Profile
This DuraMarkets review evaluates the broker’s regulatory standing, trading infrastructure, instruments, and client protections. DuraMarkets claims to offer forex and CFD trading services with a user-friendly interface, but it is not licensed by any major financial authority. The broker has faced multiple investor alerts and negative feedback, particularly relating to withdrawal issues and aggressive sales tactics.
Regulation and Safety
DuraMarkets is not regulated by any recognised financial regulator such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus). It has been blacklisted by several authorities:
- FCA (UK) – Warning for unauthorised activities
- FSMA (Belgium) – Blacklisted for offering services without permission
- CNMV (Spain) – Warning issued against the firm
There is no evidence of client fund segregation, third-party audits, or participation in investor compensation schemes. The lack of oversight significantly increases counterparty risk for traders.
Execution Model and Trading Platforms
DuraMarkets claims to offer a web-based proprietary platform but provides no technical specifications or execution transparency. The broker does not support MetaTrader 4, MetaTrader 5, or cTrader.
- Execution model: Undisclosed, likely market maker
- No FIX API or VPS services
- Basic browser-based interface with limited tools
No third-party verification of execution speed, latency, or liquidity sources is available.
Markets and Instruments
DuraMarkets advertises a standard suite of CFDs, though detailed instrument lists are not published. Typical offerings include:
- Forex – Majors and minors
- Indices – Global benchmarks such as DAX, S&P 500
- Commodities – Gold, oil, silver
- Stocks – US and EU listed companies
- Cryptocurrencies – BTC, ETH, LTC, XRP
Leverage levels and trading conditions are not transparently disclosed on the website.
Accounts, Spreads and Leverage
The broker promotes multiple account types based on deposit size:
- Basic: $250 minimum deposit
- Silver: $2,500+
- Gold: $10,000+
- Platinum: $50,000+
Account benefits are vague and appear to be used to upsell clients via aggressive telemarketing.
- Spreads: Not disclosed; likely high due to opaque execution
- Leverage: Claims up to 1:200 but lacks transparency
- Commissions: Not published
Funding and Base Currencies
DuraMarkets accepts several deposit methods but does not provide clear terms for processing:
- Credit/debit cards
- Bank wire transfers
- Crypto deposits (e.g., Bitcoin)
Base currencies supported: USD, EUR. Withdrawals have been widely reported as problematic, with users citing delays or non-fulfilment. No guaranteed processing times are listed.
Client Protections and Features
- No negative balance protection confirmed
- No FSCS, ICF, or AFCA protection schemes
- No regulatory disclosures or audit frameworks
- 2FA security not documented
Users should be aware that there are no verifiable safety mechanisms in place to protect funds or resolve disputes independently.
Institutional and Retail Offering
DuraMarkets targets retail clients exclusively, mainly through cold-calling and online ads. There is no institutional-grade infrastructure.
- Retail: Proprietary platform, marketing-led onboarding
- Institutional: Not offered – no FIX API, liquidity partnerships, or margin customisation
Pros
- Crypto and fiat deposit options
- Access to forex, stocks, indices, and crypto CFDs
- Low minimum deposit ($250)
Cons
- Unregulated and blacklisted by multiple financial authorities
- Non-transparent spreads, leverage, and execution terms
- Numerous withdrawal complaints and negative reviews
- No support for MT4, MT5, or advanced trading tools
Frequently Asked Questions
Is DuraMarkets a regulated broker?
No, DuraMarkets is not regulated and has been blacklisted by financial regulators such as the FCA and FSMA.
What platform does DuraMarkets use?
DuraMarkets offers a basic proprietary web-based platform, with no MetaTrader or third-party support.
What is the minimum deposit required?
The minimum deposit to open a Basic account is $250.
Does DuraMarkets allow crypto deposits?
Yes, DuraMarkets supports funding via Bitcoin and possibly other cryptocurrencies.
Are withdrawals processed reliably?
No, there are numerous reports of delayed or refused withdrawals with no clear resolution process.