Home -

Introduction -

WikiFX Express

Yescom Financial Limited

Macro Equities Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-07-03 16:34

Abstract：Macro Equities is a broker operating without any valid regulatory oversight, which exposes investors and traders to potential risks. The lack of regulation means there is no external monitoring or supervision of the broker's activities, posing uncertainties regarding industry standards, customer protection, and financial stability. Individuals considering engaging with Macro Equities should exercise caution and carefully evaluate the potential consequences and level of risk involved.

Aspect	Information
Registered Country/Area	Saint Vincent and the Grenadines
Founded Year	1-2 years
Company Name	Macroequities LLC
Regulation	No Regulation
Minimum Deposit	Not specified
Maximum Leverage	Up to 1:400
Spreads	Fixed Account: 1.8 pips spread, Standard Variable Account: Variable spreads as low as 1.1 pips, Zero VIP Account: Spread-free advantage
Trading Platforms	MetaTrader 4 (MT4), WebTrader, PTS WebTrader
Tradable Assets	Currency pairs, commodities, stocks, crypto CFDs, thematic investments
Account Types	Fixed Account, Standard Variable Account, Zero VIP Account
Demo Account	Available
Islamic Account	Not specified
Customer Support	Email, support@macroequities.com
Payment Methods	Not specified
Educational Tools	Free e-book, CFD Glossary

Overview of Macro Equities

　　Macro Equities is a broker operating without any valid regulatory oversight, which exposes investors and traders to potential risks. The lack of regulation means there is no external monitoring or supervision of the broker's activities, posing uncertainties regarding industry standards, customer protection, and financial stability. Individuals considering engaging with Macro Equities should exercise caution and carefully evaluate the potential consequences and level of risk involved.

　　Macro Equities offers a range of market instruments, including currency pairs, commodities, stocks, crypto CFDs, and thematic investments. Currency pairs allow for trading and speculation on exchange rates, while commodities encompass essential raw materials and agricultural products. Stocks represent ownership in publicly traded companies, and crypto CFDs enable speculation on cryptocurrency price movements. Thematic investments focus on specific emerging trends or industries. However, due to the lack of regulatory information, investors should be aware of the potential risks associated with trading these instruments through Macro Equities.

　　Macro Equities offers three types of trading accounts: Fixed Account, Standard Variable Account, and Zero VIP Account. These accounts provide options for different spreads, commission structures, and leverage ratios. However, it is crucial to carefully consider the risks and preferences when choosing an account type, given the absence of regulatory oversight and the potential risks associated with Macro Equities.

Pros and Cons

　　Macro Equities has both pros and cons for traders and investors to consider. On the positive side, the platform offers a range of market instruments, including currency pairs, commodities, stocks, crypto CFDs, and thematic investments, providing diverse trading opportunities. It also provides three types of account options with different spreads and commission structures, allowing traders to choose based on their preferences. The platform offers leverage ratios of up to 1:400, enabling traders to potentially amplify their profits or losses. Additionally, Macro Equities provides educational resources such as e-books and a CFD Glossary to enhance clients' knowledge and understanding. Furthermore, it offers various promotions, including the “Refer a Friend” program and deposit bonuses, aiming to enhance the overall trading experience. On the downside, Macro Equities operates without any valid regulatory oversight, which poses potential risks. There are negative reviews and complaints about the platform's practices and transparency. The customer support availability is limited, and information regarding deposit and withdrawal methods is not specified. It's also worth noting that there is limited information on trading tools and payment methods. Overall, individuals should carefully evaluate the pros and cons before engaging in any business dealings with Macro Equities.

Pros	Cons
Offers a range of market instruments including currency pairs, commodities, stocks, crypto CFDs, and thematic investments	Operates without any valid regulatory oversight, posing potential risks
Provides three types of account options with different spreads and commission structures	Negative reviews and complaints regarding the platform's practices and transparency
Offers leverage ratios of up to 1:400 for trading accounts, allowing for amplified profits or losses	Limited customer support availability and working hours
Provides educational resources including e-books and a CFD Glossary to enhance clients' knowledge	Limited information of deposit and withdraw
Offers promotions such as the “Refer a Friend” program and deposit bonuses to enhance the trading experience	Payment methods not specified
Provides multiple trading platforms including MetaTrader 4 (MT4), WebTrader, and Professional Trading Station (PTS)	Limited information on trading tools
Demo account available	Payment methods not specified

Is Macro Equities Legit？

　　Macro Equities operates without any valid regulatory oversight. This means that the activities and operations of the broker are not subject to any external monitoring or supervision by regulatory authorities. As a result, investors and traders should exercise caution and be fully aware of the potential risks associated with engaging with Macro Equities. Without regulation, there is a lack of assurance regarding the adherence to industry standards, customer protection, and financial stability. It is advisable for individuals to carefully consider the potential consequences and evaluate the level of risk they are willing to undertake before engaging in any business dealings with Macro Equities.

