Phoenix Markets review (2022)

Phoenix Markets is a Forex & CFD broker that is a trading name of WGM Services Ltd. Phoenix Markets offers trading instruments such as Forex, Stocks, Commodities, Cryptocurrencies and Indices to the trading markets globally. Phoenix Markets is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Security

Phoenix Markets client funds are kept in segregated accounts, from the company’s funds at reputable EU banking institutions.

Trading Platforms

Phoenix Markets MT4

Phoenix Markets provides the MetaTrader 4, WebTrader and Mobile trading platforms.

WebTrader

  • View real time quotes and live market update.
  • Instant trade execution on all order types.
  • Open/Manage Pending Order, Set Limits and Manage Risk.
  • View pricing, execute orders, and fill rates instantly.

Mobile Trading

  • All symbols, order types & functions
  • Complete functionality, 100% trading
  • Open, modify and/or close existing trades
  • Round-the-clock access to your portfolio
  • User-friendly interface suitable for beginners and professionals
  • Real time profit/loss & interactive currency charts
  • Stay up to date, no down-time
  • Intuitive and convenient
  • Fast & simple user interface
  • Free access to view history
  • Access to historical data at your fingertips

Trading Tools

  • Market Analysis
  • Econonomic Calendar
  • Mrgin Calculator
  • Notifications

Education

  • Trading Glossary
  • Market News
  • Edducation on demand
  • Analyst Views
  • Featured Ideas
  • WebTv

Accounts

  • Starter Account
  • Gold Account
  • Platinum Account

Phoenix Markets account types

Costs

Phoenix Markets offers maximum leverage of 1:200, spread from 0.5 pips,  and $50 minimum deposit. ROInvesting offers various ways to deposit and withdraw funds including bank transfer, visa/master, trustly, sofort, skrill, sepaga and ideal.

Customer Support

Phoenix Markets provides customer support 24/5 in mulitple languages via live chat, email and telephone.

Regulation

Phoenix Markets is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Conclusion

Phoenix Markets is a Forex and CFD Broker that provides trading instruments such as Forex, Stocks, Commodities, Cryptocurrencies and Indices to the trading markets globally. Phoenix Markets offers a Starter, Gold and Platinum accounts. Phoenix Markets provides a multilingual support team to attend to all queries and provide assistance 24/5. Phoenix Markets is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

 

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EditorialTeam
The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

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