Абстракт：Castle Market, founded in 2022, offers trading in stocks, bonds, commodities, currencies, options, and futures with leverage up to 1:3000 and EUR/USD spread from 7 pips on the Standard account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just 20 USD. However, it operates without regulatory authorization from the National Futures Association (NFA).
Castle Market, founded in 2022, offers trading in stocks, bonds, commodities, currencies, options, and futures with leverage up to 1:3000 and EUR/USD spread from 7 pips on the Standard account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just 20 USD. However, it operates without regulatory authorization from the National Futures Association (NFA).
Pros and Cons
Is Castle Market Legit?
Castle Market claims that it is regulated by the Financial Conduct Authority (FCA), holding Common Business Registration License with No. 15950041. However, this license has been exceeded.
What Can I Trade on Castle Market?
Castle Market offers over 60 currency pairs, stocks, bonds, commodities, options, and futures.
Account Type
Leverage
It is important to keep in mind 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.
Castle Market Fees
Trading Platform
Castle Market offers MT5 desktop and mobile application. MT5 offers a more advanced charting package compared to its predecessor. It supports up to 21 timeframes (compared to 9 in MT4) and provides more graphical objects and technical indicators, facilitating more precise market analysis.
Deposit and Withdrawal
Castle Market accepts debit/credit card through the Stripe and Payscout platforms. It also accepts cryptocurrency through the Coinbase platform.
