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Contents

Admiral Markets Review

Admiral Markets

Leverage: 1:30 | 1:500

Regulation: ASIC, FCA, CySEC, EFSA

Min. Deposit: 200 US$

HQ: UK

Platforms: MT4, MT5

Found in: 2001

Admiral Markets Licenses:

  • Admiral Markets UK – authorized by FCA (UK) registration no. 595450.
  • Admiral Markets AS authorized by EFSA (Estonia) registration no. 4.1-1/46.
  • Admiral Markets Cyprus Ltd – authorized by CySEC (Cyprus) registration no. 201/13
  • Admiral Markets Pty Ltd – authorized by ASIC (Australia) registration ABN 63 151 613 839 AFSL no. 410681

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Before you choose a broker to trade with make sure to check all relevant information together with the company regulations. Hereby, we assist in choices by reviewing brokers and now is Admiral Markets Review for your consideration.

What is Admiral Markets?

With a quite long operation history since 2001, the Admiral Markets is a brand that operates in the field of investment financial services and continuously expands its offering worldwide while headquarters in the UK and operates offices in Cyprus, Estonia and Australia.

The general Admiral Market aim is to bring access to functional software and quality offering to the traders community throughout transparent pricing and execution. The trading process indeed built for low latency and high trading frequency that aggregated by the system’s flow from different banks and venues into a single liquidity pool. That allows providing competitive low spreads and deep liquidity with no restriction on trading styles or strategies, with low slippage and rejection rates and of course at high speeds.

The Admiral Markets also diverse their offering by opportunities to trade metals and currencies, as well CFDs trading on indices, energies, bonds, stocks and CFDs on Cryptocurrencies – Bitcoin, Litecoin, Ethereum as well freshly introduced Monero, Dash and Zcash.

Furthermore, Admiral Markets provides truly extensive educational and support materials, throughout various seminars, analytical data researched and daily support to their clients. In fact, these efforts have been recognized timely by publications and awards, along with numerous positive clients’ reviews.

To get things more clear, you should check and take into consideration the most important information the broker’s offering consists of. For that reason we will cover the following highlights in this review:

Is Admiral Markets safe or a scam?

Admiral Markets, in fact, is heavily regulated by the multiple, world most reputable authorities that includes FCA in UK and CySEC in Cyprus, also EFSA in Estonia and ASIC in Australia. In simple words that means that operation and the service they provide is regulated, authorized and sharply controlled on every step. Therefore, traders and investors may trade with a confident state of mind knowing the broker is overseen, while various jurisdictions may apply slightly different requirements, yet concerned about the main issue of a safe trading environment.

In accordance with rules and restrictions, the company should follow certain operational model while providing a secure online trading service and a high level of financial confidence. Hence, all clients funds are segregated from the company owns, traders are covered by the compensation fund the FSCS (The Financial Services Compensation Scheme) along with encryption of the data and overall secure environment.

Admiral Markets Trading Platforms

For the Admiral Market software and technical performance, let us start from the servers, which are physically located next to all major liquidity providers that in reverse ensures the best execution and lowest latency. The software Admiral Markets use are reliable, convenient and popular trading platforms MetaTrader4 and MetaTrader5 that was developed by a global leader in trading software the MetaQuotes Software Corp. Both platforms delivering powerful STP execution, with eligible to use EAs with no restrictions, enhanced by various useful tools.

MT4 is the most powerful and customer friendly platform for Forex and CFDs trading that recognized the biggest number of traders worldwide. You can install platform at a desktop, as well reach through the browser as a WebTrader, or mobile devices along to enhance feature by the MetaTrader Supreme Edition offering. This plugin is an intuitive software that brings innovative features while making MT4 even more powerful and includes trading widgets, mini terminal with management options, tick chart trader, indicator package and more.

Next option is MT5 is an improved version of the previous powerful platform, also available to almost any device and even features Supreme Edition offering free of charge for any holder of the live account with Admiral Markets.

