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MarketsVox, originally known as ForexVox, was founded in 2018. The company was established by a group of experienced traders aiming to provide a reliable and user-friendly trading platform for both novice and experienced traders. The rebranding from ForexVox to MarketsVox occurred in 2023, reflecting the company's commitment to expanding its service offerings and enhancing its market presence.
MarketsVox operates under the ownership of ForexVox (Seychelles) Financial Services Ltd. This legal entity is responsible for managing the trading operations and ensuring compliance with regulatory standards.
The headquarters of MarketsVox is located in Victoria, Seychelles. This strategic location allows the company to operate in a favorable regulatory environment while accessing global financial markets.
MarketsVox offers a wide range of trading services to clients across various regions. The broker targets both retail and institutional traders, providing access to over 100 financial instruments, including forex, commodities, indices, and CFDs. However, certain countries, such as the United States, Belgium, Iran, and North Korea, are excluded from their service offerings due to regulatory constraints.
MarketsVox is regulated by the Financial Services Authority (FSA) of Seychelles, under license number SD 142. This regulatory oversight is crucial in maintaining transparency and protecting client interests.
Since its inception, MarketsVox has achieved several significant milestones. The rebranding in 2023 marked a pivotal moment, allowing the company to better communicate its expanded service offerings. The launch of the MT5 trading platform further enhanced its technological capabilities, providing traders with advanced features and tools.
MarketsVox has steadily expanded its business operations by diversifying its product offerings and enhancing its trading infrastructure. The introduction of various account types, such as standard, ECN, and cent accounts, has attracted a broader client base, catering to different trading preferences.
The customer base for MarketsVox has grown significantly since its founding. The broker's focus on providing competitive trading conditions, such as low spreads and high leverage, has contributed to its increasing popularity among traders. As of 2024, MarketsVox has garnered a substantial number of active clients, reflecting its successful outreach efforts.
MarketsVox initially operated on the MT4 platform but transitioned to MT5 to leverage its advanced features and improved user experience. The MT5 platform supports automated trading, advanced charting tools, and a wider range of order types, making it a preferred choice for many traders.
MarketsVox has received various awards, including recognition for its customer service and innovative trading solutions. The broker has been acknowledged as one of the fastest-growing forex brokers in recent years, highlighting its successful market penetration and client satisfaction.
MarketsVox provides access to over 70 currency pairs, allowing traders to engage in diverse forex trading strategies. The broker offers competitive spreads, with the EUR/USD spread starting as low as 0.2 pips, making it attractive for forex traders.
While MarketsVox primarily focuses on forex and CFDs, it does not offer direct stock trading options. Instead, clients can trade CFDs on indices, which include major global stock indices.
MarketsVox offers a variety of CFD trading products, including indices, commodities, and precious metals. This range allows traders to diversify their portfolios and capitalize on market movements across different asset classes.
In addition to forex and CFDs, MarketsVox provides access to commodities such as oil and precious metals like gold and silver. However, as of now, the broker does not include cryptocurrencies in its trading offerings.
MarketsVox distinguishes itself through several unique offerings:
MarketsVox is regulated by the Financial Services Authority (FSA) of Seychelles. This regulatory body oversees the broker's operations, ensuring compliance with local laws and international standards. The license number is SD 142, confirming the broker's legitimacy.
MarketsVox operates under the legal entity ForexVox (Seychelles) Financial Services Ltd, registered in Seychelles. This structure allows the broker to provide services globally while adhering to the regulatory framework set by the FSA.
To protect client funds, MarketsVox adheres to strict regulatory requirements. The broker implements measures such as segregated accounts, ensuring that client funds are kept separate from the company's operational funds.
MarketsVox serves clients from various regions, including Europe, Asia, and Africa. However, it is essential to note that residents from specific countries, including the United States, Belgium, Iran, and North Korea, are restricted from accessing its services.
MarketsVox has maintained a positive compliance history since its establishment. The broker has not faced significant regulatory issues, reflecting its commitment to adhering to the standards set by the FSA.
MarketsVox operates in a competitive landscape with several notable competitors, including:
MarketsVox positions itself as a competitive broker focusing on low trading costs, high leverage, and a user-friendly trading environment. Its commitment to customer service and innovative trading solutions enhances its standing in the forex brokerage market.
MarketsVox differentiates itself through:
In conclusion, MarketsVox has established itself as a reputable forex and CFD broker since its inception in 2018. With a strong regulatory framework, a wide range of trading services, and a commitment to customer satisfaction, it continues to attract traders globally. As the company evolves, it remains focused on enhancing its offerings and maintaining compliance with regulatory standards. For those considering trading with MarketsVox, further research and understanding of its services and conditions are recommended.