MarketsPilot Review
MarketsPilot
Details
| Broker | MarketsPilot |
|---|---|
| Website URL | https://marketspilot.com/ |
| Founded | 2018 |
| Headquarters | Cnr Old and Church Street, P.O. Box 2290, Roseau, Commonwealth of Dominica |
| Support Number | +44 2080-898169 |
| Support Types | live chat , email , phone |
| Languages | english |
| Trading Platform | web-based | Windows | Android | iOS |
| Minimum 1st Deposit | $250 |
| Minimum Account Size | No Minimum |
| Minimum Trade Amount | 0.1 |
| Bonus | No Bonus |
| Leverage | up to 1:500 |
| Spread | variable |
| Free Demo Account | Open Demo |
| Account Types | student , advanced , semi-managed , fully-managed , pro , expert , 1 million club |
| Deposit Methods | credit/debi card , WebMoney , Bitcoin |
| Withdrawal Methods | credit/debi card , WebMoney , Bitcoin |
| Number of Assets | 16 cryptocurrency pairs |
| Types of Assets | cryptocurrency contracts |
| US Traders Allowed |  |
| Mobile Trading |
 |
| Tablet Trading |
|
| Overall Score | 94 |
MarketsPilot is a cryptocurrency trading broker owned by Click World Ltd, specialized in providing access to cryptocurrency-related contracts. Due to the increasingly high demand for crypto assets, the company had eased the access of individuals to this new market, via a series of trading features we’ll talk about. Depending on the account type, clients working with MarketsPilot can get access to a wide range of services, including high leverage, account manager, live webinars, weekly reports, and others.
Trading Platform
Since the company wanted to provide a unique trading software, it had developed SIRIX, a proprietary trading platform available via web browsers, Android and iOS devices, as well as desktop trading. Any type of trader will find the right platform it wants since the software is so flexible. SIRIX is a result of meticulous engineering and represents an easily accessible gateway for any person with a computer and an internet connection.
In addition, it is an immediately actionable and easily understandable trading solution due to its functions, modes, and options. The company claims it’s a real pleasure to work with the interface since it’s set up in only a matter of minutes. In terms of special trading tools, MarketsPilot had integrated social trading into the platform. As a result, clients can watch in real-time how top-ranked masters had performed over the past year. The social stream window provides information about the positions opened by all the expert traders from the program.
Account Types
Speaking of account types, traders wanting to work with MarketsPilot can choose between:
- Student;
- Advanced;
- Semi-managed;
- Fully managed;
- Pro account;
- Expert account;
- 1 million club.
Traders can trade cryptocurrency contracts with leverage of 1:200 (for student and advanced accounts) and as high as 1:500 for the rest of account types. Among the most prominent trading features, we must mention live webinars (on a weekly or monthly basis), account manager, expert adviser, weekly reports, in-depth research, and automated strategies. The list grows depending on the account types, but so do the minimum deposit required.
Cryptocurrency Instruments
At the time of writing, there are 16 different cryptocurrency-related contracts available via the SIRIX platform. Clients can trade BTC, ETH, BCH, LTC, XLM, XMR, and XRP against fiat currencies like USD and EUR. There are no cross-cryptocurrency pairs available right now. Spreads are variable and traders must take into account that there are overnight swaps charged for every position held open more than a day. Combined with the high leverage, we can conclude that these crypto contracts are suited for short-term trading.
Crypto Trading Education
MarketsPilot does not provide plenty of free material on its website. Other than a few introductory articles, there’s little educational content available. However, as we’ve already mentioned, the company does hold periodic webinars, where clients can see experts in action. At the same time, they can get plenty of insights from market experts. Technical and fundamental analysis will thus be provided. The account manager could also be of great help, not just for technical issues.
Customer Support
For inquiries, MarketsPilot has enabled several options. Firstly, there is a live chat feature, meaning clients can get quickly in touch with a representative in order to solve any technical issue. At the same time, the company had provided a phone number and email address. Feel free to check their website in order to find more information.
Summary
Our conclusion is that MarketsPilot provides a trading offer tailored towards cryptocurrency-related contracts. The challenges posed by this relatively-new market had been the main motivation behind the company’s desire to come out with an original approach for crypto trading. If you want to check how the platform operates, you can open a demo account and test it.
Visit Broker