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PHASE MARKETS Review: Regulation, Spreads & Leverage

STP/ECN broker based in Vanuatu with MetaTrader 4, a $5 minimum deposit and leverage up to 1:500.

  • STP/ECN
  • 1:500 Leverage
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PHASE MARKETSVanuatu
4.0/5
Regulated byRegulated by the VFSC (reference number 40387)
PromotionYes
HeadquartersHeadquarters Port Vila, Vanuatu
Founded2018
Min. deposit$5
Max leverage1:500

Your money is at risk

VISIT BROKER View Reviews
2018Founded
$5Minimum deposit
1:500Max leverage
0.0Pips from

In this PHASE MARKETS review

  1. PHASE MARKETS overview
  2. Full broker specifications
  3. PHASE MARKETS bonus
  4. Pros and cons
  5. Account types
  6. Trading platforms
  7. Deposits and withdrawals
  8. Is PHASE MARKETS safe?
  9. FAQ

PHASE MARKETS overview: what kind of broker is it?

PHASE MARKETS is an STP/ECN forex and CFD broker based in Vanuatu, founded in 2018. Regulated by the VFSC (reference number 40387).

Traders get MetaTrader 4, spreads from 0.0 pips, leverage up to 1:500 and a low $5 minimum deposit. New clients can also check the current Yes.

PHASE MARKETS broker specifications

Company and regulation

BrokerPHASE MARKETS
Regulated byRegulated by the VFSC (reference number 40387)
Type of brokerSTP/ECN
CountryVanuatu
Foundation year2018
WebsiteVisit PHASE MARKETS website
Website languagesEnglish

Trading conditions

Minimum deposit$5
Maximum leverage1:500
Minimum spreads0.0 pips
Base currenciesUSD, EUR, GBP and More
Tradable instruments—
Hedging / scalpingAllowed
News tradingAllowed
Trading in publicNo

Bonus and promotions

Current promotionYes
Welcome bonusYes
Standard no deposit bonusNo

Contact details

Telephone+44 20 3514 6757
Emailsupport@phasemarkets.com
FaxNot available
Head officeHeadquarters Port Vila, Vanuatu
FREE

PHASE MARKETS bonus

PHASE MARKETS promotes a Yes for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.

How to claim the PHASE MARKETS bonus

  1. Open a live account through the Visit Broker button.
  2. Verify your email, phone number and identity (KYC).
  3. Request the bonus from your client area or from support.
  4. Trade the required volume, then withdraw your eligible profit.

Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the PHASE MARKETS website before you claim.

Claim BonusMore No Deposit Bonuses

PHASE MARKETS pros and cons

Pros

  • Regulated: Regulated by the VFSC (reference number 40387)
  • Yes for new traders
  • Low $5 minimum deposit
  • Spreads from 0.0 pips, STP/ECN execution
  • MetaTrader 4 on every device
  • Islamic, mini, VIP and managed accounts
  • 5 deposit and withdrawal methods

Cons

  • No MetaTrader 4 or cTrader
  • Bonus comes with trading-volume rules

PHASE MARKETS account types

PHASE MARKETS offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $5 deposit.

Free demo accountYes – practise with virtual money
Mini accountYes – smaller trade sizes for beginners
VIP accountYes – for high-volume traders
Islamic (swap-free)Yes – no overnight swap charges
Managed accountYes
Segregated client fundsYes

PHASE MARKETS trading platforms

PHASE MARKETS runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.

MetaTrader 4Desktop

PHASE MARKETS deposit and withdrawal methods

The same 5 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.

Banks and cards

Bank WireCredit Card

E-wallets

SkrillNetellerFasapay

Is PHASE MARKETS safe and legit?

PHASE MARKETS is a regulated broker. Regulated by the VFSC (reference number 40387). The broker says client money is kept in segregated accounts, separate from company funds.

Our verdict on safety

PHASE MARKETS is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.

4.0 OUT OF 5
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.

Who should choose PHASE MARKETS?

Good fit for

  • Traders who want MT4 and raw spreads
  • Bonus hunters testing a new broker
  • Muslim traders needing swap-free accounts
  • Scalpers, hedgers and news traders

Think twice if

  • You prefer MT4 or cTrader

PHASE MARKETS FAQ

Is PHASE MARKETS regulated?

Yes. Regulated by the VFSC (reference number 40387).

What is the PHASE MARKETS minimum deposit?

The minimum deposit to open a live PHASE MARKETS account is $5.

Does PHASE MARKETS offer a bonus?

PHASE MARKETS currently promotes a Yes for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.

What is the maximum leverage at PHASE MARKETS?

Leverage goes up to 1:500. High leverage increases both potential profit and potential loss, so most traders use far less.

Which trading platform does PHASE MARKETS use?

PHASE MARKETS uses MetaTrader 4.

Does PHASE MARKETS offer Islamic swap-free accounts?

Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.

How can I deposit and withdraw at PHASE MARKETS?

You can use Bank Wire, Credit Card, Skrill, Neteller and Fasapay.