Synergy Markets were established in 2018. The owner of the brokerage firm is the ACY capital group. The headquarters are in Australia. However, relatively new in the business, Synergy markets have established a name for itself.
You can find our transparent Synergy Markets review below. Broker reviews are updated frequently!
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It works under the regulation of the Australian Securities and Investments Commission (ASIC). When a government-backed agency regulates a brokerage firm, the credibility increases two folds.
Synergy Markets provide several deposit options to its clients. They offer bank transfers, Skrill, VISA, Mastercard and UnionPay. You can choose what best suits you.
Along with it, the broker offers all the major account currencies. You can trade in USD, AUD, EUR and GBP.
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The lowest spread for Synergy Markets is 0.0 pips on EUR/USD. Maximum leverage is up to 1:500. The minimum deposit for opening an account is 100USD. On top of that, Synergy Markets offers a 10% deposit bonus.
The broker offers over 50 different trading instruments that include Forex, crypto and commodities.
Moreover, Synergy Market has several account options as well. Traders can choose between Standard, ECN and pure ECN accounts. Demo accounts to practice trading in real time are available as well.
Pros
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Offers MT5 platform
Cons
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No FSCA Regulation
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No ZAR Account Currency
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Another one of its many features is the multiple trading platforms service. For example, the Synergy Market offers trading through MT4 and MT5.
MetaTrader 4 is the most preferred option among traders. Its successor, MT5, is fairly reliable too.
Another feather in the cap for Synergy Markets is its 24/7 support service. Customers can contact the support staff via email, telephone or live chat. In addition, the website provides services in English and Chinese language.
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Synergy Markets were established in 2018. The owner of the brokerage firm is the ACY capital group. The headquarters are in Australia. However, relatively new in the business, Synergy markets have established a name for itself.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 15+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst
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