Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
MarketsVox Pros & Cons
- A free demo account and no minimum deposit requirement for real accounts (though there is a recommended amount).
- The broker provides numerous widgets for fundamental and technical analysis (integrated with the MT5 trading platform).
- Narrow spreads combined with low commissions ensure clients have reasonable trading costs.
- Maximum leverage is 1:2000, and the platform does not impose restrictions on trading strategies and methods.
- MAM accounts and copy trading services enable traders to earn passive income and gain unique experience.
- The company is officially registered in Seychelles and regulated by the FSA SD142 (Financial Service Authority), ensuring transparency and reliability.
- Technical support is available via email, live chat, and a ticketing system on the website.
- Residents of Belgium, New Zealand, Iran, North Korea, the Korean Democratic People's Republic, and several other countries cannot collaborate with this broker.
Traders have access to currency pairs and CFDs on indices, commodities, and metals. In addition to a demo account, there are three real accounts, each of which can be transformed into a swap-free (Islamic) account. Spreads are market average, and the Standard account has no commission, while the ECN account has a commission of $6 per lot. Deposits and withdrawals can be made via bank cards, bank accounts, and electronic transfer systems. Passive income is available through the integrated copy trading service and MAM accounts. The broker also offers a partnership program for businesses. Traders operate through the MT5 trading platform (desktop, mobile, and browser versions). Educational resources include a glossary and mentorship (available upon request for a fee). New clients can expect three types of bonuses.
TU Expert Verdict
MarketsVox demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
MarketsVox User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria10 /10The trading and non-trading commissions of MarketsVox have been analyzed and rated as having Low fees, with a fees score of 10/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of MarketsVox with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, MarketsVox’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
MarketsVox Standard spreads MarketsVox OANDA FOREX.com EUR/USD min, pips 0.1 0.1 0.7 EUR/USD max, pips 1.5 0.5 1.2 GPB/USD min, pips 0.1 0.1 0.9 GPB/USD max, pips 1.5 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
MarketsVox RAW/ECN spreads MarketsVox OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 2.5 3.5 5 EUR/USD avg spread 0.2 0.15 0.2 GBP/USD avg spread 0.2 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with MarketsVox. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
MarketsVox Non-Trading Fees MarketsVox OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is MarketsVox Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.7 /10MarketsVox has a safety score of 4.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 18 years
- Not tier-1 regulated
MarketsVox Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level FSA (Seychelles)
Full Name Financial Services Authority of Seychelles Country of regulation Seychelles Investor Protection Fund No specific fund Regulation Level Tier-3 MarketsVox Security Factors Foundation date 2008 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4.8 /10MarketsVox offers the following account options: Demo, Standard, ECN/Raw spread, Cent, Swap Free, VIP.
MarketsVox covers the core account types, making it convenient for traders with different preferences and strategies.
- Standard account with balanced trading conditions
- Swap Free (Islamic) account
- Exclusive VIP account with enhanced trading conditions
- Micro lots are not available
MarketsVox account types vs top competitors MarketsVox Plus500 Trading.com Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent YesNoNoMicro NoNoNoSwap Free YesNoNoVIP YesNoNoManaged NoNoNoMarketsVox accounts trading conditions
Typically, traders first pay attention to the differences between the offered accounts. At MarketsVox, in addition to the demo account, there are three real accounts that differ only in spreads and trading commissions. The Standard account has higher spreads but no commission. The ECN account, on the other hand, has lower spreads but comes with a commission of $6 per full lot. In both cases, clients have access to leverage of 1:2000 and a full range of trading instruments. Therefore, the choice of account is not as crucial as with other brokers. Additionally, any account can be converted into an Islamic account (without swap fees) upon request. Also in the case of MarketsVox, there is no need to think about choosing a trading platform because this broker works only with MT5. Why specifically MT5? The answer is obvious! Most experts consider MetaTrader 4 as one of the best if not the best, trading software. Its conceptual advantage lies in the ability for extensive customization through hundreds of plugins.
Account types:
Account Type Description Demo Every client can open this account type for free. On the demo account, traders work with real quotes but trade with virtual currency. Standard There is no minimum deposit requirement for this account type, and the recommended deposit is $100. The spread starts from 1 pips, and there is no commission. Traders have access to 100+ trading instruments with leverage up to 1:500. ECN There is no minimum deposit requirement for this type of account either, and the recommended deposit is $500. The spread is significantly lower (starting from 0 pips), but there is a $6 commission per lot. All instruments and maximum leverage are also available. Traders can use the web, desktop, or mobile versions of the MT5 trading platform without any restrictions. Cent Cent account can be a perfect choice for beginners. Traders have access to more than 90 trading tools. Trading is available with minimum volume 0.1 lot and maximum leverage up to 1:2000. As a rule, users first open a demo account. This allows them to explore the platform and, if necessary, test various strategic decisions. Subsequently, they can register a real account of either type and start trading fully. If clients opt for mentorship, an experienced specialist assists them in making decisions and guides the trading process.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.8 /10MarketsVox received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
MarketsVox provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Minimum deposit below industry average
- No deposit fee
- No withdrawal fee
- Bank wire transfers available
- Limited deposit and withdrawal flexibility, leading to higher costs
- BTC not available as a base account currency
- Wise not supported
What are MarketsVox deposit and withdrawal options?
