MarketsKing is a new binary options broker, that still accept US Traders.
- Minimum Deposit is only $100
- Unique Trading Platform
- Founded in 2013
Top Rated Broker
MarketsKing is a binary options broker headquartered in London, UK. The broker is a new company founded in 2013. They are not yet regulated. Currently, they are trying to get a license from CySEC in Cyprus. Their primary customers are from Singapore, UK, Australia, Canada and USA. There are more than 40 stocks you can trade. There is no requirement to make a deposit for the account opening. It only takes a few seconds to register for an account. There is a wide range of options contracts to choose from including high/low, one touch, boundary, high yield, and double up. TradeThunder accepts USA clients.
MarketsKing provides the Osystem platform for traders. The Osystem platform is fast and efficient. It displays the important information such as payouts, expiry and risk level in a single screen. The minimum trade amount is $20 while the maximum trade amount is $500. The trading platform features an intuitive layout that makes it suitable for both beginners and advanced traders. They support both early trade closure and roll over features.
There is a feature called social trading stream that let you see the trading tips other users offer. The limit order feature enables traders to leverage their insights on technical analysis. The Buy more time feature allows you to prevent losses by postponing the expiry. The maximum number of times you can extend a trade is 3 times. The iFollow feature lets you get the latest trading signals. The platform supports 3 languages including English, Russian and Arabic.
MarketsKing offers three types of accounts including Standard, Premium, and Platinum accounts. Standard account is designed for traders who want to invest in between $250 – $999. Standard account holders will be given free access to 1 on 1 trading session, and ebooks. Premium account has a minimum deposit requirement of $1,000. Premium account holders will get a free account manager. Platinum account is for those who want to invest more than $5,000. Platinum account holder will receive free trading tips regularly. Mobile trading access is available to both premium and platinum account holders.
MarketsKing allows traders to deposit/withdraw funds from their accounts through a variety of methods including credit card, WebMoney, MoneyBoookers, GiroPay, EUTeller, and wire transfer. It has a minimum deposit requirement of $200. It takes about 5 – 7 days for your withdrawal request to be processed. If you withdraw via wire transfer, you will be charged with a $25 fee. You won’t be charged with a fee if you choose other methods such as CashU.
Profits and Returns
MarketsKing offers a maximum payout of 80 – 91% for standard high/low options. They also offer a 5% compensation for out-of-money trades. The high yield options offers a maximum payout of 500%. They also offer different levels of bonuses depending on how much profits you earn.
MarkesKing offers 24/7 customer support through email form, live chat and telephone number. The live chat support on Skype also support video calling. They only provide toll free telephone customer support for customers in the UK. The FAQ section provides answers to all your questions. The website supports many languages including English, French, Spanish, Swedish and etc. The customer support representatives are friendly and ready to help you with your problem. MarketsKing uses the 128 bit SSL encryption technique to protect customers’ accounts.
In conclusion, MarketsKing is a reputable binary options broker recognized for its good customer support. They are now offering a welcome bonus that worth $6000 and a free iPad for traders who sign up with them.