Abstract:Duo Markets is a forex broker offering various tradable financial instruments including forex, actions, commodities, and indexes. It offers two account types and a demo account through MT4 and MT5 with high leverage up to 1:500. However, it is unregulated.
Duo Markets Review Summary | |
Founded | 2019 |
Registered Country/Region | South Africa |
Regulation | Not Regulated |
Market Instruments | forex, actions, commodities, indexes, cryptocurrencies, and futures |
Demo Account | Yes |
Leverage | Up to 1:500 |
Spread | Starting from 0.0 pips |
Trading Platform | MetaTrader 4 and MetaTrader 5 |
Min Deposit | $20 |
Customer Support | support@duomarkets.com |
24/7 Live Chat |
Duo Markets is a forex broker offering various tradable financial instruments including forex, actions, commodities, and indexes. It offers two account types and a demo account through MT4 and MT5 with high leverage up to 1:500. However, it is unregulated.
Pros | Cons |
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Duo Markets is not regulated.
Duo Markets offers many tradable assets mainly including forex, actions, commodities, indexes, cryptocurrencies, and futures.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Crypto | ✔ |
Indices | ✔ |
Shares | ❌ |
Metals | ❌ |
Duo Markets offers three account types: Demo, Standard, and Raw Spread. You can refer to the table for details.
Account Type | Minimum Deposit | Commission per lot | Spread | Maximum trade | Maximum leverage | Fees on Card Deposits & Withdrawals |
Demo | Not required | 0 | According to Account Type | 1000 lots | Up to 1:500 | - |
Standard | $20 | 0 | 0.9 pips | 50 lots | 1:500 | $0 |
Raw Spread | $300 | 7 USD, 6.5 EUR, 6 GBP | 0.0 pips | 50 lots | 1:500 | $0 |
Duo Markets offers spreads starting from 0.0 pips for live accounts, with $0 commissions for Standard accounts and $7 commissions for Raw Spread.
Trading Platform | Supported | Available Devices | Suitable for |
MetaTrader 4 | ✔ | PC and Mobile | Investors of all experience levels |
MetaTrader 5 | ✔ | PC and Mobile | Investors of all experience levels |
Duo Markets requires a minimum deposit of $20 for live accounts. It charges no fees for Card Deposits & Withdrawals.
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