Admiral Markets Trading Fees

There are few flexible accounts offered by Admiral Markets that allows match of particular trading needs by the choice between two types of platforms divided into Admiral Markets Account and Admiral MT5 Account. The most demanding traders, as well as beginning traders ones can check Admiral Markets account that is featured through the MT4 platform and costs built into the spreads from 0.8 pips. While the Admiral Prime account is a choice for active traders of bigger volume with the commission of 3.0$ per lot and spreads from 0.0 pips.

Admiral Markets Spread

Overall, Admiral Markets spread and costs are quite low and competitive among the market, see samples of typical spread below, yet you can check and compare fees to another popular brokerage Plus500.

Asset/ Pair Admiral Markets Spread
EUR/USD 0.6
Crude Oil WTI 3
Gold 25 cents
BTC/USD 0.50%

Admiral Markets Leverage

Since Admiral Markets is an international brokerage that delivers its service through 4 worldwide offices to choose from, there are applicable differences according to which jurisdiction Admiral entity complies with. Admiral Markets does offer marginal trading, meaning you can trade through a multiplied amount of your initial deposit and operate larger positions. As this tool give a great advantage and may increase your potential gains, you should learn how to use leverage smartly and obtain good knowledge about it.

Recently, Admiral Markets offer lower levels of leverage for retail traders due to the European updates in regulatory requirements, while Australian regulation still allows a high level of leverage of 1:500 for Forex instruments.

Admiral Markets Deposits and Withdrawals

To fund the account you will be having choice of the most convenient funding ways that includes major bank transfers, Visa and MasterCard payments, Klarna (that is available in European countries Germany, Austria, Belgium, France, the Netherlands, the UK, Italy, Spain, Hungary, Slovakia, Czech Republic), Przelewy in Poland and iBank&BankLink, while all above will not include any additional transfer fees for you to pay. Moreover, the additional methods of e-wallet payments like Skrill and Neteller are available also, however, will add on a 0.9% fee for the deposit transaction or 1% for withdrawal respectively.

Admiral Markets withdrawal fee

Nevertheless, Admiral Markets rewards traders by two bank wire withdrawals per month free of charge, while further requests may incur fees for your transfers.

Admiral Markets minimum deposit

As for the minimum deposit requirements, it does depend on the account you choose. Alike Admiral Markets account requires only 200$ as a start capital.

Conclusion on Admiral Markets

Throughout the Admiral Markets review, we found that the broker is a highly regulated company and a respected online trading service provider. Admiral Markets brings an opportunity to trade with deep liquidity conditions from top-tier providers through the high speed of order executions and a quite low deposit to start along with its attractive pricing strategy.

Moreover, the technical solutions and optimizations are done in a very smart way while using the industry-proven platforms MT4 and MT5. Overall, traders of different sizes and styles can find a way to trade with Admiral Markets through their account offerings, general conditions, as well as multiple opportunities available in various regions.

Nevertheless, we will be delighted to know your personal opinion about Admiral Markets which you may share in the comment area below.

No review found.

This year 2020, Admiral Markets received awards in two categories by being honored to win the Best CFD Broker 2020 and the Best Forex Broker 2020 that was recognized by German Brokervergleich.de and hit a fourth consecutive year in both categories! Brokervergleich.de, which is a reputable German edition that held a yearly event for Brokers.

6 responses to “Admiral Markets”

I do not trust Admiral Markets because I had a bad experience with one of their IBs who called themselves “traderprofesional”, this person unfairly took away $ 500 of the $ 1000 he had deposited in the account without giving me a specific reason and also promised me bonuses they never gave me.

Admiral Markets has had a good popularity for years but one of the IB’s that is known as traderprofessional, works for this company and scams many people promising bonuses they never give and keeps 50% of user deposits.

Hello Jordan and Alex,

As the review above shares, Admiral Markets is a fully regulated broker, with licenses from the FCA, ASIC, CySEC and EFSA – we do not scam our clients.

We’re sorry to hear you’ve had issues with one of our IBs. Could you send us the details of your situation so we can investigate the situation and regain your trust? You can contact us at [email protected]

Kind regards,
Admiral Markets

I FEEL SCAMED, HOW ARE THEY PROVIDED FOR IBS AS A TRADER PROFESSIONAL TO SCAM?

