What is the minimum deposit required?
For the Standard Fixed, Standard Variable, and Raw Zero accounts, there is no minimum deposit requirement, making them accessible to traders of all levels. The VIP Variable account requires a minimum deposit of $5,000.
Are there any regional restrictions?
Yes, FairMarkets does not offer services to individuals or legal entities located in certain jurisdictions, including Malaysia, the United States, the United Kingdom, and sanctioned countries such as Iran, Myanmar, and North Korea. This is due to regulatory restrictions in these regions.
Is FairMarkets a trustworthy broker?
FairMarkets is regulated by reputable authorities, including ASIC in Australia and the FSC in Mauritius, which provides a level of assurance regarding its operations. However, as with any financial service, it's advisable for traders to conduct thorough research and consider factors