MRC Markets Review
| Broker | MRC Markets |
|---|---|
| US Traders Accepted | |
| Company Name | MRC Markets |
| Headquarters | Vienna, Austria |
| Regulation | License of Securities Commission of Lithuania (license #B109); licensed by the UK Gambling Commission (license #000-030728-R-312101-001); authorized by the Securities and Exchange Board of India |
| Bonus Type | Loyalty bonus |
| Bonus Size | 30% |
| Max Payout | 150% |
| Out-of-Money Reward | 0% |
| Trading Platform | MetaTrader 4, MetaTrader 5 |
| Deposit Options | Skrill, WebMoney, debit/credit cards, bank transfer |
| Deposit Currencies | USD, EUR, GBP, CHF, JPY, CNY, INR, RUB, PLN, BRL |
| Minimum Deposit | $1,000 |
| Minimum Trade | $25 |
| Maximum Trade | Unlimited |
| Online Since | 2006 |
| Trading Instruments | Forex, Commodities, Indices, Stock |
| Number of Trading Instruments | 1000+ |
| Binary Option Types | Call, Put |
| Customer Support Types | Email, over-the-phone trading, on-line chat service, Skype |
| Education Offered | Video: Trading in the Financial Markets, Beginner’s guide, How-to-trade Forex, Information articles |
| Tools Offered | Weekly Market Outlook Videos, DowJones news, Forex news, MetaTrader platform |
| Commission | Commission for deposit:
|
| Languages | English, German, French, Spanish, Italian, Russian, Indian |
| Demo Account | Yes |
MRC Markets offers 1000 financial instruments including 120 currency pairs for trading. MRC Markets offers traders an access to different financial markets across the globe. One can trade CFDs from the leading markets such as Vienna, London, New-York, and Tokyo. Traders can also trade in precious metals and futures on oil and gas. MRC Markets is a very old company with their existence in the financial markets since 1972. Headquartered in Vienna, Austria, MRC Markets is today a diversified group of company, with several subsidiaries located in different parts of the world and facilitating trading to the traders of particular areas. For example, MRC Markets Financial Brokerage Company JSC is a licensed European broker and holds a License of Securities Commission of Lithuania while MRC Consultancy Pvt. Ltd serves clients to the Indian financial market and is authorized by the Securities and Exchange Board of India (SEBI). They offer reliable and up-to-date trading platforms: MRC-MetaTrader 4 and MetaTrader 5, and mobile users can also take help of their mobile trading platform MRC-MetaTrader 4 Mobile and can trade using their smartphones, Android devices and iPhone. Besides they also have a web trading platform where a trader can start trading directly from the browser of the computer system. No installation is required for using their web trading platform while for using MetaTrader 4 and MetaTrader 5, one needs to download the program and install onto their computer system.
With MRC Markets, one can open their accounts within 5 minutes. One can choose to open a demo account too. They offer three types of trading accounts to their clients. These are Standard Trading Account, ECN Trading Account, and ECN+ Trading Account, each having own specific features, specific number of financial instruments for trading, specific deposit currencies and the minimum deposit levels. Traders can check the comparison chart available on the website and can open an account that can meet their trading needs suitably. MRC Markets offer 10 currency options to fund an account. Perhaps no other brokerage firm offers currencies such as INR, RUB, PLN, and BRL. So, traders can have actually a great degree of flexibility when it comes to choosing a deposit currency. Then, they have different fund deposit methods including plastic cards, bank transfers and electronic payment methods. They have different commission levels for different modes of fund deposit and withdrawal.
MRC Markets also offers Target Loans to their clients to help them trade financial instruments and earn money. They charge an annual loan interest rate between 1.5% and 8% on the loan amount, and that depends upon the currency of chosen by the trader. A trader needs to fulfill their conditions to secure a loan and MRC Markets offers a minimum loan amount equals to 200% of the deposit amount of a trader.
MRC Markets also offers a special treatment to large investors. A trader with account balance exceeding USD 50,000 is considered as a VIP client by them. A VIP client can enjoy several privileges with them such as commission-free transfer of funds, interest-free trading loans, etc.
Trading Choices
MRC Markets offers different types of accounts and which can serve the trading purposes of different types of traders in a more precise manner. Moreover, a VIP trader can expect to make huge earnings and can also enjoy several types of advantages with them. They offer 1000 assets from different markets and thus traders can have a large number of choices. While trading with MRC Markets, a trader can assess different “Barriers”, which show the prices of an asset will move up or down. They offer four different barriers and each having specific earning levels. For example, Barrier 1 is when the level of order is 25 pips and the trader can make a profit of 150% for their correct price movement. Barrier 2 is at 50 pips and ensures a profit of 200%. Barrier 3 gives the level of 75 pips and one can earn 300% for the correct judgment. And finally, Barrier 4 at 100 pips offers a huge earning of 500%.
MRC Markets does not offer any deposit bonuses. However, they provide promotional bonus offers from time to time. For example, one can currently seek a 30% loyalty bonus from them. But for getting such a bonus, one would require to hold a trading account with them with a minimum deposit of USD10,000 and cannot withdraw funds within the next six months. So, only big and experienced traders can think of taking advantage of such bonus offers from them.
Technical Analysis
MRC Markets offers different resources for beginners as well as professionals. They have an “Information” section on their website where one can access a whole lot of technical tools and analyses. One can receive analytics reports from the experts in the written or video formats. They also provide the latest global financial news from Dow Jones. Traders can also get an access to a range of articles on the financial markets and the economy to help develop an insight on the financial trading. They also provide the historical data, helping traders to study the behavior of the instruments and develop trading strategies. They also provide different types of charts as well as the Japanese Candlesticks. So, traders can have a wide variety of technical analysis with MRC Markets and can learn to trade successfully in the financial markets.
Learning & Support
Beginners can find several types of learning resources with MRC Markets to help develop their trading skills and successfully execute their profitable trades. Besides learning from their Demo Account, one can also learn from their Free Video Courses. They offer courses like Free Forex Training Course and How to Earn on Forex. They also help traders to sharpen their skills in Money Management and helps traders to understand their Trading Psychology to choose a better trading approach.
MRC Markets has very good and efficient customer support system in place. One may call them to speak to a customer care executive and get guidance on trading over the phone. They are also available on live chat on their website and through Skype. You can also email your queries to them.
Conclusion
MRC Markets seems to be very serious while offering their services to both beginners as well as professional traders. A beginner can open a demo account and can have an access to a wide variety of educational resources. Beginners can start investing with just $25 while for large investors there are no limits on the investment. Professional investors can open a VIP account with them and can enjoy several kinds of facilities such as interest-free loans for trading. A beginner may not prefer to opt for a loan, as one need to deposit a minimum amount of $10,000 for seeking a loan with them. Both beginners and professional traders can have an access to 1000 instruments from different markets. Besides they offer advanced trading platforms and have mobile trading apps too. MRC Markets is licensed with different authorities and this makes them a credible company for large investors who often trade with big amounts. Moreover, their decades of industry presence and reputation can also draw attention of any trader.