10Markets is a New Online Binary Options Broker
Check Out This 100% Full & Objective 10Markets Review
Can You Trust 10Markets or Is it a Scam Platform to Avoid?
How to Sign Up for a Shared Wallet – See More Below!
|Headquarters||Glovers Farm Glovers Lane Hastingwood, Harlow, Essex, CM17 9LA|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$250|
|Free Demo Account||Open Demo|
|Account Types||Bronze, Silver, Gold, Premium, Platinum|
|Deposit & Withdrawal Methods||VISA, Master Card, Web Money, Poli, Wire Transfer, Yandex, CashU, GiroPay, iDeal|
|Number of Assets||200+|
|Account Currency||USD, EUR, GBP|
10Markets is a fairly new broker, compared to the veterans of the industry. The brand is property of the Whitestone Securities Ltd. It offers both binary and Forex trading, although its focus is on binary options.
10Markets is owned by a regulated company which is a sign for legitimacy. Nonetheless, our investigative team decided to make a thorough research into the broker, so that we can properly advise you on it. The following review covers important points on how 10Markets works, discusses its legitimacy and the opportunities it can offer you.
How To Use?
You can start trading immediately after opening and funding your account with at least $250. This is the accepted minimum which will give you access to both the Forex and binary trading platforms.
The 10Markets utilizes one of the best known trading platform – MetaTrader4, which is famous for its user-friendliness and easy navigation. You get the opportunity to place trades on One Touch, Range, High/Low and Hyper options with different expiries. The available assets include stocks, commodities, Forex pairs and some of the most popular indices.
Once you place a trade, you can determine manually the invested amount and the expiry of the option. The expiration time may vary between 30 seconds for the Hyper options to couple of months for the High/Low contracts.
A great advantage of the 10Markets trading platform is that it allows you to copy the successful investments of other traders through the Social Trading special feature.
No Download Required
The trading platform of 10Markets is entirely web-based. This eliminates the necessity to download and install heavy software on your devices.
Alternatively, if you wish to trade while away from your desktop device, you can download a mobile application, available for both iOS and Android phones.
How to Get Started?
You can begin trading after funding your trading balance with an accepted minimum of $250:
- Sign Up for a Shared Wallet – when you open a fresh account with 10 Markets, you acquire access to both the Binary and the Forex platforms. You can trade on both of them with the same trading balance.
- Fund Your Account – the amount will vary between the account types offered by 10Markets. You can start with a minimum initial investment of $250 for the basic account.
- Trade – you can do this manually or copy the profitable trades made by other investors.
The offered returns on your trades with 10Markets will vary depending on the binary options type you invest with and its expiry.
Longer expiries offer lower returns due to the diminishing of the risk associated with the trade. Shorter expiries can grant you returns up to 81%.
There are no charges of fees required for you to join the 10Markets brokerage. The only condition to start trading is to fund your trading balance with a minimum of $250. But this deposit is not a payment, it is initial capital which enables you to start trading.
Is 10Markets a Scam?
Our investigation shows that the 10Markets brokerage platform is a genuine and legitimate tool for online investments. It is a brand of a regulated company.
We also found hard evidence from investors who have already traded on the 10Markets platform. They supplied us with a lot of positive feedback and information on the inner workings of the broker. For these reasons, we are ready to recommend 10Markets as a safe choice for a brokerage.
Review Verdict: 10Markets is NOT a Scam
10 Markets – Account Types & Bonuses
When joining the 10Markets platform, you can choose between five account types. The higher the account type tier, the more the special features and benefits:
- Bronze Account – the minimum accepted investment is $250
- Silver Account – you can get this account if you initially invest $2,500
- Gold Account – the minimum accepted amount for it is $5,000
- Premium Account – the minimum investment should be $10,000
- Platinum Account – you need minimum capital of $25,000.
Additionally, when you sign up with 10Markets and fund your account, you get access to a demo server upon logging in. This gives you chance to trade with funds that aren’t real and the results of your investments won’t reflect on your balance. Once you are confident enough to invest with real funds, you can just log onto the Live trading server and beginning accumulating real profits.
10Markets also offers $100 as a welcoming bonus to its clients upon signing up. Read their bonus policy to decide if you want to accept or decline that bonus.
10Markets & Payment Methods
You can choose between a number of different payment methods for the purpose of transferring funds between your trading and personal accounts. The only condition is that withdrawals will be carried out via the same way and in the same currency you chose when making an initial deposit.
The support provided by the 10Markets team is impressive. They offer constant service via phone and e-mail, it is available in multiple languages and in multiple countries. The numbers for direct contact are provided on the website of 10Markets.
This is one of the few brokers we have investigated that has so clearly stated the means you can use to contact them for further information. This goes to show that the owners of 10Markets want to be close to their customers and have made themselves available for direct contact.
I discovered the 10Markets brokerage by accident. A robot I was using connected me to them. Once I got tired of using the software, I decided to try out the broker. It is a great experience trading with it. I had some leftover funds in my balance after my last withdrawals and decided to do some copy trading with it. This helped me accumulate significant profits in almost no time.
Then I started trading on my own. Right now, I am doing both and am still investing successfully with the 10Markets brokerage. So if you need a broker for your investments, you can totally trust this one.
– Emma Harris, 46
In result of our investigation, we can conclude that 10Markets is a safe choice for making investments in binary options.
It has a user-friendly interface and offers impressive opportunities for its clients. The Social Trading feature has attracted a lot of people who are very satisfied with all the capabilities of 10Markets. It also has one of the most reliable customer support services in the industry.
To start trading with this genuine broker, all you have to do is open an account and fund it with the minimum of $250.