FAIR MARKETS Forex Broker

Fair Markets Forex Broker - Complete Information Guide

1. Broker Overview

　　Fair Markets, officially known as Fair Markets International Ltd, was established in 2020. The broker is headquartered in Ebene, Mauritius, with additional regulatory oversight from Australia. It operates as a private entity and primarily serves retail traders interested in forex and contract for difference (CFD) trading.

　　Since its inception, Fair Markets has aimed to provide a transparent trading environment. The company has made significant strides in establishing itself in the forex trading industry by offering various account types and trading instruments. Notable milestones include obtaining licenses from regulatory bodies such as the Mauritius Financial Services Commission (FSC) and the Australian Securities and Investments Commission (ASIC).

　　Fair Markets operates under the umbrella of its parent company, Trive Investment B.V., which further enhances its credibility within the financial markets. The broker's business model focuses on retail forex trading and CFD services, catering to a diverse clientele seeking competitive trading conditions.

2. Regulation and Compliance Information

　　Fair Markets is regulated by two primary authorities: the ASIC in Australia and the FSC in Mauritius. The ASIC license number is 424122, while the FSC license number is GB 21026295. These licenses ensure that Fair Markets adheres to strict regulatory standards, providing a layer of protection for its clients.

　　The regulatory licenses are effective and cover various aspects of trading operations, ensuring compliance with local laws. Fair Markets maintains separate accounts for client funds, safeguarding them against operational risks. This practice is crucial for maintaining client trust and ensuring financial security.

　　Additionally, Fair Markets participates in an investor compensation scheme, which provides further protection for clients in case of broker insolvency. The broker follows KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to prevent fraud and ensure the integrity of its operations.

3. Trading Products and Services

　　Fair Markets offers a diverse range of trading products, including over 47 currency pairs and a variety of CFDs on assets such as stocks, indices, commodities, and cryptocurrencies. The broker's CFD offerings include popular commodities like gold and silver, as well as major global stock indices.

　　The broker regularly updates its product offerings to meet the evolving needs of traders. For retail clients, Fair Markets provides a comprehensive trading service, while institutional clients can also access tailored solutions.

　　The broker does not currently offer white-label solutions or asset management services, focusing instead on providing a straightforward trading experience for individual traders.

4. Trading Platforms and Technology

　　Fair Markets supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely recognized for their advanced trading capabilities. These platforms are available in desktop, mobile, and web versions, ensuring traders can access their accounts from various devices.

　　The broker does not offer a proprietary trading platform, but the MT4 and MT5 platforms provide extensive features, including automated trading through Expert Advisors (EAs), advanced charting tools, and market analysis capabilities.

　　Fair Markets employs a market execution model, ensuring that trades are executed quickly without delays. The broker's infrastructure is designed to support high-frequency trading, with servers located in strategic locations to minimize latency.

5. Account Types and Trading Conditions

　　Fair Markets offers four main account types:

• Standard Fixed Account: No minimum deposit, spreads starting from 1.8 pips, and no commission.
• Standard Variable Account: No minimum deposit, spreads starting from 1.2 pips, and no commission.
• VIP Variable Account: Minimum deposit of $5,000, spreads starting from 0.6 pips, and no commission.
• Raw Zero Account: No minimum deposit, spreads starting from 0 pips, with a commission of $10 per lot.

　　The broker provides a free demo account, allowing traders to practice without financial risk. Leverage offered by Fair Markets can go up to 1:400, depending on the account type and asset class. The minimum trade size is set at 0.01 lots, making it accessible for traders with varying capital levels.

6. Fund Management

　　Fair Markets supports several deposit methods, including bank transfers, credit cards, and e-wallets like Skrill. The minimum deposit requirement varies by account type, with most accounts allowing deposits from as low as $1.

　　Deposits are typically processed quickly, with credit card transactions being instant. Fair Markets does not charge fees for deposits or withdrawals, which is a significant advantage for traders.

　　Withdrawal methods include the same options as deposits, and while the broker aims to process withdrawal requests promptly, actual processing times may vary and could take several days.

7. Customer Support and Educational Resources

　　Fair Markets provides customer support through multiple channels, including phone, email, and live chat. Support is available 24/5, covering weekdays but not weekends, and is offered in nine languages, enhancing accessibility for a diverse client base.

　　The broker offers educational resources, including thematic video guides, articles, and quizzes that allow traders to improve their knowledge and earn bonuses. Additionally, Fair Markets provides market analysis services, including daily updates and research reports, to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

　　Fair Markets primarily serves clients in various regions, with a focus on markets in Australia and Mauritius. However, the broker does not accept clients from certain countries, including the United Kingdom.

　　The broker's operations are structured to comply with local regulations, and it maintains a transparent approach regarding its services. Specific restrictions may apply based on regional laws and regulations, ensuring that Fair Markets operates within the legal frameworks of the jurisdictions it serves.

　　In conclusion, Fair Markets broker offers a competitive trading environment with a range of products and services. While it provides various account types and a robust trading platform, potential clients should consider the regulatory landscape and ensure that it aligns with their trading needs.