According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- AUD 100
- MT4
- MT5
- ASIC
Our Evaluation of DNA Markets
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
DNA Markets is a moderate-risk broker with the TU Overall Score of 5.18 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by DNA Markets clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
DNA Markets adheres to the best market practices and maintains a favorable commission policy, ensuring comfortable trading conditions for its clients. Tight spreads and below-average fees allow for cost-effective trading. The wide range of assets, moderate leverage, and lack of trading restrictions provide a conducive trading environment. The MT4 and MT5 platforms are versatile and highly customizable. Unfortunately, the broker lacks transparency, and most of its assets are CFDs. The only form of passive income offered is copy trading. The referral program is quite profitable but requires high online activity. There are also regional restrictions.
Brief Look at DNA Markets
DNA Markets is a Forex and CFD broker providing access to over 800 financial instruments, including currency pairs, stocks, indices, commodities, and cryptocurrencies. Trading is facilitated through the MetaTrader 4 and MetaTrader 5 platforms, with all methods and strategies allowed. The broker provides a free demo account and two live account options, requiring an initial deposit of AUD 100. Spreads start from 0 pips, with no commission on the Standard account and a $3 commission per lot on the Raw account. Deposits and withdrawals can be made using bank cards, bank accounts, and online transfers. The platform offers copy trading on a Signal Start platform and a flexible affiliate program. Multilingual client support is available 24/5.
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- There is a low entry threshold with a free demo account, a minimum deposit of AUD 100, and micro lot trading.
- Spreads start from 0 pips, and the commission is $3 per lot, making costs competitive.
- There is a high profit potential with over 800 financial instruments, and leverage from 1:1 to 1:400.
- There are two platforms to choose from, and high order execution speed.
- There are trade copying services and flexible affiliate programs as alternative income options.
- Scalping, hedging, news trading, and the use of advisors are allowed.
- There is quality support with multiple communication channels and 24/5 manager availability.
- Some important aspects of broker's business are unknown to non-clients.
- Except for currency pairs, all other assets are presented as CFDs.
- The broker does not offer any education, not even basic, and lacks news and analysis.
TU Expert Advice
Author, Financial Expert at Traders Union
DNA Markets provides a comprehensive suite of services with access to over 800 financial instruments encompassing Forex, stocks, indices, commodities, and cryptocurrencies. Traders utilize the popular MT4 and MT5 platforms, with features that support scalping, hedging, and news trading. The broker offers the fee-free Standard account and the Raw account with low fees, catering to different trading styles. Additionally, competitive spreads start from 0 pips, and leverage is up to 1:400, benefiting those looking to optimize capital efficiency.
Despite these robust offerings, DNA Markets presents some drawbacks. The company lacks transparency and most assets are available only as CFDs, with no directly tradable stocks. Education and analytical tools are limited, and regional restrictions apply. Furthermore, potential fees for deposits are not explicitly outlined. Ultimately, DNA Markets may not be ideal for novice traders seeking resources and straightforward asset options but could be suitable for experienced traders comfortable with its particular mix of assets and account types.
DNA Markets Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MT4, МТ5 |
|---|---|
| 📊 Accounts: | Demo, Standard, Raw |
| 💰 Account currency: | AUD, USD, EUR, GBP, NZD, CAD, SGD |
| 💵 Deposit / Withdrawal: | Bank transfers, bank cards, electronic transfer systems |
| 🚀 Minimum deposit: | AUD 100 |
| ⚖️ Leverage: | Up to 1:400 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,1 pips |
| 🔧 Instruments: | Currency pairs, CFDs on stocks, indices, commodities, cryptocurrencies |
| 💹 Margin Call / Stop Out: | 100%/50% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Demo account can be opened for free, two live accounts, tight spreads and low commissions, a large asset pool, trading through MT5 and MT4 trading platforms, copy-trading, and an affiliate program. There is no training or analytics. |
| 🎁 Contests and bonuses: | Yes (TU rebates) |
Often, brokers offering multiple trading accounts have vastly different conditions for each, including minimum deposit requirements. However, DNA Markets takes a different approach. To open either a Standard or Raw account, clients need to deposit a minimum of AUD 100. It's important to note that this is specifically in Australian dollars. While clients can deposit funds in USD or other supported currencies, the equivalent amount in AUD is still required. Leverage is also consistent across all accounts, varying only based on the selected asset. The maximum leverage for currency pairs is 1:400. Traders have the flexibility to adjust their leverage or even trade without any leverage at all. The company's technical support operates 24/5, and you can contact their managers via phone, email, live chat, or by submitting tickets on the broker's website.
DNA Markets Key Parameters Evaluation
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Trading Account Opening
To start working with DNA Markets, register and verify your account, select an account type, and make a deposit. Although the process seems straightforward, clients sometimes have questions. Therefore, TU specialists have prepared a step-by-step guide. They have also highlighted the main features of the user account.
