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WM Markets Forex Broker keeps up-to-date with the latest trading account information, including PRIME, ZIERO maximum leverage of 1:1000, trading varieties, and more
Rating Index
Pros
Competitive leverage options, with maximum leverage up to 1:1000 available for traders.
Low minimum deposit requirement of $50 for the prime trading account, making it accessible for new traders.
Offers a variety of trading instruments, including forex, stocks, commodities, and indices, providing diverse trading opportunities.
Cons
Poor overall rating and reputation, with a low score of 1.4 out of 5, indicating significant user dissatisfaction.
Reports of difficulties in withdrawing funds and unresponsive customer service, raising concerns about reliability.
Regulated under offshore authorities, which may not provide the same level of protection as more established regulatory bodies.
WM Markets broker Accounts
PRIME
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$50
Minimum Spread
from 1.0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$0 commission on Forex CFDs $8 Commission on Crypto CFDs/Round Lot $0 commission on all other CFDs
Products
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ZIERO
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$1000
Minimum Spread
from 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$8 Commission on Forex & Metals CFDs/Round Lot $8 Commission on Crypto CFDs/Round Lot $0 commission on all other CFDs
Products
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WM Markets Account Type
WM Markets offers two types of trading accounts:
- Zero Trading Account:
- Minimum Deposit: $1,000
- Spreads: From 0 pips on major symbols
- Maximum Leverage: 1:1000
- Commission: $8 on forex and metals CFDs for one lot per round trade; $8 on cryptocurrency CFDs for one lot per round trade; $0 on other CFDs
- Minimum Trade Volume: 0.01 lots
- Trade Limit: 50 lots per order (forex)
- Hedging Capability: Yes
- Islamic Account: Not available
- Protection Against Negative Balance: Yes
- Personal Account Manager: Yes
- Stop Out Level: 20%
- Margin Call Level: 100%
- Prime Trading Account:
- Minimum Deposit: $50
- Spreads: From 1.0 pips on major symbols
- Maximum Leverage: 1:1000
- Commission: $0 on forex CFDs; $8 on cryptocurrency CFDs for one lot per round trade; $0 on other CFDs
- Minimum Trade Volume: 0.01 lots
- Trade Limit: 50 lots per order (forex)
- Hedging Capability: Yes
- Islamic Account: Available
- Protection Against Negative Balance: Yes
- Personal Account Manager: Yes
- Stop Out Level: 20%
- Margin Call Level: 100%
- Visit the WM Markets website and click on the "Open New Trading Account" button.
- Fill out the registration form with your personal information, including your name, email address, and phone number.
- Select the type of account you wish to open (Zero or Prime account).
- Provide necessary documentation for identity verification, such as a government-issued ID.
- Make your initial deposit using one of the accepted payment methods.
- Submit your application and wait for confirmation from WM Markets.
WM Markets Broker Account Opening Process
To open an account with WM Markets, follow these steps:
Once your application is approved, you will receive further instructions on how to access your trading account and start trading.
For more detailed information, you can visit the following sources:
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