Home Forex Brokers DuraMarkets

DuraMarkets

6.9 / 10 Overall Score

Website: https://duramarkets.com
Jurisdiction: Comoros
Operating Since: 1-2 years
Regulatory Status: N/A

Score Breakdown

Business
Software

Company & Contact

Legal Name: DuraMarkets Ltd
Phone: 19714345122
Email: compliance@duramarkets.com
Address: —

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# DuraMarkets Company

## Company Overview

DuraMarkets company operates as a forex broker, providing services in currency trading and access to various financial instruments. Established in 2024, DuraMarkets has quickly positioned itself in the global online brokerage sector. The company is incorporated in the Comoros Union and is regulated by the Mwali International Services Authority (MISA).

The headquarters of DuraMarkets is located in Fomboni, Comoros, with additional offices in Dubai. The company aims to serve clients worldwide, although it does not accept clients from certain restricted countries.

## Corporate Development

Since its inception in 2024, DuraMarkets has focused on establishing a robust presence in the forex trading market. The company has introduced various account types to cater to different trading preferences, including standard, zero, VIP, and swap-free accounts. DuraMarkets has also embraced the use of cryptocurrency for deposits, appealing to a broader range of clients, especially those facing difficulties with traditional banking systems.

## Regulation and Compliance

DuraMarkets is regulated by the Mwali International Services Authority (MISA), holding a license under the number BF X 2024032. This regulatory framework is designed to ensure compliance with financial standards and protect clients' interests. Client funds are safeguarded through segregation practices, ensuring that traders' deposits are kept separate from the company's operational funds.

The company is committed to maintaining transparency and compliance with relevant financial regulations, although specific details regarding audit references or additional compliance measures were not provided.

DuraMarkets does not provide services to residents of several countries, including the United States, Afghanistan, and North Korea, among others, reflecting its adherence to regional regulatory requirements.

## Global Presence and Market Coverage

DuraMarkets serves a diverse client base across multiple geographic markets. The company accepts clients from various regions, excluding those in restricted countries. Its strategic initiatives include partnerships that enhance its service offerings and market reach, although specific partnerships were not detailed in the provided data.

## Summary

In summary, DuraMarkets company has established itself as a notable player in the forex brokerage industry since its founding in 2024. With a regulatory license from MISA and a commitment to client fund protection, DuraMarkets aims to provide a reliable trading environment for its clients. The company's focus on cryptocurrency funding and diverse account offerings positions it well within the competitive landscape of online trading.

Account Types

# DuraMarkets Account Types

DuraMarkets offers a variety of account types tailored to meet different trading needs. Below are the details of the available account types:

| Account Type | Minimum Deposit | Spreads/Commission | Leverage | Trading Instruments | Base Currencies Supported | Execution Model | Unique Features |
|-------------------|-----------------|---------------------|-------------------|---------------------------------------------|---------------------------|------------------|--------------------------------------|
| Standard Account | $10 | From 0 pips / $5 commission | Up to 1:1000 | 70+ currency pairs, CFDs on indices, metals, energies | Not specified | STP | - |
| Zero Account | $10 | From 0.4 pips / No commission | Up to 1:1000 | 70+ currency pairs, CFDs on indices, metals, energies | Not specified | STP | - |
| VIP Account | $500 | From 0 pips / $2 commission | Up to 1:1000 | 70+ currency pairs, CFDs on indices, metals, energies | Not specified | STP | - |
| Swap-Free Account | $500 | From 0.6 pips / $2 commission | Up to 1:1000 | 70+ currency pairs, CFDs on indices, metals, energies | Not specified | STP | Swap-free option available |

All accounts can be funded using cryptocurrencies, and the broker offers a free VPS service for accounts with a balance of $5000 or more.

# DuraMarkets Broker Account Opening Process

To open an account with DuraMarkets, follow these steps:

1. **Visit the Registration Page**: Go to the DuraMarkets website and navigate to the account registration section.
2. **Fill Out the Registration Form**: Provide the necessary personal information as required on the form.
3. **KYC Verification**: Complete the identity verification process by submitting the required documents (e.g., proof of identity and address).
4. **Minimum Funding**: Fund your account with a minimum deposit of $10 or $500, depending on the account type selected. Cryptocurrency deposits are accepted.
5. **Approval Time**: Wait for the account approval, which is typically processed quickly.
6. **Access Trading Platforms**: Once approved, you will gain access to the trading platform, primarily MetaTrader 4 (MT4).

For those interested in testing the platform, a demo account may also be available, allowing users to practice trading without financial risk.

Deposit & Withdrawal

# DuraMarkets Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## DuraMarkets Minimum Deposit Explained

### Exact Minimum Deposit Amount
DuraMarkets requires a minimum deposit of **$10** to open a trading account. This low entry threshold allows new traders to start their trading journey without significant financial commitment.

### Account-Type Comparison
DuraMarkets offers various account types, each with distinct features aimed at different trading preferences. Here’s a brief comparison:

| Account Type | Minimum Deposit | Spread | Commission |
|--------------|------------------|--------|------------|
| Standard | $10 | From 0.0 pips | $5 round turn |
| Zero | $10 | From 0.4 pips | $0 |
| VIP | $500 | From 0.0 pips | $2 round turn |
| Swap-Free | $100 | From 0.6 pips | $2 round turn |

### Regional Differences
While the minimum deposit is consistent globally, the availability of certain deposit methods may vary by region due to regulatory restrictions. DuraMarkets does not accept clients from specific countries, including the USA, Afghanistan, and North Korea.

### Advantages
1. **Low Minimum Deposit**: Starting with just $10 is accessible for most traders.
2. **Variety of Account Types**: Tailored options to suit different trading strategies and preferences.
3. **High Leverage**: Up to 1:1000, which can amplify potential returns.
4. **Competitive Spreads**: Starting from 0.0 pips, which can reduce trading costs.

