Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Range Markets Pros & Cons
- Availability of cent and classic accounts.
- Industry-leading MetaTrader 4 trading platform.
- Spreads from 0.5 pips.
- Affiliate program for retail and institutional clients.
- Trading with leverage up to 1:500.
- No restrictions on using advisors and bots.
- Access to news trading, hedging, and automatic trading.
- Absence of a license for its brokerage activities.
- Limited choice of payment systems.
- The range of CFDs is much smaller compared to its competitors.
TU Expert Verdict
Range Markets carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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Range Markets User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of Range Markets have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is Range Markets Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria3.7 /10Range Markets has a safety score of 3.7/10, which corresponds to a Low 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.
- Is regulated
- Not tier-1 regulated
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4 /10Range Markets offers the following account options: Demo, Standard, ECN/Raw spread, VIP.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Low minimum deposit
- Exclusive VIP account with enhanced trading conditions
- Demo account
- No Cent account
- Micro lots are not available
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5.5 /10Range Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria3.5 /10Range Markets offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 50 Forex pairs.
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Trading Account Opening
We successfully registered an account with Range Markets in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Range Markets is $100.Score:We evaluated Trading Account Opening at Range Markets by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at Range Markets by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.3 /10
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FAQs
How is Range Markets regulated and what does its safety score indicate?
Range Markets is regulated by the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), which is classified as a Tier-3 regulator and does not provide a specific investor protection fund. The broker has a safety score of 3.7/10, indicating a low security level, and it does not offer negative balance protection, although it does require KYC verification.
How competitive are the trading commissions and fees at Range Markets?
Range Markets has been assessed with a fees score of 8/10, indicating generally low trading and non-trading costs. Standard account spreads for EUR/USD typically range from 0.3 to 0.6 pips, while RAW/ECN accounts show an average EUR/USD spread of 0.1 pips plus a $5 commission per lot, and there are no stated deposit, withdrawal, or inactivity fees.
What do user reviews and feedback reveal about Range Markets?
Range Markets has a user satisfaction score of 4/10 based on 4 reviews, with 50% of ratings at 3 stars and 50% at 1 star. According to user reviews, overall sentiment is mostly negative.
What deposit and withdrawal options and limits does Range Markets offer?
Range Markets supports deposits and withdrawals via bank cards, bank wire, Skrill, and Neteller, but does not accept BTC, USDT, PayPal, or Wise. The minimum deposit is $100 and the minimum withdrawal is $1, there are no stated withdrawal fees, and the broker is rated with a medium score of 5.5/10 for the efficiency and convenience of its funding processes.
What markets and instruments are available at Range Markets and what do user comments focus on?
Range Markets offers a limited selection of instruments, including 50 currency pairs, stocks, and stock indices, but does not provide ETFs, bonds, options, commodity futures, crypto, or copy/managed investing services. The review section notes that the platform supports 0 total assets in its summary despite listing specific categories, and user comments on this section are not provided in the available review.
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