SYNER MARKETS

Introduction

Synergy Markets is a trading platform licensed through ASIC and operates using a pure ECN model, allowing clients to trade directly on their preferred market with very low spreads and instant order execution. Due to Synergy Markets' excellent structure and pricing, Synergy Markets is a great option for institutional traders and traders that trade large amounts of currency.

Background

Synergy Markets provides deep liquidity and transparent pricing through its use of ECN technology. However, the company has not provided any details on its establishment date or how it is run. Regardless, Synergy Markets has gained an excellent reputation with clients for providing great execution quality, technological capability, and quality forex prices.

Important facts about the trading platform

Trading Platform

Synergy Markets has two trading platforms available, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are fully compatible with Expert Advisers (EAs), and offer access to a wide variety of high-quality trading tools. In addition, Synergy Markets' servers are hosted on Equinix data centres, which are strategically located in New York, London, and Hong Kong. As a result, the latency on their execution is extremely low.

Liquidity and Execution

Synergy Markets offers variable spreads starting at 0 pips, and has very fast execution times, as they are located very close to their liquidity providers' pricing engines.

Additional Trading Tools

Synergy Signals - Unregulated trade signals developed using Harmonic Theory and Cycle Analysis

Synergy V4 - An automated breakout/fallout and reversal trading system that has been designed with smart risk management features.

Regulation

Regulator License Number Status

Australian Securities and Investments Commission Not provided Active

Trading Conditions

Feature Details

Spreads 0 pips

Commission AUD $7 per round trip

Leverage Up to 500:1

Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5)

Servers Equinix NY4, London, Hong Kong and other data centres

Fees

Fee Type Details

Commission AUD $7 per full-lot round trip (discounts available)

Vulnerability fees Not provided

Withdrawal fees Not provided

Inactivity fees Not provided

Reputation and experience of users

Synergy Markets has built a good deal of respect from its clients and prospects. The platform provides a very stable and fast execution for clients and is well suited for trading with EAs. Additionally, the platform is regulated by ASIC and has been in operation for a long time, adding to its credibility. Although there are few customer reviews available for Synergy Markets, there are many positive customer testimonials.

Current Developments

Synergy Markets continually enhances its infrastructure and trading systems, enabling them to remain competitive in the rapidly changing world of technology-based forex services.

Conclusion

If a professional trader's needs include:

ECN Pricing

Speed and Transparency

High Leverage- up to 500:1

A regulated trading environment

Traders should reach out directly to Synergy Markets for all current account requirements and transfer fees.