Search

For more information about MarketsVox Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Software Index

White Label

License

FSA Offshore Regulated

MarketsVox Company

  

MarketsVox Company Overview

  

Founding Date and Background

  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.

  

Parent Company/Ownership Structure

  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.

  

Headquarters Location

  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.

  

Global Business Scope

  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.

  

Main Regulatory Bodies

  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.

  Back to top

  

Company History and Development

  

Key Milestones

  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.

  

Business Expansion Journey

  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.

  

Customer Base Growth

  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.

  

Platform Development History

  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.

  

Important Awards or Recognitions Received

  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.

  Back to top

  

Trading Services Offered

  

Forex Trading Options

  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.

  

Stock Trading Options

  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.

  

CFD Trading Products

  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.

  

Other Financial Instruments

  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.

  

Special Services or Unique Advantages

  MarketsVox distinguishes itself through several unique offerings:

  • High Leverage: Traders can access leverage of up to 1:2000, allowing for significant trading potential with relatively low capital.
  • Copy Trading and MAM Accounts: The broker offers copy trading services, enabling clients to replicate the trades of successful traders. Additionally, MAM accounts cater to money managers, allowing them to manage multiple accounts from a single master account.
  • Educational Resources: MarketsVox provides mentorship programs and a glossary for beginners, enhancing the trading experience for novice traders.

  Back to top

  

Regulatory and Legal Background

  

Detailed Regulatory Information

  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.

  

Client Fund Protection Measures

  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.

  

Countries/Regions Served

  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.

  

Compliance History

  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.

  Back to top

  

Competitive Landscape

  

Main Competitors

  MarketsVox operates in a competitive landscape with several notable competitors, including:

  • FBS: Known for its low spreads and a wide range of trading accounts.
  • Admiral Markets: Offers a comprehensive selection of financial instruments and robust trading platforms.
  • Exness: Recognized for its high leverage and extensive educational resources.
  • RoboForex: Provides diverse account types and trading instruments.
  •   

    Positioning in the Industry

      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.

      

    Market Differentiation Factors

      MarketsVox differentiates itself through:

    • High Leverage: Offering leverage of up to 1:2000, appealing to traders seeking higher risk-reward scenarios.
    • Diverse Trading Options: Access to a broad range of financial instruments, including forex, CFDs, and commodities.
    • Customer-Centric Approach: Recognition for excellent customer service and support, contributing to overall client satisfaction.

      Back to top

      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.

      Learn more about MarketsVox here.