Synergy Markets Review 2025
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
- $100
- MT4
- MT5
- ASIC
Our Evaluation of Synergy 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
Synergy Markets is a moderate-risk broker with the TU Overall Score of 5.64 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Synergy 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.
Synergy Markets is a trusted broker offering a secure and reliable trading environment. With competitive trading conditions, fast order execution, and support for automated trading strategies, it caters to both active and passive traders.
Brief Look at Synergy Markets
Synergy Markets, regulated by ASIC (the Australian Securities and Investments Commission), offers transparent trading conditions for accessing a wide range of financial instruments, including currency pairs, indices, stocks, and commodities. As part of ACY Group, Synergy Markets provides a secure trading environment by holding client funds in segregated trust accounts with the AA-rated Commonwealth Bank of Australia (CBA). Trades are executed on MetaTrader platforms.
We've identified your country as
US
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.
Explore the 5 top-rated companies in
US :
- Transparent trading conditions and access to ECN (Electronic Communication Network) accounts types;
- Equinix NY4 data center provides fast order execution;
- PAMM and MAM accounts for generating passive income;
- ASIC regulation ensures client funds protection;
- Support for copy trading and expert advisors (EAs);
- Instant deposits and fast withdrawals.
- High initial deposit;
- No educational materials for novice traders.
TU Expert Advice
Financial expert and analyst at Traders Union
Synergy Markets is an international broker offering access to a wide range of financial instruments, including currency pairs, stocks, indices, and commodities. Powered by MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the platform provides a user-friendly trading experience for both novice and experienced traders.
With its STP (Straight Through Processing) model and ECN account types, Synergy Markets ensures fast order execution and competitive pricing by providing direct market access. The broker's infrastructure, located in Equinix NY4, further enhances trading performance.
For those seeking passive income, Synergy Markets offers PAMM, MAM accounts, and EAs, enabling investors to entrust their capital to experienced traders or automate their strategies.
Synergy 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 and MT5 |
|---|---|
| 📊 Accounts: | Standard (STPECN Account-MT4), ECN (ZeroECN Account-MT4 and PureECN Account-MT4), and Xchange Account-MT5 |
| 💰 Account currency: | USD, EUR, AUD, GBP, and JPY |
| 💵 Deposit / Withdrawal: | Visa, Mastercard, Skrill, UnionPay, and bank transfers |
| 🚀 Minimum deposit: | $100 |
| ⚖️ Leverage: | Up to 1:500 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 for Forex, and 0.1 for metals |
| 💱 EUR/USD spread: | 0,1 pips |
| 🔧 Instruments: | Forex and CFDs on metals, indices, energies, and stocks |
| 💹 Margin Call / Stop Out: | 100%/50% |
| 🏛 Liquidity provider: | Over 20 major banks |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Hedging and scalping are allowed |
| 🎁 Contests and bonuses: | No |
The broker offers a diverse range of account types to suit different trading styles and experience levels. While the minimum deposit is $100, Standard accounts require an initial funding of $500, and ECN accounts require $1,000. The broker supports various trading strategies, including algorithmic and copy trading.
Synergy Markets Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Trading Account Opening
To open an account with Synergy Markets, fill in a dedicated form and follow these simple steps:
Register on the broker’s website to create a user account.
Confirm your trading experience, including margin trading, by completing a short questionnaire.
Confirm your identity by providing scanned copies of your ID and payment documents.
Regulation and safety
Synergy 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
Synergy 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 |
Synergy Markets Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | No |
Commissions and fees
The trading and non-trading commissions of broker Synergy Markets have been analyzed and rated as Medium with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No inactivity fee
- Above-average Forex trading fees
- Deposit fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Synergy 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, Synergy 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.
Synergy Markets Standard spreads
| Synergy 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 | 1,3 | 0,4 | 0,1 |
| GPB/USD max, pips | 2,0 | 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.
Synergy Markets RAW/ECN spreads
| Synergy Markets | Pepperstone | OANDA | |
| Commission ($ per lot) | 3,5 | 3 | 3,5 |
| EUR/USD avg spread | 0,1 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,3 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Synergy Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Synergy Markets Non-Trading Fees
| Synergy Markets | Pepperstone | OANDA | |
| Deposit fee, % | 0-1 | 0 | 0 |
| Withdrawal fee, % | 0-3 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
Synergy Markets offers a range of account types for MT4 and one account type for the MT5 trading platform. Demo accounts are available.
