MARKETSX Review – broker with low spreads

MARKETSX.com is a CFD broker that offers CFDs on forex, stocks, indices, commodities, cryptocurrencies, bonds and ETFs. Learn more about CFDs here. This company is licensed in Europe by the Cypriot regulatory authority CySEC, so the broker can legally offer its services in Europe. However, it is also regulated by FCA and ASIC. The minimum deposit at the broker MARKETSX is set at $100, and trading account maintenance is also possible in Czech crowns. The website is available in several languages.

MARKETSX Review – Broker overview

Minimum deposit	100 USD
Platform	MT4,MT5
Regulated broker	Yes
Regulations	ASIC, CySEC, FCA
Demo account	Yes

Special features and advantages

Price alerts

Publicly traded company (stocks)

Trading platform

MARKETSX offers its clients access to its proprietary trading platform on which over 2,200 trading assets can be traded. The company’s trading platform can be used not only for opening and closing trades, but also for technical and fundamental analysis. As far as fundamental analysis is concerned, when you click on a particular asset, you can visit the “news events” section where events that could affect the price of the asset you are interested in are detailed. If you think any of these news events are very important, you can turn on email alerts to let you know before the event occurs (you choose how many hours/days in advance you want to be notified in the platform).

For technical analysis, MARKETSX offers approximately 50 customizable indicators along with several tools for plotting trends, vertical and horizontal lines, etc. In the chart setup options you can choose from a total of 10 different time frames, which can be 1 minute to 1 month.

MARKETSX fees (spreads)

Just like any other CFD broker, MARKETSX charges a spread fee. For the current value of this fee, please visit the MARKETSX website. Thus, we have prepared a small comparison table here, where you can find the amount of MARKETSX spread fees on popular currency pairs compared to 2 other popular CFD brokers.

EUR/USD	EUR/USD	USD/JPY	GBP/USD	AUD/USD
Plus500*	0.6	0.7	1.1	0.6
XTB*	0.8	1.4	2.0	1.7
MARKETSX**	0.5	0.7	0.9	0.7

MARKETSX Review – Summary

MARKETSX must comply with the strict regulatory guidelines of the CySEC regulatory authority. Moreover broker offers its trading platform that provides a handy environment for market analysis and trade execution. In addition, range of assets on offer here is very diverse, with over 2,200 tradable assets. The spreads listed on the broker’s website are very low.

Advantages

• Strict regulation
• Diverse asset portfolio
• Low spreads
• More platforms to choose from

Disadvantages

• Offers only CFDs
• Relatively high minimum deposit

MARKETSX Review – Broker rating