Mtmarkettrade claims that the management company’s office is located in the UK, but there is no confirmation of this. It is worth noting that “Integrated Trading Platform №1”, as the brand positions itself, is supposedly regulated under MiFID, a directive from EU regulators. How true is the information provided on this website? We review Mtmarkettrade’s documents and services and find out whether it is safe to cooperate with the broker.

How to Trade

Mtmarkettrade offers clients to earn from financial trading with the help of three asset classes – cryptocurrency, Forex/CFD, and binary options. The online platform is available in a mobile app developed by the company’s specialists.

Mtmarkettrade promises to provide traders with the following features:

  • 5 trading plans with bonus from 5% to 20%.
  • Social trading tools.
  • Protection from hacking, fraud, losses, and false claims.
  • Minimum trade amount of 15 dollars.
  • Up to 90% of income from the amount of the transaction on binary options.

You can deposit in a variety of ways, including VISA/Mastercard, OkPay, Bitcoin, and bank transfer. Withdrawals are processed for up to 3 business days, the minimum withdrawal amount is 5 USD.

Mtmarkettrade publishes enthusiastic feedback from reputable clients on the main page of the site. You should not trust such “feedback”, in which every service user cannot participate.

Mtmarkettrade users have access to training videos, trading guides, and books. The official website is supported in more than 16 different languages. Customer support is conducted via online chat 24/7.

Mtmarkettrade Vital Info

The owners of the company do not provide information about themselves, there is no official data on the start of the project. The dates in the footer of the site are different – 2018 and 2019. Perhaps the founders of the platform are trying to assure us that the firm has been working for more than five years, but the domain from 2023 indicates that the site is not even a year old yet. It is unclear what prevents them from posting the mandatory scan copies of the legal entity’s certificate of incorporation for a financial organization.

As for the firm’s office, which is allegedly located in the UK, we did not find Mtmarkettrade either in the register of legal entities of this country or in the lists of the regulator FCA. Could it be that a large financial company is operating in London in violation of the requirements of British law and its activities are not regulated by the relevant authorities? This seems unlikely to us in a situation of strict control of brokerage activities by the British authorities.

FAQ

What are the key facts about Mtmarkettrade?

The brokerage organization hides information about the founders, owners, and managers of the project, its website lacks registration documents and a license for financial activities. The company's claim that it is regulated by MiFID is rather misleading for clients, as this EU directive is not a licensing body. The owners of the platform publish some kind of office address in London without confirming it with a certificate of incorporation.

What's the risk to my wallet when working with this broker?

You shouldn't expect the company to work honestly. This project has no online reputation, no documents, and no license. Mtmarkettrade is not on the register of financial organizations in the UK. Clients' risks of losing money increase due to participation in binary options, dangerous leverage in CFD trading, and transactions in cryptocurrency.

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