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Market Pro Trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://marketprotrade.com/register, about the company's legal and temporary regulatory information, the company's address First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St Vincent and the Grenadines.

Market Pro Trade Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
EmTechvio Pro LLC
Abbreviation
Market Pro Trade
Company employee
--
Customer Service Email Address
support@marketprotrade.com
Contact Number
+442080979115
Company address
First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St Vincent and the Grenadines
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Registered Country/Area Saint Vincent and the Grenadines Founded Year 2-5 years Company Name EmTechvio Pro LLC Regulation No valid regulation Minimum Deposit $500 Maximum Leverage Up to 1:400 for major currency pairs Spreads Platinum: From 0.6 pips (EUR/USD), Gold: From 0.8 pips (EUR/USD), Silver: From 1.0 pips (EUR/USD) Trading Platforms MetaTrader 4 (MT4) Tradable Assets Futures, Options, Forex, CFDs Account Types Platinum, Gold, Silver Demo Account Not specified Islamic Account Not specified Customer Support Phone: +442080979115, Email: support@marketprotrade.com Payment Methods Credit card, Debit card, Bank wire transfer, PayPal Educational Tools Not specified Overview of Market Pro Trade Market Pro Trade is a company based in Saint Vincent and the Grenadines operating without any valid regulation. This lack of regulation raises concerns about the safety and security of investors' funds. The broker offers a range of market instruments, including futures, options, forex, and CFDs. However, potential clients should be cautious and aware of the risks associated with dealing with an unregulated broker. The broker provides three account types: Platinum, Gold, and Silver. Each account type offers different leverage, spreads, and commissions. The maximum leverage available is 1:400 for major currency pairs. Deposits can be made via credit card, debit card, bank wire transfer, and PayPal, with a minimum deposit requirement of $500. Market Pro Trade uses the MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and comprehensive set of tools. Customer support is available through a phone line and email. Reviews suggest some negative experiences, such as the company's website being down and concerns about withdrawal processing. Pros and Cons Market Pro Trade presents a mix of advantages and disadvantages for potential traders. On the positive side, it offers a diverse array of futures, options, forex, and CFD trading opportunities. Traders can also take advantage of high leverage of up to 1:400 for major currency pairs. Additionally, Market Pro Trade accepts various deposit methods. However, the absence of proper regulation raises safety concerns, and the website's current unavailability may suggest instability. Furthermore, some traders have reported negative experiences, including withdrawal issues and limited customer support. Additionally, the minimum deposit requirement of $500 might be considered relatively high for some users, and there is no demo account available for those who wish to test the platform beforehand. Overall, traders should carefully weigh the pros and cons before making their investment decisions. Pros Cons Offers a range of futures and options trading opportunities. Operates without any valid regulation, raising safety concerns. Provides forex trading with major currency pairs. Vague trading fees and conditions Offers CFD instruments for popular stocks. High minimum deposit requirement of $500. Leverage of up to 1:400 available for major currency pairs. Website currently down, suggesting possible instability. Multiple account types with varying features and fees. No demo account available User-friendly MetaTrader 4 (MT4) trading platform available. Some negative experiences reported by users, including withdrawal issues. Accepts various deposit methods, including credit/debit cards and PayPal. Limited customer support Is Market Pro Trade Legit? Market Pro Trade operates without any valid regulation, which raises significant concerns regarding the safety and security of investors' funds. Potential clients should exercise extreme caution and be fully aware of the inherent risks associated with dealing with an unregulated broker. Without proper oversight and accountability, there may be limited recourse in case of any disputes or fraudulent activities. It is essential