All Share (J203) = 90 266
Rand / Dollar = 18.13
Rand / Pound = 23.52
Rand / Euro = 19.76
Gold (usd/oz) = 3 029.28
Platinum (usd/oz) = 990.94
Brent (usd/barrel) = 70.73
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Price Markets Review

Price Markets Review

 

Overall, Price Markets can be summarised as a credible broker and is considered average-risk with competitive trading fees and spreads. Price Markets has an overall trust score of 5/10. Price Markets offers traders the MetaTrader 4 platform to trade and practice on.

 

Price Markets at a glance:

Broker's NamePrice Markets
📍 HeadquarteredLondon, England
📅 Year Founded2013
⚖️ Regulating AuthoritiesFCA
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:30 for retail/1:200 for professionals
💰 Minimum Deposit$5000
💳 Deposit OptionsBankWire, Skrill, CardPay
💳 Withdrawal OptionsBankWire, Skrill, CardPay
💻 Platform TypesMetaTrader4, FIX API
📱 OS CompatibilityWindows, Mobile, Web, iPone, iPad, PC and Mac OS, mobile for Android and IOS
📈 Tradable assets offeredCurrencies, commodities, and indices
👨‍💼 Languages supported on WebsiteMultilingual
👥 Customer Support LanguagesMultilingual
📆 Customer Service Hours24/5

 

Min Deposit

USD 5000

Regulators

FCA, ESMA

Trading Platform

MT4

Crypto

No

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Choose your quick section of our Price Markets Review below.

 

Price Markets Review – 19 key points quick overview:

  1. ✔️Who is Price Markets
  2. ✔️Price Markets Safe or Scam?
  3. ✔️Price Markets Pros and Cons
  4. Price Markets Leverage
  5. Price Markets Accounts
  6. Price Markets Market Instruments
  7. Price Markets Fees
  8. Price Markets Deposit and Withdrawals
  9. Price Markets Trading Platforms
  10. How to open a Price Markets account
  11. Price Markets Customer Support
  12. Price Markets Education
  13. Price Markets vs FXGlobe vs XM – A Comparison
  14. Price Markets Current Popularity Trend
  15. Price Markets Research
  16. Price Markets Awards
  17. Conclusion
  18. Disclaimer
  19. FAQ’s

 

Who is Price Markets

 

According to research in South Africa, Price Markets is an award-winning brokerage firm founded in 2013. The company’s headquarters are based in London, the United Kingdom. The company offers its services to multiple countries across the globe, with the exception of the United States and a few other countries due to legal restrictions.

 

Price Markets offers a variety of trading choices, regardless of a customer’s experience level or style. Some of the highest liquidity levels for financial instruments on the market are offered by this company.

 

 

The company specializes in providing exceptional trading conditions in a variety of asset classes such as indices, currencies and commodities.

 

 

Price Markets Safe or Scam?

 

Price Markets is authorized and regulated by some of the most respected financial regulators, the Financial Conduct Authority (FCA) and the European Securities and Markets Authorities (ESMA). The company is registered in England as well as Wales.

 

When trading with this company, customers can be confident in the legality of their trading activities and the protection of their funds. The company operates under regulatory requirements, ensuring that high standards of controls and measures are put in place.

 

Customer funds are kept in segregated accounts with major financial institutions in the United Kingdom, which ensures protection in the unlikely event of the company failing to meet its financial obligations.

 

Along with Financial Services Compensation Scheme (FSCS) protection, this also serves as a great reassurance for customers.

 

Price Markets Pros and Cons

✔️ Pros❌ Cons
Popular MetaTrader4 trading platformHigh deposits
Low spreadsDoes not accept customers from the USA and certain other countries
Transparency - No hidden feesNo economic calendar available at the moment
Active on social media
Segregated customer accounts
Follows strict requirements of financial regulators
NeroEx Technology

 

Price Markets Leverage

 

As Price Markets is regulated by the European Securities and Markets Authority and the Financial Conduct Authority, it is required to offer specific leverage levels to its retail customers for protection against the use of high ratios.
Leverage levels depend on both investor classification as well as the market instrument. Standard account holders are offered up to 30x leverage and FIX API account holders are offered up to 200x leverage.

