Rating Index

Pros

Global presence, allowing access to diverse markets and investment opportunities.

Over 30 years of industry experience, providing expertise in trading and risk management.

Offers a wide range of products, including equities, commodities, and cryptocurrencies, enabling portfolio diversification.

Cons

Operates without valid regulation, raising concerns about transparency and investor protection.

Reports of withdrawal issues from customers, indicating potential difficulties in accessing funds.

Unclear trading conditions, including account types and funding methods, which may complicate the decision-making process for potential clients.

DRW broker Accounts

DuraMarkets Account Type

DuraMarkets offers several types of trading accounts to cater to different trading needs, including:

Standard Account

Minimum Deposit: $10
Spread: Starts at 0.0 pips
Commission: $5 round turn

Zero Account

Minimum Deposit: $10
Spread: Starts at 0.4 pips
Commission: $0

VIP Account

Minimum Deposit: $500
Spread: Starts at 0.0 pips
Commission: $2 round turn

Swap-Free Account

Minimum Deposit: $100
Spread: Starts at 0.6 pips
Commission: $2 round turn

Each account type is designed to provide traders with varying levels of service and cost structures, allowing them to choose based on their trading style and experience.

DuraMarkets Broker Account Opening Process

To open a trading account with DuraMarkets, follow these steps:

Registration:

Visit the DuraMarkets website and fill out the online registration form with your personal information.

Account Verification:

Submit identity verification documents, such as a government-issued ID and proof of address (e.g., a utility bill).

Choose Account Type:

Select the type of account you wish to open (Standard, Zero, VIP, or Swap-Free).

Fund Your Account:

Deposit the minimum required amount using one of the available payment methods (bank transfer, credit/debit card, etc.).

Start Trading:

Once your account is funded, you can start trading using the DuraMarkets trading platform.

DuraMarkets aims to provide a seamless account opening experience for all traders, ensuring that necessary compliance and verification steps are taken to protect users' investments.