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FairMarkets
Available markets
USA
Support
Phone, Email, After hours, Live chat

Our verdict

Trade CFDs on stocks, forex, commodities, indices and cryptocurrencies

FairMarkets is a CFD broker that lets you trade across a variety of markets including commodities, indices, forex and cryptocurrencies. It has access to both Meta 4 and Meta 5 trading.

For those looking to trade, FairMarkets offers competitive fees on both its spreads, commissions and swap fees.

The broker also offers a few different account types, with its standard account designed for newer traders while its premium account addresses the needs of those who have been trading for years.

Pros

  • Competitive fees
  • Different account types to meet different traders' needs
  • Strong platforms and tools
  • Automated trading facilities

Cons

  • Only allows you to trade CFDs which are riskier assets
  • Limited educational resources

In this guide

  • Our verdict
  • Details
    • Product details
  • Your reviews
  • Ask a question

Details

Product details

Available markets USA
Support Phone, Email, After hours, Live chat

Assets you can trade with FairMarkets

The FairMarkets platform gives you access to:

  • Stocks
  • Forex
  • Commodities
  • Index CFDs
  • Cryptocurrencies

FairMarkets account types

If you sign up with FairMarkets you'll have the choice between 2 different account types with the main difference being how you pay a commission.

Signing up to either account gives you the same user-friendly features including no minimum deposits, negative account balance protections and algorithm trading strategies.

If you sign up with a standard account you'll have to pay spreads starting from 0.6 pips, but you won't be charged a commission.

On the flip side, if you sign up for the Premium account, your spreads start from $0 but you'll pay $2 per round lot.

For large networth individuals there's also the Ace account. But this is based on a government definition of "sophisticated investors", meaning you'll need to have either $2.5 million in assets or make $250,000 to access this account.

Markets you can access

FairMarkets offers more than 500 global instruments to trade:

  • Forex – 36 currency pairs.
  • Indices – You can trade popular indices such as the S&P 500. Additionally you can trade leading companies' stocks as groups. You can deal with US 30, UK 100, S&P 500, DAX 40, FRA 40, JPN 225, HK50 and NASDAQ 100 besides ASX 200 shares. This option is targeted at those who are undecided on a specific share to trade.
  • Commodities – Trade both hard and soft commodities including gold, silver, Brent oil and WTI.
  • Cryptocurrency – You can trade Bitcoin, Ethereum and Litecoin through the platform.

What other features do you get with FairMarkets?

The platform has a few additional features worth highlighting:

  1. Alerts. You can set up key alerts that will let you know when an asset you are tracking reaches a certain price. This can be done via audio, email or push notifications on your phone.
  2. Education. While FairMarkets is a little limited in this department, it still offers free ebooks, occasional webinars, economic calendars, calculators and trading central pages directly to your feed so you can see the latest market research and expert analysis.
  3. Demo accounts. If you are newer to trading or want to test a theory, FairMarkets offers demo accounts.
  4. MetaTrader booster pack. For serious traders you can get a booster pack for MT4 and MT5 platforms that offers you 9 add-ons including sentiment trackers, session maps and alarm manager. However, it's worth pointing out that you'll need to deposit $1,000 into your account for this feature.
  5. One-click trading. If you're looking to trade fast, this feature will allow you to execute orders with a single click without the need for secondary confirmation.
  6. Range of order types. You can manage your trading through market orders, limit orders, stop loss orders and trailing stop losses if you sign up with FairMarkets.
  7. Automated trading. You can sign up to both copy trading and automated trading. FairMarkets trading signals lets you copy others, while its automated trading features will help your trading.

How much does FairMarkets cost?

If you sign up with FairMarkets, the fees will differ depending on which type of account you are trading.

  1. Aussie Premium: You'll pay a commission of $2 per round lot. But you'll also gain access to spreads starting from 0.0, no commission specific to AUD crosses, energies, metals and the ASX 200 index.
  2. Standard: The standard account is commission free but you'll pay spreads starting from 0.6 pip.

FairMarkets customer support

FairMarkets offers its customers 24/5 support through a number of channels including:

  • Telephone
  • Email
  • Live chat

The live chat service is only available during business hours of Monday to Friday 9am to 7pm.

How to open an account with FairMarkets

If you're looking to sign up, it's a fairly easy process but you'll have to complete the following:

  1. Go onto the company site and click "open account" which is in the top right corner.
  2. Go through and complete your online application, including adding your basic information.
  3. Select your account type – Standard or Premium.
  4. Verify your account.
  5. Add funds to your account and start trading.

