Sync Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://portal.sync-fx.com/#/user/register?code=T00001, the company's legitimate regulatory information AustraliaASICAppointed Representative(AR), to enhance the security of the company's address L1, 256 Rundle St, Adelaide, SA 5000.
Sync Markets Forex Broker
Basic information
Australia
Within 1 year Regulated in Australia Appointed Representative(AR) MT5 Full License Regional Brokers Medium potential riskCompany profile
Sync Markets Information
Sync Markets is a broker. The tradable instruments with a maximum leverage of 1:500 include forex, commodities, stocks, cryptos, and indices. The broker also provides standard, premium, and pro accounts. The minimum spread is from 0.1 pips. Although Sync Markets LTD. is regulated under ASIC, investment risks are inevitable.
Pros and Cons
| Pros | Cons |
| Regulated | Demo account unavailable |
| Various tradeable instruments | No 24/7 customer support |
| Commission free | |
| Spread as low as 0.1 pips | |
| Leverage up to 1:500 | |
| MT5 available | |
| 24/5 customer support |
Is Sync Markets Legit?
Sync Markets LTD. is regulated under ASIC, making it safer than unregulated brokers. The license type is AR and the license number is 001310454. The broker claims it is registered under the Australian Financial Services (AFS).
What Can I Trade on Sync Markets?
Traders can choose different investment directions because the broker provides forex, commodities, stocks, cryptos, and indices. Among them, commodities include gold, silver, coffee and cotton.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Indices | ✔ |
Account Type
Sync Markets has three account types: standard, premium, and pro. Traders who want low spreads can choose a pro account.
| Account Type | Standard | Premium | Pro |
| Spread | From 0.5 pips | From 0.3 pips | From 0.1 pips |
| Max Leverage | 1:500 | 1:500 | 1:500 |
| Fees | No | No | No |
Sync Markets Fees
The spread is from 0.1 pips, the commission is 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
Sync Markets cooperates with the authoritative MT5 trading platform available in desktop, web, and mobile(iOS/Android) versions. Traders with rich experience are more suitable for using MT5.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Web/Desktop/Mobile (iOS/Android) |