PRICEMARKETS

About company:

The history of Price Markets dates back to 2013. The broker provides a wide range of trading instruments with which clients can increase their capital. The company is licensed and regulated by the UK Securities Commission. Price Markets focuses its services on institutional and retail clients. The company is headquartered in London.

 

Trading conditions

Price Markets financial instruments - Forex currency pairs, CFDs, energies, indices, commodities. The broker provides a selection of innovative trading accounts that provide access to the global financial markets from anywhere in the world. Retail clients choose a standard account, the minimum deposit is $ 5,000. Professional traders register an API Account with a minimum account of $ 50,000. It is possible to try the strategy on a demo account that is not limited in time of use. Test tutorials and trading recommendations are also available for beginners. To open an account, you must fill out an application form (in English) and go through verification.

 

Trading platforms

The broker provides access to the popular MetaTrader 4 trading terminal in both desktop and mobile versions. In addition, you can trade with Price Markets through the NeroEx platform - the company's own development. The Integral, CurreNex, LiquildX Knight terminals also work as downloadable programs for the PC.

 

Support service

The section "Support" contains phone numbers and e-mail addresses. The site also has a live chat and a feedback form for customer requests. Managers are available 24/7.

 

Deposit and withdrawal of funds

To deposit and withdraw funds, you can use popular payments: Skrill, CardPay and bank transfer. Price Markets may, in its sole discretion, refuse deposits from certain jurisdictions or withdraw funds back to the Skrill digital wallet, requiring funds to be withdrawn to the client's bank account. There is also a company commission for conducting transactions in the markets - $ 3.5 per standard lot.

 

Criticism of traders

Unfortunately, despite the good trading conditions, the broker cannot boast of an impeccable reputation. Retail customers are confused by the high initial deposit, and rightly so. There are many brokers on the financial services market today who work on more acceptable starting conditions. In addition, the site only supports English. To switch to Russian, you need to install the extension, but the quality of translation is poor. Of course, the language barrier somewhat complicates cooperation with Russian-speaking users. There are also negative comments about the support service and the operation of the account.

 

Pros and cons of a broker

Price Markets advantages:

 

regulated broker wide range of trading instruments demo account availability wide range of trading terminals

 

Disadvantages:

 

lack of Russian-language user support high initial deposit lengthy account verification procedure for clients from the CIS poor adaptive translation of the site into Russian negative criticism of traders

 

Conclusion

Price Markets is a relatively young broker, but the history of the company already has some inaccuracies: the website states that the broker's activity began in 2013, while Facebook states 2003. It is possible that the company changed its name, owner or place of registration. Despite acceptable trading conditions, negative comments from traders reduce the percentage of trust in the broker.

 

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