Rating Index

Pros

FairMarkets offers a low minimum deposit requirement of just $1, making it accessible for beginner traders.

The broker provides access to popular trading platforms, MetaTrader 4 and MetaTrader 5, which support automated trading and custom indicators.

FairMarkets is regulated by reputable authorities, including the Australian Securities and Investments Commission (ASIC) and the Mauritius Financial Services Commission (FSC), ensuring a level of safety for traders.

Cons

The lack of transparent withdrawal policies and unclear processing times can lead to dissatisfaction among traders regarding their ability to access funds.

Customer support options are limited, with no live chat available for Australian clients, which may hinder timely assistance.

Despite competitive spreads, the broker has faced regulatory scrutiny in the past, raising concerns about its reliability and operational practices.

FAIR MARKETS broker Accounts

Fair Markets Account Type

Fair Markets offers two primary account types designed to cater to the diverse needs of traders: Aussie Premium and Standard.

Aussie Premium Account:

Spreads starting from 0.0 pips.
Only $1 commission per side.
No commission on AUD crosses, energies, metals, and ASX 200 index.
No minimum deposit required.
Free market data, including stocks.
Algorithmic trading (EA) is welcomed.
Negative balance protection.

Standard Account:

Spreads starting from 0.6 pips.
No commission charged.
No minimum deposit required.
Free market data, including stocks.
Algorithmic trading (EA) is allowed.
Negative balance protection.

Both account types provide access to a broad range of trading instruments and are designed to enhance the trading experience with competitive pricing and fast execution.

For more details, visit: Fair Markets Account Types.

Fair Markets Broker Account Opening Process

Opening a trading account with Fair Markets is straightforward and entirely free. Follow these steps to get started:

Fill out the Registration Form: Begin by completing the quick registration form available on their website.
Finalize Your Application: Complete your application in your secure client area.
Select Account Type: Choose the trading conditions that best fit your needs by selecting an account type.
Verify Your Account: You can verify your account now or skip this step until you make a withdrawal.
Deposit Funds: Log in to your trading platform and make your deposit.
Start Trading: You are all set to start trading!

For detailed guidance, visit: How to Open an Account.