible website |
| Demo accounts | No regulation |
| Multiple account types | Wide spreads |
| Popular payment options | Dormant account fee charged |
| Live chat support | No MT4/5 |
| High minimum deposit requirement | |
| Withdrawal fee charged |
Is DowMarkets Legit?
No. DowMarkets currently has no valid regulations. Please be aware of the risk!
What Can I Trade on DowMarkets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Crypto coins | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| Start | $250 |
| Silver | $3,000 |
| Gold | $10,000 |
| Platinum | $50,000 |
| VIP | $100,000 |
Leverage
The broker offers maximum leverage of 1:200. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
DowMarkets Fees
Trading Fees
The spread for the Start Account is fixed at 2 pips.
Non-Trading Fees
The dormant account fee of 5%, no less than 25$, will be deducted each month after 90 days of inactivity.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Web, Desktop, Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments via Visa, MasterCard, Zotapay, a range of crypto wallets, Cardpay, e-Payouts, and CEX.IO.
The minimum withdrawal amount is $50. If less than 5 trades are made prior to the withdrawal, an additional 5% charge shall be levied from an account.
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