About MU Markets
Established in an offshore jurisdiction in Saint Vincent and the Grenadines, the brokerage center “MU Markets” operates without the necessary registration and licensing documentation, casting uncertainty on the legality of its operations.
The official website, mumarkets.com, is exclusively available in English. Let’s delve into the key offerings provided by this broker.
Trading Instruments and Platforms at MU Markets
At MU Markets, traders are promised access to a diverse range of over 2000 trading instruments, encompassing CFDs on stocks, currencies, metals, indices, and various other assets.
The platform presents several primary trading options, including MU Markets Native, Metatrader 4, Metatrader 5, and cTrader. Noteworthy features of the MU Markets platform include:
- 38+ technical indicators.
- 44 analytical tools for charts.
- 3 types of charts and 21 timeframes.
- Additional types of pending orders.
- One-click trading and trading directly from charts.
- User-friendly interface.
- Highly customizable charts.
- Integrated economic calendar.
Moreover, all trading platforms are accessible on both PC and mobile devices supporting iOS/Android.
Trading Accounts at MU Markets
Various account types are offered at MU Markets:
- Basic account with a minimum deposit requirement of $100.
- Pro account with a minimum deposit requirement of $5,000.
- Standard account with a minimum deposit requirement of $1,000.
- ECN account with a minimum deposit requirement of $10,000.
- Premium account with a minimum deposit requirement of $20,000.
All accounts share similar conditions, including leverage up to 1:200, rapid order execution, and a minimum lot size of 0.01. Clients have the option to open a demo account for practice.
Deposits and Withdrawals at MU Markets
Unfortunately, specific details regarding the deposit and withdrawal procedures are not provided. Queries related to payment systems, associated fees, and transaction processing times remain unanswered.
Final Thoughts on MU Markets
MU Markets’ legitimacy is questionable due to the absence of essential registration and licensing documentation, particularly considering its offshore registration. While the broker’s trading conditions may appear appealing, their actual reliability remains uncertain. For trustworthy insights on MU Markets, it is advisable to seek guidance from independent experts.
This review has been prepared by the specialists at ExpertsReview.