Markets.fm: comprehensive overview of the broker
Markets.fm stands out as a prominent international online brokerage firm that engages with traders globally, including those from Russia. Owned by Denarium Inc. Limited, registered in the Marshall Islands, the platform operates without a license.
Trading Assets Offered by Markets.fm
Markets.fm presents a diverse array of trading instruments, encompassing cryptocurrencies, fiat currencies, contracts for difference, indices, precious metals, oil, agricultural commodities, and access to the Forex market.
Trading Accounts and Conditions at Markets.fm
The broker furnishes traders with four distinctive trading accounts, each accompanied by personalized educational resources and consultant assistance:
- “Bronze”;
- “Silver”;
- “Gold”;
A minimum deposit of 50 dollars, euros, or pounds is required. For traders seeking bespoke conditions, a VIP account is available, with details accessible through consultants.
Trading Platforms at Markets.fm
Markets.fm provides a user-friendly trading platform equipped with comprehensive charts, interactive indicators, and rapid order execution. The platform is web-based, eliminating the need for downloads.
Moreover, traders can access the Tablet Trader for seamless trading via tablets or smartphones, with the web version of the terminal also accessible.
Deposits and Withdrawals at Markets.fm
Deposits are accepted in dollars, euros, and pounds, with a minimum deposit requirement of 50 units in the respective currencies. Funding options include bank cards, bank transfers, and e-wallets, with no additional commission charges by the broker.
Withdrawals are facilitated through the same method as deposits, with no withdrawal fees imposed. Requests for withdrawals are typically processed within a timeframe ranging from one to five days.
Registration and Login Process at Markets.fm
To register, users are required to provide accurate details, including email and phone number, via a registration form. While registration is sufficient for trading, withdrawal mandates verification. Traders need to submit scans of their passport, proof of residence, and bank card via the personal account portal.
Final Thoughts
Before engaging with Markets.fm, it is advisable to meticulously review the terms of the agreement and peruse relevant reviews. Exercise caution when making investment decisions and seek guidance from experts if uncertainties arise.
This review has been prepared by the specialists at ExpertsReview.
My experience with Markets.fm was incredibly disheartening. The platform itself was not user-friendly or intuitive, making it difficult to navigate and execute trades smoothly. Furthermore, their customer service was truly dreadful. I had to wait for several days to get any response from them, and even then, their responses were not helpful at all. The financial advice provided was often vague and confusing, negatively impacting my trading decisions. The broker seemed unprofessional, and there was a lack of transparency in their fees structure too. Worse, at times I suspected that my losses were due to improper handling from their end. Overall, I would not recommend using Markets.fm for trading.