### Disadvantages
1. **Limited Withdrawal Methods**: Withdrawal options may be restricted compared to other brokers.
2. **Fees on Certain Withdrawals**: Depending on the method, fees may apply.
3. **Regulatory Restrictions**: Certain countries are excluded from opening accounts, limiting accessibility.
4. **New Broker**: Being relatively new, DuraMarkets does not have an extensive track record.

### Competitor Comparison
Compared to other brokers, DuraMarkets’ minimum deposit is quite competitive. For instance, many brokers require deposits ranging from $100 to $500, making DuraMarkets an attractive option for beginners.

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## DuraMarkets Deposit Methods Comprehensive Guide

### Supported Deposit Methods
DuraMarkets supports several deposit methods, including:

1. **Bank Transfer**
- **Processing Time**: 1-3 business days
- **Fees**: Varies by bank; typically low or none
- **Availability**: Global
- **Limits**: Minimum $10; maximum varies
- **Pros**: Secure; widely accepted
- **Cons**: Slower processing time

2. **Credit/Debit Cards (Visa, MasterCard)**
- **Processing Time**: Instant
- **Fees**: None charged by DuraMarkets
- **Availability**: Global
- **Limits**: Minimum $10; maximum varies
- **Pros**: Fast processing; familiar method
- **Cons**: Potential for card issuer fees

3. **Cryptocurrency**
- **Processing Time**: Instant
- **Fees**: Network fees may apply
- **Availability**: Global
- **Limits**: Minimum $10; maximum varies
- **Pros**: Fast and secure; supports anonymity
- **Cons**: Volatility in crypto value

4. **E-Wallets (if available)**
- **Processing Time**: Instant
- **Fees**: Varies by provider
- **Availability**: Limited by region
- **Limits**: Minimum $10; maximum varies
- **Pros**: Convenient and fast
- **Cons**: Not all e-wallets supported

### Supported Currencies and Recommended Methods
DuraMarkets accepts deposits in USD and EUR. The recommended method for fast processing is through credit/debit cards or cryptocurrency, as they offer instant crediting to your trading account.

---

## DuraMarkets Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log In**: Access your DuraMarkets trading account.
2. **Navigate to Deposit**: Click on the "Deposit" button on the dashboard.
3. **Select Method**: Choose your preferred deposit method (e.g., credit card, bank transfer).
4. **Enter Amount**: Specify the deposit amount (minimum $10).
5. **Confirm**: Follow the prompts to confirm the transaction.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms. However, the mobile interface may be more streamlined for quick deposits.

### KYC Notes and Common Issues
DuraMarkets requires KYC verification before processing withdrawals, which may include submitting identification documents. Common issues include delays due to incomplete documentation. Ensure all documents are submitted correctly to avoid delays.

### Typical Fund Crediting Times
Deposits via credit/debit cards and cryptocurrencies are credited instantly, while bank transfers may take 1-3 business days.

---

## DuraMarkets Withdrawal Methods Overview

### Available Withdrawal Channels
DuraMarkets offers several withdrawal methods:

1. **Bank Transfer**
- **Processing Time**: 1-3 business days
- **Fees**: Varies; typically low
- **Limits**: Minimum $10; maximum varies
- **Pros**: Secure and reliable
- **Cons**: Slower processing time

2. **Credit/Debit Cards (Visa, MasterCard)**
- **Processing Time**: Instant to 1 business day
- **Fees**: None charged by DuraMarkets
- **Limits**: Minimum $10; maximum varies
- **Pros**: Fast and familiar
- **Cons**: Limited to deposits made via cards

3. **Cryptocurrency**
- **Processing Time**: Instant
- **Fees**: Network fees may apply
- **Limits**: Minimum $10; maximum varies
- **Pros**: Quick and secure
- **Cons**: Volatility in crypto value

### Recommended Options by Cost and Speed
For speed, cryptocurrency withdrawals are the fastest option. Credit/debit cards are also efficient, while bank transfers may take longer.

---

## DuraMarkets Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log In**: Access your DuraMarkets trading account.
2. **Navigate to Withdraw**: Click on the "Withdraw" button on the dashboard.
3. **Select Method**: Choose your preferred withdrawal method.
4. **Enter Amount**: Specify the withdrawal amount (minimum $10).
5. **Confirm**: Follow the prompts to confirm the transaction.

### ID Verification Requirements
Before processing withdrawals, DuraMarkets requires KYC verification, including a valid ID and proof of address. Ensure all documents are submitted correctly to avoid delays.

### Expected Fund Arrival Time
Withdrawal times vary: cryptocurrency withdrawals are typically instant, while bank transfers may take 1-3 business days.

### Typical Delay Reasons and Fixes
Common reasons for delays include incomplete KYC documentation or issues with the chosen withdrawal method. To resolve these, ensure all required documents are submitted promptly and verify the withdrawal method is functioning correctly.

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## FAQs – DuraMarkets Deposits & Withdrawals

### What is the minimum deposit for DuraMarkets?
The minimum deposit for DuraMarkets is **$10**.

### How long do withdrawals take?
Withdrawal processing times vary by method: cryptocurrency withdrawals are instant, while bank transfers may take **1-3 business days**.

### Are there fees for deposits or withdrawals?
DuraMarkets does not charge fees for deposits; however, withdrawal fees may vary depending on the method used.

### Can the same method be used for both?
Yes, you can use the same method for both deposits and withdrawals, provided that method is supported.

### Are crypto or local methods supported?
Yes, DuraMarkets supports cryptocurrency deposits and withdrawals, along with traditional methods like bank transfers and credit/debit cards.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

DuraMarkets

DuraMarkets

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