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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 are traded on the well-regarded cTrader platform, which is available as a downloadable desktop platform for Mac and Windows, on web, and as a mobile app. Among other things, cTrader is known for its powerful charting tools, reliable trade execution, and for the ability to place more advanced order types. In the past, DNA Markets supported the classic MetaTrader 4 and 5 platforms, but it has now moved away from that.
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, with a 0.01 lot minimum trade size. Automated trading (also known as Expert Advisors or EAs) is supported across both account types.
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. In terms of availability, the broker promises on its website that support agents can be reached 24 hours a day, Monday to Friday.
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.