 

Price Markets Accounts

 

Price Markets offer two different account options to meet the expectations of both beginner and seasoned traders.

 

Standard Account

The Standard account is perfect for beginner or retail customers that want to experiment or gain more knowledge before moving on to a more serious trading option.

Features and advantages:

➡️️​ Minimum deposit: $5 000

➡️️​ Currencies: GBP, USD, EUR, CHF and JPY

➡️️​ Trading instruments: FX, Commodities and Indices

➡️️​ Access: MetaTrader4, Web or Mobile

➡️️​ Negative Account Balance Protection

➡️️​ Up to 50 000 GBP FSCS protection

➡️️​ Low-latency NY4 ECN execution

➡️️​ 5 USD per lot / per side (FX and Commodities)

➡️️​ 25 bps per lot / per side (Indices)

 

FIX API Account

This account is available to Elective Professional traders only.

Features and advantages:

➡️️​ Minimum deposit: $50 000

➡️️​ Currencies: GBP, USD, EUR, CHF and JPY

➡️️​ Trading Instruments: FX, Commodities and Indices

➡️️​ Access: FIX, MetaTrader4, Web or Mobile

➡️️​ Low-latency NY4 or LD4 ECN execution

➡️️​ As low as 8 USD per million USD commissions

 

PAMM and MAM Accounts

Price Markets offers Percentage Allocation Management Module (PAMM), as well as Multi-Account Manager (MAM), accounts for licensed professional traders.

Up to 100 client accounts can be copied and there is no need to open a MetaTrader4 terminal for every account. The maximum delay time is 5 minutes when using 100 accounts.

Features and advantages:

➡️️​ Money Managers and Hedge Funds

➡️️​ Manage multiple client accounts on the company’s ECN Platforms

➡️️​ Price Markets Currenex ECN, Integral FX Inside, HotSpot FX, 360T and MT4 ECN

➡️️​ Automatic allocation module for PAMM allocation, regardless of the number of clients

➡️️​ Support multiple allocations for different risk-weighted programs

➡️️​ No limit on number of pre-defined PAMM allocations

➡️️​ Manage multiple strategies and portfolios from the same trading platform

➡️️​ Simple client-end back-office login

➡️️​ Customizable and flexible

➡️️​ Comprehensive, flexible reporting services

➡️️​ Give-ups and direct lines for Hedge Funds holding assets with Custodian banks

➡️️​ Full control of PAMM

➡️️​ Multiple Allocations / Programs

➡️️​ Multiple Platforms and ECN’s

➡️️​ One allocation tool

➡️️​ Custom reporting tools

➡️️​ Access to FX, Commodities, CFDs and Indices

 

Min Deposit

USD 5000

Regulators

FCA, ESMA

Trading Platform

MT4

Crypto

No

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Price Markets Market Instruments

 

Price Markets has a wide selection of trading instruments available for customers to trade with, including indices, commodities and currencies.

The company offers 12 different indices, such as Australia 200, Japan 225, Germany 30, UK 100 and US 500 Index. The company’s commodities consist of 5 different options – US Oil Contract, UK Oil Contract, Natural Gas, Gold vs. US Dollar and Silver vs. US Dollar.

 

The company offers CFD trading on more than 100 currency pairs, which are divided into major, including:

➡️️​ EUR/USD

➡️️​ GBP/USD

➡️️​ USD/CAD

 

Minors, including:

➡️️​ EUR/GBP

➡️️​ EUR/CHF

➡️️​ GBP/JPY

➡️️​ CHF/JPY

 

And exotics, including:

➡️️​ USD/NOK

➡️️​ USD/HKD

➡️️​ EUR/CZK

 

Forex instruments are traded 24 hours a day, 5 days a week. It offers 35 markets for both Retail and Professional customers.

 

Price Markets Fees

 

Price Markets is transparent about the fees and commissions it charges its customers. Transaction costs may include fees on rollovers, depending on the interest rates of the currencies being traded.

Fees include clearing, execution, brokerage fees and platform. Commissions are charged per platform used.

 

Indices:

➡️️​ Commission: 25 bps per lot / per side and spreads

➡️️​ Spreads: ranges from 0.5 to 10

 

Commodities:

➡️️​ Commission: 3.5 USD per lot / per side.

