Price Markets is a UK-based online trading broker with a diverse range of trading services to cater to both retail and institutional traders’ needs. The broker offers a flexible choice of trading solutions, including the MetaTrader 4 platform, FIX API connectivity, and PAMM accounts for money managers and investors.
Launched in 2013, Price Markets operate the ECN brokerage model, offering tight spreads that start from 0 pips, good execution speeds, and flexible leverage of up to 1:100. Clients can trade a range of instruments across different markets, including forex, indices, metals, and energies.
Price Markets Review Introduction
In this Price 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 Price Markets.
Price Markets Platforms & Tools
Price Markets provides clients with a good choice of trading platforms and solutions to suit different trading styles and traders’ requirements. There is the MetaTrader 4 (MT4) platform, which is widely used among forex and CFD traders. The platform is known for its intuitive interface and quick learning curve. It is available as a WebTrader that runs directly on Chrome and other modern web browsers, desktop applications for Windows and Mac computers, and mobile trading apps that are compatible with Android and iOS devices for those wish to trade on the go.
The broker also provides the FIX API solution for professional traders who desire to have direct access to the liquidity providers to ensure faster trade executions and strategy implementation. Apart from the tools in the MT4 platform, the broker does not offer extra tools.
Price Markets Research & Education
The broker’s website has a range of educational resources that cover different trading topics, especially on how to use the trading platforms provided. These resources are in the form of guides, video tutorials, and instructional manuals.
Price Markets Trading Accounts
Price Markets offer different account types, with the two main ones being the Trading Account and the Prime/API Account. The minimum deposit on the Trading Account is $500, while that of the Prime account is $50,000. There is leverage of up to 1:100 (1:30 for non-professional EU clients). Transaction cost on any trade may include commission, spread, swap charge or credit on each rollover based on the LIBOR/LIBID interest rates of the currency pair with a mark-up/mark-down from 1.5%.
There are demo accounts for those who want to practice in a risk-free environment before opening a real account.
Price Markets Account Funding
Price Markets accepts a few payment methods for account funding and withdrawals. They include bank wire, card payments (VISA, MasterCard, JCB, and UnionPay), and Skrill. The transaction processing time varies with the method used.
Price Markets Customer Service
The broker offers 24/5 customer support service, and you can reach the support team via online chat, telephone, email, or the contact form on the website. You can also reach them on Google+, Facebook, Twitter, and LinkedIn.
Price Markets Regulation
Price Markets is based in London, the UK, so they fall under the jurisdiction of and are fully regulated by the Financial Conduct Authority (FCA) — one of the most respected financial regulators in the industry.
Price Markets Review Summary
Price Markets is a regulated brokerage firm that offers basic and advanced trading services with innovative technology. They provide the popular MT4 platform and support FIX API connectivity.
It is worth mentioning that some of the trading products and services in this Price 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 Price 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.