Markets.Online Broker Review

Markets.Online Broker Review
Ines Matkovich
Markets.Online is a relatively new unregulated CFD and forex broker that appeared on the market recently, promising a superb trading experience with over 300 assets available on their web-based platform. According to their website, they are offering low spreads, 24/7 support, 20 indicators and leverage that goes up to 1:300. Thy are also mentioning a... Read more
Markets.Online is a relatively new unregulated CFD and forex broker that appeared on the market recently, promising a superb trading experience with over 300 assets available on their web-based platform. According to their website, they are offering low spreads, 24/7 support, 20 indicators and leverage that goes up to 1:300. Thy are also mentioning a Markets.Online demo account that comes with $5000 virtual funds. However, we wanted to see for ourselves whether or not all their claims are true, so we did this detailed Markets.Online review. In Markets.Online review you will find out everything you need to know about different account features, demo account, software, customer support and banking methods.
3
  1. Markets.Online is a relatively new unregulated CFD and forex broker that appeared on the market recently, promising a superb trading experience with over 300 assets available on their web-based platform. According to their website, they are offering low spreads, 24/7 support, 20 indicators and leverage that goes up to 1:300. Thy are also mentioning a Markets.Online demo account that comes with $5000 virtual funds.

    However, we wanted to see for ourselves whether or not all their claims are true, so we did this detailed Markets.Online review. In Markets.Online review you will find out everything you need to know about different account features, demo account, software, customer support and banking methods.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk
  3. Markets.Online Special features

    During the examination of the website in our Markets.Online review, we noticed that there are no different account types available for traders to choose from. There are Real trading account and Islamic account mentioned, but the Real account is nor described with all its features and benefits. Once you click it, you receive a registration pop up and nothing else.

    Markets.Online Islamic Account

    Traders of Muslim faith can request a Markets Online Islamic Account. Islamic Account is designed for trading under special terms and conditions. In order to get an Islamic account, traders must follow 3 steps:

    • Step 1: register with Markets.Online
    • Step 2: verify your account
    • Step 3: ask customer support to activate the Islamic account

    Islamic account allows traders to trade swap-free, with no extra spreads involved, and there is also no time limit for opened positions. Real-time trading is also enabled, and customer support is always available.

    Markets.Online Demo Account

    Markets.Online review noticed how this broker heavily advertises a demo account. We decided to register in order to get one and test the trading platform. After registration, we expected to be immediately redirected to our promised demo, but all we received was depositing window. We tried to avoid making a deposit by clicking different tabs, but it was impossible. The next logical thing to do was to contact the customer support. We were unpleasantly surprised when the agent told us there is no demo available, and that we will have to make a deposit and trade in order to see what the platform has to offer.

    Markets.Online Bonus

    In Markets.Online review we also checked the terms and conditions and found some interesting bonus terms. For example, in order to receive a bonus, the minimum deposit of $250 is enough. The broker keeps the right to change bonus policy at any moment and without any prior warning. The trading conditions are as follows:

    “For each granted bonus credit, transaction(s) with a total value greater than or, at least, equal to execution of 1 traded Lot per $2 out of the bonus are required (subject to the execution of the full Lots volume required to make the entire Bonus amount available for withdrawal , It is not possible to withdraw a partial amount from the bonus).”

  4. Try a simpler way of trading with FXMasterBot

  5. Become an FXMasterBot trader today

    Join FXMasterBot and become a trading master! FXMasterBot is a forex and cryptocurrencies trading software that takes your trading to the next level. It allows you to trade signals on forex pairs like EURUSD or the hottest cryptocurrencies like Bitcoin. You also get the best customer support available. Get your FREE account now

  6. Markets.Online Trading software

    Markets.Online offers only web-based proprietary trading software. This means that traders don’t have to download it and install it. This also allows them to trade from multiple computers, for example, work and home computer. Basically, unless you make a deposit this is all the information you will get about the trading platform, as there is no demo available or platform simulation. Nowadays, more and more traders give the advantage to brokers that are offering them a free demo account, as well as different types of online trading platforms that can be accessed with and without installation and download.

    What Markets.Online does offer is an asset index where you can check all the available assets. The list is divided into several categories:

    • Currencies
    • FX Extra (some less popular currency pairs)
    • Commodities
    • Indices

    There are 42 currency pairs, 24 FX Extra pairs, 6 commodities, and 13 indices. Just a quick glance proves how this is much less than promised 300 underlying assets.

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. Markets.Online Support information

    As always, we try to do our best in providing detailed reviews, so in Markets.Online reviews we had to test customer support as well. There is a simple live chat button available on all pages. Once you click it, and fill out a simple online form you will get access to customer support agent. We talked to an agent regarding the demo account. The response was swift and easy to understand (even though it definitely wasn’t what we wanted to hear). There is also a phone number, email, fax number and online form you can use.

    Markets.Online also offers a simple FAQ section that provides only basic answers. There is no in-depth education involved when it comes to trading with this broker. We hope they will add more educational materials in the future. The platform and Markets.Online website are available only in English language.

  9. Try a simpler way of trading with FXMasterBot

  10. Markets.Online Payment Methods

    Markets.Online asks for $250 minimum deposit. The deposits can be executed via credit cards and bank wire. In terms and conditions they are also mentioning e-wallets, but that payment method is not advertised nor it was offered to us upon registration.

    Minimal withdrawals are limited, depending on the method you choose

    • Credit Card- 100 USD/GBP/EURO
    • Bank Wire Transfer- 500 USD/GBP/EURO
    • E-Wallet- 100 USD/GBP/EURO

    Markets.Online also charges several fees for withdrawals

    • Wire Transfers- 50 USD/GBP/EURO
    • Credit Card-25 USD/GBP/EURO
    • Processing Fee for Credit Cards – 10 USD, 5 GBP or 7 EUR
    • E-payments- 25 USD/GBP/EURO

    Credit card users must pay both withdrawal and processing fee. Markets.Online also charges an additional fee of 10% for withdrawals from accounts that haven’t reached $200 in trading volume. Also, before you withdraw any funds, make sure to deliver all necessary verification documents prior to withdrawing, as well as confirm the withdrawal via the phone.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

  12. Your capital is at risk
FBO Awards