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Price Markets Forex Broker provides real users with 1 positive reviews, * neutral reviews and 10 exposure review!

Price Markets Broker Review

1.59

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FCA Revoked

Price Markets Review 11

Latest All(11) Positive(1) Exposure(10)
Positive

Not sure when I first started trading with this broker—maybe 2 or 3 years ago...I can't remember the exact time. But I did remember that this broker's spreads were very low and that its MT4 never had problems, which is why I traded with it for so long.

Asher Li
2024-08-07
Exposure
Cannot withdraw. What to do? Anyone?

What can I do? There are more than 20 grand. Anyone has the same problem. Please leave a message so we can discuss.

Final(终情)
2023-05-13
Exposure

The company forcily transfer to nft and unable to withdraw money. The company has been cancelled, seek help

杨芳885
2022-10-09
Exposure
The company is cancelled, no money can be withdrawn, no money can be refunded

Today, I found out that the company has been cancelled on March 31, 2022. The funds cannot be withdrawn, and the principal is stuck. I cannot withdraw funds. I need help. What should I do?

FX2990909955
2022-07-04
Exposure

Do not allow to withdraw. Withdrawal is limited. It will crushed soon. All teams are left. Leave now.

FX3698076374
2022-04-28
Exposure

I can not withdraw for a large sum of money. So, you should be careful to avoid being cheated.

FX1390876652
2021-10-01
Exposure

Please pay attention to this romantic liar named Frank Jack (Jakki) whatsapp# (315) 362-1085 Email frank1765@gmail.com or jackk8292@gmail.com. Frank is a talkative person and always asks for money to make an investment that is said to double your investment within a week. He will tell you that the foreign exchange broker is registered, but he is not. An unregulated foreign exchange broker named Price Markets, he uses the email address jacobkk231@yahoo.com. There is no phone number or company website. Only communicate with Mr. Kimmuch via email. Frank said that investment is very low-key and does not want to advertise. If you know this man who claims to be from New York City, please do not believe his stories, false promises and lies. The latest investment he is promoting provides a higher return than the original investment. Great, this may be true. Said his birthday was April 18, 1971, and when I received my driving license, it said June 3, 1972. Another lie.

FX2046354843
2021-09-13
Exposure
cheaters.

Besides, price market UK send out daily statement from Oct 1. Price market has responsibility to ensure trade details in statement is correct. Black and white. Oct 1 my first position is opened, but Oct 12 inform me the rate is incorrect ! Without prior notification and any warning are given. Price market suddenly require charge back swap charge in previous holding date. It is totally ridiculous and unfair for customers. All my profit of $44k is taken away from price increment.

FX7359315392
2021-09-13

  

Price Markets 2025 Review: Everything You Need to Know

  In this comprehensive review of Price Markets, we explore the overall reputation of this forex broker, highlighting user experiences, advantages, and disadvantages. While Price Markets has garnered some positive feedback for its trading technology and platform offerings, it has also faced scrutiny regarding its regulatory status and user complaints.

  Note: It's important to consider that Price Markets operates under different entities in various regions, which can affect user experiences and regulatory compliance. This review aims to provide a balanced perspective based on the latest available information.

  

Rating Summary

Criteria Rating (Out of 10)
Account Conditions 5
Tools and Resources 4
Customer Service and Support 4
Trading Setup (Experience) 6
Trustworthiness 5
User Experience 4
Additional Rating (Promotions) 3

  How we rate brokers: Ratings are based on a combination of user feedback, expert opinions, and factual data derived from various sources.

  

Broker Overview

  Founded in 2013, Price Markets is a UK-based forex broker that offers a range of trading services primarily through the MetaTrader 4 platform. The broker specializes in forex, indices, and commodities, providing access to over 50 financial instruments. Price Markets was previously regulated by the Financial Conduct Authority (FCA); however, there are indications that its license has been revoked, raising questions about its current regulatory status.

  

Detailed Breakdown

  •   Regulatory Regions: Price Markets claims to be regulated by the FCA; however, recent reports indicate that its license is no longer active, which poses a risk for traders [source: 55brokers.com]. This lack of regulation may lead to increased scrutiny and concern among potential users.

  •   Deposit/Withdrawal Currencies: Price Markets supports several currencies, including USD, EUR, GBP, and JPY. However, the minimum deposit requirement is relatively high at $5,000, which may deter beginner traders [source: forexbrokersinfo.com].

  •   Minimum Deposit: The minimum deposit to open a standard account with Price Markets is $5,000, which is considerably higher than many other brokers that offer accounts with minimum deposits as low as $100 [source: sashares.co.za].

  •   Bonuses/Promotions: Currently, Price Markets does not offer any bonuses or promotional incentives for new or existing clients, which is a drawback compared to competitors who often provide such benefits [source: reliableforexbroker.com].

  •   Trading Asset Classes: Price Markets provides access to a diverse range of trading instruments, including major forex pairs, indices, and commodities. However, it does not offer cryptocurrency trading, which is becoming increasingly popular among traders [source: forexing.com].

  •   Costs (Spreads, Fees, Commissions): The broker offers spreads starting from 0.0 pips, but the average spread for the EUR/USD pair is reported to be around 2 pips, which is above the industry average [source: theforexreview.com]. Additionally, Price Markets charges a commission of $3.50 per lot for forex and commodities, which can add to the overall trading cost [source: sashares.co.za].

  •   Leverage: Price Markets offers leverage of up to 1:30 for retail clients, which complies with FCA regulations. Professional traders may access higher leverage rates [source: 55brokers.com]. This is a standard offering in the industry but may limit traders looking for more aggressive trading strategies.

  •   Allowed Trading Platforms: Price Markets primarily supports the MetaTrader 4 platform, known for its robust functionality and user-friendliness. However, the platform's performance and features may vary based on user experience [source: theforexreview.com].

  •   Restricted Regions: Price Markets does not accept clients from the United States and other select countries, which limits its global reach [source: sashares.co.za].

  •   Available Customer Support Languages: Customer support is offered in multiple languages, but the availability is limited to 24/5, which may not meet the needs of all traders [source: forexing.com].

      

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    Conclusion

      In conclusion, while Price Markets offers a range of trading options and competitive technology, its regulatory status and high minimum deposit requirements may raise concerns for potential traders. The mixed reviews from users highlight the need for careful consideration before engaging with this broker. Overall, Price Markets presents itself as a legitimate option for experienced traders, but beginners may find better alternatives with lower entry barriers and comprehensive educational resources.

      As a final note, potential clients should conduct their own due diligence regarding Price Markets and consider the implications of trading with a broker that has faced regulatory challenges.