Madden Markets Limited does not specify the different types of trading accounts available for traders on their platform. However, they offer a minimum deposit of $100 to start trading. The broker claims to provide leverage of up to 1:500 and spreads starting from 2 pips. Despite these features, the lack of clear account types and details raises concerns about transparency and legitimacy.
Madden Markets Limited Broker Account Opening Process
To open an account with Madden Markets Limited, follow these steps:
- Visit the Website: Go to madsfx.com.
- Registration: Click on the account registration option on the homepage. You will need to provide personal details such as your name, email address, and phone number.
- Verification: Complete any necessary verification processes as required by the broker, although specific details on this process are not provided.
- Deposit Funds: After registration, fund your account with the minimum deposit of $100 to begin trading.
- Start Trading: Once your account is funded, you can start trading on the platform using the MetaTrader 4 (MT4) trading software.
Please note that due to the lack of regulation and transparency, it is advisable to exercise caution when dealing with this broker.
Madden Markets Limited accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .