Dollars Markets

Overview

Founded in 2020, Dollars Markets is an online forex broker offering a wide range of products, including more than 60 currency pairs, precious metals, indices, cryptocurrencies, stocks, energy, and ETFs.

The broker provides two account types:

• Standard: For beginners, with a minimum deposit of 15 USD.
• Pro: For experienced traders, requiring a minimum deposit of 50 USD, tighter spreads, and a commission of 7 USD/lot.

Key strengths of Dollars Markets include leverage up to 1:2000, spreads from 0.0 pips, and modern MT4/MT5 platforms. In addition, the broker offers 24/7 multilingual customer support.

Pros & Cons

Pros:

• Wide range of assets (FX, metals, stocks, crypto, ETF, energy).
• High leverage up to 1:2000.
• Low minimum deposit (15 USD).
• Spreads starting from 0.0 pips.
• Demo account available.
• MT4 & MT5 platforms.
• 24/7 multilingual customer support.
• 50% deposit bonus.
• No overnight swap fees.

Cons:

• Offshore regulation with limited credibility.
• Limited funding/withdrawal methods (USD only, no e-wallets).
• Withdrawal fees (1%) and slow processing for bank transfers.
• No Islamic (swap-free) account.
• Limited educational resources.
• No proprietary trading platform.

Trading Platforms

• MT4: User-friendly, advanced analysis tools, supports automated trading (EAs).
• MT5: Upgraded version with economic calendar, more timeframes, supports stocks & ETFs.
• Available on desktop, web, and mobile.

Account Types

• Standard: From 15 USD, 64 currency pairs, 5 metals, 12 indices, 5 cryptos.
• Pro: From 50 USD, 107 currency pairs, 14 metals, 14 indices, 104 cryptos, 158 stocks, 3 energies, 7 ETFs.

Both accounts support flexible leverage up to 1:2000.

Trading Fees

• Spreads: From 0.0 pips (Pro account).
• Commission: 7 USD/lot (Pro account), none for Standard.
• Non-trading fees:

+ No account opening, maintenance, or deposit fees.

+ 1% withdrawal fee (bank transfer & crypto).

+ Inactivity fee after 6 months.

Deposit & Withdrawal

• Deposit: Bank transfer, MasterCard, crypto.
• Withdrawal: Bank transfer (up to 5 business days), crypto (faster).

Note: Only USD accepted; no third-party deposits.

Customer Support

• Channels: Email, phone, live chat.
• Availability: 24/7, multilingual (English, Spanish, German, French, etc.).
• Detailed FAQ covering account management, funding/withdrawals, and trading.

Education

• Provides basic resources such as eBooks, guides, webinars.
• Lacks market news and in-depth analysis.

Conclusion

Dollars Markets is a forex broker offering competitive trading costs, MT4/MT5 platforms, and a wide range of assets, making it suitable for both beginners and experienced traders.

However, due to offshore regulation and limited payment options, investors should carefully evaluate before depositing large funds. It may be a good choice for those who want to start small with high leverage, but caution is needed to avoid potential risks.