Note: DuxMarket's Official Website - Http://www.duxmarket.com/en Is Currently Unavailable. The Company Appears To Have Gone Out Of Business. Therefore We Can Only Collect Some Relevant Information For Reference Only.
General InformationDuxMarket Is Headquartered In London. Their Products Cover The Entire Financial Investment Sector And Offer Online Trading Of A Diverse Range Of Global Financial Products Such As Forex, Precious Metals, Crude Oil And Indices Through The Leading MT4 Platform.
Pros And Cons
Pros: Diverse Financial Instruments, Offering Demo Account Accounts
Cons: Unregulated, Unavailable Website, Lack Of Transparency, Reports On Withdrawal Issues, Limited Account Options
Account Type
In Addition To Demo Account, DuxMarket Only Offers One Account Type Called Regular Account. This Account Type Requires A Minimum Deposit Of 500 Dollars To Start Trading.
Leverage
DuxMarket Offers Its Clients Leverage Of Up To 1:400, Which Allows Traders To Control Larger Market Positions With Less Capital.
Spreads And Commissions
DuxMarket Offers Starting Spreads Of 1.6 Pips, Information On Commissions Is Not Specified.
Deposits And Withdrawals
DuxMarket Accepts Deposits And Withdrawals Through A Number Of Popular Methods Including Visa, MasterCard, Skrill And NETELLER
2022-05-26 We Have Reviewed And Confirmed That DuxMarket Is An Unregulated FX Broker
DuxMarket Claims To Be Regulated By The National Futures Association (NFA) With Regulatory Number 0524124. We Did Find Matching Results In The NFA's Registration, However, DuxMarket Is Not A Registered Member Of This Regulator And Is Therefore Not Effectively Regulated By The NFA. As A Forex Trader, You Must Keep In Mind That If A Trader Claims To Be Eligible To Solicit US Clients For Forex Trading, They Must: 1) Be A Registered Member Of An NFA-accredited Forex Dealer, And 2) Be Accredited As A "Retail Forex Dealer". Obviously, DuxMarket Does Not Meet These Conditions. This Means That The Trader Is Just A Registered Company, Not A Regulated Company, With No Authority To Provide Financial Services. This Is A Fake Trader.
2022-07-08 We Found That The DuxMarket Webpage Has Expired
On July 8, 2022, We Found That Https://www.duxmarkets.com/This Domain Name Has Expired, And It Is Very Likely That The Domain Name Has Been Suspended, Which Is A Bad Sign.
