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MarketsTradeFX

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
Founded2017-12-27
Registered Country/RegionSpain
RegulationNo Regulation
Market InstrumentsCryptocurrency, Stocks, Futures, Forex
Demo AccountNot Mentioned
LeverageUp to 1:1000
SpreadStart from 0.0 pips
Trading PlatformWebTrader
Min Deposit$ 200
Customer SupportPhone: +3-491-1238129; +7-495-1090758.
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 assetsNot regulated
Provides account types that cater to the needs of tradersLimited info on deposit/ withdrawal
No commissionsLimited 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.

Is MarketsTradeFX Legit?

The domain was founded in 2017 and is now client Delete Prohibited.

Is MarketsTradeFX Legit?

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 InstrumentsSupported
Forex✔
Commodities❌
Crypto✔
CFD❌
Futures✔
Stock✔
ETF❌
Options❌
What Can I Trade on MarketsTradeFX?

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.

FeatureStartMasterVIPPAMMIslamic
LeverageUp to 1:1000Up to 1:1000Up to 1:1000Up to 1:1000Up to 1:1000
SpreadsStart from 0.0 pipsStart from 0.0 pipsStart from 0.0 pipsStart from 0.0 pipsStart from 0.0 pips
CommissionsNoneNoneNoneNoneNone
Minimum Deposit$200$1,000$1,0000$50,000
Trading ToolsWebTraderWebTraderWebTraderWebTraderWebTrader

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 PlatformSupported Available Devices Suitable for what Investor
Web Trader✔Web browser, Windows desktop, iOS device, and Android smartphoneInvestors 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.

Related broker

No Regulation
MarketsTradeFX
Company name:MarketsTradeFX
Score
1.43
Website:https://marketstradefx.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.43

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