Market Instruments

　　Macro Equities offers a range of market instruments for traders and investors. These instruments include currency pairs, commodities, stocks, crypto CFDs, and thematic investments.

　　Currency pairs

　　Currency pairs provide opportunities to trade and speculate on the exchange rates between different currencies. For example, EUR/USD is one of the commonly traded currency pairs.

　　Commodities

　　Commodities are essential raw materials or primary agricultural products that can be traded in the market. Macro Equities offers CFDs (Contract for Difference) for commodities such as crude oil, natural gas, gold, copper, silver, and WTI.

　　Stocks

　　Stocks represent ownership in publicly traded companies. Trading stocks allows investors to participate in the performance of these companies. Macro Equities provides a platform for trading stocks via CFDs, offering leverage ratios for enhanced trading opportunities.

　　Cryptocurrencies

　　Crypto CFDs enable traders to speculate on the price movements of cryptocurrencies without owning the actual assets. Macro Equities offers CFDs for major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and XRP, providing access to the volatile and liquid crypto markets.

　　Thematic investments

　　Thematic investments allow investors to focus on specific emerging trends or industries. Macro Equities offers thematic investment bundles that include various stocks related to specific themes. These themes may include the Metaverse, where users can interact in a digital space, or sectors like 5G, cloud computing, esports, FAANG stocks (Facebook, Amazon, Apple, Netflix, Google), financial and banking sector, healthcare, and semiconductors.

Pros	Cons
Diverse range of market instruments	Operates without valid regulatory oversight
Opportunities to trade currency pairs	Negative reviews and transparency concerns
Access to commodity CFDs	Potential restrictions on trade execution
Trading stocks via CFDs with leverage	Leverage can magnify losses as well as profits
Speculating on cryptocurrency price movements	Lack of detailed information on margin requirements
Thematic investment bundles available	Customer support may not be available 24/7

Account Types

　　Macro Equities offers three types of account options for traders: Fixed Account, Standard Variable Account, and Zero VIP Account.

　　The Fixed Account provides a standard 1.8 pips spread and offers a minimum trade option of micro lots (0.01). Traders can leverage ratios up to 1:400, which are based on the market conditions. The account allows trading in various instruments including currency pairs, stocks, commodities, and crypto CFDs.

　　The Standard Variable Account offers more currency pairs and index options to trade. Traders can benefit from variable spread options that can go as low as 1.1 pips. Similar to the Fixed Account, the leverage ratios are up to 1:400, and traders can access a wide range of tradable instruments.

　　The Zero VIP Account stands out with its spread-free advantage and minimum commission structure. Traders can enjoy trading with zero spreads and leverage ratios up to 1:400. Like the other account types, this account also allows trading in currency pairs, stocks, commodities, and crypto CFDs.

Pros and Cons

Pros	Cons
Three account options cater to different trading preferences	Operates without regulatory oversight, posing potential risks
Fixed Account offers a minimum trade option of micro lots	Limited order types and advanced trading features
Demo account available	Limited customer support availability and working hours
Zero VIP Account offers spread-free trading and minimum commission structure	Lack of risk management tools
Leverage ratios up to 1:400 amplify potential profits or losses	Payment methods not specified

How to Open an Account？

　　To open an account with Macro Equities, follow these steps:

　　Visit the Macro Equities website and click on the “Trade Now” button to initiate the account opening process.

　　2. If you don't have a trading account yet, click on the button to register for a real account and start investing.

　　3. You have the option to familiarize yourself with trading by opening a Demo account. If you prefer this, you can register for a Demo account by clicking on the provided link.

　　4. Fill out the required information in the registration form. Provide your first name, last name, email address, and confirm your email.

　　5. Enter your contact number, including the country code, in the designated field.

　　6. Select your date of birth by choosing the day, month, and year from the drop-down menus.

　　7. Make sure to read and understand the Macro Equities Trade Risk warning, Terms of Business, and Privacy Policy.

　　8. If you wish to receive news, promotions, and campaign emails from Macro Equities, check the box to agree to receive them.

