Operating from Saint Vincent and the Grenadines since 2019, Marketrip is an online trading broker that gives its clients access to trade more than 300 financial instruments, including forex, stocks, commodities, indices, and cryptocurrencies, through the widely used MetaTrader 4 trading platform and its proprietary WebTrader trading platform. The broker offers multiple account types, multiple trading tools, as well as a variety of educational resources.
Marketrip Review Introduction
In this Marketrip review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Marketrip.
Marketrip Platforms & Tools
The broker provides traders with multiple sophisticated trading platforms: their proprietary WebTrader, and the MT4 trading platforms.
The MT4 trading platform, which is one of the most widely used forex/CFD trading platforms globally, has a simple interface but loaded with a lot of features, such as trading tools, technical analysis, and advanced charting capabilities. The platform has Expert Advisors that allows forex/CFD traders to automate their trades, and it comes preloaded with multiple technical indicators, VPS, 3 different charts in up to 9 timeframes, and over 24 analytical tools. MT4 is available as desktop, web, and mobile versions.
The Marketrip WebTrader is feature-rich, has a simple interface that works on any web browser, and can be accessed from different devices at different locations.
The broker also provides its clients with a range of useful trading tools and services, such as Account Management for clients who cannot or do not have the time to trade, Market Analysis, Trader’s Trend, and Trading Signals, which serves as a guide for traders on the market direction for the instruments in focus.
Marketrip Research & Education
There is a vast array of educational materials on the broker’s website, which can help improve traders’ skills and knowledge whilst keeping them informed about the factors that move the financial markets. These educational resources include Trading School, Forex Glossary, eBook, Video tutorials, Webinars/Seminars, Private Analyst Sessions, and a FAQ section that gives prompt answers to the most common questions traders have.
Marketrip Trading Accounts
Marketrip offers a choice of six different trading account options. The various account types are designed to suit the individual trading needs of clients. The account types and their corresponding minimum required deposits are follows: Basic ($250), Silver ($5,000), Gold ($15,000), Platinum ($50,000), Diamond ($100,000), and VIP ($250,000) Accounts. Demo accounts that are preloaded with $25,000 in virtual currency are provided for practice purposes and strategy fine-tuning.
Marketrip Account Funding
The main methods for account deposits and withdrawals on Marketrip are as follows:
- Bank transfer
- Debit/Credit Cards
The time it takes to process the transactions may vary depending on the payment method used.
Marketrip Customer Service
The broker’s client support team can be reached between the hours of 9 am and 5 pm GMT through phone, email, live web chat, or the ‘contact us’ form on the broker’s website.
Marketrip is not regulated by any known financial authority at the moment.
Marketrip Review Summary
Founded in 2019 in Saint Vincent and the Grenadines, Marketrip is an online broker that offers over 300 financial instruments for trading online via multiple sophisticated trading platforms. They offer multiple account options, a range of useful trading tools, and a good selection of educational resources.
It is worth mentioning that some of the trading products and services in this Marketrip review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Marketrip broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.