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.
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).”