eForex Markets is a trading name of eFX Markets Limited. eForex Markets is authorized and regulated since 2017 by Territory of British Virgin Islands, BVI Business Companies Act of 2004, number 2011479.
Yes, our market prices are derived from our aggregation engine that is integrated to top-tier banks and non-bank institutions.
The Funds can be deposited via Credit/Debit Card, Crypto currencies, Wire transfers and Local Banks. Withdrawals are provided to the source of the deposit (Exceptions are made under special requests).
The minimum account balance to open is 200 USD or the amount equivalent in HKD/EUR
As we provide ECN pricing, the spreads are variable and not fixed. In order to view live market spreads, you can request a demo account.
Yes, as we provide competitive spreads, our commission is starting from 0.70 USD round turn for a mini lot (10,000 units) and 7.00 USD round turn for a standard lot (100,000 units). The commission is on a USD basis, if you are trading pairs that are non-USD, the commission will vary depending on the market conversion rate.
Our minimum lot size to trade is 0.01 (1000 units) with no maximum trade size. If there are enough funds in the account to cover the margin required, the account has the ability to trade larger lot sizes
We offer a maximum leverage of 1:400
No, our firm is not a market maker. We do not have a dealing desk; we only provide Straight Through Processing (STP) order execution.
Stop losses and Take profits are not guaranteed to fill at your specified price. As these types of orders are sent as a market order, depending on market volatility, you may incur positive or negative slippage.
Yes, negative or positive slippage can occur depending on market conditions.