DuraMarkets Review
DuraMarkets Ltd, established in 2024 and incorporated in Fomboni, Comoros Union (Reg. No. HT00224018), operates under the Mwali International Services Authority (License No. BFX2024032). Despite being relatively new on the scence, DuraMarkets has quickly gained traction among traders by offering competitive trading conditions and strong client support.
Through its MetaTrader 4 platform, DuraMarkets provides 24/5 access to a fairly broad range of trading assets (80+) across Forex, Indices, Commodities, and Cryptocurrencies. While the MT4 platform does cater to a broad range of traders, the addition of MetaTrader 5 would enhance the trading experience by offering more advanced features and tools and it would be good to see them offer it. The broker also offers free VPS services ($5000 deposit requirement) for traders using automated strategies and supports various trading styles, including scalping and hedging.
One of DuraMarkets standout features is its acceptance of U.S. clients, making it one of the few offshore brokers who still do so and allow U.S. traders access to high leverage that they typically do not have access to due to domestic restrictions.
DuraMarkets offers a range of account types to suit different trading preferences:
• Standard Account: $10 minimum deposit, spreads from 0.0 pips, $5 round-turn commission.
• Zero Account: $10 minimum deposit, no commission, spreads from 0.4 pips.
• VIP Account: $500 minimum deposit, spreads from 0.0 pips, $2 round-turn commission, with priority support and dedicated account managers.
• Swap-Free Account: $100 minimum deposit, spreads from 0.6 pips, $2 round-turn commission.
For investors wanting a more hands-off approach, DuraMarkets offers PAMM (Percent Allocation Management Module) accounts. This service connects investors with skilled traders who manage pooled funds across multiple accounts through its MT4 platform. Each investors returns are proportional to their contribution which ensures fair and transparent profit sharing.
Client funds are held in segregated accounts, which ensures they remain separate from the company’s operational funds and they state that they partner with reputable financial institutions and offers raw spreads with no re-quotes or price manipulation.
Deposits and withdrawals are limited to five cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), and USD Coin (USDC). While this supports quick and borderless transactions, more deposit/withdrawal options would definitely be a plus and would improve accessibility for a wider range of clients. By exclusively accepting cryptocurrencies, DuraMarkets does however avoid CFTC scrutiny, providing more flexible trading conditions for U.S. clients.
Overall, DuraMarkets appears to offer a secure and flexible trading environment with high leverage for U.S. clients and competitive trading conditions for all traders. Areas for improvement include the addition of MetaTrader 5 and a broader range of deposit and withdrawal options.
Typical Spread on Majors - Live
| EUR/USD | 0.4 |
| GBP/USD | 0.3 |
| USD/JPY | 0.4 |
- Company Info
- Swap Comparison
- Volume Comparison
| Headquarters | Fomboni, Comoros |
| Type of Broker | ECN/STP & STP |
| Founded | 2024 |
| Regulated By | Regulated By Not Regulated |
| Offices In | Comoros |
| Supported Languages | English |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
| Currencies Swap | |||
|---|---|---|---|
| Short | Long |
Type
| |
| AUDCAD | -1.37 | -2.52 | 0 |
| AUDCHF | -7.25 | 3.73 | 0 |
| AUDJPY | -16.49 | 6.53 | 0 |
| AUDNZD | 0.05 | -5.57 | 0 |
| AUDUSD | 0.45 | -3.26 | 0 |
| CADCHF | -8.19 | 4.36 | 0 |
| CADJPY | -18.38 | 6.55 | 0 |
| CHFJPY | -10.40 | 2.18 | 0 |
| EURAUD | 0.18 | -6.83 | 0 |
