Focus Markets Review 2026: A Comprehensive Analysis of This ASIC-top forex brokers
Finding a trustworthy broker in the crowded CFD trading space can feel like searching for a needle in a haystack. With countless options promising the world but delivering little more than frustration, traders need honest, detailed assessments before committing their hard-earned capital. That’s exactly what this Focus Markets review aims to provide.
Focus Markets is an Australian-based CFD broker that has been operating since 2019, offering traders access to over 1,000 tradable instruments across forex, indices, commodities, stocks, and cryptocurrencies. Regulated by the Australian Securities and Investments Commission (ASIC) under licence number 514425, this broker has positioned itself as a viable option for forex trading signals with the security of a top-tier regulatory framework.
In this exhaustive review, we’ll examine every critical aspect of Focus Markets—from account types and platform options to fees, customer support, and everything in between. Whether you’re a seasoned trader or just starting your trading journey, this analysis will give you the clarity you need to determine whether Focus Markets deserves a place in your trading arsenal.
Who Is Focus Markets?
Focus Markets Pty Ltd was established in 2019 and is headquartered in Australia. The company operates under dual regulatory oversight: the Australian entity is regulated by ASIC, while a separate entity—Focus Markets LLC—is incorporated in Saint Vincent and the Grenadines (SVGFSA). This dual-structure approach is common among brokers seeking to serve bothTier-1 regulated clients and those in regions where ASIC regulation doesn’t apply.
The ASIC-regulated entity (Focus Markets Pty Ltd) operates under licence number 514425, which requires compliance with stringent Australian financial services laws. This includes maintaining segregated client funds, providing negative balance protection, and adhering to Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.
It’s worth noting that Spain’s National Securities Market Commission (CNMV) has issued a warning regarding Focus Markets LLC, the SVG-registered entity. This serves as an important reminder that regulatory protection varies depending on which entity you sign up with. Traders should verify which entity will serve their account during the registration process and ensure it is authorized to operate in their jurisdiction.
For traders prioritising maximum regulatory protection, the ASIC-regulated entity offers significantly stronger investor safeguards compared to the SVG entity. The Australian financial regulator is widely regarded as one of the most stringent and consumer-focused regulators globally, providing peace of mind that simply isn’t available with offshore alternatives.
Regulation and Security: How Safe Is Your Money?
When evaluating any broker, security should always be your primary concern. After all, even the best trading conditions mean nothing if you can’t trust that your funds are safe. Let’s examine how Focus Markets handles client protection.
ASIC Regulation: The Gold Standard
The Australian Securities and Investments Commission is widely considered one of the world’s most respected financial regulators. Operating under ASIC licence 514425 means Focus Markets must adhere to rigorous compliance standards, including:
- Client Money Segregation: Client funds must be held in separate trust accounts, completely segregated from the broker’s operational funds. This ensures that even in the unlikely event of broker insolvency, client money remains protected.
- Negative Balance Protection: Focus Markets provides negative balance protection, meaning you cannot lose more than your account balance. This crucial safeguard prevents the catastrophic losses that can occur with high-leverage trading.
- Capital Requirements: ASIC-licensed brokers must maintain adequate capital reserves to cover operational risks and protect clients.
- Regular Audits: ASIC requires ongoing compliance reporting and audits, ensuring brokers maintain their standards.
For traders in Europe, the UK, or Australia, the ASIC regulation provides a level of comfort that’s difficult to match. However, it’s essential to understand that traders signed up under the SVG entity won’t benefit from the same level of protection.
SVG Entity: Proceed with Caution
The Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) operates a much lighter regulatory framework compared to ASIC. While Focus Markets LLC is registered to operate in SVG, the regulatory oversight is significantly less stringent. This means:
- Limited compensation schemes in case of disputes
- Less rigorous capital requirements
- Fewer investor protection mechanisms
During our account opening process, we noted that the entity serving your account is displayed in the client area. We strongly recommend confirming you’re being served by the ASIC-regulated entity if regulatory protection is important to you.
Trading Platforms: What’s Available?
One of the most significant considerations when choosing a broker is the trading platform. After all, this is where you’ll spend countless hours analysing charts, executing trades, and managing your positions. Focus Markets offers a focused (no pun intended) platform selection.
