MarketsVox General Information
| ๐ค Broker Name : | MarketsVox |
|---|---|
| ๐ฃ Company Name : | MarketsVox |
| ๐ Foundation Year : | 2019 |
| โ Regulated by : | FCA (UK) and FSA (Seychelles) |
| ๐ข Headquarters : | UK |
| ๐ Broker Type : | ECN |
๐ต MarketsVox Minimum Deposit : | 1 USD |
| ๐น Maximum Leverage : | 1:1000 |
| ๐บ๐ธ US Traders : |
Our MarketsVox Review
MarketsVox is the Broker that has opened the opportunity for anyone to get access to the financial world of trading. We aim to bring like-minded traders together whilst learning from institutional grade instructors. Our mission is to make the information and tuition being used by the major investment banks widely available to all. With that in mind, MarketsVox has teamed up with premier Tutors, Exchanges and News Providers in order to provide you with all the knowledge/instruments you will need on your journey to becoming the best trader you can be. All this useful information is consolidated in one place, the unique technical solution – The MarketsVox Terminal
English accuracy and conservatism are highly precious when you deal with the finance industry. ForexVox, based in London, is a broker with English traditions, transparent conditions and a clear understanding of tradersโ needs from all over the world. ForexVox offers more than 100 instruments to trade and provides different payment options for easy joining of their trading community. ForexVox is an ECN broker known for its tight floating spreads and market execution method.
They also have some unique features such as a social platform as well as chatrooms but letโs take a deep look into all the essential aspects of the services they provide.
MarketsVox Regulation
Table of Contents
The first things every trader should pay attention to are regulation and security of funds.
ForexVox has 2 licenses: FCA (UK) and FSA (Seychelles). They take pride in strict adherence to the FCA’s regulatory regime, while also focusing on customer success and services.
Client Money Protection mechanism is ensured in the following way:
- Under FCA regulation – UK Member of FSCS (Financial Services Compensation Scheme) with deposits up to GBP ยฃ85,000 per person protected
- Under FSA regulation – Seychelles client money is held in segregated accounts with Tier 1 banks
Whichever regulation a client may choose, their funds are still safe.
MarketsVox Deposits and Withdrawals
MarketsVox doesnโt charge any fee on deposits and provides 3 free withdrawals during each month. All clients of MarketsVox get multiple options for funding their trading accounts and the options may vary depending on the country of residence. Basically, the main payment methods are Bank transfer, Skrill, Neteller; VISA, Mastercard, Maestro Cards; EcoPayz, Perfect Money, AdvCash, AstroPaycard; Cryptocurrency wallets; Local depositors.
Before funding a trading account, clients need to pass a verification procedure that takes very little time since ForexVox uses smart technology for it.
MarketsVox Trading platforms
There is no doubt that the most popular trading platform is MT4. MarketsVox offers this with desktop and mobile access:
- MT4 for Windows
- MT4 for Mac
- MT4 for Android
- MT4 for iOS
In addition, there is a Webtrader that can easily be open in the Client Area.
Those who prefer trading under FCA regulation have an additional option to download MT5 for iOS as well.
FIX API
API stands for application programming interface, which allows two unrelated applications or software components to โtalkโ to each other.
ForexVox is keeping up with the growing demand for FIX Protocol among traders. Through their software FIX 4.4 API clients are given unprecedented direct market access. It is applicable for any assetโincluding forex, CFDs and commoditiesโFix Protocol offers an advanced trading option for every trader with API skills. Benefits from API trading are indisputable:
- tight pricing
- high-speed order execution
- system reliability
- customized price feeds
VPS
MarketsVox offers free VPS for clients who have funded their live accounts and are trading a minimum of 10 lots round turn per month. If a client doesnโt meet such requirements, they can still subscribe to the brokerโs partner VPS by going to the partner website.
Trading accounts
MarketsVox trading accounts under Seychelles regulation are the following:
Standard account – recommended initial deposit is $100, leverage is up to 1:500, with the minimum lot size -0.01. Commission on trading is absent for that type of account.
ECN account – recommended initial deposit is $500, leverage is up to 1:500, with the minimum lot size -0.01, and the commission is $7/lot.
Meanwhile, MarketsVox UK provides only one type of account with the leverage of 1:30 but with the option to increase up to 1:500 for professional traders.
Despite the recommended first-time deposits, there is no minimum deposit required to start trading, as well as no restrictions regarding trading strategies or using EAs. Islamic accounts are available under FSA regulation.
Also, all client accounts are protected against negative balance and MarketsVox doesnโt charge a fee for being inactive.
MAM accounts
MAM stands for Multi-Account Manager. MAM accounts help fund managers to manage multiple trading accounts using a single terminal.
MarketsVox presents a MetaFX MAM solution to support money managers with all their needs. The main features of MarketsVox MAM software are as follows:
- Option to set multiple allocation types such as by equity, balance, percentage or lot
- Commission, markup and profit share settings are customized
- Adding and removing accounts in real-time with no need to close positions
- Changing allocations at any time with no restrictions
For those who are planning to become a Multi-Account Manager, there is a form to fill in on the ForexVox UK website.
