Price Markets Review
What are price markets?
Price Markets brokers match orders through their established ECN system for more than 50 FX, Indices, and Commoditieson a variety of trading platforms, gateways, in the client's choice. Price Markets, a UK-based provider of FX Prime Brokerage services and infrastructure services to the trading community, has been in operation since 2013.
A brokerage's main purpose is to develop a wide range of technological solutions and offer a competitive offering for global traders through high-tech at a higher level. Price Markets has been successful in all their endeavors. won numerous awards and recognitionsfor accomplishments, as well as good references from traders.
Broker: Price Markets
Minimum deposit: 500 US$
Leverage: 1:30
Regulator: FCA
Year: 2013
Platforms: MT4 ECN, WebTrader, Currenex, liquidX, integral
HQ: UK
Price Markets Licenses:
Price Markets UK Ltd (Price Markets), authorised by FCA UK (UK) registration number. 725804 is not active
Overview
Price Markets is a trusted broker that offers good trading conditions and trading technology. Opening an account is easy, trading instruments can be found in many places, and there is no commission.
The downside is that price markets may not be for advanced traders. There is no 24/7 support and education are very basic.
Pros
MT4 platform
FCA-regulated
Zero-pip spreads
Professional account
24/7 customer support
Cons
Less suitable for beginners
$5,000 minimum deposit
US clients not accepted
Rating of the company overall
Reliability ⭐⭐⭐⭐
Platform ⭐⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐⭐
Support ⭐⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐
RATING: 4.6
Are Price Markets real or fraudulent?
Price Markets UK Ltd is not a fraud. Price Markets UK Ltd was established by the UK. It is authorized by FCA (Financial Conduct Authority), to operate in a strong regulatory environment that is low-risk trading broker. regulation is actually the most important partbecause a reputable license provides measures, controls, and reporting on the market and counterparty risk to authorities.
It means that Price Markets protects client money by placing it in separate accounts at major UK institutions. In the unlikely event Price Markets is unable to fulfill its financial obligations, upto 50,000 GBP FSCS protection per retail client.
Leverage
Price Markets offer leverage as high as 1:30 for major currencies. This allows you to trade larger amounts than the initial balance and maximizes your potential. However, leverage can also work in the reverse, so you need to learn how to use it well.
The FCA regulations define the lower level, as Price Markets is authorized in the UK. This is done to protect retail traders against unpractical high leverage ratios.
Types of accounts
Price Markets offers account optionsdesigned to meet specific trading needs. The minimum deal size can vary from market to market and can be as low at 1,000 USD or as small as 1 micro-lot. Although retail accounts are only one type at the beginning, different conditions can be offered depending on the trader's experience, size and type.
Fees
Price Markets transaction fees and pricing include the commission, spread, Swap charge, or credit on each rollover, based on the interest rate of the two traded currencies, with a markup/markdown starting at 1.5%
Spreads
Typically, Price Markets Forex spreads start at 0.0 pips and Gold from 12 Cents. UK100 - 0.7 ptsand GER30 0.3 pts. While costs are built into a Commission Charge of 3.5$ for Standard accounts, You can also check spreads from BlackBull Markets.
Payment Methods
You have many options for withdrawing money from or depositing to the live account. There are many options available, including Bank and Credit Card, Debit Card and local payment options as well as many web payments such as Giropay or Skrill, POLi or Sofort etc.
Minimum deposit
500$ is the minimum deposit required for Price Markets. This will enable you to subscribe for either a Trading Account or a Partner account, with MAM or PAMM options.
Price Markets Minimum Deposit vs Other Brokers
Withdrawal
It is even better that Price Markets doesn't charge any fees to withdraw or deposit. However, accounts are available in USD, EUR and GBP currencies. This is definitely a great feature.
Trade Platforms
Price Markets offers a variety of platforms that offer the best trading experience and the option to choose from. All platforms are powered by a low-latency, proprietary cloud networkin LD or NY.
Additionally, traders have the option to choose from a variety of trading options that include co-location, algorithmic trade, aggregator/bridge, deliverable FX and PAMM for money mangers.An additional cost range of machines offers VPS starting at 50$ per month, Custom cloud and Research and Enterprise (Bare Metal Service), among others.
The mainstay of the Price Markets platform is the MetaTrader4Terminal. This is the desktop version, which is also enhanced with priceCLOUD. Currenex, which offers seamless pricing and anonymity, as well as liquidX that integrates DMA execution, is another platform offered.
There are many options for technical trading and APIs. These solutions vary depending on the order of your strategies and the conditions you have.
Other than the many powerful features, additional trading applications allow you to review the real-time performance from hundreds of signal providers and communities, which is a very extensive selection.
Customer Support
The broker also organizes customer service. This ensures that clients receive exceptional attention. Price Markets is open to all clients, regardless of their trade type, corporate or retail. Even though some educational materials may be slightly outdated, they offer support by providing information. You can reach customer service via chat, email, phone, or other means in many languages.
Conclusion
Price Markets' review revealed that the broker treated customers fairly as a Matched principal broker. Price Markets UK provides technology solutions for trading that use ECN connection. CFD contracts (Contract For Different) are used to trade all market range. They are hedged in the appropriate market for the instrument that you trade. All traders can start trading with Price Markets, regardless of their size. However, those who are new to trading will not find many educational materials.
Market Updates
Price Markets website has been removed. The broker does not have a valid regulatory license.