MarketsVox provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.
MarketsVox Deposit and Withdrawal Methods vs Competitors MarketsVox Plus500 Trading.com Bank Wire YesYesYesBank card YesYesYesPayPal NoYesNoWise NoNoNoBTC YesNoNoWhat are MarketsVox base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. MarketsVox supports the following base account currencies: USD, EUR, GBP.
What are MarketsVox's minimum deposit and withdrawal amounts?
The minimum deposit on MarketsVox is $0, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact MarketsVox’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.3 /10MarketsVox offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 60 Forex pairs.
- 60 supported currency pairs
- Crypto trading
- Indices trading
- Futures not available
- Bonds not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by MarketsVox with its competitors, making it easier for you to find the perfect fit.
MarketsVox Plus500 Trading.com Currency pairs 60 60 69 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 100 2800 69 Stocks NoYesNoCommodity futures YesYesNoCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesYesNoStock indices YesYesNoOptions NoYesNoInvestment options
We also explored the trading assets and products MarketsVox offers for beginner traders and investors who prefer not to engage in active trading.
MarketsVox Plus500 Trading.com Bonds NoNoNoETFs NoYesNoCopy trading YesNoNoPAMM investing YesNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at MarketsVox by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10We successfully registered an account with MarketsVox in 7 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at MarketsVox is $0. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Fast registration time (up to 15 minutes)
- Fully online account opening process
- Low minimum deposit requirement
- Account approval may require extra time depending on the documentation.
MarketsVox account opening MarketsVox Plus500 Trading.com Online Registration YesYesYesMinimum deposit $0 $100 $50 Mandatory KYC YesYesYesRegistration time (min) 7 20 KYC time (days) 2 3 2 Is MarketsVox available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To start collaborating with this broker, you need to register on their official website, verify your information, make a deposit, and download the trading platform. TU experts explain below the sequence of actions and describe the capabilities of the MarketsVox user account.
Go to this broker's website. In the top right corner, select the language of the interface. Click on “Open Live Account”.
Choose how you would like to be addressed, enter your first and last names, date of birth, and complete address, including the postal code. Select your country of residence, and enter your email address and phone number. Finally, select the account type and only USD as the base currency. Agree to the terms of service by checking the box at the bottom. Click on “Finish”.
You will be taken to the user account, specifically the verification page. Here, you need to confirm the previously provided information. You can do this using the traditional method by submitting scans/photos of the required documents or through the VQA (Visual Question Answering) system. The second option is faster, but you can choose either method. Simply follow the instructions on the screen, and then wait for the verification process to be completed.
Click on “My Funds” in the left menu, then select “Make a Deposit”. Read the warning, choose the deposit method, and follow the instructions on the screen. Wait until the account balance is updated.
Click on “Downloads” in the left menu. Choose the version of the MT4 trading platform that suits you. Download the distribution and install the platform on your device. Launch it, enter the registration details received in the email sent to your provided email address, and start trading.
Your ForexVox user account also provides access to:
- Profile. Used to edit users’ personal data and change passwords.
- Dashboard. Displays summarized information about open accounts with detailed parameters.
- My Accounts. This section is used to open/close accounts and collect automated statistics.
- My Funds. Allows you to deposit funds, withdraw profits, and perform related operations.
- Verify Documents. This is the section where verification is initiated, and the progress of the verification is displayed.
- Joint Accounts. This section is necessary for connecting to MAM accounts as either a manager or investor.
- Downloads. This section allows traders to download the MT4 trading platforms.
- Affiliate Resources. This section is intended for business community representatives.
- Product Information. Displays useful information such as swaps, futures expiration dates, etc.
- Social. Provides the opportunity to switch to a copy trading platform (additional registration is required).
- Exported Reports. This section shows a list of reports that the trader has requested for their accounts.
- Contact Us. This section allows you to submit a ticket to client support from the user account.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria6.3 /10MarketsVox received a score of 6.3/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- Free VPS for uninterrupted trading
- Trading bots (EAs) allowed
- MetaTrader is available
- API access for automated trading
- No TradingView integration
- No one-click trading
- No access to a proprietary platform
Supported trading platforms
MarketsVox supports the following trading platforms: MT5. This selection covers the basic needs of most retail traders. We also compared MarketsVox’s platform availability with that of top competitors to assess its relative market position.
