General Information | |
---|---|
Broker Name: | Market Giants |
Broker Type: | Forex & CFDs |
Country: | UK |
Operating since year: | 2022 |
Regulation: | N/A |
Address: | 37th Floor, Canary Wharf, 1 Canada Square, London E14 5AA |
Broker status: | Active |
Customer Service | |
Phone: | +442034554896 |
Email: | N/A ( But there is a Contact Form) |
Languages: | German and English |
Availability: | 24/7 |
Trading | |
The Trading platforms: | Proprietary |
Trading platform Time zone: | GMT+00:00 |
Demo account: | Yes |
Mobile trading: | No |
Web-based trading: | Yes |
Bonuses: | No |
Other trading instruments: | Yes |
Account | |
Minimum deposit: | $250 |
Maximal leverage: | 1:500 |
Spread: | Floating |
Scalping allowed: | Yes |
CONTENT
- General Information & First Impressions
- Fund and Account Security
- Account info at marketgiants.com
- Market Giants’ Trading Platform
- Conclusion
General Information & First Impressions
Market Giants is an online forex and CFDs brokerage. It operates from the UK and provides users with trading services on various different assets from numerous categories. The broker strives to be open to wide audiences and to provide a streamlined yet powerful service. Our Market Giants review will tell you if it successfully does so.
As we said, the broker operates via CFDs. In other words, it’s able to provide a much larger library of assets than most brokerages and at lower prices. Right on the home page of marketgiants.com, we learn that the spreads go as low as 0.0 pips. And if you’re trading at that rate, you’re essentially paying nothing for the broker’s service.
And that’s not the end of Market Giants’ immediate benefits. It also has a 100% welcome deposit bonus, which significantly boosts your initial experience. It allows you to take riskier or larger positions for more profit without losing the actual money you deposited. The combination of those two factors is a significant financial incentive to join Market Giants.
However, we’ll put that aside for now, as such specifications don’t tell the full story. Instead, we also need to look at how comfortable it is to use and other features that dictate the experience.
We’ll cover the latter further on, but on the usability side, Market Giants does a great job. Its website is clear and great at displaying exactly what you need to know. The navigation makes sense, and it’s easy to locate where the information you’re looking for is. Of course, for anything that seems to be missing, you can take a look in the formal documentation.
Fund and Account Security
You’ve likely been educated about the danger of the internet and how important of a role online security plays. However, while it is always important to stay safe online, the danger is rarely as pronounced as it is with brokers. The reason is simple; there’s more money in online trading than in the vast majority of online services.
You’ll rarely purchase an item worth more than $1,000 online, especially from an unknown retailer. So even if the item doesn’t arrive, it usually isn’t a devastating financial loss. However, you’re often depositing much more than that with relatively unknown brokerages.
The cure is to make sure the brokerages aren’t unknown. You can do that by researching every company you join, which is a tedious process. But as boring and frustrating it can be, it’s the only way to avoid losing thousands to a scam.
But there’s another problem; a lot of traders don’t know how to inspect a broker properly. Improper research is only a step above not knowing anything and is not really close to true safety. However, we’ll use the knowledge we’ve gathered by looking at brokers to help you. This part of our Market Giants review will inspect the company’s safety and trust.
However, even though that intro was slightly bleak, Market Giants is doing great trust and safety-wise. Namely, it’s honest about all of its conditions and lacks misleading language, which earns it a lot of slack.
On top of that, the choice to operate from the UK sets it apart from scam brokers. Not only is the location itself safer, but the decision to operate from a secure, onshore location speaks of the broker’s integrity. We’re confident in saying that Market Giants is one of the safer currently active brokers.
Account Info at marketgiants.com
Market Giants follows a similar structure that most brokers do with their accounts. As we said near the start of our marketgiants.com review, the broker strives to be open and accepting to various traders. Of course, that means it needs to bridge the natural service divide between budget and luxury users.
The problem is that users with fewer budget restraints expect much more than those with more. Because of that, a lot of companies naturally gravitate to one side or the other. And then, in an avaricious attempt to attract different customer groups than the one they target, they set up the rest of the accounts.
However, the rest usually isn’t as good, and serves more as bait than to provide an actual service. Needless to say, the customers that fall for that usually feel let down by the service.
Market Giants, however, avoids that issue deftly. For starters, the accounts function via deposit requirements, so even if you’re unhappy, you can pull out your funds. In essence, besides the transfer fees, you wouldn’t be paying anything.
However, the broker also works to remove the source of the discontent. Its accounts are fairly balanced, so they neither force you to upgrade nor underperform expectations. Market Giants Balances their accounts fairly so that every budget category gets a significant upside from joining.
Earlier in our Market Giants review, we also mentioned financial incentives to join. When you pair that with the additional benefits from the accounts and overall customer service, it shapes up into a fantastic brokerage.
Here are some of the exact features you can expect from the accounts on marketgiants.com:
Bronze
- Min. Deposit $250
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
Silver
- Min. Deposit $25,000
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
- Personalised Trading Alerts
Gold
- Min. Deposit $50,000
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
- Personalised Trading Alerts
- Risk Free Trades
- Practical Guided Trading Sessions
Premium
- Min. Deposit $100,000
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
- Personalised Trading Alerts
- Risk Free Trades
- Practical Guided Trading Sessions
- Eligible for the Market Giants Managed Account Service
Platinum
- Min. Deposit $250,000
- Full Market Access
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
- Personalised Trading Alerts
- Risk Free Trades
- Practical Guided Trading Sessions
- Eligible for the Market Giants Managed Account Service
- Higher Leverage
VIP
- Min. Deposit $500,000
VIP +
- Min. Deposit $500,000
Market Giants’ Trading Platform
As we emphasized throughout our Market Giants review, it has a significant focus on straightforwardness. That reasoning carries through to its platform, which the broker made sure was accessible and powerful.
It achieves that by making sure that the fundamentals of the platform are strong. In other words, Market Giants based the software on the two most popular platforms out there, MT4 and MT5. However, even though they’re the market leaders, they aren’t faultless.
Market Giants felt like there was room for improvement both in terms of usability and power. As such, the company made its own trading platform with improvements in both regards. In its current state, the software has significant upsides over the two that fueled the initial idea.
It also boasts a degree of customization, which can help muscle memory and overall platform navigation. As such, the customer experience gets significantly better, and your quick trading skills can easily transfer from the previous platform you were using to Market Giants’.
Conclusion
Market Giants is a brokerage that isn’t afraid to move forward in a relatively stagnant area. While most forex and CFDs brokers look like nearly exact copies of each other, Market Giants isn’t afraid to innovate.
However, it’s not just blind creativity that tries new things just for the sake of it. It’s precise and deliberate, improving in the areas that matter most to traders. An example is the broker’s platform, which is the space where traders spend most of their time.
Altogether, both service and safety-wise, there are few companies that compare to Market Giants. We’re happy to see the fruits of its labor flourish and eager to see how it grows. To wrap up our Market Giants review, we’ll give it a definite recommendation.
They’re really good.
Reliable trading signals. I am so thankful to have them as my broker. They’re really good.
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They have a lot to offer.
I will recommend this broker company to all people looking for extra income. They have a lot to offer.
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Excellent forex broker.
Excellent forex broker. Great variety of trading instruments that are affordable and profitable.
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I am happy and satisfied.
I had a really useful experience with this broker. The signals are good, and so are the services. I am happy and satisfied.
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I am a new trader here, but I can tell you that they have a really good support team and trading instruments. Worth dealing with them