Score
DuxMarket
United Kingdom|5-10 years| http://www.duxmarket.com/en
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
(784) 456-2577
Other ways of contact
Broker Information
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DUX Holding Group Limited
DuxMarket
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | $500 |
| Minimum Spread | 1.6 |
| Products | currency pairs precious metals CFDs |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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DuxMarket · Company Summary
Note: DuxMarket's official site - http://www.duxmarket.com/en is currently not functional.
| DuxMarketReview Summary | |
| Founded | 2019 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, Precious metals, Crude oil, Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | 1.6 pips |
| Trading Platform | MT4 |
| Min Deposit | $500 |
| Customer Support | Phone: (784) 456-2577 |
| Email: service@duxmarkets.com | |
DuxMarket is headquartered in London. Their products cover the entire financial investment field and provide online trading of diversified global financial products such as forex, precious metals, crude oil, and indices through the leading MT4 platform.
Pros & Cons
| Pros | Cons |
| Variety of financial instruments | Unregulated |
| Demo accounts available | Unavailable website |
| Lack of transparency | |
| Reports of withdrawal issues | |
| Limited account options |
Is DuxMarket Legit?
DuxMarket operates without regulatory oversight. Therefore, traders should exercise caution and consider alternative regulated brokers that provide a more secure trading environment.
What Can I Trade on DuxMarket?
| Trading Asset | Available |
| forex | ✔ |
| metals | ✔ |
| commodities | ❌ |
| indices | ✔ |
| crude oil | ✔ |
| stocks | ❌ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Type
Apart from demo accounts, DuxMarket only offers a single account type known as the Ordinary account. This account type requires a minimum deposit of $500 to get started.
Leverage
DuxMarket provides its clients with leverage of up to 1:400, which allows traders to control a larger position in the market with a smaller amount of capital.
Spreads & Commissions
DuxMarket offers spreads starting from 1.6 pips and information about commissions is not specifed.
Trading Platforms
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginners |
Deposits & Withdrawals
DuxMarket accepts deposits and withdrawals via some popular methods, including Visa, MasterCard, Skrill, and NETELLER.
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