to thoroughly research and consider alternative, regulated options to safeguard your investments effectively. Market Instruments FUTURES Market Pro Trade offers a range of futures instruments, including E-mini S&P 500, E-mini Nasdaq 100, E-mini Dow Jones Industrial Average, and E-mini Russell 2000. These futures contracts allow traders to speculate on the future price movements of these respective stock market indexes without owning the underlying assets. OPTIONS The broker also provides options trading opportunities, such as S&P 500 options, Nasdaq 100 options, Dow Jones Industrial Average options, and Russell 2000 options. Options grant traders the right, but not the obligation, to buy or sell the underlying assets at a predetermined price within a specified time frame. FOREX Market Pro Trade facilitates forex trading with major currency pairs like EUR/USD, USD/JPY, GBP/USD, and USD/CAD. Forex trading involves the exchange of one currency for another, and traders profit from fluctuations in exchange rates between these currency pairs. CFDs Contract for Difference (CFD) instruments available on Market Pro Trade's platform include popular stocks like Apple, Amazon, Microsoft, and Tesla. CFDs enable traders to speculate on the price movements of these assets without owning them directly, providing an opportunity to benefit from both rising and falling prices. Pros Cons Diverse range of futures instruments available. Lack of regulatory oversight for futures trading, raising safety concerns. Options trading opportunities for major stock indexes. Limited information on trading fees and conditions for options trading. Forex trading with major currency pairs is facilitated. Absence of detailed information on spreads and commissions for forex trading. Account Types Platinum: This account type offers a leverage of 1:400 and provides spreads of 0.6 pips on EUR/USD and 0.8 pips on GBP/USD. Additionally, traders benefit from a reduced commission of $1 per round turn. Gold: With a maximum leverage of 1:300, the Gold account type provides traders with spreads of 0.8 pips on EUR/USD and 1.0 pips on GBP/USD. The commission per round turn is set at $2, making it an option for traders looking for lower transaction costs. Moreover, the account requires a margin of 15% for Premium users. Silver: The Silver account type offers a leverage of 1:200 and provides spreads of 1.0 pips on EUR/USD and 1.2 pips on GBP/USD. Traders using this account are subject to a commission of $3 per round turn. The account also requires a margin of 20%. Pros Cons High leverage options (up to 1:400) No information on additional account benefits Reduced commission of $1 per round turn for Platinum account. Commission fees vary among account types Margin requirements are relatively high for Silver account Leverage Market Pro Trade offers leverage of up to 1:400 for major currency pairs. This means that for every $100 deposited, a trader can control a position worth up to $40,000. The maximum leverage available may vary depending on the account type and the currency pair being traded. Spreads & Commissions Market Pro Trade offers three account types with spreads starting from 0.6 pips on EUR/USD and 0.8 pips on GBP/USD for the Platinum account, 0.8 pips on EUR/USD and 1.0 pips on GBP/USD for the Gold account, and 1.0 pips on EUR/USD and 1.2 pips on GBP/USD for the Silver account. The commissions per round turn are $1, $2, and $3, respectively, with varying margin requirements for different account types. Minimum Deposit Market Pro Trade requires a minimum deposit of $500 to open an account. There are no other fees or charges associated with the minimum deposit. Deposit & Withdrawal Market Pro Trade accepts deposits via credit card, debit card, bank wire transfer, and PayPal. The minimum deposit amount is $500. Withdrawals are allowed via bank wire transfer and PayPal. The minimum withdrawal amount is $50. There is a $25 fee for wire transfers and a $0.30 fee for PayPal withdrawals. Credit card and debit card deposits are typically processed instantly, while bank wire transfers and PayPal withdrawals can take up to 3 business days to process. Pros and Cons Pros Cons Accepts various deposit methods High minimum deposit requirement of $500 Credit/debit card deposits are instant Fees of $25 for wire transfers and $0.30 for PayPal withdrawals Allows withdrawals via bank wire and PayPal Bank wire and PayPal withdrawals can take up to 3 business days Trading Platforms Market Pro Trade provides the MetaTrader 4 (MT4) trading