In this section we will analyze to the broker, MTI Markets. Is this broker recommended? Should we trust them? We will analyze different factors of the broker, from its website, its account types, its trading platform, the resources it offers to the trader on its website, its regulation and general comments and experiences of clients and former clients of the company.
MTI Markets is an STP broker (Below we explain what an STP broker is) of Forex, Metals, Futures, Indices and CFDs. The broker is based (and this is where its headquarters are) in the Marshall Islands, and is located regulated awarded by the International Business Corporations Act, and is registered in the Marshall Islands (regulatory information was provided by MTI Markets traders, as we were unable to find it on the MTI Markets website). The broker is headquartered in the Marshall Islands.
Now we will move on to analyze the 3 types of account that the broker provides. These are: the STP Mini account, the STP Standard, and the ECN Pro. Let's start with the STP Mini account: it has a minimum deposit of $ 100, maximum leverage of 1: 500 and it is possible to trade / operate forex, commodities and indices. It is followed by the STP Standard account: it has a minimum deposit of $ 1000, maximum leverage of 1: 400, and it is possible to trade forex, commodities and indices (with equities). The last type of account is the ECN Pro account: minimum deposit of $ 5000, maximum leverage of 1: 200, and it is possible to trade forex, commodities and indices (equities).
In all three types of account, the MT4 platform. Here we leave a screenshot with more specifications of the types of account, so that you can see it carefully and analyze it for yourself.
As we mentioned earlier, this broker is an STP broker. Don't you know what an STP broker is? It does not matter, we will explain it to you: STP is for Straight Through Process (something like "direct through the process"), this type of broker works almost identically to how ECNs do. Brokers of these types combine traders' operations with the company's liquidity providers, that is, they act as intermediaries between those who buy and those who sell in the FOREX market. You can then offer the best prices and quotes (bid and ask) on the market. Explained in another way, brokers send traders' operations instantly and in an automated way to liquidity providers, which are usually banks and other major financial institutions.
Now, we will go on to analyze the broker's website, and the different resources and tools that MTI Markets provides to traders.
Some of the resources that we find on the broker's website are, firstly, an explanation of basic concepts such as forex and how to operate forex, and the same for CFDs and Indices. In addition to this, it has an economic agenda / economic calendar and also news related to the financial world and the market, although these news are quite out of date and are in English ...
Other information about MTI Markets
We will leave you some more information in case you want to contact the broker, or see their website for yourself.
Phone number: +44 (20) 3129 6537
Email: [email protected]- They also have live chat on their website
Ending this section, the opinion of Recommended Brokers, according to comments from traders, a little research on the broker and an analysis of its website and customer service, is that MTI Markets is NOT trustworthyWe have read negative comments about them and negative experiences from traders, we do not recommend it, as well as negative signals that we found on their website.
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2 comments on «MTI Markets»
This company is a hoax. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.
Hi Dylan, thanks for writing about MTI Markets. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY