What is DF Markets?
DF Markets is an English CFD and Forex broker authorized by the FCA with number 534027. This broker is also under the umbrella of the FSCS, the English Financial Services Compensation Fund up to GBP 50,000.
DF Markets open account and minimum deposit
The opening of an account with DF Markets is really easy because it will be enough to enter our personal data in your registration form and wait for them to send us a confirmation email, which is usually a matter of seconds.
Once we confirm this email, we can send copies of our identity document and any document that proves our residence, such as an electricity bill or bank statement. Once accepted, we can deposit money and start trading.
The minimum deposit is GBP 10, EUR or USD and can be made by credit or debit card.
Trading platforms are DFTrader, DF WebTrader and DF Mobile.
Click here and open an account from 5 USD with one of the best brokers on the market
DF Markets commissions and markets
The leverage offered for DF Markets CFDs, spread betting and Forex is as follows:
|Main Forex pairs||30: 1 or 3.33% margin|
|Main indices, gold and minor Forex pairs||20: 1 or 5% margin|
|Lower indices, commodities and exotic Forex pairs||10: 1 or 10% margin|
|Actions||5: 1 or 20% margin|
|Cryptocurrencies||2: 1 or 50% margin|
DF Markets offers access to a wide number of CFD markets, including more than 1,000 of the world’s top stocks, as well as forex, metals, ETFs, energy, commodities, and bonds.
Let’s see the conditions of its main products:
|Actions||Market||0.10% minimum € 2 Europe; € 1 United States|
DF Markets Reviews
This broker enjoys good conditions for CFD trading in general, but we especially like it for stocks, where it offers a minimum commission of € 2 or 1 in the American ones, which is something we consider to be good.
Likewise, it is worth highlighting the conditions in the indices, with better spreads than the competition for both the American and European indices, such as the DAX or the IBEX. For example, in the SP500, the spread is 0.40 or the Nasdaq spread is 0.80, one of the best we can find in the CFD broker market.
I don’t know why, but this broker has changed a lot in recent years.
Before, it used to provide customer service , even on its website, but lately they have removed it. The reasons for that decision are unknown.
The last time I checked the page I found that it has customer service in English and Dutch, so I suppose it is also aimed at customers in that country.
A pity because it is a broker with quite good conditions, for example in stock CFDs since there we can trade individual stocks which makes trading much easier, although always considering that you have to pay a minimum commission of 1 or 2 euros. This could make you one of the best beginner brokers in the UK.
From what I see the broker has decided to provide a centralized service in the British market and focused on the spread betting market.
I do not know if this will be enough for you to survive in the long term in the harsh conditions that exist today after the ESMA regulations that greatly affect European brokers, as they will hardly be able to attract foreign clients without a novel or powerful offer. .
For more information, visit the website .