Duo Markets

WikiFX | 2024-12-06 13:43

Extracto：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
Customer Support	24/7 Live Chat

Duo Markets Information

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 and Cons

Pros	Cons
Support MetaTrader 5	Lack of regulation
Offers two account types and a demo account
Requires minimum deposit of $20
High leverage up to 1:500

Is Duo Markets Legit?

Duo Markets is not regulated.

What Can I Trade on Duo Markets?

Duo Markets offers many tradable assets mainly including forex, actions, commodities, indexes, cryptocurrencies, and futures.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Crypto	✔
Indices	✔
Shares	❌
Metals	❌

Account Type

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 Fees

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

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