Score
MarketsTradeFX
Spain|2-5 years| https://marketstradefx.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Spain
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
marketstradefx.com
Server Location
United States
Website Domain Name
marketstradefx.com
Server IP
70.40.220.70
Company Summary
| MarketsTradeFXReview Summary | |
| Founded | 2017-12-27 |
| Registered Country/Region | Spain |
| Regulation | No Regulation |
| Market Instruments | Cryptocurrency, Stocks, Futures, Forex |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:1000 |
| Spread | Start from 0.0 pips |
| Trading Platform | WebTrader |
| Min Deposit | $ 200 |
| Customer Support | Phone: +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 assets | Not regulated |
| Provides account types that cater to the needs of traders | Limited info on deposit/ withdrawal |
| No commissions | Limited 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.
The domain was founded in 2017 and is now client Delete Prohibited.
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 Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Crypto | ✔ |
| CFD | ❌ |
| Futures | ✔ |
| Stock | ✔ |
| ETF | ❌ |
| Options | ❌ |
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.
| Feature | Start | Master | VIP | PAMM | Islamic |
| Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 |
| Spreads | Start from 0.0 pips | Start from 0.0 pips | Start from 0.0 pips | Start from 0.0 pips | Start from 0.0 pips |
| Commissions | None | None | None | None | None |
| Minimum Deposit | $200 | $1,000 | $1,0000 | $50,000 | |
| Trading Tools | WebTrader | WebTrader | WebTrader | WebTrader | WebTrader |
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 Platform | Supported | Available Devices | Suitable for what Investor |
| Web Trader | ✔ | Web browser, Windows desktop, iOS device, and Android smartphone | Investors 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.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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