English
DB Markets Forex Broker keeps up-to-date with the latest trading account information, including Islamic Standard STP, Islamic RAW ECN, RAW ECN Account, Standard STP account maximum leverage of 500:1, trading varieties, and more
Rating Index
Pros
High leverage options available, up to 500:1, allowing for greater trading potential.
User-friendly trading platforms, including MetaTrader 5 and web-based options, suitable for various trader levels.
Diverse trading resources provided on the website, such as economic calendars and market analysis.
Cons
No valid regulatory oversight, posing significant risks to traders and their investments.
High potential risk due to the broker's offshore status in Saint Vincent and the Grenadines.
Limited transparency and customer support, raising concerns about the safety of funds and withdrawal processes.
DB Markets broker Accounts
Islamic Standard STP
Environment
--
Currency
--
Maximum Leverage
500:1
SupportedEA
Minimum Deposit
$200
Minimum Spread
from1.2 pips
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$0
Products
--
Islamic RAW ECN
Environment
--
Currency
--
Maximum Leverage
500:1
SupportedEA
Minimum Deposit
$200
Minimum Spread
from 0.0 pips
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$6
Products
--
RAW ECN Account
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$200
Minimum Spread
from0.0 pips
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01 lot
Commission
$2 (per round turn)
Products
--
Standard STP account
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$200
Minimum Spread
from1.2 pips
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01 lot
Commission
$0
Products
--
DB Markets Account Type
DB Markets offers multiple account types tailored to different trading needs. The primary options include:
- Standard STP Account:
- Minimum Deposit: $200.
- Spread: From 1.2 pips.
- Commission: $0.
- Base Currencies: USD, AUD, GBP, EUR, CAD.
- Platforms Available: MT4, MT5.
- Raw ECN Account:
- Minimum Deposit: $200.
- Spread: From 0.0 pips.
- Commission: $6 per lot.
- Base Currencies: USD, AUD, GBP, EUR, CAD.
- Platforms Available: MT4, MT5.
- Islamic Accounts:
- Available for both Standard STP and Raw ECN account types, adhering to Sharia law.
- Visit the Official Website: Go to DB Markets.
- Select Account Type: Choose the type of account you wish to open (Standard STP, Raw ECN, or Islamic).
- Fill Out Registration Form: Provide personal information such as your name, email, phone number, and country of residence.
- Verify Your Identity: Upload the necessary documents for identity verification, which may include a government-issued ID and proof of address.
- Fund Your Account: Choose from various funding methods (Visa, Mastercard, cryptocurrencies, etc.) to deposit the minimum required amount of $200.
- Download Trading Platform: After funding, download the MT4 or MT5 trading platform to start trading.
The minimum initial deposit required to open any account type is $200, which is higher than many licensed brokers that may allow deposits as low as $100.
DB Markets Broker Account Opening Process
To open an account with DB Markets, follow these steps:
By completing these steps, you can successfully open an account with DB Markets and begin your trading journey.
DB Markets Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
DB Markets accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $200 by (2+) --.