　　9. Click on the “Next” button to proceed.

　　10. Provide your street address and town/city in the respective fields.

　　11. Review the information you have entered and ensure its accuracy.

　　12. Click on the “Complete” button to finalize the account opening process.

Leverage

　　Macro Equities offers leverage ratios of up to 1:400 for their trading accounts. This means that traders have the potential to control positions that are significantly larger than their actual invested capital, allowing for amplified profits or losses. It is important for traders to carefully consider the risks associated with high leverage and to use it judiciously, as it can magnify both gains and losses in trading activities.

Spreads & Commissions

　　Macro Equities offers different account types with varying spreads and commission structures. The Fixed Account has a standard 1.8 pips spread, while the Standard Variable Account offers variable spreads as low as 1.1 pips. The Zero VIP Account stands out with its spread-free advantage and No commission. Traders should carefully consider these factors and their trading preferences when choosing an account type.

Promotions

　　Macro Equities offers a range of promotions to its clients, providing opportunities to enhance their trading experience. One such promotion is the “Refer a Friend” program, where clients can earn $35 for each new account they refer. This incentivizes clients to invite their family and friends to join Macro Equities and benefit from the platform's services. Additionally, clients can earn commissions based on the trading volume of their referred clients, further rewarding their active participation. Macro Equities emphasizes its 24/5 professional support team. To learn more about this promotion, clients can visit macroequities.com or get in touch with their account manager.

　　Another promotion offered by Macro Equities is the “100% First Deposit Margin Bonus.” New retail clients and clients of IB (Introducing Broker) partners can take advantage of this promotion by making their first deposit and receiving a bonus of up to $15,000. The bonus is automatically added to their account and remains valid for one month. This promotion helps attract new clients and provide them with additional trading margin to potentially increase their trading opportunities. The terms and conditions of the promotion should be reviewed for further details and eligibility criteria.

　　Macro Equities also offers a “50% Re-Deposit Margin Bonus” for existing retail clients and clients of IB partners. This promotion allows them to earn a bonus of up to $15,000 each time they make a re-deposit. The bonus is credited automatically and remains valid for one month, offering clients the options to enhance their trading activities multiple times. Similarly, new retail or IB customers can benefit from the “50% First Deposit Tradable Bonus,” where they can earn up to $10,000 with their initial deposit. The bonus is promptly credited to their account, providing an extra boost to their trading capabilities. Existing retail and IB customers can also take advantage of the “25% Re-Deposit Tradable Bonus,” which offers up to $10,000 in bonuses for their subsequent deposits.

Pros	Cons
Offers a variety of promotions to attract new and existing clients.	Some promotions may have limited availability or eligibility criteria.
The “Refer a Friend” program incentivizes clients to invite their family and friends to join Macro Equities.	Some promotions may have minimum deposit requirements.
The “100% First Deposit Margin Bonus” provides new clients with additional trading margin.	Some promotions may have time limits.
The “50% Re-Deposit Margin Bonus” and “25% Re-Deposit Tradable Bonus” offer existing clients the opportunity to enhance their trading activities multiple times.	The terms and conditions of each promotion should be reviewed carefully.
Some promotions may not be available in all jurisdictions.	The value of the bonuses may vary depending on the amount of the deposit or trade volume.

Trading Platforms

　　Meta Trader4:

　　Macro Equities offers the popular MetaTrader 4 (MT4) trading platform, which is widely preferred by millions of traders worldwide. With its solid reputation, MT4 provides a tailored trading experience and allows users to analyze financial markets, execute advanced trading operations, and utilize trading robots (Expert Advisors). Key features of MT4 include fast transaction times, accessibility across desktop, mobile, and tablet devices, advanced charting with indicators for technical analysis, user-friendly interface, and the ability to place various types of orders. Users can easily download MT4 for free and trade using their Macro Equities account.

　　WebTrader:

　　WebTrader is a browser-based trading platform offered by Macro Equities, providing quick access to global markets. With WebTrader, users can trade CFDs without the need for specific operating systems or lengthy downloads. The platform offers one-click operations for executing trades, opening and closing positions, setting stops and entry limits, and accessing real-time data and charts. It is compatible with all operating systems, and offers advanced charting, technical analysis tools, and multiple order types. Traders can log in with their user details and seamlessly continue their transactions.

