The Seychelles jurisdiction is a very popular location for registering brokerage businesses, which is why anonymous scammers often set up their fake companies there. In today’s review, our aim is to understand what the MarketsVox broker actually represents. Is it profitable to trade here? Is it safe to store your deposit? And what other issues should be considered?
Brief Overview
- 🖥Official Website: https://marketsvox.com/en/
- ✈️Contact Address: CT House, Office 9A, Providence, Mahe, Seychelles
- 📞Customer Support: support@MarketsVox.com, +248 4373790
- 🔐Licensing and Accreditation: SFSA
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $1, 1:2000
- 💰Additional Services: PAMM, partnership program, promotions
Marketsvox.com Examination
First, let us assess the company’s official website, as in most cases, it is the first thing a trader encounters. A black background, neon text, and Japanese candlesticks — the typical aesthetic of any brokerage firm. The emphasis is placed on flashy visuals rather than the quality and accessibility of information. The dark theme cannot be switched off, so users browsing in well-lit environments will have difficulty reading the content.
“Trade with a trusted broker” — a cliche phrase backed by nothing. And there is no shortage of such marketing tactics. What guarantees of reliability are actually offered? MarketsVox does not provide any; it merely mentions tier-1 liquidity but fails to name any of its providers.
The site supports translation into more than ten languages. At the top, there is a standard menu with information about the company, trading conditions, platform, and additional services. At the bottom, in small print, are the legal details and a risk disclaimer.
Overall, we did not find any serious errors or typos on the MarketsVox website. However, it would be a stretch to call this an authoritative and professional platform. Cliched phrases, stock images taken from the internet, and a lack of verification for all the claimed benefits are the main shortcomings.
Company Contacts
There is no dedicated section for contact details. They can only be found at the bottom of the page or within the “Regulation” section. MarketsVox provides just one email address and a single telephone number. Users may also send messages via an online chat, but responses tend to take a long time. The company also maintains social media accounts — on YouTube, Instagram, Twitter, and others, but these have few followers and very low engagement, suggesting that the broker is not popular among traders.
Key Conditions
MarketsVox offers three account types: Cent, Standard, and ECN:
- The Cent account is advertised as “ideal for beginners”. The account currency is USC (cent dollar). Leverage goes up to 1:2000. The execution type is Market Execution, though slippage is by no means excluded. Margin Call is set at 100%, and Stop Out at 40%.
- The Standard is supposedly the golden mean. Account currencies are USD, EUR, or GBP. The minimum lot size is 0.01, and the other conditions are essentially the same.
- The ECN is positioned as professional. The currency options remain USD, EUR, or GBP. The lot size starts at 0.01, with leverage up to 1:1000 — which is questionable for a true ECN account, where leverage rarely exceeds 1:100. A commission is mentioned, but no specific figures are disclosed. Spreads are not revealed either — neither exact numbers nor ranges. There is no mention of liquidity providers, no Depth of Market (DOM), and no market depth information at all. In effect, ECN appears to be in name only.
Spreads are not presented anywhere. There is no table, no screenshots, no figures. Only vague phrases like “tight spreads” and “low cost”, which prove nothing. Reputable brokers, such as Admirals or Tickmill, provide precise breakdowns for each instrument.
Commissions are obscured. On Standard and Cent accounts, they appear to be zero, but that simply means the commission is hidden within the spread. On the ECN account, a commission is supposedly applied, but no specific amounts are disclosed — neither in dollars nor as a percentage. Liquidity providers are also unnamed. All this suggests that MarketsVox operates as a typical dealing desk — profiting when clients lose money. The ECN label and talk of tier-1 liquidity are nothing more than marketing tactics aimed at attracting novice traders.
Exposing MarketsVox
The company is based in an offshore jurisdiction — the Seychelles. We checked the SFSA register, which is the local regulatory authority, and indeed, such a firm does appear on the register. This is not a fabrication.
However, it is crucial to understand that the Seychelles FSA is not a full-fledged regulator, but merely a registration body. It does not supervise brokers’ activities in real-time, does not mediate disputes between clients and companies, and does not operate a compensation fund. In other words, if you get scammed, there is no one to protect you. Neither a European court nor any international authority will be of help. It is essentially just a formal certificate.
It is unclear when the firm was founded. The broker does not state its year of establishment, and this information is also missing from the Seychelles corporate registry. The official domain, marketsvox.com, was registered in 2019, but the earliest snapshots on WebArchive date only from 2024. Third-party sources offer conflicting information, with some suggesting 2018 and others 2023. This ambiguity around the foundation date is a negative indicator.
What Reviews Do Users Leave?
Another major red flag is the presence of fake positive reviews, clearly commissioned by the company itself. For example, we reviewed several testimonials about MarketsVox, and it is immediately obvious that they are fabricated. One user claims the broker is “UK regulated”, despite the broker having no FCA license or any other British authorization — an outright lie. Another praises the “fast respond”, while making grammatical errors typical of machine translation or fake accounts. All such profiles have only a single post.
Conclusions
MarketsVox cannot offer any serious assurances of reliability. It lacks a license from a reputable financial authority, has no insurance, and possesses no long-standing record of honest and flawless operation. One must not forget that this is an offshore broker, and such platforms inherently fall into the high-risk category.
Pros/Cons
- There is an FSA license, albeit offshore.
- There is no serious regulation.
- Spreads, commissions, and swaps are not disclosed.
- Fake reviews on the internet.
- Liquidity providers are not listed and the ECN serves as a marketing ploy.
I traded with that broker for a couple of months. I deposited $500, received a bonus, and the MT5 platform worked fine. But once I tried to withdraw the profits, the problems began. First, they requested re-verification, then delayed the process for a week, and eventually canceled my withdrawal orders due to “improper use of the platform”. My profits vanished, support disappeared, and my emails were ignored. It felt like an outright scam
I considered using this broker for copy trading, but it quickly became clear something was off. Not a single credible name is listed on the team; the only license is from Seychelles, which offers no regulatory control. All the awards shown are fake; there is nothing about them on Google. I decided not to take the risk and would not recommend anyone else to either. It looks far too dangerous…
As an experienced trader, I do not recommend Marketsvox. I honestly do not see the point of such a brokerage that offers no guarantees. Today I might deposit $5,000, and tomorrow they could disappear – what am I supposed to do then? How would I recover my losses? In my opinion, this is a typical scam. Not a legal broker!