MARKETRIP Forex Broker

Note: MARKETRIP's official website:https://www.marketrip.co/ is currently inaccessible normally.MARKETRIP Review Summary in PointsCompany nameMARKETRIPRegistered country/regionUnited KingdomRegulationUnregulatedTrading Platformsweb-based platformMarket InstrumentsCFDs on FX pairs and indices, commodities, precious metals, stocks and cryptocurrenciesDemo AccountNot availableMinimum Deposit250USD/EUR/GBPMaximum Leverage1:400Spread3Customer SupportPhone: 442038079032Email: support@marketripmail.comMARKETRIP Information MARKETRIP was established in the United Kingdom. It provides various instruments including CFDs on FX pairs and indices, commodities, precious metals, stocks and cryptocurrencies.Pros and ConsProsConsVarious market instrumentsNot regulatedWebsite can't be opened nowIs MARKETRIP Legit? MARKETRIP's current regulatory status: Unregulated.What Can I Trade on MARKETRIP? You can trade dozens of products including CFDs on FX pairs and indices, commodities, precious metals, stocks and cryptocurrencies.Tradable Instruments Supported CFDs✔FX pairs✔indices✔commodities✔precious metals✔stocks✔cryptocurrencies✔Account Type MARKETRIP provides 6 real accounts:Basic, VIP -Invitation only, Diamond, Platinum, Gold, Silver.Account Type Minimum DepositMaximum LeverageBasic250USD/EUR/GBP1:100Silver5,000USD/EUR/GBP1:200Gold15,000USD/EUR/GBP1:300Platinum50,000USD/EUR/GBP1:300Diamond100,000,00USD/EUR/GBP1:400Vip-Invitation only250,000,00USD/EUR/GBP1:400MARKETRIP FeesMaximum Leverage: Clients can experience leverage of 1:100 on Basic accounts, 1:200 on Silver accounts, up to 1:300 on GoldorPlatinum accounts, and up to 1:400 on Diamond or VIP accounts.Spread: We tested on MARKETRIPs web trading platform and found that the spread on the EUR/USD currency pair was fixed at 3 pips. MARKETRIP also charges some other fees.Charge: If a trader does not trade for 45 days, the broker will charge a monthly inactivity fee of $100. Additionally, there is an additional $100 fee for traders who use automated trading software but do not trade up to a certain volume.Trading Platform MARKETRIP says it offers traders two options: Metatrader4 and a web-based platform. However, we only have access to web-based trading platforms.Trading PlatformSupportedAvailable Devices Suitable for web-based platform✔Web, PCAnyoneMetatrader4❌Web, PCAnyoneDeposit and Withdrawal MARKETRIP accepts deposits via credit/debit cards such as Visa and MasterCard. The minimum deposit is $250. Please note that there is a $25 fee per transfer, and withdrawals via credit card will be subject to a 3.5% fee, which is Visa/MasterCard's standard processing rate. Deposit OptionsDeposit Options Min. DepositFees Processing Time credit cards$250$25 fee per transferNo mentiondebit cards$250$25 fee per transferNo mentionVisa$250$25 fee per transferNo mentionMasterCard$250$25 fee per transferNo mention Withdrawal Options Withdrawal Options Min. Withdrawal Fees Processing Time credit cardsNo mentionNo mentionNo mentiondebit cardsNo mentionNo mentionNo mentionVisaNo mention3.5% feeNo mentionMasterCardNo mention3.5% feeNo mention