Dow500 is a Vanuatu-based online trading broker that operates the STP execution, which ensures rapid trade execution speeds. The broker provides their clients with the ever-popular and sophisticated MetaTrader 4 trading platform for online trading of multiple financial instruments across different asset classes, including forex currency pairs, commodities, stocks, indices, and CFDs. There are multiple account options with a required minimum deposit starting from $1, and a leverage of up to 1:400. Clients are also provided with useful trading tools and educational resources to aid their trading.
Dow500 Review Introduction
In this Dow500 review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Dow500.
Dow500 Platforms & Tools
Dow500 provides traders with the highly advanced MetaTrader 4 trading platform, which was built in 2005 by the Russian software company, MetaQuotes. The platform has an intuitive and user-friendly interface, which makes it a platform of choice for beginner traders, but it also has many advanced tools used by experienced traders. It offers flexibility, scalability, and advanced technical and analytical tools, along with automated trading capabilities. The MT4 is available as a desktop application for Windows and Mac computers, a web version, and a mobile app for Android and iOS devices, which can be downloaded from the respective app stores.
The MT4 trading platform has a vast array of built-in tools. Nevertheless, the broker gives traders access to some useful trading tools to enhance their trading experience. These include interactive charts, technical indicators, and algorithmic trading tools.
Dow500 Research & Education
Dow500 provides traders with a wealth of educational materials, including valuable market research, live streaming data, and in-depth analysis, to improve traders’ skills and knowledge.
Dow500 Trading Accounts
The broker offers a choice of different account types to choose from. They include Basic, Advanced, Professional, and Premium Accounts. All the accounts offer a range of useful trading features. Demo accounts are also available; they are mostly recommended for beginner traders to try out the broker’s platform and practice risk-free trading with virtual funds before opening a live trading account.
Dow500 Account Funding
The following account funding and withdrawal methods are acceptable at Dow500:
- eWallets — such as Yandex, Webmoney, and QIWI.
- Credit/Debit Cards — including Visa, MasterCard, and Maestro.
- Fast bank transfer
- Wire transfer
The time it takes for transactions to be processed is dependent on the payment provider or method.
Dow500 Customer Service
The broker offers a professional customer support team that is on hand 24/7 to give knowledgeable answers to clients’ general, technical, or account-based inquiries. However, the support team can only be reached via email. There is no telephone or online live chat function on the broker’s website.
Dow500 is a trading name of Turbo Trading Limited, a company registered in the Republic of Vanuatu. The broker claims to adhere strictly to European regulations.
Dow500 Review Summary
Dow500 is a trading broker that offers online trading of multiple tradable assets via the MT4 platform. There are trading tools, educational resources, and multiple account options available to clients. There are also multiple account options available to clients. However, the broker lacks adequate regulation and therefore cannot offer investors the same protections that a regulated broker can.
It is worth mentioning that some of the trading products and services in this Dow500 review may differ or not be available to traders in some countries due to regulations. As broker’s terms can change over time, please verify all information is up to date directly from the Dow500 broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.