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MarketsPilot Review
Company Overview
MarketsPilot is an online broker specialized in cryptocurrency trading, owned and operated by Click World Ltd. Founded in 2018, the company is headquartered in Cnr Old and Church Street, P.O. Box 2290, Roseau, Commonwealth of Dominica. In terms of legal compliance, marketspilot.com had established a compliance procedure, KYC & AML Policy, Privacy Policy, Return & Refund Policy, and a Withdrawal Policy. Based on the information currently available, the broker operates offshore and is not regulated by any important entity.
The company’s philosophy is to give everybody a practical and easy-to-learn way to get access to financial markets, overcoming the obstacles that have always kept them aside. Let’s analyze some of their most important features, to help you understand whether it will be worth working with MarketsPilot or not.
Trading Platform
SIRIX is the trading software solution developed by MarketsPilot to help clients tackle the challenges posed by the cryptocurrency market. It comes in four different versions:
- Web Trader;
- Desktop;
- Android;
- iOS.
Since the cryptocurrency market raises some personalized challenges for traders, the company had decided to adopt a proprietary solution, one that comes with all the well-known trading tools, as well as a few additional ones. Applying technical analysis strategies is possible since multiple chart types and time frames are available. At the same time, most of the popular indicators (moving averages, oscillators, Fibonacci levels, etc.) and drawing tools had been integrated.
Also, social trading tools had been integrated. Clients can see how expert traders performed in the past and at the same time, they can see updated information about all the trades placed by these experts. This could be a useful feature for beginners looking to put their ideas against what other professionals think about future market performance.
In terms of trading instruments, contracts based on Bitcoin, Ether, EOS, Litecoin, XRP, and many other popular tokens are available on the platform. Traders can trade them against the US dollar or Euro and can make deposits in AUD, GBP, US dollars, or Euros. Both credit/debit cards and wire transfers are being accepted as deposit methods.
Customer Service Overview
To keep close communication with the customers, MarketsPilot has three methods currently available. From Monday to Friday, agents are available via live chat. Also, any inquiries can be sent via the email support@marketspilot.com or by calling to +44 2080-898169. Overall, the company is providing enough options for clients to keep a close relationship. We must not also forget that all clients, no matter their account type, will get access to an account manager.
Account Types
There are seven different options in terms of account types, but clients must be aware that the deposit requirements are very big, especially when we talk about the most important ones.
- Student account – requires a $1,000 deposit; gives access to the SIRIX platform, up to 1:200 leverage, an account manager, a monthly live webinar, and an economic calendar.
- Advanced account – requires a $5,000 deposit; in exchange, traders will get access to an expert adviser, on top of the features mentioned for the Student account.
- Semi-managed account – requires a $10,000 deposit; up to 1:500 leverage for cryptocurrency trading, account manager, expert adviser, live webinars 3x a week, and economic calendar are the most important features.
- Fully managed account – $25,000 deposit required; automated strategies, unlimited live webinars, weekly reports, on top of the features available for a semi-managed account.
- Pro account – $100,000 deposit required; features like in-depth research, weekly reports, automated strategies, and expert adviser are offered.
- Expert account – $500,000 deposit required; automated strategies, portfolio construction, in-depth research, unlimited live webinars, weekly reports, and access to a crypto expert are some of the most important features.
- 1 million club – $1 million deposit required; all the features mentioned with other account types + crypto expert sessions and individual trading with a cryptocurrency specialist.
Summary
MarketsPilot is an online trading brand offering access to a wide range of cryptocurrency contracts, via a proprietary platform called SIRIX. Putting both positives and negatives into balance, we can conclude that this is an opportunity for traders wanting to trade crypto, without having to deal with a traditional cryptocurrency exchange platform. It all depends on what each trader expects for the broker he/she wants to deal with. We did not manage to find any negative feedback about MarketsPilot, based on our latest online research. Feel free to comment below about your experience in trading with this company, if you already have a live account with MarketsPilot.
MarketsPilot Review
Product Name: MarketsPilot
Product Description: MarketsPilot is an online broker specialized in cryptocurrency trading, owned and operated by Click World Ltd. Founded in 2018, the company is headquartered in Cnr Old and Church Street, P.O. Box 2290, Roseau, Commonwealth of Dominica. In terms of legal compliance, marketspilot.com had established a compliance procedure, KYC & AML Policy, Privacy Policy, Return & Refund Policy, and a Withdrawal Policy. Based on the information currently available, the broker operates offshore and is not regulated by any important entity.
Brand: MarketsPilot
Offer price: 100$
Currency: USD / EUR / GBP
Offer URL: https://marketspilot.com/
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Trading Platform
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Languages
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Support
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Spread
Summary
MarketsPilot is an online trading brand offering access to a wide range of cryptocurrency contracts, via a proprietary platform called SIRIX. Putting both positives and negatives into balance, we can conclude that this is an opportunity for traders wanting to trade crypto, without having to deal with a traditional cryptocurrency exchange platform. It all depends on what each trader expects for the broker he/she wants to deal with. We did not manage to find any negative feedback about MarketsPilot, based on our latest online research. Feel free to comment below about your experience in trading with this company, if you already have a live account with MarketsPilot.
Pros
- Access to a wide range of cryptocurrency contracts, denominated in the US dollar or Euro. Deposits can be made in GBP, AUD, EUR, or USD.
- Plenty of educational material aimed at helping traders to learn how to trade.
- Good customer support, available via live chat, phone, or email.
Cons
- Not regulated by any major financial regulator.
- A company operating off-shore.
- High leverage combined with high crypto volatility could result in big risks for traders.
