DuraMarkets Review

WikiFX | 2025-05-28 10:50

Abstract：　　DuraMarkets is an unregulated broker registered in Comoros, offering trading on the MetaTrader 4 platform with leverage up to 1:1000. It provides access to forex, crypto, commodities, and indices, and supports demo and swap-free accounts.

DuraMarkets Review Summary
Founded	2022
Registered Country/Region	Comoros
Regulation	No regulation
Market Instruments	Forex pairs, commodities, cryptocurrencies, indices
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 0.0 pips
Trading Platform	MetaTrader 4 (MT4)
Minimum Deposit	$10
Customer Support	Tel: +1 971 434 5122
Customer Support	Email: compliance@duramarkets.com

DuraMarkets Information

DuraMarkets is an unregulated broker registered in Comoros, offering trading on the MetaTrader 4 platform with leverage up to 1:1000. It provides access to forex, crypto, commodities, and indices, and supports demo and swap-free accounts.

Pros and Cons

Pros	Cons
MT4 available	No regulation
Offers demo and swap-free accounts	No info on withdrawal minimums or inactivity fees
Low minimum deposit ($10)

Is DuraMarkets Legit?

DuraMarkets is not a legitimate broker. It is registered in Comoros but has no valid regulatory license from the local authority or any recognized financial regulatory body. Major global regulators such as the FCA (UK), ASIC (Australia), and NFA (USA) also do not license or oversee this broker.

The domain duramarkets.com was registered on June 29, 2022, and is set to expire on June 29, 2027. Its current status is “client transfer prohibited,” meaning the domain cannot be transferred to another registrar without unlocking it first. The domain was last updated on May 4, 2025.

What Can I Trade on DuraMarkets?

DuraMarkets offers a limited selection of trading instruments, including forex pairs, commodities, cryptocurrencies, and global indices.

Tradable Instruments	Supported
Forex pairs	✔
Commodities	✔
Cryptos	✔
Indices	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

DuraMarkets offers a total of four live trading account types: Standard, Zero, VIP, and Swap-Free. In addition to these, the broker also provides a demo account for practice trading.

Account Type	Minimum Deposit	Spread from	Commission	Suitable for
Standard	$10	0.0 pips	$5 per 100k round turn	General traders
Zero	$10	0.4 pips	❌	Traders avoiding commissions
VIP	$500	0.0 pips	$2 per 100k round turn	High-volume/professional traders
Swap-Free	$100	0.6 pips	$2 per 100k round turn	Traders needing Islamic account
Demo	-	-	-	Great for practice and familiarization

Leverage

DuraMarkets offers leverage up to 1000x, which is significantly higher than most regulated brokers. Note that high leverage can amplify not only profits but also losses.

DuraMarkets Fees

Spreads & Commissions

DuraMarkets trading fees are slightly below industry average, especially for traders using the Zero and VIP accounts. Spreads start as low as 0.0 pips, and commission rates vary by account type.

Account Type	Spread from	Commission
Standard	0.0 pips	$5 per 100k round turn
Zero	0.4 pips	❌
VIP	0.0 pips	$2 per 100k round turn
Swap-Free	0.6 pips	$2 per 100k round turn

Swap Rates

Swap rates are overnight interest charges applied when a trading position is held open past the markets daily closing time. At DuraMarkets, standard accounts are subject to these swap fees, while traders who wish to avoid them can opt for the “Swap-Free Account”, which is specifically designed to eliminate overnight charges in compliance with specific financial or religious principles.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 4 (MT4)	✔	Web, Desktop (Windows), Mobile (iOS & Android)	Beginners
MetaTrader 5 (MT5)	❌	–	Experienced traders

Deposit and Withdrawal

DuraMarkets does not charge any deposit or withdrawal fees. The minimum deposit requirement is $10, depending on the account type. All transactions are processed via cryptocurrency, and withdrawals are claimed to be processed instantly within a few minutes.