MarketsCo

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MarketsCo positions itself as the leading CFD broker in the world. In addition, the intermediary claims that more than 10,000 users from 93 countries trust them with their investments. As for the firm’s registration, license, and location, no information about it is available on its official website. Despite the fact that the domain was created back in 2016, the project does not disclose its history and launch date.

Will trading on this platform bring you the expected profits? Maybe you will fall into the clutches of experienced scammers? We will deal with these questions.

Trading Conditions

The broker offers clients to earn online on a platform that functions on PCs and mobile devices. Trading conditions here are as follows:

  • Forex markets, crypto, stocks, indices, and commodities.
  • 5 account types with an entry threshold of $250.
  • Up to 10% of the referral deposit amount.

The company does not disclose the size of spreads, commissions, and leverage. You can deposit and withdraw funds through major payment systems, as well as using credit cards and bank transfers. However, MarketsCo recommends that clients use cryptocurrencies only.

Please note that you risk losing your funds when transacting in crypto, as you will not be able to use the chargeback procedure.

MarketsCo promises traders personalized support. In addition to brokerage services, the firm offers educational resources.

FAQ

Would investing in MarketsCo offer the best returns?

You are more likely to lose money than make a profit on a low-quality platform. The intermediary hides important trading conditions. In addition, this company may use fake charts and statistics to give you the illusion of successful trading.

Does MarketsCo carry out withdrawals?

Users often encounter restrictions or refusal of withdrawals from the broker. Many clients report online that their accounts are blocked or they face difficulties when trying to withdraw money. It's unlikely that this will work for you, either.

May I be scammed on marketsco.com?

This platform poses a serious threat to your financial security. It is likely that this company operates without a license, regulation, and registration. This means that you will have no protection in case of withdrawal problems.

What's the best way to share my experience with MarketsCo?

Fill out the form and we'll make sure your voice is heard.

How can I tell if this is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: No
License: No license
Leverage: Not indicated
Broker type: DD
Demo account: No
Affiliate program: Referral
Minimum deposit: 250$
Trading platform: WebTrader
Assets: Forex, CFD

16 reviews about MarketsCo

  1. Athen
    February 27
    I did not like the platform
    I have never been able to figure out how spreads work here. The developers write that spreads are calculated depending on market fluctuations and therefore are offered differently for each trade. This approach seems very inconvenient to me and MarketsCo smells like a scam.
  2. M. White
    February 26
    Unpredictable spreads
    I had no problems with registration and verification. However, I didn't like that the managers set the spreads themselves (they have the right to change them constantly depending on market fluctuations). This hinders profit forecasting.
  3. Andrew Lawrence
    February 26
    A complete fraud!
    The broker obviously has no license. After I started earning money, MarketsCo employees started to come up with some sanctions, penalties, just not to withdraw my 7,100 XRP. The support team only promises to sort it out, but does nothing. I feel cheated :( Run away from them if you don't want to lose your funds.

  4. merk_60
    February 23
    The terminal is operated by fraudsters
    Even if you see a good review about this broker, you should know that it is a scam! I lost all my money here, 13k euros! Because it's a fake company!!! Don't trade with them!
    1
    Darling
  5. Nancy Howard
    February 20
    This is an absolute scam
    When you invest money, the managers promise “the best conditions”, but in the end it turns out to be nothing but a scam. Quotes change as if someone is intentionally tweaking them manually! Stop losses are broken where the price is not even close. Order execution is just a mockery. And when the profit drops, they immediately start slowing down with the withdrawal of funds. I've been waiting three weeks to get my $430!

  6. Timothy Smith
    February 19
    Loss of money and time
    After I activated a stop loss at -10%, the broker magically executed it at -20%, which is absolutely unacceptable and illogical from the point of view of market conditions. There were no explanations from the support service, only excuses. Total disrespect to the client....