Visit the DNA Markets website. Click “Open Account.”
Select your preferred language. Then, specify the country where you reside in. Enter your first name, last name, and email address. Create a password. Provide your phone number and click “Create Account.”
You will receive an email from the broker. Click the link in the email to continue the registration process.
Specify the account type, individual or corporate, and how you would like to be addressed. Enter your full residential address with the postcode. Select your tax residency. Click “Next.”
Choose the trading platform - MT4 or MT5, and an account type - Standard or Raw. Select the base currency and click “Next.”
Answer a few questions. After completing each block, click “Next.”
Take a short test on the basics of financial markets. After that, agree to the terms of service by checking all the required boxes.
Complete the verification process. Provide the broker scans or photos of the required documents. Carefully read the on-screen comments. Click "Submit docs."
Once your documents are verified, you can fund your account. Use the "Deposit" option in your user account. Choose a suitable channel and deposit at least AUD 100.
Download the preferred version of the trading platform, either desktop or mobile, from the broker’s website or the MT portal. Install it, enter your registration details, and start trading.
Your DNA Markets user account also provides access to:
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Dashboard, the section with aggregated data on active accounts, and with detailed insights available.
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Trading Accounts, the section where live accounts can be closed or opened. You can have multiple accounts.
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Deposits/Withdrawals, the section that allows clients to use relevant options. Deposit and withdrawal channels vary by region, and fees are known in advance.
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Tools, a section that provides access to tools, and although the broker's website lacks an economic calendar and a trader’s calculator, these are available in the user account.
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Reports, the section for generating reports on trades or accounts using various filters.
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Support, the section for contacting support managers, including through chat.
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Settings, the section for updating personal information and setting security parameters.
Regulation and safety
DNA Markets has a safety score of 8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Track record of less than 8 years
DNA Markets Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 ASIC |
Australian Securities and Investments Commission | Australia | No specific fund but has stringent consumer protection | Tier-1 |
DNA Markets Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker DNA Markets have been analyzed and rated as Low with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No withdrawal fee
- Deposit fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of DNA Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, DNA Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
DNA Markets Standard spreads
| DNA Markets | Pepperstone | OANDA | |
| EUR/USD min, pips | 1,0 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,6 | 1,5 | 0,5 |
| GPB/USD min, pips | 1,0 | 0,4 | 0,1 |
| GPB/USD max, pips | 1,8 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
DNA Markets RAW/ECN spreads
| DNA Markets | Pepperstone | OANDA | |
| Commission ($ per lot) | 1,5 | 3 | 3,5 |
| EUR/USD avg spread | 0,1 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,2 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with DNA Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
DNA Markets Non-Trading Fees
| DNA Markets | Pepperstone | OANDA | |
| Deposit fee, % | 0-3 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
First, decide the account type. The Standard account features a typical spread of 1-1.3 pips with no trading commissions. The Raw account has raw spreads starting from 0 pips but charges a commission of $3 per full lot. The minimum deposit for both accounts is the same, AUD 100. There are no differences in available assets and leverage. Thus, traders should base their choice on their strategic preferences. The trading platforms available are MetaTrader 4 and 5, both of which are convenient and functional, though there are some differences. It is recommended to try both versions before making a decision.
Account types:
If a trader has never worked with the chosen broker before, it makes sense to start with a demo account. This allows them to explore the platform without the risk of financial loss. Trading micro-lots is another way to get to know the broker but in real conditions.
Deposit and withdrawal
DNA Markets received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
DNA Markets offers limited payment options and accessibility, which may impact its competitiveness.
- Supports 5+ base account currencies
- No withdrawal fee
- Bank card deposits and withdrawals
- Low minimum withdrawal requirement
- Limited deposit and withdrawal flexibility, leading to higher costs
- PayPal not supported
- USDT payments not accepted
What are DNA Markets deposit and withdrawal options?
DNA Markets offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making DNA Markets less competitive for those seeking diverse payment options.
DNA Markets Deposit and Withdrawal Methods vs Competitors
| DNA Markets | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are DNA Markets base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. DNA Markets supports the following base account currencies:
What are DNA Markets's minimum deposit and withdrawal amounts?
The minimum deposit on DNA Markets is $100, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact DNA Markets’s support team.
Markets and tradable assets
DNA Markets provides a standard range of trading assets in line with the market average. The platform includes 800 assets in total and 50 Forex currency pairs.
- 50 supported currency pairs
- Crypto trading
- 800 assets for trading
- Bonds not available
- No ETFs
DNA Markets Supported markets vs top competitors
We have compared the range of assets and markets supported by DNA Markets with its competitors, making it easier for you to find the perfect fit.
| DNA Markets | Plus500 | Pepperstone | |
| Currency pairs | 50 | 60 | 90 |
| Total tradable assets | 800 | 2800 | 1200 |
| Stocks | No | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products DNA Markets offers for beginner traders and investors who prefer not to engage in active trading.
| DNA Markets | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | No | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Customer support
Is depositing from American bank cards available? What are the differences between the MT4 and MT5 interfaces, and what order types are available on these platforms? Why are some trades forcibly closed?
