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General Information & Regulation
10markets is a trading name of Badale Invest Ltd, a company registered in Scotland. 10markets is not subject to any regulation at this stage. Professional traders are not choosing unregulated brokers as they cannot guarantee fund safety.
10markets offers investors CFD products on Forex currency pairs, stocks, and indices. Tradable instruments available on the 10markets platform are relatively limited compared to many other brokers.
10markets Minimum Deposit
There are five different types of trading accounts available on the 10markets platform: Bronze (minimum deposit of $250), Silver (minimum deposit of $2,500), Gold (minimum deposit of $5,000), Premium (minimum deposit of $10,000), and Platinum (minimum deposit of $25,000).
In regard to trading leverage, the maximum leverage level offered by 10markets is up to 1:200. This trading leverage is already enough for even more agressive trading strategies. Inexperienced traders, however, are not advised to use too high leverage in case of heavy fund losses.
Spreads related information is not fully disclosed on the 10markets official website. According to sector standard, the spread on EURUSD pair is around 1.1 pip to 1.5 pips.
10markets offers traders the most popular MT4 trading platform on the market, as well as the MT4 desktop, web and mobile app versions. In addition, clients can also trade through Mirror Trader.
Deposit & Withdrawal
10markets offers traders a wide range of popular deposit and withdrawal methods, including credit/debit cards, wire transfers, ecoPayz, POLi, CashU, GiroPay, Ideal, and WebMoney.
10markets Pros & Cons
10markets Advantages Include：
1. Five trading accounts
2. MT4 trading platform
3. Multiple deposit & withdrawal options
4. 24/7 customer support
10markets Disadvantages Include：
1. No regulation
2. Less variety of assets tradable
3. Not providing key trading information such as spreads & commissions
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.