Score
Sync Markets
Australia|Within 1 year| https://sync-fx.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
Hong KongContact
Licenses
Single Core
1G
40G
Contact number
+44 2080404105
Other ways of contact
Broker Information
More
Sync Markets LTD.
Sync Markets
Australia
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| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | -- |
| Minimum Spread | From 0.1 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | $0 |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | -- |
| Minimum Spread | From 0.3 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | -- |
| Minimum Spread | From 0.5 |
| Products | -- |
| 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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Sync Markets · Company Summary
Regulated by ASIC, Sync Markets is a forex broker who offers over 300 trading products through MT5 trading platform. It does not charge minimum account balance and commission. However, residents from Afghanistan, Russia and more have no access to trade with it.
Pros and Cons
| Pros | Cons |
| Regulated by ASIC | Regional restrictions |
| No minimum account balance and commission charged | No 24/7 customer service |
| 300+ tradable instruments provided | |
| Low spreads |
Is Sync Markets Legit?
Sync Markets is regulated by the Australian Securities and Investments Commission (ASIC). Its regulated entity belongs to Sync Markets Pty Ltd. Besides, it holds license type: Appointed Representative (AR) and license number: 001310454.
What Can I Trade on Sync Markets?
Sync Markets offers over 300 trading products including cryptos, commodities, forex, indices and stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Sync Markets offers Standard, Premium and Pro accounts. These accounts do not charge fees and the execution is fast. Besides, all of them provides the maximum leverage up to 500x. There is no minimum account balance.
Additionally, opening an account with Sync Markets is straightforward and uncomplicated. After clicking the button “Open Live Account”, fill out the registration form including user name, email, phone and so on. Then, Read through Sync Markets‘ privacy policy and terms of service and check the box to indicate that you agree to these terms and policies. Once all fields are completed and you’ve agreed to the terms, click on the “Register” button to finalize your registration.
Sync Markets Spreads
In Sync Markets, different accounts offer varying spreads. Standard account offer spreads from 0.5 pips, Premium account from 0.3 pips and Pro accounts from 0 pips, which is lower than other brokers.
Trading Platform
Sync Markets offers MT5, which supports Desktop Terminal, Mobile iOS, Mobile Android and Web Trader.
Customer Service
Sync Markets offers 5/24 customer services via phone, email, and online messaging.
| Contact Options | Details |
| Phone | +442080404105 |
| +41(0)77 203 26 49 | |
| support@sync-fx.com | |
| Online Messaging | ✔ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | English, Chinese |
| Physical Address | Flat 5, 4th Floor, 27 Penywern Road, SW5 9TT, London, United Kingdom |
| Rue de Lyon 77, CH-1203 Geneva, Switzerland |
The Bottom Line
In conclusion, Sync Markets offers many trading products via MT5 trading platform. It offers three types of accounts with no minimum account balance and commission. It is suitable for novices due to regulated status and simple account opening procedures.
FAQs
Is Sync Markets safe?
Yes. It is regulated by ASIC.
What tools Sync Markets provides?
It provides trading calculators and economic calendar for their traders.
At Sync Markets, are there any regional restrictions for traders?
Yes. It does not provides services for the residents of Afghanistan, Russia,India, Laos, Pakistan, Panama, Sudan, Ukraine, USA, UK and some other regions.
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