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DF Markets Review

  • Regulated by: Financial Conduct Authority
  • Safety: segregates client funds
  • Trust Rating: B
Open DF Markets's Website

Losses can exceed deposits. Your capital is at risk.

DF Markets one way: Forex.

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, DF Markets offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 534027 ). DF Markets puts all client funds in a segregated bank account and uses tier-1 banks for this. DF Markets have been established since 2010, and have a head office in UK.

Before we dive into some of the more detailed aspects of DF Markets’s spreads, fees, platforms and trading features, you may want to open DF Markets‘s website in a new tab by clicking the button below in order to see the latest information directly from DF Markets.

Open a demo account Visit DF Markets

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
Your capital is at risk.

DF Markets screenshot

PROS

  • Segeregates client funds
  • Established in 2010
  • Regulated by Financial Conduct Authority
  • Min. deposit from $1

CONS

What are DF Markets's spreads & fees?

Like most brokers, DF Markets take a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum spreads listed on DF Markets’s website. The colour bars show how competitive DF Markets’s spreads are in comparison to other popular brokers featured on BrokerNotes.

Speads are dynamic and are for informational purposes only. Last updated: June 06, 2018.

As you can see, DF Markets's minimum spread for trading EUR/USD is 2.0 pips - which is relatively high compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with DF Markets vs. similar brokers.

See all Spreads Your capital is at risk.

How much does DF Markets charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with DF Markets at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $12.6. Here’s a rough breakdown of the fees and how this compares against Plus500 & AvaTrade.

DF Markets Plus500 AvaTrade
Spread from: $8.00 $6.00 $7.00
Typical overnight fee: $4.60 $9.40 $5.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $12.6 $15.4 $12
$2.80 more $0.6 less
Visit DF Markets Visit Plus500 Visit AvaTrade

Your capital is at risk. All fees/prices are for informational purposes and are subject to change. Last updated: 09/03/2018.

General Fees

  • DF Markets does charge inactivity fees
  • DF Markets doesn’t charge withdrawal fees*

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • The rollover fee for long positions on EUR/USD is -$4.60
  • The rollover fee for short positions on EUR/USD is $0.2300%

Commissions

  • DF Markets does charge commission on CFD shares

What can you trade with DF Markets?

FX / Currencies DF Markets Plus500 AvaTrade
# of forex pairs offered 77 61 59
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs DF Markets Plus500 AvaTrade
# of commodities offered 12 17 16
Metals Yes Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs DF Markets Plus500 AvaTrade
# of Stocks offered 756 1816 99
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See DF Markets's Instruments See Plus500's Instruments See AvaTrade's Instruments
Your capital is at risk.

What’s the DF Markets trading experience like?

1) Platforms and apps

DF Markets offer a user-friendly custom trading platform, available as both a downloadable program or as a broswer based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here

DF Markets Screenshot See DF Markets's Platforms

DF Markets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See DF Markets's platforms Your capital is at risk.

Trading Features:

  • Allows scalping
  • Allows hedging
  • Low min deposit

Accounts offered:

  • Mini account
  • Standard account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

DF Markets allow you to execute a minimum of trade of £1 per point. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

As a market maker DF Markets may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As a nice bonus, DF Markets are one of very few brokers that claim to have no requotes, so you don’t have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, DF Markets offer margin up to on currencies.

Finally, we’ve listed some of the popular funding methods that DF Markets offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer

3) Client support

DF Markets support a limited number including

DF Markets have a BrokerNotes double AA support rating because DF Markets offer live chat, phone, email support and less than three languages.

4) What you’ll need to open an account with DF Markets

As DF Markets is regulated by Financial Conduct Authority, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore DF Markets’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with DF Markets you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.dfmarkets.co.uk/ on March 21, 2018.