User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
No Regulation
Score
1.39 /10
Danger
MarketsTradeFX
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.05
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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
open now
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
Previous Detection :
2024-11-17
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| MarketsTradeFXReview Summary | |
| Founded | 2017-12-27 |
| Registered Country/Region | Spain |
| Regulation | No Regulation |
| Market Instruments | Cryptocurrency, Stocks, Futures, Forex |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:1000 |
| Spread | Start from 0.0 pips |
| Trading Platform | WebTrader |
| Min Deposit | $ 200 |
| Customer Support | Phone: +3-491-1238129; +7-495-1090758. |
| Email:support@marketstradefx.com (free consult, from 8:00am- 6:00pm, Mon-Fri);webinar@marketstradefx.com; | |
MarketsTradeFX Information
MarketsTradeFX is based in Spain and was founded in 2017-12-27. This broker offers many tradable assets, including Cryptocurrency, Stocks, Futures, Forex. It also provides leverage up to 1:1000 and three account types to choose.
Pros and Cons
| Pros | Cons |
| Offers various trading assets | Not regulated |
| Provides account types that cater to the needs of traders | Limited info on deposit/ withdrawal |
| No commissions | Limited security measures on trading platform |
| Offers a competitive leverage of 1:1000 |
Is MarketsTradeFX Legit?
MarketsTradeFX is not regulated. Traders should be cautious and consider alternatives when trading.
The domain was founded in 2017 and is now client Delete Prohibited.
What Can I Trade on MarketsTradeFX?
Traders can trade cryptocurrencies with popular options such as Bitcoin, Ethereum and other digital assets that can be used for trading.
In addition, MarketsTradeFX offers various selection of stocks, which ensure traders to invest in. MarketsTradeFX also offers futures contracts for different underlying assets, offering the opportunity to speculate on price changes and manage risk.
Additionally, the Forex market is easily accessible, allowing traders to trade easily.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Crypto | ✔ |
| CFD | ❌ |
| Futures | ✔ |
| Stock | ✔ |
| ETF | ❌ |
| Options | ❌ |
Account Types
MarketsTradeFX offers some account types tailored to satisfy users need.
The Start Account is designed for beginners or traders who want to start with a lower initial deposit, with a minimum deposit requirement of USD 200.
The Master Account is suited for intermediate traders, requiring a minimum deposit of USD 1,000.
The VIP Account is designed for experienced and high-volume traders, with a minimum deposit of USD 10,000.
The PAMM Account requires a minimum deposit of USD 50,000.
At MarketsTradeFX, traders can also open swap-free accounts, known as Islamic accounts. These accounts are designed to meet the needs of traders who follow Islamic principles, which prohibit the payment or receipt of interest.
| Feature | Start | Master | VIP | PAMM | Islamic |
| Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 |
| Spreads | Start from 0.0 pips | Start from 0.0 pips | Start from 0.0 pips | Start from 0.0 pips | Start from 0.0 pips |
| Commissions | None | None | None | None | None |
| Minimum Deposit | $200 | $1,000 | $1,0000 | $50,000 | |
| Trading Tools | WebTrader | WebTrader | WebTrader | WebTrader | WebTrader |
Leverage
The maximum leverage offered by MarketsTradeFX is up to 1:1000.
MarketsTradeFX Spreads
In all accounts, the spread of major currency pairs such as EUR/USD starts from 0.0 pips.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what Investor |
| Web Trader | ✔ | Web browser, Windows desktop, iOS device, and Android smartphone | Investors of all experience levels |
| MetaTrader 4 | ❌ | ||
| MetaTrader 5 | ❌ |
Deposit and Withdrawal
The minimum deposit amount required to open a trading account with MarketsTradeFX is $200 for Start accounts, $1,000 for Master accounts, $10,000 for VIP account and $50,000 for PAMM accounts.
start to write first comment