platform, a widely recognized and widely used platform among traders. MT4 offers a user-friendly interface and a comprehensive set of tools, making it suitable for both novice and experienced traders. With advanced charting capabilities, technical indicators, and real-time market data, MT4 allows traders to analyze and execute trades. Additionally, the platform supports automated trading with expert advisors, enabling traders to implement their strategies seamlessly. Pros Cons Utilizes widely recognized and widely used MetaTrader 4 (MT4) platform. No mention of other available trading platforms, limiting user options. User-friendly interface with a comprehensive set of tools. No alternative platforms available Advanced charting capabilities, technical indicators, and real-time market data. Limited information on customer support options and response times. Customer Support Market Pro Trade provides customer support through various channels. For English-speaking clients, they offer a phone line with the number +442080979115. Additionally, customers can reach them via email at support@marketprotrade.com, allowing for communication for any inquiries or concerns. Reviews According to reviews on WikiFX, there have been some negative experiences with Market Pro Trade. One user reported that the company's website is down, but there were no indications of being cheated, suggesting the possibility of the company going out of business rather than being a scammer. Another user mentioned that a staff member from Market Pro Trade requested additional money to process their withdrawal, leading to suspicions of dishonesty and delays in receiving their funds. These reviews indicate some concerns regarding the company's reliability and customer service. Conclusion Market Pro Trade presents both advantages and disadvantages to potential clients. On the positive side, the broker offers a variety of market instruments, including futures, options, forex, and CFDs, providing traders with diverse opportunities. Additionally, the availability of different account types with varying leverage and spreads may cater to traders with different risk appetites. Moreover, the use of the widely recognized MetaTrader 4 trading platform enables trade execution and analysis. However, on the downside, Market Pro Trade operates without any valid regulation, which raises significant concerns about the safety and security of investors' funds. The lack of oversight and accountability may pose risks to traders in case of disputes or fraudulent activities. Additionally, according to reviews, there have been negative experiences, including difficulties in accessing the website and concerns about withdrawal processes, which may affect the company's reliability and customer service. FAQs Q: Is Market Pro Trade a legitimate broker? A: Market Pro Trade operates without valid regulation, raising concerns about the safety of funds. It is essential to exercise caution and research regulated alternatives. Q: What market instruments does Market Pro Trade offer? A: Market Pro Trade offers futures, options, forex, and CFDs for trading on their platform. Q: What are the different account types available? A: Market Pro Trade offers Platinum, Gold, and Silver account types with varying leverages and spreads. Q: What is the maximum leverage offered by Market Pro Trade? A: Market Pro Trade offers leverage of up to 1:400 for major currency pairs. Q: What are the spreads and commissions for each account type? A: Spreads start from 0.6 pips for EUR/USD in the Platinum account, 0.8 pips in the Gold account, and 1.0 pips in the Silver account. Commissions range from $1 to $3 per round turn. Q: What is the minimum deposit requirement? A: Market Pro Trade requires a minimum deposit of $500 to open an account. Q: What are the deposit and withdrawal options? A: Market Pro Trade accepts deposits via credit card, debit card, bank wire transfer, and PayPal. Withdrawals are allowed through bank wire transfer and PayPal. Q: Which trading platform does Market Pro Trade use? A: Market Pro Trade uses the MetaTrader 4 (MT4) platform, known for its user-friendly interface and comprehensive tools. Q: How can I contact Market Pro Trade's customer support? A: Customer support can be reached through a phone line and email for prompt communication. Q: What do reviews say about Market Pro Trade? A: Reviews mention concerns about the company's website being down and potential delays in withdrawals, indicating some issues with reliability and customer service.

