Morning Markets Forex Broker

Morning MarketsReview SummaryFounded2018Registered Country/RegionVanuatuRegulationVSFC (Suspicious clone)Market InstrumentsForex, precious metals, stock indexes, crude oilDemo Account/Leverage1:100 - 1:400SpreadFrom 0.5 pipsTrading PlatformMT5Min Deposit$100Customer SupportPhone: 0086 - 02989873607Email: cs@morningfx.comContact FormCompany Address: 3-12008, Zhenxiangbaoku No.5, Weiyang Road, Weiyang District, Xi'an City, Shanxi Province, ChinaRegional RestrictionsThe United States, North Korea, Iran, Vanuatu Morning Markets is a trading platform offering various trading products, including forex, precious metals, stock indexes, and crude oil. They provide a user-friendly platform, the popular MT5, and boast competitive spreads starting from 0.5 pips. It is incorporated in China and is currently unregulated.Pros & ConsProsConsVarious market instrumentsSuspicious clone FSC licenseFlexible leverage ratiosStrict regional restrictionsMT5 supportedIs Morning Markets Legit? No. Morning Markets' license is suspected to be a fake clone, which indicates that Morning Markets lacks proper regulation.Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberRegulatory Status Vanuatu Financial Services Commission (VFSC)MORNING MARKETS LTDRetail Forex License14677Suspicious CloneWhat Can I Trade on Morning Markets?Trading AssetAvailableforex✔precious metals✔stock indexes✔crude oil ✔cryptocurrencies❌bonds❌options❌ETFs❌Account TypeAccount TypeMin DepositMin Transaction VolumeMini $1000.01 lotStandard $2 0000.1 lotECN $10 0000.01 lotLeverageAccount TypeLeverageMini 1∶100-1∶200Standard 1∶100-1∶400ECN 1∶100-1∶400 It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Trading Platform Morning Markets utilizes the popular MetaTrader 5 (MT5) platform for its trading operations.Trading PlatformSupported Available Devices Suitable for MT4❌Desktop, Mobile, WebBeginnersMT5✔Desktop, Mobile, WebExperienced tradersDeposit and Withdrawal Visa, Master card, Paypal, American, and Stripe are available for depositing and withdrawing on Morning Markets.