Mega Markets brokerage service, located in Estonia and regulated by the UK financial authorities, is one of the most reliable and secured Forex and CFD trading platforms.
The variety of trading accounts, from Bronze to Gold, gives the opportunity for trading to traders of different skill levels and amounts of capital. However, no matter your level, we recommend starting with the Bronze option and progressively switching to other account types.
As you register, you will have your account manager assist you all along your trading journey. Before even opening an account, we recommend contacting customer service via the email displayed on their website. Bear in mind that their customer support is only available in English for now.
Once you deposit an initial $250, you can benefit from a 50% bonus which is quite convenient given they don’t offer demo trading options.
Despite its young age, our overall opinion of Mega Markets is quite good. Its fees still allow it today to be among the most competitive brokers on the market. If we are confident about the future of Mega Markets, we will see how it will develop over time.
Nevertheless, we recommend this broker for traders who rely on research tools to make decisions. It is also suitable for traders who want to diversify their portfolio with access to more than 300 instruments with a margin. Apart from its trading platform and the advanced features that are especially suitable for expert-level traders, Mega Markets offers high leverage of up to 1:500.
For more detailed info about trading conditions refer to Mega Markets review.
In one sentence, we can say that Mega Markets is an excellent CFD broker.
We, therefore, recommend Mega Markets to experienced traders (or those who want to become one):
- for the range of available assets;
- for its low spreads and fees;
- and its high-end platform.
Mega Markets innovates with the most advanced sentiment module on the market. For each asset, you have the possibility to obtain a graph with the percentage of traders buying or selling. You have the same statistic, which no longer relates to the number of customers but to exposure in euros.
In addition, the distinction is made between the situation of the day before and today so that you can get an idea of the dynamics of the price.
The technical and chart analysis tools are very comprehensive. Their presentation is rather original, with thumbnails that help you find the right indicator. You will have available:
Chartist tools: Fibonacci extensions and retracements, range, channels, fans, etc.
Automatically detected figures: shoulder, head, shoulder, channels, etc.
Indicators and oscillators: moving averages, MACD, pivot points, Bollinger bands, Ichimoku, etc.
The trading platform is fully customizable (it’s rare that it is so). So you can change the following:
- appearance (dark or light) and resolution (small or large);
- window size;
- how the different modules fit together;
- in tables, you can rearrange columns and adjust their size;
- graphs can be displayed on one or more windows;
- all windows have a full-screen view, and you can add as many as you want.
Mega Market allows for desktop and mobile trading. You just need to download their app and register to have online financial markets at your fingertips.