MetaTrader 5: The Only Option
Focus Markets exclusively offers MetaTrader 5 (MT5), with no support for MT4, cTrader, TradingView, or any proprietary platform. This is a notable limitation that potential users should be aware of.
MT5 is a powerful, professional-grade platform that offers:
- Advanced Charting: 21 timeframes, 80+ technical indicators, and comprehensive drawing tools
- Depth of Market (DOM): View market liquidity and order book depth for better execution planning
- Multiple Order Types: Support for market, limit, stop, stop-limit, and trailing stop orders
- Algorithmic Trading: Full support for Expert Advisors (EAs) and automated trading strategies
- Built-in Economic Calendar: Stay informed about fundamental events affecting your trades
- Multi-Currency Strategy Tester: Test and optimise trading algorithms with historical data
The platform is available across multiple devices:
- Desktop: Windows and macOS applications for comprehensive analysis
- WebTrader: Browser-based trading without software installation
- Mobile: iOS and Android apps for trading on the go
What MT5 Does Well
During our testing, Focus Markets’ MT5 implementation performed admirably. Trade execution was consistently fast, with minimal slippage even during volatile market conditions. The platform’s interface is clean and intuitive, making navigation between charts, orders, and account information straightforward.
The Depth of Market feature proved particularly useful for assessing market liquidity before entering large positions. Combined with the clear risk/reward ratio display in the order window, traders can make more informed decisions about position sizing and stop-loss placement.
Platform Limitations
However, the platform offering does have drawbacks:
- No MT4 Support: Traders who prefer MT4’s simpler interface or have existing MT4 Expert Advisors will need to adapt to MT5
- No cTrader: Popular among professional traders for its superior charting and one-click trading, cTrader is not available
- No TradingView Integration: Traders who prefer TradingView’s modern, social trading features will need to look elsewhere
- No Proprietary Platform: Unlike brokers like IG or CMC Markets, there’s no custom-designed platform optimised for beginners
If platform choice is critical to your trading strategy, you may want to consider alternatives like Eightcap, which offers both MT4 and MT5 alongside TradingView integration.
Account Types and Pricing Structure
Focus Markets keeps its account offerings straightforward with two distinct options designed to suit different trading styles and preferences.
Standard Account
The Standard account is designed for traders who prefer an all-inclusive pricing model:
- Spreads: Starting from 1.0 pips on major forex pairs
- Commission: None—all costs are built into the spread
- Minimum Deposit:
- Minimum Trade Size: 0.01 lots
- Maximum Leverage: Up to 1:500
This account type is particularly suitable for:
- Beginner traders who want simplicity
- Traders who prefer knowing their total trading cost upfront
- Those who trade less frequently and won’t benefit from raw spreads
Raw Account
The Raw account targets experienced traders seeking the tightest possible spreads:
- Spreads: Starting from 0.0 pips on major forex pairs
- Commission: .50 per standard lot per side ( round trip)
- Minimum Deposit:
- Minimum Trade Size: 0.01 lots
- Maximum Leverage: Up to 1:500
This account type is ideal for:
- Scalpers and high-frequency traders
- Traders who prioritize tight spreads over commission simplicity
- Those trading large volumes where the spread savings add up
Account Comparison
Here’s how the two accounts compare side-by-side:
| Feature | Standard Account | Raw Account |
|---|---|---|
| Spreads From | 1.0 pips | 0.0 pips |
| Commission | None | .50/lot/side |
| Min Deposit | ||
| Leverage | Up to 1:500 | Up to 1:500 |
| Min Trade Size | 0.01 lots | 0.01 lots |
Base Currency Options
Focus Markets supports an impressive range of base currencies, including:
- Australian Dollar (AUD)
- US Dollar (USD)
- British Pound (GBP)
- Euro (EUR)
- Canadian Dollar (CAD)
- New Zealand Dollar (NZD)
- Japanese Yen (JPY)
- Singapore Dollar (SGD)
This extensive selection allows traders to avoid currency conversion fees when funding accounts in their local currency—a significant advantage for international traders.
Demo Account
Focus Markets offers a demo account with up to ,000 in virtual funds, allowing traders to test the platform and strategies risk-free. However, we noted that demo accounts expire after 30 days by default—somewhat restrictive compared to competitors offering unlimited demo accounts. You can contact support to request a non-expiry demo, though this adds an extra step to the process.
