MARKETSX stands as a prominent online trading platform, offering traders access to a diverse array of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Operated by TradeTech Alpha Limited, registered in Bermuda and regulated by the Bermuda Monetary Authority (BMA) under the Investment Business Act 2003, MARKETSX is characterized by its comprehensive trading and investment tools. These include technical analysis instruments, research access, an economic calendar, trading signals, and more, facilitating traders in analyzing market trends and making informed trading decisions.

Broker Type and Key Features

– Broker Type: Market Maker

– Minimum Deposit: $100

– Forex Majors Spread: EUR/USD: 2, GBP/USD: 2, USD/JPY: 3

– Maximum Leverage: 30:1

– Minimum Trade Size: 1000

– Scalping: Yes

– Hedging: Yes

– Free Demo Account: Yes

– US Traders: No

– Day Trading Account: Yes

Trading and Investment Instruments

MARKETSX offers a range of trading and investment instruments to help traders analyze markets, make informed trading decisions, and manage their investments. The platform provides a powerful and user-friendly trading interface, enabling access to various financial instruments, real-time prices, and live trading capabilities.

The platform features advanced charting tools, allowing traders to conduct technical analysis using diverse indicators, drawing tools, and chart types. MARKETSX provides a comprehensive economic calendar, offering real-time information on key economic events and their potential impact on markets.

Traders can access daily market analysis and insights from a team of experienced analysts, covering both technical and fundamental analysis, trading signals, and market commentaries. The platform offers risk management tools, including stop-loss orders and negative balance protection, assisting traders in managing their risks effectively.

Traders stay updated with the latest market news and analysis through the platform’s news feed and daily market updates. The flexibility to choose instruments that align with their needs and preferences empowers traders to make informed decisions and manage their investments efficiently.

Fees and Commissions

MARKETSX offers commission-free trading on all financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Instead of charging commissions, MARKETSX generates revenue through spreads, representing the difference between the buying and selling prices of an asset.

Spreads on MARKETSX vary depending on the traded financial instrument and market conditions. For example, the typical spread on the EUR/USD currency pair is 2 pips, while the typical spread on the S&P 500 index is 0.4 pips. MARKETSX does not charge commissions for depositing or withdrawing funds, but traders may encounter fees imposed by their payment providers. Additionally, there might be charges for overnight financing for traders holding positions overnight and inactivity fees for accounts unused for more than 90 days.

It is crucial to note that trading Contracts for Difference (CFDs) involves a high level of risk, and traders can lose more than their initial investments. Traders should carefully assess their risk tolerance and investment objectives before engaging in trading on MARKETSX.

Regulation and Security

MARKETSX operates under the trading name of TradeTech Alpha Limited, a company registered in Bermuda and regulated by the Bermuda Monetary Authority (BMA) in accordance with the Investment Business Act 2003. Furthermore, MARKETSX is regulated by the Financial Conduct Authority (FCA) in the United Kingdom under license number 607305.

As a regulated broker, MARKETSX is obligated to adhere to strict rules and norms aimed at protecting client funds and ensuring fair trading practices. This includes segregating client funds from the broker’s own funds, ensuring adequate risk management and client information disclosure, and maintaining appropriate financial records and reports.

MARKETSX employs advanced security measures to safeguard the personal and financial information of its clients. These measures include SSL encryption, two-factor authentication, and compliance with the PCI standard for credit card payment processing.

Account Types

MARKETSX offers traders three different types of accounts, each with its own set of features and advantages:

1. Standard Account: Suitable for beginners and intermediate traders who want to trade under standard market conditions. The minimum deposit required for a standard account is $250, and traders gain access to all trading instruments and features available on the platform.

2. Premium Account: Designed for more advanced traders seeking access to exclusive features and benefits, such as a personal account manager, narrower spreads, and free access to trading signals. The minimum deposit required for a Premium account is $5,000.

3. Professional Account: Intended for experienced traders who want to trade with higher leverage and other advanced capabilities. To qualify for a professional account, traders must meet specific criteria, such as having a trading history of at least two years and satisfying minimum income or asset requirements.

Regardless of the account type, all traders on MARKETSX have access to a range of trading and investment tools, including technical analysis, research tools, an economic calendar, and trading signals. Additionally, all accounts have negative balance protection to ensure traders never lose more than their balance.

Conclusion on MARKETSX

MARKETSX stands out as a robust online trading platform, operated by TradeTech Alpha Limited and regulated by the Bermuda Monetary Authority (BMA) and the Financial Conduct Authority (FCA). The platform’s commitment to regulatory standards ensures a secure trading environment.

Offering a comprehensive set of trading tools, including advanced charting, real-time economic calendars, and daily market analysis, MARKETSX empowers traders with the resources needed for informed decision-making. The commission-free trading model, coupled with a diverse range of account types, caters to traders of varying experience levels.

While MARKETSX provides a user-friendly experience, traders should be mindful of the risks associated with CFD trading. The platform’s commitment to negative balance protection adds an extra layer of security for traders.

In conclusion, MARKETSX emerges as a reliable and innovative choice for traders seeking a platform that combines regulatory adherence, diverse trading tools, and a commitment to a secure trading environment. With its offerings, MARKETSX aims to meet the dynamic needs of traders, fostering confidence in their trading journey.