Quick Overview - MarketsVox
MarketsVox, a premier forex broker, offers an array of tools and resources for traders. Standout features include a sophisticated copy trading platform, enabling users to mirror expert traders. With an extensive currency selection and competitive spreads, MarketsVox accommodates diverse trading preferences. Their user-friendly platforms ensure a seamless experience, all within a secure and regulated trading environment
MarketsVox Highlights
Financial
Minimum Deposit – $250
Regulation – FCA, FSA (Seychelles)
Account Opening – Instant
Deposit Methods – Card
Withdrawal Methods – Bank wire
Inactivity Fee – Yes
Promotions – Yes
Trading Conditions
Currency Pairs – 90
Leverage – 1:500, 1:1000, 1:2000
Spreads – EUR/USD – 0.1
Execution Speed – 900ms
Platforms
Trading Platforms – MT4, MT5
Mobile Trading – Yes
Demo Account – Yes
Islamic Accounts – Yes
Support & Reputation
Customer Support – 24/5 phone. 24/7 email
User Reviews – 4.9/5 Based on 108 Trustpilot Reviews
TheTraderHub View on MarketsVox
“TheTraderHub recommends MarketsVox to experienced forex traders who value competitive spreads and a diverse selection of currency pairs. With its low spreads and robust trading platforms, it’s an attractive option for those who want to maximize their trading efficiency. MarketsVox is also highly regulated, offering a secure trading environment.”
Pros
- Tight spreads
- High leverage
- Good support
- Active Community
Cons
- no Crypto
- In activity fee
MarketsVox Reviews
Marketvox has a rating of 4.9/5 on trustpilot.
We consider this to be a very good rating so the customer can be confident that they are dealing with a reputable and reliable firm.
MarketsVox Key Features
At MarketsVox, one of the standout features setting it apart is FV Social, the pinnacle of its innovative suite. FV Social represents a sophisticated copy trading platform designed to revolutionise your trading journey.
Through FV Social, traders gain unprecedented access to a collaborative community of seasoned FX traders. This dynamic platform allows you to browse, follow, and replicate the trades of experienced traders effortlessly. By leveraging the wisdom and strategies of successful traders, FV Social empowers you to mirror their moves in real-time, amplifying your own trading performance.
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At MarketsVox, traders benefit from competitive spreads, typically starting as low as 0.3 pips for major currency pairs like EUR/USD during standard market conditions. For example, the average spread for EUR/USD often remains around 0.5 pips, providing traders with cost-effective transactions.
When holding positions overnight, traders may encounter variable overnight financing fees, usually ranging from 0.01% to 0.5%, depending on the traded asset and position size.
Inactivity fees are applicable on dormant accounts, often at a rate of $10 per month after three consecutive months of inactivity. It’s important to note that these fees can vary based on account type and region.
MarketsVox maintains a fee structure that offers competitive spreads, ensuring traders can access the market with minimal costs.
MarketsVox offers a streamlined and user-friendly account opening process. Prospective traders can initiate their journey by registering through a simple online form, requiring basic personal details such as email addresses. After the initial registration, users are required to complete the Know Your Customer (KYC) procedure by submitting identification documents, including a valid ID and proof of address.
Typically, this process is swift, taking less than 1 day, and once approved, traders gain access to their trading account promptly.
MarketsVox offers a diverse range of convenient methods for both deposits and withdrawals, ensuring flexibility and ease for traders. Deposits can be made through various secure channels, including bank transfers, credit/debit cards, and popular e-wallet options such as PayPal or Skrill. The platform typically facilitates swift deposits, enabling traders to fund their accounts promptly and efficiently.
Similarly, the withdrawal process is straightforward and hassle-free. Traders can initiate withdrawals through the same methods used for deposits. MarketsVox prioritises swift processing times for withdrawals with most customers receiving their funds back on the same day.
Forex Pairs:
MarketsVox offers an extensive array of forex pairs, encompassing major, minor, and exotic currencies. Traders can access popular pairs like EUR/USD, GBP/JPY, and USD/JPY, as well as a wide range of lesser-known pairs, empowering them to capitalize on global currency movements.
Indices:
Traders seeking exposure to global stock markets can explore a diverse selection of indices available on MarketsVox. Indices like the S&P 500, NASDAQ, FTSE 100, and DAX enable traders to speculate on market trends and diversify their portfolios.
