When selecting a reliable trading platform, AssexMarket has emerged as a solid option for traders looking for competitive spreads, flexible leverage, and a wide range of trading instruments. Whether you're new to trading or an experienced professional, AssexMarket offers several account types tailored to different needs and trading styles. In this review, we break down all the essential features, account types, and what you need to know about the platform.
AssexMarket Overview
AssexMarket is a multi-asset brokerage that provides traders with access to a variety of financial instruments. This includes forex, metals, cryptocurrencies, energies, and indices, catering to a broad range of trading preferences. With the option to choose different account types, traders can select the one that best aligns with their trading goals and capital.
The platform offers leveraged trading with various spread structures, allowing for an adaptable trading experience. Traders can utilize the proprietary platform available on both desktop and mobile versions for convenient access to their trading accounts on the go.
Minimum Deposit and Account Types
AssexMarket provides several account options to suit different trading strategies, each with its own unique features. Below, we discuss the three main account types available: Standard, Pro, and Raw Spread accounts.
1. Standard Account
Designed to suit all types of traders and trading styles, the Standard Account is ideal for beginners as well as seasoned professionals who prefer a flexible trading approach.
- 1,. Minimum Deposit: $1
- 2. Leverage: Up to 1:500
- 3. Spread: From 0.2 pips
- 4. Minimum Trade Size: 0.01 lots
- 5. Instruments Available: Forex, metals, cryptocurrencies, energies, indices
- Key Features:
- 1. Suitable for all trading styles
- 2. Wide range of tradable assets
- 3. High leverage options for greater market exposure
- 4. No commissions
2. Pro Account
The Pro Account is designed for traders who require ultra-low spreads and instant execution. This account type is beneficial for traders who focus on fast-paced trading strategies and need tight spreads for high-frequency trades.
- Minimum Deposit: $500
- Leverage: Up to 1:100
- Spread: From 0.1 pips
- Minimum Trade Size: 0.01 lots
- Instruments Available: Forex, metals, cryptocurrencies, energies, indices
Key Features:
- 1. Zero commission on trades
- 2. Ultra-low spreads for more precise entry and exit points
- 3. Faster execution speeds
- 4. Designed for traders with higher volume or scalping strategies
3. Raw Spread Account
For those who prioritize the lowest possible spreads, the Raw Spread Account offers exactly that. With this account type, traders can benefit from fixed commissions per lot, which allows for a more predictable trading cost.
- 1. Minimum Deposit: $500
- 2. Leverage: Up to 1:100
- 3. Spread: From 3 pips
- 4. Commission: Up to $3.50 per side per lot
- 5. Minimum Trade Size: 0.01 lots
- 6. Instruments Available: Forex, metals, cryptocurrencies, energies, indices
Key Features:
- 1. Fixed commission structure for transparent trading costs
- 2. Tight spreads suitable for larger trades
- 3. Ideal for traders who rely on spread-based strategies
4. Suitable for those with higher capital to commit
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Leverage and Spreads
Leverage is one of the most important tools that traders use to enhance their position size in the market, and AssexMarket offers flexible leverage options across its accounts.
- 1. Standard Account: Up to 1:500 leverage allows traders to control larger positions with a smaller capital outlay, making it ideal for high-risk traders.
- 2. Pro Account: Up to 1:100 leverage, catering to traders who prefer lower risk levels.
- 3. Raw Spread Account: Up to 1:100 leverage, giving traders access to a more balanced risk-to-reward ratio.
Spreads vary depending on the account type:
- 1. Standard Account: From 0.2 pips
- 2. Pro Account: From 0.1 pips for ultra-low spreads
- 3. Raw Spread Account: From 3 pips with an additional commission per side
Trading Instruments Offered
AssexMarket offers an extensive selection of financial instruments, enabling traders to diversify their portfolios and execute various strategies. The broker provides access to:
- 1. Forex Pairs: Major, minor, and exotic currency pairs.
- 2. Metals: Gold, silver, and other precious metals.
- 3. Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and more.
- 4. Energies: Oil, natural gas, and other energy-related commodities.]
- 5. Indices: Major global stock indices such as the S&P 500, NASDAQ, and more.
Deposit and Withdrawal Methods
AssexMarket supports a range of payment methods to fund your account and withdraw profits. The available methods typically include:
- 1. Bank Transfers
- 2. Credit/Debit Cards
- 3. E-Wallets
Deposit processing is typically instant, whereas withdrawals may take 3–5 business days to process, depending on the method selected.
Security and Regulation
AssexMarket offers SSL encryption for secure trading sessions and client protection. However, it’s important to note that the broker is not regulated by top-tier authorities such as the FCA or ASIC, which may raise concerns for traders looking for a highly regulated broker.
Pros and Cons of AssexMarket
Pros
- 1. Wide leverage options: From 1:500 on the Standard account.
- 2. Low minimum deposit: Starting at just $1 for the Standard account.
- 3. Tight spreads: Starting from 0.1 pips on the Pro account
- 4. No commissions: On Pro account trades.
- 5. Multiple account types: Catering to all trader levels.
Cons
- 1. Lack of regulation: Not regulated by tier-1 authorities like the FCA or ASIC.
- 2. Limited leverage on Pro and Raw Spread accounts: Only up to 1:100 leverage.
- 3. Concerns regarding the legitimacy: Some sources have raised concerns about potential scams related to AssexMarket.
AssexMarket offers a range of attractive features for traders, including flexible account options, high leverage, and tight spreads. However, potential clients should be cautious due to its lack of regulatory oversight from prominent financial authorities. It’s always important to conduct thorough research and ensure the broker aligns with your specific trading goals and risk tolerance before committing significant capital.
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