Markets-Soft Review 2020
Markets-Soft is an online trading broker that offers over 1,000 trading instruments across different asset classes, such as forex, stocks, commodities, indices, and cryptocurrencies, for online trading via the provided trading platforms. The broker offers competitive trading conditions, including fast deposits and withdrawals, fixed low-cost spreads, leverage of up to 1:200, and a dedicated customer support team. They are however unregulated and thus cannot offer the same investor protection that a regulated broker can.
Markets-Soft Review 2020, Pros & Cons
- Flexible trading platforms
- Multiple account types
- Over 1,000 financial instruments
- Range of useful trading tools
- Selection of educational resources
- Unregulated brokerage firm
- No MetaTrader platforms
- Spread mark-ups
- No US clients
In this detailed Markets-Soft review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Markets-Soft is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Markets-Soft.
Markets-Soft Review: Summary
Markets-Soft is a global financial services provider offering a range of investment products through its high-tech trading platform, which offers clients across the globe an opportunity to invest in over 1,000 world-class assets, including forex, stocks, commodities, indices, and cryptocurrencies, with zero commissions. The broker uses the same level of encryption technology as international banks and major online retailers to protect traders’ security and privacy at all times.
The broker’s primary goal is to unleash your trading potential through cutting-edge technological innovation and financial proficiency, hence, the broker is built on the core values of innovation, transparency, and growth. Clients also benefit from 24/6 world-class support and live expert assistance. They offer multiple account options, while the deposits and withdrawals process is fast and convenient, with a wide range of payment methods.
Markets-Soft Review: Regulation
Markets-Soft is a trading name of Horizons LTD, with company number: 25316 BC 2019 and registered address: Suite 305, Griffith Corporate Centre, Saint Vincent.
Markets-Soft.com client transactions are being processed by Horizons Ventures OU, registration number: 14643552. The broker also states its clients’ funds are held separately in segregated accounts. However, there is no information about regulation on the broker’s website.
Markets-Soft Review: Countries
Markets-Soft allows traders from different parts of the world to open an account with them if their countries of residence permit online trading with international brokers. They cannot accept clients from the USA.
Some Markets-Soft features and products mentioned within this Markets-Soft review may not be available to traders from specific countries due to legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
Markets-Soft Review: Trading Platforms
The broker provides traders with the Markets-Soft trading platform, which combines simplicity with sophistication to connect you to the world’s financial markets. Its dashboard display delivers one-click order execution and is equipped with the latest trading tools. Your trading is backed up by live charts and real-time data feeds, as well as trading signals and the latest market news and analysis whilst granting you access to trade over 1,000 assets with swift trade execution speeds. The platform is available as a desktop application for Windows and Mac computers, a web terminal that can run directly on most modern web browsers without the need to install any additional software, and mobile trading apps that are compatible with Android and iOS devices. The mobile apps can be downloaded from the relevant app stores, and they enable traders to manage their accounts and trade on the go.
Markets-Soft Review: Trading Tools
The broker provides traders with a range of useful standalone trading tools, which are available to help compensate for the ones that are absent in the provided trading platform. They include:
The Economic Calendar covers important financial events from all over the world. It’s updated automatically and provides traders with key indicators that are rated by importance, thus enabling them to stay ahead of the markets and seize trading opportunities as they happen.
There is a wide selection of financial calculators to assist you with your decision-making process while trading the Forex market. They include the Pivot Point, which is used to calculate pivot points for forex, futures, commodities, stocks and any other investment security that has a high, low and close price in any given period; Deal Size that calculates the size of the position in units and lots to manage your risks accurately; and the Fibonacci Calculator, which helps to measure how far the market has retraced from its primary move.
Trading signals are provided by one of the financial industry’s leading research houses. They immediately alert you about possible trading opportunities on a real-time basis. Although not infallible, trading signals are used by many experienced investors to enhance their own trading strategies. There is no guarantee on how these trading signals will perform and you should be fully aware of the significant risks involved with trading online.
Daily Video Analysis
This is the medium through which the broker’s certified experts analyze the market’s most popular assets and assist you in making trading decision based on their daily movements.
The Financial News allows traders to stay informed with everything that’s happening in the various financial markets around the globe.