　　PTS WebTrader:

　　Professional Trading Station (PTS) is a cutting-edge trading platform offered by Macro Equities. With its intuitive user interface, robust technical analysis tools, and real-time news feeds, PTS enables traders to manage their holdings and stay informed about market movements. The platform is accessible through web browsers or mobile devices. PTS offers features such as online trading with profit targets, stop losses, and trailing stops, technical analysis with interactive charts and indicators, and a user-friendly interface. Traders can download PTS for free and start trading with confidence and speed.

　　Pros and Cons

Pros	Cons
MetaTrader 4 (MT4) is a widely preferred and popular trading platform	Limited information on trading tools
Accessibility across devices with MT4	Possible compatibility issues with certain browsers or devices
WebTrader offers quick access to global markets	Occasional delays in real-time data and chart updates
Professional Trading Station (PTS) provides a cutting-edge trading platform	Potential for occasional system maintenance or downtime

Educational Resources

　　Macro Equities offers two educational resources to its clients: a free e-book and a CFD Glossary. These resources helps enhance clients' knowledge and understanding of trading strategies and concepts, enabling them to expand their investment horizons.

　　The free e-book collection provided by Macro Equities covers a wide range of topics, catering to both beginner investors seeking foundational knowledge and advanced traders looking for new strategies. The e-books offer insightful tips and valuable information to enrich the investment journey. One e-book focuses on chart patterns, equipping traders with the ability to interpret market data, identify short and long-term forecasts, capture market sentiment, and determine entry points. Another e-book delves into candlestick analysis, teaching readers how to read candlestick charts, recognize trend reversals, and understand the meaning of different candlestick types. Additionally, a separate e-book addresses strategy building, discussing the importance of developing a solid plan based on fundamental and technical analysis, exploring the impact of global news on the market, and presenting proven trading strategies.

　　In addition to the e-books, Macro Equities provides a CFD Glossary, serving as a comprehensive reference guide for clients. This glossary helps traders understand and familiarize themselves with the various terms and concepts related to Contract for Difference (CFD) trading. It covers a wide range of terms used in the CFD market, enabling traders to enhance their understanding of this specific trading instrument and its associated terminology.

Resource	Pros	Cons
Free e-book collection	Covers a wide range of topics * Offers insightful tips and valuable information * Caters to both beginner and advanced traders	Not as comprehensive as some other educational resources * May not be suitable for all traders
CFD Glossary	Comprehensive reference guide * Covers a wide range of terms used in the CFD market	Not as interactive as some other educational resources * May be too technical for some traders

Customer Support

　　Macro Equities provides customer support to assist clients with any inquiries or issues they may encounter. The dedicated client service team is committed to providing top-notch assistance. Whether you have questions about account management, trading platforms, or any other concerns, the client service team is available to help. Please note that customer support is available Monday to Friday from 07:00 - 16:00 GMT.

　　To reach out to Macro Equities for assistance, you can send a message to the respective departments via email. For general support, you can contact the Support Desk at support@macroequities.com. If you have inquiries related to payments, you can email the Payment Department at payment@macroequities.com. Similarly, for account-related matters, you can get in touch with the Account Department at accounts@macroequities.com. Please ensure to include all relevant details in your message to facilitate a prompt and accurate response.

　　Additionally, Macro Equities offers a message submission form on their website, where you can leave your name, email, subject, phone number, and message. This provides another option to reach out to the customer support team. Although the working hours of the support team are limited to 24/5 GMT+1, the availability of multiple contact channels demonstrates Macro Equities' commitment to addressing client needs and providing timely assistance.

Reviews

　　Macro Equities has received negative reviews on WikiFX, with one complaint exposing the platform as a pyramid scheme. Another review highlighted severe slippage issues, indicating a lack of transparency and potentially unfair trading conditions. Furthermore, a user claimed to have lost $4000, describing the platform as a scam and urging others to stay away. These reviews emphasize the importance of caution and careful consideration when dealing with Macro Equities.

Conclusion

　　In conclusion, Macro Equities operates without valid regulatory oversight, which poses potential risks for investors and traders. The lack of regulation means that the broker's activities are not monitored by external authorities, raising concerns about adherence to industry standards, customer protection, and financial stability. Traders should exercise caution and carefully evaluate the level of risk they are willing to undertake before engaging with Macro Equities. The platform offers a range of market instruments, account types with varying spreads and commission structures, and multiple trading platforms. However, negative reviews on WikiFX raise concerns about the platform's credibility and transparency.