Heard of Fair.markets trading platform? Really want to find more details before choosing the broker? You can carefully read the FairMarkets reviews to know about this forex broker whether to use or not.
This post promises to share helpful review to support clients/traders in making the right decision. Kindly read to the end and make your verdict.
Table of Contents
FairMarkets otherwise known as Fair.markets is an offshore brokerage with a lot of promises for forex traders. The forex company claims to offer crypto investment services to their clients.
Furthermore, the brokerage promises different instruments like forex, stocks, commodities, crypto, bonds and indices.
Is FairMarkets a Scam Forex Broker?
First of, FairMarkets claims to be licensed in two jurisdictions – Mauritius and Australia. In order to clear the suspicion, we checked the database of the financial regulator in Mauritius and it turned out that the broker is licensed there.
License brokers provide some guarantees for clients, regulatory requirements and controls. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.
Does FairMarkets Have Account Types?
FairMarkets offers trading account like Aussie Premium, Standard and PRO account. According to the website description, the broker provides a leverage capped 1:400 and a spread of 1.8 pips.
FairMarkets minimum deposit is specified to be $1. That is an attractive and affordable start. For such amount some licensed FX brokers can offer clients trading rate as low as $50 with the assurance of their trading funds.
This broker allows payment deposit by bank transfer.
Just so you know, offshore brokers are commonly known for accepting crypto currencies. For this purpose, payments made through this method are anonymous and can only be traced to a wallet address and not to a specific person. So beware!
FairMarkets Trading Software
Fairmarkets offers the industry standard Metatrader 4/5, with all distributions available – Mobile, Desktop, and Web.
Why use forex brokers with advanced trader like MT4/MT5? You are certain to have the best features of real-time quotes, financial news and various FX and stock charts, as well as algorithmic trading sessions with the help of specially designed trading bots, called Expert Advisors.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
Fairmarkets does not charge fees or commissions for withdrawals, but banks or payment service providers do. To this end, we urge our readers to rely on regulated brokers like this or any licensed entity.
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