Markets Cube Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-03-15 15:17

Abstract：Markets Cube, owned by Prisma Global Ltd, is a Forex and CFD broker registered in the Marshall Islands that is committed to providing clients with experienced, instant trading retail as well as premium service, besides, this broker has operated for no more than 5 years, however, it has not given its company address to the public yet.

　　Official Website Unavailable

　　The broker's official website does not work, and the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.

　　In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Besides, the official website is as follows: https://www.marketscube.net/

　　General Information

　　Markets Cube, owned by Prisma Global Ltd, is a Forex and CFD broker registered in the Marshall Islands that is committed to providing clients with experienced, instant trading retail as well as premium service, besides, this broker has operated for no more than 5 years, however, it has not given its company address to the public yet.

　　Market Instruments

　　Their trading list consists of a plethora of tradable assets, including Forex, Commodities, Indices, and Stocks.

　　Accounts & Leverage

　　There are five different accounts including Silver Account, Gold Account, Platinum Account, Mega Account, ECN Account with various requirements and trading conditions, in addition, the broker has not given the minimum deposit for opening a Sliver Account, and all we know is that the Gold Account provides the minimum amount of $5,000 with 0.10 lots per trade, also, clients are required to deposit the minimum amount of $50,000 to open the ECN Account, besides, there is no information about leverage mentioned with 0.01-0.2 lots per trade, the clients of Mega Account have to pay the same money as the ECN Account with 0.50 lots per trade.

　　Spreads & Commissions

　　Markets Cube offers spread that not benefit for trading, for instance, the spread for the Silver Account is up to 2.5 pips, and the Gold Account sets a limit to the spread of 1.5 pips, besides, for the Platinum Account, clients could trade with 1.0 pips, also the Mega Accounts spread is as low as 0.5 pips. Moreover, we do not know the commission they offer across various asset classes as they have not mentioned that on their website.

　　Trading Platform

　　Clients are allowed to trade with the Sirix web terminal, a web-based platform that supports multiple time frames, charts, social trading, and some of the most popular drawing tools and price indicators.

　　Deposit & Withdrawal

　　Markets Cube accepts payments with Bank transfers, Credit Cards, Skrill, Yandex, and Qiwi.

　　Customer Support

　　If you have a query about the transaction, please call at +35314378872 or e-mail at cs@marketscube.email at an appropriate time.

　　Risk Warning

　　Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisors.