SCHATZ Markets Review
SCHATZ Markets is a forex and commodities broker, delivering trading services and facilities to retail and institutional clients. They offer a range of competitive trading conditions, such as low spreads, no re-quotes, absolute transparency, and true ECN technology that helps to ensure trades can get executed at the best available prices.
SCHATZ Markets Review, Pros & Cons
- User-friendly MetaTrader 4 platform
- Multiple trading instruments
- Some educational resources
- Range of deposit & withdrawal options
- Registered offshore
- Unregulated brokerage
- No standalone trading tools
- No MetaTrader 5 or cTrader platforms
- No live chat support
- No USA clients
In this detailed SCHATZ Markets 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.
SCHATZ Markets Overview
In 2016, SCHATZ Markets was launched with a unique vision to provide superior trading conditions, advanced education, and state-of-the-art trading tools in the forex industry. They provide traders with a range of sophisticated trading platforms for trading forex, precious metals, indices, and more online. There are multiple account options to meet the individual trading needs of clients.
SCHATZ Markets Regulation
Schatz Marketz LLC is incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 300 LLC 2020. There is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
SCHATZ Markets Countries
The broker allows traders from different parts of the globe to open an account with them if their countries of residence permit online trading with international brokers.
Some SCHATZ Markets features and products mentioned within this SCHATZ Markets review may not be available to traders from certain countries because of legal restrictions.
SCHATZ Markets Platforms
The broker provides traders with the MetaTrader 4 trading platform. It is an intuitive trading platform that provides everything most traders need to analyze charts and take positions in a variety of markets. The platform offers advanced technical analysis tools, a flexible trading interface, algorithmic trading, and expert advisors. It is available in desktop, web, and mobile versions. There is also the SCHATZ Markets Multi Account Manager (MAM) software, which allows you to manage several accounts simultaneously.
SCHATZ Markets Trading Tools
Although there are no standalone trading tool on the broker’s website, the MT4 trading platform is built with a vast range of useful trading tools already implemented.
SCHATZ Markets Education
There is a news section that helps to keep traders updated on the latest happenings in the various financial markets.
SCHATZ Markets Instruments
The broker offers the following trading instruments: forex, precious metals, and indices.
SCHATZ Markets Accounts & Fees
The broker offers a variety of different trading account types to choose from. They have different minimum deposit requirement as follows: Schatz Lite ($100), Schatz Pro ($1,000), Schatz Premium ($2,000), and Schatz Islamic ($1,000).
As broker fees can vary and change, there may be additional fees that are not listed in this SCHATZ Markets review. It is imperative to ensure that you check and understand all of the latest information before you open a SCHATZ Markets broker account for online trading.
SCHATZ Markets Support
The broker’s client support team is available 24/5 during working hours to respond to clients’ inquiries through telephone, email, and social media.
SCHATZ Markets Deposit & Withdrawal
The following payment methods are accepted at SCHATZ Markets for deposit and withdrawals: credit/debit cards and online payment processors, such as Neteller and Skrill.
SCHATZ Markets Account Opening
To open a trading account, click on the open an account button and fill in the registration form, entering your name, email, and phone number. The follow the next instructions.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
SCHATZ Markets Summary
SCHATZ Markets is an online trading broker that is incorporated in Saint Vincent and the Grenadines whilst operating an office in London. They give traders access to trade different financial assets via the MT4 trading platform. Traders benefit from educational resources and a client support team. There are multiple account options to choose from. However, the broker is not regulated which may pose as a concern for some potential clients.
FX and CFDs, which are leveraged products, incur a high level of risk and can result in the loss of all your invested capital. Therefore, FX and CFDs may not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.