➡️️​ Spreads: ranges from 0.04 to 5.

 

Forex:

➡️️​ MetaTrader4 Commission: 3.5 USD per lot / per side.

➡️️​ FIX API Commission: 20 USD per million USD traded

➡️️​ Spreads ranges from 0.3 to 121.

 

Price Markets Deposit and Withdrawals

 

Price Markets offers numerous deposit and withdrawal options. Transfers can vary from immediate to 24 hours to reflect, depending on the payment provider. No third-party bank deposits are allowed.

Credit cards include:

➡️️​ Visa

➡️️​ Maestro

➡️️​ MasterCard

➡️️​ Online payment systems include:

➡️️​ Skrill

➡️️​ iDeal

➡️️​ EPay

➡️️​ Przelewy24

➡️️​ Rapid Transfer

➡️️​ Nordea Solo

➡️️​ Klarna (former Sofort)

➡️️​ POLi

➡️️​ Giropay

➡️️​ Bank transfers include:

➡️️​ Allied Irish Bank

 

Deposits:

 

CardPay

➡️️​ Deposit fee: 3.50%

➡️️​ Refund fee: 1 EUR

➡️️​ Chargeback fee: 50 EUR

 

Allied Irish Bank

➡️️​ Deposit fee: 15 GBP / 20 EUR / 25 USD

 

Withdrawal:

 

CardPay

➡️️​ Withdrawal fee: 0%

➡️️​ Refund fee: 1 EUR

➡️️​ Chargeback fee: 50 EUR

 

Skrill

➡️️​ Withdrawal fee: 4.00% EUR / 7.00% non-EUR

➡️️​ Country Surcharge fee: 1.00%

 

Allied Irish Bank

➡️️​ Withdrawal fee: 0% fee

 

Min Deposit

USD 5000

Regulators

FCA, ESMA

Trading Platform

MT4

Crypto

No

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Price Markets Trading Platforms

 

Price Markets’ customers have a flexible selection of platform choices. With NeroEx Technology, the processing time of orders is reduced significantly, which creates the best opportunities and trading conditions.

The technology also offers the best execution for financial instruments and quotes from liquidity providers grants trading conditions with minimal spreads.

 

MetaTrader4

The MetaTrader4 platform is one of the world’s most popular and reputable trading platforms. This platform offers advanced and reliable software, is multi-functional and provides access to a great number of trading instruments.

Features and benefits of MetaTrader4:

➡️️​ User-friendly

➡️️​ Numerous tools available such as arrow and scalping indicators, robots as well as several different charts.

➡️️​ Available on PC, MAC and mobile platforms.

➡️️​ MQL4 programming language allows customers to use indicators and trading advisors

➡️️​ Interbank liquidity such as access to financial world news line and the “Trading signals” service

➡️️​ Full-functional online access to trading

 

MT4 WebTrader

The MT4 WebTrader is a great choice for traders who need to access their account through the company’s web version of the MetaTrader4 terminal, especially when having PC issues or those who urgently need to manage their account.

This web version of MetaTrader4 enables customers to trade and analyse currency quotes. Operations are fully secured and all data is encrypted.

Features and benefits of the MT4 WebTrader:

➡️️​ No need to download or install software, just login on the company’s browser page

➡️️​ Gives customers access to time-frames, advanced technical tools and information

➡️️​ Quick access to the charts

➡️️​ Access to online signals, financial news, technical indicators and trading advisors

➡️️​ 100% compatible with the majority of operating systems, web-browsers and languages.

➡️️​ One-click order placement system

 

MetaTrader4 for Android and iOS

The smartphone app for MetaTrader4 provides a fully functional online trading experience from Android as well as iOS. Access is given to a complete set of orders, trading history, technical analysis tools and charts.

Features and benefits of the MetaTrader4 smartphone app:

➡️️​ Fully capable of replacing the desktop version of the MetaTrader4.

➡️️​ Supports 30 popular technical indicators and 24 analytical objects

➡️️​ Supports 10 different trading windows

➡️️​ “One Tap Trading” function

➡️️​ Display up to four charts of quotes in a single window

➡️️​ Separate window with orders information, trading history, emails and logs

➡️️​ Interactive charts show quotes changes in real time

➡️️​ Downloadable from the Google Play Store / App Store

 

FIX API

FIX API enables access to the real-time, custom institutional interface. It pushes up to 250 price updates per second and is the fastest and most popular option for Price Markets customers. A full range of trading order types are available.

