Overview Of Markup Trade
Founded In 2017 And Headquartered In Montenegro, Markup Trade Offers A Range Of Trading Instruments Including Forex, Global Indices, Stocks, Commodities, Cryptocurrencies And Energy. However, The Company Is Not Regulated, Which Can Create Concerns About The Safety And Transparency Of Funds.
Is Markup Trade Legal?
Markup Trade Is Not Regulated By Any Recognized Financial Regulator. As An Unregulated Broker, It Operates Without The Oversight Of Regulators Who Are Responsible For Ensuring Compliance With Industry Standards And Protecting Traders' Interests.
Pros And Cons
Markup Trade Offers Traders A Diverse Range Of Trading Tools, Including Forex, Global Indices, Stocks, Commodities, Cryptocurrencies, And Energy, Providing Ample Opportunities For Portfolio Diversification. In Addition, The Platform Offers Bonus Incentives And Educational Resources To Support Traders' Growth And Learning.
However, The Lack Of Regulatory Oversight Has Raised Concerns About The Safety And Transparency Of Funds, Which May Discourage Cautious Investors.
Trading Tools
Markup Trade Offers A Diverse Range Of Trading Tools, Including Forex, Global Indices, Stocks, World Bourse, Commodities, Cryptocurrencies, And Energy.
Account Types
Markup Trade Offers Three Account Types: Gold, Platinum, And VIP. Each Account Type Includes Features Such As A Test Account, 24/5 Customer Support, Free Analysis, Bonus Offers, And Special Reports. In Addition, Platinum And VIP Accounts Offer Spread Discounts, While VIP Accounts Also Offer Custom Reports, Custom Spreads, And Interest-free Trading Options.
Demo Account
Markup Trade Also Offers A Forex Demo Account That Allows Traders To Improve Their Skills Through Risk-free Trading. This Free Account Is Perfect For Beginners And Experienced Traders Alike To Practice Strategies, Explore Platform Features, And Gain Market Experience Without Financial Exposure. It Serves As An Effective Educational Tool That Enables Users To Learn And Experiment In A Controlled Environment.
How Do I Open An Account?
Opening An Account At Markup Trade Is A Simple And Straightforward Process That Can Be Completed In Several Steps Online. Here Is How You Can Get Started:
- Register: Visit The Markup Trade Website And Find The Account Registration Page.
- Fill In The Registration Form: Provide Personal Details In The Form. You Will Need To Enter: First Name, Last Name, Phone Number, Email Address, Password
- Verification Code: Enter The Provided Verification Verification Code (e.g., SdJB4p) On The Registration Page To Ensure Security And Proceed With Registration.
- Submit Form: After Filling In All Required Fields And Entering The Verification Verification Code, Check That Your Information Is Accurate And Submit The Form.
- Account Verification: After Submission, You May Need To Verify Your Identity And Contact Information Through Additional Documents Or Steps, As Directed By Markup Trade.
- Activation: Once Your Account Has Been Verified, It Will Be Activated And You Can Start Using Markup Trade's Services.
Spreads And Commissions
Markup Trade Offers Spreads On Its Trading Instruments, Including Floating Spreads Starting From 0.5 Pips, Fixed Spreads Starting From 3 Pips, And Zero Pips. In Addition, Markup Trade Does Not Charge Commissions In Trading, Ensuring Transparent And Simple Pricing For Traders.
Trading Platform
Markup Trade Offers The MetaTrader 5 Trading Platform, Which Can Be Used On Mobile And Desktop Devices.
Customer Support
Markup Trade Provides Customer Support Via Email And Phone. Traders Can Ask Questions Or Inquiries By Sending An Email To Info@markuptrade.com Or By Calling The Phone Number Provided + 382 20 677 886. The Company Is Headquartered In Roseau, Dominica, And Has A Branch Office In Podgorica, Montenegro.
Educational Resources
Markup Trade Offers Educational Resources Focused On Forex Trading, Including A Forex Glossary, A Forex Trading Guide, And Technical Analysis Materials.
Bonus
Markup Trade's Bonus Offer Includes The "No Risk Trading Guarantee" Promotion, Which Covers A Trader's Losses For An Initial Lock-up Period Of 5 Days, With A Maximum Insured Amount Of $500, Provided The Trader Meets Specific Lot Size Trading Requirements. Withdrawals Of Up To $500 In Profit Are Allowed Upon Meeting The Lot Size Requirement, But Incomplete Lot Size Trading Will Result In A Deduction. This Promotion Is A One-time Benefit And Cannot Be Used In Conjunction With Other Ongoing Promotions.
Conclusion
In Summary, Markup Trade Provides Traders With A Diverse Range Of Trading Tools, Bonus Incentives, And Educational Resources To Support Their Trading Journey. However, Its Lack Of Regulatory Oversight May Present Latent Risks Regarding The Safety And Transparency Of Funds. Traders Should Weigh These Advantages And Disadvantages When Considering Working With Markup Trade.
