Price Markets is a forex broker located in the UK, regulated by the Financial Conduct Authority (FCA).
Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Price Markets accepts clients from all over the world, excluding USA and some countries from the OFAC list.
Forex broker offers the following underlying assets for trading.
40+ Currency Pairs | Based on major and minor world currencies. |
11 Indice CFDs | Based on baskets of different blue-chip stocks. |
3 Metal CFDs | Based on Gold, Silver and Copper. |
3 Energy Futures | Based on Crude Oil (WTI, Brent) and Natural Gas. |
1 Bond CFD | Based on US and German government securities. |
Price Markets is a UK-registered forex & CFD broker that has been active in the market since 2013. The broker is fully regulated by the UK’s Financial Conduct Authority (FCA), and can thus be considered a reliable broker to deposit money with.
In addition to its retail-focused brokerage business, Price Markets also serves other brokers, money managers, and financial institutions with its technology and white label solutions.
Being registered and regulated in the UK, Price Markets is subject to all regulations coming out of the European Securities and Markets Authority (ESMA). This includes the agency’s new and strict rules on trading leverage, which limits leverage to a maximum of 1:30 for major FX pairs, 1:20 for minor FX pairs and gold, 1:10 for commodities, and 1:5 for single stocks.
The number of trading instruments that are available from Price Markets is not very impressive, although it is probably enough to satisfy most traders. First of all, it includes a selection of around 40 currency pairs, a handful of major global stock indices, as well as CFDs on a few commodities, and German government bonds. Unfortunately, the broker does not offer trading in any single stocks, nor any cryptocurrencies.
Unlike many other forex brokers, Price Markets does not offer the choice between different trading accounts after a user has signed up. Instead, all clients get access to trade the full range of instruments through the regular live trading account denominated in their chosen currency (USD, GBP, EUR, CHF, or JPY).
Note that the trading account requires a rather high minimum deposit of USD 500 or the equivalent in another currency to start trading.
The spreads between buy and sell prices of the instruments offered by Price Markets are generally quite small. As a broker using the ECN (electronic communications network) model, however, Price Markets instead charges commissions on each transaction that is made. All details about the commissions and fees charged by the broker can be found under the “Markets” section on its website.
Interestingly, Price Markets actually offers the choice between far more trading platforms than most of its competitors do. Among these platforms are the well-known MetaTrader 4 (MT4), the less known Liquid-X FX aggregator, Currenex, Integral, and Hotspot FX. Although the MT4 is by far the most common and popular among these trading platforms, having all these choices means that there is something for everyone, regardless of trading style and experience level.
Both existing clients and others are welcome to contact Price Markets via either email, phone, or the online live chat that is available on its website. Additionally, the broker has made itself available on most popular social media platforms, which definitely is a plus for reasons of transparency and customer satisfaction.
All in all, we believe Price Markets is a broker that has a lot to offer to both individual traders as well as start-up brokerages and others looking for industry-leading white label solutions and market data. The broker is FCA-regulated and charges very competitive spreads through its ECN model, making it a suitable choice for both beginners and experienced traders alike. We therefore have no hesitations in recommending Price Markets as a good forex broker to trade with.