MarketsVox Review (ForexVox) 2024

MarketsVox (aka ForexVox) is a newborn forex broker that launched in 2023. This London-based broker offers over 100 tradable assets, competitive spreads, and the popular MT5 platform. But is it the right fit for your trading needs? Let's dive into the nitty-gritty details in this comprehensive “MarketsVox Broker review”.

MarketsVox Broker Company Information & Regulation

MarketsVox is a forex and CFD broker headquartered in the bustling financial hub of London. Founded by a team of seasoned traders. Their mission is to democratize professional-level trading knowledge and tools. But what really sets them apart?

• Regulation: MarketsVox operates under the eye of the Financial Services Authority (FSA) in Seychelles.
• Product Range: With over 100 trading products including forex, indices, commodities, and metals, there's something for every trader.
• Technology Edge: Tight spreads and lightning-fast execution are made possible by their Tier 1 bank liquidity connections.
• Industry Recognition: MarketsVox has bagged awards for being the "Fastest Growing Forex Broker" and boasting the "Best Customer Service".

Summary of Specifics

Let's break down the key offerings of MarketsVox in a nutshell:

MarketsVox doesn't just stop at providing a trading platform. They've gone the extra mile with features like an affiliate program and Multi-Account Manager (MAM) solutions. They're aiming to create a comprehensive ecosystem for traders of all stripes.

What are MarketsVox Broker Account Types?

When it comes to account types, ForexVox offers a trio of options to suit different trading styles and experience levels. MarketsVox Account Types:

MarketsVox Broker Advantages and Disadvantages

Every broker has its strengths and weaknesses. Let's put MarketsVox under the TradingFinder microscope:

While MarketsVox shines in many areas, particularly in its trading conditions and educational offerings, the inactivity fee and limited crypto options might be deal-breakers for some. It's all about finding the right fit for your trading style and needs.

Signing Up & Verification Guide

Ready to jump on board? Here's a step-by-step guide to register in MaketsVox:

1. Registration: Head to the MarketsVox website and click on "Client Login"; Then Choose “Register Now” Button; Fill in your details such as email, password, country of residence and account currency.
2. Account Selection: Choose your preferred account type (Cent, Standard, or ECN).
3. Document Verification: Upload proof of identity and address. This step is crucial for regulatory compliance.
4. Funding: Once verified, fund your account using one of the available payment methods.
5. Start Trading: Download the MT5 platform or use the web trader to begin your trading journey.

Trading Platforms

When it comes to trading platforms, MarketsVox doesn’t have much to say because they just support MetaTrader 5 and WebTrader; MarketsVox Broker Trading Platform:

MetaTrader 5 (MT5)

• Available for Desktop, Mobile, and Web;
• Multiple chart types;
• 50+ built-in technical indicators;
• 9 timeframes for in-depth analysis;
• Advanced pending orders;
• One-click trading for swift execution;
• Automated Trading.

WebTrader

• Available in Browser;
• Quickest way to trade;
• on-the-go without the need to download.

What are MarketsVox Spreads and Commissions?

When it comes to spreads and commissions, MarketsVox doesn't offer much! For example, it is mentioned that Cent and Standard accounts do not have commissions, and ECN accounts have commissions; but no information about its figure has been provided!

In addition, the broker only mentioned that it offers tight spread, but the information about its figure for each account is unclear.

What Are MarketsVox Broker Deposit & Withdrawal Methods?

Smooth, hassle-free deposits and withdrawals are crucial for a positive trading experience. MarketsVox offers a variety of options to cater to different preferences:

• Credit/Debit Cards: VISA, MasterCard;
• E-wallets: Skrill, Neteller, STICPAY;
• Bank Wire Transfer: Based on your location.

Key points about withdrawing and depositin in MarketsVox Broker:

• Minimum Deposit: $100 for Standard/Cent accounts, $500 for ECN;
• Processing Time: Most e-wallet transactions are instant; bank transfers may take 1-3 business days;
• Fees: Doesn't charge deposit fees, but your payment provider might.

Investment Options Offered on MarketsVox Broker

For those who want to dip their toes into trading without diving headfirst into chart analysis, MarketsVox offers social and copy trading, PAMM and MAM accounts. Here's a quick overview:

• Social Trading: Connect with other traders, share strategies, and learn from the community;
• Copy Trading: Automatically mirror the trades of successful traders on the platform;
• MAM Account: Powerful tool for money managers who handle multiple trading accounts from a single master account;

• PAMM Account: Enable investors to allocate their capital to a chosen money manager's account, allowing for pooled investment management.

Bonuses and Promotions

Everyone loves a good bonus, and MarketsVox doesn't disappoint. Here's a rundown of their current promotional offerings:

KickStart Bonus

• 100% deposit bonus up to $1,000
• Minimum deposit: $50
• Trading volume requirement for withdrawal

30% TradeGuard Bonus

• 30% deposit bonus up to $5,000
• Available for existing clients
• Minimum deposit: $50

Important: Always read the terms and conditions of any bonus carefully. Trading requirements, time limits, and withdrawal restrictions.

MarketsVox Broker Customer Support

Quality customer support can make or break your trading experience. MarketsVox Support:

• Live Chat: Available 24/5 for quick queries
• Email Support: For more detailed inquiries (support@marketsvox.com)
• Ticket System: Login to your account to submit support tickets
• Indoor Meetings: Available by appointment at their London office

MarketsVox prides itself on responsive customer service, which has contributed to their "Best Customer Service" award. However, it's worth noting that weekend support is limited, which could be an issue for some traders.

MarketsVox Trust Scores & Reviews

When choosing a broker, it's crucial to consider the experiences of other traders on platforms such as Trustpilot and ForexPeaceArmy. MarketsVox Broker Trust Scores:

• Trustpilot: 4.6 out of 5 Based on 100+ Reviews;
• ForexPeaceArmy: 4 out of 5.

It's worth noting that MarketsVox actively responds to negative reviews, often providing explanations or solutions. This level of engagement suggests a commitment to customer satisfaction.

TradingFinder Expert Suggestion

MarketsVox is a start-up brokerage founded in 2023. It rebranded and changed the name [ForexVox to MarketsVox] in its first year. Since then, this brokerage has provided users with more features, including 100% and 30% bonuses, and has 0 commissions in Cent and Standard accounts.

However, MarketsVox Broker should be more transparent in providing information and provide more educational materials.