I did the course that this ibs offers, they believe me to believe that the contestants of the Admiral Markets corridor recommend it, the course did not help me, they did not teach anything new that I have not had before on the internet.

I like that the team of admiral markets take the task of giving measures and attention to the different accusations and problems that are generated, they are an excellent team. I only recommend you please do not continue supporting characters like “traderprofessional” you have to avoid scams in brokers, stop being a scammer for these supposed promoters of courses and brokers who only steal money.

Advanced Markets Review

Advanced Markets

Leverage: 1:100

Regulation: ASIC

Min. Deposit: 2,500 US$

HQ: Cayman Islands

Platforms: MT4, DMAhub, Fortex 5 & 6

Found in: 2006

Advanced Markets Licenses:

Advanced Markets LTD – authorized by Australian Financial Services registration no. AFSL 444649

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With numerous brokerage firms and trading offerings its very important to choose the most reliable company, as well the one that suits your trading needs. For this reason, we assist in choices by reviewing brokers and checking information in a detail, to support selection and here is Advanced Markets Review among others.

What is Advanced Markets?

Advanced Markets is incorporated in the Cayman Islands-registered foreign company which is highly-capitalized and jointly owned by Macquarie Americas Corp Inc., a wholly-owned subsidiary of Macquarie Bank. The company was established with the goal to facilitate a transparent and secure trading environment that brings true Direct Market Access (DMA) liquidity, credit and technology solutions to the foreign exchange, energy, precious metals and CFD markets. The firm offers its wholesale services to institutional clients globally, providing also trade execution and prime brokerage solutions directly to banks, hedge funds, commodity trading advisors, corporations and other institutional market participants.

Nevertheless, the broker offers a solution to wholesale and corporate clients, as well acts as a technology, liquidity provider. Being a retail trader, you may benefit through Advanced Markets unparalleled reliability, Prime of Prime credit solutions and full direct access to a bank, non-bank and ECN multi-asset class liquidity on tight, competitive spreads. Advanced Market delivers guarantee on all client positions that are instantly passed straight through the liquidity providers while the broker does not take any Market risk.

Nevertheless, to understand offering in a detail you should always check the most important information of the broker’s proposal. In this purpose this review covers the following highlights:

Is Advanced Markets safe or a scam?

The Advanced Markets Group has formed Advanced Markets LTD (“AMLTD”), as a Cayman Islands corporation in order to be able to provide the services under governance that enables offer a broader range of products to the clients. Yet, being located on an offshore zone, the broker trusty Registration of Advanced Markets Limited performed via a hold of an Australian financial services license (AFSL) No. 444649 and is a registered foreign entity by the Australian Securities & Investments Commission (ASIC).

While ASIC is a robust regulator, its regulation to the Advanced Markets applies in respect to the Australian financial services activities only. As a regulated company, the license ensures financial markets are complying with their legal responsibilities to operate fair and transparent markets.

And surely, client funds are held in accordance with the requirements in segregated client trust accounts separate from the firm capital. All clients and firm funds are kept at internationally rated banks, including Bank of America, Citi, Macquarie Bank and Deutsche Bank.

Advanced Markets Trading Platforms

Advanced Markets as a technology-driven company recognizes the importance of having a robust and non-latent technology infrastructure, one that caters to the needs of all institutional FX market participants, from banks and fund managers to retail brokers and aggregators.

The platform offerings and the underlying supporting technology have been developed, to facilitate Direct Market Access (DMA) via GUI, Bridge and/or FIX API. The range of the trading platform includes the proprietary developed options, as well as the market leader – MetaTrader4 and MetaTrader5. Along with the powerful trading software you will get access to configure liquidity and choose from a menu of pricing that includes banks, non-banks and ECNs with defined layers, Top of Book, VWAP and more.

Advanced Markets also partnered with First Derivatives to create the fully customizable DMAhub trading venue that can be seamlessly accessed by both FIX API and GUI. DMAhub allows traders the ability to configure their own trading environment with a degree of granularity that is totally unique in today’s markets.

