10Markets is a popular CFD and forex broker who operates in global markets. Unlike binary brokers, 10Markets offers a little bit different approach to online trading.
It is possible to trade with numerous stocks, forex, indices, and commodities after joining the 10Markets platform.
Below in 10Markets broker review, we will cover all major elements of this platform and what can our readers learn before they deposit with 10Markets. Thanks to different tutorials, guides, and video sessions, traders can get valuable information about how to learn all required tips and tricks for profitable trading.
To trade with this broker, traders are required to make a deposit of $250 with an investment of only $10. Returns go pretty high, up to 83%. This review showed us how 10Markets broker is regulated with no. 14692 from Vanuatu Financial Services Commission.
Traders have the option to invest in a large number of stocks, indices, currencies and commodities. Also, it is important to note how they claim to have support service available 24/7 which could be pretty handy for all those traders who are in a search for assistance when trading.
Traders who want to experience auto trading can use 10Markets platform since this forex broker is connected with a binary automated solution called Binary Options Robot.
10Markets Special Features
Due to technology capabilities, registered 10Markets traders are able to experience mobile application which has a modern and user-friendly interface. It is mostly used by traders who are busy but still want to have access to the trading platform in order to place trades.
App runs on both operating systems and can be used on tablets and smartphones.
For traders who are beginners on financial markets, 10Markets prepared demo account which is a powerful trading tool that enables trading at absolutely no risk. Traders might wonder how is that even possible but actually the thing is that demo is funded with virtual and not real money.
With a demo account, traders have the option to navigate over the platform, learn financial trading terminology and gather more confidence before they invest for real in different assets. To be legit for the 10Markets demo, traders need to login first.
In terms of different trading tools and services, 10Markets tries to deliver the best possible trading options for them to achieve their goals and have positive trading results which can lead to money gain.
That is why they implement different features, such as for example Mirror Trading. It is an actually social trading option where traders can follow successful trades of other registered traders.
What we learned in the 10Markets review is that traders first have to authorize their trading account and this can be done by providing 10Markets few required documents, including proof of address and a copy of photo ID.
If traders want to know more about legal issues of this broker, they can check Legal segment of the platform and get more details about Know Your Customer policy, terms and conditions, risk disclosure, privacy policy etc.
10Markets Accounts
What traders worldwide can discover from 10Markets broker review is that they provide five account types, each with its own trading characteristics and different minimum deposit amount.
10Markets Bronze Account
- Minimum deposit $250 +
- CFD and forex trading
- Daily market news
- Webinars access
10Markets Silver Account
- Minimum deposit $2500 +
- CFD and forex trading
- Daily market news
- Webinars access
- Assistance from Portfolio Manager for 2 weeks
- Signals on demand – period of 1 month
10Markets Gold Account
- Minimum deposit $5000 +
- CFD and forex trading
- Daily market news
- Webinars access
- Assistance from Portfolio Manager
- Signals on demand
- 1-on-1 trading sessions with a Specialist / once a month
10Markets Premium Account
- Minimum deposit $10000 +
- CFD and forex trading
- Daily market news
- Webinars access
- Assistance from Portfolio Manager
- Signals on demand
- 1-on-1 trading sessions with a Specialist / twice a month
- Withdrawal priority
- Priority use of forex trading algorithms
- Trading sessions with Chief Analyst
10Markets Platinum Account
- Minimum deposit $25000 +
- CFD and forex trading
- Daily market news
- Webinars access
- Assistance from Portfolio Manager
- Signals on demand
- 1-on-1 trading sessions with a Specialist / twice a month
- Withdrawal priority
- Priority use of forex trading algorithms
- Trading sessions with Chief Analyst
- Exclusive access to forex spreads
10Markets Trading Platform
The chosen software of 10Markets broker is MT4 (MetaTrader 4) which is often used software provider in forex and binary industry. With MT4, registered traders can get access to a wide range of trading charts, graphs and different indicators which might turn out to be very useful in the trading process.
What we discovered in the 10Markets review is that they offer three types of how to use MT4 platform: desktop, mobile, and web-based. This broker, however, offers a platform in only two languages: English and German. We believe it might not be a bad idea to expand the language list in order to attract more traders around the world who aren’t fluent in English or German.
While reviewing this broker, we noticed how they made a remarkable list of education materials which can greatly assist registered traders around the globe. They cover all major and relevant segments of the trading process, such as trading basic level, webinars, video sessions, FAQ and news from the industry (for traders to be updated all the time).
10Markets Support Information
Traders who join 10Markets platform should know how there are several ways how they can get in touch with this broker. The fastest way is via live chat where traders can get an instant answer on any question they might have.
Besides live chat, traders have following options: email [email protected], phone and online form. For online web form, traders only need to type their name, email, subject, and message.
Regarding phone numbers, they are available for following countries: Canada, Germany, Spain, Switzerland, South Africa and Poland.
10Markets Banking Information
While we were reviewing this broker, we noticed how they are very detailed in providing the legal type of information which show how traders can find all relevant data and be convinced if they are a serious broker or not.
As we have already mentioned, required minimum deposit to begin trading with 10Markets is $250. However, this amount can be higher if traders decide to choose other account types with more trading tools to choose from.
There are several ways how traders can deposit or withdraw money from the trading account. They are:
- Credit cards
- Bank wire
- E-wallets WebMoney, Yandex Money and iDeal
To make withdrawals, traders need to fill in withdrawal request and send it to 10Markets broker who will process the request between 2 and 5 working days. Also, traders are not required to pay any fees for withdrawals which seem excellent for all registered traders.