  7. E. Miller
    February 16
    I am satisfied with the technical support
    I have noticed a lot of advantages in trading on this platform during a couple of months of work. One of the main advantages of the brokerage is the technical support team. Markets Co support managers are really available around the clock, and if you suddenly have any problem or question, you can contact them at any time. They will always listen, do what you need, advise you and if there is any problem with the terminal, they will solve it promptly. This is what many modern brokers lack, and this is one of the main reasons why I only trade at marketsco.com now.

  8. George Marsh
    February 15
    Good training
    If it was difficult for me to understand the interface of the platform right away, now I feel confident here. Thanks to MARKETSCO support for this!! They have been pulling me up and literally teaching me how to work with the assets from the very beginning. The choice here is good, although so far I have only fully mastered currency pairs. Also, kudos to MARKETSCO for making the platform load perfectly on my phone. I always find it convenient to monitor the situation in my account and plan my analytical strategy.
  9. James P.
    February 15
    I have no complaints about the service
    I have been trading with Marketsco broker for about three months. Spreads start at 2.2 pips on a standard account. In principle, this is an average figure on Forex, I have worked with brokers with higher spreads. I have never had any problems with withdrawal of funds, but the money is not received to the card immediately: you need to wait about two days. There are no special claims to the broker. Webtrader almost always works without hiccups, and even the mobile version of the terminal works quite stably. Technical support responds promptly, and quotes are also displayed correctly.

  10. Craig
    February 13
    They are crooks and scammers
    Trading intraday is impossible with this intermediary, because the constant disconnections will not allow you to work out more or less interesting strategies. Thus, Markets Co does not allow you to make money for long periods of time, pending orders do not work on the points you have noted! So I had nothing to withdraw from this forex broker!! I completely lost my deposit of 5 thousand dollars due to manipulations with the terminal. stay away from marketsco.com!

  11. B. Brown
    February 11
    I have been trading here for over a year now
    I have a neutral opinion about this company. One of the main advantages is the availability of educational services. However, the minimum deposit of $250 may be too high a threshold for those who are just starting their trading career. For many novice traders, this can be a barrier and force them to look for more affordable options. Otherwise, I believe that MarketsCo is a reputable broker with a high degree of reliability and no execution issues.

  12. Jeneric
    February 8
    Offshore company
    If you look more closely to see if Marketsco has regulatory licenses, you will find that it does not. Try to open an account here and you will find that you will be given an account with an offshore company that has nothing to do with a regulated firm. In this case, the client is not insured against manipulation by the so-called “broker”.

  13. Dale
    February 7
    Transactions are mostly in cryptocurrency
    I decided to start small, so I opened a Basis account two months ago. Terminals work stably, news and analytics are top notch. But all these advantages are negated by terribly high spreads. The spread on EUR/USD pair is set at 3 pips! The broker does not charge commission for deposits and withdrawals, but there are not so many ways to transfer funds. You won't be able to transfer money immediately, even in cryptocurrency.

  14. Mr. Davidson
    February 3
    The site is not trustworthy
    You have to be a complete idiot to open an account with MARKETSCO, as the web is full of negative reviews about their scams and payment delays. Although I don’t have such experience, since I haven’t opened a deposit here, but out of curiosity I looked at the website marketsco.com – it’s very inconvenient and doesn’t have a language panel, apparently the broker doesn’t even focus on clients who don’t speak English. I wonder how this broker provides services in almost 100 countries? This is nonsense!

  15. Mr. Crawford
    January 24
    This is just a pathetic circus!
    I had €4,300 in my balance, decided to withdraw half of it, and these fraudsters charged some kind of penalty for “wrong information”! Yes, you are getting incorrect information on the MARKETSCO website. It would be fine if the fee amount was small, but here my over €2,100 went nowhere!!! Don't even try to fall for the tricks of these scammers.

  16. Elizabeth Morgan
    January 21
    I will not recommend this SCAM!!!
    The conditions on the site are supposedly good, but if you start trading, you will see that it is terrible! Personal managers only advise you how to empty your deposit. You will deposit money and start earning, and the crooks will make sure you lose it as soon as possible.

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