DNA Markets Review 2024: Take the First Step Toward Safe Investments
Safe investments are important if you wish to succeed. That said, it’s important to find a reliable broker to trade with if you’re thinking about ensuring your path to success. Thanks to our DNA Markets review, you can experience the firm’s features, the benefits and drawbacks, and more.
The DNA Markets broker is a regulated and reputable entity established in 2013, making it a very experienced business in the market. But that isn’t the only feature this brokerage offers, so let’s delve in and learn them all. Before you go, make sure to check out Omexbanc.
About DNA Markets
Focus Markets Ltd operates under two trading names: Place a Trade and DNA Markets. The main name is regulated but the other branches don’t have an individual license. You can trade Forex, Shares, Commodities, Indices, and Cryptocurrencies across the MT4 and MT5 platforms.
The broker is located in Australia and St. Vincent and the Grenadines, however, the domain is registered in Hayes, United Kingdom, according to WHOIS. However, the identity of the owner is hidden using a paid service. Upon checking ScamAdviser, the broker has a high trust score, meaning the scam is less likely to happen.
|Focus Markets Pty Ltd; DNA Markets Pty Ltd;
|Financial Authorities Warnings
|If a withdrawal is possible
|If Active on Social Media:
|ASIC compensation fund;
|United States, India, France, United Kingdom, Netherlands;
|Regulated by ASIC;
DNA Markets Regulation
Focus Markets ABN 96 167 517 544, which is governed by the Australian Securities and Investment Commission (ASIC) under the AFSL number 514425, is the trade name of the broker. Under AFS Representative Number 001299562, DNA Markets Pty Ltd (ABN 60 659 020 096) is Focus Markets Pty Ltd’s Corporate Authorized Representative (ABN 96 167 517 544).
Besides owning a license, this broker offers security in segregated accounts and other security protocols. DNA Markets trading name is Focus Markets LLC, a company incorporated in Saint Vincent and the Grenadines.
DNA Markets Features
You can trade confidently on the MT5 platform with over 40 available currency pairs. Trade precious metals and other commodities, look at US and Australia’s largest stocks, invest in global indices to take advantage of macro market movement, or buy and sell Bitcoin, Ethereum, Ripple, and Litecoin.
The DNA Markets MetaTrader 4 and MetaTrader 5 platforms are available with competitive spreads and you can purchase or build an AI bot to automate the process of your trades. Additionally, enjoy the analysis of price trends in the short and long term with charts in 21-time frames, including 80 built-in analytical objects and indicators.
Select from a list of signal suppliers and decide on the investment size and replicate professional traders’ trading activity supported by robust copying technology and excellent customer support. With the help of an intuitive user interface of Signal Start the copy trader, keep an eye on your account activities.
DNA Markets Account Types
Here is a breakdown of the account types and what they include:
- Deposit $100
- Spreads from 1 pip
- $3 commission
- Conditions apply to forex only
- Minimum trade size 0.01
- Deposit $100
- Spreads from 0.1 pip
- No commission
- Conditions apply to all assets
- Minimum trade size 0.01
DNA Markets Reviews
Focus Markets itself has a bad score on Trustpilot. Traders have a very bad experience with withdrawals, it takes 7 days, they close operations without having a margin below 50%, it does not allow more operations to be opened, and there is insufficient balance.
But for our DNA Markets review, we had to check the Trustpilot profile of that specific branch, where they have 13 comments and an overall score of 4.1 stars. More than 10% of traders experienced some issues.
Apparently, nobody from DNA Markets cares much about you, when you need help. The support is slow and unresponsive and it can take days or even weeks for your issue to get resolved. Luckily, there are no withdrawal issues that are reported with this broker.
Payment Options and Process
Depositing your funds can be done through credit/debit cards, wire transfers, Bpay, Skrill, Neteller, Crypto, a QR code, a local bank transfer, Bitwallet, and AstroPay. Deposits are mostly instant, however, depending on the chosen payment method it can take up to 5 business days.
Withdrawals are made through the same payment options you chose when you deposited your funds. Processing time is instant, however, it might take a couple of days for the money to reflect in your account, especially if you used a wire transfer. Every withdrawal is subjected to a review from the finance team and that can take from 1-2 business days.
Weighing the Pros and Cons
Some Final Words
For those who are experienced with short-term trading on the MetaTrader platforms, DNA Markets is a great option. However, in terms of research, education, and mobile trading, DNA Markets lags behind the leading brokers. If you’re looking to elevate your skills and boost your profit chances, real trading begins with the help of AI-powered tools like AI.F.
The fundamentals of trading can be learned just by using the bot, meaning you can skip the years of education required to begin. Additionally, you become the decision-maker and the time of relying on shady agents is over.
AI.F can forecast future price movements, provide insightful recommendations, and all that while working fast and efficiently. Call us right now to test your luck with AI.F for 14 days for free and we promise after you experience the bot, you will be blind for anything else.
What is DNA Markets?
DNA Markets is a broker that provides financial services that allow you to trade a wide range of assets via the MetaTrader platforms.
Is DNA Markets Regulated?
Yes, DNA Markets operates under the regulation of ASIC (Australian Securities and Investment Commission) as a trading name of Focus Markets Pty Ltd.
Can I Trust DNA Markets With My Money?
DNA Markets being regulated by ASIC and offering various security measures like segregated accounts provides a certain level of trustworthiness, but individual experiences may vary, as indicated by mixed customer reviews. Make sure to start small and later see if the company will suit your interests.