DuraMarkets Forex Broker

DuraMarkets Review SummaryFounded2022Registered Country/RegionComorosRegulationNo regulationMarket InstrumentsForex pairs, commodities, cryptocurrencies, indicesDemo Account✅LeverageUp to 1:1000SpreadFrom 0.0 pipsTrading PlatformMetaTrader 4 (MT4)Minimum Deposit$10Customer SupportTel: +1 971 434 5122Email: compliance@duramarkets.comDuraMarkets 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 ConsPros Cons MT4 availableNo regulationOffers demo and swap-free accountsNo info on withdrawal minimums or inactivity feesLow 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 TypeMinimum DepositSpread fromCommission Suitable forStandard$100.0 pips$5 per 100k round turnGeneral tradersZero$100.4 pips❌Traders avoiding commissionsVIP$5000.0 pips$2 per 100k round turnHigh-volume/professional tradersSwap-Free$1000.6 pipsTraders needing Islamic accountDemo ---Great for practice and familiarizationLeverage 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 TypeSpread fromCommission Standard0.0 pips$5 per 100k round turnZero0.4 pips❌VIP0.0 pips$2 per 100k round turnSwap-Free0.6 pips 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 PlatformTrading PlatformSupported Available Devices Suitable for MetaTrader 4 (MT4)✔Web, Desktop (Windows), Mobile (iOS & Android)BeginnersMetaTrader 5 (MT5)❌–Experienced tradersDeposit 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.Payment MethodMinimum DepositDeposit/Withdrawal FeesDeposit TimeWithdrawal TimeCryptocurrency$10$0/Within a few minutes