Rating Index

Platinum

Minimum Deposit
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Gold

Minimum Deposit
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How to login to Market Pro Trade?
Market Pro Trade Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Market Pro Trade Account Registering for a Market Pro Trade account is the first step towards accessing trading opportunities in stocks, cryptocurrenci

  

Market Pro Trade Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Market Pro Trade, established in the last 2 to 5 years, is a forex broker operating under the entity Em Techvio Pro LLC. The company is headquartered in Saint Vincent and the Grenadines, a location known for its lenient regulatory environment. As a private entity, Market Pro Trade focuses on providing trading services primarily to retail clients, including individuals seeking to engage in forex trading and other financial instruments.

  Throughout its relatively short history, Market Pro Trade has aimed to cater to a diverse clientele by offering a range of trading products and services. The broker specializes in retail forex trading, CFDs, and various asset classes, appealing to both novice and experienced traders. The firms business model emphasizes accessibility and user-friendly trading experiences while leveraging technology to facilitate transactions.

  As a part of its growth strategy, Market Pro Trade has introduced multiple account types and trading platforms, aiming to attract a wide array of traders. The broker's commitment to customer service and education is evident in its offerings, which include trading tools and resources designed to enhance the trading experience.

  Market Pro Trade broker has positioned itself as a competitive player in the forex trading landscape, focusing on providing essential services to traders looking to explore international markets.

  

2. Regulatory and Compliance Information

  Market Pro Trade operates without any valid regulatory oversight, which raises significant concerns regarding the safety and security of investors' funds. The broker does not fall under the jurisdiction of any major regulatory bodies, leading to potential risks for clients seeking protection for their investments.

  The absence of regulation means that there is no regulatory number or license that clients can reference for assurance. Consequently, customers may find themselves exposed to higher risks, including issues related to fund withdrawals and transaction transparency.

  Market Pro Trade does not participate in any investor compensation schemes, which further heightens the risk for clients. The company has not disclosed any specific KYC (Know Your Customer) or AML (Anti-Money Laundering) compliance measures, which are essential for ensuring secure trading environments and protecting against fraudulent activities.

  In summary, the lack of regulatory oversight combined with the absence of established compliance protocols makes it imperative for potential clients to exercise caution when considering the Market Pro Trade broker for their trading needs.

  

3. Trading Products and Services

  Market Pro Trade offers a variety of trading products, which include:

  • Forex Currency Pairs: The broker provides a selection of major, minor, and exotic currency pairs, facilitating forex trading for various market participants.
  • CFD Products: Clients can trade Contracts for Difference (CFDs) on indices, commodities, stocks, and cryptocurrencies. This variety allows traders to diversify their portfolios and capitalize on market movements across different asset classes.

  The broker continually updates its product offerings, aiming to introduce new trading instruments as market demands evolve. Retail trading services are a primary focus, with features designed to support individual traders in executing their strategies effectively.

  Market Pro Trade does not explicitly mention any institutional services or white-label solutions, indicating a primary focus on retail clients. However, the broker may offer asset management services, although specific details are not readily available.

  Overall, the product range provided by Market Pro Trade broker is competitive, catering to a broad spectrum of trading interests and preferences.

  

4. Trading Platforms and Technology

  Market Pro Trade supports the widely recognized MetaTrader 4 (MT4) trading platform, which is favored for its user-friendly interface and comprehensive suite of trading tools. The MT4 platform allows traders to execute trades, analyze market data, and utilize automated trading strategies through Expert Advisors (EAs).

  The broker does not appear to offer a proprietary trading platform, focusing instead on the established MT4 framework to deliver a robust trading experience. Additionally, the availability of a web-based trading platform enhances accessibility for users who prefer not to download software.

  Mobile trading is supported through applications available for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. The broker utilizes advanced technology infrastructure, ensuring that trading operations run smoothly and efficiently.

  Market Pro Trade implements an ECN (Electronic Communication Network) execution model, which is designed to provide competitive pricing and fast order execution. The broker's server locations and technological capabilities contribute to a reliable trading environment.

  API access is also supported, enabling traders to engage in automated trading and integrate their strategies seamlessly with the platform.

  

5. Account Types and Trading Conditions

  Market Pro Trade offers several account types tailored to meet the needs of different traders:

  • Standard Account: This account typically has a minimum deposit requirement of $500, with spreads starting from 0.6 pips for major currency pairs. Commissions vary based on account type and trading volume.
  • Advanced Account Types: The broker provides higher-tier accounts, such as VIP or professional accounts, which may offer reduced spreads and commissions, catering to high-volume traders.
  • Islamic Account: Market Pro Trade may offer Islamic accounts that comply with Sharia law, though specific details are not disclosed.
  • Demo Account Policy: A demo account is available for traders to practice their strategies without financial risk.