Trading Instruments and Asset Selection
Focus Markets provides access to over 1,000 CFD instruments across multiple asset classes. Let’s break down what’s available.
Forex Trading
Focus Markets offers 50+ currency pairs, covering:
- Major Pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD, NZD/USD
- Minor Pairs: EUR/GBP, EUR/CHF, AUD/JPY, EUR/AUD, GBP/JPY, and numerous others
- Exotic Pairs: USD/SGD, USD/HKD, EUR/TRY, USD/MXN, and other emerging market currencies
The forex offering is comprehensive, providing ample opportunities for traders focusing on currency markets. Major pairs typically offer the tightest spreads, particularly on the Raw account.
Stock CFDs
With 650+ stock CFDs available, Focus Markets provides access to major global equity markets:
- US Stocks: Apple, Microsoft, Amazon, Meta, Tesla, NVIDIA, and hundreds more
- UK Stocks: HSBC, BP, Shell, Vodafone, and other London-listed companies
- European Stocks: German, French, and other European equities
Stock traders can speculate on price movements without owning the underlying shares, benefiting from the flexibility of CFD trading including leverage and the ability to go long or short.
Index Trading
Focus Markets offers 8+ global indices:
- US 500 (S&P 500)
- US 30 (Dow Jones)
- US 100 (NASDAQ)
- UK 100 (FTSE 100)
- Germany 40 (DAX 40)
- Europe 50
- Japan 225 (Nikkei 225)
- Australia 200
Indices provide excellent opportunities for traders seeking exposure to broader market movements without trading individual stocks.
Commodity Trading
While Focus Markets’ commodity offering is more limited than some competitors, you can trade:
- Precious Metals: Gold, Silver, Platinum, Palladium
- Energy: Crude Oil (WTI and Brent), Natural Gas
The selection is relatively modest at just 4+ commodities. Traders looking for soft commodities like wheat, corn, or coffee will need to look elsewhere.
Cryptocurrency Trading: A Strong Point
This is where Focus Markets truly shines. With 90+ cryptocurrency derivatives, they offer one of the largest crypto selections among MT5 brokers globally:
- best bitcoin brokers (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Litecoin (LTC)
- Cardano (ADA)
- Solana (SOL)
- Polkadot (DOT)
- And many more…
For traders interested in digital assets, this extensive selection is a significant advantage. Crypto CFDs allow you to trade with leverage without needing to hold actual cryptocurrencies, simplifying the trading process while maintaining exposure to crypto price movements.
Spreads, Commissions, and Fees: The Bottom Line
Understanding the complete cost structure is essential for calculating your true trading profitability. Let’s examine Focus Markets’ pricing in detail.
Typical Spreads
Based on our testing and market data, here are typical spreads you can expect:
| Instrument | Standard Account | Raw Account |
|---|---|---|
| EUR/USD | 1.0 pips | 0.0 pips |
| GBP/USD | 1.2 pips | 0.2 pips |
| USD/JPY | 0.9 pips | 0.1 pips |
| AUD/USD | 1.1 pips | 0.2 pips |
| US 500 (S&P 500) | 1.5 points | 0.5 points |
| Germany 40 (DAX) | 2.0 points | 1.0 points |
| Gold | 2.5 pips | 1.0 pips |
| Crude Oil | 3.0 pips | 1.5 pips |
The Raw account offers highly competitive spreads, particularly on major forex pairs where you can access true raw spreads starting from 0.0 pips.
Commission Structure
For Raw account holders, the commission is .50 per standard lot per side ( round trip). This is competitive with industry leaders like IC Markets and Eightcap review.
To put this in perspective, if you trade 10 standard lots per month on the Raw account, your total commission would beper month—or approximately ,200 annually.
Deposit and Withdrawal Fees
Focus Markets does not charge internal fees for deposits or withdrawals. However, be aware that:
- International Bank Transfers: Intermediary banks may charge approximatelyfor international wire transfers
- Cryptocurrency Transactions: Network fees apply for BTC and USDT deposits
- E-wallet Transfers: Generally fee-free, though your e-wallet provider may charge
No Inactivity Fees
One notable advantage is that Focus Markets does not charge inactivity fees. Unlike many brokers who penalise dormant accounts, you can maintain your Focus Markets account without worrying about monthly or annual dormant account charges. This is particularly valuable for traders who trade seasonally or take extended breaks from trading.
