WM Markets Forex Broker

WM Markets Review Summary Founded2019-10-31 Registered Country/RegionComoros RegulationUnregulated Market InstrumentsForex, Commodities, Stocks, Cryptocurrencies, Indices, ETFs, Energies, and Treasuries Demo Account✅ LeverageUp to 1:1000 SpreadFrom 0.0 pips Trading PlatformMT5 (Desktop, Mobile, and Web), MT4 (PC, Mac, Android, iOS, Web, Tablet, iPhone, iPad), WM Markets App Min Deposit$50 Customer Supportsupport@wmmarkets.com +44 1613940573 Bonovo Road, Fomboni, Island of Moheli, Comoros UnionWM Markets Information WM Markets is a global financial trading platform that offers trading services for multiple asset classes, including foreign exchange (Forex), contracts for difference (CFDs), and stocks. It supports trading via MT4, MT5, and mobile applications, and provides a loyalty rewards program, making it suitable for traders of different experience levels.Pros and Cons Pros Cons Multiple trading instrumentsUnregulated Spreads as low as 0.0 pips (Forex)Opaque cryptocurrency leverage $0 commission (stocks and ETFs)Missing account types MT4 and MT5 availableIs WM Markets Legit? In fact, WM Markets is not regulated, and the WM Markets website does not clearly disclose specific regulatory authorities (such as FCA, ASIC, etc.) and license information.What Can I Trade on WM Markets? The platform supports trading of multiple asset classes (all traded as CFDs), such as forex, indices, stocks, commodities, energies, cryptocurrencies, treasuries, and ETFs. Specific products include: Over 45 currency pairs, such as AUDUSD and EURUSD. 15+ major global indices, such as the S&P 500 and Dow Jones Industrial Average. 100+ popular stocks, such as Apple, Microsoft, and NVIDIA. Soft commodities like coffee and sugar, and precious metals like gold and silver. Energies include crude oil (Brent, WTI) and natural gas. Leading cryptocurrencies like Bitcoin and Ethereum. U.S. Treasury futures, German Bund futures, and exchange-traded funds (ETFs) with $0 commission to support diversified investing. Tradable Instruments Supported Forex✔ Commodities✔ Stocks✔ Cryptocurrencies✔ Indices✔ ETFs✔ Energies✔ Treasuries✔Account Type The VIP ZERO account is specially tailored for high-net-worth individuals. The WM Markets VIP ZERO account is suitable for holders of ZERO MT4 and ZERO MT5 trading accounts. The Prime account is more suitable for beginners. Account Type ZeroPrime Suitable forForex prosBeginner traders Minimum Deposit$1000$50 Spreads from0.0 pips1.0 pips Max Leverage1:10001:1000 Commission$8 (Forex & Metals CFDs/Round Lot)$8 (Crypto CFDs/Round Lot) $0 (all other CFDs)$0 (all other CFDs) Islamic / SWAP FreeNOT availableAvailable Negative Balance ProtectionYesYes Training providedNoYes Stop Out Level20%20% Margin Call Level100%100%WM Markets Fees Different markets have different fee requirements for trading. For example, the spread for foreign exchange can be as low as 0.0 pips (such as AUDUSD), and there is a $0 commission for stock and ETF trading.Trading Platform Traders can experience automated trading (EA) and multi-account management functions through the MT5 desktop, mobile, and web versions. In addition, the platform also offers the WM Markets App, designed specifically for mobile trading, including copy trading.