  The broker allows leverage ratios of up to 1:400, providing traders with the ability to control larger positions with smaller capital. The minimum trade size is typically set at 0.01 lots, accommodating both small and large traders.

  Market Pro Trade has policies regarding overnight fees, which may apply depending on the positions held overnight.

  In conclusion, the account offerings and trading conditions at Market Pro Trade broker are structured to accommodate a wide range of trading styles and preferences.

  

6. Fund Management

  Market Pro Trade supports various deposit methods, including:

  • Bank Transfers
  • Credit and Debit Cards
  • E-Wallets (such as PayPal)

  The minimum deposit requirement is set at $500 for most account types, which may be considered relatively high compared to other brokers.

  Deposit processing times vary, with credit and debit card transactions typically processed instantly, while bank transfers may take longer. The broker may impose fees for certain deposit methods, although specific details are not clearly outlined.

  Withdrawals can be made via bank wire transfers and e-wallets, with a minimum withdrawal amount of $50. Withdrawal processing times can take up to 3 business days, and fees may apply, such as a $25 charge for wire transfers and a $0.30 fee for PayPal withdrawals.

  Overall, the fund management process at Market Pro Trade broker is standard for the industry, but potential clients should be aware of the associated costs and processing times.

  

7. Customer Support and Educational Resources

  Market Pro Trade provides customer support through multiple channels, including:

  • Phone Support: Available at +442080979115
  • Email Support: Clients can reach out via support@marketprotrade.com
  • Live Chat: An online chat feature may be available for immediate assistance.

  The broker's customer service operates within specific hours, typically covering key trading time zones. Multilingual support is not explicitly mentioned, so clients should verify language availability when contacting support.

  Market Pro Trade offers various educational resources, including webinars, tutorials, and market analysis services. These resources aim to equip traders with the knowledge necessary to navigate the financial markets successfully.

  Trading tools such as calculators, economic calendars, and signal services are also available to assist traders in making informed decisions.

  In summary, the customer support and educational offerings at Market Pro Trade broker are designed to enhance the overall trading experience and support clients in their trading endeavors.

  

8. Regional Coverage and Restrictions

  Market Pro Trade primarily serves clients in various regions, with a focus on retail traders. The broker's operations are not limited to a specific geographic area, allowing for a broader market reach.

  However, there may be restrictions on clients from certain countries due to regulatory considerations. Specific countries that Market Pro Trade does not accept clients from are not explicitly listed, so potential users should check directly with the broker for the most accurate information.

  The broker's regional offices, if any, are not clearly specified in the available resources, which may limit local support options for clients in certain areas.

  In conclusion, while Market Pro Trade broker aims to provide a wide range of services, potential clients should be aware of the regional limitations and verify their eligibility before proceeding.

  This comprehensive overview of Market Pro Trade broker provides essential insights into its operations, offerings, and potential concerns for traders. As always, individuals should conduct thorough research and consider their options carefully before engaging with any broker, particularly those without regulatory oversight.

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Latest Reviews

チャンミン

チャンミン

United Kingdom

The Market Pro Trade website is down. Fortunately, I haven't seen anyone saying that they were cheated by this company. Maybe it wasn't a scammer and just went out of business. Scammers are really hateful! Instaed of working, they just steal other people's hard-earned money... They deserve severe punishment.

Positive

2023-03-16

小柳同学

小柳同学

Singapore

A staff of Market Pro Trade contacted me and claims that I should deposit more money for my withdrawal to be processed. They wanted to view my account and process more transfers claiming that my withdrawal request is being processed. Please, never open your bank account for any petty thief on any desk. To date, my withdrawal has not been processed.

37130

2023-03-10

Market Pro Trade Forex Broker has an overall rating of 1.48, Regulatory Index 0.00, License Index 0.00, Business Index 6.74, Software Index 4.00 Risk Control Index 0.00.
Market Pro Trade