Company Profile
Company Profile
Review summary
| Markets TradeReview Summary | |
| Founded | 2023 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Indices, stocks, commodities, bonds, and cryptos |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | MT5 |
| Minimum Deposit | $500 |
| Customer Support | Email: support@marketstrade.co.uk |
| Address: C/o Sphere Management Ltd, Suite 403, 4th Floor, The Catalyst Building, Cybercity, Ebene, Mauritius | |
Markets Trade Information
Markets Trade was registered in Saint Vincent and the Grenadines. The tradable instruments include indices, stocks, commodities, bonds, and cryptos. The broker also provides four accounts. The commission is 0, and the minimum deposit is $500. However, Markets Trade is still risky due to its unregulated status.
Pros and Cons
| Pros | Cons |
| MT5 available | Unregulated |
| Commission free | Only email support |
| Demo account available | Unclear swap fee |
| Various tradable instruments | Short establishment time |
Is Markets Trade Legit?
Markets Trade is not regulated, making it less safe than regulated brokers.
What Can I Trade on Markets Trade?
Markets Trade offers a wide range of market instruments, including indices, stocks, commodities, bonds, and cryptos.
| Tradable Instruments | Supported |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Bonds | ✔ |
| Forex | ❌ |
| Futures | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
Account Type
Markets Trade has four account types: demo, basic, prime, and elite. Traders with a sufficient budget can open an elite account, while those with a small budget can open a basic account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Demo | Basic | Prime | Elite |
| Minimum Deposit | Free | $500 | $2000 | $10000 |
Markets Trade Fees
The commission is 0, and the spread is not clear.
Trading Platform
Markets Trade cooperates with the authoritative MT5 trading platform available on PC, tablet(Web), and mobile(iOS/Android) to trade. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, Web, Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
The minimum deposit is $100/€100/£100. Markets Trade accepts Credit, Debit card (Visa, MasterCard), and Wire Transfer for deposit and withdrawal. The time it takes for funds to appear in traders' accounts is dependent on the payment option used: Credit / Debit Cards take approximately 24 hours to process (from time of receipt), and Wire Transfer Deposits take approximately 1 to 2 business days to process (from time of receipt). The associated fees are free of charge.
