Trade Markets Forex Broker
Basic Information
Cyprus
10-15 years Regulated in Cyprus Market Maker (MM) MT4 Full License Regional Brokers High potential riskCompany profile
Rating Index
Trade Markets Forex Broker - Complete Information Guide
1. Broker Overview
Trade Markets, officially known as NBH Markets EU Ltd, was established in 2013 and is headquartered in Limassol, Cyprus. As a Cyprus Investment Firm (CIF), it operates under the regulations of the Cyprus Securities and Exchange Commission (CySEC), holding the license number 208/13. Trade Markets primarily serves retail forex traders and institutional clients, offering a diverse range of trading products across various financial markets.
The company has experienced significant growth and development since its inception, marked by the introduction of multiple account types and trading platforms designed to cater to the needs of its clients. Trade Markets has built a reputation for providing a transparent and user-friendly trading environment, which is evident in its commitment to regulatory compliance and customer service.
As part of its operational model, Trade Markets focuses on retail forex trading and provides various services, including portfolio management and concierge trading. This diverse service offering allows the broker to cater to both novice and experienced traders, ensuring that all clients have access to the tools and resources needed to succeed in the trading environment.
2. Regulation and Compliance Information
Trade Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC), which ensures that the broker adheres to strict financial regulations aimed at protecting investors. The regulatory license number is 208/13, and the firm operates under the laws applicable to Cyprus-based investment firms.
The broker maintains a commitment to regulatory compliance, ensuring that it meets the necessary requirements to operate legally within the financial markets. Trade Markets has implemented a robust framework for Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, which are essential for maintaining the integrity of its operations.
Customer funds are kept in segregated bank accounts, providing an additional layer of security for clients. This means that in the event of financial difficulties faced by the broker, client funds remain protected and are not accessible to creditors. Furthermore, Trade Markets is a member of the Investor Compensation Fund, which provides compensation to clients in the unlikely event that the broker cannot fulfill its obligations.
3. Trading Products and Services
Trade Markets offers a wide variety of trading products, primarily focusing on forex trading. The broker provides access to hundreds of currency pairs, including major, minor, and exotic pairs. Specifically, clients can trade seven major pairs, fourteen minor pairs, and thirty-three exotic pairs. The spreads for major pairs start at 3 pips, while minor pairs begin at 4 pips and exotic pairs at 25 pips.
In addition to forex, Trade Markets also offers Contract for Difference (CFD) trading across various asset classes, including indices, commodities, and stocks. Clients can access seventeen commodities, such as gold and silver, and trade over two hundred stocks, including major companies like Google and Amazon. Furthermore, the broker provides access to twenty-four major indices, including the Dow Jones 30 and S&P 500.
Trade Markets continuously updates its product offerings, ensuring that clients have access to the latest trading instruments. This dynamic approach allows the broker to cater to a diverse clientele, from retail traders to institutional investors, by offering tailored solutions that meet their specific trading needs.
4. Trading Platforms and Technology
Trade Markets supports the widely recognized MetaTrader 4 (MT4) platform, which is known for its advanced charting tools, automated trading capabilities, and user-friendly interface. In addition to MT4, Trade Markets has developed its own proprietary trading platform, known as Trade Markets Trader, which is accessible directly through web browsers, providing flexibility for clients who prefer not to download software.
The broker's trading platforms are compatible with both iOS and Android devices, allowing clients to trade on the go. This mobile compatibility ensures that traders can manage their accounts and execute trades anytime, anywhere, enhancing their overall trading experience.
Trade Markets operates on a Market Maker execution model, providing clients with competitive spreads and fast order execution. The broker's technical infrastructure is designed to support efficient trading operations, and it offers API access for clients interested in automated trading solutions.
5. Account Types and Trading Conditions
Trade Markets offers a variety of account types to cater to different trading preferences and experience levels. The available accounts include:
- Basic Account: Minimum deposit of $250, starting spreads from 0.1, and a commission of $12 per lot.
- Bronze Account: Minimum deposit of $1,000, similar trading conditions as the Basic Account.
- Silver Account: Minimum deposit of $2,500, with improved features and lower commissions.
- Gold Account: Minimum deposit of $5,000, offering enhanced trading conditions.
- Premium Account: Minimum deposit of $50,000, with the best trading conditions and personalized services.
The broker also provides a demo account for clients to practice trading without risking real funds. Leverage is available up to 1:30, depending on the account type and trading instrument. Minimum trade sizes and overnight fees vary across account types, allowing traders to choose options that best suit their trading strategies.
6. Fund Management
Trade Markets supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with the Basic Account starting at $250. Deposits are typically processed quickly, with most methods offering instant transactions.
Withdrawal options are also diverse, allowing clients to choose from the same methods used for deposits. Withdrawal processing times can vary; however, most requests are handled within 24 hours. Trade Markets maintains a transparent fee structure, with specific withdrawal fees applicable depending on the chosen method.
The broker emphasizes the importance of security in fund management, employing stringent measures to protect client funds and ensure safe transactions.
7. Customer Support and Educational Resources
Trade Markets provides comprehensive customer support through multiple channels, including telephone, email, live chat, and social media. The support team is available during business hours, ensuring that clients can receive assistance when needed.
The broker offers support in multiple languages, catering to its diverse client base. Educational resources include webinars, tutorials, and e-books, designed to help traders improve their skills and knowledge of the markets. Additionally, Trade Markets provides market analysis services, including daily reports and research updates, to keep clients informed about market trends.
Traders can also access various trading tools, such as calculators and economic calendars, to enhance their trading strategies and decision-making processes.
8. Regional Coverage and Restrictions
Trade Markets primarily serves clients from over 40 countries, with a strong focus on the European market. The broker has established regional offices to support its international clientele effectively. However, there are specific jurisdictions from which Trade Markets does not accept clients, including the United States and United Kingdom, due to regulatory restrictions.
The broker's operational model is designed to ensure compliance with local regulations, and it continuously monitors changes in the regulatory landscape to adapt its services accordingly.
In conclusion, Trade Markets is a well-established forex broker that offers a wide range of trading products, competitive trading conditions, and robust customer support. With its commitment to regulatory compliance and continuous improvement, Trade Markets aims to provide a transparent and secure trading environment for its clients. As a trusted trade markets broker, it remains dedicated to helping traders achieve their financial goals.
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Latest Reviews
° 生性凉薄
United Kingdom
It is a sharply regulated and trustable broker with a well-established company. Account opening is smooth and fully digital, there is a great range of markets and instruments, good trading and professional trading platforms with education and research.
Positive
2023-02-21
一會
Taiwan
In May of this year, I joined a line group that claimed to be Teacher Yang Jiaxiang. At the beginning, I took everyone to operate stocks. In the last two months, I started to teach you how to operate foreign exchange. The winning rate is almost 100%. The teacher provides a black platform for everyone to log in and follow along. Many people in it followed the operation and felt that some were stilted. Later, I also joined and followed the operation. The winning rate is almost 100%. But on 12/24, I asked for the first withdrawal. Group and the black platform can no longer log in to contact the teacher. The personal line and TMarkets online customer service did not respond. I realized that I was scammed. Now there is no way to deal with it. I am ready to file. I hope no one will be deceived again.
Exposure
2022-12-28
as6836
Germany
Good and useful platform overall! Professional advice and people.
Positive
2023-05-08