Market Master Trade is a Contract for Difference (CFD) broker with a domain name registered on April 25, 2024. This broker primarily offers investment services in forex, cryptocurrency, indices, stocks, energy, and commodities markets. It does not provide services to countries and regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to information publicly available on the Market Master Trade website (marketmastertrade.com), the broker was established in 2016 and is registered in the United Kingdom. It is regulated by the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose detailed company entity and regulatory registration information.
Upon investigation, there is no record of a regulated company named "Market Master Trade" with the UK's Companies House, the FCA, or the ASIC.
Therefore, Market Master Trade (marketmastertrade.com) is actually a scam broker website with no company entity and no regulation.
Account Opening Process
To open an account with Market Master Trade, visit the broker's website, click on the "Open Account" button on the homepage or the "SIGN UP" button in the top right corner to access the account registration page. Fill in your personal information, such as name and email address, set a login password, and submit. Once your account is verified, the registration is complete.
Trading Instruments:
Market Master Trade offers its clients a variety of trading products including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the overall performance of entire markets or specific sectors without trading individual stocks, offering diverse trading opportunities and leverage to boost potential returns.
- Commodities: Commodity trading covers key resources in the global market, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of public companies and earn dividends based on company performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
Market Master Trade provides four types of investment plans: Basic account, Classic account, Platinum account, Forex Signal Subscription.
Basic account:
- Minimum deposit: $500
- Minimum expected profit: $4,500
- Maximum expected profit: $5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
Classic account:
- Minimum deposit: $5,000
- Minimum expected profit: $45,000
- Maximum expected profit: $50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
Platinum account:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- Full benefits package
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
Forex Signal Subscription:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- No experience needed
- Advanced trading tools
- Payment in Bitcoin only
- Use any broker
Trading Platform
Market Master Trade claims to offer users the MT5 trading platform, but there is no information about this broker on MT5.
Deposits and Withdrawals
Market Master Trade supports deposits and withdrawals via debit card, wire transfer, electronic checks, or check deposits.
Summary:
Traderknows reminds investors that Market Master Trade is a scam broker that lures investors with promises of high returns. The website has no actual company entity or regulation. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and reputable to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
