In this section we will analyze the broker Markets Broker. Is this broker recommended? Is it worth investing with this company? We will analyze the broker's website in search of different key points in order to determine if it is a recommended broker or not. Although always, in Recommended Brokers, we believe that the best way to determine it is by listening and seeking opinions from traders and broker clients.
Markets Broker is a Forex and CFDs (contracts for difference) broker that started its activities in 2016. The broker apparently (since it doesn't really specify it on its web page) is based in London, England. Broker regulation is not specified on your website, what it's a very bad sign. We read in other sites that it has regulation in Vanuatu, with the FSC regulator, but not specifying it on its website makes us think that it no longer has it.
Now we will go on to analyze the different types of accounts that the broker offers to its clients.
When observing the broker's website, we note that it has three different types of account, the Micro Account, the Exclusive Account and the VIP Account. We will start by mentioning some of the characteristics of the Micro Account; the minimum deposit is $ 5.000, it has a maximum leverage of up to 200: 1, it does not have a dedicated account manager, if it has daily market analysis. This account is followed by the Exclusive Account; It has a minimum deposit of $ 25.000, maximum leverage of up to 200: 1, in this almost if it has a dedicated account manager, and also daily market analysis. The third and last type of account is the VIP Account: the minimum deposit in this case is $ 100.000, the maximum leverage is up to 200: 1, it has a dedicated account manager and also daily market analysis.
We also leave below an image with more specifications on the types of account, in case you want to go into more detail.
Now we will analyze the broker's website in search of help and resources for traders.
In this case, we can find an educational section, to which if one is not a client, one can only enter the first and second video of a series of educational videos, although unfortunately they are in English. We also have resources like the economic calendar and the forex glossary. We also find tools such as the market calculator and market news, although currently both the market calculator and the market news are inactive.
Other information about Markets Broker
We will leave you some more information in case you want to contact the broker, or see their website for yourself.
Phone number: +525584217401 (Mexico), +441613940662 (contact in English)
Email address: [email protected]
At the end of this section about the broker, after analyzing its website and searching the internet for its reputation and comments from clients and traders, it seems to us that Markets Broker is reliable, although it IS NOT REGULATED, so we recommend taking it with care.
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