Sync Markets

Regulated by ASIC, Sync Markets is a forex broker who offers over 300 trading products through MT5 trading platform. It does not charge minimum account balance and commission. However, residents from Afghanistan, Russia and more have no access to trade with it.

Pros and Cons

Is Sync Markets Legit?

Sync Markets is regulated by the Australian Securities and Investments Commission (ASIC). Its regulated entity belongs to Sync Markets Pty Ltd. Besides, it holds license type: Appointed Representative (AR) and license number: 001310454.

What Can I Trade on Sync Markets?

Sync Markets offers over 300 trading products including cryptos, commodities, forex, indices and stocks.

Account Type

Sync Markets offers Standard, Premium and Pro accounts. These accounts do not charge fees and the execution is fast. Besides, all of them provides the maximum leverage up to 500x. There is no minimum account balance.

Additionally, opening an account with Sync Markets is straightforward and uncomplicated. After clicking the button “Open Live Account”, fill out the registration form including user name, email, phone and so on. Then, Read through Sync Markets‘ privacy policy and terms of service and check the box to indicate that you agree to these terms and policies. Once all fields are completed and you’ve agreed to the terms, click on the “Register” button to finalize your registration.

Sync Markets Spreads

In Sync Markets, different accounts offer varying spreads. Standard account offer spreads from 0.5 pips, Premium account from 0.3 pips and Pro accounts from 0 pips, which is lower than other brokers.

Trading Platform

Sync Markets offers MT5, which supports Desktop Terminal, Mobile iOS, Mobile Android and Web Trader.

Customer Service

Sync Markets offers 5/24 customer services via phone, email, and online messaging.

The Bottom Line

In conclusion, Sync Markets offers many trading products via MT5 trading platform. It offers three types of accounts with no minimum account balance and commission. It is suitable for novices due to regulated status and simple account opening procedures.

FAQs

Is Sync Markets safe?

Yes. It is regulated by ASIC.

What tools Sync Markets provides?

It provides trading calculators and economic calendar for their traders.

At Sync Markets, are there any regional restrictions for traders?

Yes. It does not provides services for the residents of Afghanistan, Russia,India, Laos, Pakistan, Panama, Sudan, Ukraine, USA, UK and some other regions.