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MARKETRIP -

Score

1.48 /10
Danger

MARKETRIP

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.marketrip.co

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.74

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

Regulatory disclosure

Danger

PL KNF
2024-06-11
Notification of suspected criminal offence punishable under Article 178 of the Act on trading in financial instruments (engaging in activities in the field of trading in financial instruments without the required authorisation or power of attorney)
MARKETRIP
Marketrip

Broker Information

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Company Name

MARKETRIP.

Company Abbreviation

MARKETRIP

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
MARKETRIP · Company summary

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

MARKETRIP Review Summary in Points
Company nameMARKETRIP
Registered country/regionUnited Kingdom
RegulationUnregulated
Trading Platformsweb-based platform
Market InstrumentsCFDs on FX pairs and indices, commodities, precious metals, stocks and cryptocurrencies
Demo AccountNot available
Minimum Deposit250USD/EUR/GBP
Maximum Leverage1:400
Spread3
Customer SupportPhone: 442038079032
Email: support@marketripmail.com

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

ProsCons
Various market instrumentsNot regulated
Website can't be opened now

Is MARKETRIP Legit?

MARKETRIP's current regulatory status: Unregulated.

Is MARKETRIP Legit?

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.

Tradable Instruments Supported
CFDs✔
FX pairs✔
indices✔
commodities✔
precious metals✔
stocks✔
cryptocurrencies✔

Account Type

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

Account Type Minimum DepositMaximum Leverage
Basic250USD/EUR/GBP1:100
Silver5,000USD/EUR/GBP1:200
Gold15,000USD/EUR/GBP1:300
Platinum50,000USD/EUR/GBP1:300
Diamond100,000,00USD/EUR/GBP1:400
Vip-Invitation only250,000,00USD/EUR/GBP1:400

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.

Trading PlatformSupportedAvailable Devices Suitable for
web-based platform✔Web, PCAnyone
Metatrader4❌Web, PCAnyone

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

Deposit Options Min. DepositFees Processing Time
credit cards$250$25 fee per transferNo mention
debit cards$250$25 fee per transferNo mention
Visa$250$25 fee per transferNo mention
MasterCard$250$25 fee per transferNo mention

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
credit cardsNo mentionNo mentionNo mention
debit cardsNo mentionNo mentionNo mention
VisaNo mention3.5% feeNo mention
MasterCardNo mention3.5% feeNo mention

User Reviews

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User comment

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Comments

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Frank源
more than one year
Traded with Marketrip for a very short time last year, and what I want to say is that their customer support sucks. I doubt that these a group of people are not trained to provide support service…
Traded with Marketrip for a very short time last year, and what I want to say is that their customer support sucks. I doubt that these a group of people are not trained to provide support service…
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2023-03-17 18:15
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张天存
more than one year
I really don't want to think about those sad days, but I think if I share these experiences, maybe I can help more people from being scammed. People who have been exposed to rain are more willing to hold umbrellas for others. MARKETRIP is a scam company, but if you find out that it does not have any regulatory license before depositing, you will not be a victim. Please be vigilant.
I really don't want to think about those sad days, but I think if I share these experiences, maybe I can help more people from being scammed. People who have been exposed to rain are more willing to hold umbrellas for others. MARKETRIP is a scam company, but if you find out that it does not have any regulatory license before depositing, you will not be a victim. Please be vigilant.
Translate to English
2023-03-16 17:30
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