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Dollars Markets (DollarsMarkets) includes 2 related companies.
Dollars Markets SVG - legally registered entity located in Saint Vincent and the Grenadines, but not regulated by any government agency.
Dollars Markets MU - located in Mauritius, regulated by the Financial Services Commission (FSC).
Dollars Markets group accepts clients from all over the world, excluding USA, Malaysia, Indonesia, Afghanistan, Bosnia-Herzegovina, Guyana, Iran, Iraq, Myanmar, Papua New Guinea, Syria, Uganda, Vanuatu, Yemen, North Korea and most other OFAC sanctioned countries.
Forex broker offers the following underlying assets for trading.
| 110+ Currency Pairs | Based on major and minor world currencies. |
| 30+ Crypto Pairs | Based on various top-rated coins and tokens. |
| 14 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 5 Metal CFDs | Based on Gold, Silver, Platinum, Palladium, Copper. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 150+ Stock CFDs | Based on shares of US, UK and EU companies. |
Dollars Markets is a global forex and CFD broker operating under two related corporate entities: one unregulated entity registered in Saint Vincent and the Grenadines, and another registered in Mauritius and regulated by the country's Financial Services Commission (FSC). The broker is thus based entirely offshore, which means it's able to offer extremely high trading leverage and a simplified sign-up and verification procedure.
The broker is open to traders from most parts of the world, although clients from countries such as the USA, Malaysia, Indonesia, Iran, Iraq, Syria, and others under OFAC sanctions are not accepted.
Dollars Markets stands out with a number of distinctive features. It hosts its own trading-focused blog, offering educational content on trading strategies, personal finance, and portfolio management, to name just a few things.
The broker also stands out for being crypto-friendly, given that it accepts crypto-based funding through B2BinPay, a major crypto payment provider. As always, we believe this adds convenience for users who hold crypto as well as for those who for various reasons can't or don't want to use traditional banking services. Other funding methods the broker accepts include credit and debit cards and bank wire transfers.
When it comes to trading instruments, Dollars Markets offers an impressive range. There are over 110 forex pairs available for forex traders, covering all major and minor pairs. Additionally, the broker supports more than 30 cryptocurrency pairs, which is a strong offering for a traditional forex broker. Clients can also trade 14 different stock index CFDs, including popular indices from the US, Europe, and Asia. Metal CFDs include contracts based on gold, silver, platinum, palladium, and copper. Energy traders have access to CFDs on Brent and WTI crude oil, as well as natural gas. Lastly, the broker has also made available more than 150 stock CFDs based on companies listed in the US, UK, and European markets.
Dollars Markets provides access to trading via the widely used MetaTrader 4 and MetaTrader 5 platforms. These platforms are available on desktop, web, and mobile, and they come equipped with advanced charting tools, technical indicators, and support for automated trading through so-called Expert Advisors (EAs). The broker promotes fast order execution and generally competitive spreads between buy and sell prices.
Account types at Dollars Markets cater to various levels of trader experience and capital commitment, with minimum deposit requirements ranging from $10 to $50. The Standard and Pro account type offers commission-free trading with slightly higher spreads, while the Ultra account offers the lowest spreads and instead charges a 4% commission on FX and metals trading. Account registration is simple and can be completed online, with verification usually processed in a short time.
Overall, we see Dollars Markets as a flexible and globally oriented broker with a strong product offering, good crypto support, and an educational focus. While traders should be aware of the risks of trading with an unregulated broker (the SVG branch is unregulated), trading offshore also comes with benefits such as access to much higher leverage. In the case of this broker, the leverage can go all the way up to 1:3,000, which is some of the highest in the industry. It's also worth noting that this broker has been operating since 2020, which means that it by now has a certain track record as a reliable industry player.
