Broker Summary
Summary of the broker
An Overview of the Price Markets Brokerage
An Overview of the Price Markets BrokerageTrading Conditions and Trading Platforms
Your trading conditions impact your costs and how much flexibility you have in your trading operations. There is not much published information on Price Markets, but the following information provides a general idea of Price Markets' trading conditions:
Trading Conditions
Conditions
Spreas - Variable
Leverage - 1:200
Minimum Deposit - $5,000
Trading Platforms - MetaTrader 4
The use of MetaTrader 4 as their main trading platform suggests that it contains a lot of the tools that most traders are familiar with. However, there is still not much information available regarding Price Markets' execution model and the methods utilised in determining its spreads.
Commission and Fees
Understanding the commissions and fees charged by a broker is a must for every trader. Although Price Markets does not have a complete fee schedule, it does provide basic information on its fees.
Fees
Conditions
Deposit Fees: Bank Transfer £15; Credit Card 3.5%.
Withdrawal Fees: E-wallet 4%
Commission: EURUSD, EURGBP $3.50 per Side; AUS200 25 Basis Points per Lot per Side; USOil and UKOil $3.50 per Lot; Gold and Silver $3.50 per Lot per Side
To avoid unexpected charges, traders should obtain an up-to-date fee list from Price Markets.
User Experience and Reputation
Very few reviews or independent evaluations of Price Markets have been published so it makes it hard to evaluate the quality of their customer service, the consistency and reliability of order execution, etc., as well as provide an assessment of the experience overall. If you are a new trader, you may want to start off with smaller amounts or demo accounts to test the waters first.
Recent Updates
At the moment, there is no current news or recent developments regarding Price Markets. For the latest updates and important regulatory news, traders should continue to monitor the official Price Markets website for updates.
Summary
Overall, Price Markets is geared towards the online trading community, but due to the lack of available information, it can be difficult to provide a fair assessment of the company. There are several important things to verify, such as the existence of a suitable regulatory license and clarification of the various fees, commissions and trading conditions.
If you are considering using Price Markets as a trading broker, it is critical to:
Verifying the existence of valid, reputable and relevant regulatory license.
Request and obtain complete fee and platform information.
Conduct your own independent research.
Exercise caution and responsibility regarding deposits.
When working with a broker with limited understanding, you should carry out very thorough due diligence.
Regulatory Licenses
Compliance & oversight
FCATier 1Regulated
Account Types
Trading account options
StandardStandardMin Deposit USD 5,000 • Leverage 1:30 • Commission on EURUSD & EURGBP, with the commission of $3.5 per side, on AUS200 with the commission of 25 basis points per lot per side on USOil & UKOil (both $3.5 per lot ). Gold & Silver $3.5 per lot per side.
Funding Methods
Deposit & withdrawal options
SkrillInstant
Bank Wire Transfer
CardPayInstant
Trading Platforms
Professional trading tools
MetaTrader 4
by MetaQuotes Software Corp. • 2005
Live Spreads & Trading Costs
Compare real-time spreads on major currency pairs
Spreads are the core trading cost with Price Markets: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.
- Live spread table for six major currency pairs, refreshed every few seconds
- Excellent / competitive / high ratings so you can benchmark Price Markets at a glance
- Bid, ask and pip-change data to estimate your real cost per trade
Spread data is indicative and for comparison purposes only
Social Presence
Digital community engagement
Comments
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