| EURCAD | 0.82 | -7.04 | 0 |
| EURCHF | -9.14 | 4.45 | 0 |
| EURCZK | -2.63 | -8.72 | 0 |
| EURDKK | -23.52 | -8.61 | 0 |
| EURGBP | 1.82 | -5.36 | 0 |
| EURHUF | 23.18 | -43.47 | 0 |
| EURJPY | -26.28 | 8.45 | 0 |
| EURNOK | -2.00 | -50.72 | 0 |
| EURNZD | 4.55 | -12.18 | 0 |
| EURPLN | 13.55 | -32.24 | 0 |
| EURSEK | -25.20 | -19.01 | 0 |
| EURTRY | 1660.45 | -4681.32 | 0 |
| EURUSD | 2.73 | -7.35 | 0 |
| GBPAUD | -8.19 | 0.02 | 0 |
| GBPCAD | -6.62 | -0.74 | 0 |
| GBPCHF | -15.86 | 9.45 | 0 |
| GBPJPY | -35.49 | 10.60 | 0 |
| GBPNOK | -59.33 | -1.68 | 0 |
| GBPNZD | -3.05 | -5.57 | 0 |
| GBPSEK | -89.36 | 30.36 | 0 |
| GBPUSD | -1.79 | -3.15 | 0 |
| NZDCAD | -3.68 | -0.05 | 0 |
| NZDCHF | -7.98 | 4.82 | 0 |
| NZDJPY | -17.64 | 6.89 | 0 |
| NZDUSD | -1.37 | -1.05 | 0 |
| USDCAD | -5.88 | 0.09 | 0 |
| USDCHF | -12.71 | 7.91 | 0 |
| USDCZK | -13.65 | -15.86 | 0 |
| USDDKK | -55.02 | 21.73 | 0 |
| USDHKD | -36.44 | 0.36 | 0 |
| USDHUF | 6.36 | -22.58 | 0 |
| USDJPY | -30.75 | 9.25 | 0 |
| USDNOK | -51.03 | 3.55 | 0 |
| USDPLN | -4.52 | -10.82 | 0 |
| USDRUB | -179.87 | -286.54 | 0 |
| USDSEK | -74.03 | 28.73 | 0 |
| USDSGD | -10.40 | 3.82 | 0 |
| USDTRY | 1695.09 | -3816.12 | 0 |
| XAUUSD | 23.00 | -46.00 | 0 |
| XAGUSD | 3.00 | -6.50 | 0 |
| BTCUSD | -18.40 | -19.20 | 1 |
| BCHUSD | -2.00 | -2.00 | 2 |
| ETHUSD | -0.68 | -0.94 | 1 |
| LTCUSD | -0.84 | -0.91 | 1 |
| Swap Chart for EURUSD for different FX Brokers |
|---|
|
Long Swaps
Short Swaps
|
| Change Currency | ||||
|---|---|---|---|---|
| Volume | ||||
| AUDCAD | 33 | |||
| AUDCHF | 21 | |||
| AUDJPY | 70 | |||
| AUDNZD | 43 | |||
| AUDUSD | 49 | |||
| CADCHF | 19 | |||
| CADJPY | 40 | |||
| CHFJPY | 30 | |||
| EURAUD | 17 | |||
| EURCAD | 31 | |||
| EURCHF | 35 | |||
| EURCZK | 6 | |||
| EURDKK | 6 | |||
| EURGBP | 3 | |||
| EURHUF | 46 | |||
| EURJPY | 58 | |||
| EURNOK | 16 | |||
| EURNZD | 11 | |||
| EURPLN | 1 | |||
| EURSEK | 32 | |||
| EURTRY | 7 | |||
| EURUSD | 19 | |||
| GBPAUD | 14 | |||
| GBPCAD | 27 | |||
| GBPCHF | 21 | |||
| GBPJPY | 56 | |||
| GBPNOK | 3 | |||
| GBPNZD | 18 | |||
| GBPSEK | 16 | |||
| GBPUSD | 31 | |||
| NZDCAD | 9 | |||
| NZDCHF | 13 | |||
| NZDJPY | 29 | |||
| NZDUSD | 15 | |||
| USDCAD | 15 | |||
| USDCHF | 3 | |||
| USDCZK | 12 | |||
| USDDKK | 16 | |||
| USDHKD | 7 | |||
| USDHUF | 7 | |||
| USDJPY | 29 | |||
| USDNOK | 1 | |||
| USDPLN | 3 | |||
| USDRUB | 0 | |||
| USDSEK | 14 | |||
| USDSGD | 5 | |||
| USDTRY | 2 | |||
| XAUUSD | 23 | |||
| XAGUSD | 12 | |||
| BTCUSD | 324 | |||
| BCHUSD | 0 | |||
| ETHUSD | 151 | |||
| LTCUSD | 148 | |||
| Volume Chart |
|---|
- Account Details
| Account Currencies | USD, EUR |
| Minimum Deposit | $10 |
| Traders from USA Allowed | Yes |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Anyone |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $2.50 / Lot per side (Standard Account), $1 / Lot per side (VIP Account), $1 / Lot per side (Swap Free Account) |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $500 Minimum Deposit |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | No |
| Mobile Trading | Yes |
| Web Based Trading | No |
| Funding Methods | Bitcoin, Tether, Ether, Litecoin, USDC |
| Withdrawal Methods | Bitcoin, Tether, Ether, Litecoin, USDC |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android |
| NO of Pairs | 80 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | No |
| Trading Server Time | GMT + 3 |
| Demo Account Expiry | 30 Days |
| VPS Offered | Yes |
| Free VPS Conditions | Free for deposits of $5000 otherwise costs $25 per month. |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 1000:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Excecution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Indices | Yes |
