DMX Markets is an online financial trading broker that is based in Saint Vincent and the Grenadines. They provide traders with the Sirix Trader and MT4 trading platforms for trading several financial instruments, such as shares, forex, commodities, and indices. The broker gives traders access to some useful trading and learning tools and also provides a client support team to assist them. Clients benefit from several favourable trading conditions, such as multiple account options, negative balance protection, and leverage of up to 1:200. The least deposit required to operate an account is $250.
DMX Markets Review Introduction
In this DMX Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including DMX Markets.
DMX Markets Platforms & Tools
Clients can trade the available financial assets using the MetaTrader 4 trading platform and the Sirix Trader. MT4 is an advanced trading platform that is widely used by the majority of forex and CFD traders. The platform features a selection of built-in tools and complex trading capabilities, such as charts, expert advisors, one-click trading, and more. It is available as a desktop application for Windows and Mac computers, a WebTrader that runs directly modern web browsers, and a mobile app that’s is compatible with Android and iOS devices.
The Sirix Trader, on the other hand, is a web-based trading platform that is fully customizable and allows traders to quickly open, close, and edit individual and aggregate positions. The platform is built with multiple trading tools, such as charts, indicators, and copy trading features.
DMX Markets provides clients with some standalone trading tools to enhance their trading experience. Some of those tools include Economic Calendar, Technical Analysis, and more.
DMX Markets Research & Education
Traders get access to various educational materials that are in place to improve their trading skills and knowledge. They include the news section, an FAQ section, and a knowledge centre that contains a good selection of educational articles and guides.
DMX Markets Trading Accounts
Traders can choose the account type that best suits their trading objectives and capital from a selection of different trading account types. The accounts come with different minimum deposit requirements as follows: Green (5000 EUR), Premium (10,000 EUR), Platinum (50,000 EUR), Executive (100,000 EUR), and Presidential (250,000 EUR) accounts. Swap-free Islamic accounts are available upon request, while demo accounts are provided for practice purposes.
DMX Markets Account Funding
DMX Markets clients can deposit and withdraw funds to and from their trading accounts using any of these payment methods: Credit/Debit cards (Visa, MasterCard, Maestro); and bank wire transfer.
DMX Markets Customer Service
The broker’s client support team is available via email to respond to traders’ general, technical or account-based inquiries.
DMX Markets Regulation
There is no regulatory information on the broker’s website at the moment. Lack of regulation is mostly seen as a red flag by some potential traders and investors.
DMX Markets Review Summary
Founded in 2019, DMX Markets is a retail trading broker that provides clients with two sophisticated trading platforms for trading multiple financial markets. The broker provides several educational resources and trading tools, and there is also a client support team on hand to assist traders. They also offer multiple account options to clients. However, the broker is not regulated by any known financial authority presently.
It is worth mentioning that some of the trading products and services in this DMX Markets review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the DMX Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.