Athens Markets is a platform that claims to offer forex trading services, with its domain established on July 3, 2021. Currently, we have not found any registration information for this company. Additionally, the platform has not disclosed any regulatory information, increasing the risk for investors. The official website of Athens Markets is: https://athensmarkets.co/
Background of Athens Markets:
The domain of Athens Markets was established on July 3, 2021. So far, we have not found any registration information for this company.
Regulatory Information of Athens Markets:
The platform claims to be operated by Athens Markets Ltd but has not disclosed any regulatory information for user verification, posing significant risk. It is highly advised not to deposit funds or engage in trading.
Account Registration Process of Athens Markets:
- Visit the Athens Markets website and click on the register button
- Fill in the application form
- Submit identity verification documents
- Deposit funds and start trading
Account Types at Athens Markets:
Athens Markets offers two types of accounts:
Athens Standard and Athens Pro.
Athens Standard
Spread: Starting from 0.01 pips
Commission: Fixed charge
Suitable for: Traders who prioritize low-cost trading
Athens Pro
Spread: Starting from 0.01 pips
Commission: Zero commission
Suitable for: Beginners who do not wish to pay commissions
Both account types support hedging and EA trading. Additionally, Athens Markets offers demo accounts, allowing traders to practice with virtual funds before engaging in real money trading. However, Athens only provides these two account types, which may not suit traders with more specific needs.
Trading Software of Athens Markets:
Athens Markets offers the MT4 and MT5 trading platforms, with plans to integrate TradingView. MT4 and MT5 come with advanced charting and analysis tools. Athens Markets does not offer proprietary platforms, mobile apps, or web-based platforms, and its chart customization and educational resources are limited. Overall, these platforms are suitable for traders who prefer using MT4 or MT5.
Trading Products of Athens Markets:
Athens Markets primarily claims to offer forex trading services. However, the official website does not provide a detailed product information page, lacking specific descriptions of trading products and services. This information gap could raise concerns about the platform's transparency and credibility among potential investors. As a forex broker, detailed product information is crucial in evaluating the quality and reliability of its services. Investors should exercise caution and thoroughly investigate the specific trading products and conditions offered by Athens Markets before trading.
What are the Spreads, Leverages, and Commissions at Athens Markets?
The Athens Market website has not disclosed details regarding spreads, trading leverage, trading commissions, minimum/maximum trading volume, maximum position/order size, margin call/stop-out levels, minimum price increment, and contract size related to trading accounts.
Deposit and Withdrawal Methods at Athens Markets:
Athens Markets has not detailed its deposit and withdrawal methods on the official website. Typically, traders may be able to use various common payment methods for deposits and withdrawals, including bank transfers, credit cards, and e-wallets.
Customer Support of Athens Markets:
Email: support@athensmarkets.co
Conclusion:
The lack of transparency and regulatory information about Athens Markets brings considerable uncertainty for potential investors. Although the platform provides some standard trading tools and account types, it has numerous shortcomings in crucial details and customer protection. Investors should act with caution, ensuring a thorough understanding and investigation of the platform before choosing to trade with Athens Markets, as it is flagged as "Suspected Fraud" on TraderKnows.
