low
DNA Markets group includes 2 related companies.
DNA Markets AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
DNA Markets SVG - legally registered entity located in Saint Vincent and the Grenadines, but not regulated by any government agency.
Unfortunately, AU company has been imposed with trading leverage limitations by ASIC since the end of March 2021.
At the same time, SVG company is free from such restrictions.
DNA Markets group accepts clients from all over the world, excluding USA, UK, EU, Iran, Myanmar, North Korea and most countries from the FATF grey list.
Forex broker offers the following underlying assets for trading.
| 50+ Currency Pairs | Based on major and minor world currencies. |
| 100+ Crypto Pairs | Based on various top-rated coins and tokens. |
| 15 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 10 Metal CFDs | Based on Gold, Silver, Platinum, Palladium, Copper. |
| 2 Energy CFDs | Based on Crude Oil (WTI, Brent). |
| 500+ Stock CFDs | Based on shares of AU, US, UK and German companies. |
Established all the way back in 2013, DNA Markets is a forex & CFD broker that by now has a long track record in the industry. The broker is registered and fully regulated in Australia, and has an offshore branch registered in Saint Vincent and the Grenadines for non-Australian traders to use.
Like all forex brokers that are regulated in Australia, DNA Markets must follow the strict rules imposed by ASIC for Australian clients. This includes rules for trading leverage, which shall be limited to 1:30, protections against negative balances, and consumer protection rules regarding things like the separation of customer funds from the broker's own funds.
Notably, however, the offshore branch of DNA Markets is not subject to any such rules given that Saint Vincent and the Grenadines does not regulate forex brokers. This means that clients can get trading leverage as high as 1:500, but it also means that protections in the case something unforeseen happens will be much weaker.
The instruments that can be traded with DNA Markets cover almost everything a typical CFD trader would need, perhaps with the exception of government bonds. The specific selection of trading instruments depends on the trading platform chosen.
All of the instruments DNA Markets offers can be traded on either the classic MetaTrader 4 (MT4) or its successor MetaTrader 5 (MT5), which are the only two trading platforms DNA Markets supports. As always, the MetaTrader platforms can be used either as a downloadable platform for Windows or Mac computers, as a web platform for all types of computers, or as a mobile app for Apple and Android devices.
For MT5 users, the available instruments include stocks from more than 580 companies listed in the US, UK, EU, and the broker's home country Australia, around 120 crypto pairs, more than 50 forex pairs, several popular commodities, and a selection of major equity indices.
MT4 users, meanwhile, get access to a smaller selection of instruments, with no single stocks, but still around 45 forex pairs, 75 crypto pairs, 15 equity indices, and a few commodity CFDs.
Besides the standard MetaTrader platforms, DNA Markets also has a copy trading solution called DNA Markets Signal Start. This solution allows new traders to receive signals and potentially copy the trades of more experienced traders for a monthly fee that ranges from just a few dollars to hundreds of dollars.
As part of this system, the broker offers an intuitive overview of the different signal providers and their performance over time, making it easy to make an informed choice about who to copy.
During the sign-up process with DNA Markets, new clients will be given the choice between two types of trading accounts: The Raw account or the Standard account. Among these, the Raw account will be the best choice for large traders and those who trade professionally given the commission-based low spread model. Meanwhile, the Standard account is ideal for new traders with smaller accounts, who instead prefer to trade without commission but with a wider spreads.
The minimum deposit amount for both account types is $100.
To reach out to the broker's customer support team, traders can write a message, use the live chat function on the website, or make a call to the UK-registered phone number provided. The broker claims that multilingual support is available, but unfortunately there is no information about which languages are supported. There is also no information about the support team's working hours.
All in all, we see DNA Markets as a decent broker that could be particularly interesting for Australian traders given that it is regulated locally there. We also like the broker's simple model with only two account types, and appreciate the good selection of trading instruments offered.
