MARKETRIP Spreads, leverage, minimum deposit Revealed

　　Note: MARKETRIP's official website:https://www.marketrip.co/ is currently inaccessible normally.

MARKETRIP Information

　　MARKETRIP was established in the United Kingdom. It provides various instruments including CFDs on FX pairs and indices, commodities, precious metals, stocks and cryptocurrencies.

Pros and Cons

Is MARKETRIP Legit?

　　MARKETRIP's current regulatory status: Unregulated.

What Can I Trade on MARKETRIP?

　　You can trade dozens of products including CFDs on FX pairs and indices, commodities, precious metals, stocks and cryptocurrencies.

Account Type

　　MARKETRIP provides 6 real accounts:Basic, VIP -Invitation only, Diamond, Platinum, Gold, Silver.

MARKETRIP Fees

• Maximum Leverage:

　　Clients can experience leverage of 1:100 on Basic accounts, 1:200 on Silver accounts, up to 1:300 on GoldorPlatinum accounts, and up to 1:400 on Diamond or VIP accounts.

• Spread:

　　We tested on MARKETRIPs web trading platform and found that the spread on the EUR/USD currency pair was fixed at 3 pips. MARKETRIP also charges some other fees.

• Charge:

　　If a trader does not trade for 45 days, the broker will charge a monthly inactivity fee of $100. Additionally, there is an additional $100 fee for traders who use automated trading software but do not trade up to a certain volume.

Trading Platform

　　MARKETRIP says it offers traders two options: Metatrader4 and a web-based platform. However, we only have access to web-based trading platforms.

Deposit and Withdrawal

　　MARKETRIP accepts deposits via credit/debit cards such as Visa and MasterCard. The minimum deposit is $250. Please note that there is a $25 fee per transfer, and withdrawals via credit card will be subject to a 3.5% fee, which is Visa/MasterCard's standard processing rate.

　　Deposit Options

　　Withdrawal Options