Can We Trust Dollars Markets??

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Dollars Markets official website is https://www.dollarmarkets.com/.

Our WikiFX database states that Dollars Markets has a reasonably high WikiScore of 7.69, meaning it is a reliable broker.

Dollars Markets, an online broker specializing in forex and CFD trading, has established itself as a prominent player in the industry, having operated for a duration of 2 to 5 years, as confirmed by WikiFX. Clients of Dollars Markets have the opportunity to engage in trading activities involving a diverse range of financial assets, including forex, metals, indices, cryptocurrencies, shares, energies, and ETFs.

The ownership and operation of Dollars Markets fall under the purview of the Dollars Markets Group, a collection of companies. Specifically, Dollars Markets Ltd, incorporated in Mauritius under business registration number 179703, holds a key position within this group. This entity's physical office is at St Georges Building, Suite 215 22, St Georges Street, Port-Louis, 11324, Mauritius. Furthermore, Dollars Markets Ltd is also registered in Saint Vincent and the Grenadines, with its office address located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent & the Grenadines. The registration number for this branch is 25859 BC 2020.

Dollars Markets claims it operates under the regulation and oversight of the Financial Services Commission of Mauritius (FSC), with the registration number GB21026297. WikiFX verifies the legitimacy of this license.

It is important to note that Dollars Markets does not provide services to entities based in the United States or residents of any kind within the country. While the company welcomes clients worldwide, various factors, including governmental regulations and internal policies, restrict the opening of accounts originating from certain countries. The following list encompasses the restricted and/or OFAC-sanctioned countries, as well as high-risk and non-cooperative jurisdictions from which the company does not accept account registrations: Afghanistan, Bosnia and Herzegovina, Democratic People's Republic of Korea (DPRK), Guyana, Iran, Iraq, Lao People's Democratic Republic, Myanmar, Papua New Guinea, Syria, Uganda, Vanuatu, and Yemen.

Types of accounts:

Dollars Markets offers 2 different types of accounts:

1. Standard Account requires only a mere deposit of $15 with a minimum spread of 0.1 pips. It allows the trading of 64 currency pairs, 5 precious metals, 12 global indices and 5 cryptocurrencies.

2. Pro Account is suitable for novice and professional traders. It requires a minimum deposit of $50 with a minimum spread of 0. It allows the trading of 107 currency pairs, 14 precious metals, 14 global indices, 104 cryptocurrencies, 158 shares, three energy and 7 ETFs.

Trading clients required to abide by the Shariah Laws could request an Islamic Account without swaps or interest.

Deposit and withdrawal methods:

Dollars Markets provide three main deposit and withdrawal methods: instant bank transfers, cryptocurrency and Mastercard. Dollar Markets claim they do not impose fees and charges on all deposit and withdrawal requests.

Trading platforms:

While Dollars Markets does not offer a proprietary trading platform, it provides its customers with the renowned MetaTrader platforms. Traders can choose between the widely used MT4 and MT5 versions, available in browser, desktop, and mobile app formats. Mobile apps cater to Android and iOS users, ensuring flexibility and convenience for traders.

Customer Service:

Dollars Markets provides 24/7 online customer service allowing customers to receive the necessary support and assistance anytime. Customers could also contact Dollars Markets via phone (+230 214 3371) or support@dollarsmarkets.com. Alternatively, customers can submit messages or questions on Dollars Markets official website and wait for the customer service response.