Score
10Markets
Vanuatu|5-10 years| https://www.10markets.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Vanuatu
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed 10Markets also viewed..
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Website
10markets.com
Server Location
United States
Website Domain Name
10markets.com
Website
WHOIS.SAFENAMES.NET
Company
SAFENAMES LTD
Domain Effective Date
2015-02-09
Server IP
172.67.134.31
Company Summary
Note: 10Markets' official website: https://www.10markets.com/ is currently inaccessible normal.
| 10MarketsReview Summary | |
| Founded | 2015 |
| Registered Country/Region | Vanuatu |
| Regulation | Not regulated |
| Market Instruments | Currencies, stocks, indices, and shares |
| Demo Account | / |
| Leverage | Up to 1:200 |
| EUR/USD Spread | 1.1-1.5 pips |
| Trading Platform | MT4, Mirror Trader |
| Min Deposit | $250 |
| Customer Support | Tel: +381 113216897 |
| Email: support@10markets.com | |
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.
Pros and Cons
| Pros | Cons |
| Various trading assets | Inaccessible website |
| Multiple accounts types | No regulation |
| Popular trading platform MT4 | Limited info on trading fees |
| High minimum deposit |
Is 10Markets Legit?
No, 10Markets operates without regulation. And it is also present in the warning lists of UK‘s FCA, Australia’s ASIC and Cyprus CySEC. Traders should be cautious.
What Can I Trade on 10Markets?
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Stocks | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Commodities | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
10Markets offers five account types: Bronze, Silver, Gold, Premium and Platinum.
| Account Type | Min Deposit | Min Trade Size |
| Bronze | $250 | 0.01 |
| Silver | $2 500 | 0.1 |
| Gold | $5 000 | |
| Premium | $10 000 | |
| Platinum | $25 000 |
Leverage
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 aggressive trading strategies. Inexperienced traders, however, are not advised to use too high leverage in case of heavy fund losses.
Spread
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.
Trading Platform
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.
| Trading Platform | Supported | Available Devices | Suitable for |
| Mirror Trader | ✔ | Web | Experienced traders |
| MT4 | ✔ | Desktop, Web and Mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
10Markets accepts deposits and withdrawals via credit/debit card, wire transfer, ecoPayz, POLi, CashU, giropay, iDEAL, and WebMoney.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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