Account types:
Deposit and withdrawal
Synergy Markets received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
Synergy Markets offers limited payment options and accessibility, which may impact its competitiveness.
- Supports 5+ base account currencies
- Bank card deposits and withdrawals
- Minimum deposit below industry average
- Bank wire transfers available
- Limited deposit and withdrawal flexibility, leading to higher costs
- USDT payments not accepted
- Wise not supported
What are Synergy Markets deposit and withdrawal options?
Synergy Markets offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire, Skrill. This limitation may restrict flexibility for users, making Synergy Markets less competitive for those seeking diverse payment options.
Synergy Markets Deposit and Withdrawal Methods vs Competitors
| Synergy 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 Synergy Markets base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Synergy Markets supports the following base account currencies:
What are Synergy Markets's minimum deposit and withdrawal amounts?
The minimum deposit on Synergy 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 Synergy Markets’s support team.
Markets and tradable assets
Synergy Markets offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 50 Forex pairs.
- 50 supported currency pairs
- Indices trading
- Limited asset selection
- Crypto trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by Synergy Markets with its competitors, making it easier for you to find the perfect fit.
| Synergy Markets | Plus500 | Pepperstone | |
| Currency pairs | 50 | 60 | 90 |
| Total tradable assets | 2800 | 1200 | |
| Stocks | Yes | Yes | Yes |
| Commodity futures | No | Yes | Yes |
| Crypto | No | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products Synergy Markets offers for beginner traders and investors who prefer not to engage in active trading.
| Synergy 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
Synergy Markets’ support is available from 09:00 to 18:00 AEST Monday through Friday.
Advantages
- Visit to Australian offices
- Support is available in Chinese and English
Disadvantages
- No live chat
- Limited availability
Available communication channels include:
-
Email;
-
Phone;
-
Feedback form.
Contacts
| Registration address | FL 65 SE 6503, 19 Martine PL, Sydney, NSW 2000 |
|---|---|
| Regulation |
ASIC
Licence number: ACN: 663 617 212 |
| Official site | https://www.synergymarkets.com.au/ |
| Contacts |
+61 2 9188 2999
|
Education
Currently, Synergy Markets does not provide any educational materials except a demo account. The broker plans to add useful content for novice traders to the section with market analytics.
Comparison of Synergy Markets with other Brokers
| Synergy Markets | Eightcap | XM Group | RoboForex | VT Markets | FBS | |
| Trading platform |
MT4, MT5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader4, MetaTrader5, VT Markets App, Web Trader+ | MT4, MobileTrading, MT5, FBS app |
| Min deposit | $100 | $100 | $5 | $10 | $50 | $5 |
| Leverage |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | Yes | No |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 1 point |
| Level of margin call / stop out |
100% / 50% | 80% / 50% | 100% / 50% | 60% / 40% | No / 50% | 40% / 20% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | No | No |
Detailed Review of Synergy Markets
Through its STP execution model, Synergy Markets offers traders direct access to the interbank market, ensuring instant order execution without any manual intervention or price manipulation. With ECN technology, the broker aggregates liquidity from 20 top-tier banks, offering the most competitive pricing and instant order execution.
Synergy Markets’ trading platforms:
-
MetaTrader 4. This is the main platform for trading CFDs and Forex through desktop, mobile, and browser versions. EAs are allowed.
-
MetaTrader 5. This platform, available only to clients of ACY Securities, supports a wider range of trading instruments, like CFDs on stocks.
Synergy Markets by the numbers:
-
Spreads start from 0 pips for major currency pairs;
-
Liquidity is provided by over 20 major banks;
-
4 account types;
-
100+ trading instruments, including currency pairs, stocks, indices, metals, and commodities;
-
The average execution speed through Equinix NY4 is up to 30 ms;
-
5 account currencies.
Useful services offered by Synergy Markets:
-
Trading Forex and CFDs on metals, commodities, and stocks;
-
Access to ECN account types with tight spreads;
-
Availability of PAMM and MAM accounts;
-
Copy trading;
-
Automated trading with EAs;
-
Real-time market data and analytics.
Promotions and bonuses:
-
No
Advantages:
Competitive trading conditions with fast order execution;
Support for diverse assets, including currencies, commodities, stocks, and indices;
Advanced technologies to minimize latency and slippage;
Multi-currency account options;
Tight spreads starting from 0 pips.
Articles that may help you
Check out our reviews of other companies as well
User Satisfaction i