Duttfx Markets
Abstract：Duttfx Markets, a brokerage incorporated on Comoros in 2020. It offers products including forex, commodities, cryptocurrencies and stocks. There are also 3 types of accounts that can be traded through MT5. Currently, the broker is not regulated.
| Duttfx MarketsReview Summary | |
| Founded | 2020 |
| Registered Country/Region | Comoros |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Cryptocurrencies, Stocks |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 1.4 (STANDARD ACCOUNT) |
| Trading Platform | MT5 |
| Min Deposit | $1000 |
| Customer Support | Email: support@duttfxmarkets.net |
| Social Media: Facebook, Instagram, Linkedin | |
| Physical Address: Bonovo Road - Fomboni, Island of Moheli, Comoros Union. | |
Duttfx Markets Information
Duttfx Markets, a brokerage incorporated on Comoros in 2020. It offers products including forex, commodities, cryptocurrencies and stocks. There are also 3 types of accounts that can be traded through MT5. Currently, the broker is not regulated.
Pros and Cons
| Pros | Cons |
| The number of tradable instruments is large | No regulation |
| MT5 is available | Minimum deposit is as high as $1000 |
| Support commission-free trading | Demo accounts are not available |
Is Duttfx Markets Legit?
Duttfx Markets registered its official website in 2020. It is currently unregulated.
What Can I Trade on Duttfx Markets?
With Duttfx Markets, you can trade 4 asset classes in major markets: 200 currency pairs, including large, small and cross currencies. 25 cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dash and Ripple.
There are also UK, US and European markets that hold more than 65 popular stocks, including Amazon and Boeing. The 20 commodities include metals (gold, silver, copper) and energy (crude oil, natural gas).
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| Indices | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
Duttfx Markets has 3 types of accounts: STANDARD ACCOUNT, ELITE ACCOUNT and PRO PLAN.
Among them, the minimum deposit requirement is $1000, and the maximum leverage is 1:500.
| Account Types | STANDARD ACCOUNT | ELITE ACCOUNT | PRO PLAN |
| Min Deposit | 1000$ | 15000$ | 50000$ |
| Spread | From 1.4 | From 0.9 | From ALS 0.2 |
| Commission | No | No | USD 60 per 1 Mill USD |
| Leverage | 1:500 | 1:500 | 1:100 |
| Swap Free Charges | No | No | No |
| Trading Instruments | 128 Instruments | 128 Instruments | 128 Instruments |
| Trading Account Currency | USD | USD | USD |
| Minimum Trade Size | 0.01 for Forex & Metals | 0.01 for Forex & Metals | 0.01 for Forex & Metals |
| Trading Platform | Meta Trader 5 | Meta Trader 5 | Meta Trader 5 |
Duttfx Markets Fees
The spread of 3 types of accounts started at 1.4,0.9, and 0.2, respectively. Only PRO PLAN charges commission USD 60 per 1 Mill USD, the remaining 2 types of accounts do not charge commission. In addition, none of the three accounts are exempt from swaps.
Trading Platform
The trading platform offered by Duttfx Markets is MT5, which is available on desktop as well as mobile.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile | Skilled traders |
| MT4 | ❌ |
Deposit and Withdrawal
The main payment methods supported are: Fastpay, Mastercard, NETRLLER, PalPal, Skrill, BANK TRANSFER.
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