SEC Markets

SEC Markets Information

SEC Markets, founded in 2020, is the biggest broker with gold-backed stability offered by the SEC Bullion. It offers CFD trading across 5 products (Forex, Indices, Commodities, Stocks, and Cryptocurrencies) and provides 3 account types (bronze, silver, and gold account) with traders.

Pros and Cons

Is SEC Markets Legit?

SEC Markets is not regulated by any well-known regulatory authorities, which indicates high potential risks.

What Can I Trade on SEC Markets?

SEC Markets offers 66 currency pairs, 14 indices, 8 commodities, 27 stocks, and cryptocurrencies.

Account Types

SEC Markets provides a total of 3 different types of accounts to traders: Bronze (Standard) Account, Silver (Pro) Account, and Gold (VIP) Account. Each account has a detailed introduction to help traders identify which account is suitable for them. Its important to carefully evaluate whether the conditions align with your trading goals, experience level, and financial situation. Additionally, the company also provides a demo account (which expires after one month) and Islamic accounts for a short duration.

Opening a trading account is simple and quick. In just 4 steps, you can start trading: register, verify, fund, and trade.

VIP Account: To open a VIP Account, the trader needs to first fill out a VIP form to qualify for the VIP account.

Leverage

SEC Markets offers up to 1:500 leverage, which is considered high and suitable for experienced traders and requires careful risk management.

SEC Markets Fees

Trading Fees

At SEC Markets, trading account options include various spreads with no commission. Spreads range from 0.0 PIPS to 1.6 PIPS. Spreads, commissions, and margins vary by product. For more detailed information, please refer to the website.

Non-Trading Fees

SEC Markets's minimum deposit is $100 and does not charge any monthly fees for trading. However, there is no further information provided about withdrawal-related fees or inactivity fees.

Trading Platform

SEC Markets's trading platform is MT5, which supports traders on the web and mobile.