DowMarkets Journal

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DowMarkets Profile
Year
2020
Country
Marshall Islands
Branches
1
Regulation
not regulated
Registration
IFMRRC
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х US
Broker type
MM
Dealing book
A+B hybrid book
Tier
3
Execution speed
0 ms
LPs total
0
LPs quality
...
LPs names
...

DowMarkets Accounts
MM
Minimum Deposit
250 $
Leverage
200 : 1
Minimum Lot
0.01 lots
EURUSD spread
2 pips
Commission
0 $/lotRT
Volume
...
Margin Call
50 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
no
Update broker

Is DowMarkets safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: IFMRRC
  • Publicly traded: no
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is DowMarkets trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • DowMarkets website: semi-detailed, updated ★★★
  • DowMarkets popularity (by visitor count): low visits ★★

How DowMarkets works

The volume of trade does not include the transactions which are opened in the mixed way, scalping transactions, and transactions which last less than three minutes In case there is no trading activity on the account during any period longer than three months from the moment the bonus is deposited and till the moment the volume of trade must be reached, the company has the right to debit the bonus money as well as the whole income on the account of the client for the given period without any notice or agreement with the client.

The Company offers a fixed spread on the web platform. The fixed spread changes depending on time and market conditions.

The Company offers a floating spread on MT4 trading platform. The floating spread on the CFD’s market means a constantly changing value between Ask and Bid which depends on the market volatility and liquidity.

You acknowledge that the minimal timeframe for manual execution of the transaction on the webplatform is 3 minutes. We reserve a right to cancel transactions in cases where the timeframe between the opening of the transaction and its manual closure was less than 3 minutes. There is no minimal timeframe for open positions on the MT4 terminal.

Maximum period for keeping an open position on the web-platform is 21 days. We reserve a right to close your transactions with open positions outstanding for more than 21 days. If the order was opened on the contract with the specific expiration date, such order will be closed in 21 days or on the contract’s expiration date (one of the events that occur earlier).

https://www.12trader.com/terms-and-conditions

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