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MarketsPlus
Rating: Rated with 2 stars
Binary Option Programs Award
Min. Deposit
$250
Min. Investment
N/A
Regulated Broker
No

MarketsPlus Broker Review

  1. MarketsPlus is a new Forex and Cryptocurrencies broker. It is not regulated by any famous regulator and it is owned by Affinity Group Ltd located at Bulgaria Sofia 1324, Sofia District 28 Dzavaharlal Neru Str., entrance Silver Business Center, office 24. However,  several account types are offered along with a free demo account and a reliable trading platform for South African traders. Keep reading the full review below in order to learn all about this new and promising broker.

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    Special Features

    4 different account types are offered by MarketsPlus so that traders can choose the one they like based on their skills and experience. As already explained, a free demo is offered to help traders get familiar with the trading platform and test their trading strategies.

    Standard:

    • $250 min deposit
    • 50% bonus
    • Junior assistant
    • X1 risk-free trade
    • Basic 1on1 training
    • Level 1-3 education center
    • Commission 20
    • Spreads starting from 2.0 pips
    • 1 min lot size
    • 100 max lot size

    Pro:

    • $2,500 min deposit
    • 60% bonus
    • Executive assistant

    Premium:

    • $6,500 min deposit
    • 70% bonus
    • X3 risk-free trade
    • Advanced 1on1 training
    • Level 1-5 education center

    VIP:

    • $25,000 min deposit
    • 100% bonus
    • Special bonuses
    • Analyst
    • X10 risk-free trade
    • 1on1 training with analyst
    • Level 1-10 education center
    • Personalized signals
    • Commission 5

    Tip: Trade with IQ Option instead, the best regulated broker for South African traders with a minimum deposit of only $10!

    Trading Software

    The popular MT4 platform is offered for those experienced South African traders who like trading by having their platform downloaded on their own computer since MT4 is available on Windows, iOS, OS X, Webtrader and Android. Moreover, the reliability of MetaTrader4 is unquestionable since it is considered one of the most reliable platforms in the industry.

    In addition, this award-winning platform is considered by many, one of the most powerful platforms that offer convenience, advanced financial and technical tools. On the other hand, those traders who prefer to trade on the go can do so through the MT4 Webtrader trading platform since it is a fully web-based software. Traders can simply log in and start trading from their preferred internet browser.

    Support Information

    South African traders who might have questions can read the FAQ which is present on the website. Moreover, traders can send an email to the customer support team, [email protected],  or even call them directly on +35956940483. What is missing from this broker is a live chat for those traders who do not want to wait for an email reply or even having to speak with someone on the phone.

    Payment Methods

    Several payment methods are available by MarketsPlus like credit and debit cards, e-payments and bank transfers. Before a trader requests a withdrawal, copies of a valid passport or ID along with a recent utility bill are needed for verification purposes. It should be noted that withdrawals can take up to 5 working days before they appear on your bank whereas bank transfers might take even longer.

    Verdict

    MarketsPlus offers several great features for traders. However, it is not a regulated broker and since there are several other trusted brokers, we recommend to our readers to trade with brokers who are regulated by popular regulators for added security and benefits.

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