MRC Markets Binary option Broker
| Company | MRC Markets |
|---|---|
| Founded in | 1971 |
| Online since | 2006 |
| Offices in | India, Lithunia, Russian Federation, United Kingdom |
| Payment options | Credit/debit cards, QIWI, WebMoney, Wire Transfers |
| Demo platforms | MetaTrader 4, Meta Trader5, MT4 Web Trader |
| Account Currencies | USD, Russian Rubble, Swiss Franc, JPY, Polish Zolty, Indian Rupee, EURO, GBP, Brazilian Real, Chinese Yuan |
| Currency Pairs | 123 |
| Website Languages | English, german, French, Russian, Italian, Spanish |
| Customer Suppor Service | Email, Call Back, Phone, Office, Live Chat, Web Form |
| Minimum Deposit | $20 |
| Minimum Trade Size | 0.1 Lot |
| Trading Instruments | Forex, CFD, Stocks, Binary Options, Forex, Indices |
| Trading Platform | Meta Trader 4, Meta Trader 5, MT4 Web Trader |
MRC Markets is the most sought and experienced broker in the market with state of the art access to the financial markets. The traders of all backgrounds can have access to the financial markets through them. With their innovative technology and advanced tools they provide to their customers high quality service. The company was founded in 2002 and has their office headquarter in London, UK. The company also has its offices in Lithuania, Vilnius, Russia and Moscow. The company is a well regulated and is licensed by Securities commission of Lithuania, Securities and Exchange Board of India and UK Gambling Commission.
MRC Markets offers to its customers trading using MRC Meta Trader 4 and MRC Trader 5 which has been customized from the World’s most used trading platform – Meta Trader 4. The trading platform allows trading in forex, CFDs and Binary Options. They allow hedging but scalping is not allowed to the traders. They do not allow traders from Unite States to trade from their account. They have several facilities when using this trading platform like, stop order, limit order, market order, trailing stop order, OCO orders, one click trading, charting package, trade off charts and streaming news feeds.
MRC markets offers to its customers free demo account which can help traders know the trading platform better. They also provide to their customers retirement account. The minimum trade size is very high and is $10,000. Some of the account currencies allowed by the company include GBP, JPY, PLN, USD, EUR, INR, BRL, CNY, RUB. The website offered by the company is available in three languages English, Russian and German. The company allows trading in Binary Options but do not have the facility of Touch options. Some of the major currency pairs by them are EUR/USD, GBP/USD and USD/JPY. They do have commission and fees on the trade done and varies with the type of trade that you do. For forex ECN trading the commission set by the company is $2.5 to $3.5/Lot, for CFDs the commission is 0.1% to 0.2%. However, on binary option trading they do not have any commission. They do have margin interest on the trade done. They do have depositing fees as well and for wire transfers it is 1% to 3% and for online transfers it is 0.8% of the deposited amount. They also charge withdrawal fees and are $28 to $300 for wire transfers and 0.8% for online transfers.
The customer support service of the company is one of the best in the industry. The service is available in three languages and is Russian, German and English. The service is available through phone, email and live chat. However, the email response time is more than a week which is a drawback. They do not take up telephone order and also do not provide personal account managers. They have the email alert and sms alert service for their traders. They also provide the service of mobile trading.