If you sign up for FairMarkets, you'll gain access to 24 hours a day trading between Sunday and Friday.

This is mainly due to the times that foreign markets are open.

What you'll need

If you are going to sign up, you'll need access to your basic information and some sort of identification so that the operator knows it is you.

Is Fair Markets safe?

FairMarkets is an Australian broker that is regulated by a couple of our local bodies. The broker has provided its details with the Australian Securities & Investments Commission (ASIC) and the Financial Services Council (FSC), meaning it is well regulated.

The broker also uses industry standard encryption technology which can also mean your data is as safe as anywhere else.

Compare FairMarkets with other platforms

Disclaimer: General information only. All forms of investments (and in particular, trading CFDs, commodities and forex) carry significant risk, including the risk of losing more than the invested amounts, market volatility and liquidity risks. Past performance is no guarantee of future results. Such activities are not suitable for most investors.
1 - 8 of 8
Name Product Minimum Opening Deposit Minimum Opening Deposit Commission - ASX 200 Shares Available CFD markets Platforms
Pepperstone CFD
$0
$0
$5 or 0.07%
Australian Stocks, Commodities, Cryptocurrencies, ETFs, Forex, Global Stocks, Indices (CFDs only)
MetaTrader 4
MetaTrader 5
cTrader
TradingView
Pepperstone Trading Platform
Disclaimer: CFD Service. Your capital is at risk.
Get access to more than 60+ forex and CFD markets when you sign up with this award-winning Australian broker. Plus, access the new advanced TradingView charts platform.
Vantage CFD
$50
$50
No commission
Commodities, Cryptocurrencies, ETFs, Forex, Global Stocks, Indices (CFDs only)
MetaTrader 4
MetaTrader 5
TradingView
Disclaimer: CFD Service. Your capital is at risk.
Vantage has some of the lowest CFD trading fees in Australia including $0 commissions on all Gold trades. Plus you can find global trends and place trades through the new TradingView charts platform.
IG CFD broker
$0
$0
0.08% with $7 minimum
Bonds, Commodities, Cryptocurrencies, ETFs, Forex, Global Stocks, Indices, Options (CFDs only)
MetaTrader 4
ProReal Time
IG Trading Platform and Apps
L2
Disclaimer: CFD Service. Your capital is at risk.
Trade from over 15,000 markets with Australia's leading service for CFD trading and forex.
Plus500 CFD
$100
$100
No commission
Commodities, Cryptocurrencies, ETFs, Forex, Global Stocks, Indices, Options (CFDs only)
Plus500 Trading Platform
Disclaimer: CFD service. Your capital is at risk.
Trade CFDs on Australian and International shares, indices, cryptocurrencies, commodities and more.
IC Markets CFD (True ECN Account)
US$200
US$200
0.1% per side
Australian Stocks, Global Stocks, Indices, Commodities, Forex, Cryptocurrencies (CFDs only)
MetaTrader 4
MetaTrader 5
cTrader
Disclaimer: CFD Service. Your capital is at risk.
Trade 230+ different products with fast execution under 40 milliseconds on average.
Saxo Invested CFD
0
0
0.08% with $3 minimum
Bonds, Commodities, Cryptocurrencies, ETFs, Forex, Global Stocks, Indices, Options, (CFDs only)
SaxoTraderGO
SaxoTraderPRO
Disclaimer: CFD Service. Your capital is at risk.
Award-winning trading platfrom with extensive charting tools and reliable execution.
Blueberry Markets CFD Trading
US$100
US$100
$20 per month subscription plus 2% of trade size
Australian Stocks, Commodities, Cryptocurrencies, Indices (CFDs only)
MetaTrader 5
Disclaimer: CFD Service. Your capital is at risk.
Bottom of the market fees on forex, CFDs and commodities with 24/7 quality customer service.
ACY Securities CFD
$50
$50
No commission
Australian Stocks, Bonds, Commodities, Cryptocurrencies, ETFs, Forex, Global Stocks, Indices, Metals (CFDs only)
MetaTrader 4
MetaTrader 5
Disclaimer: CFD Service. Your capital is at risk. Trade over 2,000 products across CFDs, forex, indices, metals, shares, commodities and cryptocurrency, starting from as low as $50 a trade.
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This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the product on the provider's website.

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