BRITON MARKETS-Overview of Minimum Deposit, Leverage, Spreads

General Information & Regulation

BRITON MARKETS is allegedly an unregulated forex broker registered in Saint Vincent and the Grenadines that claims to provide its clients with over 100 tradable financial instruments with flexible leverage up to 1:400 and variable spreads from 0.1 pips on the industry-standard MetaTrader4 trading platform, as well as a choice of three different live account types.

Market Instruments

BRITON MARKETS advertises that it offers more than 100 trading instruments across four different asset classes in financial markets, which include forex, energies, metals and indices.

Account Types

Apart from demo accounts, there are three live trading account types offered by BRITON MARKETS, namely Basic, Advanced and Pro. However, the broker says nothing about the minimum initial deposit amount to open an account.

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Basic or Pro account can enjoy the maximum leverage of 1:400, while the Advanced account can experience leverage of 1:200. Remember that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

BRITON MARKETS claims that different account types can enjoy quite different spreads. Specifically, the spread on the Basic account starts from 0.6 pips, while the Advanced and Pro account holders can enjoy lower spreads from 0.1 pips.

Trading Platform Available

The platform available for trading at BRITON MARKETS is the worlds most widely-used MetaTrader4, compatible with web browsers, tablets, smartphones, and laptops/PC terminals. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

The minimum initial funding amount at BRITON MARKETS is said to be $100. However, the broker says nothing about the acceptable deposit and withdrawal methods.

Bonuses

BRITON MARKETS claims to offer various bonuses, covering Welcome Bonus, Stop Out Bonus, Account Transfer Bonus and Refer a Friend Bonus. However, these bonuses cannot be withdrawn easily. More details about the policy of the bonus can be found on the brokers official site.

Customer Support

BRITON MARKETS customer support can be reached by telephone: +382 69 042 417, email: info@britonmarkets.com, live chat or send messages online to get in touch. Company address: First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadine.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.