Score

1.37 /10
Danger

Markets Trade

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.89

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Astra Trading LLC

Company Abbreviation

Markets Trade

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-09-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Markets Trade · Company summary
Markets TradeReview Summary
Founded2023
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsIndices, stocks, commodities, bonds, and cryptos
Demo Account
Leverage/
Spread/
Trading PlatformMT5
Minimum Deposit$500
Customer SupportEmail: support@marketstrade.co.uk
Address: C/o Sphere Management Ltd, Suite 403, 4th Floor, The Catalyst Building, Cybercity, Ebene, Mauritius

Markets Trade Information

Markets Trade was registered in Saint Vincent and the Grenadines. The tradable instruments include indices, stocks, commodities, bonds, and cryptos. The broker also provides four accounts. The commission is 0, and the minimum deposit is $500. However, Markets Trade is still risky due to its unregulated status.

Markets Trade Information

Pros and Cons

Pros Cons
MT5 availableUnregulated
Commission freeOnly email support
Demo account availableUnclear swap fee
Various tradable instrumentsShort establishment time

Is Markets Trade Legit?

Markets Trade is not regulated, making it less safe than regulated brokers.

license
domain

What Can I Trade on Markets Trade?

Markets Trade offers a wide range of market instruments, including indices, stocks, commodities, bonds, and cryptos.

Tradable Instruments Supported
Indices
Commodities
Stocks
Cryptos
Bonds
Forex
Futures
ETFs
Mutual Funds
assets

Account Type

Markets Trade has four account types: demo, basic, prime, and elite. Traders with a sufficient budget can open an elite account, while those with a small budget can open a basic account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type DemoBasicPrimeElite
Minimum DepositFree$500$2000$10000
Account Type

Markets Trade Fees

The commission is 0, and the spread is not clear.

Trading Platform

Markets Trade cooperates with the authoritative MT5 trading platform available on PC, tablet(Web), and mobile(iOS/Android) to trade. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT5PC, Web, MobileExperienced traders
MT4/Beginners
Trading Platform

Deposit and Withdrawal

The minimum deposit is $100/€100/£100. Markets Trade accepts Credit, Debit card (Visa, MasterCard), and Wire Transfer for deposit and withdrawal. The time it takes for funds to appear in traders' accounts is dependent on the payment option used: Credit / Debit Cards take approximately 24 hours to process (from time of receipt), and Wire Transfer Deposits take approximately 1 to 2 business days to process (from time of receipt). The associated fees are free of charge.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

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Comments

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FX3773893677
more than one year
Nạp rút ok phí rẻ
Nạp rút ok phí rẻ
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2024-04-18 15:15
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Charmaine T
more than one year
I deposited funds through cryptocurrency in November 2023, but the money hasn't shown up in my Markets Trade account yet. Despite sending them a copy of the payment proof via email, nothing has happened. They keep asking for the same information over and over again.
I deposited funds through cryptocurrency in November 2023, but the money hasn't shown up in my Markets Trade account yet. Despite sending them a copy of the payment proof via email, nothing has happened. They keep asking for the same information over and over again.
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2024-01-10 17:26
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