Features and benefits of FIX API:

➡️️​ Professional protocol used for transitions of financial data

➡️️​ Quick time order execution

➡️️​ Access to more than 50 of the TOP worldwide liquidity providers (international financial organisations, exchanges etc.)

➡️️​ Algorithmic trading with NeroEx

➡️️​ Correct pricing

➡️️​ Financial data from numerous sources

➡️️​ Automated trades

 

How to open a Price Markets account

 

The Price Markets review is simple and easy.

Interested traders can follow the company’s online process by providing the necessary information to open an account.

The company also offers an option to open a free demo account for potential traders who would like to gain the necessary knowledge in a risk-free environment and to experiment with different trading conditions and platforms.

 

Price Markets Customer Support

 

Price Markets offers great support for each individual customer by attending to needs, responding quickly to any questions and problems that may arise and assisting with opportunities that will enhance customer funds and ensure a positive experience.

Support is available 24 hours, 5 days a week. Customers can contact the company’s support team via telephone, live chat and email, as well as social media.

 

Price Markets Education

 

Price Markets provides detailed step by step information on how to use, download and register for accounts, platforms and market instruments. Trading FAQ and Account FAQ is also available.

With the company’s User Manual and Guides page, customers can access information on how to use trailing stops, open and close positions, stop loss and take profit, how to execute a market order and real time quotes, amongst others. Tutorials are also available.

 

Price Markets vs FXGlobe vs XM – A Comparison

🔎 Broker🥇 Price Markets🥈 FXGlobe🥉 XM
💰 Minimum Deposit$500$250$5 USD
📝 Sign-Up BonusNo ☑️ Yes☑️ Yes
➕ Max. Leverage1:301:3001:888
💵 Currency Pairs-50+57
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here

 

Price Markets Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “Price Markets” is entered into Google’s search engine over a given period of time.

Price Markets Research

 

Price Markets offers research tools to assist retail and professional customers with various trading strategies and financial news. These help to maximise opportunities and customer funds.

 

Price Markets Awards

 

Price Markets is an award-winning company that is regularly nominated for a number of awards. Some of these include:

➡️️​ Best Non-Bank Liquidity Provider 2015 By FXWeek

➡️️​ Gold Winner Prime Brokerage Europe 2015 by IAIR

➡️️​ Best New Prime of Prime Broker Award 2014 by IFM

➡️️​ Best Liquidity Provider 2014 by Forex Magnates

➡️️​ Best FX Clearing Provider 2014 By FXWeek

 

Min Deposit

USD 5000

Regulators

FCA, ESMA

Trading Platform

MT4

Crypto

No

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Conclusion

 

With all things considered, it is clear that the amount of market share, level of liquidity and high trading conditions provided, makes Price Markets a great choice for beginners as well as professional customers. Its awards for services provided speaks for itself.

The company is committed to offering its customers 100% transparency, an individual approach to their needs, continuous quality improvement as well as technical infrastructure improvement.

 

You might also like: Price Markets Account Types Overview

You might also like: Price Markets Demo Account – Step by Step

You might also like: Price Markets Fees and Spreads

You might also like: Price Markets Minimum Deposit

You might also like: Price Markets Sign up Bonus

 

Disclaimer

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This notice details information about some of the risks associated with these products but cannot explain all of the risks, nor how such risks relate to your personal circumstances.

If you are in any doubt you should seek professional advice as it is important that you fully understand the risks involved before making a decision to enter into a trading relationship with us.

Professional clients can lose more than they deposit. CFD trading involves significant risk, according to research in South Africa.

 

FAQ’s

 

Is Price Markets a fake or scam?

Price Markets is a regulated trusted forex broker but based on user experience it can be viewed as a scam broker.

 

Which trading platforms are supported by Price Markets?

Price Markets support the MetaTrader 4 trading platform

 

What is the overall rating for Price Markets out of 10?

The overall rating for Price Markets is 5/10

 

What type of broker is Price Markets?

Price Markets is an ECN broker

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

May 15, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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