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Markets Yes Review

Rating:

If you were looking for a proficient broker to start with, then you should definitely cross out Markets Yes from your list. This brokerage is simply not regulated, which makes it immensely risky to deal with. Find out more in full Markets Yes review here!
markets yes logo
Leverage: 1:200               Licences: N/A

Min. Deposit: 100 USD    Bonus: N/A

Spreads: from 2 pips         US Clients: No

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If you were looking for a proficient broker to start with, then you should definitely cross out Markets Yes from your list. This brokerage is simply not regulated, which makes it immensely risky to deal with. Find out more in full Markets Yes review here!

In the “Contact Us” section, Markets Yes scam claims to be headquartered in 20-22 Wenlock Road, London, N17GU. However, our Markets Yes review found out that this information is more than just deceptive. The website is owned and is being operated by two parent organizations, namely WISETRADE GLOBAL Ltd and Settlement Company Corp. In reality, these two companies are located in the Republic of Vanuatu. This raises many questions, but we leave it to your own judgment.

Markets Yes Promotions Review

At the registration stage, Markets Yes will offer you the “Holiday Cheer” bonus, which is of no deposit type. The size of the bonus $25 or the equivalent amount in EUR and GBP. Another promo that Markets Yes provides is the deposit bonus up to 300%. However, we warn you that accepting the promotional offer from the scam brokers is dangerous.

Markets Yes accounts review

Overview of Trading Accounts

To engage in live trading with Market Yes Forex broker, you will be offered five account types. They are as follows:

  1. Basic
  2. Standard
  3. Intermediate
  4. Diamond Pro
  5. Black

Basic is the first and the smallest account suggested on this website. It requires the deposit from $250 to $999 to be opened. The trader is offered only 3 features here, namely economic calendar, mobile trading and the customer service. Note that no promos are available here.

On the other hand, Standard account offers slightly broader functionality. However, it still remains on the unsatisfactory level. You may get only a glimpse of the educational features with Standard. These include ebooks and 3 webinars for beginners solely.

Intermediate seems to be a more advanced choice in comparison to previous accounts available on marketsyes.com scam. This account type can be opened upon depositing from $5,000 to $9,999. Among new features are 3 intermediate webinar lessons, video tutorials, daily reports, access to in-house strategies and case studies. In addition, the broker offers the floating spreads for different instruments, e.g. from 0,015 on Forex. The max leverage is 1:200 for FX and 1:20 for other asset classes.

Diamond Pro is an expensive account package meant for more experienced traders. Whilst almost nothing changed in terms of the actual trading, Diamond Pro owners get almost a full availability of Markets Yes educational facilities. The broker offers the assistance of personal account manager, unlimited webinars, 1 on 1 session with a personal trader, trader seminars and access to “My Academy”. All this requires depositing at least $10,000. Spreads on FX start from 0,01.

Black is supposed to be the VIP account. However, this Markets Yes review identified that this account is worthless. For the deposit of $50,000, the trader can receive trading signals, live data feed and special bulletins. All other features repeat the previous account types. The spreads seem to be tighter, i.e. from 0,008 on FX.

Markets Yes Trading Platform Review

The Markets Yes review also discovered that the broker had developed its own platform. There is no download required, as this platform is purely web-based. The platform certainly has a room for improvement, as right now it looks very raw, lacks customization and has a poor library of technical indicators. Additionally, it may take a while until the trader manages to master the platform.

Markets Yes scam platform

Sadly, Markets Yes does not offer a demo account to practice in the risk-free market environment.

Markets Yes Reviews: Deposits and Withdrawals

There are virtually few ways to fund the account. The only transfer methods available are credit cards and wire transfers. Using electronic payment systems, money transfer services is not possible with Markets Yes.

Markets Yes banking methods

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