Commodities:
The platform includes a variety of commodities such as crude oil, gold, silver, and natural gas. These commodities are popular among traders looking to hedge against inflation or capitalize on global economic trends.
Metals:
With a selection of metals like gold, silver, platinum, and palladium, MarketsVox caters to traders interested in metals trading. These assets are known for their stability and act as a hedge in volatile markets.
Cryptocurrencies:
MarketsVox acknowledges the growing interest in cryptocurrencies and offers a range of popular digital assets such as Bitcoin, Ethereum, Litecoin, and Ripple. Traders can capitalize on the volatility and potential opportunities within the cryptocurrency market.
MarketsVox provides traders with a range of leverage options, including 1:500, 1:1000, and 1:2000. This variety of leverage ratios allows traders to amplify their positions in the market, potentially increasing profit opportunities. Traders can choose a leverage level that aligns with their risk tolerance and trading strategy to optimize their positions.
MetaTrader 5 (MT5) Platform:
MarketsVox offers access to the robust MetaTrader 5 (MT5) platform. Recognized for its advanced charting tools, extensive technical indicators, and customizable interface, MT5 provides traders with a comprehensive trading environment, catering to the needs of both novice and experienced traders.
Web-Based Trading Platform:
In addition to MT5, MarketsVox presents a user-friendly web-based trading platform. This platform requires no downloads or installations, ensuring accessibility across multiple devices. Its intuitive design and functionality enable traders to execute trades efficiently and effectively.
Responsive Support: MarketsVox offers responsive customer support services available 24/5. Traders can reach out via various communication channels, including live chat, email, and phone support, receiving timely assistance for their queries.
Multilingual Support: The customer service team at MarketsVox provides assistance in multiple languages, ensuring accessibility and effective communication for a diverse clientele.
FAQ Section: MarketsVox maintains a comprehensive FAQ section covering various topics, providing immediate answers to frequently asked questions, aiding traders in finding quick resolutions to common queries.
MarketsVox prioritizes trader education and offers an extensive range of resources to enhance traders’ knowledge and skills. Their educational materials include insightful articles, tutorials, webinars, and video courses covering various aspects of forex trading, technical analysis, fundamental analysis, risk management, and more.
Moreover, traders can access user-friendly tools and resources tailored to their needs. These tools may include live market news, economic calendars, advanced charting software, trading signals, and demo accounts. MarketsVox understands the importance of well-informed trading decisions and aims to empower its users with the necessary knowledge and tools for successful trading strategies.
MarketsVox operates under the regulatory oversight of the Financial Services Authority (FSA) in Seychelles, ensuring adherence to stringent standards and guidelines for financial services. The FSA regulatory framework requires brokerages to maintain transparency, adhere to ethical practices, and safeguard clients’ funds.
As a regulated entity, MarketsVox is committed to providing a secure trading environment for its users. The regulatory compliance ensures that traders’ funds are segregated from the company’s operational funds, offering an additional layer of security. By prioritizing regulatory compliance, MarketsVox aims to instill trust and confidence among its traders.
Final Thoughts on MarketsVox
MarketsVox emerges as a compelling option in the world of online forex trading. With a robust set of features and tools, this broker caters to both novice and experienced traders.Furthermore the platform’s emphasis on security and regulation, coupled with its innovative FV Social copy trading feature, distinguishes it from others in the market.
MarketVox FAQ’s
To open an account with MarketsVox, visit our website and click on the 'Sign Up' or 'Register' button. Follow the prompts to fill in your details, submit the required documentation for KYC verification, and await approval.
MarketsVox provides access to the MT5 platform and a proprietary web-based trading platform. Both platforms offer advanced charting tools, technical analysis, and a user-friendly interface for executing trades.
The minimum deposit to start trading at MarketsVox is $250. Please note that this amount may vary based on the type of account and trading conditions.
Yes, MarketsVox offers an array of educational materials and resources to help traders enhance their skills. Our educational center includes articles, tutorials, webinars, and videos covering various aspects of forex trading.
Yes, MarketsVox is regulated by the Financial Services Authority (FSA) in Seychelles. The regulatory oversight ensures a secure and transparent trading environment for our clients.
Absolutely! MarketsVox provides 24/5 customer support to assist traders with any inquiries or issues they may encounter. You can reach our support team via live chat, email, or phone.
MarketsVox periodically offers promotions and bonuses for new traders. Keep an eye on our website or subscribe to our newsletters to stay updated on the latest promotions available.