Many trader inquiries arise from inattention or lack of knowledge. Furthermore, brokers sometimes lack transparency, with essential information missing from their websites. Lastly, no one is immune to unexpected trading situations. In any case, DNA Markets' clients can always seek assistance from the company's technical support service, which operates 24/6 and can be reached via phone, email, live chat, or by submitting tickets on the website.
Advantages
- There are multiple communication channels available
- Specialists respond day and night
- High speed of response and competent assistance
Disadvantages
- Support is not available on weekends
You don’t have to be an active client of the broker to ask questions to their support team.
Here are the current contact methods:
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Call center;
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e-mail;
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tickets;
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Live chat in the user account
Please note that the technical support is multilingual, meaning it is available in several languages. You can contact support with any question, even if it seems trivial. At the end of the day, that’s what support is for, to ensure that traders can trade with complete comfort.
Contacts
| Registration address | 1st Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, VC0100, St. Vincent and the Grenadines |
|---|---|
| Regulation | ASIC |
| Official site | https://www.dnamarkets.com/ |
| Contacts |
+442070825200
|
Education
Brokers often attract clients with little to no trading experience. While some platforms offer educational resources ranging from basic articles and glossaries to comprehensive courses with seminars and webinars, DNA Markets does not provide such support for beginners.
DNA Markets assumes that if a trader registers on their platform, they already know how to trade in financial markets. The lack of educational programs should not be seen as a critical flaw, as a broker's primary responsibility is to provide comfortable trading conditions, not to educate clients.
Comparison of DNA Markets with other Brokers
| DNA Markets | Bybit | Eightcap | XM Group | Octa | 4XC | |
| Trading platform |
MT4, MT5 | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MetaTrader4, MetaTrader5, OctaTrader | MT5, MT4, WebTrader |
| Min deposit | $100 | No | $100 | $5 | $25 | $50 |
| Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:40 to 1:1000 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | No | Yes |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 0 points | From 0.8 points | From 0.6 points | From 0 points |
| Level of margin call / stop out |
100% / 50% | No / 50% | 80% / 50% | 100% / 50% | 25% / 15% | 100% / 50% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | $50 |
| Cent accounts | No | No | No | No | No | No |
Detailed Review of DNA Markets
DNA Markets Group, a long-standing player in the market, has consistently implemented industry best practices. Their website, built on a microservices architecture, ensures high performance and scalability, facilitating the easy addition of new services. The use of VPS (Virtual Private Servers) technology enables 24/5 trading, including the use of trading robots. From a security perspective, the platform is robust, employing authentication tokens, SSL protocols, and cryptographic methods. Client funds are held in segregated accounts, separate from the company's funds. The broker is also integrated with Signal Start, a renowned copy trading solution. Moreover, the asset pool is regularly expanded based on client feedback, demonstrating the broker's client-centric approach.
DNA Markets by the numbers:
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The minimum deposit is 100 AUD.
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The minimum spread on the Raw account is 0 pips.
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The commission per lot is $3.
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There are 800+ financial instruments in the pool.
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Technical support is available 24/5.
DNA Markets is a Forex and CFD broker for comfortable trading
The platform offers several hundred assets across five groups: currency pairs, CFDs on stocks, indices, commodities, and cryptocurrencies. This variety is more than sufficient for risk diversification. A trader can easily create a diversified portfolio where a negative trend in one asset is offset by stable or progressing positions in others. Additionally, this diversity provides excellent opportunities to experiment with trading strategies using different methods. Even with a small capital, traders can expect significant profits as the broker offers leverage up to 1:400. Leverage is flexible and optional. Finally, the advantages of MT trading solutions cannot be overlooked. The MetaTrader 4 and 5 platforms feature intuitive interfaces, extensive functionality, and excellent customization through free plugins.
DNA Markets’ analytical services:
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Copy trading. Every client can register as a signal provider or an investor. Investors earn 100% passive income and gain unique experience, while signal providers trade at their own pace and earn additional income from investor commissions.
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Partnership Program. Individuals and legal entities can earn extra income through the platform's referral program, which offers bonus rewards for invited traders. The program is flexible and adapts to the needs of different partners.
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Two account types. Standard and Raw accounts have different trading parameters. The ability to choose allows traders to find optimal conditions and work with maximum comfort.
Advantages:
The deposit starts from AUD 100, and a demo account, and micro-lot trading are available.
Tight spreads from 0 pips and competitive commissions keep trading costs minimal.
The platform offers a wide range of assets and allows trading without any restrictions.
MT4 and MT5 platforms allow for personalized trading conditions.
Technical support is available 24/5 and receives positive reviews from clients and experts.
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