Other Potential Costs
Be aware of these additional costs:
- Overnight Rollover (Swap): Positions held past the daily close will incur swap charges, which can be positive or negative depending on the interest rate differential
- Guaranteed Stop Losses: If offered, these typically carry an additional premium
Leverage: Power and Risk
Focus Markets offers leverage up to 1:500, which is among the highest available to retail traders. While this provides significant buying power, it also amplifies both profits and losses.
Understanding Leverage
With 1:500 leverage, you can control a ,000 position with justof margin. However, this means a 1% adverse move could result in a 50% loss of your capital—or more if the move is larger.
Regional Restrictions
It’s important to note that leverage limits vary by jurisdiction:
- Australia: ASIC has implemented restrictions on CFD leverage (maximum 1:30 for retail clients)
- European Union: ESMA limits retail leverage to 1:30 for major forex pairs
- Other Regions: May have access to higher leverage depending on local regulations
Traders should check their local regulations to understand applicable leverage restrictions.
Deposits and Withdrawals: Funding Your Account
Focus Markets offers a solid range of payment methods, making it relatively easy to fund your account.
Deposit Methods
| Method | Currencies | Processing | Limit |
|---|---|---|---|
| Credit/Debit Cards | AUD, USD, GBP, EUR, NZD, CAD, SGD | Instant | ,000 |
| Bitwallet | JPY | Instant | ,000 |
| Bitcoin (BTC) | BTC | Instant | ,000 |
| USDT (TRC20/ERC20) | USDT | Instant | ,000 |
| Neteller | USD, EUR, CAD | Instant | ,000 |
| Skrill | USD, EUR, CAD | Instant | ,000 |
| Bank Transfer | AUD, USD, GBP, EUR, NZD, CAD, SGD | 1-3 business days | No limit |
| BPay | AUD | 1-2 business days | ,000 |
Crypto Payments: A Standout Feature
Focus Markets’ support for cryptocurrency deposits is particularly noteworthy. The ability to deposit using Bitcoin or USDT (on both TRC20 and ERC20 networks) provides flexibility for traders who prefer digital assets or live in regions with limited traditional banking options.
Withdrawal Process
Withdrawals are processed within 1-2 business days, which is competitive with industry standards. The same methods available for deposits are typically available for withdrawals (subject to verification and anti-money laundering requirements).
Verification Requirements
To withdraw funds, you’ll need to complete the verification process, which typically includes:
- Proof of identity (passport, driver’s licence, or national ID)
- Proof of address (utility bill or bank statement within the last 3 months)
- Verification of payment method (card statements for card deposits)
Completing verification early in your trading journey is advisable to avoid delays when you want to withdraw profits.
Customer Support: When You Need Help
Reliable customer support is crucial, especially when technical issues or account questions arise. Let’s evaluate Focus Markets’ support offerings.
Support Channels
- Live Chat: Available 24/5
- Email: Support team responds within 24 hours
- Social Media: Facebook, X (Twitter), Instagram, and LinkedIn presence (though not actively maintained)
Our Support Experience
During our testing, we found the live chat feature inconsistent—attempts to connect with an agent often went unanswered, which is disappointing for a modern broker. Email support proved more reliable, with responses provided the following business day.
The support team demonstrated adequate product knowledge when they did respond, though response times were slower than we’d like to see. Compared to top-tier brokers offering 24/7 phone support and instant chat responses, there’s clearly room for improvement.
What’s Missing
Several features we’d expect from a quality broker are notably absent:
- No direct phone number for urgent issues
- No callback service
- No 24/7 support
- No weekend support
Self-Service Resources
Focus Markets provides a FAQ section covering essential topics like account setup, funding, and trading conditions. However, the educational and research resources are minimal—we’ll cover this in more detail below.
Research and Education: Materials Available
One area where Focus Markets significantly underperforms is research and education. This is a notable weakness that could impact traders, particularly beginners.
Research Tools
Focus Markets provides essentially no dedicated research resources. You won’t find:
- Daily market analysis
- Trading signals
- Economic news feeds
- Technical analysis reports
- Third-party integrations (Trading Central, Autochartist)
What you do get are basic calculators under the ‘Tools’ section in the client area:
- Margin calculator
- Profit calculator
- Pip value calculator
- Currency converter
These tools are helpful but limited compared to what leading brokers offer. Traders will need to rely on external sources for market analysis and trading ideas.
Educational Content
The education offering is equally sparse. There’s no:
- Trading tutorials or video courses
- Webinars
- Trading guides or eBooks
- Demo trading lessons
- Beginner-focused content
Beyond the FAQ section, traders are essentially left to their own devices. This makes Focus Markets less suitable for beginners who would benefit from educational resources. If learning is a priority, brokers like Eightcap or AvaTrade offer significantly more comprehensive learning materials.
Pros and Cons: The Complete Picture
Let’s summarise what we’ve learned about Focus Markets.
✓ Advantages
- ASIC Regulation: Strong regulatory oversight for Australian-registered accounts with client fund segregation and negative balance protection
- Competitive Spreads: Raw spreads from 0.0 pips on major pairs are highly competitive
- Excellent Crypto Selection: 90+ cryptocurrency CFDs—among the largest available
- No Inactivity Fees: Maintain your account without penalty during periods of inactivity
- Flexible Payment Options: Support for credit cards, e-wallets, bank transfers, and cryptocurrencies
- Multiple Base Currencies: 8 currency options reduce conversion fees
- MT5 Platform: Professional-grade platform with advanced charting and algorithmic trading support
- Dedicated Account Manager: Personal support even for standard accounts—a nice touch
✗ Disadvantages
- Limited Platform Choice: MT5 only—no MT4, cTrader, or TradingView options
- No VPS Hosting: Automated traders may need to look elsewhere for VPS services
- Limited Research: Virtually no market analysis or trading signals
- No Education: Beginners will need to look elsewhere for learning materials
- SVG Regulation Risk: Clients signed up under the SVG entity have limited regulatory protection
- Inconsistent Support: Live chat proved unreliable during testing
- No 24/7 Support: Limited support hours compared to top competitors
- Limited Commodities: Just 4+ commodities—traders seeking softs or extensive commodities need to look elsewhere
- Demo Account Expiry: 30-day default expiry is restrictive
How Focus Markets Compares to Competitors
To give you proper context, let’s see how Focus Markets stacks up against established alternatives.
Focus Markets vs Eightcap
Eightcap is an ASIC-regulated broker offering MT4, MT5, and TradingView. With competitive spreads (from 0.0 pips), 800+ instruments, and excellent crypto selection, Eightcap provides similar trading conditions with the added benefit of platform choice. Eightcap also offers Trading Central integration for traders seeking automated analysis.
Focus Markets vs IG
IG is a tier-1 regulated industry leader with 50+ years of experience. Offering 17,000+ markets, multiple platforms including its own proprietary software, and comprehensive research and education, IG represents the premium end of the market. However, this comes with higher minimum deposits and more complex pricing structures.
Focus Markets vs Vantage
Vantage offers ASIC regulation, competitive RAW spreads, and supports MT4, MT5, TradingView, and its proprietary ProTrader platform. With 1,000+ instruments and 16+ payment methods, Vantage provides greater flexibility while maintaining similar pricing to Focus Markets.
Is Focus Markets Suitable for Beginners?
The honest answer is: probably not ideal. While theminimum deposit and Standard account’s commission-free structure make it accessible, several factors make this broker better suited to experienced traders:
- No educational materials for learning the ropes
- Minimal research to help identify opportunities
- MT5’s complexity can overwhelm complete beginners
- No dedicated support for new traders
However, if you’re a self-directed learner comfortable with MT5 and capable of generating your own trading ideas, Focus Markets can work. The Standard account provides a gentle introduction to live trading without the complexity of raw spread calculations.
Focus Markets for Experienced Traders
Experienced traders, particularly those focused on crypto or forex, may find Focus Markets well-suited to their needs:
- Competitive raw spreads for cost-conscious scalpers
- Extensive crypto selection for digital asset traders
- MT5 with full EAs support for algorithmic traders
- High leverage available for qualified traders
The key is ensuring you’re comfortable with the regulatory entity serving your account and understanding the platform limitations.
