MarketsTradeFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-17 12:17

Abstract：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.

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.
Customer Support	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.