MarketsVox Plus500 Trading.com MT4 NoNoNoMT5 YesNoYescTrader NoNoNoTradingView NoYesYesProprietary platform NoYesYesNinjaTrader NoNoNoWebTrader NoYesYesKey MarketsVox’s trading platform features
We also evaluated whether MarketsVox offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts YesTrading bots (EAs) YesOne-click trading NoScalping NoSupported indicators 50 Tradable assets 100 Additional trading tools
MarketsVox offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
MarketsVox trading tools vs competitors MarketsVox Plus500 Trading.com Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoNoYesAPI YesNoNoFree VPS YesNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. NoNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. NoNoNo -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria2 /10MarketsVox supports mobile trading, offering dedicated apps for both iOS and Android. MarketsVox received 2/10 in this section, which suggests limited user interest or weak performance of the apps.
- Android and iOS apps
- Weak user feedback on Android
We compared MarketsVox with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
MarketsVox Plus500 Trading.com Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 0,00 10,000,000 50,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 0 4.7 4.8 Google Play score 0 4.4 4.7 Mob. 2FA NoYesYesMob. Indicators NoYesYesMob. Alerts NoYesYes -
Customer Support
Score:We evaluated Customer Support at MarketsVox by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria2.9 /10MarketsVox demonstrates a low level of customer support reliability. Contacting support can be difficult, and responses may be significantly delayed or incomplete.
During testing, managers were slow to respond or failed to provide sufficient assistance. Such a support level may create risks for traders who require timely issue resolution.
InformationEvery trader sooner or later encounters a problem that they cannot solve on their own. It is important that at such times, a company's client support comes to the aid of the client with competent and prompt assistance. If client service specialists are slow to respond or unable to resolve the issue at hand, the trader is likely to become disappointed with the broker they are working with and may switch to a competitor. This is bound to happen if the support team consistently demonstrates incompetence. That's why most brokers strive to provide high-quality client service. In the case of MarketsVox, traders can contact the support team via email and live chat. The website also features a standard ticketing system. The specialists are available around the clock on weekdays.
- Multiple channels of communication are available for contacting client support.
- You don't have to be an existing client of this broker to receive assistance.
- No call center is available.
- Client support is not available on weekends.
You can use the following contact options:
- Email.
- Live chat on the website and in the user account.
- Ticket in the "footer" of any page.
The broker has official profiles on the following social platforms: Facebook, LinkedIn, Twitter, Instagram, and YouTube. You can also reach out to its managers there. It is recommended to follow this broker to stay updated on their events and not miss out on important news.
Contacts Foundation date 2008 Registration address CT House, Office 9A, Providence, Mahe, Seychelles Regulation FSA Licence number:
SD142Official site https://marketsvox.com/en/ Contacts support@marketsvox.com
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FAQs
How is MarketsVox regulated and what does its safety score suggest about client protection?
MarketsVox is regulated by the Financial Services Authority of Seychelles (FSA), which is described as a Tier-3 regulator and does not provide a specific investor protection fund. The broker has a safety score of 4.7/10 and a Low security level, although it does offer negative balance protection, requires KYC verification, and has been operating since 2008.
What trading account types does MarketsVox offer and how do their main conditions differ?
MarketsVox offers Demo, Standard, ECN/Raw spread, Cent, Swap Free (Islamic), and VIP accounts, but does not provide micro accounts. The Standard account has spreads from 1 pip with no commission and leverage up to 1:500, while the ECN account has spreads from 0 pips with a $6 commission per lot and access to all instruments and maximum leverage; the Cent account provides more than 90 instruments, a minimum volume of 0.1 lot, and leverage up to 1:2000.
What do MarketsVox user reviews and feedback indicate about overall client satisfaction levels?
The user satisfaction score for MarketsVox is 4.3/10, with 50% of reviews at 3 stars, 13% at 2 stars, and 38% at 1 star, and no 4- or 5-star ratings. According to user reviews, overall sentiment is described as mostly negative.
How does the MarketsVox account opening process work and what are users’ main onboarding impressions?
Opening an account with MarketsVox is fully online, with a reported registration time of 7 minutes, mandatory KYC verification completed in about 2 business days, and a minimum deposit of $0. The review describes the onboarding as accessible and relatively hassle-free, while noting that final account approval may take longer depending on the documents provided.
What feedback is available on the MarketsVox mobile apps and their main limitations?
MarketsVox provides mobile trading apps for both iOS and Android, but this section assigns a mobile apps score of 2/10, suggesting limited user interest or weak performance. The data shows very low or no recorded downloads, no app store ratings, and no support for mobile two-factor authentication, built-in indicators, or trading alerts.
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