FairMarkets Provides Liquidity To Brokers With A Focus On Providing Complete Transparency And Fair Market Pricing. FairMarkets Is A Liquidity Provider Registered With The Australian Securities And Investments Commission (ASIC). AFS Number 424122/ACN Number 159166739.
General Information And Regulations
FairMarkets Trading Pty Ltd. Is An Australian Registered And Regulated Company By ASIC (Australian Securities And Investments Commission). It Holds Afs License Number 424122 Acn 159166739 And Is Headquartered In Sydney, Australia.
Market Tools
The Tradable Financial Instruments Offered By FairMarkets Include Forex Currency Pairs, Cryptocurrencies (only Three Are Offered, Namely BTCUSD, ETHUSD And LTCUSD), Metals, Indices And Energy.
Minimum Deposit
Two Types Of Accounts Are Offered, Professional And Elite. Professional Accounts Require A Minimum Deposit Of $500, While Elite Accounts Require A Surprisingly High Deposit Of $25,000.
Fair Markets, Leverage
Trading Leverage Varies Depending On The Instrument. The Maximum Leverage For Forex Instruments Is 1:30, Cryptocurrency Is 1:2, XAUUSD Is 1:20, XAGUSD Is 1:10, Index Is 1:20, Energy Is 1:10.
Spreads And Commissions
There Are No Additional Commissions For Professional Accounts. The Average Spread Starts From 1 Point, For Example, EURUSD 1.2 Points, EURGBP 1.3 Points, XAUUSD 1.1 Points. The Average Spread For Elite Accounts Starts From 0.1 Points, EURGBP 0.3 Points, AUDUSD 0.2 Points, AUDCAD 0.6 Points. The Commission Is $25 Per Million Dollars. The Commission Expires.
Trading Platform
FairMarkets Offers The MetaTrader 5 Platform To Investors. Investors Can Access Financial Marekt On FairMarkets Anytime, Anywhere. The MT5 Platform Is Also Easily Accessible, It Can Be Used As A Desktop Download, An App For IOS And Android Devices, And Even As A Web Trader, Where Investors Can Trade In Their Internet Browser.
Deposits And Withdrawals
FairMarkets Accepts Investors To Fund Their Accounts Through A Number Of Popular Methods, Such As Bank Telegraphic Transfer, Visa Credit/debit Card, MasterCard Credit/debit Card, And Alipay. There Are No Details On Any Fees, So It Is Impossible To Comment On This Section.