MarketsVox Bonuses and promotions
Though there is no Bonus section on the MarketsVox website, when you go to the Support team you can get news about current promotions. At present, MarketsVox Seychelles offers 2 kinds of bonuses: a 10% floating bonus and a 100% deposit bonus. Both bonuses are applicable on Standard accounts only.
Customer support
Multilingual customer support is available 24/5 via live chat or email [email protected]. MarketsVox has good reviews regarding their support team stating they are helpful and fast.
Live chat is available on the website as well as in the private client area that allows being in touch with the broker regarding any question a client may have.
ForexVox can also be reached via its official accounts on social media: Facebook, LinkedIn, Instagram, YouTube, and Twitter.
Client Area
The MarketsVox Client Area deserves special attention because it is simple, clear and transparent. After logging in, a client may switch brokers (UK and Seychelles), edit their profile information, open new live and demo accounts, fund existing trading accounts, check product information, download trading platforms and many other useful things.
Partnerships
The MarketsVox affiliate program is open to everyone and based on a revenue share model. Rebates (or partner commission) are truly competitive on the market and affiliates can also enjoy multi-level commission structures.
Every affiliate is granted a Personal Account Manager which makes the process more effective. In addition, comprehensive and transparent reports are available in the Client Area that allows revenue monitoring in real-time as trades are closed.
Also, affiliates can create their own chat room to keep in touch with their clients.
MarketsVox Education
The MarketsVox educational section includes a Forex glossary, courses and a list of leading mentors. Such materials are essential for all traders regardless of their level of experience.
Courses are led by MarketsVox partners such as Stephen Hoad (The Stop Hunter founder), Petko Aleksandrov (EA Trading Academy Mentor) and Federico Sellitti (Head Mentor at It’s Trading Time). Clients can also choose a mentor they want to follow.
MarketsVox demonstrates the willingness of building long-term relationships with its clients by providing the opportunity to get knowledge from prominent Forex mentors.
Social platform
An exclusive feature of MarketsVox is its Social platform that unites different parties of the Forex world in one place. The platform includes all the tools that may be required by a trader: chat rooms, public and private channels, market insights, newsfeed, charts, economic calendar, trading accounts, trading platform, affiliate dashboard, etc. The Social platform attracts traders, mentors, influencers and other contributors from all over the world.
MarketsVox Pros and Cons
Pros
- Tight spreads
- FCA and FSA regulations
- All trading strategies are allowed
- Protection from negative balance
- The minimum initial deposit requirement is absent
- API trading with direct market access
- Social platform for tradersโ interactions
Cons
- US residents are restricted
- The PayPal payment method is absent
Trading Preference
| ๐ฐ Minimum Spreads : | |
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| ๐ฎ Demo Account : | |
| ๐ Mini Account : | |
| ๐ Standard Account : | |
| โจ VIP Account : | |
| ๐ Premium Account : | |
| ๐ Segregated Account : | |
| โช๏ธ Islamic Account : | |
| ๐ Managed Account : | |
| ๐ Pamm Account : | |
| ๐ Affiliate Account : |
Payment Options
| ๐ณ Deposit Methods : | Bank transfer, Skrill, Neteller; VISA, Mastercard, Maestro Cards; EcoPayz, Perfect Money, AdvCash, AstroPaycard, Credit Card |
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| ๐ณ Withdrawal Methods : | Bank transfer, Skrill, Neteller; VISA, Mastercard, Maestro Cards; EcoPayz, Perfect Money, AdvCash, AstroPaycard, Credit Card |
Trading Features
| ๐ Trading Platforms : | MT4, MT5, Web, FIX API |
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| ๐ฐ Fixed Spreads : | |
| ๐ Commission on Trades : | |
| ๐ Hedging : | |
| ๐ Scalping : | |
| ๐ Automatic Trading : | |
| ๐ฑ Mobile Trading : | |
| ๐ป Web Trading : | |
| ๐ฅ Signals : | |
| ๐ช VPS Services : | |
| ๐ง Email Alert : | |
| ๐ฐ Trading News : |
Trading Instruments
| ๐ Forex/Currencies : | |
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| ๐ Commodities : | |
| ๐ CFDs : | |
| ๐ Indices : | |
| ๐ ETFs : | |
| ๐ Stocks : | |
| ๐ Crypto Currency : |
Promotion
| ๐ No Deposit Bonus : | |
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| ๐ Deposit Bonus : | |
| ๐ Contest : | |
| ๐ Other's Promotion : |
Get Latest MarketsVox Promotion
Bonus
Info
Action
MarketsVox ยป Anniversary Bonus, No Deposit Required
Support
| ๐ฅ 24-Hours Support : | |
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| ๐ฅ Support During Weekends : | |
| ๐ Web Form : | |
| ๐ฌ Live Chat : | |
| ๐ค Call-Back : | |
| โ๏ธ Support Language : | English, Bahasa Malaysia, Bahasa Indonesia, Chinese |
Contact Information
| ๐ Website : | |
|---|---|
| ๐ง E-mail : | [email protected] |
| โ๏ธ Telephone : | +442038613631 |
| ๐ Fax : | +442038613631 |
| ๐ฎ Address : | 51 Eastcheap, London EC3M 1JP |