Sync Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-06 18:22

Abstract：Sync Markets is a broker. The tradable instruments with a maximum leverage of 1:500 include forex, commodities, stocks, cryptos, and indices. The broker also provides standard, premium, and pro accounts. The minimum spread is from 0.1 pips. Although Sync Markets LTD. is regulated under ASIC, investment risks are inevitable.

Sync MarketsReview Summary
Founded	2024-04-01
Registered Country/Region	Australia
Regulation	Regulated
Market Instruments	Forex/Commodities/Stocks/Cryptos/Indices
Demo Account	❌
Leverage	Up to 1:500
Spread	From 0.1 pips
Trading Platform	MT5 (Web/Desktop/Mobile (iOS/Android))
Min Deposit	/
Customer Support	Email: support@sync-fx.com
	Phone: +442080404105
	Phone: +41(0)77 203 26 49

Sync Markets Information

　　Sync Markets is a broker. The tradable instruments with a maximum leverage of 1:500 include forex, commodities, stocks, cryptos, and indices. The broker also provides standard, premium, and pro accounts. The minimum spread is from 0.1 pips. Although Sync Markets LTD. is regulated under ASIC, investment risks are inevitable.

Pros and Cons

Pros	Cons
Regulated	Demo account unavailable
Various tradeable instruments	No 24/7 customer support
Commission free
Spread as low as 0.1 pips
Leverage up to 1:500
MT5 available
24/5 customer support

Is Sync Markets Legit?

　　Sync Markets LTD. is regulated under ASIC, making it safer than unregulated brokers. The license type is AR and the license number is 001310454. The broker claims it is registered under the Australian Financial Services (AFS).

What Can I Trade on Sync Markets?

　　Traders can choose different investment directions because the broker provides forex, commodities, stocks, cryptos, and indices. Among them, commodities include gold, silver, coffee and cotton.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptos	✔
Indices	✔

Account Type

　　Sync Markets has three account types: standard, premium, and pro. Traders who want low spreads can choose a pro account.

Account Type	Standard	Premium	Pro
Spread	From 0.5 pips	From 0.3 pips	From 0.1 pips
Max Leverage	1:500	1:500	1:500
Fees	No	No	No

Sync Markets Fees

　　The spread is from 0.1 pips, the commission is 0. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

　　Sync Markets cooperates with the authoritative MT5 trading platform available in desktop, web, and mobile(iOS/Android) versions. Traders with rich experience are more suitable for using MT5.