There are a lot of reasons why people believe a certain broker may be a scam. Some traders will tend to misinterpret their failures and this is understandable. This is the case with Marketrip and many other brokers.
Marketrip is not a scam at all. They are really professional at their job. But some people are telling another story.
Some people feel frustrated by the withdrawal process and they jump directly to conclusions. And this happens mostly because, they deposit money before getting verified or they use different cards or methods to withdraw their money. So listen carefully to your account manager, read carefully the term and conditions, be informed. That’s the only solution. Assuming that you’ve verified your account and that you are using one of the accepted withdrawal methods, the process is straightforward.
Request for the withdrawal and you’ll get your money minus fees and possible losses on conversion in a usual time frame. They are focusing on withdrawals rather than the investing process itself.
In general CFD’s are not for everybody since we are talking about margin trading and pretty high leverages. You may think that you have it under control but most of the time you don’t. The trend shifts so suddenly and so rapidly that you don’t even have time to shut down the order or don’t hold sufficient funds on your balance to cover the increasing margin demands.
And after this happens, some will go only and write scam next to the brand name.
In fact, before writing they should read and educate themselves about trading markets.
In fact Marketrip is the perfect platform to start trading as a beginner. It offers numerous tools to help you achieve you aim, even though you may lack experience and knowledge.
Fully equipped with a suite of powerful tools, it will take your trading to the next level. Explore the customized charts and live data feed and all this optimized for desktop, tablet and mobile.
If you are new to this their “no commission fee” policy will give you a hand. Marketrip does not charge clients when they deposit funds into their accounts. However, they recommend you check with your bank or credit card company for any money transfer costs and/or extra charges. This is a huge boon to active experienced traders and also beginner investors.
Marketrip was founded by a group of professional traders, investment managers and software engineers. Marketrip works closely with major banks and financial institutions operating in the CFD industry and by working with several leading banks, Marketrip is able to obtain some of the best Bid and Ask price on behalf of its clients.
New investors your time has come! New investors need two things from their online stock trading platform: an easy learning curve and lots of room to grow. Marketrip boasts a library of educational videos, articles, webinars and ebooks. So you can select from a broad array of eBooks for novice to experience levels or you can start your way of becoming an independent trader.
I find its trading interface, one of the most user-friendly of almost everything out there, making it a perfect option for the first-time trader. The design is minimalist, interactive, and easy to navigate.
I prefer to test each brokerage’s platform and weighed in on its standout features before writing a review about it. What it stands out is an ease of navigation, intuitive controls, and a lot of learning resources. Whether you’re looking to make a series of complex trades or to carefully execute your first, intuitive organization and just-in-time pointers are key to a satisfying platform experience.
Fully equipped with a suite of powerful tools, for taking your trading to the next level. The platform offers customized charts and live data feed and of course desktop, tablet & mobile compatibility. Apart from beginners the platform is a powerhouse designed for the advanced. Marketrip offers 3 trading platforms:
MetaTrader 4: take advantage of one-click, at-best order execution, advanced technical analysis and unmatched automation capabilities! Marketrip WebTrader: a user friendly web platform which synchronizes all trades with your MT4 account and Marketrip Mobile Trader: a state-of-the-art platform developed using HTML 5. Market Mobile Trader is compatible with Smartphones that support HTML 5.
Risk Disclosure: Trading leveraged products such as CFDs may not be suitable for all investors as they carry a high degree of risk to your investment. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite, and if necessary seek independent advice to fully understand the risk involved, the leveraged nature of CFD trading means that any market movement will have an equally proportional effect on your deposited funds.