Score
South Africa
|
2-5 years
| https://duomarkets.com/
Website
Rating Index
Influence
D
Influence index NO.1
Colombia 2.58
LicensesLicensed Entity：EUROTRADE SA (PTY) LTD
License No. 44351
South Africa
duomarkets.com United States| Duo Markets Review Summary | |
| Founded | 2019 |
| Registered Country/Region | South Africa |
| Regulation | Not Regulated |
| Market Instruments | forex, actions, commodities, indexes, cryptocurrencies, and futures |
| Demo Account | Yes |
| Leverage | Up to 1:500 |
| Spread | Starting from 0.0 pips |
| Trading Platform | MetaTrader 4 and MetaTrader 5 |
| Min Deposit | $20 |
| Customer Support | support@duomarkets.com |
| 24/7 Live Chat | |
Duo Markets is a forex broker offering various tradable financial instruments including forex, actions, commodities, and indexes. It offers two account types and a demo account through MT4 and MT5 with high leverage up to 1:500. However, it is unregulated.
| Pros | Cons |
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Duo Markets is not regulated.
Duo Markets offers many tradable assets mainly including forex, actions, commodities, indexes, cryptocurrencies, and futures.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Crypto | ✔ |
| Indices | ✔ |
| Shares | ❌ |
| Metals | ❌ |
Duo Markets offers three account types: Demo, Standard, and Raw Spread. You can refer to the table for details.
| Account Type | Minimum Deposit | Commission per lot | Spread | Maximum trade | Maximum leverage | Fees on Card Deposits & Withdrawals |
| Demo | Not required | 0 | According to Account Type | 1000 lots | Up to 1:500 | - |
| Standard | $20 | 0 | 0.9 pips | 50 lots | 1:500 | $0 |
| Raw Spread | $300 | 7 USD, 6.5 EUR, 6 GBP | 0.0 pips | 50 lots | 1:500 | $0 |
Duo Markets offers spreads starting from 0.0 pips for live accounts, with $0 commissions for Standard accounts and $7 commissions for Raw Spread.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 | ✔ | PC and Mobile | Investors of all experience levels |
| MetaTrader 5 | ✔ | PC and Mobile | Investors of all experience levels |
Duo Markets requires a minimum deposit of $20 for live accounts. It charges no fees for Card Deposits & Withdrawals.
Yes, for Duo Markets trading, the Standard Account has no commission fees, which is great for me as a new trader. However, the Raw Spread Account charges a commission of $7 per lot, which is standard for brokers that offer tighter spreads. If I want to maximize my trading cost-efficiency, I’d consider the Standard Account.
Duo Markets broker offers a flexible fee structure. The Standard Account comes with a spread starting from 0.9 pips, with no commission fees. The Raw Spread Account offers the tightest spread of 0.0 pips, but charges a $7 commission per lot. For me, the free commissions on the Standard Account make it appealing for low-cost trading, while the Raw Spread Account is better suited for more experienced traders who are comfortable with commission fees for tighter spreads.
Duo Markets broker offers three account types: Demo, Standard, and Raw Spread. The Demo Account is perfect for me to practice without risking real money, while the Standard Account offers a low minimum deposit of $20 and no commission fees. The Raw Spread Account is ideal for more experienced traders like me, offering tight spreads from 0.0 pips but with a $7 commission per lot.
Yes, Duo Markets broker offers a demo account, which is fantastic for testing strategies without risking real money. I would definitely use this feature to practice on their platform before starting to trade live.
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FX8902734332
Ecuador
The support team of Duo Markets always has a clear and quick response. It is evident that they care about their community of traders.
Positive
FX4059276564
Ecuador
I love how Duo Markets organizes their webinars. They are very interactive and you learn directly from the experts.
Positive
FX1454866702
Ecuador
The regulation of Duo Markets in the United Kingdom and South Africa gives me peace of mind that my money is in good hands.
Positive
FX2401045788
Ecuador
Incredible experience with Duo Markets! Their awards for IBs are a great incentive for those looking to grow in this market
Positive
Nanda CasRen
Ecuador
Duo Markets has changed my perception of brokers. They offer much more than financial services, they offer knowledge and community!
Positive
FX3230304754
Ecuador
I am excited to be part of Duo Markets! Their tournaments are not only exciting, but also a great opportunity to improve my strategies.
Positive
FX3001587185
Ecuador
Thanks to its partnerships with professors from prestigious universities, Duo Markets webinars are true master classes.
Positive
FX2513934757
Ecuador
I have tried several brokers, but few have such an educational approach as Duo Markets. It is a place to learn and grow!
Positive
FX3592353444
Peru
Withdrawals are fast, and the educational portal they have is one of the best they have, in addition, they are very concerned about providing courses and free training constantly.
Positive
FX2502045919
Chile
The customer service of Duo Markets is spectacular. They helped me with my first withdrawal, and that leaves me super calm.
Positive