Another option, the robust Fortex 5 and its newer version Fortex 6 offers the ability to instantaneously access DMA liquidity via multiple routes all with a fully-functional, real-time, reporting suite. Alternatively, should the business use the Metatrader4 software, the direct connectivity using Fortex’s MT4 bridge technology offers so. All of these options come with credentials to access Advanced Markets’ back-end reporting, providing full transparency on all transactions, P&L and end-of-day roll pricing amongst other things.

Advanced Markets Trading Costs

Due to the company registration and license the Advanced Market can only accept a Wholesale client as defined by Section 761G(7) and 761G(A) of the Australian Corporations Act. This is applicable to all types of the clients, while the account offering defined only by the type of the clients and features either individual or corporate account type.

By delivering anonymous, low-latency access to multi-bank, multi-asset liquidity, Advanced Markets presents a compelling alternative to the single and multi-bank RFQ and ECN models currently available to institutional traders. Recent refinements, such as the FOX – Full Order execution block order trading mechanism, are gaining the attention of hedge funds, asset managers, commodity trading advisors (CTAs) and corporate treasuries which may offer a comprehensive solution.

Advanced Markets spread

The tailored solutions suited the clients need and requirements while the trading cost will be set on a spread basis along with the standard commission is set at $20.00 per USD Million. However, this standard may be negotiable based on the volumes traded and the solution provided.

As well you may compare Advanced Markets fees to another popular broker AAATrade.

Advanced Markets Leverage

Advanced Markets leverage levels typically set to a standard level of 1:100 for currencies. However, trading another instruments or depending on the volumes traded offered levels may diverse. Also, each type of clients receives tailored solutions designed specifically according to the needs, thus Advanced Markets is indeed quite flexible in these regards too.

Advanced Markets Payment Methods

The Advanced Market for the payment methods offering only the option to send and receive withdrawals through Bank Wire Transfer. Wiring money is typically the fastest way of funding the Advanced Markets trading account, thus the broker defined this option as the major one. To ensure the integrity of the information sent via the Internet, electronic funding utilizes a multilevel server system with the latest encryption software that performs secure transactions.

Advanced Markets minimum deposit

The minimum required amount to set up an account depending on what type of client you are. Yet, the minimum amount is set to a 2,500$ at the very first type.

Conclusion on Advanced Markets

Overall, Advanced Markets is a model of a broker that takes the competitive, multi-bank elements of RFQ platforms and combines them with the low latency, transparency and anonymity of ECNs servicing for traders seeking consistent and interbank liquidity. Together with its advanced options for traders or the institutions, range with powerful effectiveness and an impressive choice of the cutting-edge platforms males Advanced Markets definitely a company of advance.

Lastly, we would be glad to know your own opinion about Advanced Markets, you may share your experience in the comment area below, or ask us for some additional information if something is missing.

MarketsX Review

Review

MarketsX, which many traders may know by its former name Markets.com, is a global Forex broker that became operational in 2020. This broker started its journey as GFC Markets but rebranded as Markets.com in 2020 following the merger between Safecap Investments LTD, the owner of GFC Markets, and TradeFX. In 2020, the FTSE250 listed gaming software company Playtech PLC, ticker symbol PTEC, acquired TradeFX for £458 million. This made Playtech the owner of Markets.com, which is now rebranding itself as MarketsX. This broker went under a massive restructuring in 2020, selling its binary options platform TopOption, and reducing its workforce. MarketsX is regulated across five jurisdictions, offers more than 2,200 assets from three trading platforms, and was a top sponsor of Premier League football team Arsenal FC for five years from 2020 until the deal expired in 2020. All of these signs point to it being a highly competitive broker that is here to stay.

Regulation and Security

MarketsX is owned by TradeTech Alpha LTD, a division of Playtech PLC. The Financial Conduct Authority (FCA) is the principal regulator, but MarketsX is regulated across five jurisdictions. This indicates an important fact to consider, as each jurisdiction grants particular benefits and various degrees of trader protection. Besides FCA regulations, MarketsX is authorized and regulated in Europe by the CySEC, globally by FSC in the British Virgin Islands, in Australia by ASIC, and in South Africa by the FSCA. The strong global ownership and unique global regulatory environment create an extremely secure brokerage.

