MarketSXP Review
Broker MarketSXP is a registered financial intermediary based in the UK under the British Companies House with registration number SC614304. The company SXP LIMITED, which owns MarketSXP, was registered in the UK in 2018.
MarketSXP is licensed by IFSC (Belize) under number 60/341/TS/38, without regulatory approval from European regulators, including FCA.
The official website marketsxp.com provides information in English and Russian languages.
Trading Opportunities and Platforms
- MarketSXP offers a wide range of assets for CFD trading: currency pairs, commodities, indices, stocks, and cryptocurrencies.
- The broker’s trading platform provides clients with several advantages, such as real-time quotes display, various order types, charting capabilities, and more.
- The MarketSXP platform is available in desktop version for PC, mobile version for Android and iOS devices, and also in web version.
Types of Trading Accounts
- Basic account with a minimum deposit of 100 USD.
- Standard account with a minimum deposit of 1000 USD.
- Silver account with a minimum deposit of 5000 USD.
- Gold account with a minimum deposit of 10,000 USD.
- Platinum account with a minimum deposit of 25,000 USD.
- VIP account with personalized conditions.
All accounts are protected against negative balance, provide access to educational materials, market reviews, and signals.
MarketSXP also offers a demo account and an Islamic account without swaps.
Deposit and Withdrawal of Funds
For financial transactions, traders can use VISA/MasterCard credit and debit cards, bank transfers, cryptocurrencies BTC, ETH, TRC, as well as payment systems QIWI, PayPal, and Skrill.
There are no commissions for transactions. The time for crediting funds depends on the chosen payment system and can vary from a few minutes to 7 business days.
Conclusion
The advantages of MarketSXP include registration in the UK, a variety of trading assets, an advanced trading platform, availability of a demo account, and a low minimum deposit. The drawbacks include the lack of a license from European regulators and some deficiencies in information transparency on the website. Customer reviews will help better understand the operation of the broker MarketSXP.