MARKETSX is an online trading platform that offers traders access to a wide range of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies. The platform is operated by TradeTech Alpha Limited, a company registered in Bermuda and regulated by the Bermuda Monetary Authority (BMA) under the Investment Business Act 2003.

One of the standout features of MARKETSX is its comprehensive trading and investment tools, which include access to technical analysis and research tools, economic calendar, trading signals, and more. This makes it easy for traders to analyze market trends and make informed trading decisions.

Account Options

• Broker Type: Market Maker
• Minimum Deposit: 100
• Forex Majors Spread: EUR/USD: 2, GBP/USD: 2, USD/JPY: 3
• Maximum Forex Leverage: 30:1
• Minimum Trade Size: 1000
• Scalping: Yes
• Hedging: Yes
• Free Demo Account: Yes
• Traders From USA: No
• Day Trading Account: Yes

Trading and Investment Tools

MARKETSX offers a range of trading and investment tools to help traders analyze the markets, make informed trading decisions, and manage their investments. Here are some of the key tools available on the platform:

• Trading Platform: MARKETSX offers a powerful and user-friendly trading platform that allows traders to access a wide range of financial instruments, view real-time prices and charts, and execute trades.
• Technical Analysis Tools: The platform provides advanced charting tools that allow traders to perform technical analysis using a variety of indicators, drawing tools, and chart types.
• Economic Calendar: MARKETSX provides a comprehensive economic calendar that provides real-time information on key economic events and their potential impact on the markets.
• Market Analysis: Traders can access daily market analysis and insights from a team of experienced analysts, including technical and fundamental analysis, trading signals, and market commentary.
• Risk Management Tools: The platform offers a range of risk management tools, including stop-loss orders and negative balance protection, to help traders manage their risks.
• Trading Central: This is a third-party service that provides traders with technical analysis reports, trading signals, and daily market commentary.
• Trader Trends: This tool shows the percentage of traders that have bought or sold a particular asset, providing insight into market sentiment.
• Market News and Analysis: Traders can stay up-to-date with the latest market news and analysis through the platform’s news feed and daily market updates.

Traders can choose the tools that best suit their needs and preferences to help them make informed trading decisions and manage their investments effectively.

MARKETSX Pros and Cons

Pros:

1. Wide Range of Financial Instruments: MARKETSX offers traders access to a wide range of financial instruments, including currencies, commodities, stocks, and indices.
2. User-Friendly Trading Platform: The platform is easy to use and navigate, making it accessible for both beginner and experienced traders.
3. Powerful Trading Tools: MARKETSX provides traders with a range of trading and investment tools, including technical analysis tools, an economic calendar, and market analysis reports.
4. Educational Resources: Traders can access a range of educational resources, including webinars, tutorials, and trading guides, to help them improve their trading skills and knowledge.
5. Regulatory Oversight: MARKETSX is regulated by the Cyprus Securities and Exchange Commission (CySEC), providing traders with an added layer of security and transparency.

Cons:

1. Limited Availability: The platform is not available to traders from certain countries, including the United States.
2. High Risk: Trading in financial markets involves a high level of risk, and traders using MARKETSX should be aware of the potential for significant losses.
3. Limited Research Tools: While MARKETSX offers a range of trading and investment tools, the platform may not provide as many research tools as some other trading platforms.
4. Limited Customer Support: Some traders have reported issues with the quality and responsiveness of customer support on the platform.
5. Limited Payment Options: The platform may not offer as many payment options as some other trading platforms, which could be inconvenient for some traders.

Fees & Commissions

MARKETSX offers commission-free trading on all its financial instruments, which includes forex, commodities, indices, stocks, and cryptocurrencies. Instead of charging commissions, MARKETSX earns revenue through spreads, which is the difference between the bid and ask price of an asset.

The spreads on MARKETSX vary depending on the financial instrument being traded 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 points.

MARKETSX does not charge any fees for deposits or withdrawals made by traders, but traders may be subject to fees charged by their payment provider. Additionally, there may be overnight financing fees for traders holding positions overnight, as well as inactivity fees for accounts that have been inactive for more than 90 days.

It is important to note that trading CFDs (contracts for difference) is associated with a high level of risk, and it is possible to lose more than the initial investment. Traders should carefully consider their risk tolerance and investment objectives before trading on MARKETSX.

Regulation and Security 

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

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

MARKETSX also uses advanced security measures to protect its clients’ personal and financial information. This includes SSL encryption, two-factor authentication, and PCI compliance for processing credit card payments.

Overall, MARKETSX has a strong regulatory framework in place to protect its clients’ interests and promote a safe and secure trading environment.

Account Types

MARKETSX offers three different account types for traders, each with its own set of features and benefits:

1. Standard Account: This account type is suitable for beginner and intermediate traders who want to trade with standard market conditions. The minimum deposit required for a Standard Account is $250, and traders can access all the trading instruments and features available on the platform.
2. Premium Account: This account type is designed for more advanced traders who want to access exclusive features and benefits, such as a personal account manager, tighter spreads, and free access to trading signals. The minimum deposit required for a Premium Account is $5,000.
3. Professional Account: This account type is intended for experienced traders who want to trade with higher leverage and other advanced features. To qualify for a Professional Account, traders must meet certain eligibility criteria, such as having a trading history of at least two years and meeting 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, economic calendar, and trading signals. Additionally, all accounts offer negative balance protection, ensuring that traders can never lose more than their account balance.

Conclusion on MARKETSX 

MARKETSX is a well-regulated and reputable broker that offers a comprehensive suite of trading and investment tools for traders of all levels. Some of the pros of MARKETSX include its extensive range of tradable instruments, including CFDs on Forex, commodities, indices, and shares, as well as its user-friendly platform and powerful trading tools, such as technical analysis, research tools, and trading signals. Additionally, MARKETSX offers negative balance protection and a wide range of educational resources to help traders improve their trading skills.

However, there are some potential cons to be aware of, including relatively high trading fees and commissions, limited account funding options, and limited support for mobile trading. Additionally, the broker does not accept traders from the United States, which may be a drawback for some traders.

Overall, MARKETSX is a good choice for traders who are looking for a well-regulated and comprehensive trading platform with a range of advanced tools and features. However, traders should be aware of the potential risks involved with trading CFDs and ensure they fully understand the risks before investing their funds.