Funda Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-02 10:58

Abstract：Funda Markets was registered in 2022 in Saint Vincent and the Grenadines, which is a broker specializing in the indices, shares, metals, forex, energies, cryptocurrencies, and commodities markets. It offers several types of accounts, among which the minimum deposit is $100 and the maximum leverage is 1:500. However, this company is not regulated, and potential risks are rather high.

Funda Markets Review Summary
Founded	2022
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	No regulation
Market Instruments	Indices, shares, metals, forex, energies, cryptocurrencies, commodities
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1.6 pips
Trading Platform	cTrader
Min Deposit	$100
Customer Support	Contact form
	Email: support@fundamarkets.com
	Address: Suite 305 , Griffith Corporate Centre Kingstown, St Vincent and The Grenadines

　　Funda Markets was registered in 2022 in Saint Vincent and the Grenadines, which is a broker specializing in the indices, shares, metals, forex, energies, cryptocurrencies, and commodities markets. It offers several types of accounts, among which the minimum deposit is $100 and the maximum leverage is 1:500. However, this company is not regulated, and potential risks are rather high.

Pros and Cons

Pros	Cons
Diverse tradable assets	Lack of regulation
Demo accounts and Islamic accounts	Wide spreads
Multiple account types	No MT4 or MT5
cTrader platform	No popular payment options
	Deposit/withdrawal fee charged

Is Funda Markets Legit?

　　No, it is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site. Moreover, its domain status shows that client transferring is prohibited. Please note the potential risks.

What Can I Trade on Funda Markets?

　　Funda Markets provides a variety of products, including indices, shares, metals, forex, energies, cryptocurrencies, and commodities.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Metals	✔
Energies	✔
Indices	✔
Shares	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type/Leverage/Fees

　　Funda Markets provides 6 types of accounts, including Standard, Premium, Platinum, Diamond, Platinum Islamic, and Standard Islamic. Besides, demo accounts are also available.

Account Type	Min Deposit	Max Leverage	Spread	Swap Charges
Standard	$100	1:500	2.0 pips	✔
Premium	$500		1.8 pips	✔
Platinum	$2,000		2.0 pips	✔
Diamond	$5,000		1.6 pips	✔
Platinum Islamic	$2,000		2.0 pips	❌
Standard Islamic	$100		2.2 pips	❌

Trading Platform

　　Funda Markets uses cTrader as its trading paltform, and it does not support MT4 or MT5.

Trading Platform	Supported	Available Devices	Suitable for
cTrader	✔	PC, web, mobile	Experienced traders
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　Funda Markets supports several types of payment options, and certain amounts of fees are charged depending on the types of payment options.

Payment Options	Currencies	Min Deposit	Min Withdrawal	Deposit Fees	Withdrawal Fees	Processing Time
Tether	USDT	/	/	/	/	/
5Pay	MYR, THB	MYR500	MRY 100	1.5% or MYR 1	0.5% or MYR 2	Instantly
9Pay	/	/	/	/	/	/
Cashola	IDR, MYR	IDR 100,000	IDR 100,000,000	1.5% or IDR 2,500	1% or IDR 6,500	Instantly
FPX	MYR, THB	MYR 500	MYR 100	1.5%	1.5%
StarsPay	USD	$100	$10	$1	1%
Boost	MYR	MYR 100	MYR 100	1.5% or MYR 1	1% or MYR 2
GrabPay
ShopeePay
Touch
DirectPayLD	/	/	/	/	/