DowMarkets-Overview of Minimum Deposit, Spreads & Leverage

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

Is DowMarkets Legit?

No. DowMarkets currently has no valid regulations. Please be aware of the risk!

What Can I Trade on DowMarkets?

Account Type

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

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.