All Share (J203) = 93 397
Rand / Dollar = 17.95
Rand / Pound = 24.10
Rand / Euro = 20.35
Gold (usd/oz) = 3 334.82
Platinum (usd/oz) = 1 074.30
Brent (usd/barrel) = 64.89
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

MarkeTrade Review

 

MarkeTrade - Review Banners
 

Overall MarkeTrade offers a maximum leverage ratio of 1:200. MarkeTrade offers fixed spreads at 3.0pips which is much higher than the market average. MarkeTrade offers a few educational articles on their website and of course a demo account to first practise trading with.

 

MarkeTrade at a glance

Broker's NameMarkeTrade
📍 HeadquarteredThe United States
📅 Year Founded2009
⚖️ Regulating AuthoritiesNone
🌐 Countries not accepted for tradeNone
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsNo
📈 Maximum Leverage1:200
💰 Minimum Deposit$250/R4 000
💳 Deposit OptionsVisa, Mastercard and Bank Transfer
💳 Withdrawal OptionsVisa, Mastercard and Bank Transfer
💻 Platform TypesMarkeTrade BASIC and MarkeTrade.Pro
📱 OS CompatibilityNone
📈 Tradable assets offeredOver 20 currency pairs, CFDs on commodities, Indices and Stock
👨‍💼 Languages supported on WebsiteEnglish and Chinese
👥 Customer Support LanguagesEnglish and Chinese
📆 Customer Service Hours6:15 am – 4:00 pm Monday – Friday
👉 Open accountClick Here

 

Min Deposit

USD 250

Regulators

Not Regulated

Trading Platform

MarkeTrade BASIC, MarkeTrade.Pro

Crypto

No

Total Pairs

20+

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

MarkeTrade Review – 18 Key Point Quick Overview Revealed (2025):

  1. ☑️MarkeTrade Overview
  2. ☑️MarkeTrade Safety and Security
  3. ☑️MarkeTrade Pros and Cons
  4. MarkeTrade Leverage
  5. MarkeTrade Account Types
  6. MarkeTrade Market instruments
  7. MarkeTrade Fees
  8. MarkeTrade Deposits and Withdrawals
  9. MarkeTrade Trading platform
  10. How to open an account with MarkeTrade
  11. MarkeTrade Customer support
  12. MarkeTrade Education
  13. MarkeTrade Research
  14. MarkeTrade Awards
  15. MarkeTrade vs EverestCM vs TigerWit – A Comparison
  16. Conclusion
  17. Disclaimer
  18. Frequently asked questions

 

MarkeTrade Overview

MarkeTrade Overview

 

According to research in South Africa MarkeTrade is a Forex and CFD broker headquartered in the United States, they are a company and a service of WR Hambrecht + Co, founded over ten years ago.

 

Their mission is to fuse technology with traditional trading services, which are non-technical in nature.

 

Today MarkeTrade offers its clients web-based training and direct access to Electric Communication Network trading (ECN). This means they are a private order matching system kept separately from public markets such as NASDAQ and NYSE.

 

MarkeTrade Safety and Security

One of the best benchmarks to measure the safety of a broker like MarkeTrade, is to establish which regulating authorities are watchdogs over its actions. Unfortunately, MarkeTrade is not regulated by any financial authority.

 

MarkeTrade Pros and Cons

✔️ Pros❌ Cons
Variety of trading assetsUnregulated
Variety of live accountsHigh deposit requirement
High spreads

 

MarkeTrade Leverage

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

 

Leverage amount is expressed as a ratio, for instance 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.

 

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

 

For example, on a 1% margin a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise your trading account will be fully hedged. MarkeTrade offers a maximum leverage ratio of 1:200

 

MarkeTrade Account Types

A forex account at MarkeTrade is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

 

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith. Often, the number and type of accounts that a trader can open with a broker company differs depending on the country in which it operates and the regulation authorities under whose jurisdiction it falls.

 

📍 MarkeTrade offers the following types of accounts:

➡️ Basic Account – this account type is for beginners, it offers spreads from 3.0pips, a minimum deposit requirement of 250 USD and a maximum leverage of up to 1:200, you get a 20% on deposit bonus.

➡️ Bronze Account – this account type is also aimed for those starting out in the world of forex trading.

It offers spreads from 3.0pips, a minimum deposit requirement of 1000 USD and a maximum leverage of 1:200, you get a 30% on deposit bonus

 

➡️ Silver Account – this account type is aimed at those who have a little more experience with forex trading.

It offers spreads from 3.0 pips, a minimum deposit requirement of 2500 USD and a maximum leverage of 1:200, you get a 40% on deposit bonus.

 

➡️ Gold Account – this account type is also aimed at those with some forex trading experience under their belts.

It offers spreads from 3.0pips, a minimum deposit requirement of 10,000 USD and a maximum leverage of 1:200, you get a 60% on deposit bonus.

 

➡️ Platinum Account – this account type is aimed at experienced forex traders, it offers spreads from 3.0pips, a minimum deposit requirement of 25,000 USD and a maximum leverage of 1:200, and you get an 80% deposit bonus.

➡️ Black Account – this account type is definitely aimed at advanced forex traders, it offers spreads from 3.0pips, a minimum deposit requirement of 100,000 USD and a maximum leverage of 1:200, you get a 100% on deposit bonus.

 

MarkeTrade Market instruments

The most popular market instruments available from most brokers for trading include:

 

Forex

Forex trading describes the currency exchange market which refers to the global, decentralised marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.

 

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management.

Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

 

Indices

Equity, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

 

Precious metals

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

 

Energy

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

 

📍 MarkeTrade offers the following of the above:

➡️ Over 20 currency pairs

➡️ CFDs on commodities

➡️ Indices

➡️ Stock

 

Min Deposit

USD 250

Regulators

Not Regulated

Trading Platform

MarkeTrade BASIC, MarkeTrade.Pro

Crypto

No

Total Pairs

20+

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

MarkeTrade Fees

MarkeTrade Fees

 

Cost depends on different factors, like spread and margins, and MarkeTrade clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.

 

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account. MarkeTrade offers fixed spreads at 3.0pips which is much higher than the market average

 

MarkeTrade Deposits and Withdrawals

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done with the same ways, but sometimes differ.

 

📍 In the case of MarkeTrade the following methods and minimum deposits are required:

➡️ Visa

➡️ Mastercard

➡️ Bank Transfer

 

MarkeTrade Trading platform

The forex trading platform provided by MarkeTrade to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

 

📍 MarkeTrade provides the following trading platforms:

➡️ MarkeTrade BASIC

➡️ Pro

 

How to open an account with MarkeTrade

Similarly to a bank, to register a forex trading account with MarkeTrade for the first time, you will be required to go through a basic “know your customer” process, which will allow MarkeTrade to ascertain that your submitted details and ensure the safety of your funds.

 

To open an account with MarkeTrade you will need to log onto their website where they will have easy step by step instructions to guide you through the application process.

 

There is also the option of opening a forex demo account first before you open a live account.

 

MarkeTrade claims to have account protection and there is no additional cost for it. The site has a list of customer support numbers in case you need help applying for your live account.

 

MarkeTrade Customer support

MarkeTrade Customer support

 

Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of MarkeTrade customers can reach the support team via the live chat on their website, found under FAQ. The Customer Support Reps are available from 6:15 am – 4:00 pm Monday – Friday.

 

MarkeTrade Education

Before starting to trade, potential clients of MarkeTrade should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. MarkeTrade offers a few educational articles on their website and of course a demo account to first practise trading with.

 

MarkeTrade Research

To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible.

 

With MarkeTrade they have access to streaming quotes, free real-time quotes, real-time confirmations and buying power calculations.

 

MarkeTrade Awards

Although MarkeTrade is acclaimed by customers, there is no indication of awards won on its homepage.

 

MarkeTrade vs EverestCM vs TigerWit – A Comparison

🔎 Broker🥇 MarkeTrade🥈 EverestCM🥉TigerWit
💰 Minimum Deposit$250/R4 000ZAR R1600 / $100$ 50 (841 ZAR)
📝 Sign-Up Bonus-☑️ Yes☑️ No
➕ Max. Leverage1:2001:5001: 200
💵 Currency Pairs205030
🚀 Open an Account👉 Open Account👉 Open Account👉 Open Account

 

Min Deposit

USD 250

Regulators

Not Regulated

Trading Platform

MarkeTrade BASIC, MarkeTrade.Pro

Crypto

No

Total Pairs

20+

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Conclusion

MarkeTrade can be described as a company that has a good variety of trading assets, a variety of trading platforms but very high spreads and minimum deposit requirements. Unfortunately, brokers that are unregulated are known to be unreliable and untrustworthy.

 

Disclaimer

MarkeTrade warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.

 

Before deciding to trade with MarkeTrade, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

 

MarkeTrade warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable. MarkeTrade cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

Frequently asked questions

TRADING ENVIRONMENT

How many instruments can I trade with MarkeTrade?

You can trade several different instruments with MarkeTrade, which include the following:

  • Over 20 currency pairs
  • CFDs on commodities
  • Indices
  • Stock

 

Which platforms are supported by MarkeTrade?

MarkeTrade provides the following popular trading platforms:

  • MarkeTrade BASIC
  • Pro

 

Does MarkeTrade offer leverage?

Yes, MarkeTrade offers a maximum leverage of 1:200

 

What spreads can I expect with MarkeTrade?

MarkeTrade offers fixed spreads at 3.0pips

 

If details on the website is not comprehensive, more information can be obtained from the customer support service.

 

Does MarkeTrade charge commission?

Yes, more information on commissions can be obtained from the customer support service.

 

Is MarkeTrade regulated?

No

 

Is MarkeTrade a recommended forex trading broker for experts and beginners?

MarkeTrade offers a fair-trading environment for all types of traders/beginners/experienced traders.

 

What is the overall rating out of 10 for MarkeTrade?

5/10

 

ACCOUNTS

What is the difference between a demo and live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customers actual money.

 

Does MarkeTrade offer a demo account?

Yes

 

How long is the demo account valid?

The demo account can be used for a maximum of 15 days

 

Which live trading accounts does MarkeTrade offer?

  • Basic Account
  • Bronze Account
  • Silver Account
  • Gold Account
  • Platinum Account
  • Black Account

 

What are the available deposit currencies for a live trading account?

USD and EUR

 

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for MarkeTrade?

250 USD

 

How do you make a deposit and withdrawal with MarkeTrade?

MarkeTrade offers the following deposit and withdrawal methods:

  • Visa
  • Mastercard
  • Bank Transfer

 

Withdrawals can be done via:

  • Visa
  • Mastercard
  • Bank Transfer

 

Does MarkeTrade charge withdrawal fees?

No, but fees from financial institution may apply.

 

How long does it take to make a withdrawal?

Depending on bank services it may take several days for the money to be available.

 

Louis Schoeman

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 18, 2022

Louis Schoeman

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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