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Score
Saint Vincent and the Grenadines
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
No valid regulatory information, please be aware of the risk
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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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Markets TradeReview Summary | |
Founded | 2023 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | No regulation |
Market Instruments | Indices, stocks, commodities, bonds, and cryptos |
Demo Account | ✅ |
Leverage | / |
Spread | / |
Trading Platform | MT5 |
Minimum Deposit | $500 |
Customer Support | Email: support@marketstrade.co.uk |
Address: C/o Sphere Management Ltd, Suite 403, 4th Floor, The Catalyst Building, Cybercity, Ebene, Mauritius |
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.
Pros | Cons |
MT5 available | Unregulated |
Commission free | Only email support |
Demo account available | Unclear swap fee |
Various tradable instruments | Short establishment time |
Markets Trade is not regulated, making it less safe than regulated brokers.
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 | ❌ |
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 | Demo | Basic | Prime | Elite |
Minimum Deposit | Free | $500 | $2000 | $10000 |
The commission is 0, and the spread is not clear.
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 Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | PC, Web, Mobile | Experienced traders |
MT4 | ❌ | / | Beginners |
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.
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