DuxMarket Forex Broker

Note: DuxMarket's official site - http://www.duxmarket.com/en is currently not functional.DuxMarketReview SummaryFounded2019Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsForex, Precious metals, Crude oil, IndicesDemo Account✅LeverageUp to 1:400Spread1.6 pipsTrading PlatformMT4Min Deposit$500Customer SupportPhone: (784) 456-2577Email: service@duxmarkets.com DuxMarket is headquartered in London. Their products cover the entire financial investment field and provide online trading of diversified global financial products such as forex, precious metals, crude oil, and indices through the leading MT4 platform.Pros & ConsProsConsVariety of financial instrumentsUnregulatedDemo accounts availableUnavailable websiteLack of transparencyReports of withdrawal issuesLimited account optionsIs DuxMarket Legit? DuxMarket operates without regulatory oversight. Therefore, traders should exercise caution and consider alternative regulated brokers that provide a more secure trading environment.What Can I Trade on DuxMarket?Trading AssetAvailableforex✔metals✔commodities❌indices✔crude oil✔stocks❌cryptocurrencies❌options❌funds❌ETFs❌Account Type Apart from demo accounts, DuxMarket only offers a single account type known as the Ordinary account. This account type requires a minimum deposit of $500 to get started.Leverage DuxMarket provides its clients with leverage of up to 1:400, which allows traders to control a larger position in the market with a smaller amount of capital.Spreads & Commissions DuxMarket offers spreads starting from 1.6 pips and information about commissions is not specifed.Trading PlatformsTrading PlatformSupported Available Devices Suitable for MT5❌Desktop, Mobile, WebExperienced tradersMT4✔Desktop, Mobile, WebBeginnersTrading View❌Desktop, Mobile, Tablets, WebBeginnersDeposits & Withdrawals DuxMarket accepts deposits and withdrawals via some popular methods, including Visa, MasterCard, Skrill, and NETELLER.