Price Markets Review Summary
Price Markets Review Highlights
Pros & Cons
- MT4 offered
- No secret charges
- Social-media active
- Separated customer accounts
- Follows strict regulations
- Tech used: NeroEx
- Deposits are high
- Will not accept US customers and those from several other nations
- No economic calendar available at this time
This brokerage matches client’s orders with an ECN system on over fifty forexes, indices and commodities on a number of platforms. The company hails from the United Kingdom and provides fx trading and infrastructure service for traders.
They were established in 2013 and worked on a wide scope of tech options and creating competitive offerings for clients across the globe via sophisticated technical solutions. The company rightfully got a number of accolades and positive feedback from trade enthusiasts.
They are neatly organized and pay attention to their users. This goes for retail and corporate clients, alike, even though there isn’t a lot of material on offer when it comes to learning. They have support in lots of languages and can be contacted via chat, phone and email.
Is this brokers secure?
They are regulated by the FCA from the United Kingdom and have to run with their guidelines. This is crucial, since being authorized by someone is the clearest indicator of being able to trust a broker.
The client funds are kept in separate accounts in financial entities that are respected and this ensures that funds are protected. Also, there is up to 50k GBP FSCS protection for every retail trader in case of insolvency.
Platforms to Trade
The company offers a number of platform options that give you a superb trading experience. They operate on low-latency cloud networks in New York and London.
Trade solutions offered are co-location, trading via algorithms, agreggators, FX, PAMM for money managers, IBs and white labels. There are additional costs for some options that propose VPS.
Naturally, the renown MT4 is offered. The desktop version of this is made better with priceCLOUD. There is also Currenex that provides better costs, as well as liquidX, integral ft. DMA execution.
Tech trading and APIs also have a number of solutions and these depend on varying terms and plans you utilize.
Moreover, you have applications for trades that let you go over real-time performances of a number of alert providers or communities.
Different accounts are offered and are made to go with your trading strategies. The min. deal size also changes according to markets and goes from as little as 1k USD to 1 micro-lot. The retail account kind has only one form, but when you pass the questioner you will be provided with various terms that change according to the trading size, the background of a user, etc.
You may be charged for commissions, spreads and swaps or credits for every rollover on the basis of interest rates of the 2 traded currencies with a mark-up/mark-down from 1.5%. The fx spreads begin at 0.0 pips, gold starts at 12 cents, UK100 starts at 0.7 pips and GER30 at 0.3 pips.
The leverage is a max of 1:30 for big currency pairs and this leads to larger trading sizes when compared to the initial equity you have and this will then max out your capabilities. Learn to use this in a smart way, since it brings risks with it.
The deposit and withdrawal method used can be via banks, credit cards, debit cards, local payment solutions, Giropay, Skrill, POLi, Sofort… You are free to make your choice according to where you reside.
The min. deposit is five hundred dollars, and this lets you sign up for a trading account or a partner account that includes MAM and PAMM solutions.
There are no extra charges for withdrawing money and accounts with USD, EUR, GBP, JPY and CHF currencies are great additions.
They are adamant in their fair treatment of traders, seeing how they run tech solutions for trades that utilize ECN connection. There are thus no problems for the trader positions and no conflict of interest.
The markets are traded as CFDs which are hedged exposures in relevant marketplaces for the instruments clients will be trading. Any user will be able to find something that suits them here, thanks to the rich offer. But newbies will find the learning section lacking.
Price Markets Registration
If you are the owner of this platform you can manage this account. First you need to claim the ownership of the platform.