Client funds remain segregated from companies’ funds across all five operating subsidiaries, but traders operating under the CySEC regulatory environment are exposed to the Financial Instruments Directive 2020/65/EU or MiFID II and the EU’s 4th Anti-Money Laundering Directive. The EU Directive 2020/49/EU mandates participation in the Investor Compensation Fund (CIF) with maximum coverage of €20,000. UK-based traders are protected by the Financial Services Compensation Scheme (FSCS), up to £85,000. Negative balance protection applies to all five subsidiaries. Traders regulated under FCA, ASIC, and FSCA receive incentives and loyalty rewards. MarketsX remains a very transparent broker, and regardless of which subsidiary accepts traders, the regulatory environment is solid.

MarketsX enjoys the financial backing of a powerful corporate owner, listed on the FTSE 250.

This broker is regulated in five jurisdictions and executes an excellent task when it comes to transparency.

Traders are advised to carefully consider the pros and cons of signing up under the subsidiary that would ultimately manage their portfolios.

The primary regulator for MarketsX is the FCA in the UK.

MarketsX generates most of its revenue through spreads on over 2,200 assets. The EUR/USD is listed with a starting spread of 0.4 pips, which represents a very competitive offer. No commissions are charged at this broker, adding to the excellent trading environment. Before the rebranding, MarketsX solely deployed a market maker execution model and profited directly from traders’ losses. It now extends a dual model after the addition of an STP model.

Swap rates on leveraged overnight positions apply, and traders can retrieve the applicable rates from inside the trading platforms. Corporate actions, like dividends, stock splits, or takeovers on equity and index CFDs, are passed on to traders. MarketsX doesn’t charge for deposits or withdrawals, but third-party charges may apply. The fee structure introduced by this broker is extremely trader-friendly and remains a critical factor to consider.

MarketsX offers a very competitive pricing environment for traders to consider.

What Can I Trade

Traders have over 2,200 assets across the Forex market, commodities, equity and index CFDs, cryptocurrencies, bonds, and ETFs to choose from. Pure Forex traders will find a great selection of currency pairs but, as with many brokers, the cryptocurrency market is only represented with five names. Twenty-five commodity CFDs offer solid exposure to this sector, but only four bonds are offered. Twenty-one index futures CFDs complement the large equity CFDs selection covering twenty countries, while the ETF offering further allows traders to branch out. Cross-asset diversification may easily be accomplished for retail traders and professional ones alike.

With over 2,200 assets across seven categories, traders have the option to properly diversify their portfolios.

Account Types

MarketsX provides all traders with the Classic CFD account, and an upgrade to a professional account is available. A Premium account is mentioned in one section, but no details are provided. Leverage remains one critical difference between the Standard account across the five regulatory jurisdictions. The FCA and CySEC regulated subsidiaries allow maximum leverage of 1:30, while the FSC, ASIC, and FSCA cap the maximum leverage at 1:300. This will cause a significant difference in the trading environment, directly influencing profitability.

The Classic CFD account is the default selection for all traders.

The regulatory framework directly impacts the trading conditions, and traders need to consider this carefully.

Professional accounts are only offered by the FCA and CySEC regulated entities, and strict requirements apply. Traders will get the same conditions at the FSC, ASIC, and FSCA regulated subsidiaries. The most significant difference remains leverage.

Trading Platforms

The MT4/MT5 trading platforms are available but reduced to a mere mention under MetaTrader Trading Conditions. Not even a general description of the platform features is provided, a download link for either platform is equally absent. MarketsX strongly promotes its proprietary webtrader and has created all tools specifically for it. The MT4/MT5 trading platforms are offered as the fundamental version only. This may create a less-than-ideal offering for some traders (especially advanced traders) as popular third-party plugins aren’t available in either platform offering.

The proprietary webtrader is presented as an easy-to-use platform with powerful trading tools. MarketsX provides fifteen tools for traders and, compared to a basic version of the MT4, the webtrader offers a much more sophisticated gateway to financial markets. Traders who have no existing trading solutions that would require the MT4 infrastructure will be adequately served by the webtrader. The biggest flaw remains the lack of support for automated trading solutions, as provided by MT4. While the webtrader offers great trading tools, an upgraded MT4 would result in a superior product. Traders will need to assess if they want to invest in an MT4 upgrade, or use the webtrader for manual trading.