Free VIP Signals: Trading with Learn2Trade
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- Gold and Index Opportunities: Trading ideas for commodities and global indices
- Technical Analysis: Detailed reasoning behind each signal, helping you understand the trade logic
- Risk Management Guidance: Proper position sizing recommendations to protect your capital
Our signals have been developed by professional traders with years of experience in the financial markets. Whether you’re trading EUR/USD or Bitcoin, you’ll receive actionable trade ideas directly to your preferred channel.
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Final Verdict: Is Focus Markets Worth Your Consideration?
Focus Markets occupies an interesting position in the broker landscape. With ASIC regulation, competitive spreads, and an excellent cryptocurrency offering, it has genuine strengths. However, the limited platform options, lack of research and education, and inconsistent customer support prevent it from competing with the very best in the industry.
Who should consider Focus Markets?
- Experienced traders seeking competitive raw spreads
- Crypto-focused traders wanting 90+ cryptocurrency CFDs
- Forex traders comfortable with MT5
- Traders who prioritise ASIC regulation
Who should look elsewhere?
- Beginners needing educational support
- Traders requiring platform variety (MT4, cTrader, TradingView)
- Those seeking comprehensive market research
- Traders preferring 24/7 support availability
At Learn2Trade, we believe Focus Markets can serve as a legitimate trading partner for experienced traders who understand their needs and can navigate the platform’s limitations. The ASIC regulation provides peace of mind, the spreads are competitive, and the crypto offering is genuinely impressive.
However, we’d recommend verifying you’re being served by the ASIC-regulated entity and ensuring Focus Markets’ platform limitations align with your trading requirements before committing your capital.
Frequently Asked Questions
Is Focus Markets regulated?
Yes, Focus Markets operates under dual regulation. Focus Markets Pty Ltd (Australian entity) is regulated by ASIC under licence number 514425. A separate entity, Focus Markets LLC, is registered in Saint Vincent and the Grenadines under SVGFSA. The ASIC entity offers significantly stronger investor protection than the SVG entity.
What is the minimum deposit at Focus Markets?
The minimum deposit at Focus Markets isfor both the Standard and Raw account types. This makes it accessible to most traders while still representing a meaningful amount to trade with.
What platforms does Focus Markets support?
Focus Markets exclusively supports MetaTrader 5 (MT5). There is no access to MT4, cTrader, TradingView, or any proprietary platform. This is a significant limitation for traders who prefer alternative platforms.
What is the difference between Standard and Raw accounts?
The Standard account charges no commission but has wider spreads (from 1.0 pips). The Raw account charges .50 per lot per side but offers tighter spreads (from 0.0 pips). High-volume traders typically benefit from the Raw account, while casual traders may prefer the simplicity of the Standard account.
Does Focus Markets charge inactivity fees?
No, Focus Markets does not charge inactivity or dormant account fees. You can maintain your account without incurring additional charges during periods when you’re not actively trading.
How long do withdrawals take at Focus Markets?
Focus Markets processes withdrawals within 1-2 business days. The actual time funds reach your account depends on your withdrawal method—e-wallets are typically fastest, while bank transfers may take 3-5 business days.
Can I trade cryptocurrencies at Focus Markets?
Yes, Focus Markets offers 90+ cryptocurrency CFDs, including Bitcoin, Ethereum, Ripple, Litecoin, Cardano, Solana, and many more. This is one of the largest crypto selections among MT5 brokers.
Is Focus Markets suitable for scalping?
Yes, Focus Markets can suit scalping strategies, particularly with the Raw account offering tight spreads and fast execution. However, be aware that high-frequency trading may trigger internal monitoring, and traders should ensure their trading style complies with the broker’s terms and conditions.
Does Focus Markets offer a demo account?
Yes, Focus Markets offers a demo account with up to ,000 in virtual funds. However, the demo account expires after 30 days by default—you’ll need to contact support to request a non-expiry version.
What leverage is available at Focus Markets?
Focus Markets offers leverage up to 1:500, though this varies by jurisdiction. Retail clients in Australia and Europe face lower leverage limits due to regulatory restrictions (1:30 in Europe for major pairs, similar restrictions in Australia).