MySafeMarket
About MySafeMarket Broker
With a commitment to providing exceptional trading conditions, MySafeMarket Broker has quickly established itself as a notable player in the industry. Operating as an international broker under the ownership of MYSAFE PLACE LTD, the company is registered in the Marshall Islands at The Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960.
Account Options and Trading Environment
Traders can choose from three distinct account types, each offering unique features:
- Silver Account – provides 10-hour support, risk hedging, and leverage ranging from 1:20 to 1:200.
- Gold Account – includes 10-hour support, risk hedging, personal manager assistance, and leverage from 1:40 to 1:300.
- Platinum Account – offers 10-hour support, risk hedging, personal manager services, complimentary VPS, news updates, and leverage from 1:50 to 1:400.
For novice traders, a demo account is available for honing skills without the need to deposit real funds, ensuring a risk-free introduction to the platform.
Trading Platform
MySafeMarket Broker presents the user-friendly MetaTrader 4 trading platform, accessible for download on Windows, Android, and iOS devices via the broker’s website. Featuring a wide array of tools, this platform caters to both beginner and seasoned traders. Additionally, a web-based version allows trading without the need for downloading the software, with a link conveniently provided on the website.
Account Funding and Withdrawal Process
Depositing funds into your account can be accomplished through bank transfers or a selection of convenient payment systems. Withdrawals are facilitated using the same channels, processed promptly from 9 am to 6 pm local time without incurring commissions. Withdrawal durations typically span from three to five banking days.
Education and Support Resources
Exploring the broker’s website reveals an educational section featuring comprehensive responses to frequently asked questions and a detailed glossary. While analytical information is not provided, users can benefit from the news feed section, offering a curated selection of relevant updates.
Affiliate Opportunities
MySafeMarket Broker extends an enticing affiliate program that enables individuals to earn not only through trading activities but also by promoting the brand online. The “Introducing Broker” initiative empowers traders to generate income through referral links and capitalize on others’ trading activities.
Final Thoughts
Prior to engaging with MySafeMarket Broker, it is advisable to carefully review the terms of service and official documentation available on the website. While the company’s offerings are appealing, a degree of caution is recommended due to lingering uncertainties regarding its reliability and security measures.
This review has been prepared by the specialists at ExpertsReview.
My experience with MySafeMarket was incredibly disappointing. The customer service was subpar at best, with unresponsive representatives, and numerous unresolved issues that lingered for weeks. The broker platform offered by them was riddled with technical glitches and hang-ups, often crashing at crucial trading moments. Additionally, the hidden costs and fees were a nasty surprise. I found their transparency and honesty to be severely lacking. I do not recommend dealing with MySafeMarket for your trading needs.