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Revolve Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-19 12:08

Abstract:Based on the United Kingdom, Revolve Markets is a forex broker who offers four accounts with different minimum deposit threshold and flexible leverage. However, there are serious risks due to unlicensed status and unavailable websites.

  Note: Revolve Markets' official website: https://revolvemarkets.com/ is currently inaccessible normally.

  Based on the United Kingdom, Revolve Markets is a forex broker who offers four accounts with different minimum deposit threshold and flexible leverage. However, there are serious risks due to unlicensed status and unavailable websites.

Revolve Markets

Pros and Cons

ProsCons
Social media presenceUnregulated
Flexible leverageUnavailable website
Commissions charged
High minimum deposit

Is Revolve Markets Legit?

  Revolve Markets is unlicensed. Besides, as of now, its official website is not accessible. These factors shows the risks to trade with Revolve Markets.

Account Type

  Revolve Markets offers Lite, Plus, Elite and Prime accounts with the minimum deposits of € 250, € 1,0000, €5,000 , and €2,000 respectively. Besides, these accounts also offers various leverage including up to 100x for Lite account, up to 300x for Elite account and up to 200x for Plus and Prime accounts.

Account TypeMinimum DepositMaximum LeverageMinimum Position
Lite€250100x0.01
Plus€1,000200x
Elite€5,000300x
Prime€2,000200x

Revolve Markets Fees

  Revolve Markets charges commissions for each account type: €12 for the Lite account, €10 for the Plus account, €8 for the Elite account, and €14 for the Prime account.

Deposit and Withdrawal

  Revolve Markets offers wire transfer, credit/ debit cards and cryptos to deposit and withdraw money. Besides, the minimum withdrawal amount to be $100 and 5 days, fees in T/Cs.

Customer Service

  Revolve Markets offers phone, email and social media including Twitter, Facebook and Linkedin to contact.

Contact OptionsDetails
Phone+44 2031501024
EmailSupport@revolvemarkets.com
Support Ticket System❌
Online Chat❌
Social MediaTwitter, Facebook, and Linkedin
Supported LanguageEnglish
Website Language❌
Physical Address❌

The Bottom Line

  In conclusion, Revolve Markets is not a safe or recommended broker for trading. Although it offers advantages such as flexible leverage and social media engagement, it lacks regulation and its website is currently inaccessible.

FAQs

  Is Revolve Markets safe?

  No. It might be a scam.

  Is Revolve Markets a good for beginners?

  No. Beginners should choose regulated brokers.

  Is Revolve Markets good for day trading?

  No.

Related broker

No Regulation
Revolve Markets
Company name:Revolve Markets
Score
1.46
Website:https://revolvemarkets.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.46

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