Score

1.86 /10
Danger

MarketsVox

Seychelles

1-2 years

Regulated in Seychelles

Retail Forex License

White label MT5

Regional Brokers

High potential risk

Offshore Regulated

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index3.92

Business Index4.72

Risk Management Index0.00

Software Index8.34

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Warning

ID BAPPEBTI
2023-04-20
Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities
MarketsVox
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XtreamForex
Oxtrade
NordFX EU
AccuIndex
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Binarycent
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Deriv
InstaForex
HSB Forex Trade
Fxview
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FBS
EVEREST
TriumphFX
Exclusive Markets
ForexVox

Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
MarketsVox
Nadex
XtreamForex
Oxtrade
NordFX EU
AccuIndex
PO TRADE
Binarycent
VOBLAST
FXPrimus
Deriv
InstaForex
HSB Forex Trade
Fxview
Fidelcrest
LegacyFX
FBS
EVEREST
TriumphFX
Exclusive Markets
ForexVox

Broker Information

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Company Name

ForexVox (Seychelles) Financial Services Ltd.

Company Abbreviation

MarketsVox

Platform registered country and region

Seychelles

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The Seychelles FSA regulation with license number: SD142 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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MarketsVox · Company summary
MarketsVox Review Summary
Founded2023
Registered Country/RegionSeychelles
RegulationFSA (Offshore)
Market InstrumentsForex, Indices, Commodities, Metals
Demo Account
LeverageUp to 1:2000
Spread/
Trading PlatformMT5, MVSocial
Copy Trading
Min Deposit$100
Customer SupportLive chat, contact form
Email: support@marketsvox.com
Facebook, Linkedin, Twitter, Instagram, YouTube, etc.
Address: CT House, Office 9A, Providence, Mahe, Seychelles

Founded in 2023, MarketsVox is a financial company based in Seychelles. It holds an offshore license under the FSA. With the MT5 and MVSocial trading platform, MarketsVox offers market instruments like Forex, Indices, Commodities, and Metals.Moreover, there are three types of account (Cent, Standard, ECN) provided.

MarketsVox's homepage

Pros and Cons

Pros Cons
A wide range of productsNewly-established
Demo accounts availableOffshore FSA regulation
Diverse account typesUnclear fee structure
Commission-free accounts offered
MT5 platform
Diverse payment methods
Live chat support

Is MarketsVox Legit?

Yes, but the license MarketsVox holds is an offshore one, which means the regulation is less strict.

Regulated CountryRegulated AuthorityCurrent statusRegulated EntityLicense TypeLicense Number
Seychelles
The Seychelles Financial Services Authority (FSA)Offshore RegulatedForexVox (Seychelles) Financial Services LtdRetail Forex LicenseSD142
Offshore regulated by FSA

What Can I Trade on MarketsVox?

On MarketsVox, you can trade with over 100 products concerning Forex, Indices, Commodities (oil), and Metals.

Tradable Instruments Supported
Forex
Indices
Commodities
Metals
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on MarketsVox?

Account Type

Account TypeAccount CurrencyMin Deposit
Cent USC100
Standard USD, EUR, GBP100
ECN USD, EUR, GBP500
Account comparison

Leverage

The maximum leverage is up to 1:2000 for Cent account. Note that high leverage is a double-edged sword, which can not only bring great profits but also big losses.

Account TypeMax Leverage
Cent 1:2000
Standard 1:2000
ECN 1:1000

Spread and Commission

There is no detailed info on spreads. As for commissions, there is no requirement for the cent and standard account. The ECN account charges a commission but the specific amount is unknown.

Account TypeCommission
Cent
Standard
ECN

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MVSocialWeb, iOS/
MT5Web, MacExperienced traders
MT4//
MT5
MVSocial

Deposit and Withdrawal

MarketsVox supports payments through Visa/MasterCard, Neteller, Skrill, Local Bank and Mobile Deposits, Sticpay, Crypto and International Wire Transfers.

Payment options

User Reviews

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User comment

4

Comments

Write a review

Valentin Yvk
more than one year
MarketsVox's copy trading is amzing! I have traded with its demo account for 3 weeks before open a real one. Overall, it is a great broker.
MarketsVox's copy trading is amzing! I have traded with its demo account for 3 weeks before open a real one. Overall, it is a great broker.
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2024-07-11 10:30
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JohnnyJ
more than one year
I don't have any problem with this broker apart from withdrawing my profit through Bitcoin it fails when ever I try....
I don't have any problem with this broker apart from withdrawing my profit through Bitcoin it fails when ever I try....
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2024-06-27 11:51
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