Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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MarketsYes Broker Review

  1. In this review traders will find out about a broker specialized in CFDs and forex trading called MarketsYes. MarketsYes claims to be the industry leader that supports trading on multiple levels and in different markets with a single forex trading account.

    They also mention on their website, how MarketYes has a technologically advanced platform and many features that will be useful to traders of all kinds. MarketYes review will give traders more information about this broker, like what accounts does he offer and what tools can be used on the trading platform. There will also be additional explanations about trading experience with MarketYes.

  2. MarketYes review noted how there are different account types offered. Every Account type is created with a certain type of trader in mind, as they are offering different trading features and benefit. Traders should make an assessment of their trading needs and skills before deciding upon an account type.

    Basic Account

    • $250 minimum deposit
    • Economic calendar
    • Mobile trading
    • 24h customer support

    Standard Account

    • $1,000 minimum deposit
    • Ebook
    • Trading bonus
    • Beginner’s webinar
    • Benefits of basic account

    Intermediate Account

    • $5,000 minimum deposit
    • Forex spread: from 0.015
    • Commodities spread: from 0.07
    • Indices spread: from 0.05
    • Stocks spread: from 0.1
    • Leverage on forex: 0.1805555556
    • Leverage on other contracts: 1:20
    • Additional educational materials

    Diamond Pro Account

    • $10,000 minimum deposit
    • Spread on FX: from 0.01
    • Spread on commodities: from 0.05
    • Spread on indices: from 0.03
    • Spread on stocks: from 0.08
    • Benefits of cheaper accounts
    • Personal manager
    • 1-on-1 trading lessons

    Black Account

    • $50,000 minimum deposit
    • Spread on Forex: from 0.008
    • Spread on commodities: from 0.04
    • Spread on indices: from 0.02
    • Spread on stocks: from 0.07

    As it can be seen in our MarketsYes review, more expensive accounts have similar benefits regarding educational materials, as they include the same benefits as cheaper accounts. Their main benefit seems to be a better offer of spreads on all assets.

    Traders can also use MarketsYes demo account that comes equipped with $3,000 virtual money you can use to experience the platform.

    MarketsYes Bonus Terms

    As it can be read above in the MarketsYes review, there are also some bonuses involved. Traders can always accept the bonus, but keep in mind that it is not free money. Bonuses come with terms and conditions.

    For example, MarketsYes welcome bonus is $25. This amount is valid for 30 days only. It is important to know that leverage does not contribute to the bonus turnover and the required trading volume of x50. If the turnover is reached, maximum withdrawal amount is $25. Traders should definitely carefully read terms and conditions before accepting any sort of bonus, especially if they are using leverage to increase their liquidity.

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  5. An essential part of MarketsYes review is a review of platforms they offer. MarketsYes has a proprietary platform which means it is developed by the broker. Unfortunately, this also means that traders will have to get accustomed to the new trading platform, as most brokers offer MetaTrader platform in some form. The MarketsYes is a web-based platform, which means that no download is necessary. You can access it from any device connected to the internet as long as you know your username and password.

    MarketsYes review noticed how they are mentioning mobile trading as well. The mobile app is available for Android devices only, but let’s hope that in future they will add an iOS app as well.

    MarketsYes review showed how this platform has a very familiar layout that is common on forex trading platforms. For example, assets are listed on the left. They are easy to navigate. Next, to assets, forex traders will find a chart. The chart is supposed to show current market changes in every moment. Below the chart, users will find the list of trades. The entire platform reminds us of the binary trading platforms but can be somewhat more complicated to use for traders who prefer MT4 or MT5 platforms.

    MarketsYes platform also has an interesting feature called LiveTV where traders can watch videos with financial news from all over the world. There is also a list of biggest winners and losers among assets. There is also a list of daily news that is regularly updated and that traders can use to increase their trading opportunities.

    Traders can also create their favorites list as well as use the Countdowns. Countdown is a type of trading quite similar to binary options where you place either put or call trade and have to trade within a specific time frame set in the very beginning.

    The overall MarketsYes platform review is positive, but it is important to accentuate how it may be a better choice for traders who have never seen a forex trading platform before as it has many different characteristics from the usual and more common forex and CFDs platforms like MetaTrader4.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. MarketsYes is an interesting broker in many ways. For example, it offers website only in English. Unfortunately, there are still many traders who can’t speak English and adding some of the most popular languages would do good for this broker.

    MarketsYes review noted how there is also a customer support available for all traders. They can use live chat which is always convenient, especially if you encounter a professional agent. Then, you will receive all the information you need fairly quickly. There is also an email and online form that traders can use to get access to the broker.

    However, the live chat seems to be the best way to communicate as you can ask broker what you want without giving out your private details.

    MarketsYes also offers an educational section. All articles are divided into several categories like video on demand, beginners course, trading tools, in-depth course, commodities and futures contracts, CFDs and stocks, ecn, social trading etc… Traders should always take a look in case they don’t understand something and simply take advantage of the fact that their broker offers such a unique educational opportunity.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. MarketsYes review found out how the broker claims the following: “CFD trading service is provided by Wisetrade Global Ltd, company number 17922, licensed and authorized as Dealers in Securities by the Republic of Vanuatu. Trading service is provided by Settlement Company Corp. 23214 IBC 2016 St. Vincent and the Grenadines”.

    Minimum deposit with this broker is $250, while minimum withdrawal starts at $50. The only deposit and withdrawal method offered to us was OrangePay, but we hope that MarketsYes will add more of them in the future. In their Terms and Conditions document, MarketYes mentions credit card withdrawals and wire transfer withdrawals.

    No matter the method chosen there is a unique withdrawal fee in the amount of $10. This is something traders have to count on, especially those who are planning to withdraw smaller amounts at a time. Also, keep in mind that your bank can charge you some fees as well.

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

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