Trade Markets Broker Review

Trade Markets Review 4

Latest All(4) Positive(2) Neutral(1) Exposure(1)

Positive

Good and useful platform overall! Professional advice and people.

as6836

2023-05-08

Positive

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.

° 生性凉薄

2023-02-21

Exposure

Jiaxiang fan club super VIP line group fraud

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.

一會

2022-12-28

Neutral

Trade Markets looks great, I think the most important thing is that it has a qualified regulatory license from cysec, and its leverage is limited within 1:30. Leverage is something that all traders should take seriously because it can amplify both risk and loss.

Richie Fx

2022-12-14

Trade Markets 2025 Review: Everything You Need to Know

　　Trade Markets has carved a niche in the competitive world of online trading, but opinions on its reliability and service quality vary significantly. While some users praise its customer support and low trading costs, others have raised serious concerns about withdrawal issues and potential scams. This review aims to synthesize user experiences and expert opinions to provide a comprehensive overview of Trade Markets.

　　Note: It is essential to recognize that Trade Markets operates through various entities across different jurisdictions, which may impact regulatory compliance and user experiences. The information presented here is based on a thorough analysis of multiple sources to ensure fairness and accuracy.

Rating Overview

Category	Score (out of 10)
Account Conditions	6
Tools and Resources	5
Customer Service and Support	7
Trading Experience	6
Trustworthiness	4
User Experience	5

　　We rate brokers based on user feedback, expert opinions, and factual data collected from various sources.

Broker Overview

　　Founded in 2013, Trade Markets is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers a variety of trading platforms, including the widely used MetaTrader 4 (MT4) and its proprietary platform, Trade Markets Trader. Users can trade a diverse range of assets, including forex, commodities, stocks, and indices, making it a versatile option for traders.

Detailed Section

　　Regulatory Regions: Trade Markets is primarily regulated in Cyprus, which provides a level of oversight but is often considered less stringent than regulations from top-tier authorities like the FCA or ASIC.

　　Deposit/Withdrawal Currencies/Cryptocurrencies: The broker accepts multiple currencies for deposits and withdrawals, including EUR, USD, and GBP. However, there is no mention of cryptocurrency trading options.

　　Minimum Deposit: The minimum deposit is set at €250, which is relatively accessible compared to some other brokers.

　　Bonuses/Promotions: There is limited information regarding bonuses or promotions, indicating that Trade Markets may not heavily engage in promotional offers.

　　Tradable Asset Classes: Trade Markets provides access to a wide array of assets, including 48 forex pairs, commodities like gold and silver, and stocks from major companies.

　　Costs (Spreads, Fees, Commissions): The spreads for forex trading range from 3 to 25 pips, which some users have criticized as being relatively high. Commissions vary by account type, with charges starting from €7 per lot.

　　Leverage: The maximum leverage offered is 1:30, which aligns with regulatory restrictions in the EU.

　　Allowed Trading Platforms: Trade Markets supports both MT4 and its proprietary platform, providing flexibility for traders.

　　Restricted Regions: While specific restricted regions are not detailed, the broker does not offer CFD trading to clients from the USA and the UK, among others.

　　Available Customer Support Languages: Customer support is available in multiple languages, enhancing accessibility for a diverse user base.

Repeated Rating Overview

Category	Score (out of 10)
Account Conditions	6
Tools and Resources	5
Customer Service and Support	7
Trading Experience	6
Trustworthiness	4
User Experience	5

Detailed Breakdown

　　Account Conditions (Score: 6): Trade Markets offers multiple account types, catering to both new and experienced traders. However, the minimum deposit is higher than some competitors, which may deter beginners.
　　Tools and Resources (Score: 5): Users have noted a lack of comprehensive educational tools. While there are some basic resources available, more advanced tutorials and market analysis tools would enhance the trading experience.
　　Customer Service and Support (Score: 7): Many users have praised the customer support for being responsive and helpful. However, there are reports of delayed responses during peak times, which could be improved.
　　Trading Experience (Score: 6): The trading experience on Trade Markets is generally smooth, but users have reported issues with slippage and widening spreads during volatile market conditions.
　　Trustworthiness (Score: 4): Concerns about potential scams and withdrawal issues have been raised by multiple users, impacting the overall trustworthiness of the broker. Some reviews highlight significant challenges in withdrawing funds, raising red flags.
　　User Experience (Score: 5): While the platform is user-friendly, the overall experience can be hindered by the aforementioned issues related to trust and resource availability.

　　In conclusion, while Trade Markets presents a variety of trading options and has garnered positive feedback for its customer service, potential users should approach with caution. The mixed reviews regarding trustworthiness and withdrawal issues warrant careful consideration before engaging with this broker. Always ensure to conduct thorough research and understand the risks involved in online trading.