MarketCFD-Some important Details about This Broker

WikiFX | 2025-01-02 14:33

摘要：MarketCFD was registered in Estonia in 2019 and is not regulated. It offers six types of accounts, with a maximum leverage of 1:200. The minimum deposit to open a live account is as high as $250.

Note: MarketCFD's official website - https://www.marketcfd.com is currently inaccessible normally.

MarketCFD Review Summary
Founded	2019
Registered Country/Region	Estonia
Regulation	Unregulated
Market Instruments	Forex, CFDs
Demo Account	❌
Leverage	Up to 1:200
Spread	/
Trading Platform	Web
Min Deposit	$250
Customer Support	Tel: +77273122401, +74993503986
Customer Support	Email: support@marketcfd.com

MarketCFD was registered in Estonia in 2019 and is not regulated. It offers six types of accounts, with a maximum leverage of 1:200. The minimum deposit to open a live account is as high as $250.

Pros and Cons

Pros	Cons
Various account types	Unavailable website
Multiple payment options	Unregulated status
	Limited tradable assets
	No demo accounts
	Various fees
	No MT4/5
	High minimum deposit
	Long withdrawal processing time

Is MarketCFD Legit?

No, MarketCFD is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

What Can I Trade on MarketCFD?

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	❌
Indices	❌
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	Min Deposit
Green	$250
Silver	$2,500
Gold	$5,000
Platinum	$10,000
VIP	$20,000
Black	$100,000

Leverage

MarketCFD offers leverage up to 1:200 for all account types, which can potentially bring high returns, but it also comes with high risks.

MarketCFD Fees

First there is a 3.5% Withdraw Fee, which can never be less than 50 USD. And than you have a Profit Clearance Fee, which varies between 1,5 USD and 5 USD per trade, and also a monthly Maintenance Fee of 20 USD. In addition, you have something called Verification Fee of 75 USD, which will be charged every month in case you have not verified your identity.

Withdrawal Fee	3.5%, minimum $50
Profit Clearance Fee	$1.5-$5 per trade
Monthly Maintenance Fee	$20
Verification Fee	$75 per month if identity is not verified

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

MarketCFD says to accept payments with major cards like VISA and MasterCard, bank wire, PaySafeCard, and various e-wallets like Neteller, Skrill, WebMoney, QIWI Wallet, Yandex Money and AstroPay.

MarketCFD states that they require 15 business days to approve your withdrawal request, and an additional 15 business days to process the withdrawal.