The MT4/MT5 trading platforms are offered but not properly presented.

MarketsX introduces its webtrader as an easy-to-use trading platform.

Trading tools provided by this broker are solely available for its webtrader.

Unique Features

MarketsX offers fifteen trading tools on its webtrader, which enhances the trading environment, offering research and analytics tools, including insights into financial markets. They are broken down into fundamental, technical, and sentiment tools. The XRay segment provides a live and interactive stream, covering a broad range of topics. It is important to note that a majority of those trading tools are provided more efficiently through MT4 plugins. The combination of all tools provides traders with a powerful suite for a manual trading approach.

Events & Trade is an interactive economic calendar, with data from over 30 leading analysts around the globe. The Dow Jones News feed keep traders informed on global developments which may impact their trading strategy.

The Thomson Reuters Analyst Research provides traders with a fundamental analytical tool for equity, index, and ETF CFDs. Advanced Alerts can assist traders with relevant changes to desired assets.

Financial Commentary may help traders identify new trading opportunities.

Advanced Charting consists of an extensive charting package for the webtrader to enhance technical analysis.

Analyst recommendations may be viewed for trade confirmation or to conduct sentiment analysis. Hedge Fund Confidence shows trading positions held by hedge funds as filed with the SEC, but the data is three months delayed.

Insider Trades is another helpful tool for equity traders, displaying trading activity from key insiders at firms. Bloggers Opinions is an innovative tool providing insight from over 50,000 contributors.

Acuity News Alerts further diversifies news coverage that could impact assets. The Acuity News Sentiment provides a quick overview on assets as gauged by news coverage.

Signals and Traders Trends are provided by MarketsX. The former creates trading signals based on Daily Analyst Recommendations, Insider Trades, Hedge Fund Confidence, and Bloggers Opinions. The latter merely displays the sentiment of this broker’s trading positions on the webtrader.

XRay is an interactive stream, provided directly from inside the webtrader. It represents a very useful service for traders as it features relevant topics, and a welcomed intermission from regular trading activities.

Research and Education

MarketsX doesn’t provide any in-house research or education. It opted to outsource the entire research capabilities to third parties, but given the broad reach and investment into this approach, the result is outstanding. Traders have access to a more than ample supply of research and analytics, and this broker additionally offers trading signals based on the array of tools provided.

Regrettably, no educational content is offered. This is a major oversight by MarketsX.

Customer Support

Customer support is accessible 24/5 in English, French, Spanish, Italian, Arabic, German, and Bulgarian. The most convenient method to engage with support is through live chat, but traders may also call or fill out the web-form. The response time for queries submitted via web-form is listed as 28 hours. A support section dedicated to the most common questions is available and should take care of basic questions. Most traders will never require customer support, especially at a well-operated brokerage. MarketsX falls into this category, but support is easily available if required.

Bonuses and Promotions

MarketsX mentions incentives and loyalty rewards for the FSC, ASIC, and FSCA regulated entities, without providing more details about them. Either they have been discontinued, and the website was not updated, or they are provided after clients open an account. The broker would benefit significantly by taking a second look at this section and fixing it up.

Opening an Account

New traders may conveniently open an account through the online application form, the standard operating procedure across the brokerage industry. The webform merely asks traders for their e-mail address and password creation. The option to complete this process through a Google or Facebook account is available. This will grant new traders access to their client portal, from where a copy of the trader’s ID and one proof of residency document is required to verify the account and to satisfy AML/KYC requirements, as mandated by the regulators. Traders can completely trust this broker with their information.

A very simple sign-up process is offered by MarketsX, and given the sound regulatory environment, traders can trust this brokerage without hesitation.

Deposits and Withdrawals

Deposit and withdrawal options consist of bank wires, credit and debit cards, Skrill, Neteller, and PayPal. Local bank transfers, Ideal, and Sofort are listed under deposits methods but not as a withdrawal option. Not all methods apply to every trader, as they are based on geographic location. Unfortunately, the minimum deposit and withdrawal amounts are unequal for each entity. Most minimum deposits are listed as $100 or a currency equivalent, except for the UK, where the minimum is increased to $250. The same lack of consistency applies to withdrawal amounts. Processing times may take up to eight business days for credit card transactions, which appears overextended. As mandated by regulators, deposits and withdrawals can only be processed if the accounts are in the same name.

