Introduction to Markets Pilot
In Roseau, the capital city of Commonwealth of Dominica, Marketspilot cryptocurrency broker started its operations in the mid of June 2019. Despite being a new age cryptocurrency broker, Marketspilot offers its users more than a hundred cryptos to trade. However, other financial instruments that belong to Forex, Indices, and Stocks, etc. are not offered by the Marketspilot broker. Users of this broker get to trade top cryptos with the world-class trading platform known as Sirix. Now, let’s get into the detailed Markets Pilot review.
Index – Marketspilot Review
- Financial Instruments Offered
- Account Types
- Base Currencies Offered
- About Sirix
- Social Trading
- Deposit & Withdrawal Methods
- Customer Support
Financial Instruments Offered
Marketspilot offer close to a hundred major cryptocurrencies for their users. These cryptos include Bitcoin, Ethereum, Litecoin, Dash, and Ripple, etc. Crypto pairs such as BTCETH and Crypto fiat pairs such as LTCUSD can be traded with Markets Pilot. All of these asset classes are color-coded, as shown in the image below. The asset classes marked in green indicate the increase in prices while the red indicated ones are said to be decreasing. This visualization helps the traders to understand the price direction without having the trader to calculate them manually.
There are seven different account types that Marketspilot offers to its users. Starting from Student account to 1 million dollars club, each of the accounts has different features and initial deposits. One important difference from account type to account type is the crypto education they provide. In student account, users get to access one webinar per month, whereas in the most prestigious one million dollar account traders get expert crypto sessions, in-depth research tools, and unlimited live webinars.
Base Currencies Offered
Marketspilot broker offers four base currencies for their users. They are USD, GBP, AUD, and EUR. The best part of choosing the base currency of a trader’s choice is that they don’t have to bear the conversion charges while making the deposits.
Marketspilot broker offers the Sirix trading platform for its users. It is an industry-standard trading software that has all the essential features embedded in it. It serves all types of trades with different experiences. Novice traders find it brilliant because of its great user interface and easy navigation. Intermediate traders can use various indicators, oscillators, and different charting tools which are available on the Sirix trading terminal. There are not many advanced trading features like auto trading bots like we find in the MT4 platform. But still, it serves most of the trading needs for advanced traders as well.
Essentially, there are three different trading platforms – Sirix Station (Desktop Software), Sirix Web Trader (for web), and Sirix Android & IOS mobile applications.
Below is an illustration of charts on the Sirix platform.
As you can see below, all types of orders, such as Buy Limit, Sell Limit, Buy/Sell Stop, Stop Loss, and Take profit orders can be placed while trading on the Sirix platform.
Below is the list of indicators that are available on the Sirix trading terminal. There are more than fifty most credible and reliable oscillators on this trading platform.
Social trading is a very interesting and attractive feature on the Sirix platform. This feature enables novice and intermediate traders to copy trading signals from the crypto experts in the industry. Also, advanced traders can cross-check their trades with the leading minds and get extra confirmation on their trades. This is a one-of-a-kind feature, and hardly any crypto broker provides this functionality right on the trading terminal.
Deposit & Withdrawal Methods
Credit Cards, Wire transfer, ePay, and Bitcoin are important ways through which traders can fund their Marketspilot account. No fee is charged for both deposits and withdrawal of funds. Funding occurs instantaneously for any of the methods used. For withdrawal of funds, a request should be raised, and a trader’s account manager reviews the purpose of the request. Once the review is done, funds get deposited instantly if the credit card method is chosen. If a trader chooses wire transfer, it will take less than a day for the funds to get reflected in the respective trader’s bank account.
Markets Pilot support team works 24/5 a week. They can be reached via phone (+44 2080-898169), email (email@example.com), and through live chat options. Live chat option can be found on the bottom right corner of the Markets Pilot official website (See the image below). We have experienced high-quality service in all the forms of service, and personally, the Live Chat option is our favorite. Because the solutions for the problems will be provided instantaneously without having to wait for a long period of time.
All in all, we can say that Marketspilot is the best choice if you are looking for less trading fee brokers and a wide variety of cryptocurrencies to trade. Also, the main attractions are the different well-curated account types and the top-notch trading platform. Hence we would definitely recommend giving this broker a try. We hope you find the Marketspilot review informative. Cheers.
Tarik Pierce is the founder of InvestorTrip.com and regularly contributes articles to this website.
While living overseas, he uses PureVPN for a low cost VPN service.
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While his background is mostly related to trading stocks, he recently gained interest in real estate crowdfunding with Fundrise.