Markets-Soft Review: Education
Markets-Soft has a good selection of educational resources on its website, which are geared towards improving traders’ skills and knowledge, and they include:
Markets-Soft provides clients with the finest collection of trading education videos, specifically designed to assist you in perfecting your trading skills. There are forex, Crypto, and CFD video courses available on the broker’s website.
There is the Markets-Soft collection of extensive online trading, forex, and cryptocurrencies trading guides/eBooks, which help both beginner and advanced traders to improve their trading knowledge.
The broker organizes webinars from time to time, and they enable traders to connect directly to the market, enjoy professional commentary from experts, and get answers to all their trading questions.
FAQs & Trading Glossary
The FAQ section on the broker’s website offers instant answers to clients’ common questions. There is also the trading glossary, which contains a good range of trading terms and their basic explanations.
Markets-Soft Review: Trading Instruments
Markets-Soft offers clients across the globe an opportunity to trade CFDs on over 1,000 world-class assets, including forex, stocks, commodities, indices, and cryptocurrencies, with zero commissions.
Markets-Soft Review: Trading Accounts & Fees
The broker offers clients a vast array of multiple trading account types. Each of the accounts gives traders access to 24/6 client support, education center, daily market review, pro webinars, price alerts, account managers, and daily analysis videos, amongst other benefits. The accounts and their corresponding minimum required deposits are as follows: Basic Account ($250), Bronze Account ($1,000), Silver Account ($5,000), Gold Account (10,000), Platinum Account ($25,000), and the Black Account. The Black Account is designed for exclusive clients, you can contact your account manager for details about how to use the account.
As broker fees can vary and change, there may be additional fees that are not listed in this Markets-Soft review. It is imperative to ensure that you check and understand all of the latest information before you open a Markets-Soft broker account for online trading.
Markets-Soft Review: Customer Service
The broker provides traders with a friendly, efficient, and professional customer care to help make their trading and investment experience as flawless and enjoyable as possible. Their multi-lingual service staff is highly experienced and has a detailed knowledge of both the broker’s systems and the financial markets. You can contact them via email, phone, or live chat.
Markets-Soft Review: Deposit & Withdrawal
The broker allows traders to fund and withdraw funds from their trading accounts using a range of different payment methods, such as:
Most major credit/debit cards are accepted. These include VISA, MASTERCARD, MAESTRO, etc. Deposits made via credit/debit card are immediately credited to your Markets-Soft account. You will be able to trade with these funds within minutes.
Bank Wire Transfer
In some cases, a client might choose not to use a credit/debit card as a method to deposit. However, the broker accepts a convenient direct deposit through bank wire. Kindly keep in mind that some banks charge an additional fee when performing a wire transfer. Markets-Soft advises their clients to inquire regarding these fees with their banking institution before executing a wire transfer.
Skrill is one of the most common and widely-used e-wallet services. It allows secure and convenient international money transfers. To fund your Markets-Soft account, you should be a registered Skrill member. You can open an account at www.skrill.com. A deposit made via Skrill is immediately credited to your Markets-Soft account. You will be able to begin trading within minutes.
Neteller is a popular e-money/e-wallet service used for transferring funds online. To fund your Markets-Soft account, you must be a registered Neteller member. You can open an account at www.neteller.com.
Western Union is an international payment service, providing a convenient and secure money transfer solution across over 200 countries. To fund your Markets-Soft account, you must be a registered Western Union member. You can open an account at www.westernunion.com. A deposit made via Western Union is immediately credited to your Markets-Soft account. You will be able to begin trading within minutes.
Markets-Soft Review: Account Opening
Opening an account with the broker is easy and straightforward: simply click on the ‘sign up’ button on the broker’s website and fill the form accordingly.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the brokers terms, conditions and policies. Only proceed if you fully understand and agree to them.
Markets-Soft Review: Conclusion
Markets-Soft is an online financial services provider offering a range of investment products through its high-tech trading platform. The broker offers competitive trading conditions, including fast deposits and withdrawals, fixed low-cost spreads, leverage of up to 1:200, and a dedicated customer support team. However, they are not regulated by any known financial authority.
Trading CFDs and FX Contracts is highly speculative, involves significant risk of loss and is not suitable for all investors but only for those customers who: understand and are willing to assume the economic, legal and other risks involved; are experienced and knowledgeable about trading in derivatives and underlying asset types; and are financially able to assume losses significantly in excess of margin or deposits, because investors may lose the total value of the contract, not just the margin or the deposit