General Information

Company Information

  • Broker’s Name : MarketsX
  • Headquarter : South Africa
  • Regulation : CySEC, FCA, ASIC, FSC, FSCA

Account Information

  • Type of Broker : Market Maker
  • U.S. Clients Allowed :
  • Minimum Deposit : $100 (Based on location)
  • Maximum Leverage : 1:300 (Based on location)

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based
    • English
    • Spanish
    • Arabic
      • Mac
      • Windows
      • Linux
      • Mobile
      • Web
      • iPhone
      • iPad
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :
  • Customer Support

    • English
    • Spanish
    • Arabic
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :
  • Pros and Cons

    • Demo Account Available
    • Choice of Trading Platforms
    • Excellent Customer Support
    • Only One Trading Account

    Where is MarketsX based?

    MarketsX is headquartered in London, UK. This brokerage has five regulated entities with their respective headquarters, but London is where the corporate owner is authorized and regulated.

    How does MarketsX make money?

    MarketsX derives its income from spreads charged on over 2,200 assets and profits directly from traders’ losses where it acts as a market maker.

    How can I deposit into a MarketsX account?

    MarketsX supports bank wires, credit and debit cards, Skrill, Neteller, and PayPal.

    What is the minimum lot size at MarketsX?

    The minimum trading size in the MT4 trading platform is 0.01 lots, while the minimum CFD size in the webtrader is presumed to be 1.0.

    When does a margin-call take place at MarketsX?

    MarketsX Group LTD issues a margin call at a 50% equity-margin ratio.

    Is MarketsX regulated?

    The Financial Conduct Authority (FCA) is the principal regulator, but MarketsX is regulated across five jurisdictions. Besides FCA regulations, MarketsX is authorized and regulated in Europe by the CySEC, globally by FSC in the British Virgin Islands, in Australia by ASIC, and in South Africa by the FSCA.

    What is the maximum leverage offered by MarketsX?

    The maximum leverage for clients of MarketsX Group LTD equals 1:300, but clients of the FCA and CySEC regulated entities are limited to 1:30.

    How do I open an account with MarketsX?

    MarketsX has an online application form, which is the standard operating procedure.

    What trading platforms does MarketsX offer?

    MarketsX provides the basic MT4/MT5 trading platforms without required upgrades, as well as its proprietary webtrader for which fifteen trading tools have been developed.

    Summary

    MarketsX offers traders a fantastic trading environment with over 2,200 assets, tight spreads, and no commissions. This brokerage started its journey in 2020 and went through a merger as well as a rebranding phase. It now operates as MarketsX, a well-regulated brokerage in five jurisdictions and a member of FTSE250-listed gaming software company Playtech PLC. The core services provided by this brokerage are exceptional, but as is the case with all brokerages, there is always room for improvement in some areas.

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    The MT4/MT5 trading platforms are available but merely mentioned in one section of the website without a proper introduction. This is done to push the MarketsX proprietary webtrader, and while nothing is wrong with promoting an in-house developed solution, it would certainly make MarketsX more attractive if it offered a comprehensive MetaTrader offering. Over fifteen trading tools are developed, but exclusively available for the webtrader.

    Traders without existing trading solutions requiring the MT4 infrastructure and relying solely on manual trading will be properly served at MarketsX. However, traders who want to manage their portfolios in MT4 are reduced to the fundamental version and would need to invest in upgrades. That being said, traders who are willing or interested in learning about the MarketsX webtrader may find that all (or at least most) of their needs are met through this strong proprietary platform. Trading conditions vary across the five entities due to regulatory restrictions, and the best environments are provided by the FSC, ASIC, and FSCA regulated subsidiaries. MarketsX provides a sound choice and remains an excellent option as a primary or secondary broker. The fifteen trading tools offer to users of the webtrader provide more than enough of a reason to manage a portfolio at this brokerage as part of a well-diversified strategy.

    User Reviews

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