DV Markets is a leading forex broker with a wide range of forex products. Customers can choose from 45 different currency pairs and exotic currencies. They can also trade CFDs on 10 major indices, oil, and spot metals. Funds are held in a segregated trust account with National Australia Bank. DV Markets allows you to trade micro lots, which are 1000 units of base currency. A Pro account is available and charges a flat commission fee for deposits, with a lower spread than with a normal account.
In addition to its low commission fees, DV Markets offers leverage up to 1400, which can lead to substantial account losses, especially for inexperienced traders. It is also possible to lose money with leverage rates above this limit, which is why many jurisdictions have put limits on this ratio. However, there are some advantages to using this platform. The trades are conducted with a minimum batch size of 0.01 and can be completed within minutes.
Withdrawals can only be made using the same method as deposit. This is due to anti-money laundering laws that prevent financial firms from making transfers in third-party names. As such, the platform is very easy to use and offers demo accounts that do not have time constraints. Users only have to log in once every 30 days to withdraw money. Withdrawals made via bank transfer will take 2-5 business days. If you want to try the DV Markets forex trading platform before you invest real money, you can open a free account with the company and experience the benefits it has to offer.
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