Move Market-Overview of Minimum Deposit, Leverage, Spreads

As Move Market‘s official website cannot be accessible at the moment, we could only piece together this brokerage’s rough picture by gathering information from other websites.

General Information

Move Market is a newly-established forex broker registered in the United Kingdom, offering a series of forex and CFDs trading services. With this broker, two accounts are available, and the maximum leverage offered by Move Market is up to 1:500.

Is Move Market safe to trade with？

When it comes to regulation, it has been verified that Move Market is not authorized or regulated by any regulatory authorities. Thats why its regulatory status is marked as “No license” and it got a very low score of 1.29/10 on WikiFX.

Please be aware of the risk involved.

Account Types

Two trading accounts are available with Move Market, namely the Standard account and the Pro account. To open a Standard account, only an initial deposit from $50 is enough, while the minimum initial deposit requirement for the Pro account soars to $20,000, which is absurdly high.

Leverage

The maximum trading leverage offered by Move Market is up to 1:500, which is considered high. Although high level may increase profits, it can cause serious fund losses. Inexperienced traders are not advised to excessive amount.

Spreads & Commission

Spread is determined by trading accounts. The minimum spread offered by the Standard account is not specified and the Pro account seems to offer relatively competitive spreads, from 0.6 pips. Commission details are not disclosed.

Customer Support

For any inquiries or trading-related issues, Phone and email support is available with Move Market. Further contact details are listed below:

Telephone:+44 1163184203

Email: support@moveonmarket.co.uk

Company Address: UK's address 52 Felix Lane, KW14 4FN, SHURRERY, UK

Risk Warning

Online trading in leveraged Forex and CFD instruments contains a high level of risk and may not be suitable for all investors.

Please note that the information contained in this article is for general information purposes only.