- Currencies Swap
| Short | Long | Type  |
|
| AUDCAD | -1.37 | -2.52 | 0 |
| AUDCHF | -7.25 | 3.73 | 0 |
| AUDJPY | -16.49 | 6.53 | 0 |
| AUDNZD | 0.05 | -5.57 | 0 |
| AUDUSD | 0.45 | -3.26 | 0 |
| CADCHF | -8.19 | 4.36 | 0 |
| CADJPY | -18.38 | 6.55 | 0 |
| CHFJPY | -10.40 | 2.18 | 0 |
| EURAUD | 0.18 | -6.83 | 0 |
| EURCAD | 0.82 | -7.04 | 0 |
| EURCHF | -9.14 | 4.45 | 0 |
| EURCZK | -2.63 | -8.72 | 0 |
| EURDKK | -23.52 | -8.61 | 0 |
| EURGBP | 1.82 | -5.36 | 0 |
| EURHUF | 23.18 | -43.47 | 0 |
| EURJPY | -26.28 | 8.45 | 0 |
| EURNOK | -2.00 | -50.72 | 0 |
| EURNZD | 4.55 | -12.18 | 0 |
| EURPLN | 13.55 | -32.24 | 0 |
| EURSEK | -25.20 | -19.01 | 0 |
| EURTRY | 1660.45 | -4681.32 | 0 |
| EURUSD | 2.73 | -7.35 | 0 |
| GBPAUD | -8.19 | 0.02 | 0 |
| GBPCAD | -6.62 | -0.74 | 0 |
| GBPCHF | -15.86 | 9.45 | 0 |
| GBPJPY | -35.49 | 10.60 | 0 |
| GBPNOK | -59.33 | -1.68 | 0 |
| GBPNZD | -3.05 | -5.57 | 0 |
| GBPSEK | -89.36 | 30.36 | 0 |
| GBPUSD | -1.79 | -3.15 | 0 |
| NZDCAD | -3.68 | -0.05 | 0 |
| NZDCHF | -7.98 | 4.82 | 0 |
| NZDJPY | -17.64 | 6.89 | 0 |
| NZDUSD | -1.37 | -1.05 | 0 |
| USDCAD | -5.88 | 0.09 | 0 |
| USDCHF | -12.71 | 7.91 | 0 |
| USDCZK | -13.65 | -15.86 | 0 |
| USDDKK | -55.02 | 21.73 | 0 |
| USDHKD | -36.44 | 0.36 | 0 |
| USDHUF | 6.36 | -22.58 | 0 |
| USDJPY | -30.75 | 9.25 | 0 |
| USDNOK | -51.03 | 3.55 | 0 |
| USDPLN | -4.52 | -10.82 | 0 |
| USDRUB | -179.87 | -286.54 | 0 |
| USDSEK | -74.03 | 28.73 | 0 |
| USDSGD | -10.40 | 3.82 | 0 |
| USDTRY | 1695.09 | -3816.12 | 0 |
| XAUUSD | 23.00 | -46.00 | 0 |
| XAGUSD | 3.00 | -6.50 | 0 |
| BTCUSD | -18.40 | -19.20 | 1 |
| BCHUSD | -2.00 | -2.00 | 2 |
| ETHUSD | -0.68 | -0.94 | 1 |
| LTCUSD | -0.84 | -0.91 | 1 |
| Compare Swap rates from other Brokers | |||
FAQ
Is DuraMarkets an ECN broker?
DuraMarkets is an ECN/STP broker, who uses an automated No Dealing Desk model.
Where is DuraMarkets located?
DuraMarkets registered addresss location is in Fomboni,Comoros. DuraMarkets also has a physical office located in Dubai, UAE.
Does DuraMarkets accept U.S. clients?
Yes! DuraMarkets does accept U.S. residents as clients. They are among only a few offshore brokers that still service U.S. clients.
What is the minimum deposit requirement at DuraMarkets?
DuraMarkets requires a minimum deposit of $10, this is for its Standard Account and Zero Account. The minimum deposit increases up to $500 for the VIP Account.
What funding methods does DuraMarkets allow?
DuraMarkets allows deposits and withdrawals in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), and USD Coin (USDC).
What is the maximum leverage offered by DuraMarkets?
DuraMarkets offers a maximum 1000:1 leverage.
Does DuraMarkets allow scalping?
Yes. DuraMarkets allow traders employ any type of trading method or trading strategy. Including scalping, hedging, and automated trading.
What trading platforms does DuraMarkets offer?
DuraMarkets offers its clients the MetaTrader 4 (MT4) platform and it is accessible as a downloadable desktop program or through a mobile app.
Does DuraMarkets offer PAMM?
Yes, DuraMarkets do offer PAMM (Percent Allocation Management Module) accounts.
Does DuraMarkets have Negative Balance Protection?
Yes, DuraMarkets does have Negative Balance Protection for all its accounts. As an additionaly safety measure, clients funds are also held in segregated accounts.
Does DuraMarkets have Swap Free Accounts?
Yes, DuraMarkets does have swap free accounts (also called Islamic accounts) which are available to any trader.
Is VPS available at DuraMarkets?
Yes, DuraMarkets offers VPS to its clients. VPS package is free with a minimum deposit of $5000, otherwise costs $25 per month.
DuraMarkets Reviews
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