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DowMarkets-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2025-01-03 18:05

Abstract：Founded in 2018, DowMarkets is an unregulated broker registered in Marshall Islands, offering trading on forex, commodities, stocks, indices, metals and crypto coins with leverage up to 1:200 and spread fixed at 2 pips via its proprietary trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $250.

DowMarkets Review Summary
Founded	2018
Registered Country/Region	Marshall Islands
Regulation	No regulation
Market Instruments	Forex, commodities, stocks, indices, metals, crypto coins
Demo Account	✅
Leverage	Up to 1:200
Spread	Fixed at 2 pips
Trading Platform	Proprietary platform
Min Deposit	$250
Customer Support	Live chat
	Tel: +692 +43720022601
	+44 7418350408
	Email: support-en@dowmarkets.com
	support.de@dowmarkets.com
	support.ru@dowmarkets.com
	support.en@dowmarkets.com
	Address: Prometheus LTD Ajeltake Road, Ajeltake Island, Majuro, Marshall Island MH96960

DowMarkets Information

Founded in 2018, DowMarkets is an unregulated broker registered in Marshall Islands, offering trading on forex, commodities, stocks, indices, metals and crypto coins with leverage up to 1:200 and spread fixed at 2 pips via its proprietary trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $250.

Pros and Cons

Pros	Cons
Various trading products	Inaccessible website
Demo accounts	No regulation
Multiple account types	Wide spreads
Popular payment options	Dormant account fee charged
Live chat support	No MT4/5
	High minimum deposit requirement
	Withdrawal fee charged

Is DowMarkets Legit?

No. DowMarkets currently has no valid regulations. Please be aware of the risk!

What Can I Trade on DowMarkets?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Metals	✔
Crypto coins	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	Min Deposit
Start	$250
Silver	$3,000
Gold	$10,000
Platinum	$50,000
VIP	$100,000

Leverage

The broker offers maximum leverage of 1:200. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

DowMarkets Fees

Trading Fees

The spread for the Start Account is fixed at 2 pips.

Non-Trading Fees

The dormant account fee of 5%, no less than 25$, will be deducted each month after 90 days of inactivity.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Proprietary platform	✔	Web, Desktop, Mobile	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

The broker accepts payments via Visa, MasterCard, Zotapay, a range of crypto wallets, Cardpay, e-Payouts, and CEX.IO.

The minimum withdrawal amount is $50. If less than 5 trades are made prior to the withdrawal, an additional 5% charge shall be levied from an account.

Leverage Broker Dealer

Related broker

No Regulation

Dowmarkets

Company name：Update Ltd

Score

1.56

Website：https://dowmarkets.com

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.56

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