Market Equity is a forex broker established in Kuwait in 2013, with its headquarters located in Salmiya. This broker primarily provides users with trading services for financial derivatives such as forex, stocks, indices, and commodities. It is regulated by multiple national regulatory bodies.
Company Background
Market Equity is a forex broker that offers forex trading services, with its registered entity being Market Equity Holding Company, which has the registration number 209845 and a license number of 35920. According to information obtained from a Whois search, the official website domain name of Market Equity was registered on September 11, 2013.
An affiliated entity of Market Equity, Market Equity Limited, is registered in Labuan, Malaysia, with the registration number LL17477. Its office address is 9, Phil Business Centre 2, Unit F7, 1st Floor, Paragon Labuan, Jalan Mustapha, 87000, Labuan F.T.
Another affiliated entity, Market Equity INC, is registered in Vanuatu, with a license number of 40221 and its registered address at Govant Building, first floor, Kumul highway, Port Vila, Vanuatu.
Regulatory Information
Market Equity is a regulated forex broker. Its entity, Market Equity INC, is regulated by the Vanuatu Financial Services Commission (VFSC) and holds a regulatory license, with the license number being 40221.
The affiliated entity, Market Equity Limited, is regulated by the Labuan Financial Services Authority (Labuan FSA) and holds a regulatory license, with the license number: MB/21/0083.
Trading Products
Market Equity offers a variety of trading products, including forex, stocks, indices, and commodities.
- Forex trading: Market Equity allows investors to participate in the forex market, offering opportunities to trade various currency pairs. Investors can trade based on the price fluctuations of one currency against another.
- Stock trading: Market Equity enables users to trade a wide range of global stocks. Investors can trade stocks of various well-known companies.
- Indices trading: Market Equity allows investors to trade based on the price movements of specific financial indices. These indices include stock indices, commodity indices, bond indices, etc., enabling investors to engage in the market by trading these indices.
- Commodity trading: Contracts for difference (CFDs) on commodities allow investors to profit from price fluctuations of raw materials and resources without physically owning them. Commodities include raw materials such as crude oil, copper, and iron ore. Commodity CFDs allow investors to participate in various commodity markets without ownership.
Trading Software
Market Equity offers investors the well-known trading platform in the forex market: MetaTrader 5. MetaTrader 5 provides various trading indicators, Expert Advisors for automated trading, and an array of charting tools, featuring more technical indicators, a wider range of order types, and a more advanced built-in economic calendar.
Account Registration
The official website of Market Equity offers two types of account registration: real accounts and demo accounts.
To register for a real account: firstly, open the Market Equity official website, and click on “OPEN LIVE ACCOUNT” on the webpage.
Follow the steps to complete the account registration.
To register for a demo account: firstly, open the Market Equity official website, and click on “OPEN LIVE ACCOUNT” on the webpage.
Follow the steps to complete the account registration.
Account Types
Market Equity offers three different types of trading accounts: ECN Account, Money Bank Account, and Scalping Account.
- ECN Account: Spreads start from 0.0, leverage up to 1:500, commission is $8, with a margin call level of 20%, and a financial return of 0.
- Money Bank Account: Spreads start from 1.4, leverage up to 1:500, no commission, stop out level at 20%, and a financial return of $3.
- Scalping Account: Spreads start from 1.4, leverage up to 1:200, no commission, stop out level at 20%, and a financial return of 0.
All three types of accounts enjoy a minimum deposit of $100, a minimum lot size of 0.01, and have a take profit/stop loss limit of 0.
Deposit and Withdrawal Methods
Market Equity also offers various deposit and withdrawal options, such as VISA, MasterCard, KNET, STICPAY, Skrill, NETELLER, fasapay, and UnionPay.
- VISA, MasterCard, STICPAY: The deposit fee in USD is 3%, with a minimum deposit of $100.
- KNET: The deposit fee is 500 fils per transaction, with a minimum deposit amount of 20 Kuwaiti Dinars.
- Skrill, NETELLER: The deposit fee in USD is 4-5%, with a minimum deposit of $100.
- fasapay: The USD deposit fee is 0.5%.
- UnionPay: The USD deposit fee is 2%, with a minimum deposit of $100.
Market Equity does not accept deposits from third parties or cash deposits. The company may decide at its discretion to accept or reject payments and does not cover the payment fees for deposits or withdrawals, no trading or minimum trading. Transferred funds will not be returned under any circumstances.
Customer Support
This broker provides 24/5 multilingual support, available through multiple channels including telephone support, email support, and online chat. Traders can contact the customer support team by phone at +44 1 444 36 4444 for direct and immediate assistance. Investors can also send queries or requests to cs@marketequityinc.com. Additionally, the online chat feature on the Market Equity website allows for quick communication with the broker.
Summary
Market Equity, registered in Kuwait, is regulated by the Vanuatu Financial Services Commission (VFSC) and the Labuan Financial Services Authority (Labuan FSA). Market Equity offers a variety of trading products, including forex, stocks, indices, and commodities. It provides that traders need to be well-educated before engaging in high-leverage trading, understand market mechanisms, and consider their investment objectives and risk tolerance carefully.
Currently, Market Equity is marked as "Active" on TraderKnows.
